Tuesday Recap: Sarhan in CNBC: Stocks Fall As Dollar Jumps To Highest Level In Nearly 2 Months

Tuesday Recap: Sarhan in CNBC: Stocks Fall As Dollar Jumps To Highest Level In Nearly 2 Months

Tuesday, October 04, 2016 U.S. stocks fell on Tuesday as investors digested a rising dollar, data from the International Monetary Fund, remarks from a Federal Reserve official and kept an eye on the latest developments from Deutsche Bank. “You’ve got two schools of thought here. You have momentum traders buying dips but you also have…

Week-In-Review: Stocks End Month Mixed; Quarter Higher

Week-In-Review: Stocks End Month Mixed; Quarter Higher

Stocks End Month Mixed; Quarter Higher Stocks ended mixed in September and higher for the quarter. Volatility, which had been muted since Brexit, jumped last month as stocks traded all over the map. At this point, the big take-away is the Fed (and other central banks) stepped in for the umpteenth time and did their best…

Friday Recap- Sarhan In CNBC: Stocks extend gains, Dow up triple digits as Deutsche surges

Friday Recap- Sarhan In CNBC: Stocks extend gains, Dow up triple digits as Deutsche surges

Friday, September 30, 2016 U.S. equities rose sharply on Friday as investors kept a close eye on Deutsche Bank shares following a fall that triggered a broad-based sell-off. The Dow Jones industrial average jumped more than 200 points in late-morning trade before holding about 185 points higher, with Goldman Sachs contributing the most gains. The…

Thursday Recap: Sarhan in @CNBC: Stocks fall sharply; Deutsche Bank down 6.5%

Thursday Recap: Sarhan in @CNBC: Stocks fall sharply; Deutsche Bank down 6.5%

Thursday, September 29, 2016  U.S. stocks traded lower on Thursday the initial excitement from an OPEC production cut deal faded while investors digested several pieces of economic data. “For all intents and purposes, the OPEC meeting was all rhetoric and no action,” said Adam Sarhan, CEO at Sarhan Capital. “Remember, these countries do not like…

Adam in Reuters: US STOCKS-Wall St rises as energy, financial stocks gain

Adam in Reuters: US STOCKS-Wall St rises as energy, financial stocks gain

 Wed Sep 28, 2016 | 9:57am EDT * Yellen appears before Congressional committee at 10:00 a.m. ET * Tempur Sealy drops on disappointing forecast * Indexes up: Dow 0.22 pct, S&P 0.14 pct, Nasdaq 0.1 pct (Updates to open) By Yashaswini Swamynathan Sept 28 Wall Street rose on Wednesday, helped by higher oil prices and…

Tuesday Recap: Sarhan In CNBC: Dow up triple digits as tech gains 1% after debate, data; oil falls

Tuesday Recap: Sarhan In CNBC: Dow up triple digits as tech gains 1% after debate, data; oil falls

Tuesday, September 27, 2016 Stocks rose in choppy trade on Tuesday, despite a sharp fall in oil prices, following the first presidential debate between Hillary Clintonand Donald Trump. The Dow Jones industrial average rose approximately 130 points, with IBM contributing the most gains. The S&P 500 gained about 0.6 percent, with information technology rising more…

Week-In-Review: Central Banks Juice Stocks…Again

Week-In-Review: Central Banks Juice Stocks…Again

Central Banks Juice Stocks…Again Stocks rallied last week after global central banks juiced markets – for the umpteenth time. Eventually, markets will stop reacting well to all the easy money being injected into the system, but we are not there just yet. The market remains relatively split as the Nasdaq 100 hit a fresh record…