Sarhan in CNBC: IBM plunges, drags down market
Sarhan in CNBC: IBM plunges, drags down market
Week-In-Review: Stocks Sit Below Major Resistance
Stocks Sit Below Major Resistance As Earnings Season Begins Stocks rallied last week as the bulls sent the major indices above important areas of resistance and within striking distance of fresh record highs. Most of the big financials rallied last week after reporting crummy numbers. This reinforces our point about focusing on the reaction, not the actual…
Sarhan In CNBC: Stocks try to extend winning streak; financials lead
12:19pm EST U.S. stocks traded in a range Thursday, trying for a third-straight day of gains, amid bank earnings and choppy trade in oil. “It’s perfectly normal to see the market pause here for two reasons,” said Adam Sarhan, CEO of Sarhan Capital. “First, to digest the very strong rally we’ve had in the last…
Week-In-Review: Stocks End Week Lower Ahead of Earnings Season
Stocks End Week Lower Ahead of Earnings Stocks ended lower for the first full week of the new quarter and before earnings season begins in earnest. The short term action remains sloppy (to put it nicely) and continues to frustrate both the bulls and the bears. Eventually, clean trends will emerge, but for now, patience is paramount….
Sarhan in CNBC: Stocks struggle for gains as close nears; yen resumes rise
Friday, 04.08.16 3:35 pm U.S. stocks gave up gains to trade narrowly mixed Friday as the yen held near highs not seen against the U.S. dollar since October 2014. The S&P 500 erased year-to-date gains in afternoon trade as the major averages temporarily turned lower on the day. The Dow Jones industrial average struggled for gains…
Sarhan in Reuters: Wall Street pulls back after recent rally
Markets | Mon Apr 4, 2016 6:29pm EDT U.S. stocks ended weaker on Monday, pulling back from a recent rally that took them to new 2016 highs, as losses in commodity-related and industrial shares offset gains in healthcare. The S&P materials sector .SPLRCM fell 1 percent after copper prices touched their lowest in a month,…
Quarter-In-Review: Stocks End Historic Quarter Higher
Stocks End Historic Quarter Stocks remain very strong as the bulls continue to defend the short term 10 day-moving-average line for the major indices. The big news last week and last quarter is that easy money from global central banks is here to stay. For now, stocks continue to worship easy money and until that…
Sarhan In Reuters: Energy shares drag Wall St. down, Yellen speech awaited
Markets | Tue Mar 29, 2016 9:55am EDT Wall Street was lower on Tuesday as oil prices skidded, and investors awaited Federal Reserve Chair Janet Yellen’s speech for clues on when the central bank may raise interest rates. Crude oil fell about 3 percent amid concerns that a two-month rally may be in danger of…
Forbes: Oil Rally: Is This The Real Deal, Or Is A New Bottom On The Way?
Read The Full Story Here: http://www.forbes.com/sites/adamsarhan/2016/03/22/to-bottom-or-not-to-bottom-a-closer-look-at-crude-oil/#7cf0babe1737
Forbes: 3 Timeless Lessons Every Investor Can Learn From Valeant Pharmaceuticals' Crash
Click here to read the full story: http://www.forbes.com/sites/adamsarhan/2016/03/15/3-lessons-from-valeant-pharmaceuticals-crash/#191ec0213293