Markets | Thu Mar 24, 2016 8:59pm EDT The March U.S. employment report and other key economic numbers next week could help U.S. stocks resume their recent winning path as long as that data hits the sweet spot: Not strong enough to add to worries about further interest rate hikes, yet not weak enough to…
– Want Sarhan Capital To Manage Your Portfolio? – Stocks Finally Pullback- Will It Last? Finally, the long awaited pull back arrived on Wall Street as the major indices pulled back and snapped a very strong 5-week win streak. The pullback began when a slew of commodities started falling as the US dollar rallied. Remember, commodity…
Thursday, March 24, 2016 U.S. stocks ended off session lows Thursday, the final trading day of the holiday-shortened week, as oil prices recovered from session lows and the U.S. dollar index gave back some gains. ( Tweet This ) The Nasdaq composite closed 0.1 percent higher, as Amazon.comrallied 2.3 percent and the iShares Nasdaq Biotechnology…
Friday, March 18, 2016 U.S. stocks closed higher Friday, extending the rally that followed the Federal Reserve’s accommodative policy decision earlier in the week. The major averages closed nearly 1 percent higher or more for the week, their fifth-straight week of gains since November. ( Tweet This ) “Traders, investors are looking at a calm…
– Want Sarhan Capital To Manage Your Portfolio? – Easy Money Reigns Supreme…For Now Once again, easy money, from the Fed and other central banks, continues to send stocks higher and distort the playing field. Every major central bank in the world is back in easy money mode (including the U.S. Fed). The easy money trade…
Monday, March 14, 2016 4pm EST U.S. stocks closed mixed in low volume trade Monday, mostly shaking off a decline in oil prices ahead of the Federal Reserve’s meeting later in the week. “Today’s pretty much of a day where people shore up their positions ahead of the meeting,” said JJ Kinahan, chief strategist at…
– Want Sarhan Capital To Manage Your Portfolio? – Oversold Bounce Continues…For Now Stocks rallied nicely last week but it was another volatile week. The moves that are occurring in capital markets are wild. In fact, they are some of the largest moves (both up and down) we have seen in years. The wild moves are…
Markets | Thu Mar 10, 2016 1:06pm EST Wall Street reversed course and slipped sharply into the red in volatile trading on Thursday after European Central Bank President Mario Draghi signaled an end to further rate cuts. Stocks had jumped earlier in the day after the ECB pushed deposit rate deeper into negative territory and…
Stocks rallied nicely last week, with the bulk of the gain occurring on Tuesday. The major indices ended higher and are now up very nicely from the Feb 11 low. The benchmark S&P 500 has soared nearly 10% over the past 3.5 week
Adam Sarhan in CNBC