GDP vs S&P 500 With Rates At Zero
GDP vs S&P 500 With Rates At Zero
GDP vs S&P 500 With Rates At Zero
Monday 11.23.15 4pm EST U.S. stocks closed mildly lower Monday as investors eyed fluctuations in oil prices and looked ahead to economic reports in the shortened Thanksgiving holiday week. “I think part of it is we have GDP tomorrow and that has the potential to move markets around a little bit,” said JJ Kinahan, chief strategist…
Guest post, by Adam Sarhan 11.23.15 Earlier today Pfizer ($PFE) inked a record deal to buy Allergan ($AGN) for $155B. The deal was primarily due to help Pfizer save billions of dollars every year in taxes (a.k.a. tax inversion). Pfizer is the latest in a series of high profile companies that are moving their headquarters…
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Free Stock market commnetary
Adam Sarhan and Sarhan Capital quoted in CNBC
Adam Sarhan quoted in Reuters
U.S. stocks closed narrowly mixed Tuesday, as some encouraging earnings reports offset pressure from declines in oil prices and continued geopolitical concerns. The major averages struggled to hold higher, giving up intraday gains that briefly took the S&P 500 into positive territory for the year and pushed the Dow Jones industrial average up more than…
November 16 2015 4:28 AM EST Conventional wisdom holds that Monday is likely to see a rout in stock markets worldwide, as investors recoil in panic from the terrorist attacks in Paris. But what meager data is available on the behavior of traders following such tragedies suggests a morbid possibility: panicked selling may yet present…
Stocks Finally Pullback It was an ugly week on Wall Street as the bears returned from a short six week hiatus. Stocks fell hard last week, erased the last three weeks worth of gains, fell over 3.5%, and snapped a 6-week win streak. It was the largest weekly decline for stocks since August and the action suggests the…