Adam Sarhan Reuters Quote: U.S. job growth offers upbeat sign for weather-beaten economy

Adam Sarhan Reuters Quote: U.S. job growth offers upbeat sign for weather-beaten economy

Want More? Join Our OUR FREE NEWSLETTER Published: Friday, 7 Mar 2014 | 10:07 AM ET * Nonfarm payrolls rise 175,000 in February * Unemployment rate rises to 6.7 percent from 6.6 percent * Average hourly earnings rise nine cents, workweek falls * Data seen bolstering Fed’s resolve to scale back stimulus WASHINGTON, March 7…

Adam Sarhan WSJ Quote: Brazil Drought Jolts Commodities' Prices

Adam Sarhan WSJ Quote: Brazil Drought Jolts Commodities' Prices

COMMODITIES Brazil Drought Jolts Commodities’ Prices Coffee, Sugar and Soybeans See Sharp Increases By ALEXANDRA WEXLER, JEFFREY T. LEWIS and LESLIE JOSEPHS Updated March 4, 2014 7:27 p.m. ET SÃO PAULO, Brazil—Brazil’s worst drought in decades is decimating crops but breathing new life into battered commodity markets. It hardly has rained in some of the…

Don't Fight The Tape

Don't Fight The Tape

Adam Sarhan is a contributing writer to Minyanville.com. Earlier today he published this article and sent a related note to FindLeadingStocks.com members. Don’t Fight The Tape: Don’t Fight The Tape is an old adage on Wall Street that sounds great in theory but is difficult for most people to apply in real-time. Why? Because most…

Stock Market Week & Month In Review: Stocks Surge In February

Stock Market Week & Month In Review: Stocks Surge In February

Looking For Leading Stocks? Try FindLeadingStocks.com? (For Under $3/Day Why Wouldn’t You Give It A Try?) STOCK MARKET COMMENTARY: FRIDAY, FEBRUARY 28, 2014 The benchmark S&P 500 (SPX) jumped to a fresh record high on Friday and broke out of an inverse Head & Shoulders continuation pattern (shown above). This is very healthy action considering…

Adam Sarhan Reuters Quote: GLOBAL MARKETS-Yellen helps offset Ukraine worry; S&P 500 hits record

Adam Sarhan Reuters Quote: GLOBAL MARKETS-Yellen helps offset Ukraine worry; S&P 500 hits record

* S&P 500 closes at record high * Russian ruble hits 5-year low vs dollar * Euro bounces off 2-week low * U.S. Treasuries’ yields at two-week low Thu Feb 27, 2014 4:42pm EST By Chuck Mikolajczak NEW YORK, Feb 27 (Reuters) – Stocks on world markets mostly advanced on Thursday, while the S&P 500 closed at a record high, as comments from U.S….

Adam Sarhan Reuters Quote:  US STOCKS-Wall St gains after Yellen remarks, retailers jump

Adam Sarhan Reuters Quote: US STOCKS-Wall St gains after Yellen remarks, retailers jump

    Thu Feb 27, 2014 2:23pm EST *Yellen says some data weak, weather impact uncertain * J.C. Penney, Best Buy shares rally after results * Dow up 0.5 pct; S&P 500 up 0.5 pct; Nasdaq up 0.7 pct By Caroline Valetkevitch NEW YORK, Feb 27 (Reuters) – U.S. stocks rose on Thursday after comments from Federal Reserve Chair Janet Yellen offered some relief…

S&P 500 Breaks Out of a Head & Shoulders Continuation Pattern
|

S&P 500 Breaks Out of a Head & Shoulders Continuation Pattern

Like This Post? SIGN UP FOR OUR FREE NEWSLETTER & GET POWERFUL IDEAS DIRECTLY TO YOUR INBOX Each Week On Thursday we wrote that the S&P 500 (SPX) was about to breakout of a H&S bottom pattern. The correct term should be a H&S continuation pattern. Semantics aside, this is a bullish pattern and the bulls…