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CNBC: Stocks close higher as Street attempts rally amid low oil
U.S. stocks traded mostly higher Monday, attempting to recover from a sharp sell-off last week, as investors eyed low oil prices in a shortened trading week. “This time of the year is notorious for rallying. You might get some squaring of positions here that has little to do with oil prices,” said Mark Luschini,…
MarketWatch Quote: S&P 500 poised for sixth straight loss as stocks extend decline
Tuesday, November 1, 2106 U.S. stocks extended losses Tuesday, with the S&P 500 on track for a sixth consecutive loss, as investors grappled with a tightening presidential race, economic data and corporate earnings. Polls show the race between Democratic nominee Hillary Clinton and Republican rival Donald Trump continues to tighten. The latest ABC News/Washington Post…
Adam Sarhan Quoted In Reuters: TECHNICALS-Copper's slump this week isn't over, chartists say – RTRS
14-Jan-2015 15:05 By Marcy Nicholson NEW YORK, Jan 14 (Reuters) – NEW YORK, Jan 14 (Reuters) – Copper’s 12-percent dive so far this week has sliced through key support levels, setting up a deeper slump that some chartists say could test the market’s decade low following the 2008 financial crisis. This week’s slump, which is…
CNBC Quote: Nasdaq Falls 1%, Dow Falls 150 Points Amid Global Growth Concerns
Evelyn Cheng | @chengevelyn U.S. stocks traded lower after briefly attempting gains on Friday, despite surprisingly strong Amazon earnings, as signs of slower global growth weighed on sentiment. “I think the overarching driver for change may be the macro, not the micro,” said Art Hogan, chief market strategist at Wunderlich Securities. “It’s been a week…
Adam Sarhan Quoted in MarketWatch: Home builder ETF wavers near a breakout point as earnings roll in
While chart watchers got fired up when a play on home builders broke out to a record high last month, the SPDR S&P Homebuilders ETF XHB hasn’t done much since then. MarketWatch columnist Kevin Marder and Adam Sarhan of Sarhan Capital were among the technical analysts who pointed out XHB’s bullish move above 34 last month. They weren’t necessarily…
Adam Sarhan Reuters Quote: TREASURIES-Prices rise on worries over US, European business conditions
Thu Feb 21, 2013 11:14am EST * Surveys show downturn in euro zone businesses * U.S. weekly jobless claims rise by more than expected * Philly Fed business conditions in January lowest in 8 months * Treasuries underpinned by concern over government spending cuts By Chris Reese NEW YORK, Feb 21 (Reuters)…