Benzinga's Pre-Market Show Interviews Adam About Macro Markets, Sectors and Stocks
https://soundcloud.com/bztv/premarket-prep-for-august-28-gild-buys-kite-and-moves-the-biotech-market#t=34:40
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Reuters Quote: Wall St. opens lower as Greek crisis weighs
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Reuters Quote: Copper caps worst monthly loss since June 2010
Reuters Quote: Copper caps worst monthly loss since June 2010
“I still think there is still some work to be done,” said Adam Sarhan, chief executive of
Sarhan Capital in New York.
“We are seeing a light-volume bounce up to a logical area of resistance … there is also the
issue of a death cross, which bodes poorly for the near-term outlook.”
A death cross occurs when the 50-day moving average sinks below, or crosses over, its 200-day
moving average.
(Graphic: link.reuters.com/puk53s )
“As long as copper stays below its 50- and 200-day moving averages, the bears remain in
control.”Sarhan In @CNBC: Stocks Slip As Oil Falls; Energy Sheds 1.5%
Stocks fell on Wednesday as the recent rally in equities eased and investors digested falling oil prices, as well as quarterly results from retail firms. “It looks like a normal, healthy pullback,” said Adam Sarhan, CEO at Sarhan Capital. “Even under the surface, … we see orderly selling.” “At this point in time, investors are…
Adam Sarhan Media Quote: Reuters Gold
Gold ekes out gain but technical selling weighs By Frank Tang and Jan Harvey 1.13.12 NEW YORK/LONDON (Reuters) – Gold managed to end with a small gain in light volume on Monday, as technical selling and a fizzled euro rally offset bullion’s initial gains after Greece’s parliament passed austerity measures needed to secure an international bailout package….
Adam Sarhan Reuters Quote: Copper ends up after Bernanke keeps stimulus hopes alive
By Chris Kelly and Susan Thomas NEW YORK/LONDON | Fri Aug 31, 2012 2:10pm EDT (Reuters) – Copper rose on Friday to end August with a monthly gain, after Federal Reserve Chairman Ben Bernanke said high unemployment is a “grave concern”, leaving investors hopeful for another round of government bond buying, or quantitative easing, or QE, from…
Adam Sarhan Reuters Quote: COMMODITIES-Gold, wheat rally; commods in for year's best quarter
Fri Sep 27, 2013 4:49pm EDT By Barani Krishnan NEW YORK, Sept 27 (Reuters) – Gold and wheat rallied on Friday and a few other commodities rose slightly, adding to what was shaping to be the sector’s best quarterly performance in a year when the third quarter closes next week. The…
