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: 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.”Adam Sarhan Quoted in ZeroHedge: Bernanke & US Stocks
Thursday, June 7, 2012 MICHAEL MORAN, CHIEF ECONOMIST, DAIWA SECURITIES AMERICA, NEW YORK “Bernanke didn’t reveal anything new in his prepared remarks. He was general and vague about what the Fed might do with monetary policy. He reiterated the Fed was willing to do more, if needed, but offered no clues as to whether additional…
Tuesday Stock Market Review- Sarhan in CNBC: Stocks rise, led higher by materials; Nasdaq hits record high
Tuesday, August 23, 2016 4pm EST U.S. stocks traded higher on Tuesday, with materials gaining about 1 percent, as investors looked ahead to Federal Reserve Chair Janet Yellen‘s speech at the end of the week. “I think we’re transitioning from an interest-rate-driven market … to an earnings-driven market,” said Jeffrey Saut, chief investment strategist at…
Sarhan in CNBC: US stocks slide, pulling back from record highs; Fed minutes eyed
Tuesday, August 16, 2016 3:25pm Stocks slipped Tuesday, led lower by telecommunications, as investors awaited the release of the minutes from the Federal Reserve’s July meeting. “I think we had a little bit of profit taking. We had that trifecta concurrent record high yesterday. Part of it might be driven by the fact that we…
Sarhan in CNBC: Stocks slightly higher as oil rises; transports struggle for gains
Thursday, May 5, 2016 9:45am U.S. stocks traded higher Thursday as higher oil prices supported a more risk-on tone, ahead of the key employment report due Friday. “It’s a little bit of a relief rally … oversold bounce,” said Adam Sarhan, CEO of Sarhan Capital. “You also have a rebound in oil which is very…
Adam Sarhan Dow Jones Newswires Quote: MARKET TALK: Raw Sugar Remains Near Key Level of 20c/Lb.
Mon 17 September 2012, 14:45 EDT – Raw-sugar futures edged higher after playing both sides of unchanged in intraday trade as the market struggles with conflicting fundamentals and technical signals. “Sugar is at a critical inflexion point,” says Sarhan Capital’s Adam Sarhan. A global glut of the sweetener is pressuring prices, but concerns over output in…
