Bloomberg China Asks Adam About China's Housing Market
Adam Sarhan discusses housing prices in China
Sarhan Media Quote: Reuters- Gold undermined by stronger dollar
Kevin Riley, Benzinga Staff Writer Speaking to Benzinga, Sarhan Capital CEO Adam Sarhan discussed Lumber Liquidators Holdings Inc LL 10.42% ahead of its Thursday conference call. Sarhan said that Lumber Liquidators “is a broken stock” and that it was “extremely important for investors to remain cognizant of the fact that LL is in a bear market.”…
(Reuters) – Commodity prices from cotton to corn to crude tumbled on Friday, driving a key index to its longest-ever losing streak as supply-side fundamentals grew brighter. The rout came a day after news of strain at Portugal’s largest listed bank upset other financial markets with fears of financial contagion in Europe. But commodity investors…
on November 03 2014 1:23 PM As Alibaba Group Holding Limited prepares to post its first quarterly earnings report as a publicly traded company on Tuesday, Wall Street will be watching for three key developments from the Chinese e-commerce giant: Observers are on the lookout for any sign that China’s slowing economic growth is dampening…
Stocks have been flat for 18 months, but some market participants see potential upside in the second half despite many reasons to doubt the staying power of this weeks’ gains. After Thursday’s close, the Dow Jones industrial average and the S&P 500 were virtually unchanged for the year, having gained just 2.69 percent and 2.90…
“On the charts, gold has breached below two important support levels, namely its 50-day average at $1,382 and – as we mentioned above – its December lows at the $1,360s, explains Adam Sarhan, chief executive of New York-based Sarhan Capital in a Reuters interview.
“At this stage of the game, gold is at a very important inflection point,” Sarhan says.”