Sarhan in CNBC: IBM plunges, drags down market
Sarhan in CNBC: IBM plunges, drags down market
Sarhan In CNBC: Stocks try to extend winning streak; financials lead
12:19pm EST U.S. stocks traded in a range Thursday, trying for a third-straight day of gains, amid bank earnings and choppy trade in oil. “It’s perfectly normal to see the market pause here for two reasons,” said Adam Sarhan, CEO of Sarhan Capital. “First, to digest the very strong rally we’ve had in the last…
Sarhan in CNBC: Stocks struggle for gains as close nears; yen resumes rise
Friday, 04.08.16 3:35 pm U.S. stocks gave up gains to trade narrowly mixed Friday as the yen held near highs not seen against the U.S. dollar since October 2014. The S&P 500 erased year-to-date gains in afternoon trade as the major averages temporarily turned lower on the day. The Dow Jones industrial average struggled for gains…
Sarhan in Reuters: Wall Street pulls back after recent rally
Markets | Mon Apr 4, 2016 6:29pm EDT U.S. stocks ended weaker on Monday, pulling back from a recent rally that took them to new 2016 highs, as losses in commodity-related and industrial shares offset gains in healthcare. The S&P materials sector .SPLRCM fell 1 percent after copper prices touched their lowest in a month,…
Sarhan In Reuters: Energy shares drag Wall St. down, Yellen speech awaited
Markets | Tue Mar 29, 2016 9:55am EDT Wall Street was lower on Tuesday as oil prices skidded, and investors awaited Federal Reserve Chair Janet Yellen’s speech for clues on when the central bank may raise interest rates. Crude oil fell about 3 percent amid concerns that a two-month rally may be in danger of…
Forbes: Oil Rally: Is This The Real Deal, Or Is A New Bottom On The Way?
Read The Full Story Here: http://www.forbes.com/sites/adamsarhan/2016/03/22/to-bottom-or-not-to-bottom-a-closer-look-at-crude-oil/#7cf0babe1737
Forbes: 3 Timeless Lessons Every Investor Can Learn From Valeant Pharmaceuticals' Crash
Click here to read the full story: http://www.forbes.com/sites/adamsarhan/2016/03/15/3-lessons-from-valeant-pharmaceuticals-crash/#191ec0213293
Sarhan In Reuters: Wall Street Week Ahead – Economic data could put stocks back on higher path
Markets | Thu Mar 24, 2016 8:59pm EDT The March U.S. employment report and other key economic numbers next week could help U.S. stocks resume their recent winning path as long as that data hits the sweet spot: Not strong enough to add to worries about further interest rate hikes, yet not weak enough to…
Sarhan In CNBC: Stocks snap 5-week win streak
Thursday, March 24, 2016 U.S. stocks ended off session lows Thursday, the final trading day of the holiday-shortened week, as oil prices recovered from session lows and the U.S. dollar index gave back some gains. ( Tweet This ) The Nasdaq composite closed 0.1 percent higher, as Amazon.comrallied 2.3 percent and the iShares Nasdaq Biotechnology…
Sarhan in CNBC: Dow, S&P end green for 2016 as health care, financials lead
Friday, March 18, 2016 U.S. stocks closed higher Friday, extending the rally that followed the Federal Reserve’s accommodative policy decision earlier in the week. The major averages closed nearly 1 percent higher or more for the week, their fifth-straight week of gains since November. ( Tweet This ) “Traders, investors are looking at a calm…