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Adam Sarhan Reuters Quote: Gold rises as ECB comment boosts easing hopes
Thu Jul 26, 2012 12:31pm EDT By Frank Tang * ECB’s Draghi comment to rescue euro zone underpins * Gold briefly above 100 DMA, seen near inflection point * SPDR Gold Trust posts outflow (New details throughout, updates comment, changes byline, dateline, previously LONDON) By Frank Tang NEW YORK, July 26 (Reuters) – Gold rose…
Sarhan in CNBC: Stocks pare losses as oil climbs; transports up 2%
Tuesday, May 17, 2016 1pm EST U.S. stocks held lower in choppy trade Tuesday, with declines in consumer staples and utilities offsetting gains in energy as oil prices climbed. The Dow transports outperformed, holding about 2 percent higher and tracking for its best day since April 13, with Avis Budget leading all constituents higher. “A…
Sarhan in CNBC: Stocks slip after big jobs report rally; Street awaits retail sales
Monday, August 8, 2016 3:44pm EST Stocks slipped on Monday, despite a rise in oil prices, as investors awaited key retail sales data due later this week. “What I’m looking for is to see if this [rotation between sectors] continues,” said Adam Sarhan, CEO of Sarhan Capital. “Every day there seems to be” a new…
CNBC: Stocks Close Lower As Wall Street Braces For Key Events Later This Week
Tuesday, May 6, 2017 The Dow, S&P and Nasdaq ended Tuesday’s session lower, with investors looking ahead to ex-FBI Director James Comey’s testimony and the UK general election. Bond prices, meanwhile, caught a bid as the benchmark 10-year note yield hit its lowest level since the days following the U.S. presidential election. Gold prices also…
Sarhan on Bloomberg TV: Oil and Commodities: Breaking Out or Breaking Down?
1:15 PM EDT June 10, 2016 Adam Sarhan, founder and chief executive officer at Sarhan Capital, discusses the trade in oil and the potential for a new bull market in commodities. He speaks on “Bloomberg Markets.” (Source: Bloomberg) Or Watch Here: http://www.bloomberg.com/news/videos/2016-06-10/oil-and-commodities-breaking-out-or-breaking-down
International Business Times: Why Are Stocks Dropping? Here's What US Equity Market Gyrations Are Telling Us
September 06 2015 8:20 AM EDT Global fears about China’s economic slowdown have rocked equity markets around the world the past few weeks, and while many stocks, and even entire sectors, have remained in a slump since the country’s so-called Black Monday, some securities have snapped back impressively. However, the list of winners in recent…
