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Adam Sarhan Reuters Quote: COMMODITIES-Nine-week rally shows signs of fatigue, gold flat
Fri Aug 24, 2012 5:28pm EDT * CRB index, down on day, logs eighth weekly rise in 9 wks * Some say rally petering out as grains, oil short of highs * Gold back in favor with best weekly gains since Jan By Jonathan Leff NEW YORK,…
Sarhan in CNBC: Nasdaq, S&P close at all-time highs; Dow jumps 1 pct after jobs beat
Friday, August 5, 2016 U.S. equities traded sharply higher on Friday as Wall Street digested a better-than-expected jobs report. “The big takeaway, for me, is the market is doing exactly what it needs to move higher,” said Adam Sarhan, CEO of Sarhan Capital. “We’re now getting confirmation about what the Fed has been telling; that…
Reuters Quote: Gold's 'death cross' signals more losses coming
By Frank Tang NEW YORK (Reuters) – Gold rose two percent on Friday in a rebound rally, boosted as the euro rose against the dollar and as investors covered short positions the session after the metal hit a six-month low and briefly entered bear-market territory. Bullion is heading for a gain of around 10 percent…
Sarhan in CNBC: US stocks open mostly higher with earnings, oil in focus
Wednesday, April 20, 2016 9:35am U.S. stocks opened mostly higher Wednesday amid more earnings reports, as investors eyed oil prices ahead of crude inventory data due later in the morning. “We seem to have a fine balance between the tug of war that is crude prices and earnings that are better than worst case scenario,”…
Adam Sarhan Reuters Quote: Gold lower after strong US jobs data; platinum falls
* Drop in US jobless claims stirs ideas of Fed tapering * Platinum hits four-month low on technical selling * China’s imports from Hong Kong highest in seven months * Coming up: U.S. markets shut on Thursday By Frank Tang and Clara Denina NEW YORK/LONDON, Nov 27 (Reuters) – Gold fell on Wednesday, erasing initial…
CNBC: Dow closes at session highs as Street's overseas tension concerns ease
Monday, 4.18.17 U.S. equities closed higher on Monday as a weekend filled with geopolitical worries ended more calmly than investors expected, while bank stocks charged ahead. The Dow Jones industrial average closed more than 180 points higher as Boeing and Goldman Sachs contributed the most gains on the 30-stock index. The S&P 500 gained 0.86…
