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Sarhan Capital CEO: The Noose Is Tightening Around Amazon's Neck
Benzinga News Desk , Benzinga Staff Writer January 29, 2015 12:29pm When asked for expectations ahead of the Amazon.com, Inc. AMZN 0.52% earnings report, Sarhan Capital CEO Adam Sarhan told Benzinga that while the company’s P/E ratio is off the charts, it also has a history of selling investors the future. Selling The Future He…
Reuters Quote: US STOCKS-Wall St opens higher ahead of Fed statement
* Fed statement at 2 p.m. ET; Yellen conference at 2:30 p.m. * Weekly mortgage application falls 5.5. pct * FedEx down after results * Indexes up: Dow 0.29 pct, S&P 0.26 pct, Nasdaq 0.29 pct (Updates to open) By Tanya Agrawal June 17 (Reuters) – Wall Street opened moderately higher on Wednesday ahead of…
Adam Sarhan Reuters Gold Quote
Gold up 1.7% on inflation fear after cenbank move By Frank Tang and Susan Thomas NEW YORK/LONDON | Wed Nov 30, 2011 1:20pm EST (Reuters) – Gold rose nearly 2 percent on Wednesday, on track for its biggest three-day rally in more than a month, as a move by major central banks to add liquidity to global markets boosted…
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…
Adam Sarhan Quoted in MarketWatch: Goldman’s CAPE fear — and what it means for this stock run
March 12, 2013, 3:57 PM So Jim O’Neill of Goldman Sachs is concerned about the so-called CAPE ratio, which he said is indicating that stocks look expensive. Bloomberg News/Landov Jim O’Neill at 2011 forum in Hong Kong. CAPE refers to the cyclically adjusted price-earnings ratio that helps smooth out economic cycles as it looks at earnings…
Sarhan on CNBC: Stocks close mixed amid oil slide
Monday, March 14, 2016 4pm EST U.S. stocks closed mixed in low volume trade Monday, mostly shaking off a decline in oil prices ahead of the Federal Reserve’s meeting later in the week. “Today’s pretty much of a day where people shore up their positions ahead of the meeting,” said JJ Kinahan, chief strategist at…