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Latest MSN.com Quote- Gold enjoys biggest jump in eight days
Gold jumped to its biggest gain in eight sessions on Tuesday, snapping back from steep day-ago losses as the anticipation of further US stimulus mingled with new fears over global growth. In a jittery session marked again by gold trading less like a safe haven and more like a risky commodity, bullion rallied in the…
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…
Sarhan In Reuters: Trump rally sputters as energy, health stocks drag
Fri Nov 11, 2016 | 11:33am EST By Yashaswini Swamynathan A rally sparked by Donald Trump’s surprise victory in the U.S. presidential election, that also powered the Dow to a record high, sputtered on Friday as energy and healthcare stocks came under pressure. Investors scrambled to adjust their portfolios to benefit from Trump’s plans to…
Adam Sarhan Reuters Quote: GLOBAL MARKETS-Shares, euro rally after U.S. manufacturing data
Mon Oct 1, 2012 10:19am EDT * Major stock indexes rise at start of quarter * Spanish bank audit seen clearing the way for bailout * U.S. manufacturing unexpectedly expands in September By Wanfeng Zhou NEW YORK, Oct 1 (Reuters) – Stocks in major markets rose at the start of a new quarter after a…
Adam Sarhan Reuters Quote: Hedge funds miss early shot at big commodity rally
By Barani Krishnan Fri Jun 29, 2012 8:37pm EDT (Reuters) – Hedge funds largely missed an early opportunity to profit from the biggest commodities rally of 2012 as they barely raised their investments in the sector in the week before the run-up, except in agriculture, data on Friday showed. Crude oil prices jumped 9 percent…
Adam Sarhan Reuters Quote: Hedge funds' bullish commodity bets near 6-month peak after Fed
TOP NEWS Hedge funds’ bullish commodity bets near 6-month peak after Fed Sat, Jul 20 00:00 AM BST * Managed money net longs breach $76 bln, most since early Feb * Wagers on U.S. crude oil at record highs * Hedge fund bets also growing for a rebound in gold By Barani Krishnan NEW YORK,…