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Adam Sarhan Gold Quote: The Economic Times
NEW YORK: Gold’s 20-day moving average falling below its 200-day and its brief foray into a bear market suggest momentum has turned bearish and a further pullback could be on its way. Bullion’s 20-day moving average (DMA) dipped below its 200 DMA on Thursday, in what technical analysts termed a “death cross,” as short-term momentum…
Tuesday Stock Market Review- Sarhan in CNBC: Stocks rise, led higher by materials; Nasdaq hits record high
Tuesday, August 23, 2016 4pm EST U.S. stocks traded higher on Tuesday, with materials gaining about 1 percent, as investors looked ahead to Federal Reserve Chair Janet Yellen‘s speech at the end of the week. “I think we’re transitioning from an interest-rate-driven market … to an earnings-driven market,” said Jeffrey Saut, chief investment strategist at…
Adam Sarhan Reuters Quote: METALS-Copper crumbles amid Chinese demand doubts
Wed Mar 30, 2011 3:20pm EDT * Copper sinks as Chinese demand worries mount * Copper stocks in China, LME warehouses in the spotlight * U.S. copper runs into technical support at 100-day MA * Coming up; Chinese manufacturing data Friday (Recasts, updates with U.S. copper closing, adds graphic, analyst comments and NEW YORK dateline/byline)…
Adam Sarhan Reuters Quote: Commodity traders more cautious than optimistic on QE3
By Barani Krishnan Thu Sep 13, 2012 8:04pm EDT (Reuters) – For commodity markets, the third iteration of U.S. central bank stimulus may play like many movie sequels — a familiar plot, a predictable rise, yet less potent than the original. But the Federal Reserve has introduced a new twist on its latest round of…
Adam Sarhan MarketWatch Quote: Stock futures flat; ECB, GDP and Twitter on tap
Nov. 7, 2013, 6:34 a.m. EST By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) — Stock futures were marginally lower on Thursday as investors took to the sidelines ahead of the European Central Bank meeting and the release of U.S. GDP growth data. On the corporate front, all eyes will be on Twitter Inc.’s debut on the New York Stock Exchange,…
