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Sarhan in CNBC: Stocks try for gains as oil reverses
Wed 3.2.16 U.S. stocks tried for gains on Wednesday after their best start to a month in just over three years. Oil and data remained in focus ahead of Friday’s jobs report. WTI turned higher to hit $35.17, its highest since Jan. 6 and stocks came off session lows to briefly trade higher. The weekly…
Adam Sarhan Quoted In MarketWatch.com: U.S. stocks tumble on surprise drop in retail sales
Published: Jan 14, 2015 10:13 a.m. ET Retail sales drop in December; Copper plunges on World Bank view NEW YORK (MarketWatch) — The U.S. stock market fell sharply on Wednesday, extending declines to four consecutive days, after surprisingly weak December retail sales cast a shadow on the pace of economic growth. Disappointing results from banking…
Reuters Quote: US STOCKS – Wall St to open up ahead of Apple Earnings, Fed meeting later this week
* Apple shares up ahead of results * Applied Materials falls after merger called off * Futures up: Dow 53 pts, S&P 4.75 pts, Nasdaq 16 pts (Adds details, comment, updates prices) By Tanya Agrawal April 27 (Reuters) – U.S. stock index futures pointed to a modestly higher open on Monday after the Nasdaq and…
TheStreet.com Interview: Central Bank Put is Alive and Well, Fundamentally Companies Are Stronger
Published on Mar 2, 2015 All the major indices are in the green and approaching new all-time highs in 2015. Adam Sarhan, CEO of Sarhan Capital, tells TheStreet’s Jill Malandrino he is still a buyer in the market, even at these levels. Sarhan would buy on any dips as the Central Bank Put is alive…
Adam Sarhan Media Quote: Crude Oil
NEW YORK: 2.10.12 US crude oil futures ended a volatile week higher with prices looking like they would aim for a key upside target, but instead pulled back on Friday to the middle of their three-month range, while still setting up for a future advance. After three consecutive higher settlements, and many gyrations over the…
Reuters Quote: Metals- Copper Ends Off As Econ Worries Trump Supply Woes
“Demand seems to be the most important side of the equation for all
capital markets right now due to the fact that you have several concurrent
themes that could drastically cut demand,” said Adam Sarhan, chief
executive of Sarhan Capital.
“If the debt situation is resolved swiftly and there is no demand
destruction in the ramifications of the debt situation, then the focus is
going to shift back to the supply side of the equation, and the strike will
re-emerge as a leading force to drive copper prices.”
