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Adam Sarhan Reuters Quote: Gold down 2 percent after strong U.S. nonfarm payrolls
By Frank Tang NEW YORK | Fri Nov 2, 2012 1:18pm EDT (Reuters) – Gold slid 2 percent in heavy trade on Friday, breaking below $1,690 an ounce for the first time in about two months as an encouraging U.S. nonfarm payrolls report lowered expectations for economic stimulus provided by global central banks. Bullion hit a two-month…
Reuters: Wall St. falls as commodities weigh
Thursday 11.12.15 11:45pm U.S. stocks were lower on Thursday as a fall in commodity prices weighed on energy and materials stocks and investors studied comments by several Federal Reserve policymakers for clues on a widely-expected interest rate hike next month. The selloff was broad based, with all 10 major S&P sectors in the red, and…
Friday Recap: Adam in CNBC: Stocks gyrate as energy falls 1.5%, but on track for best weekly gains of 2016
Friday, November 11, 2016 U.S. equities traded mostly lower on Friday as the post-U.S. election rally took a breather, with the three major indexes poised to record their best weekly gains of the year. The Dow Jones industrial average opened slightly lower but briefly broke above the flatline, with Walt Disney contributing the most gains…
Wednesday's Recap: Adam In CNBC: Stocks close mostly higher after Fed's Beige Book; earnings beat, energy leads
Wednesday, October 19, 2016 2:35pm EST Stocks closed mostly higher on Wednesday, helped by better-than-expected earnings and rising oil prices, following the release of key economic data from the Federal Reserve. The Dow Jones industrial average rose about 40 points, with Goldman Sachs contributing the most gains. The S&P 500 gained 0.2 percent, with energy…
Adam Sarhan MarketWatch.com Quote: 8 reasons the selloff could get much worse
8 reasons the selloff could get much worse November 8, 2012, 11:22 AM As if investors don’t have enough to worry about with the fiscal cliff, scary technical indicators are coming out of the closet. Adam Sarhan, founder and chief executive officer of New York-based Sarhan Capital, said that over the past eight weeks, U.S. stock markets…
Benzinga Quote: Expert Roundtable: Is The Fed Just 'Kicking The Can Down The Road'?
Benzinga June 18, 2015 10:20am The Federal Open Market Commission released its updated economic projections for the next two years on Wednesday, slashing GDP forecasts for 2015, while showing a mildly hawkish medium-to-long-term outlook on the economy. Meanwhile, the Federal Reserve announced that it would keep interest rates near zero for the time being, although it…
