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Sarhan In @CNBC: Stocks Slip As Oil Falls; Energy Sheds 1.5%
Stocks fell on Wednesday as the recent rally in equities eased and investors digested falling oil prices, as well as quarterly results from retail firms. “It looks like a normal, healthy pullback,” said Adam Sarhan, CEO at Sarhan Capital. “Even under the surface, … we see orderly selling.” “At this point in time, investors are…
CNBC Fast Money Quote: Did Gold Bubble Just Pop?
“On the charts, gold has breached below two important support levels, namely its 50-day average at $1,382 and – as we mentioned above – its December lows at the $1,360s, explains Adam Sarhan, chief executive of New York-based Sarhan Capital in a Reuters interview.
“At this stage of the game, gold is at a very important inflection point,” Sarhan says.”Adam in @MarketWatch: These signs will mark the bottom for the stock market
Published: Jan 22, 2016 5:13 p.m. They’ll be crystal clear only in hindsight. After getting off to the worst start to a new calendar year in history, U.S. stocks on Friday finally posted the first winning week of 2016. So did stocks bottom or is this just a bounce within a bigger pullback that could…
FoxBusiness: Coffee, Cocoa, Orange Juice Futures Rally on Demand Hopes
Coffee, Cocoa, Orange Juice Futures Rally on Demand Hopes By Amrith Ramkumar Published January 22, 2018 Dow Jones Newswires Several soft commodities rallied with energy products and metals Monday as the dollar fell following the International Monetary Fund’s upward revision to its global growth forecasts for 2018 and 2019. Arabica coffee for March delivery climbed 1.1% to…
Reuters Quote: Markets U.S. Stocks Snap Losing Streak But Oil And Bonds Decline
Wednesday, August 26, 2015 Wall Street rebounded sharply on Wednesday after six straight days of large declines caused by China worries, while long-dated bond prices fell after a top Federal Reserve official scaled back expectations of a September rate increase. The dollar rebounded for a second straight session as firmer U.S. stocks and a recouping…
Sarhan in Bloomberg: Penny Cheapest in 7 Years as Zinc Rout Benefiting U.S. Taxpayers
Joe Deaux JoeDeaux February 3, 2016 — 5:13 PM ESTUpdated on February 4, 2016 — 10:38 AM EST Share on FacebookShare on Twitter Mint spent 1.43 cents to make each coin last year, down 14% The last time a penny cost 1 cent to make was 11 years ago A penny just got a…
