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Reuters Quote: Palladium's "golden cross" signals near-term gains
TECHNICAL-Palladium’s “golden cross” signals near-term gains 3:17pm EST * Palladium up 3 pct in 2013, lone gainer in precious metals * “Cross” seen bullish on prices in next 3-6 months -analyst * Open interest in U.S. futures near 1-1/2 year high * Has met strong resistance at $780 six times in 2013 By Frank Tang NEW…
Adam Sarhan Reuters Quote: S&P 500, Dow fall as energy sinks; Nasdaq up after deal news
BY CAROLINE VALETKEVITCH NEW YORK Thu Feb 26, 2015 3:00pm EST (Reuters) – The Dow and S&P 500 slipped in afternoon trading on Thursday as energy shares tumbled with oil prices, while the Nasdaq advanced after deal news in the technology sector. Energy shares led declines in the S&P 500 and Dow, with the S&P…
Adam Sarhan Reuters Quote: Gold gains as investors bet on continued Fed stimulus
PRECIOUS-Gold gains as investors bet on continued Fed stimulus Mon, Oct 28 14:23 PM EDT * Dollar index steadies ahead of Fed meeting * Gains seen likely if Fed delays stimulus tapering * Platinum up 1.7 pct on South African strike (Updates prices) By Marina Lopes and Clara Denina NEW YORK/LONDON, Oct 28 (Reuters) –…
Adam Sarhan WSJ Quote: U.S. Stock Futures Higher
U.S. Stock Futures Higher Reports Due on Jobless Claims, Home Sales Updated September 26, 2013, 8:22 a.m. ET By TOMI KILGORE NEW YORK—U.S. stock futures nudged higher as the market attempted to stabilize after a recent string of losses. About 90 minutes ahead of the open, Dow Jones Industrial Average futures advanced 18 points,…
Reuters: Gold flat as safe haven fades on Wall St Rally
By Frank Tang NEW YORK | Mon Aug 2, 2010 4:01pm EDT NEW YORK (Reuters) – Gold was largely flat on Monday after an initial rally fizzled, as solid gains in equity markets driven by strong economic sentiment took a toll on the metal’s safe-haven appeal. Silver and platinum group metals rose sharply on better…
Adam Sarhan Reuters Quote: Portugal bank worry drives gold to 3-1/2 mth high; more upside seen
10-Jul-2014 17:44 Bullion hits March high on worries of Europe contagion India leaves gold import duty at record high (Updates with trader’s comment on more upside for gold) By Barani Krishnan and Clara Denina NEW YORK/LONDON, July 10 (Reuters) – Gold surged to 3-1/2 month highs on safe-haven buying on Thursday after questions raised about…