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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…
Latest Media Quote: (Reuters) Early US Copper Sinks…
Early US copper sinks on slower manufacturing data.
Sarhan on CNBC: Stocks close mixed amid oil slide
Monday, March 14, 2016 4pm EST U.S. stocks closed mixed in low volume trade Monday, mostly shaking off a decline in oil prices ahead of the Federal Reserve’s meeting later in the week. “Today’s pretty much of a day where people shore up their positions ahead of the meeting,” said JJ Kinahan, chief strategist at…
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…
Reuters: Amazon shares plunge as record profit still misses estimates
Technology | Fri Jan 29, 2016 1:02am EST Amazon.com Inc posted its most profitable quarter ever on Thursday but the world’s No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. The results, as well as the company’s determination to…
Adam Sarhan Reuters Quote: Futures higher as focus shifts to Fed
By Angela Moon NEW YORK | Wed Mar 20, 2013 8:31am EDT (Reuters) – Stock index futures rose on Wednesday as the focus shifted from concerns about Cyprus’s financial health to the statement from the Federal Reserve’s policy committee and news conference by Chairman Ben Bernanke later in the day. The Federal Reserve looks set to sustain its $85…
