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Will The Fed Hike Interest Rates Tomorrow?
Tuesday, June 16, 2015 - 4:24pm | 502On Wednesday afternoon at 2 p.m., the Federal Open Market Committee, a subgroup of the Federal Reserve, will release its economic projections for the next two years. The figures will include expected growth and inflation rates. In addition, the Fed will issue an official statement and address...
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What Retail Sales Say About Interest Rates
Thursday, June 11, 2015 - 4:35pm | 579The U.S. Census Bureau released its monthly retail sales figures this morning. Retail sales were up 1.2 percent month-over-month in May, only slightly higher than consensus expectations of a 1.1 percent increase. Retail sales excluding gasoline and automobiles were up 0.7 percent. As with every...
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3 Experts Weigh In Before Retail Sales Report
Wednesday, June 10, 2015 - 4:48pm | 603The U.S. Census Bureau will release its inflation-adjusted retail sales figures for the month of May tomorrow at 8:30 a.m. ET. Forecasts expect a 1.1 percent increase month-over-month. In April, retail sales were flat. Retail sales are considered the foremost indicator of consumer spending, which...
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3 Experts Follow Up On May Jobs Report
Friday, June 5, 2015 - 1:13pm | 623The U.S. Bureau of Labor Statistics released its monthly employment report on Friday morning. Total nonfarm employment increased by 280,000 in May, beating expectations of about 225,000. The unemployment rate was 5.5 percent, which was 0.1 percent higher than predicted. Other notable data...
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Friday's Jobs Report: What Experts Are Saying Ahead Of The Release
Thursday, June 4, 2015 - 5:15pm | 790The U.S. Bureau of Labor Statistics will release its unemployment figures for the month of May on Friday at 8:30 a.m. EST. Consensus expectations are that the unemployment rate will remain at 5.4 percent, which is what it was after April, and that the U.S. will gain a net of approximately 225,000...
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Sarhan Capital CEO On When To Get Into U.S. Steel
Thursday, June 4, 2015 - 10:43am | 316Adam Sarhan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Adam Sarhan is the CEO of Sarhan Capital, an investment and advisory firm that offers a suite of services to both institutional and individual investors. Sarhan discussed the...
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3 Experts Weigh In On Oil Inventories
Wednesday, June 3, 2015 - 2:11pm | 732The U.S. Energy Information Administration released its weekly Petroleum Status Report Wednesday morning. The institute reported a decrease in crude oil inventories of 1.9 million barrels for the week ending May 29, versus expectations of a draw of 1.7 million. Still, at 477.4 million barrels,...
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Sarhan Is A Fan Of Tesla As Long As It Stays Above This Level
Thursday, May 7, 2015 - 3:40pm | 243Adam Sarhan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Sarhan Capital Founder and CEO Adam Sarhan discussed Tesla Motors Inc (NASDAQ: TSLA) on the show. “I’m a Tesla fan in the near term as long as the stock...
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What Investors Want To See In Whole Foods Market
Thursday, May 7, 2015 - 2:21pm | 249Adam Sarhan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Sarhan Capital Founder and CEO Adam Sarhan discussed Whole Foods Market, Inc. (NASDAQ: WFM) on the show. Sarhan noted how the stock was falling in the pre-market while...
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Adam Sarhan: Amgen Shares To Go Higher Following Q1 Results
Tuesday, April 21, 2015 - 2:29pm | 304Adam Sarhan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Amgen, Inc. (NASDAQ: AMGN) shares are likely to go higher after the company posts earnings Tuesday, Adam Sarhan, chief executive of Sarhan Capital told Benzinga. "...
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Pro Explains Why Alcoa And Other Q1 Earnings Might Be Weak
Monday, April 6, 2015 - 3:43pm | 301Adam Sarhan is a monthly guest on Benzinga's #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Alcoa Sarhan Capital CEO Adam Sarhan discussed Alcoa Inc (NYSE: AA) earnings on the show. Sarhan expected that Q1 earnings for Alcoa would be soft...
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Adam Sarhan On Why Sarhan Capital Is No Longer Short Oil
Wednesday, April 1, 2015 - 5:15pm | 224Adam Sarhan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Sarhan Capital CEO Adam Sarhan discussed crude oil prices on the show. Sarhan said the firm covered its short positions approximately two weeks ago and was no longer...
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Why Sarhan Capital's CEO Thinks Twitter And Social Media Can Go Higher
Wednesday, April 1, 2015 - 12:34pm | 274Adam Sarhan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Sarhan Capital CEO Adam Sarhan was bullish on Twitter Inc (NYSE: TWTR) and social media. Sarhan noted that social media did not exist a few years ago and that it "...
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Top 5 Trading Ideas Of The Week
Friday, March 13, 2015 - 6:38pm | 339Among the trading ideas this week, there were five that stood out: 1. Apple Inc (NASDAQ: AAPL) is more of a luxury stock than a tech stock, and should be viewed as such, said Kristin Bentz, President at Talented Blonde, LLC. His opinion piece, titled 50 Shades of Meh., mentioned that the Apple...
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Sarhan Capital CEO Calls Lumber Liquidators A 'Broken Stock'
Wednesday, March 11, 2015 - 5:21pm | 299Speaking to Benzinga, Sarhan Capital CEO Adam Sarhan discussed Lumber Liquidators Holdings Inc (NYSE: LL) ahead of its Thursday conference call. Sarhan said that Lumber Liquidators "is a broken stock" and that it was "extremely important for investors to remain cognizant of the...