I sat down with Carter Worth, CNBC's "Chart Master," for a value-packed Market Misbehavior Podcast episode.
Entry points are absolute. Exit points are subjective. That's the rule he lives by, and it's the reason a good entry alone doesn't protect your capital, yours or a client's.
We got into why the current tech rally might be the market "shooting the generals last," and the exact setup he waits for before selling an options strangle on his new income ETF.
Watch the full episode: https://t.co/blSMHb9jYJ
Tech back in the driver seat with the Nasdaq rising to start the week thanks to the semi rebound.
So is Tech just undergoing a factory reset? @guyadami Dan Nathan @grassosteve and @carterbworth discuss.
https://t.co/eJEedJKYJ3
It never got me a better grade on an exam, a free ride on the train, a job offer, or a date, nor should it, but I’m proud of my grandfather’s great great great grandfather - Carter Braxton - who stood up to tyranny, put his life on the line and risked everything for independence.
Today $WRTH goes ex-dividend, and the NAV will reflect that at the open. Worth Charting Options Income ETF's (WRTH) first income distribution is payable tomorrow, Tuesday, June 30th.
https://t.co/RfcwVTYMPE
Two months ago, Worth Charting Options Income ETF ($WRTH) opened for trading.
We thought you'd appreciate some "facts & figures" relating to the Fund.
While 2 months of performance is immaterial/irrelevant/altogether meaningless… we are pleased how things are going, and especially pleased that WRTH has done what it is supposed to do, has done what it is built to do, since we launched on Tuesday April 28th.
The table below is informative.
It details WRTH’s risk adjusted performance, and WRTH’s performance relative to other, income oriented and low-volatility ETFs.
XYLD (1.723 Sharpe) and WRTH (1.645 Sharpe) lead the group with WRTH posting the lowest max drawdown (-0.8%) and lowest volatility (3.6%).
https://t.co/DuH18XemnQ
https://t.co/RKcFsOlQEs
Rough day for gold, but the Chartmaster saying it might be time to play it for a bounce.
@carterbworth lays out the technicals:
https://t.co/QmRTeqCOok
Micron surges on big Q3 beat and strong Q4 guidance.
T. Rowe Price’s Tony Wang, Dan Nathan, @guyadami and @carterbworth on the company's strong gross margins and if this is the all clear for chips.
$MU
https://t.co/f1xZkzmNl4
Trouble in the charts for Financials?
The Chart Master @CarterBWorth lays out the sector technicals and why he’s a seller of $MS and $GS
https://t.co/ldNOLh4u9s
The biotech M&A race heating up and the Chartmaster @carterbworth saying it's about to lead to big gains for the sector:
$XBI
https://t.co/1HT5kHvRYD
Is $AMZN primed for big gains?
The Chart Master @CarterBWorth sees a breakout ahead in the charts. @GuyAdami, @karenfinerman and Julie Biel debate the fundamentals.
https://t.co/oS8MJkkkt6
Is the record rally back on track?
Stocks powering higher on hopes of an end to the Iran war, with tech leading the charge. @GuyAdami, @karenfinerman, @CarterBWorth and Julie Biel debate the next leg for markets.
https://t.co/iTpKmq2X6c