It’s about to get aggressive for gold, in terms of immediate and exciting upside. There’s little to no resistance above. The word that keeps coming to mind, is: truculent. We remain confident buyers of Gold. $GLD $GDX pic.twitter.com/3tGRWpNp7M — Carter Braxton Worth (@CarterBWorth) June 24, 2020 Today’s Chart of the Day was shared on Twitter […]
4 Charts on Why Carter Worth is Bullish Gold
Carter Worth, Chief Market Technician at CNBC, was on Fast Monday Friday afternoon discussing Gold. Carter previously mentioned a bullish trade in Gold back in December, which proved right. Yesterday he was back to give the crew an update on his thoughts. Carter notes Commodities, especially in recent years, have traded much worse than imagination […]
Carter Worth’s Technical Outlook on Amazon Before Earnings
Carter Worth, Chief Market Technician at CNBC, appeared on Options Action this past Monday as part of a segment discussing the big tech earnings for the week of January 28th. These names included Apple, Amazon, Facebook, and Microsoft. Of these four names, Carter went to the big screen to give his technical take on Amazon […]
Trouble Ahead for Financials?
The Financial sector is the third largest sector in the S&P 500 and its components are vital to the health of the US economy. Lately, there have been some top technical analysts warning about the bearish charts within the Financials. JC Parets is a CMT and founder of All Star Charts, a technical analysis research […]
The 3 Charts Concerning Carter Worth
The S&P currently sits about 16.5% off its all-time closing high made back in October 2018. Stocks have already seen significant technical damage lately that has a lot of market participants wondering if the worst is over or are stocks in for more pain? In highly uncertain market environments like the one that we’re currently […]