Carter Worth

On CNBC's "Options Action," Carter Worth gave a bearish view on Caterpillar Inc. (NYSE: CAT). He said that the industrial stocks are very correlated and he showed several industrial names that broke its up-trend line. Only Caterpillar is trading above its trend line, and Worth believes that it is...

On CNBC's "Options Action", Carter Worth spoke about Financial Select Sector SPDR Fund (NYSE: XLF). He thinks the stock is about to break out on the upside. Worth explained that the stock hasn't moved much since March and the rest of the market traded higher. This could be an...

Carter Worth of Cornerstone Macro shared with the viewers of CNBC's "Fast Money" his stock picks ahead of earnings. He's bullish on Abbott Laboratories (NYSE: ABT) because he noticed a head and shoulders bottom formation. He thinks the stock might move back to $52 and he wants to...

Carter Worth shared with the viewers of CNBC's "Options Action" his technical analysis of Energy Select Sector SPDR (ETF) (NYSE: XLE). He believes the stock is ready to bounce after a long period of downtrend. Worth showed that although the stock reached its new lows recently, it...

Speaking on CNBC, Carter Worth of Cornerstone Macro said it might be time to get a long position in Tesla Inc (NASDAQ: TSLA). On June 16, he shared his bearish trading idea in the name, but now he thinks the correction is over and he believes the stock is ready to move higher. See Also: Oppenheimer...

Carter Worth spoke on CNBC's "Options Action" about PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQ). He said that PowerShares QQQ Trust, Series 1 (ETF) outperformed the S&P 500 significantly since 2008. Worth also noticed that the stock has recently broke out of its uptrend...

Carter Worth spoke on CNBC's "Options Action" about Starbucks Corporation (NASDAQ: SBUX). He thinks that the stock is going to move higher after the recent pull back. Worth explained that Starbucks jumped 20 percent in the period from March to early June, but then it pulled back 10...

On CNBC's "Options Action", Carter Worth spoke about 3M Co (NYSE: MMM). He thinks the stock has moved too much, too fast and he wants to take profits or initiate a short position in the name. Worth explained that the stock had a sharp breakout on the upside and after such breakouts...

On CNBC's "Fast Money", Carter Worth shared his bullish view on the health care sector. He said that the sector is finally reaching new highs, after two years of weak performance and he thinks that it's going to trade even higher. Worth compared the performance of Health Care SPDR...

Carter Worth said on CNBC's "Options Action" that he would take profits in Tesla Inc (NASDAQ: TSLA) after the recent rally. He believes there's going to be a pullback in the name and he would even consider shorting the stock. Mike Khouw believes the best way to take a short...

Carter Worth shared with the viewers of CNBC's "Options Action" his technical analysis of Oracle Corporation (NYSE: ORCL). He said the stock has underperformed the S&P 500 and he thinks that it's going to catch up with the index. The stock is trading close to its all-time high...

On CNBC's "Options Action", Carter Worth shared with the viewers his technical analysis of iShares Russell 2000 Index (ETF) (NYSE: IWM). He said the stock had a long period of consolidation and he believes it could break out on the upside. He thinks it would be a good idea to get a...

Carter Worth spoke on CNBC's "Options Action" about Amgen, Inc. (NASDAQ: AMGN). He said the stock has been by far the best performing stock in the market in the last 30 years and he thinks it has more room on the upside. In the last two years, Amgen has been in a consolidation period...

Carter Worth analyzed on CNBC's "Options Action" the recent break out in McDonald's Corporation (NYSE: MCD). He identified the inverse head and shoulders pattern on the three-year chart and he concluded that the measured move higher for the stock is $150. He calculated that...