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Carter Worth And Mike Khouw's GDX Trade
Sunday, August 22, 2021 - 5:23pm | 180Read More...Carter Worth of Cornerstone Macro spoke on CNBC's "Options Action" about gold. He said the precious metal bounced off three times from its support at $1,677, forming a triple bottom pattern. Worth has also noticed gold's relative performance to copper has started to improve,...
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Carter Worth And Mike Khouw's Lowe's Companies Trade
Monday, August 16, 2021 - 7:58am | 201Read More...Mike Khouw and Carter Worth teamed up on CNBC's "Options Action" to give the viewers a bearish options trade in Lowe's Companies Inc (NYSE: LOW). Worth noticed the stock has managed to make new highs since October 2020, but it failed to make relative highs to the S&P 500....
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'Fast Money' Picks For August 16
Monday, August 16, 2021 - 7:54am | 170Read More...On CNBC's "Fast Money Final Trade," Steve Grasso said active customers in Chewy Inc (NYSE: CHWY) are increasing, which means revenues are increasing. He is a buyer of the stock. Bonawyn Eison wouldn't buy Uber Technologies Inc (NYSE: UBER). He advised viewers not to catch a...
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Carter Worth And Mike Khouw's XBI Trade
Sunday, August 8, 2021 - 10:35am | 179Read More...On CNBC's "Options Action," Carter Worth of Cornerstone Macro said SPDR S&P Biotech ETF (NYSE: XBI) has a bounce potential, having sold off to support. XBI is an equal-weighted ETF and it is currently lagging iShares Biotechnology ETF (NASDAQ: IBB), which is a market-cap-weighted...
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'Fast Money' Picks For August 9
Sunday, August 8, 2021 - 9:33am | 133Read More...On CNBC's "Fast Money Final Trade," Steve Grasso said he thinks investors misheard what Trinseo S.A. (NYSE: TSE) had reported. He is a buyer of the stock. Carter Worth would be a buyer of weakness in gold. Bonawyn Eison said Peloton Interactive Inc (NASDAQ: PTON) looks little weak. He...
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Carter Worth And Mike Khouw's Amgen Trade
Sunday, August 1, 2021 - 10:32am | 247Read More...Carter Worth and Mike Khouw teamed up on CNBC's "Options Action" to give the viewers a bearish trade in Amgen, Inc. (NASDAQ: AMGN) ahead of earnings. Worth analyzed the stock from a technical standpoint and he concluded the stock doesn't act well. In the last week, Health Care...
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Mike Khouw's Moderna Trade
Sunday, July 18, 2021 - 10:36am | 164Read More...On CNBC's "Options Action," Mike Khouw said Moderna Inc (NASDAQ: MRNA) looks to him a bit extended so he suggested an options strategy to make a bearish bet on the name. To mitigate high options prices caused by high near-term implied volatility, Khouw wants to buy the October $...
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Carter Worth And Mike Khouw's Fastenal Trade
Sunday, July 11, 2021 - 4:43pm | 260Read More...On CNBC's "Options Action," Carter Worth said the Wall Street analysts do not like Fastenal Company (NASDAQ: FAST). Of the 16 analysts that cover it, only three have it as a buy. The company is going to report earnings on July 13 and Worth expects it to do well, so he is a buyer...
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Carter Worth And Mike Khouw's QQQ Hedge
Monday, July 5, 2021 - 7:16am | 191Read More...On CNBC's "Options Action," Carter Worth said that Invesco QQQ Trust Series 1 (NASDAQ: QQQ) is up seven weeks in a row and it reached its all-time high last week. The pattern has happened only 17 times before the last week and after such a run, QQQ's average move was 0.89%...
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Carter Worth And Mike Khouw's Amazon Options Trade
Monday, June 21, 2021 - 8:10am | 155Read More...Carter Worth shared with the viewers of CNBC's "Options Action" a bullish technical analysis of Amazon.com, Inc. (NASDAQ: AMZN). The stock traded sharply higher in 2020 and then it consolidated for the last 10 months. Worth sees this as a setup for a breakout and his belief that it...
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Carter Worth And Mike Khouw's Bearish Trade On XLF
Monday, June 21, 2021 - 8:08am | 181Read More...On CNBC's "Options Action," Carter Worth spoke about Financial Select Sector SPDR Fund (NYSE: XLF). The ETF has broken below its uptrend line recently and it looks to Worth like it is going back to its pre-pandemic highs, before the plunge. He's also concerned about XLF's...
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Carter Worth And Mike Khouw's Adobe Trade
Saturday, June 12, 2021 - 3:30pm | 175Read More...On CNBC's "Options Action," Carter Worth said he thinks Adobe Inc (NASDAQ: ADBE) is solid and strong. The stock has returned where it was almost a year ago and it has just started to show relative outperformance to the S&P 500. Worth noticed several technical patterns that suggest...
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Carter Worth And Mike Khouw's Silver Trade
Sunday, June 6, 2021 - 11:24am | 160Read More...On CNBC's "Options Action," Carter Worth spoke about iShares Silver Trust (NYSE: SLV). He likes the ETF a lot and he sees a lot of upside potential ahead. SLV is trading close to its resistance and Worth expects it to break out to the upside. Mike Khouw suggested a bullish options...
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Why Carter Worth Is Worried Bitcoin Could Crash
Saturday, May 29, 2021 - 11:35am | 144Read More...On CNBC's "Fast Money," Carter Worth of Cornerstone Macro spoke about potential risks in Bitcoin (CRYPTO: BTC) and said an important head-and-shoulders reversal pattern is forming. Bitcoin reached its highs in April and has dropped 53% since then, right to a trendline. It...
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Carter Worth And Mike Khouw's Costco Options Trade
Sunday, May 23, 2021 - 8:05am | 262Read More...On CNBC's "Options Action," Carter Worth said Costco Wholesale Corporation (NASDAQ: COST) is going to pop up on earnings. The company is going to report earnings on Thursday and the stock is trading close to its December highs. Worth analyzed Costco from a technical standpoint and...
