Carter Worth

On CNBC's "Options Action," Carter Worth said he expects more weakness to come for the U.S. dollar. He is bearish because the U.S. Dollar Index broke its long-term uptrend and failed to trade above it. Worth sees a potential move to $23 in Invesco DB US Dollar Index Bullish Fund (NYSE...

On CNBC's "Options Action," Carter Worth spoke about Consumer Staples Select Sector SPDR Fund (NYSE: XLP). It has been a very bad performer relative to the market, but it is starting to base and actually outperform the S&P 500, said Worth. He noticed a double bottom pattern and a...

Carter Worth of Cornerstone Macro spoke on CNBC's "Fast Money" about stocks he would buy in May. CVS Health Corp (NYSE: CVS) is sitting right at the level from which it crashed before the pandemic, said Worth. He sees that as an opportunity because the stock is unchanged and it is...

On CNBC's "Options Action," Carter Worth and Mike Khouw spoke about Estée Lauder Companies (NYSE: EL). Worth analyzed the stock from the technical standpoint and he said the stock is in an uptrend. He has also noticed it's just now breaking out above its relative...

On CNBC's "Options Action," Carter Worth shared with the viewers his bullish technical analysis of Netflix (NASDAQ: NFLX). He said the stock jumped 128% from its 2019 lows, but in the last six months has been trading sideways. He expects the stock to break out from the range...

On CNBC's "Options Action," Mike Khouw spoke about a bullish options trade in VIX futures. He said the VIX and S&P 500 are "anti-correlated" as one goes down when the other goes up. So when you make a bullish bet on VIX, you are betting that the S&P 500 is going to...

Mike Khouw spoke on CNBC's "Options Action" about United Parcel Service (NYSE: UPS). He said it is trading at a relative discount to the market because margins in the B2C business are not as good as they are in the B2B business. People are also looking beyond the pandemic and are...

Carter Worth of Cornerstone Macro said on CNBC's "Options Action" that he is a buyer of 3M Co (NYSE: MMM). Since the March 2020 lows, the stock underperformed the Industrial Select Sector SPDR Fund (NYSE: XLI), but Worth noticed a bearish to bullish reversal and a reversed head...

Carter Worth of Cornerstone Macro shared with the viewers of CNBC's "Options Action" his bullish technical analysis of Microsoft Corporation (NASDAQ: MSFT). He said the stock has underperformed Invesco QQQ Trust Series 1 (NASDAQ: QQQ) recently, but its relative performance line has...

Carter Worth and Mike Khouw shared with the viewers of CNBC's "Options Action" their trade on SPDR S&P Regional Banking ETF (NYSE: KRE). Worth is concerned the regional banks, banks in general and brokers and dealers are ahead of themselves. The recent performance of KRE is a...

On CNBC's "Options Action," Mike Khouw spoke about options strategies investors could use for AMC Entertainment Holdings Inc (NYSE: AMC). The company is going to report earnings this week and the options market is expecting a move of around 14% in either direction. The stock normally...

Carter Worth of Cornerstone Macro spoke on CNBC's "Options Action" about SPDR S&P Metals & Mining ETF (NYSE: XME). He said industrial metals have traded significantly higher recently and he expects to see a catch-up trade in metal stocks. The U.S. Spot Raw Industrial...