For one top technician, there are only two names that matter to the market right now: Apple and biotech.”The correlation between Apple and biotech is outstanding,” technical analyst Carter Worth said Friday on CNBC’s “Options Action.” In what he’s dubbing the “king and queen” of the market, Worth said, “The way the two act, you’d think nothing else in the […]
Carter Worth calls the S&P’s year
Stocks bounce back as the S&P turns positive for the year. The technical take on stocks, with Sterne Agee Chief Technician Carter Worth, CNBC’s Jackie DeAngelis and the Futures Now Traders, Jim Iuorio and Jeff Kilburg, both at the CME.
The S&P 500 passed the first five days of the year with a gain, but just […]
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US stocks rise on upbeat 'Cyber Monday' sales
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Brett Brown’s emphasis on physical fitness is already paying dividends. – Howard Smith-USA TODAY SportsWe take a look inside the NBA statistical database to explore why an old Sixers’ slogan is more appropriate now than it was when it first debuted six years ago.Prior to the start of last season, Philadelphia 76ers’ head coach Brett Brown and his staff created customized […]
In all years going back to 1927, the S&P has risen 57 out of 86 times, for a 66 percent positive record. But if the first five trading days of the year are positive, then the probability of a positive year rises from 64 percent to 77 percent, according to Oppenheimer’s chief market technician, Carter Worth. On […]
