Carter Worth - Cornerstone Macro


Last quote by Carter Worth

All you can do this week is get right back to the scene of the crime. It's not random, and it's stuck. The question is, is this some great opportunity? It's just a rebound in an ongoing
share this quote
May 15 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Carter Worth is associated, including CCL and Google. Most recently, Carter Worth has been quoted saying: “The question is, did anything really change? Is crude just like every other time over the past year, just rebounding after a big sell-off? I really do think that's what it is. [It's a] disaster. We know the [energy] sector over the last 5 years bounced off the low, it's a big move up, and the reality is it's making new 13-year lows [relative] to the market. It is a well-defined trend [downward] … I want to be underweight energy. I want to be short energy.” in the article Don’t trust crude’s bounce - the chart is still a disaster: Technician.
Automatically powered by Storyzy
Take our quote verification challenge and find out !

Carter Worth quotes

This spread has only happened two other times since 1990, and usually it's quite right to bet for convergence. I think you want to be contrarian here and buy health

That's exactly $14.50 – $14.50 is half of $29. So that is a 50 percent retracement. It's not random that it stopped exactly there and bounced

I'm going to make the bet that the bounce is going to continue. I'm going to be long

To me, this looks like [Apple is] going to move

It means that after all this steepness, we're not actually still making relative highs on the market on a one-year

Typically after a move like this, you get follow-through, Closing

If the market is in trouble, even as bad as [utilities stocks] have been, they're likely to offer alpha and

That's where the future is. [Drilling wells are] where people make 18-month decisions or two-year

Home Depot is so far above other consumer discretionaries. You have long-term outperformance, and now more recent underperformance. Not a good

You have a stock that attempted to make new highs and yet [is now] underperforming

So you could draw your lines anyway you want. You have a break in trend, and I don't think this is quite finished

I think we're going lower, and crude looks to my eyes like it's heading back to $

Well, guess what happens this time? We're having literally a perfect

We had what would be called an outside reversal day where the high and the low were higher and lower than the proceeding day, and then we close poorly. That is often the beginning of something, a negative on a day-to-day, week-to-week

In a world where things are bought and sold and rotation is the issue, not so much valuation, this is a little bit of a spread that maybe suggests Facebook is going to go the way of Microsoft and

No quotes...
More Carter Worth quotes
|< <
> >|

Quotes by Carter Worth

This webpage has been created by a robot: errors and absent quotes cannot be totally avoided

Quote :

Mistake :

Comments :