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On The Tape

Chart Check on the S&P 500 with Carter Braxton Worth | MRKT Call

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 16 April 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

Dan Nathan and Carter Worth break down the top market headlines and bring you stock market trade ideas for Tuesday, April 16th. Timecodes 0:00 - S&P 500 Technicals 13:00 - JNJ & AXP Trade IDea 26:45 - SLV Update 30:30 - Yields 36:00 - XLU Update Subscribe to our daily newsletter Subscribe to MRKT Call reminders & show notes MRKT Call is brought to you by our presenting sponsor Fidelity Watch MRKT Call LIVE at 1 pm M-TH on YouTube Follow us on Twitter @MRKTCall Follow @GuyAdami on Twitter Follow @RiskReversal on Twitter Follow @CarterBWorth on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Watch all of our videos on YouTube Options Disclosure Agreement

Transcript

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0:00.0

All right. Thanks to Guy Adami for that read, who is not here, but I have a great partner in crime.

0:18.8

That would be CBW, Carter Braxton, worth of worth charting.

0:22.2

Carter, thanks for being here. Glad to be here. Where is Guy? I hope he's got. Guys, I'm just going to do

0:28.3

what he always says that he does to other people. I'm just going to dox him here. He is in Ireland,

0:32.4

and he is attending a Georgetown University event over there. It's an annual thing and it's a really cool

0:39.5

event and they honor some really important people to that community. And as you know, Carter,

0:45.7

I got lots of peeps associated with Georgetown. I have a daughter there, another one going there.

0:50.2

My wife went there. So guy and I are like, you know, two peas in a pod when it comes to

0:54.9

avoidance. And events in Ireland in April are better than ones in February. Yeah. Matter of

1:02.0

fact. Listen, you and I got a lot to do today. It's an interesting day in the market, despite the fact

1:07.5

the S&P is unchanged. It was down earlier. Some interesting sector moves.

1:12.6

We'll talk about some single names here. But let's throw up the rundown really quickly here.

1:17.0

You had a report out on we're charting yesterday talking about some gaps, but we're also going to just basically do a chart check on the S&P 500.

1:25.8

Really important name to me.

1:27.9

I mentioned it yesterday on Market Call.

1:29.9

American Express reports Friday morning.

1:32.4

I kind of want to get in front of that,

1:33.7

especially given some of the volatility that we've seen out of the Money Center banks

1:37.8

and some of their commentary in and around rates and consumer spending.

1:41.8

There's also LVH is out.

1:43.1

I don't know if you've checked that one out,

1:45.0

Carter, LVMH, luxury purveyor there, some volatility in and around that. I think some

...

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