The Chartmaster sees trouble in the chart - Is a breakdown coming?
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- เผยแพร่เมื่อ 16 ก.ย. 2021
- Cornerstone Macro's Carter Worth on whether there could be more trouble ahead for the markets. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Karen Finerman, Jeff Mills and Pete Najarian. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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wow... they let TA like that on CNBC? I actually legit feel like a pro now.
but are you... THE CHARTMASTER???
He's more like the Fart Master ..
AMC to the Moon sucker.
Trey is The Way.
Apes Together Strong.
@@johnsmith-fk7fwYes he is. SP500 at 4357 Today
@@5minutes125 magic
This can’t end well. Keep printing. Keep spending. Keep lying …
Anything in the market can end well if you know how to play it.
Forget the charts. Go get your Tarot read
Moons baby. The Moons have right 25 out of 28 times on bitcoin in the past year. And im not even crazy or joking.
@Frederick Michael choosing to invest in Bitcoin is the best decision anyone can make. with the right approach, it works.
@Frederick Michael That’s true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and lack of experience
@Frederick Michael Investing in crypto was fun till losses came in. couldn't figure out what I was doing wrong. I Lost all my money 😔😔
@Frederick Michael That was my case. till I came across her recommendation
The chart should be logarithmic at this large scale
So he basically said we may pull back and 3 to 5 percent. Wow. How much do people get paid for that kind of nonsense.
A lot
That’s not even a bad chat
Evergrande is the black Swan
how you figure?
Nice analysis
7.5% off the spx high of 4536 is 4195 not 4365 as Carter calculated
Glad he confirmed what I was thinking. Sold 80% of my positions last week
how long you think the dip will last, til november?
office is already packed up in the background ? he gone .
Melissa Lee is so, so good at her job.
She’s the best
How so? the questions?
@mertx9 WAP??? what is that?
Don't time the market. If technical analysis is always right, everyone would be pretty rich because you could "predict" the future. Buy and hold for the long run...2 to 5 years, not weeks.
Consolidating is a good thing!
The economy is on the ropes! Everything is a bubble! The fed is destroying the dollar! Money printing causes inflation which is widening the wealth gap at an increasing rate every year! Can't wait until the everything bubble pops... It is going to be a blood bath for the greedy! Can't feel bad for the people that are going to get wrecked... A few of us have been trying to warn everyone! The writing has been on the walls for a long time!
I've haven't heard 'overvalued' in any of those comments. Why don't you guys buy some dust if you really want to rotate. But, yes, keep talking about buying, as talking about selling only kept pushing stocks higher 😁
love the technical analysis from the chart master. Some good informative information i can learn and apply. Instead of every video: is the market gonna seriously correct in a historically weak september? Inflation is out of control lets talk about it. or the worthless growth vs value argument while every talking head thinks that means low PE vs high PE as if it was ever that simple or as if they are providing any insight or valuable opinion.
As usual, trying to time the market! When will these people give up this foolish adventure? Keep buying and holding.
Buffet put it best, the purpose of market timers is to make fortune tellers look good.
These guys have rarely been consistently right.
They won't collapse it yet. We got another few months. That's as far as I can see. At least until next spring we are good
@@helix1061 Well, 2 of them said it is going down and 3 of them said it is nothing much and will continue to climb after the lull. It seems like they are both right and wrong then?
Chartmaster Carter nailed it! It hit the 100 day MA today - just hope it won’t break below.
great I was waiting for the bottom signal thanks fartmaster ;)
if they just print money, where will they put it besides stocks?
That’s actually a good chart 😂
-7.5% peak to trough given Evergrande iceberg seems way too happy talk
I just do the opposite of the chartmaster. I’m on my way to become a billionaire.
Your net worth is approximately 40,000 Bolivarian pesos.
Always wrong 🤣
Last time this guy saw bitcoin to 20k didn’t happen and when Bitcoin was 10k also missed target again
How dare you disrespect the chart master !!!
He's a fraud
If it goes above 4300 then it will go all the way to 4500 unless it retraces to 4250 which means it is breaking to downside into diamond and then it could go up 7% under it goes down 6% after which it may bounce above upside. Get it?
For lack. Yes
I knew the handlers of the stock market were going to do something about the Robinhood and app traders by getting them out with fear. This will continue till all hobby traders are out
No one can predict the Market as Peter Lynch said once
Can't predict, but the trend is your friend.
Nonsensical technical analysis
What are such interviews worth?
about 20k ;)
All you bears on here are actually a bullish sign lol, you don't even know it, the market often moves opposite sentiment
I wonder why no one talks about gold being higher today?
The philosophy of the rich and the poor is this: "the rich invest their money and spend what is left. The poor spend their money and invest what is left".
Investing in today is priceless because tomorrow isn't promised, trading Bitcoins,gold, silver and crypto secure a better tomorrow.
Interesting, most people don't understand the market moves and tend to be mislead in facts like this and always depend on Money in the Bank very bad idea.
It's nice to hear people discuss about investment, because investment always beat cash
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because I have no idea of how and where to invest in?
@@joshgroban3889
as a newbie investing in crypto will be best for you, I know of a portfolio/investment manager, Mr Jason Mike and expertist in trade investment as you don't have to under go any stress in the trades, he manages my trading.
Need a ‘laughing face’ next to the 👎
Hopefully I'm disciplined enough to buy the dip.
The EVERYTHING BUBBLE !!! Stock market ! Housing ! Food ! Health Care ! Private bank known as the FED keeps kicking the can down the road !!
Finally someone with a brain 😭. Everybody in the comments thinks everything is all dandy and good cause its at all time highs 😂😂. They are in for a major surprise
@@diamondnuttz9996 you guys mean the taper?
Isnt September notorious for being the worst month for stocks 😐
Oh they are drawing trend lines again 😂
He also said Lulu would tank at earnings. It went up @40 per share the day after earnings. Nflx he said would soar after last earnings. Nflx lost @60 per share the day after earnings. I think he is good at his job. That said, I never trust technical analysis on it’ own. I think there needs to be more taken into account than just charts.
So clear pattern that street will follow.
What did he mean, this is a chart we are ‘allowed’ to draw?!
chart master = opposite indicator of stock market
Carter for the win
I sees it too.
Chart master nailed it
Oh nonsense, the SPY bear pennant and the VIX bull pennant wedges don’t end until November!
4350 points, last month low
Carter's reading of the meanings of line heights and widths is about as rational as tea leaf reading. lmao
More like the shartmaster..
That Trendline is Trash
I'm not picking it. I'm buying, holding, and buying more if it drops. Then holding more. Let time do the rest.
Man TSLA would not budge all day
Tesla has formed a bullish hammer candle on the weekly chart after forming a golden cross. Good odds that it will reach 800 next week.
Double bottom on the daily and weekly 🚀
@@nomad2611 strong like bull
@@michaellandry7436 well said Micheal. Very well said.
This is your buy signal.
is called margin call and 500k per share to the moon
4:39 WHOOAA!! .... TWO Chart Masters today?!!
more QE incoming .. never mind a rate hike
He is always bearish but most times wrong. Eventually he will get it right some time down the road if he continues to be bearish. LOL
If he’s wrong, explain the fact that I was able to pay off my mortgage solely from the s&p 500.
No one has pants on
That’s not a diamond formation lol
“Chart master” wrong as usual
Dogecoin to the moon! 🚀
Great excitement
Has anyone done an analysis of this guy’s predictions? He’s often wrong but they still have him on all the time as if he’s a guru. A monkey throwing a dart at a chart of the S&P could produce better forecasts.
Nope, this guy helped me make over $100,000 in the S&P 500 in the past year.
There job is to mislead u
That first trend line is so awful. This guy is a joke sometimes.
왜 나쁘다는 거죠?
Fear not succees
Tea leaf reading lol
Thankyou..
I 💜 AMC & GME! I’m buying every day and it’s still a once in a lifetime opportunity. Buy and HOLD! At some point it will MOASS!
Makes sense "invest" in companies that have dying business models and convince other simpletons to do the same! What happens when you run out of simpletons? This is called a Ponzi scheme genius! Sad that many of you are college educated idiots!
Shard master ?
Fart Master💨
Finally
Where are we now they said f@## i said
buy buy buy
Carter presenting the charter...😶
Naked shorts,yeah
1share of the Dow= 1 once of gold
5 years from now: 1 share of Dow = 2 oz gold = 0.1 bitcoin
Utter rubbish.. no one knows where market will go.
“No one can predict the stock market” Peter Lynch
CBN FUD
Mmmmm hamburgerrrrr
chart master!! has been wrong 😕 so many times!
Fart Master!💨
AMC STOCK WILL BE THE MOTHER OF ALL SQUEEZES.... DON'T MISS OUT ... BUY AND HOLD
TAPER+TAX INCREASE ITS POSSIBLE
Chart master needs to invest in a Crystal ball !!
i always wonder when Karen et al say "I have a big position in XXX..." what is big to them? 100k, 500k, 1M, or higher???
There's the nervous rub of the eyebrow and.. what IMPECCABLE timing Dr Fauci!!!
I’ve lost too much money listening to Carter. Now I just do the opposite of what he says.
onlyy few folks in this trade,, bull continues,,,
AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC
Well now I gotta trade my human rights to china.
Funny, the very measured and exact moves in the chart screams manipulation.
Because it is. You would be shocked how much of the market is owned by the government and a few wealthy people
The VIX is what am looking at. Am with Pete on this one. Unless the FED screws it up this upcoming FOMC meeting.
People still watch CNBC? Oh, I get it... for the meme's. "eats a crayon"...
Carter literally called the correction in advance and gave you a spot on support level. what more could you ask for.
Talk about nonsense
Late-stage capitalism.
sep-nov are usually bad months, this is the time to BUY. hopefully u have cash on the sidelines
pretty much... i got call options on airlines through the end of december anticipating high earnings
^^♡
the other side of tech mkt is crypto mkt.
So buy more amc ok I can do that
❤️🦍
Lol taxes this chick
Monday one day, Tuesday two day, Wednesday what? Thursday the third day