Carter Worth's work is based on the principles of "collective wisdom" and behavioral science, with particular emphasis on trend recognition, capital flows and price action. In his current role, he makes investment recommendations for private clients and institutional capital pools and publishes regular industry, sector and market reports regarding same.
His work in technical analysis began at Donaldson, Lufkin & Jenrette where, as a portfolio strategist, he focused on top-down market analysis with due diligence in all areas of asset allocation, market timing, sector rotations, industry weightings, stock selection and risk management. Carter is a frequent guest on CNBC, Bloomberg TV, BNN, and The Nightly Business Report.
He is quoted in publications such as The Wall Street Journal and Barron's, and in each of the past five years has been has been voted either the number two or number three technical analyst on Institutional Investor's All-America Research team. Carter holds a bachelor's degree in international relations from Boston University.
As investors grapple with whether or not to buy the dip, one technician has found a group of stocks that is impervious to the market’s wild swings.
Technical analyst Carter Worth explains why the utilities sector could be poised to rally 4 to 5 percent in the near term.
Shares of GoPro supplier Ambarella have surged more than 130 percent this year. But one technician warns that the stock could be due for a correction.