As investors grapple with whether or not to buy the proverbial dip, one highly regarded technician appears to have found a group of stocks that is impervious to the market's wild swings.
"There are very few stocks that have managed a stunt to not be down in this kind of market, meaning no one has sold them, they didn't attract anyone's margin calls or fear." Worth said Friday on CNBC's "Options Action." As of that day's close, he noted, "very few stocks remain in identifiable uptrends."
The eight names Worth identified are AGL Resources, Cameron International, Expeditors International, Netflix, Nvidia, Royal Caribbean, Signet Jewelers and Vertex Pharmaceuticals. Shares of each of those companies are up a respective 11, 30, 10, 135, 12, 7, 8 and 11 percent on the year.
On an even broader scale, Worth noted that of the entire Russell 3000 index a mere 2 percent have been able to stay positive while the market has been plagued with volatility.