More pain ahead for commodities: Chartmaster Carter Worth

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  • Опубликовано: 13 дек 2024

Комментарии • 118

  • @treyjoiner7950
    @treyjoiner7950 2 года назад +12

    Chartmaster...hes been saying that when oil was $70 a barrel

  • @wanjoe2057
    @wanjoe2057 2 года назад +6

    technical analysis are meant to confirm fundamental analysis..not to use technical analysis alone to confirm the future

    • @Brandon_388
      @Brandon_388 2 года назад

      I mostly only use technical analysis and am successful

  • @usstockchannel
    @usstockchannel 2 года назад +6

    Carter got it right this time but he is more wrong than right usually. That said energy i think will keep 100 dollars.

  • @iamhudsdent2759
    @iamhudsdent2759 2 года назад +7

    Oil companies will be very profitable with $90 oil. And no demand destruction.

    • @illegalsmirf
      @illegalsmirf 2 года назад

      That depends on how much demand is destroyed. It also depends on whether the politicians will levy special taxes on the energy companies.

    • @skankhunt3624
      @skankhunt3624 2 года назад

      $90 a barrel oil is super cheap. Under trump it was $120 a barrel, so....

  • @oscarhiggins2607
    @oscarhiggins2607 2 года назад +8

    Absolute trash analysis, drawing lines over historic data 😂

  • @dorissteve912
    @dorissteve912 2 года назад +7

    Retirement is wonderful if you have two essentials - much to live on and much to live for. Invest wisely and get good returns.

    • @jamesmaduabuchi6100
      @jamesmaduabuchi6100 2 года назад

      thank you, can you give a pointer the best investment now ? i am thinking of getting stocks or cryto

    • @dorissteve912
      @dorissteve912 2 года назад

      The key to making money in stocks is not to get scared out of them. An important key to investing is to remember that stocks are not lottery tickets. get a financial assistant

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      @wilsonjudson1650 2 года назад

      I recently watched TERESA JENSEN WHITE on TV , such a great speaker . but have you made any profit whatsoever working with her ?

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      @dorissteve912 2 года назад

      I have been able to make maximum profits off my trade with $40,000 and I have amassed about $190,000 in net profit In 4 weeks

  • @rickvug
    @rickvug 2 года назад +9

    Technical analysis is a very helpful perspective but isn't everything. If there still isn't enough oil or fertilizer available the prices will continue to spike.

    • @gameover-wy5ij
      @gameover-wy5ij 2 года назад

      Thats already priced in. . When war is over and supply chains back commodoties will plummit.

    • @garo52
      @garo52 2 года назад

      Ya but the chart is saying !! ....😆😆..for him it doesnt matter theres been a total capex implosion over the years

  • @davidrosen9711
    @davidrosen9711 2 года назад +2

    Carter is the best Chart MastorBator

  • @erichvonmolder9310
    @erichvonmolder9310 2 года назад

    Also it is a supply and demand too. I know people, including myself, have scaled back use of gas. I just stay home for the most part. I use to like driving around in my semi-rural area, but I don't do that anymore and make sure when I do go out, I hit 2 or 3 stores - no longer going to one store at a time. How many people have scaled back there driving?

  • @blaquopaque
    @blaquopaque 2 года назад +64

    The broad-based Standard & U.S. consumer confidence has sunk to record lows, thanks mainly to inflation. Retail spending, home-building, and manufacturing output all declined and those who drive the U.S. economy, are starting to cut back on discretionary purchases, such as appliances and services. Regardless of our market conditions, however, we should continue to promote savings and smart investments.

    • @emilyjacobsen9955
      @emilyjacobsen9955 2 года назад +2

      There is very critical situation for US people and other countries people. The global economy is going to very poor situation. Inflation and unemployment are on the rise۔

    • @gagnepaingilly
      @gagnepaingilly 2 года назад +3

      Every person is affected by this directly or indirectly. Taking myself for instance, Investments or stocks still retain their values very much but I'm still at crossroads on deciding if to liquidate my stocks or hold on to them cos I'm scared they might lose value.

    • @emilyjacobsen9955
      @emilyjacobsen9955 2 года назад +3

      @@gagnepaingilly

    • @gagnepaingilly
      @gagnepaingilly 2 года назад +1

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  • @志清刘-l6h
    @志清刘-l6h 2 года назад +1

    At least commodities(crude oil) will fluctuate until the beginning of July. See quarterly chart as well as daily one.

  • @sdfswords
    @sdfswords 2 года назад +3

    Silly, really, we're in a commodity super cycle until inflation is gone and rates trend down.

  • @TheKdizzle1971
    @TheKdizzle1971 2 года назад

    love the DSLs

  • @terrybumpass4799
    @terrybumpass4799 2 года назад +5

    I like Carter a lot. But what he showed me was a pull back in a upward trend. I guess it depends on your time frame.

    • @SisyphusJP
      @SisyphusJP 2 года назад

      Yeah I’m “pumped” for when I get back my odd even gas card this winter…

  • @britbaber603
    @britbaber603 2 года назад

    Luv Carter. He is great.

  • @andrewcannon587
    @andrewcannon587 2 года назад +2

    good, cheaper material cost to build EVs leading to more EV sales

  • @elmahfoudafgane766
    @elmahfoudafgane766 2 года назад +6

    Charter is Good ; last week he said the Market is going higher and that’s what happened this week, he was 100% right that the Market will rally

    • @weho_brian
      @weho_brian 2 года назад +1

      its a coin flip, hes been consistently wrong over the past 5 years. He's only been right this year

    • @iamhudsdent2759
      @iamhudsdent2759 2 года назад

      @Tziiware knowing a company inside out is fundamental analysis. Carter does technical analysis: charts. So what are you talking about?

  • @edenayla2551
    @edenayla2551 2 года назад +24

    Even with the economic fluctuation, I'm so excited I've been earning$ 45,000 from my $ 10,000 investment everyday 10 days .

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      @annagrace4215 2 года назад

      HOW !! I know it's possible , I would appreciate if you show me how to go about it .

    • @singletondennis3279
      @singletondennis3279 2 года назад

      Wow, that's very nice Please how can I be able to reach out to your broker, My income stream is in a mess😏

    • @edenayla2551
      @edenayla2551 2 года назад

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      @edenayla2551 2 года назад

    • @edenayla2551
      @edenayla2551 2 года назад

  • @anthony8643
    @anthony8643 2 года назад +4

    Buy the commodities dip and short the stocks.

  • @meklavier4664
    @meklavier4664 2 года назад

    bad for commodities, does that equal to good for consumer? lower food, lower oil?

  • @tonyharris4748
    @tonyharris4748 2 года назад +43

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  • @pmapires
    @pmapires 2 года назад

    Give some credit to the FED. Higher rates are anchors for commodities.

  • @animusadvertere3371
    @animusadvertere3371 2 года назад +1

    Technical analysis offers zero insight and is one of the major problems with the modern economy.

  • @Ben_Stewart
    @Ben_Stewart 2 года назад +2

    $65 barrel oil eh. Lol

  • @bobbymainz1160
    @bobbymainz1160 2 года назад +7

    This bear market is a prime example of why we should have a strong foundation built & cash position in our investment portfolios. Allows you to handle the volatility more comfortably, giving you a peace of mind & take advantage of high-quality companies at a discounted price.

    • @stephaniestella213
      @stephaniestella213 2 года назад +4

      Truth! I always keep emergency cash for expenses and more to take advantage of dips.

    • @oneiljerry9460
      @oneiljerry9460 2 года назад +5

      It’s true! Many investors try swinging for the fences on high-risk growth stocks, without building a strong foundation first. If you can handle the volatility & invest in great growth companies, there is nothing wrong with that. Most just can’t handle the volatility

    • @marksway7292
      @marksway7292 2 года назад +7

      Market fluctuations are to be expected. ''Eileen Ruth Sparks'' is a good coach who has prepared me for times like this, kept emergency fun ds for buying the dips. You should only be taking out what can be taken out during downturns. Do not be tempted to sell. All that you invested over time (esp during upward trends) will be lost.

    • @andrewtownsend886
      @andrewtownsend886 2 года назад +3

      I have been doing really good but this present time got me destabilized . how can i reach her for guidance?

    • @Jme---
      @Jme--- 2 года назад +3

      The current market may give opportunities for profit maximization, but you must be a market specialist to execute such effective trading.

  • @freespirit9981
    @freespirit9981 2 года назад

    Think you all missed a very important factor USA emergency oil reserves is at it’s all time low in year. Potentially being depleted in 27 days. All going into hurricane season and fall home heat oil demand just around the corner.

  • @Mental.Hub.
    @Mental.Hub. 2 года назад

    Zoom out genius.

  • @swaep114
    @swaep114 2 года назад +1

    24 % Gain Week. * ALPP... Alpine 4 Holdings. U.S. Manuf. 11 subsidiaries. Revenue Up 195 % in 1st qt 2022.

  • @nnaman007
    @nnaman007 2 года назад +2

    Imagine being so short sighted that you speculate for oil to go for 110 to 120 but look at the nasdaq and think nah it's overpriced 😄🤣
    Believe me there would be morons who sold equities and bought commodities in the last month.

    • @amanzella6508
      @amanzella6508 2 года назад +1

      This channel told them to load up on commodities? Scco looked like a bearish double top to me since april

    • @nnaman007
      @nnaman007 2 года назад +2

      Don't expect much from a channel that runs a 'crypto desk' and calls them 'digital assets'

  • @ecosby100
    @ecosby100 2 года назад

    Actually good for the economy

  • @DavidGatto
    @DavidGatto 2 года назад

    I predict the Chinese Economy is going to be hitting some air pockets. Suspect numbers will soon start looking ridiculous 🙄

  • @michaelkillerman
    @michaelkillerman 2 года назад +1

    Not good, its great

  • @billderinbaja3883
    @billderinbaja3883 2 года назад +8

    Charting, or "Technical Analysis", is as reliable and real as Astrology. What a bunch of hooey.

    • @dagsterblaster4973
      @dagsterblaster4973 2 года назад +1

      I’ve been an advisor for 30 yrs. you couldn’t be more wrong.

    • @billderinbaja3883
      @billderinbaja3883 2 года назад

      @@dagsterblaster4973 : Dags, there are so many different charting systems and approaches, it gets a bit mystical... I'm interested, what charting system do you follow?

  • @jimdemerath1032
    @jimdemerath1032 2 года назад +1

    His charts and advise is for entertainment purpose only...fyi

  • @googlebanmetoomuch2601
    @googlebanmetoomuch2601 2 года назад +1

    Guy doesn't know dck! If he did he'd be a billionaire

  • @lizi122
    @lizi122 2 года назад

    Guy couple month ago calling semis bottomed according to his chart, bs all over

  • @crazychicken675
    @crazychicken675 2 года назад

    Meh, I like commodities ill never flip flop out.

  • @rnfl4089
    @rnfl4089 2 года назад

    Lol the stock weather man! Drawing lines like a kindergarten where’s the technical analysis like order flow.

  • @blankditditxt
    @blankditditxt 2 года назад +1

    Every news venue talking like it's the end of the world. Then you look at the market and it going up like crazy. These guys trying to get you to sell your share cheap for them!

  • @dagsterblaster4973
    @dagsterblaster4973 2 года назад

    As if Warren Buffett was investing for short term. He only cares about long term. Oil stocks chart pattern and history suggest a big down move. Xle has highest put to call ratio of market.

  • @janosik150
    @janosik150 2 года назад

    ohhh yeah it will never get higher, actually all people will stop trading for next 1000 years..

  • @freespirit9981
    @freespirit9981 2 года назад

    Bidden team may have just set up the perfect storm by releasing as much oil as he did just recently to try and hold gas prices. Reserves hit zero and I bet oil takes off like a rocket.

  • @whiskyngeets
    @whiskyngeets 2 года назад

    Well. This guy couldn't be more wrong. China's coming back online and Brandon + G7 are about to cripple supply even more with their brilliant plan to just simply tell Russia what they're going to pay for oil. Until supply and refining issues get situated, oil's going to keep going up.

  • @andrewcannon587
    @andrewcannon587 2 года назад

    it's good recession is coming, to keep oil below $150/bo

  • @MrWaterbugdesign
    @MrWaterbugdesign 2 года назад

    Someday I really should research tech analysis. It always looked like crap to me. You can draw trend lines many different ways. Seems like kidding yourself. Yeah there are trends but lines aren't needed to see that. Plus it's more backward looking.

  • @dennisw8026
    @dennisw8026 2 года назад

    blah blah blah

  • @chrischoir3594
    @chrischoir3594 2 года назад

    The demoncrat have to lower oil to win in Novemeber

  • @Nabraska49
    @Nabraska49 2 года назад

    Just wait till the winter hits then you will see his squiggly line do a nasa launch.. and oil closer to the $200 mark..