On The Tape with Danny Moses

Bourbon & Charts with Carter Worth, Vincent Daniel & Porter Collins

Apr 2, 2025
Carter Braxton Worth, founder of Worth Charting, joins financial experts Vincent Daniel and Porter Collins for a deep dive into stock market dynamics. They explore the impending 'Liberation Day' and its potential effects on stocks like NVIDIA and Tesla. The trio discusses the merger reshaping the mortgage market, alongside trends in energy and consumer stocks. With a focus on technical analysis versus fundamentals, they share insights on trading strategies, emphasizing the importance of timing in market volatility. Cheers to a blend of bourbon and market wisdom!
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INSIGHT

From Fundamentals to Charts

  • Carter Worth transitioned from fundamental analysis to technical analysis.
  • He found no short-term relationship between price and earnings.
ADVICE

Sell the S&P 500

  • Carter Worth recommends selling the S&P 500 due to its topping pattern.
  • He suggests a potential downside target of 5,000.
INSIGHT

Market Breadth in Bear Territory

  • Despite the overall market being down 9-10%, a significant portion of stocks are already in a bear market.
  • The average stock peaked five months ago, suggesting a longer-term downtrend.
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