Options action, on the desk, mike khouw, carter worth and brian stutland. As the markets close out a losing week, Financial Sector has been trailing further behind. Carter thinks thats indicative of a larger theme at work here. Carter . Interesting, of course, jp morgan has been the best but still the bkx index struggling. Theyre making alltime relative highs to the bkx and kre, on absolute basis they look to be rolling over. Lets look at a chart or two. Sticking with jpMorgan Stanley. First thing to note, its quite remarkable. Morgan stanley is the same police it was in september of 2000. So, now, if you have a stock thats gone sideways for 23 years, that means adjusted for inflation, youve lost about half your money. 23experience year, year over year, lose 2. 5 . Thats pretty unhappy. Zeroing in closer, this is the trend line in effect since the covid low. We have converging trend lines, one could say your arrow is wrong, carter, its going to break out. I think its going to break dow
Options action, on the desk, mike khouw, carter worth and brian stutland. As the markets close out a losing week, Financial Sector has been trailing further behind. Carter thinks thats indicative of a larger theme at work here. Carter . Interesting, of course, jp morgan has been the best but still the bkx index struggling. Theyre making alltime relative highs to the bkx and kre, on absolute basis they look to be rolling over. Lets look at a chart or two. Sticking with jpMorgan Stanley. First thing to note, its quite remarkable. Morgan stanley is the same police it was in september of 2000. So, now, if you have a stock thats gone sideways for 23 years, that means adjusted for inflation, youve lost about half your money. 23experience year, year over year, lose 2. 5 . Thats pretty unhappy. Zeroing in closer, this is the trend line in effect since the covid low. We have converging trend lines, one could say your arrow is wrong, carter, its going to break out. I think its going to break dow
Options action, on the desk, mike khouw, carter worth and brian stutland. As the markets close out a losing week, Financial Sector has been trailing further behind. Carter thinks thats indicative of a larger theme at work here. Carter . Interesting, of course, jp morgan has been the best but still the bkx index struggling. Theyre making alltime relative highs to the bkx and kre, on absolute basis they look to be rolling over. Lets look at a chart or two. Sticking with jpMorgan Stanley. First thing to note, its quite remarkable. Morgan stanley is the same police it was in september of 2000. So, now, if you have a stock thats gone sideways for 23 years, that means adjusted for inflation, youve lost about half your money. 23experience year, year over year, lose 2. 5 . Thats pretty unhappy. Zeroing in closer, this is the trend line in effect since the covid low. We have converging trend lines, one could say your arrow is wrong, carter, its going to break out. I think its going to break dow
Options action, on the desk, mike khouw, carter worth and brian stutland. As the markets close out a losing week, Financial Sector has been trailing further behind. Carter thinks thats indicative of a larger theme at work here. Carter . Interesting, of course, jp morgan has been the best but still the bkx index struggling. Theyre making alltime relative highs to the bkx and kre, on absolute basis they look to be rolling over. Lets look at a chart or two. Sticking with jpMorgan Stanley. First thing to note, its quite remarkable. Morgan stanley is the same police it was in september of 2000. So, now, if you have a stock thats gone sideways for 23 years, that means adjusted for inflation, youve lost about half your money. 23experience year, year over year, lose 2. 5 . Thats pretty unhappy. Zeroing in closer, this is the trend line in effect since the covid low. We have converging trend lines, one could say your arrow is wrong, carter, its going to break out. I think its going to break dow
Options action, on the desk, mike khouw, carter worth and brian stutland. As the markets close out a losing week, Financial Sector has been trailing further behind. Carter thinks thats indicative of a larger theme at work here. Carter . Interesting, of course, jp morgan has been the best but still the bkx index struggling. Theyre making alltime relative highs to the bkx and kre, on absolute basis they look to be rolling over. Lets look at a chart or two. Sticking with jpMorgan Stanley. First thing to note, its quite remarkable. Morgan stanley is the same police it was in september of 2000. So, now, if you have a stock thats gone sideways for 23 years, that means adjusted for inflation, youve lost about half your money. 23experience year, year over year, lose 2. 5 . Thats pretty unhappy. Zeroing in closer, this is the trend line in effect since the covid low. We have converging trend lines, one could say your arrow is wrong, carter, its going to break out. I think its going to break dow