Name and its time to risk less and make more. Options action starts now. Welcome to options action, we begin with crude oil, and the wti rallying 25 as investors bet that the worst is over for the energy space our carter worth says hes got the chart to prove it. What are you seeing, carter . Well, a bunch of charts something that happened this week, seven weeks in a row, the Energy Sector is up and thats only happened eight times in the 32year history of the sector and the probability of occurrence of 0. 5 follow through is usually pretty big. So, first, what do we know we know that the sector bottomed actually before the market we see on the first slide here that the Energy Sector bottomed on the 19th, a thursday, while the market went on and made its low on monday the 23rd we know this ricochet has been huge and were talking about double the market and it dropped 65 and the ricochet up 25 is twice that of the s p up 34 and then this is the interesting thing. The next slide youll see
And that would not be the weirdest thing that happened this week with tesla mike khouw downshifts on the name and its time to risk less and make more. Options action starts now. Welcome to options action,e wti rallying 25 as investors bet that the worst is over for the energy space our carter worth says hes got the chart to prove it. What are you seeing, carter . Well, a bunch of charts something that happened this week, seven weeks in a row, the Energy Sector is up and thats only happened eight times in the 32year history of the sector and the probability of occurrence of 0. 5 the followthrough is usually pretty big what do we know . We know that the sector bottomed actually before the market we see on the first slide here that the Energy Sector bottomed on the 19th, a thursday, and the market went out and made its low on monday the 23rd we know this ricochet has been huge and were talking about double the market and it dropped 65 and the ricochet is up 70 twice that of the s p up 34
This week with tesla mike khouw downshifts on the name and its time to risk less and make more. Options action starts now. Welcome to options action, we begin with crude oil, and the wti rallying 25 as investors bet that the worst is over for the energy space our carter worth says hes got the chart to prove it. What are you seeing, carter . Well, a bunch of charts something this happened this week, seven weeks in a row, the Energy Sector is up and thats only happened eight times in the 32year history of the sector and the probability of occurrence of 0. 5 what do we know . We know that the sector bottomed actually before the market we see on the first slide here that the Energy Sector bottomed on the 19th and aed there while the market went out and made its low on monday the 23rd we know this ricochet has been huge and were talking about double the market and it dropped 65 and the ricochet up 25 is twice that of the s p up 34 and then this is the interesting thing. The next slide youll
Trump spent most of his day in texas, promising relief too harveys victims in austin and Corpus Christi. We want to do better than ever before. Reporter minutes after air force one touched down, president told officials that were gathered at Corpus Christi firehouse number 5 to set a historical standard. We want to be looked at 10 years from now as this is way to do it. Reporter harvey was still hammering houston about 220 miles away. He knows that what looks like a wellplanned rescue and recovery effort could still fail. Well congratulate each other when is all finished. Reporter pentagon believe its will go so long they announced today possibility 20 to 30,000 National Guard groups could be deployed to areas hardest hit by harvey. Like First Responders get tired and burned out, National Guard because as well. Reporter Emergency Operation in austin, President Trump toured thener center there this afternoon. The sad thing that is longterm, nobody has seen this much water. Reporter fema
Texas, promising relief too harveys victims in austin and Corpus Christi. We want to do better than ever before. Reporter minutes after air force one touched down, president told officials that were gathered at Corpus Christi firehouse number 5 to set a historical standard. We want to be looked at 10 years from now as this is way to do it. Reporter harvey was still hammering houston about 220 miles away. He knows that what looks like a wellplanned rescue and recovery effort could still fail. Well congratulate each other when is all finished. Reporter pentagon believe its will go so long they announced today possibility 20 to 30,000 National Guard groups could be deployed to areas hardest hit by harvey. Like First Responders get tired and burned out, National Guard because as well. Reporter Emergency Operation in austin, President Trump toured thener center there this afternoon. The sad thing that is longterm, nobody has seen this much water. Reporter fema predicts 450,000 people affect