iBankCoin
Joined Dec 4, 2012
311 Blog Posts

Carter Worthless Part II $XLE

Back on September 30 of 2016, Carter Worthless aka Carter Worth stated that $DB was going to $0. Well it closed that day at $13.09. It is now at $16.60. It rank to a peak just above $20.50. Another horrific call from a “guy that sounds so smart, but in reality is just soooo dumb”.

I just saw him on #CNBC and he is saying Energy cannot rally. I will take the other side of that trade. XLE closed today at $70.63. Let’s see where it is at the end of the second quarter. Worthless went on to state that there is no relative strength against the S&P 500.

My data is quite the opposite. Money is flowing into XLE and it is starting to outperform the S&P 500.  I will show a chart in a couple weeks once XLE is above $75 to illustrate the point.

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2 comments

  1. Option Addict

    Guy is a fucking joke.

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    • ggarbacz

      Agree. Just take the other side of him and you make money.

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