Today we were joined by the great Carter Worth of Cornerstone Macro. We discussed the whipsaw action in the stock market this week, Raymond James’ downgrade of FedEx, Piper Sandler’s upgrade of Plug Power, and the most loved sectors in the S&P 500.
- (1:09) Macro: Volatile Week For Stocks. Chart: S&P 500
- (5:43) Raymond James Downgrades Fedex. Charts: Fedex X2, Transports
- (10:14) Piper Upgrades Plug Power. Charts: Plug X2
- (12:25) One For The Road: Most Loved Sectors
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Guy Adami, Founder, RiskReversal
CNBC Fast Money, Trader & Investor@GuyadamiGuy is an original member of CNBC’s Fast Money. He is currently the Director of Advisor Advocacy at Private Advisor Group in Morristown, New Jersey. Private Advisor Group is comprised of a network of nearly 600 advisors with assets approaching $17B.Guy has held numerous key leadership roles in the financial services industry. He began his career at Drexel Burnham Lambert in 1986. In 1996, he joined Goldman Sachs as their head gold trader. In the spring of 2000, Adami joined the U.S. Equities division of Goldman Sachs where he was put in charge of the firm’s Industrial/Basic Material group.Guy is the Vice Chairman of the NJ Chapter of The Leukemia and Lymphoma Society, who named him their “Man of the Year” in 2015.
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Carter Braxton Worth, CEO, Worth Charting
@CarterBWorth