ABOUT THIS EPISODE
In this episode of the Market Misbehavior podcast, Dave is joined by legendary technical analyst Carter Worth, Founder and CEO of Worth Charting and CNBC's "Chart Master." Recorded July 1st 2026.
Carter shares his timeless, price-and-volume-centric approach to market analysis, stripping away the noise of macro headlines and complex oscillators. We dig into why context is the ultimate lens for understanding price action, the enduring value of hand-drawing charts to truly feel the rhythm of institutional money flow, and how the current market's severe tech bifurcation signals a classic "shooting the generals last" environment. The conversation also explores Carter's core risk management principle that "entry points are absolute, exit points are subjective," alongside the exact data-science rules driving his newly launched Worth Charting Options Income ETF (WRTH).
If you enjoyed this episode's insights and would like to dive deeper, please check out Carter's website at:
https://www.worthcharting.com/
Also check out the Worth Charting Options ETF!:
https://worthchartinggroup.com/
📈 Topics Covered
• The fundamental philosophy of price action: Why the study of price and volume ultimately trumps corporate fundamentals
• Contextualizing the 2026 market sequence: Interpreting June’s sloppy, sideways consolidation as a healthy, normative pause following May’s aggressive post-conflict recovery
• Minimalist technical tools: Eliminating analytical clutter by focusing strictly on the high, low, close, volume, relative strength, and the 150-day moving average
• Lessons from mentor Vincent Boening: Embracing the "lost art" of updating graph paper charts by hand to accurately gauge the physical behavior of capital
• The fragility of tech bifurcation: Navigating a market where investors cluster into a shrinking handful of overextended semiconductor generals while abandoning entire software spaces
• The contrarian case for energy: Why severe relative underperformance has left defensive giants like Exxon and Chevron "so bad they're good" contrarian buys
• Managing the downside: Why there is nothing wrong with being wrong, but why sticking with a high-volume gap-down is a catastrophic error
• Inside the WRTH ETF: Utilizing cash-secured, out-of-the-money strangles on large-caps specifically after a 10% earnings gap to capture immediate volatility crush and time decay
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The content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice.
