CNBC Options July 3, 2024
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,...