let's call to the charts with the one and only carter braxton worth. > technicals look good. but let's look at a few charts and put it in context. this is a one-year chart of the standard and poor's 500. what i have here is the investment bank index, which includes a lot of names like morgan stanley. all diversified financials. you can see the incredible outperformance versus the s&p. you have say, how could you want to chase morgan stanley here? let's reverse the time frame and make it longer. now look from the '09 lows. you have, of course, the market, well ahead of these banks which are still recovering from the crisis in many ways. and that's the opportunity, we think, with morgan stanley. it's up a lot and it's got much more to go. let's look at the chart itself. this is a one-year chart and what's important here is the authority of the 24 level. and how we broke out above that level and now we're quailing just a little bit above it. keep your mind on 24 and look at some longer term charts. that 24 level is also a break above the downtrend line tha

let's call to the charts with carter braxton worth. what do you see? >> sure. serious subject. the backup in rates and the selloff in utilities. so, let's look at toll brothers. one of the biggest. four charts, all the same time frame. this is the first one. this is one way you can draw the lines. a triple top that is forming. a bad formation signaling a reversal. if you look at the second chart, same time frame. this stock, if you want to draw the trend line this way, it's broke trend over two months ago. if you want to be more generous, look at the third chart. draw the trend line a little less severe. we still broke trend within the last several weeks. or you can rely on the smoothing mechanism. it is now flat and turning over. so, home builders as a group were up 7% of the year. s&p up double that, 1415, something is going wrong and we know what it is. the change in rates. >> mike, do you agree with carter? >> i definitely do. not just an issue of rates, but material and labor costs, as well. the home builders were leveraging the fact that those had rose. a

no one better to ask than carter braxton worth. what do you see? >> as for the telcos or utilities, the high dividend paying, this is an etf that's well-defined. at the bottom, put money to work, the top, fading it. touch the top of the well-defined channel and starting to fade. with prices up, a low dividend yield. if you look at the yield on this particular instrument, we are basically down at or near the same low yields you saw? '07 before they got out of wac. not a good time torch to be buying, sell. >> i think someone is backing me up. there is a channel, basically, i think at the lower end, that's when i'm going to switch over to dan's camp and get in. that's below $47. >> why sell that 50 cent put? these dif kend stocks are not going to drop to zero. the dividend is a floor underneath the stock. so sell that, collect the 50 cents. makes sense. >> stocks versus options. want to short verizon? better be brave, as you know, it carries unlimited risk. mike's option trade defines the risk to just 85 bucks and could more than double his money by a

carter braxton, what say you about fcx? >> it's a very poor chart. >> a man of few words, but very potent words. >> it's got lower lows and lower highs. i think the interesting thing here, the difference between these two trades, implied volatility in pepsi is really low. dan's trying to take advantage of that implied volatility in freeport. very high. >> so do you think to rethink this train, mike? >> look, i'm a contrarian a lot of the time. i'm a contrarian when the staples were rallying and i'm a contrarian here. >> can i wrap this up for you. i look at the way currencies are moving around, the way bonds are moving around. this thing is in the middle of all of that. and if we really do see some sort of acceleration -- >> not in china. >> a great investment strategy but it's an investment and if you buy it -- >> again, as mike said, that's a trade not for the faint of heart. if you've got a question, send us a question right after show on our website. scott has a trade you can get long, bank of america for pennies on the

. >> carter braxton. thank you very much. time for a special edition of pops and drops.r hewlett-packard down three percent. >> it's been one of the performers. so what were people selling today? they of course went after the home builders and staples and utilities. hewlett-packard was next on their list and they hit it pretty dpood. >> drop for walt disney. >> i'm long. i like it. >> drop for fedex. >> they reported yesterday goldman sachs downgraded it yesterday to a hold. this has a ton of emerging markets exposure. that's where they're going to get their growth. to me you want to see it bottom out below 90. >> black rock a drop. >> the high in 2010 was 240. we broke down from there. resistance becomes supported. it will find its way to 240. if you need to trade it that's where you are 240. >> a sea of red across the board. seems like the perfect time to hear from mark faber. shockwaves after spiking 24% alone. what else might the vix be telling us? back in two. before they funded scholarships to the schools that gave them scholarships... before they planned for their