let's call to the charts with carter braxton worth. icky one, the gold trade overall, carter. but you have to say the downside has been there and the trend has been intact pretty much. >> that's right. but a key technical level. let's look at it. you have here a two year chart of the gld. what's important of course is that in this current downdraft we have come down six months ago and held it to the penny. and that's an important development at an important level. now, if you step back and look at this again. here is this again, what i would call a double bottom. the action that is happening. and the presumption is we throw back, just as we did here. and we will move nicely, ie we bounce, we would take a contrarian view and be getting long the single worst thing of the past 12 months. >> carter, i like that. i haven't found a lot of people who wanted to be bullish in any way, shape or form on gold. so let's go out to the traders here, brian, you have been bearish long term on this gold trade. what's your view, and what's the trade here?

let's call to the charts with carter braxton worth. has been a tricky one, the gold trade overall, carter. but you have to say the downside has been there, and the trend has been intact pretty much. >> that's right. seema just referred to something that's very important, the key technical level. let's look at it. you have here a two year chart of the gld. what's important of course is that in this current downdraft woo we have come down to the low six months ago and held it to the penny. and that's an important development at an important level. now, if you step back and look at this again. here is this again, what i would call a double bottom. the action that is happening. and the presumption is we throw back, just as we did here. and we will move nicely, i.e., we bounce. we would take a contrarian view and be getting long the single worst thing of the past 12 months. >> carter, i like that. i haven't found a lot of people who wanted to be bullish in any way, shape or form on gold. so let's go out to the traders here. brian, you have

let's call to the charts with the one and only carter braxton worth of oppenheimer. hi, carter. >> the setup is crude was quite weak from the end of the summer at 112. but crude has recovered back to almost 100. some of these oil service stocks are still down. we think they are to be played here on the long side for bounces. just to give you the backdrop. this is the oih, the etf which captures halliburton, weatherford and so forth. this is the entire energy sector as measured by the xle. you see the correlation is virtually 100%. this is where the opportunity is. here are the same two instruments taking a little bit of a longer time frame. what's important is that energy, as you see here, the sector has made it back to all time highs, we know of course in the past week, exxon itself has been able to exceed its 2007 high. whereas drillers are nowhere near their high. and so you're talking about as a group, halliburton and weatherford up 60% versus 180. so one-third. that's the opportunity. look at the charts of the oih. perfect response to a trend line over and over a

carter braxton worth of oppenheimer. >> the relative strength is important. when the week was very poor until today, these stocks acted well all week long. let's take a look at a few charts. las vegas sands, one year chart, what's important about this, basically, a dead asset for quite some time, that has come to life in a big way. and an orderly way. this throws to about 80. we closed today around 75, 76. take a look at it another way. here's the same up trend, same chart. but it's this breakout, that kicks things off. so we're in this channel, the presumption again is around 80, 81. so put it all together. this is the level from which we broke out. it's important. a big range. the breakout is young. there's more to go presumptively. we're looking for low 80s, buy, stay long if you're there. >> all right. well, it's no secret mike and carter are friends. i guess you guys have been hanging out. you brought a chart of your own, mike. >> yes. why don't we take a look at this. the interesting thing about this chart, this actually shows the growth of the gaming b

carter braxton, the charts don't look very well. has there been any kind of violation with this down side move. will it continue or can we see that bump up? >> the charts are terrible. the day-to-day action is not responding to this so-called security breach because i don't think that's problem. the problem is bigger than that. target, if one looks at the basic chart has been going up for two years. but then over the last four, five months target has been a major nonparticipant compared to walmart, kohls and macy's. you have relative underperformance which allows the stock to break trend. so, it all gets down to this. why is the stock underperform forge fivunderperforming for five or six months. the stock acts poorly. >> got to leave it. sounds like you're both on different trajectories there with regard to the stock. check out the online edition of talking numbers. >>> still ahead chinese ipos in the u.s. crushed it in 2013 but are signs pointing ing ting to auspicious new year. >> the drones, find out whether or not they are heade

how about this, carter braxton, let's take a look at the joseph a.e. >> the charts are compelling. as a starting off point it is atypical for both securities to be acting well when one is acquiring or not acquiring the other. typically you don't get that. that suggests how strong things really are. in the case of joseph banks the gap up which is the news related gap, of course, of just a month ago from 50 to 55, all that's done if you look at now the longer term chart going to a five-year chart, returned the security to its prior top. the highs of 2011, the stock has gapds up. news related to its 2011 highs. here's the interesting thing. retailers in general have been very, very strong. consumer discretion the best part of the market over the last two years and this stock unchanged. one of the setups for a breakout is a range like tis. this has been in 40 to 55 for three years. a measured move, a 1930s type phrase, implies $65. >> $65. >> wow. >> okay. >> the charts say that. >> that's what rts cha the char say. >> check out the on-line edition of ta