What the charts say about oil’s next move, according to Carter Worth

Carter breaks down the move in crude.

Hantavirus outbreaks rarely happen. This Andes strain is ‘a complicated public-health situation.’ May 7, 2026
At least two people departed the MV Hondius cruise ship in late April and one has tested positive for the Andes strain, a type of hantavirus.
Jaimy Lee
Arm puts a big number on its newest venture, but its stock falls May 7, 2026
The chip designer said it has more than $2 billion in customer demand for its first-ever data-center CPU
Britney Nguyen
Fortinet’s stock rockets higher as earnings help dispel fears of AI disruption May 7, 2026
An “increasingly complex threat environment” is boosting demand for Fortinet’s cybersecurity offerings
Emily Bary
My husband has a $225,000 pension. We don’t trust his ‘too big to fail’ employer. Where do we invest it? May 7, 2026
“Ideally, we are looking for a guaranteed return with minimal risk.”
Quentin Fottrell
I am 56, single, and renewing my $400,000 10-year term life policy. Am I making a huge mistake? May 6, 2026
“The agent said he could not add my brother because he does not depend on my income, so has no insurable interest.”
Quentin Fottrell
Restaurants really don’t want to sell fake meat — and Beyond Meat is suffering May 6, 2026
Beyond Meat’s stock fell further Wednesday after it offered a weak forecast, and as it prepares to move further into a crowded protein-drink market.
Bill Peters
Traders point to suspicious activity in the oil market on Wednesday May 6, 2026
Oil contracts worth $1.7 billion changed hands in the hour before an Axios report sent oil prices lower Wednesday. Some experts are calling the spike in activity suspicious.
Joseph Adinolfi
Everyone’s paying more for gas, but only some are cutting back. Here’s why. May 6, 2026
When gas prices surged in March, lower-income drivers tried to cut back, but they still felt the sticker shock. On the other hand, rich drivers barely flinched.
Andrew Keshner
Zuckerberg’s ‘Multi Mark’ AI clone is a huge red flag for Meta shareholders May 6, 2026
Replacing authentic leadership with a digital doppelgänger isn’t innovation — it’s a high-tech retreat from accountability.
Gustavo Razzetti
This gold-timing indicator just hit a bottom — and history says a strong rally is next May 6, 2026
Gold and gold miners perform best right after investors give up. This “extreme pessimism” is the contrarian tailwind the market has been waiting for.
Mark Hulbert