20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
IN THE NEWS
Direxion, one of the largest issuers of inverse and leveraged exchange-traded funds, is looking to add bitcoin products to its stable of geared ETFs: Link
In a year when bitcoin stole the spotlight, energy was an underappreciated winner: Link
Hedge fund assets are expected to hit an all-time high in 2018, according to a new Agecroft Partners report: Link
The sale of Intel Corp. (NASDAQ:INTC) stock by Chief Executive Brian Krzanich while the company was handling concerns about security flaws in its chips was a highly unusual move that risked attracting regulatory scrutiny, according to lawyers and analysts who follow executive stock sales: Link $
The iPhone has made Apple Inc. (NASDAQ:AAPL) and Wall Street hundreds of billions of dollars. Now some big shareholders are asking at what cost, in an unusual campaign to make the company more socially responsible: Link $
Nvidia Corp (NASDAQ:NVDA) will partner with Uber Technologies Inc and Volkswagen AG as the graphics chipmaker’s artificial intelligence platforms make further gains in the autonomous vehicle industry: Link
Republicans and Democrats in Congress are once again far apart on a government spending bill with just days to go before a partial shutdown: Link
With progress on deregulation and passage of the tax bill, the Trump administration's pro-growth economic agenda is shifting: Link
ECONOMIC DATA
- The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
- San Francisco Bank President John Williams is set to speak in Washington at 1:35 p.m. ET.
- Data on consumer credit for November will be released at 3:00 p.m. ET.
- Atlanta Federal Reserve Bank President Raphael Bostic will speak in Atlanta at 12:40 p.m. ET.
- Boston Federal Reserve Bank President Eric Rosengren is set to speak in Washington.
ANALYST RATINGS
- Baird upgraded Albemarle (NYSE:ALB) from Neutral to Outperform
- JPMorgan upgraded Caterpillar (NYSE:CAT) from Neutral to Overweight
- Jefferies downgraded Snap Inc (NYSE:SNAP) from Buy to Hold
- KeyBanc downgraded Cirrus Logic (NASDAQ:CRUS) from Overweight to Sector Weight
- Longbow downgraded GoPro (NASDAQ:GPRO) from Buy to Neutral
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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