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.
General Motors Company (NYSE:GM) posted a bottom-line beat Tuesday, with its $1.65 earnings per share figure 20 percent above estimates and 21 percent over 2016’s comparable period.
Those metrics compounded a best-ever fourth quarter in adjusted earnings before interest and taxes — $3.1 billion, a rate up 18.7 percent from last year.
“Improvements in all operating segments and an intense focus on cost reductions generated a record quarter and another record year,” CFO Chuck Stevens said in the GM earnings release.
That’s more than Ford Motor Company (NYSE:F) could say. The crosstown rival’s Q4 report nearly two weeks ago showed a 7-percent EPS miss in spite of a 333-percent year-over-year gain.
Ford came out a winner in at least two metrics. The automaker posted positive sales growth in October, November and December, while GM saw consistent year-over-year declines. At the same time, Ford’s $38.5 billion in revenue far surpassed GM’s $37.715 billion.
“Our balance sheet remains strong and we are focused on improving the company’s fitness to strengthen future results,” CFO Bob Shanks said in Ford’s earnings release.
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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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