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.
Gainers
- LifeVantage Corp (NASDAQ:LFVN) shares are up 10 percent after reporting a big jump in earnings. Adjusted earnings in the fourth quarter came in at 20 cents per share, up from 4 cents per share in the same quarter of last year. Sales also rose $3 million year-over-year to $54 million. The company sees FY19 adjusted earnings of 54 cents - 58 cents and sales of $210 million - $220 million.
- Cisco Systems, Inc. (NASDAQ:CSCO) shares are up 2 percent after reporting a fourth-quarter earnings beat. Adjusted earnings came in at 70 cents per share, beating estimates by 2 cents. Sales came in at $12.8 Billion, beating estimates by $30 million. The company issued strong first-quarter earnings guidance and sees first-quarter sales up 7-9 percent year-over-year.
Losers
- SpartanNash Co (NASDAQ:SPTN) shares are down 10 percent after reporting a second-quarter earnings miss. Adjusted earnings came in at 50 cents per share, missing estimates by 7 cents. Sales came in at $1.9 billion, beating estimates by $30 million. The company issued weak FY18 earnings guidance.
- ParkerVision, Inc. (NASDAQ:PRKR) shares are down 1.3 percent, adding to a 33-percent drop the company saw in the regular trading session. The company received a notice of delisting from NASDAQ. The stock, which trades around 38 cents a share, will delist on August 17.
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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