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
- Lannett Company, Inc. (NYSE:LCI) rose 22.1 percent to $10.40 in pre-market trading after reporting a second-quarter earnings beat. The company also raised FY2019 sales guidance.
- iRobot Corporation (NASDAQ:IRBT) rose 12.8 percent to $100.85 in pre-market trading after the company reported better-than-expected results for its fourth quarter and issued strong FY2019 earnings guidance.
- SunTrust Banks, Inc. (NYSE:STI) shares rose 10.5 percent to $64.90 in pre-market trading. BB&T and SunTrust agreed to combine in a $66 billion all-stock deal.
- Chipotle Mexican Grill, Inc. (NYSE:CMG) rose 9.9 percent to $578.01 in pre-market trading after the company reported stronger-than-expected results for its fourth quarter. The company also added $100 million to its buyback plan.
- Match Group, Inc. (NASDAQ:MTCH) shares rose 9 percent to $57.85 in pre-market trading after reporting a fourth-quarter earnings beat. The company issued weak first-quarter sales guidance.
- MacroGenics, Inc. (NASDAQ:MGNX) rose 6.9 percent to $27.36 in pre-market trading after surging 130.42 percent on Wednesday. Citigroup upgraded Macrogenics from Sell to Buy and raised the price target from $10 to $39.
- GrubHub Inc. (NYSE:GRUB) rose 5.9 percent to $88.88 in pre-market trading. GrubHub is expected to release quarterly earnings today.
- Endeavour Silver Corp. (NYSE:EXK) rose 5.7 percent to $2.40 in pre-market trading.
- Array BioPharma Inc. (NASDAQ:ARRY) rose 4.7 percent to $22.30 in pre-market trading.
- Fortinet, Inc. (NASDAQ:FTNT) rose 4.7 percent to $85.00 in pre-market trading following Q4 earnings.
- Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) rose 4.3 percent to $10.25 in pre-market trading after gaining 3.47 percent on Wednesday.
- BB&T Corporation (NYSE:BBT) shares rose 4.1 percent to $50.50 in pre-market trading. BB&T and SunTrust agreed to combine in a $66 billion all-stock deal.
- GoPro, Inc. (NASDAQ:GPRO) shares rose 3.9 percent to $5.35 in pre-market trading after reporting better-than-expected earnings for its fourth quarter.
- Overstock.com, Inc. (NASDAQ:OSTK) rose 3.7 percent to $21.00 in pre-market trading after surging 10.05 percent on Wednesday.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Check out these big penny stock gainers and losers
Losers
- USA Technologies, Inc. (NASDAQ:USAT) fell 24.3 percent to $5.21 in pre-market trading.
- OraSure Technologies, Inc. (NASDAQ:OSUR) fell 14.5 percent to $10.95 in pre-market trading after reporting fourth-quarter earnings.
- FireEye, Inc. (NASDAQ:FEYE) shares fell 10.2 percent to $16.55 in pre-market trading. FireEye reported upbeat earnings for its fourth quarter, but issued weak first-quarter earnings guidance.
- Fiat Chrysler Automobiles N.V. (NYSE:FCAU) fell 9.6 percent to $15.69 in pre-market trading after the company issued weak 2019 outlook. FCA’s 2018 adjusted EBIT came in at 6.7 billion euros.
- Elastic N.V. (NYSE:ESTC) fell 7.2 percent to $82.00 in pre-market trading. Goldman Sachs downgraded Elastic from Buy to Neutral, while RBC Capital downgraded the stock from Outperform to Sector Perform.
- Twitter Inc (NYSE:TWTR) fell 7.1 percent to $31.75 in pre-market trading despite reporting upbeat Q4 earnings.
- Qutoutiao Inc. (NASDAQ:QTT) fell 5.2 percent to $10.85 in pre-market trading after dropping 5.92 percent on Wednesday.
- Aphria Inc. (NYSE:APHA) fell 5.2 percent to $9.20 in pre-market trading after declining 9.43 percent on Wednesday.
- WPP plc (NYSE:WPP) fell 5.1 percent to $51.75 in pre-market trading.
- Tata Motors Limited (NYSE:TTM) fell 4.8 percent to $11.99 in pre-market trading. Tata Motors posted a loss of 269.93 billion rupees for the three months ended December 31, versus a year-ago profit of 11.99 billion rupees.
- Sonos, Inc.. (NASDAQ:SONO) fell 4.6 percent to $11.80 in pre-market trading after the company disclosed its CFO Michael Giannetto plans to retire. The company's first-quarter earnings beat estimates.
- Golden Ocean Group Limited (NASDAQ:GOGL) fell 3.5 percent to $4.93 in pre-market trading.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!