July 12, 2011 10:39 AM | 1 min read
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.
By 10:35 am, the Dow Jones Industrial Average was down 2.04 points, or 0.02%, to 12,503.72, while the broader Standard & Poor's 500 index had gained 0.33 points, or 0.03%. The NASDAQ composite index fell 5.34 points, or 0.19%. Some of the narrow based indexes that are supporting the markets are Point of Sales and ATM Technology Stocks, which have gained 3.1%, Surety and Title Insurance Stocks, up 2.2%, and Confectioners and Sugar Stocks, moving 1.3% higher as a group.In Tickerspy's
Point of Sales and ATM Technology complex, Radiant Systems Inc (NASDAQ: RADS) had surged 30.8%. NCR Corp agreed to buy RADS for $1.2 billion in cash.The best performing Tickerspy
Surety and Title Insurance stock has been MBIA Inc (NYSE: MBI), which was up 8.6%. MBIA agreed to dismiss its lawsuit against Bank Of America Corp's Merrill Lynch & Co.Imperial Sugar Company (NASDAQ: IPSU) is today's leading Tickerspy's
Confectioners and Sugar stock, gaining 6.1%. IPSU's trailing-twelve-month revenue is $944.95 million.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.