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.
- The Challenger job-cut report for November is scheduled for release at 7:30 a.m. ET.
- Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims increasing to 780,000 for the November 28 week from 778,000 in the previous week.
- US Services Purchasing Managers' Index for November is scheduled for release at 9:45 a.m. ET. The services PMI is expected to rise to 57.7 in November from previous reading of 56.3.
- The ISM's services index for November will be released at 10:00 a.m. ET. ISM's index is projected to decline slightly to 56 in November from 56.6 in October.
- The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
- The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
- Data on money supply for the recent week will be released at 4:30 p.m. ET.
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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