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.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he prefers Devon Energy Corporation (NYSE:DVN) over EOG Resources, Inc. (NYSE:EOG) as the former is cheaper.
When asked about Rocket Companies, Inc. (NYSE:RKT), he said, "I said the Fed was raising rates. You can’t own anything in that area. And the Fed is still raising, so you still can’t."
The Mad Money host said he is sticking with Marvell Technology, Inc. (NASDAQ:MRVL). "It’s driving me bonkers that it could be doing so well and it’s stuck right here, down so much," he added.
Cramer said he likes Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) very much, but added: "I just have been trying to figure out exactly whether that drug is going to be passed, and I don’t know the answer."
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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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