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 “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said Easterly Government Properties Inc (NYSE:DEA) offers a 5.6% yield. While the share price is “not gonna do much for you,” it’s a good dividend stock, she added.
Jim Lebenthal of Cerity Partners said he had recently added ExxonMobil Corp (NYSE:XOM) to his portfolio. “It’s about 12% off its recent high, less than 10 times earnings, 3.8% dividend yield,” Lebenthal mentioned. “I just don’t see the energy market going down meaningfully from here,” he added.
Check out other stocks making moves in the premarket.
Joseph Terranova of Virtus Investment Partners advised to not forget about “health care in your portfolio” whether you are “nervous or excited about the market”. Terranova said he owns Amgen, Inc. (NASDAQ:AMGN). “It’s a name I like going forward,” he added.
Degas Wright of Decatur Capital Management chose Illinois Tool Works Inc. (NYSE:ITW) saying it is an “industry parts maker with a 9% earnings growth and a 2.4% dividend yield.”
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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