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,” Shannon Saccocia of Boston Private said Eaton Corporation PLC (NYSE:ETN) is “tied to the infrastructure spending that’s gonna happen for the electrical grid.” Saccocia mentioned that there could be about 30% upside to the stock. “We really like the industrial exposure here” and it “has a long way to go,” she added.
Stephen Weiss of Short Hills Capital Partners chose ProShares Short QQQ ETF (NYSE:PSQ) as his final trade. “We didn’t even talk about the rising dollar impact on multinational earnings, and that’s also what’s driving oil down,” he stated.
Check out other stocks making moves in the premarket.
Joseph Terranova of Virtus Investment Partners said Dollar General Corp (NYSE:DG) has a “low-risk setup.” “You could buy it against 225,” he stated.
Jenny Harrington of Gilman Hill Asset Management mentioned that Lamar Advertising Co (NASDAQ:LAMR) has a 5.7% dividend yield. “Super safe business even with the rough economy,” she added.
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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