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.
U.S. stocks traded higher, with the Dow Jones gaining more than 100 points on Wednesday. Here are some big stocks recording losses in today’s session.
- Olaplex Holdings, Inc. (NASDAQ:OLPX) shares dipped 50.4% to $4.8599 after the company issued Q3 and FY22 sales guidance below analyst estimates.
- Generac Holdings Inc. (NYSE:GNRC) declined 19.8% to $118.49 after the company reported preliminary Q3 EPS results are lower year over year. The company also lowered its FY22 net sales growth guidance and net income margin.
- EQRx, Inc. (NASDAQ:EQRX) dropped 17.6% to $4.5350.
- Repligen Corporation (NASDAQ:RGEN) fell 12.3% to $181.38.
- M&T Bank Corporation (NYSE:MTB) fell 12.5% to $165.60 after the company reported worse-than-expected Q3 EPS results.
- KE Holdings Inc. (NYSE:BEKE) dropped 11.5% to $10.78.
- Winnebago Industries, Inc. (NYSE:WGO) declined 10.8% to $53.64 following Q4 results.
- Full Truck Alliance Co. Ltd. (NASDAQ:YMM) fell 10.4% to $5.28.
- Rumble Inc. (NASDAQ:RUM) dropped 9.3% to $8.27.
- Carvana Co. (NYSE:CVNA) fell 8.8% to $16.75. Wells Fargo maintained Carvana with an Equal-Weight and lowered the price target from $35 to $30.
- Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI) fell 7.8% to $18.10. Maravai LifeSciences temporarily reinstated Carl Hull as CEO amidst pending noncompetition litigation.
- THOR Industries, Inc. (NYSE:THO) dropped 7.4% to $75.29. Thor Industries Board of Directors recently approved a 5% increase in its quarterly dividend to $0.45 from $0.43.
- Li Auto Inc. (NASDAQ:LI) fell 7.3% to $17.53.
- Abbott Laboratories (NYSE:ABT) dropped 7.1% to $97.53 despite the company reporting better-than-expected Q3 EPS and sales results and raising guidance. The company's Q3 sales decreased 4.7% year over year.
- Comerica Incorporated (NYSE:CMA) fell 6.7% to $69.36 following Q3 results.
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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