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.
- Workers at an Ohio battery plant co-owned by General Motors Co (NYSE:GM) voted 710-to-16 in favor of joining the United Auto Workers (UAW).
- The Ultium Cells LLC plant is a joint venture between GM and LG Energy Solution Ltd that started operations in August and employs around 900 people.
- The auto industry is rushing to make more electric vehicles that could eventually lead to job loss because EVs require fewer parts and less labor to assemble than cars with internal-combustion engines, the WSJ cites analysts, underlining the importance of the UAW.
- Related: Amazon Workers' Unionization Gains Momentum.
- The report adds that wages at the plant range between $15-$22 per hour, which is less than the roughly $30 per hour that many UAW members make at factories owned by GM, Ford Motor Co (NYSE:F), and Stellantis NV (NYSE:STLA).
- Responding to the election results, the Ultium Cells JV stated it looks forward to a positive working relationship with the UAW.
- Earlier this month, Microsoft Corp (NASDAQ:MSFT) looked to voluntarily acknowledge a union of 300 videogame testers at subsidiary ZeniMax Studios if they vote to unionize.
- Photo Via Company
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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