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.
With US stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects KB Home (NYSE:KBH) to post quarterly earnings at $2.87 per share on revenue of $1.98 billion after the closing bell. KB Home shares gained 0.2% to $34.92 in after-hours trading.
- Bed Bath & Beyond Inc (NASDAQ:BBBY) shares jumped in Tuesday's after-hours session after adding more than 27% during regular market hours. According to a Wall Street Journal report citing people familiar with the matter, Bed Bath & Beyond has brought on consulting firm AlixPartners as its new restructuring advisor. The company reported a quarterly adjusted net loss of $3.65 per share, which missed estimates for a loss of $2.11 per share. Bed Bath & Beyond shares jumped 17.4% to $2.4302 in the after-hours trading session.
- Integra LifeSciences Holdings Corporation (NASDAQ:IART) said it sees Q4 revenue of $397 million to $398 million, versus analysts’ estimates of $397.5 million. The company expects FY22 revenue of $1.557 billion to $1.558 billion. Integra LifeSciences shares gained 0.2% to $57.75 in after-hours trading.
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- Myomo, Inc. (NYSE:MYO) announced a 12% reduction in its workforce and expects to save more than $2 million on an annual basis from reductions. Myomo shares dropped 3.5% to $0.5019 in the after-hours trading session.
- Franchise Group, Inc. (NASDAQ:FRG) is considering going private via a management buyout, according to a Wall Street Journal report citing people familiar with the matter. Separately, the company is also considering a potential deal to acquire furniture chain Conn's. Franchise Group shares gained 0.2% to $30.20 in after-hours trading.
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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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