April 23, 2013 6:57 AM | 1 min read
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.
Air Products & Chemicals (NYSE: APD) reported a 1.9% drop in its fiscal-second quarter earnings. For the year, Air Products cut its earnings forecast to $5.45 to $5.60 per share, versus its earlier outlook of $5.70 to $5.90 per share. For the current quarter, it projects earnings of $1.33 to $1.38 per share, versus analysts' estimates of $1.50 per share. Air Products' quarterly profit fell to $290.4 million, from $296 million, in the year-ago period. Its per-share earnings came in flat at $1.38. The company had expected earnings of $1.34 to $1.39 per share. Its revenue rose 6% to $2.48 billion, versus estimates of $2.59 billion. Air Products shares closed at $86.29 yesterday.
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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