May 2, 2013 7:25 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.
Analysts at Wunderlich upgraded Viacom (NASDAQ: VIAB) from “hold” to “buy.” The target price for Viacom has been raised from $72 to $80. Viacom's stock closed at $65.90 yesterday.Analysts at Sterne Agee upgraded Invesco Plc (NYSE: IVZ) from “neutral” to “buy.” The target price for Invesco has been raised from $33 to $37. Invesco's shares closed at $31.44 yesterday.Jefferies upgraded U.S. Silica Holdings (NYSE: SLCA) from “hold” to “buy.” The target price for U.S. Silica Holdings has been raised from $24 to $25. U.S. Silica's shares closed at $20.01 yesterday.Morgan Stanley upgraded Arch Coal (NYSE: ACI) from “underperform” to “equal-weight.” Arch Coal's shares closed at $4.89 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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