27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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Yesterday, LinkedIn (NYSE: LNKD) issued a downbeat revenue view for the second quarter.LinkedIn posted its first-quarter earnings at $22.6 million, or $0.20 per share, versus $5 million, or $0.04 per share, in the year-ago period. Its adjusted earnings came in at $0.45 per share, beating analysts' estimates of $0.30 per share. Its revenue climbed 72% to around $325 million.LinkedIn projected Q2 revenue of $342 million to $347 million, versus analysts' expectations of $360 million.Equities Trading UP
InvenSense (NYSE: INVN) shot up 23.09 percent to $11.46 on upbeat Q4 results.Shares of Blucora (NASDAQ: BCOR) got a boost, rising 19.91 percent to $17.59 on Q1 results.American Axle & Manufacturing Holdings (NYSE: AXL) was also up, gaining 9.10 percent to $14.99 on Q1 results.Equities Trading DOWN
Buy at this blue line for a shot at trading profitably
There are so many indicators out there on when to buy and sell. Nic uses none. He looks at a chart and buys when a stock “pushes” off this blue line. What blue line? Find out on the next page. It’ll change how you make money from stocks. Click here for the details.
In commodity news, oil traded up 1.57 percent to $95.47, while gold traded down 0.14 percent to $1,465.60.Silver traded up 0.99 percent Friday to $24.08, while copper rose 6.54 percent to $3.31.Euro zone
European shares were higher following the revised EC growth forecasts. The European Commission has released its revised growth forecasts for 2013 and 2014 and now expects the eurozone to contract 0.4 percent this year before expanding 1.2 percent next year.The Spanish Ibex Index gained 1.65 percent while the Italian FTSE MIB Index rose 1.04 percent. Meanwhile, the German DAX rose 2.02 percent while the French CAC 40 rose 1.40 percent and U.K. shares gained 0.94 percent.Economics
The US economy added 165,000 jobs in April. The unemployment rate declined to 7.5% in April, versus 7.6%. However, economists were projecting a 135,000 gain in jobs and unemployment rate to remain at 7.6%.The ISM services index declined to 53.1 in April, versus 54.4 in March, missing economists' estimates of 53.7.Factory orders dropped 4.00% in March. However, economists were expecting a 2.90% drop in orders.The Fed's Daniel Tarullo and Jeffery Lacker are set to speak.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.