June 5, 2013 4:19 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.
Some of the stocks that may grab investor focus today are:Wall Street expects Brown-Forman (NYSE: BFB) to report its Q4 earnings at $0.46 per share on revenue of $861.73 million. Brown-Forman shares gained 0.35% to close at $68.48 yesterday.Mattress Firm Holding (NASDAQ: MFRM) reported upbeat fiscal first-quarter results. Mattress Firm shares surged 3.78% to $38.98 in the after-hours trading.Analysts are expecting Ascena Retail Group (NASDAQ: ASNA) to have earned $0.30 per share on revenue of $1.17 billion in the third quarter. Ascena Retail shares rose 0.01% to $20.09 in after-hours trading.Bazaarvoice (NASDAQ: BV) reported a FQ4 adjusted loss of $0.12 per share, versus a year-ago loss of $0.08 per share, in the year-ago period. Its revenue surged 38% to $43.3 million. Bazaarvoice shares jumped 4.67% to $8.30 in the after-hours trading session.Analysts expect Hovnanian Enterprises (NYSE: HOV) to post a Q2 loss at $0.05 per share on revenue of $408.61 million. Hovnanian shares gained 1.34% to $6.05 in after-hours trading.
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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