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.
U.S. stocks traded mostly higher, with the Dow Jones index gaining around 150 points on Thursday.
Shares of Lamb Weston Holdings, Inc. (NYSE:LW) rose during Thursday’s session following better-than-expected quarterly results.
Lamb Weston posted adjusted earnings of $1.45 per share, beating market estimates of $1.41 per share. The company’s quarterly sales came in at $1.73 billion versus estimates of $1.70 billion.
Lamb Weston shares gained 4.7% to $109.86 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Omega Therapeutics, Inc. (NASDAQ:OMGA) gained 92.7% to $5.26 after Novo Nordisk entered into a research collaboration with the company.
- QuantumScape Corporation (NYSE:QS) jumped 18.5% to $7.70.
- Keros Therapeutics, Inc. (NASDAQ:KROS) rose 15.7% to $47.72. Keros Therapeutics priced upsized $140 million public offering of 3.5 million common shares at $40 per share.
- Dyne Therapeutics, Inc. (NASDAQ:DYN) surged 14.6% to $16.92. Dyne Therapeutics announced an underwritten public offering of $175 million of common stock.
- TMC the metals company Inc. (NASDAQ:TMC) climbed 13.8% to $1.32.
- MINISO Group Holding Limited (NYSE:MNSO) rose 9.7% to $21.87.
- Agiliti, Inc. (NASDAQ:AGTI) gained 9% to $8.03.
- Nikola Corporation (NASDAQ:NKLA) gained 8.4% to $0.8031. Nikola said it produced 42 and wholesaled 35 Class 8 Nikola Hydrogen Fuel Cell Vehicles for US and Canada customers in 2023.
- Peloton Interactive, Inc. (NASDAQ:PTON) rose 8% to $5.81. Peloton Interactive is teaming up with social media platform TikTok in a strategic alliance to expand its customer reach and reshape its brand identity.
- Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) gained 7.8% to $10.44. Recursion added new chemical entity targeting fibrotic diseases to late discovery pipeline.
- Xeris Biopharma Holdings, Inc. (NASDAQ:XERS) climbed 7.8% to $2.4150. Xeris Biopharma said it sees FY23 revenue at high end of previous guidance of $160 million to $165 million.
- Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) gained 7.4% to $34.33. The company recently priced an underwritten registered offering of about 15.79 million shares of its common stock at $28.50 per share, expecting to close around Jan. 5.
- Inspire Medical Systems, Inc. (NYSE:INSP) climbed 7.2% to $177.15.
- Select Medical Holdings Corporation (NYSE:SEM) rose 6.4% to $25.00. Select Medical announced potential separation of Concentra.
- The Allstate Corporation (NYSE:ALL) rose 4.3% to $151.23. Morgan Stanley analyst Michael Phillips upgraded Allstate from Equal-Weight to Overweight and raised the price target from $117 to $171.
Now Read This: Jim Cramer: This Energy Firm Has 'Good Growth, Good Yield' But As For IonQ? Ixnay
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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