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.
In a report published Monday, Jefferies analyst Emlen Harmon reiterated a Hold rating on Hancock Holding Company (NASDAQ: HBHC), and raised the price target from $31.00 to $32.00.
In the report, Jefferies noted, “While reported earnings in 2Q13 were a little light on higher than expected expenses, the company maintained longer-term guidance including run-rate annual expense saves of $50mm by 4Q13 and flat-to-down quarterly EPS over the near-term. However, our estimates for '13 and '14 are each down a dime, as cost saves appear to be developing slower than expected, and absolute earning asset growth could be limited by mix-shift.”
Hancock Holding Company closed on Friday at $32.90.
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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