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. stock futures were higher this morning, with the Dow futures gaining by over 100 points on Monday.
Shares of Oxford Industries, Inc. (NYSE:OXM) fell sharply in today’s pre-market trading as the company reported downbeat financial results for its fourth quarter and issued weak guidance for the first quarter.
Oxford Industries posted adjusted earnings of $1.90 per share, missing market estimates of $1.95 per share. The company’s sales came in at $404.40 million versus expectations of $408.18 million, according to data from Benzinga Pro.
Oxford Industries shares plunged 6% to $105.68 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
- Applied Therapeutics, Inc. (NASDAQ:APLT) shares tumbled 14.7% to $5.80 in pre-market trading after the company announced that the FDA extended the review period for the NDA for govorestat for the treatment of Classic Galactosemia by three months.
- CleanSpark, Inc. (NASDAQ:CLSK) shares fell 12.3% to $18.60 in pre-market trading after declining over 8% on Thursday. Cantor Fitzgerald analyst Josh Siegler maintained Cleanspark with an Overweight and raised the price target from $10 to $20 on Thursday.
- Trump Media & Technology Group Corp. (NASDAQ:DJT) shares declined 4.9% to $58.95 in pre-market trading on continued volatility following the stock's Nasdaq debut.
- Ocugen, Inc. (NASDAQ:OCGN) shares fell 4.8% to $1.56 in pre-market trading after declining around 8% on Thursday.
- MicroStrategy Incorporated (NASDAQ:MSTR) shares fell 4.5% to $1,627.53 in pre-market trading. MicroStrategy shares fell over 11% on Thursday following a short report from Kerrisdale Capital.
- Bit Digital, Inc. (NASDAQ:BTBT) shares declined 4.2% to $2.75 in pre-market trading after gaining around 15% on Thursday.
- Toyota Motor Corporation (NYSE:TM) shares fell 3.6% to $242.68 in pre-market trading. Toyota Motor said its worldwide sales, including Lexus, fell 6.9% in February.
- Cipher Mining Inc. (NASDAQ:CIFR) shares declined 3.7% to $4.96 in pre-market trading after falling over 3% on Thursday. Canaccord Genuity analyst Joseph Vafi reiterated Cipher Mining with a Buy and maintained a $5.5 price target.
Now Read This: Oxford Industries, PVH And 3 Stocks To Watch Heading Into Monday
Don’t forget to check out our premarket coverage here
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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