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.
On CNBC’s "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners named Delta Air Lines, Inc. (NYSE:DAL), which is scheduled to report quarterly earnings on Wednesday. "Traffic is good, prices are high, should be a good report," he noted.
Delta Air Lines is scheduled to release earnings results for its first quarter, before the opening bell on April 10, 2024. Analysts expect the Atlanta, Georgia-based company to report quarterly earnings at 35 cents per share, up from 25 cents per share in the year-ago period. Delta Air is projected to post revenue of $12.55 billion for the quarter, compared to $11.84 billion in the year-earlier quarter, according to data from Benzinga Pro.
Stephen Weiss of Short Hills Capital Partners named Uber Technologies, Inc. (NYSE:UBER) as his final trade.
On April 8, Wells Fargo analyst Ken Gawrelski maintained Uber with an Overweight and raised the price target from $90 to $95.
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Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC picked Aptiv PLC (NYSE:APTV).
Aptiv is expected to release its first quarter 2024 financial results on May 2, 2024. Analysts expect the company to report quarterly earnings at $1.06 per share, up from 91 cents per share in the year-ago period. The company is projected to post revenue of $5.05 billion.
Price Action:
- Delta Air Lines shares gained 2.1% to close at $47.01 on Monday.
- Uber shares fell 2.8% to settle at $75.03 on Monday.
- Aptiv shares rose 1.8% to settle at $76.07 during Monday’s session.
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Image: Pixabay
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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