Amgen, Shell And More On CNBC's 'Final Trades'


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," Amy Raskin of Chevy Chase Trust said Shell plc (NYSE:SHEL) has 12% free
cash flow yield.

On April 5, Shell updated its first quarter FY24 operational outlook, reflecting lower results from its liquefied natural gas (LNG) trading business. For Integrated Gas, the company updated the production outlook to be 960 – 1,000 thousand boe/d (vs. 930 – 990 thousand boe/d expected earlier) and LNG liquefaction volumes to 7.2 – 7.6 MT (vs. 7.0 – 7.6 MT prior). For Upstream, Shell narrowed production guidance to 1,820-1,920 thousand boe/d (vs. 1,730-1,930 thousand boe/d earlier), with shares of profit / (loss) of joint ventures and associates expected to be ~$0.5 billion and exploration well-write offs projected to be ~$0.6 billion, mainly in Albania.

Stephen Weiss of Short Hills Capital Partners named U.S. 2 Year Treasury Note Overview, saying it’s a great place to hide.

Don’t forget to check out our premarket coverage here

Kevin Simpson of Capital Wealth Planning said Amgen Inc. (NASDAQ:AMGN) has a 3.2% dividend yield

On April 12, Truist Securities analyst Robyn Karnauskas reiterated Amgen with a Buy and maintained a $320 price target.

Amgen closed at $267.28 on Friday, April 12; the Thousand Oaks, California-based company achieved a 52-week high of $329.72 on Feb. 5.

Jim Lebenthal of Cerity Partners picked U.S. Dollar Index (NYSE:DXY).

Price Action:

  • Shell shares fell 0.3% to close at $72.44 on Friday.
  • Amgen shares fell 1% to settle at $267.28 on Friday.
  • U.S. Dollar Index shares fell 0.1% to trade at 105.93 during Monday’s session.

Check This Out: Goldman Sachs Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts


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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Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasAmy RaskinCNBCHalftime Report Final TradesJim LebenthalKevin SimpsonStephen Weiss