January 16, 2014 7:45 AM | 1 min read
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 Thursday, Morgan Stanley analyst Nigel Coe reiterated Overweight on United Technologies Corp. (NYSE: UTX), with a price target of $121.00. According to the report, the analysts expect no drama with in-line 4Q and FY14e reiteration. A conservative EPS set-up, attractive end markets through 2016 and discounted valuation sets the stock up well into 2014.“We expect an inline quarter, with a $1.52 EPS estimate, a penny below consensus of $1.53,” the report noted. “We see little change to management's assumptions from the Dec Analyst Day, which is largely supportive of accelerating organic growth across the board. We see 6% and 4% org. growth at Otis and CCS, respectively. At Otis, we see Equipment sales outpacing Service, consistent with past quarters, which puts modest pressure on margins. Importantly, China E&E orders should continue to remain strong. On the Aero side, we believe moderating military declines and stable aftermarket trends should combine to drive Q/Q improvement at both Aerospace segments, though we see some risk to our ~10% organic growth estimate at UTAS.”UTX closed Wednesday at $114.07 with shares trading up at 1.28 percent.
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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