January 26, 2014 9:01 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.
This may have been a shorter work week for some, but that didn't stop the tech industry from pumping out some notable headlines.
Google (NASDAQ: GOOG) took the lead this week, but not for the most positive reason. Gmail, its hugely popular e-mail service, went down for the first time in 2014.The search engine giant also made headlines after a rumor claimed that Bitcoin will come to Google Wallet. In the land of all things
Apple (NASDAQ: AAPL), TrendForce told Benzinga how a larger iPhone will pose a significant threat to
Samsung (OTC: SSNLF).Activist investor Carl Icahn purchased $500 million worth of Apple stock.
Lenovo (OTC: LNVGY) acquired
IBM's (NYSE: IBM) x86 server business.
eBay's (NASDAQ: NASDAQ) CEO said that he would like to keep PayPal within the eBay family (despite an offer from Carl Icahn to spin it off).
Amazon (NASDAQ: AMZN) denied a rumor claiming that it wanted to get into the pay-TV business.
Microsoft (NASDAQ: MSFT) was voted the most trusted and reliable company in technology.
Hewlett-Packard (NYSE: HPQ) revived Windows 7.Last but not least,
Verizon (NYSE: VZ) purchased the pay-TV tech that
Intel (NASDAQ: INTC) developed but no longer wanted.Disclosure:
At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.
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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