UPDATE: Magna Posts Increase In Q4 Profit, Lifts Dividend

by Benzinga Staff
March 3, 2014 6:04 AM | 16 seconds 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.

Magna International (NYSE: MGA) reported a 31% rise in its fourth-quarter profit and lifted its dividend.Magna's quarterly net income surged to $458 million, or $2.03 a share, versus $351 million, or $1.49 a share, in the year-ago period.Its revenue gained 14% to $9.17 billion.Magna shares closed at $89.12 on Friday.

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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