March 24, 2014 7:59 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.
Analysts at Morgan Stanley downgraded NetApp (NASDAQ: NTAP) from “equal-weight” to “underweight.” The target price for NetApp has been lowered from $47 to $31. NetApp's shares closed at $37.80 on Friday.Analysts at Deutsche Bank downgraded Loews (NYSE: L) from “buy” to “hold.” The target price for Loews has been lowered from $53 to $51. Loews shares closed at $44.23 on Friday.Jefferies downgraded American Electric Power Company (NYSE: AEP) from “buy” to “hold.” The target price for American Electric Power has been lowered from $52.50 to $50.50. American Electric Power's shares closed at $48.89 on Friday.Analysts at Goldman Sachs downgraded Tiffany & Co (NYSE: TIF) from “conviction buy” to “buy.” The target price for Tiffany has been lowered from $101 to $100. Tiffany's shares closed at $90.73 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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