April 24, 2014 8:11 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.
Zogenix (NASDAQ: ZGNX) shares gained 23.84% to $3.48 in pre-market trading after the company reported sale of SUMAVEL DosePro migraine therapy to Endo International (NASDAQ: ENDP) for $85 million in cash and milestone payments of up to $20 million.Zimmer Holdings (NYSE: ZMH) soared 12.96% to $103.30 in the pre-market trading after the company announced its plans to acquire Biomet in a cash and stock transaction valued at around $13.35 billion.Angie's List (NASDAQ: ANGI) surged 9.98% to $14.10 in the pre-market session after the company reported a narrower loss in the first quarter and issued a strong second-quarter revenue outlook.Apple (NASDAQ: AAPL) shares jumped 8.59% to $569.80 in pre-market trading after the company reported stronger-than-expected fiscal second-quarter results and announced a 7-for-1 stock split. The company also lifted its buyback plan to $90 billion from $60 billion. Apple's quarterly profit surged to $10.2 billion, or $11.62 per share, versus a year-ago profit of $9.5 billion, or $10.09 per share. Its revenue also climbed to $45.6 billion versus $43.6 billion.
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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