June 16, 2014 9:48 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.
Majesco Entertainment Co (NASDAQ: COOL) dropped 10.61% to $1.77. Majesco Entertainment shares have tumbled 51.23% over the past 52 weeks, while the S&P 500 index has gained 19.02% in the same period.DreamWorks Animation SKG (NASDAQ: DWA) shares declined 9.60% to $24.73 after the company announced the launch on YouTube. Karyopharm Therapeutics (NASDAQ: KPTI) fell 6.66% to $43.98 after the company announced that the FDA has found the effectiveness and safety for KPT-335.Yahoo! (NASDAQ: YHOO) shares fell 5.33% to $34.97. Alibaba reported revenue for the year ending March 31 of $8.47 billion and reported Yahoo stake in Alibaba of 22.5% versus 22.6% as of December 31, 2013. Layne Christensen (NASDAQ: LAYN) shares tumbled 5.16% to $14.13 after the company reported a wider first-quarter loss. Layne Christensen posted a quarterly net loss of $27.7 million, or $1.41 per share, versus a year-ago loss of $23.8 million, or $1.24 per share.JD.com (NASDAQ: JD) shares declined 2.23% to $27.17 after gaining 2.28% 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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