July 28, 2014 5:55 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.
Nissan Motor Co (OTC: NSANY) reported a 13.4% gain in its first-quarter operating profit. The Japan's second-biggest car maker posted a quarterly operating profit of 122.6 billion yen ($1.20 billion), beating analysts' estimates of 109.1 billion yen.Its revenue climbed 11% to Y2.47 trillion in the quarter.Nissan's vehicle sales in the quarter surged 14.1% to about 350,000 vehicles in the United States, while global sales climbed 6% to 1.24 million.Nissan's sales in Japan declined 2.7%, while sales in Asia surged 19.1% in the quarter. Its average incentive offering per vehicle came in at $2,323 for the quarter, TrueCar reported.For the financial year ending March 2015, the company stuck with an operating profit outlook of 535 billion yen.Nissan's operating margin was 4.8% in the last financial year. Nissan shares fell 0.82% to close at $19.44 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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