July 30, 2014 9:04 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.
Public Service Enterprise Group (NYSE: PEG) reported weaker-than-expected second-quarter earnings.The Newark, New Jersey-based company posted a quarterly profit of $212 million, or $0.42 per share, versus a year-ago profit of $333 million, or $0.66 per share. Excluding certain items, its operating earnings climbed to $0.49 from $0.48 per share. PSEG's operating revenue declined 2.6% to $2.25 billion. However, analysts were estimating a profit of $0.51 per share on revenue of $2.24 billion. For the full year, PSEG projects earnings to be at the upper end of its forecast of $2.55 to $2.75 per share. Analysts expected earnings of $2.74 per share.PSEG shares fell 0.16% to $37.00 in pre-market trading.
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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