July 31, 2014 7:51 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.
DIRECTV (NASDAQ: DTV) reported better-than-expected second-quarter earnings.The El Segundo, California-based company posted quarterly earnings of $806 million, or $1.59 per share, versus $660 million, or $1.18 per share, in the year-ago quarter. Reported operating profit climbed 5% to $1.42 billion in the quarter.Its revenue climbed 5% to $8.1 billion from $7.7 billion. However, analysts were expecting earnings of $1.54 per share on revenue of $8.01 billion.DIRECTV US revenue climbed 6% to $6.27 billion, while ARPU surged 4.6% to $103.26 in the quarter. Excluding changes in foreign exchange rates, Sky Brasil's revenue climbed 15%, while average number of subscribers increased 7% in the quarter.“Building on our first quarter momentum, DIRECTV delivered yet another excellent quarter of operating and financial results,” said Mike White, President and CEO of DIRECTV.DirectTV shares fell 0.16% to close at $86.25 yesterday.
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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