September 12, 2014 10:17 PM | 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.
, Tim Seymour said that many people see
Target (NYSE: TGT) as a broken stock, but he wants to own it. Seymour explained that the company reported earnings and gave a very conservative guidance. Its Canadian business is broken, but despite all the bad news,
Target is holding at $62.53.Pete Najarian thinks that
Coach (NYSE: COH) could make a comeback. The company has to make some changes and it is changing management and its products. Najarian added that
Coach is trading at a really cheap P/E level and it will probably return back above $40.Brian Kelly likes
3D Systems Corporation (NYSE: DDD) and the 3D printing sector. He believes that this is a revolutionary technology and he wants to be a part of it, so he bought a basket of stocks in the space.Guy Adami said that the coal stocks are struggling since 2012. He believes that
Alpha Natural Resources (NYSE: ANR) has become a lot like an option, only without time period. Buyers own it until it goes to zero or it doubles. The catalyst for a move higher might come on a Credit Suisse conference on Wednesday, added Adami.
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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