September 29, 2014 9:59 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.
In a report published Monday, Stifel analyst John Larkin reiterated a Buy rating on
Universal Truckload Services (NASDAQ: UACL), and raised the price target from $34.00 to $35.00.In the report, Stifel noted, “In an 8-k filed Friday afternoon, Universal provided an updated outlook for 3Q14 revenue and EPS. The company now expects to earn between $0.42 and $0.45 in EPS on $300-$310 million in revenue. The company cited strength in their transportation and intermodal segments, with relative stability in their logistics segment. This range is fully above our previous expectations for both revenue and EPS (we had previously modeled $0.40 in EPS on $278 million in revenue). The Street consensus estimates prior to the company's release had called for $0.42 in EPS on $287 million in revenue.”Universal Truckload Services closed on Friday at $23.24.
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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