FBR Capital Downgrades SPX To Market Perform

by Benzinga Staff
October 30, 2014 8:05 AM | 17 seconds 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.

Analysts at FBR Capital downgraded SPX (NYSE: SPW) from Outperform to Market Perform.The price target for SPX has been lowered from $110.00 to $99.00.SPX shares have gained 5.54% over the past 52 weeks, while the S&P 500 index has surged 12.42% in the same period.SPX shares rose 1.01% to close at $96.14 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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Posted In: DowngradesAnalyst RatingsFBR Capital

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