Fast Money Picks For December 12

by Benzinga Staff
December 12, 2014 7:22 AM | 29 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.

On CNBC's Fast Money, Dan Nathan said that Costco Wholesale Corporation (NASDAQ: COST) posted good earnings results, but he is looking to place a bearish bet. He bought a January put spread on Thursday.Steve Grasso thinks that NXP Semiconductors NV (NASDAQ: NXPI) is a buy. The stock fell 0.26 percent on Thursday. Karen Finerman likes Rentech Nitrogen Partners LP (NYSE: RNF) after it jumped 5.91 percent on the news that the CEO is leaving the company.Guy Adami wants to buy the weakness in Spirit Airlines Incorporated (NASDAQ: SAVE), which dropped 6.21 percent on Thursday.

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: CNBCMediaDan NathanGuy AdamiKaren FinermanSteve Grasso

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