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.
Restaurants:
- 47 percent of the most reviewed Delivery Restaurants across the 15 largest U.S. cities currently have online ordering enabled on their Yelp pages, marking a modest increase from 46 percent in January.
- Of the most reviewed take-out restaurants, Platform penetration ticked down for the third straight quarter to 4.7 percent from 5.3 percent in January and 5.8 percent last September.
- In major cities (Boston, Chicago, Los Angeles, New York City, Philadelphia and San Francisco) 10.3 percent of all restaurants offer online ordering on their Yelp pages, up from nine percent in January.
Beauty/Spas:
Hotels:
- Approximately 65 percent of leading U.S. hotels offer online bookability on Yelp, marking a decrease from 69 percent in January.
- Including Yelp's entire hotel directory across the 15 largest cities, 27 percent of hotels offer bookability on Yelp (ranging from 38 percent in San Jose to 20 percent in San Antonio
Final Thoughts
Transaction growth momentum will "hinge" on Yelp adding new partner and categories along with better consumer awareness of the Platform functionality. However, transactional revenue to Yelp from Platform will likely remain "small" in the near-term.Shares remain Outperform rated with an unchanged $62 price target.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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