May 14, 2015 10:39 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.
At 10:30 am, the Dow gained 0.89 percent to 18,221.07, the broader Standard & Poor's 500 index moved up 0.71 percent to 2,113.31 and the NASDAQ composite index rose 0.81 percent to 5,022.06.The industries that are driving the market today are:
Synthetics: This industry moved up 2.2 percent by 10:30 am. The top performer in this industry was
Lightbridge Corp (NASDAQ: LTBR), which gained 6 percent. Lightbridge shares have dropped 63.66 percent over the past 52 weeks, while the S&P 500 index has gained 11.12 percent in the same period.
Foreign Utilities: The industry gained 1.8 percent by 10:30 am. The top performer in this industry was
Eni SpA (NYSE: ENI), which gained 1.1 percent. Eni's PEG ratio is 0.86.
Silver: This industry rose 1.7 percent by 10:30 am ET. The top performer in this industry was
Silver Standard Resources Inc. (USA) (NASDAQ: SSRI), which gained 7.2 percent. Silver futures gained 1.71 percent to trade at $17.52 an ounce.
Publishing - Books: This industry jumped 1.6 percent by 10:30 am. The top performer in this industry was
Pearson PLC (ADR) (NYSE: PSO), which rose 2 percent. Pearson's trailing-twelve-month revenue is $7.52 billion.
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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