May 27, 2015 8:19 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.
Michael Kors Holdings Ltd (NYSE: KORS) shares dropped 12.84 percent to $52.81 in pre-market after the company reported weaker-than-expected earnings for the fiscal fourth quarter and issued a downbeat forecast for the current quarter.
Workday Inc (NYSE: WDAY) fell 8.37 percent to $84.75 in pre-market trading on Q1 results. Workday posted a Q1 a non-GAAP net loss of $0.02 per share, versus a non-GAAP net loss of $0.13 per share. Its total revenue climbed 57 percent year-over-year to $251.0 million.
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FireEye Inc (NASDAQ: FEYE) shares tumbled 1.84 percent to $44.33 in pre-market trading after the company reported a $600 million convertible notes offering.
Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) shares declined 1.44 percent to $6.15 in pre-market trading after falling 1.58 percent on Tuesday.
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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