July 2, 2015 11:51 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.
The Dow rose 0.01 percent to 17,758.91, while the NASDAQ composite index dropped 0.15 percent to 5,005.50. The broader Standard & Poor's 500 index gained 0.02 percent to 2,077.86.The worst performing industries in the market today are:
Consumer Services: This industry declined 2.7 percent by 11:00 am with
Intersections Inc. (NASDAQ: INTX) moving down 10.8 percent. Intersections' trailing-twelve-month ROE is -36.81 percent.
Toy & Hobby Stores: The industry dropped 1.6 percent by 11:00 am. The worst performer in this industry was
Build-A-Bear Workshop, Inc (NYSE: BBW), which declined 1.3 percent. Build-A-Bear's trailing-twelve-month EPS is $0.92.
Sporting Activities: This industry tumbled 1.2 percent by 11:00 am. The worst stock within the industry was
International Speedway Corp (NASDAQ: ISCA), which fell 7.5 percent. International Speedway reported downbeat Q2 results.
Nonmetallic Mineral Mining: This industry fell 1.1 percent by 11:00 am ET.
Foresight Energy LP (NYSE: FELP) shares dropped 3.5 percent in today's trading. Foresight Energy shares have declined 37.87 percent over the past 52 weeks, while the S&P 500 index has gained 4.63 percent in the same period.
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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