October 22, 2015 12:01 PM | 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 1.26 percent to 17,384.54, while the NASDAQ composite index gained 1.44 percent to 4,909.72. The broader Standard & Poor's 500 index gained 1.23 percent to 2,043.79.The worst performing industries in the market today are:
Sporting Goods Stores: This industry declined 5.6 percent by 11:00 am with
Cabelas Inc (NYSE: CAB) moving down 14.1 percent. Cabelas reported weaker-than-expected Q3 results.
Long-Term Care Facilities: The industry dropped 5.2 percent by 11:00 am. The worst performer in this industry was
Envision Healthcare Holdings Inc (NYSE: EVHC), which declined 35 percent. Envision Healthcare reported weaker-than-expected Q3 results and lowered its FY15 earnings outlook.
Publishing - Books: This industry tumbled 3.3 percent by 11:00 am. The worst stock within the industry was
Pearson PLC (ADR) (NYSE: PSO), which fell 4.7 percent. JP Morgan downgraded Pearson from Overweight to Neutral.
Home Health Care: This industry fell 3.2 percent by 11:00 am ET.
Amedisys Inc (NASDAQ: AMED) shares dropped 6.8 percent in today's trading. Amedisys shares have surged 87.72 percent over the past 52 weeks, while the S&P 500 index has gained 4.77 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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