Morning Market Losers


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.


SunLink Health Systems, Inc. (NYSE: SSY) shares fell 29.63 percent to $0.950. On Monday, SunLink Health Systems reported a Q1 loss of $0.16 per share on sales of $20.472 million. Osiris Therapeutics, Inc. (NASDAQ: OSIR) dipped 21.19 percent to $11.02. Brean Capital downgraded Osiris Therapeutics from Hold to Sell, while establishing a price target of $8. Sophiris Bio Inc (NASDAQ: SPHS) shares dropped 15.02 percent to $1.98. Sophiris Bio reported a Q3 loss of $0.22 per share. Dicks Sporting Goods Inc (NYSE: DKS) shares tumbled 15.49 percent to $34.49 after the company reported weaker-than-expected earnings for the third quarter and issued a weak forecast. China Advanced Constructn Mtrls Grp Inc (NASDAQ: CADC) fell 14.71 percent to $2.32. China Advanced Construction reported a Q1 loss of $0.50 per share on revenue of $13.5 million. Urban Outfitters, Inc. (NASDAQ: URBN) slipped 13.96 percent to $19.50 after the company reported downbeat sales for the third quarter. However, the company reported in-line quarterly earnings. Oconee Federal Financial (NASDAQ: OFED) shares fell 12.70 percent to $16.50. Oconee Federal Financial posted FQ1 earnings of $0.25 per share on revenue of $5.1 million. Clovis Oncology Inc (NASDAQ: CLVS) shares declined 10.27 percent to $27.14 after dropping 69.59 percent on Monday. Goldman Sachs downgraded Clovis Oncology from Buy to Neutral and lowered the price target from $123.00 to $23.00. athenahealth, Inc (NASDAQ: ATHN) shares fell 4.99 percent to $154.84. Barclays downgraded AthenaHealth from Equal-weight to Underweight and lowered the price target from $140.00 to $110.00. Angie's List Inc (NASDAQ: ANGI) shares dropped 3.97 percent to $9.44 after the company reported that its board has unanimously determined not to pursue the IAC/InterActiveCorp (NASDAQ: IACI) proposal.

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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