January 8, 2016 11:33 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 0.34 percent to 16,570.60, while the NASDAQ composite index climbed 0.46 percent to 4,710.95. The broader Standard & Poor's 500 index gained 0.39 percent to 1,950.63.The worst performing industries in the market today are:
Electronics Stores: This industry declined 3.3 percent by 11:00 am with
CONN'S, Inc. (NASDAQ: CONN) moving down 6.3 percent. On Thursday, CONN'S reported a 2.5 percent gain in its total retail net sales for the month ended December 31, 2015.
Cement: The industry dropped 3.2 percent by 11:00 am. The worst performer in this industry was
Cemex SAB de CV (ADR) (NYSE: CX), which declined 3.2 percent. Cemex shares have dropped 52.93 percent over the past 52 weeks, while the S&P 500 index has declined 4.97 percent in the same period.
Toy & Hobby Stores: This industry slipped 2.1 percent by 11:00 am. The worst stock within the industry was
Build-A-Bear Workshop, Inc (NYSE: BBW), which fell 2.2 percent. Build-A-Bear's trailing-twelve-month profit margin is 4.87 percent.
Sporting Goods Stores: This industry fell 1.4 percent by 11:00 am ET.
Performance Sports Group Ltd (NYSE: PSG) shares dropped 6.6 percent in today's trading. Performance Sports Group is expected to report FQ2 results on Thursday, January 14, 2016.
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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