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.
Gainers
ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) rose 14.23 percent to $23.20 in pre-market trading after gaining 0.30 percent on Thursday.
Centrus Energy Corp (NYSE: LEU) shares rose 13.89 percent to $3.69 in pre-market trading following the announcement of a $32 million contract
Qlik Technologies Inc (NASDAQ: QLIK) shares rose 7.89 percent to $28.79 in pre-market trading. Reuters on Friday reported Qlik Technologies is exploring strategic alternatives, including a sale of itself as the company has come under pressure from a major shareholder and activist investor, Elliott Management.
Alder Biopharmaceuticals Inc (NASDAQ: ALDR) shares gained 9.14 percent to $18.75 in pre-market trading after the company reported upbeat Q2 results.
Cal-Maine Foods Inc (NASDAQ: CALM) shares rose 7.24 percent to $53.75 in pre-market trading after the company reported better-than-expected Q3 results.
Yahoo! Inc. (NASDAQ: YHOO) shares gained 1.69 percent to $35.45 in pre-market trading. Microsoft Corp (NASDAQ: MSFT) executives are said to be in early-stage talks with potential investors to provide financing for a takeover of Yahoo, according to a source as reported by Reuters on Sunday.
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Losers
GameStop Corp. (NYSE: GME) shares fell 6.54 percent to $28.29 in pre-market trading. GameStop reported better-than-expected earnings for its fourth quarter, but the company missed analysts’ sales estimates. The company issued a weak outlook for the current quarter.
VirtualScopics Inc (NASDAQ: VSCP) shares fell 5.13 percent to $4.25 in pre-market trading after the company agreed to be acquired by BioTelemetry, Inc. (NASDAQ: BEAT) for a total purchase of around $15.5 million.
ENSCO PLC (NYSE: ESV) shares fell 2.83 percent to $10.30 in pre-market trading. Centene Corp. (NYSE: CNC) will replace Ensco in the S&P 500 after the close of trading on Tuesday, March 29. Susquehanna downgraded Ensco from Neutral to Negative.
Performance Sports Group Ltd (NYSE: PSG) shares fell 2.40 percent to $3.25 in pre-market trading. Bank of America downgraded Performance Sports Group from Neutral to Underperform.
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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