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
- Stamps.com Inc. (NASDAQ: STMP) shares rose 7 percent to $86.50 in pre-market trading as the company reported better-than-expected quarterly results.
- Gigamon Inc (NASDAQ: GIMO) rose 5.5 percent to $44.00 in the pre-market trading session after the company reported stronger-than-expected quarterly results.
- Newell Brands Inc (NYSE: NWL) rose 5.3 percent to $52.00 in pre-market trading after the company reported stronger-than-expected results for its second quarter.
- Alphabet Inc (NASDAQ: GOOGL) rose 4.2 percent to $798.10 in pre-market trading after the company reported stronger-than-expected results for its second quarter on Thursday.
- Alphabet Inc (NASDAQ: GOOG) shares climbed 3.8 percent to $774.00 after the company reported stronger-than-expected results for its second quarter on Thursday.
- Senomyx Inc. (NASDAQ: SNMX) shares rose 3.3 percent to $2.84 in pre-market trading after its second quarter net loss of ($0.05) came in $0.01 lower than expected, while revenue of $6.57 million beat analysts’ consensus by $370,000.
- Amazon.com, Inc. (NASDAQ: AMZN) rose 2.4 percent to $770.50 in pre-market trading after the company reported upbeat earnings for its second quarter.
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Losers
- Seres Therapeutics Inc (NASDAQ: MCRB) shares fell 76 percent to $8.60 in pre-market trading after the company reported interim results from SER-109 Phase 2 ECOSPOR study in multiply recurrent clostridium difficile infection. The study did not achieve primary endpoint.
- Stericycle Inc (NASDAQ: SRCL) shares fell 8.9 percent to $96.50 in pre-market trading. Stericycle reported Q2 adjusted earnings of $1.1 per share on sales of $891.6 million.
- CIGNA Corporation (NYSE: CI) shares fell 8 percent to $125.20 in pre-market trading as the company posted weaker-than-expected quarterly earnings.
- Fortinet Inc (NASDAQ: FTNT) shares fell 7.2 percent to $34.50 in pre-market trading. Fortinet reported Q2 earnings of $0.14 per share on revenue of $311.4 million.
- Expedia Inc (NASDAQ: EXPE) fell 6.5 percent to $111.47 in pre-market trading. Expedia reported better-than-expected earnings for its second quarter, but the company missed analysts’ sales estimates.
- Wynn Resorts, Limited (NASDAQ: WYNN) fell 6.6 percent to $97.74 in pre-market trading. Wynn Resorts posted upbeat earnings for its second quarter on Thursday.
- Western Digital Corp (NASDAQ: WDC) shares fell 3.9 percent to $51.60 in the pre-market trading session. Western Digital posted better-than-expected earnings for its fourth quarter on Thursday.
- Baidu Inc (ADR) (NASDAQ: BIDU) shares fell 3.4 percent to $160.00 in pre-market trading after the company released its Q2 results after market close on Thursday. Baidu reported EPS of $1.22 and revenues of $2.74 billion.
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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