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.
J.P. Morgan has lowered its Price Target on Janus Capital Group (NYSE: JNS) to $10 from $12.
According to the report, "We are lowering estimates on Janus. As more time passes, we are getting greater conviction that poor relative performance will negatively impact sales and performance fees, until the period of underperformance reverses. As a result, we are lowering performance fees projections in 2011 and migrating to a negative performance fee projection for 2012. We are maintaining our Underweight rating and are lowering our 2011E and 2012E EPS."
JNS has an Underweight Rating and closed at $11.67 yesterday.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!