27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
SANTA MONICA, Calif., Aug. 01, 2017 (GLOBE NEWSWIRE) -- ALG, the industry benchmark for determining the future resale value of a vehicle, projects U.S. revenue from new vehicle sales will reach $47 billion for the month of July, down 3.5 percent from a year ago.
|
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!
ALG expects a decline of $1.7 billion in revenue for automakers versus July 2016. Additionally, incentive spending is projected to increase 4.7 percent.
"Most manufacturers are displaying solid average transaction price gains year-over-year," said Oliver Strauss, ALG's Chief Economist. "VW is the top performing automaker with an expected increase of 5.1% year-over-year, followed by GM and Honda with 3.6% and 2.7%, respectively. Hyundai is experiencing continued pressure with incentive spending increasing more than 20% year-over-year as some sedans are offered with record levels of incentives."
"Overall industry incentive spending as a percentage of average transaction prices is down slightly over the prior month. The positive effect of incremental incentive spend on new vehicle sales may be wearing off as new vehicle sales continue to decline," continued Strauss.
ALG estimates the average transaction price (ATP) for a new light vehicle was $32,989 in July, up 2.1 percent from a year ago. Average incentive spending per unit grew by $160 to $3,565. The ratio of incentive spending to ATP is expected to be 10.8 percent, up from 10.5 percent a year ago but down by a tenth of a percentage point from last month.
Average Transaction Price (ATP)
Manufacturer | July 2017 Forecast | July 2016 | June 2017 | Percent Change vs. July 2016 | Percent Change vs. June 2017 | ||
BMW (BMW, Mini) | $51,848 | $50,540 | $52,184 | 2.6 | % | -0.6 | % |
Daimler (Mercedes-Benz, Smart) | $59,061 | $58,006 | $59,344 | 1.8 | % | -0.5 | % |
FCA (Chrysler, Dodge, Jeep, Ram, Fiat) | $33,550 | $32,879 | $33,361 | 2.0 | % | 0.6 | % |
Ford (Ford, Lincoln) | $35,802 | $34,945 | $36,071 | 2.5 | % | -0.7 | % |
GM (Buick, Cadillac, Chevrolet, GMC) | $37,586 | $36,268 | $37,262 | 3.6 | % | 0.9 | % |
Honda (Acura, Honda) | $27,817 | $27,093 | $27,933 | 2.7 | % | -0.4 | % |
Hyundai | $22,601 | $23,007 | $22,875 | -1.8 | % | -1.2 | % |
Kia | $22,502 | $22,470 | $22,601 | 0.1 | % | -0.4 | % |
Nissan (Nissan, Infiniti) | $27,424 | $26,901 | $27,601 | 1.9 | % | -0.6 | % |
Subaru | $27,451 | $27,868 | $27,770 | -1.5 | % | -1.2 | % |
Toyota (Lexus, Scion, Toyota) | $31,318 | $30,722 | $31,244 | 1.9 | % | 0.2 | % |
Volkswagen (Audi, Porsche, Volkswagen) | $34,437 | $32,754 | $33,000 | 5.1 | % | 4.4 | % |
Industry | $32,989 | $32,301 | $33,150 | 2.1 | % | -0.5 | % |
Buy at this blue line for a shot at trading profitably
There are so many indicators out there on when to buy and sell. Nic uses none. He looks at a chart and buys when a stock “pushes” off this blue line. What blue line? Find out on the next page. It’ll change how you make money from stocks. Click here for the details.
Incentive per Unit Spending
Manufacturer | July 2017 Forecast | July 2016 | June 2017 | Percent Change vs. July 2016 | Percent Change vs. June 2017 | ||
BMW (BMW, Mini) | $4,625 | $5,831 | $4,564 | -20.7 | % | 1.3 | % |
Daimler (Mercedes-Benz, Smart) | $4,857 | $4,685 | $5,057 | 3.7 | % | -4.0 | % |
FCA (Chrysler, Dodge, Jeep, Ram, Fiat) | $4,382 | $4,168 | $4,387 | 5.1 | % | -0.1 | % |
Ford (Ford, Lincoln) | $4,326 | $4,144 | $4,312 | 4.4 | % | 0.3 | % |
GM (Buick, Cadillac, Chevrolet, GMC) | $4,531 | $4,564 | $4,444 | -0.7 | % | 2.0 | % |
Honda (Acura, Honda) | $2,014 | $1,670 | $2,007 | 20.6 | % | 0.4 | % |
Hyundai | $3,249 | $2,570 | $3,192 | 26.4 | % | 1.8 | % |
Kia | $3,468 | $2,718 | $3,437 | 27.6 | % | 0.9 | % |
Nissan (Nissan, Infiniti) | $4,049 | $3,613 | $4,086 | 12.1 | % | -0.9 | % |
Subaru | $1,009 | $667 | $957 | 51.3 | % | 5.5 | % |
Toyota (Lexus, Scion, Toyota) | $2,550 | $2,416 | $2,669 | 5.5 | % | -4.4 | % |
Volkswagen (Audi, Porsche, Volkswagen) | $3,252 | $3,882 | $3,149 | -16.2 | % | 3.3 | % |
Industry | $3,565 | $3,404 | $3,612 | 4.7 | % | -1.3 | % |
Incentive Spending as a Percentage of ATP
Manufacturer | July 2017 Forecast | July 2016 | June 2017 | Percent Change vs. July 2016 | Percent Change vs. June 2017 | |||||
BMW (BMW, Mini) | 8.9 | % | 11.5 | % | 8.7 | % | -22.7 | % | 2.0 | % |
Daimler (Mercedes-Benz, Smart) | 8.2 | % | 8.1 | % | 8.5 | % | 1.8 | % | -3.5 | % |
FCA (Chrysler, Dodge, Jeep, Ram, Fiat) | 13.1 | % | 12.7 | % | 13.1 | % | 3.0 | % | -0.7 | % |
Ford (Ford, Lincoln) | 12.1 | % | 11.9 | % | 12.0 | % | 1.9 | % | 1.1 | % |
GM (Buick, Cadillac, Chevrolet, GMC) | 12.1 | % | 12.6 | % | 11.9 | % | -4.2 | % | 1.1 | % |
Honda (Acura, Honda) | 7.2 | % | 6.2 | % | 7.2 | % | 17.5 | % | 0.8 | % |
Hyundai | 14.4 | % | 11.2 | % | 14.0 | % | 28.7 | % | 3.0 | % |
Kia | 15.4 | % | 12.1 | % | 15.2 | % | 27.4 | % | 1.3 | % |
Nissan (Nissan, Infiniti) | 14.8 | % | 13.4 | % | 14.8 | % | 9.9 | % | -0.3 | % |
Subaru | 3.7 | % | 2.4 | % | 3.4 | % | 53.6 | % | 6.7 | % |
Toyota (Lexus, Scion, Toyota) | 8.1 | % | 7.9 | % | 8.5 | % | 3.5 | % | -4.7 | % |
Volkswagen (Audi, Porsche, Volkswagen) | 9.4 | % | 11.9 | % | 9.5 | % | -20.3 | % | -1.0 | % |
Industry | 10.8 | % | 10.5 | % | 10.9 | % | 2.5 | % | -0.8 | % |
(Note: This forecast is based solely on ALG's analysis of industry sales trends and conditions and is not a projection of the company's operations.)
About ALG
Founded in 1964 and headquartered in Santa Monica, California, ALG is an industry authority on automotive residual value projections in both the United States and Canada. By analyzing nearly 2,500 vehicle trims each year to assess residual value, ALG provides auto industry and financial services clients with market industry insights, residual value forecasts, consulting and vehicle portfolio management and risk services. ALG is a wholly-owned subsidiary of TrueCar, Inc., a digital automotive marketplace that provides comprehensive pricing transparency about what other people paid for their cars. ALG has been publishing residual values for all cars, trucks and SUVs in the U.S. for over 50 years and in Canada since 1981.
Contactpressinquiries@truecar.comVeronica Cardenas 424-258-2487VCardenas@truecar.com
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.