|Day Low/High||51.55 / 56.40|
|52 Wk Low/High||35.84 / 153.41|
The answer to that question depends on several factors, so let's break them down.
How about some potentially positive news... Casinos in Macau are set to reopen Wednesday (Feb. 19), which is expected to provide some relief to casino operators including Las Vegas Sands , MGM Resorts International , Wynn Resorts and Galaxy Enterta...
You can sell any stock that's up and take that money to the bank and no one will say, "sorry that was made off of euphoria, we can't take it."
This market's reaction to bad news has been totally undermined by computer algorithms, passive investing, a high level of liquidity and fear of missing out.
This move by Beijing comes on top of massive injections of liquidity into that nation's financial system earlier this week.
It's no secret that the Fed would like to get out of the short-term repo business.
These sort of panics can be turn out to be lucrative opportunities for investors.
* After the fall... now the hard part * Conviction levels are too infrequently discussed in these parts * There is nothing wrong with saying "I don't know" * I covered much of my short trading book in the belly of yesterday's market decline * Let me...
Let's instead do the kind of security analysis you have to do if you are going to navigate this moment.
Traders are leaving the casino stocks on the news and their charts indicate their prices could slide even more before support develops.
News that the Chinese coronavirus reached us and the Boeing flop have finally pushed us down, but what if it's short-lived?
After a mid-November pop, IGT shares have been consolidating over the past two months.
Here we look at the charts of Wynn Resorts and the recent pullback in Square.
Disney, Qualcomm and Square are among 75 key reports we are watching.
Early this morning, the Macau Gaming Inspection and Coordination Bureau reported September gross revenue rose 0.6% year over year, falling short of the +1% consensus forecast. The weak September performance follows declines in July and August and sh...
With its weak chart pattern and indicators, $60 appears the price target -- so the dice are not bouncing the for the bulls here.
The uptrend that technicians would have confirmed as late as last Wednesday, or even Thursday around mid-day, is now clearly a market in correction.
Does a deal with Eldorado give Caesars all it needs to shift the market share dynamics in the casino industry?
I believe a small wager on CZR shares here is worthy of consideration
Wynn Resorts and Las Vegas Sands are both levered to Macau.
Insider buying by corporate officers should be taken as optimistic visions of the future prospects of their companies and their stock prices.
Wynn aborted talks to acquire Australia's largest casino operator when word of the negotiations leaked, but observers think a deal still may happen.
I think we can all agree that there will be no increase made to the Fed Funds Rate today.
It's centered around a few themed negatives, all forcing their own various uncertainties into free market price discovery.
On Monday Wynn crossed the downtrend line and that's quite a change since I don't have many charts that have done that.
A persistent downtrend this year suggests WYNN stock will see further declines.