Have done ok investing in casino stocks in the past. Currrently don't like them....
9-9-2010: WYNN 89.87
WYNN RESORTS Symbol: Nasdaq:WYNN Last Trade: 89.87Last Trade Time: 09-09-10 10:47:55
Pre-Market Update ? Gapping Stocks ( WYNN, GS, BRCM, INTC, AAPL ) Written by Gerard Lerod Thursday, 09 September 2010 07:44 New York, Sep 9th (TradersHudddle.com) ?
Casino stocks outperformed the market yesterday, and today are seeing continuation of their rally, this despite the Las Vegas Sands (NYSE:LVS) downgrade yesterday. Wynn Resorts (NYSE:WYNN) is trading higher in pre- market update by close to 1% from its Wednesday close. No specific catalyst is moving the stock, just plain market strength with buyers bidding up the stock and sector. Wynn has appreciated close to 10% in the last 5 days and will be opening just shy of the $90 level.
9-9-2010: WYNN 89.87
WYNN RESORTS Symbol: Nasdaq:WYNN Last Trade: 89.87Last Trade Time: 09-09-10 10:47:55
Pre-Market Update ? Gapping Stocks ( WYNN, GS, BRCM, INTC, AAPL ) Written by Gerard Lerod Thursday, 09 September 2010 07:44 New York, Sep 9th (TradersHudddle.com) ?
Casino stocks outperformed the market yesterday, and today are seeing continuation of their rally, this despite the Las Vegas Sands (NYSE:LVS) downgrade yesterday. Wynn Resorts (NYSE:WYNN) is trading higher in pre- market update by close to 1% from its Wednesday close. No specific catalyst is moving the stock, just plain market strength with buyers bidding up the stock and sector. Wynn has appreciated close to 10% in the last 5 days and will be opening just shy of the $90 level.