WYNN
After doing my normal research over the weekend, and preparing for the Week Ahead Webinar, I came up with my normal “Stocks I Really Like” list. This list changes week to week, but does have some of the usual suspects.
I already held a position in all four of the stocks, but was looking to possibly add to my position at the open. Only 1 of the four performed…
We are quietly heading towards those 5 year highs once again as the market finished in the green yesterday. Futures are up again and have been ramping all morning.
China continues to show signs of growth and thats helping fuel US rally:
ECB also kept rates unchanged this morning so no surprises. Another upgrade for AMZN today as well as 2 for WYNN.…
Welcome to December! Looks like we will start the morning in the green as futures are up. China had some more decent numbers overnight and the concerns of China’s economy coming to a crashing halt seem to be fading. Christmas Elf Tim Geithner was on the Sunday Morning talk shows trying to alleviate “Fiscal Cliff” fears. If you read the watchlist every morning you would know my thoughts, that…
It was quite a roller coaster yesterday as the market recovered triple digit loses in the last hour of the day, the biggest swing in 7 months. I keep thinking SPY needed to hit $142 for a bounce, and we almost had it yesterday. Well looks like we will open below that today after another earning miss, this one from Dupont. Futures are deep in the red for the first…
Earnings jitters took hold last week as the market tumbled friday, and some stocks were creamed like GOOG, AAPL. LNKD, PCLN, and other favorites. Despite all this, the market was up fractionally last week. This week should prove very interesting with a tremendous amount of earning reports on deck. If the trend of lowered outlooks and misses continues, the market could continue its fade here. I like the…
So far so good to start this week as the futures are solid green once again. Earnings season is starting to heat up as Goldman Sacks, Coca-Cola, and quite a few other stocks reported earnings this morning, with much more after the bell. Looks like Spain is going to work out a bailout finally. which bodes well for a risk-on environment, at least for the short term. Remember, I…
Wynn Resorts, Limited (WYNN) has provided numerous money making opportunities long and short over the last 12 months (Previous wins here) . It seems sentiment can change like the wind on the stock as concerns over revenues in Vegas and Macau continue to fluctuate. With earnings on the way, it maybe time to get in front of a move, which we think will be to the upside for…
What a day yesterday folks. Big BEN did not disappoint in announcing a new round of QE, this time there is NO LIMIT on the amount of the easing or an end date. It also opened the door for other tools they may use to spur growth. This is big stuff folks… Today you will see a continuation of the chase for performance as folks are going to…
Big Ben did no disappoint yesterday, as the market sold off on his remarks, only to ramp up the rest of the day and finish solid green. The market is still struggling to find direction as worries shift to the US economy. Housing starts were up in June, and now we wait on Big Bens second day, where folks are betting we get some sort of update on QE. Good…
Yesterday was a setup day for the week ahead. CMG WYNN and LNKD we on the watch list yesterday. Lets see how they play out this week. LNKD faded after the opening pop. WYNN and CMG held strong.
Seems like the ANALysts use the watch list as part of their research as both CMG and WYNN were upgraded this morning.
Still like WYNN for earnings, but doesn’t mean bet…



