iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Short the Hot Vegas Summer

The following is just a small excerpt from my latest Weekly Strategy Session (please click on that hyperlink for details about trying it out). which I published for members and 12631 subscribers this past Sunday. 

 The best short ideas I see are still in the major casinos. You will note how badly they have lagged the snapback rallies in the leaders and strength in the Dow and S&P of late. If we do get that market weakness especially this week, I would be looking at CZR LVS MGM MPEL WYNN as short ideas.

Also note the potential for major topping out patterns in play.

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