Atlantic City Vacation
Some of you are wondering where I was the last few days. I decided in a moments notice last Wednesday to just pack and leave to the Atlantic City, NJ for much needed vacation with my wife. We dined at fabulous restaurants, received massages, slept late everyday and of course some business (gambling) was taken care of.
My favorite establishment is Harrah's network of casinos which includes: Bally's / Caesars / Harrahs / Rio / Sheraton / Showboat / Paris / Horseshoe / Harveys / Grand Casinos / Flamingo. Currently, my favorite casino stock is Las Vegas Sands (LVS) but I should look into Harrahs as well. The truth is that casino stocks have been outperforming the general market for a long time. They all look expensive to me right now.
You all know that the market is closed tomorrow (Monday 9/4). I will be receiving my chemo all day. But I will be updating my blog tomorrow with YTD performance figures. Remember that next Monday is 9/11. I sure hope nothing happens.
NTE just took a hit on Friday. Over-reaction is what it was. To most of you who did not buy NTE yet, this should be a welcome gift. Buy at this price and hold on. You need to understand the value when you see one. It will probably trade higher next week. Buy.
EXPEZ is on fire! We are up big in a short time. I am not going to say I told you so. And the ride is just beginning. If you still do not own this, try to buy in the $5's if possible.
I feel that QQQQ is over-extended. It needs to rest before setting up the next trend. As per my last Saturday's (8/26) note, QQQQ had a good run last week. Too good. We should see some downward pressure soon. Please remember that the big boys will join the party next week. Volume will rise and prices will jump up and down needlessly. Great for traders.
My favorite establishment is Harrah's network of casinos which includes: Bally's / Caesars / Harrahs / Rio / Sheraton / Showboat / Paris / Horseshoe / Harveys / Grand Casinos / Flamingo. Currently, my favorite casino stock is Las Vegas Sands (LVS) but I should look into Harrahs as well. The truth is that casino stocks have been outperforming the general market for a long time. They all look expensive to me right now.
You all know that the market is closed tomorrow (Monday 9/4). I will be receiving my chemo all day. But I will be updating my blog tomorrow with YTD performance figures. Remember that next Monday is 9/11. I sure hope nothing happens.
NTE just took a hit on Friday. Over-reaction is what it was. To most of you who did not buy NTE yet, this should be a welcome gift. Buy at this price and hold on. You need to understand the value when you see one. It will probably trade higher next week. Buy.
EXPEZ is on fire! We are up big in a short time. I am not going to say I told you so. And the ride is just beginning. If you still do not own this, try to buy in the $5's if possible.
I feel that QQQQ is over-extended. It needs to rest before setting up the next trend. As per my last Saturday's (8/26) note, QQQQ had a good run last week. Too good. We should see some downward pressure soon. Please remember that the big boys will join the party next week. Volume will rise and prices will jump up and down needlessly. Great for traders.
posted by Jaewoo | 11:55 PM
1 Comments:
I think you got the stock symbol for Las Vegas Sands wrong (LAV).
It is *not* LAV, but rather LVS. Just thought i would point that out.
-Joseph
Post a Comment
<< Home