Tuesday, June 9, 2015

Rolling The Dice At Home

Every time people talk about casinos for the most part they mention WYNN and Las Vegas Sands. Those 2 stocks have fallen on hard times partly due to their overseas business (MACAU) which was a tremendous windfall when they first enter that market.  Boyd Gaming (BYD) and Penn National (PENN) 2 companies that decided to stay at home saw their stock suffered at the beginning but now are benefiting from the lack of overseas exposure.

Technically speaking BYD and PENN are very close to breaking out and as the street starts to realize their recent outperformance which should see sort of an ambulance chase to get on board.


Photo; Scitable

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