How Long Before Jobs Recover? – Analyst Blog
Dirk Van Dijk (June 4th, 2009) Writes:
Blog Tomorrow;, Johnson, Market Commentary, Stocks to Watch, WYNN;, Zacks Market Commentaries
Dirk Van Dijk (June 4th, 2009) Writes:
Daniel Shepard (February 5th, 2009) Writes:
Thursday February 5, 2009
Navivest
The stock market seems poised for a big bounce in coming days and on that, we are recommending Wynn Resorts (WYNN).
Tuesday afternoon, we recommended the FEB ’09 30 calls to subscribers of our Options Capitalist service. On Wednesday morning before the markets opened, the stock was downgraded and it gapped down at the open. We promptly rushed out an email telling subscribers to hold.
The stock has done a very good job bouncing off and holding above the $29-30 area and we should see it climb above $30 again in coming days. Today, it is up $1.80 to $28.05 and climbing.
Next week, we may get announcements from the Obama administration that could send the markets up temporarily, so we are looking for Wynn to break nicely above $30. Buy.
This is not a long-term recommendation. Once the WYNN hits the $30.50 area, look
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Daniel Shepard (November 11th, 2008) Writes:
Tuesday November 14, 2008 Navivest
Shares of Wynn Resorts (WYNN) climbed over 5% in after hours trading yesterday, after Standard & Poor’s announced that it will add the company to the S&P 500 index. Stocks tend to rally on such news as it is assumed that money managers who try to track the stock market or match the performance of these indices, will buy the shares of the stocks being added.
This may not necessarily be the case that much these days as there are now single instruments money managers can buy that can effectively track the entire indices.
We have had Wynn Resorts (WYNN) on our watch list as a shorting candidate for the past six weeks and from intra-day lows of $41.50 on Friday 11/07, Wynn shares might open up $2.43 to trade at $49.25 today. That creates a
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