Gambling in Front of the FOMC

On an otherwise slow-bouncing market into the Fed fireworks tomorrow, with some distraction via the OMER TSLA rallies and the gold miner divergence we looked at earlier, we saw some intriguing sector rotation again below the surface. 

The casinos, and not just the major ones, are heating up.

As an example, the "locals" Vegas casino operator, RRR, below on the weekly chart shows us it is not just LVS MGM WYNN rallying. RRR could easily be breaking its massive post-IPO base higher now. 

Ironically, the market seems to be gambling it up with casinos into The Fed. 

More after the bell in my recap.