Daily Archives: October 10, 2021

Showing articles 1 - 2 (2 total)

04Aug2:43 pmEST

Rough Nights at the Casino

Don't look now, but Las Vegas Sands has almost completely given back the rally off the March 2020 lows in a rapid-fire pace, not unlike a blackjack player seeing his luck turn before fully realizing it. On the zoomed-out LVS daily chart, below, in front of peers MGM and WYNN both reporting earnings tonight (LVS reported two weeks back) price is...

04Aug10:01 amEST

Going Stag

This morning's notable miss on the ADP jobs number saw and interesting reaction, with gold popping and stocks slumping. While this is far from a broad-based bloodbath (see the Nasdaq hanging tough as usual), gold is on the move again, indeed, perhaps indicating a stagflationary interpretation by markets.  As you know, the stagflation of the...


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