This video provides technical analysis on the the VanEck Vectors Gaming ETF, BKJ, along with charts the 13 individual stocks within that ETF, most of all of which appears to be poised for bear markets measuring well into the double-digits in the coming months+. Key support levels, technical developments to watch for as well as potential price targets are also discussed. For those wishing to skip ahead to a particular trade idea, the following ETF & stocks are covered in this order: BJK, LVS, MGM, WYNN, MLCO, CZR, GLPI, IGT, TSG, SGMS, BYD, CHDN, ERI & PENN. playback speed can be [...]
This video provides analysis of the gaming sector via BJK, VanEck Vectors Gaming ETF and the airline sector via $XAL (Amex Airline Index) as well as some of the individual stocks within those sectors that appear to be setting up as promising short-side swing trading opportunities as well as a few potential long-side trading opps. Long trade ideas will follow in a separate video.
The following Short Trades have either hit one or more profit targets and/or exceed their maximum suggested stop & will be moved to the Completed Trades category, where all associated posts will be archived for future reference. ADP: After reversing about 1.25% shy of the first price target, ADP went on to slightly exceed the suggested stop of 89.65 on Wednesday for a 2.6% loss. For those that gave this one a little more room on their stops, the stock still looks likely to be headed to both price targets in the coming weeks. At this point, best to set/lower stops [...]
The following commentary & chart outline the entry criteria, price target & suggested stop for a trade in GLPI, Gaming & Leisure Properties Inc. Please login or sign up for your free 3-week trial to view.