Macao.Probably UAL, WYNN has some China exposure which is making people nervous about it. Its not a Chinese company, but they do a lot of their business there.
Macao.Probably UAL, WYNN has some China exposure which is making people nervous about it. Its not a Chinese company, but they do a lot of their business there.
I'm sitting here looking at the recovery plays I didn't buy and asking myself why. TCOM and MLCO were the only stocks on the list I gave that I didn't buy. Those are up 5-6% today. Apparently, the market is believing that China doesn't care to overregulate those stocks, and that covid is over there.Guess Ill let UAL fly me to the moon. Their 3 year chart is more comforting.
LCID getting hammered premarket, as PIPE investor lockup expires today.
Looking for entries at $15 (psychological) and $13 (technical) support levels for a day / swing trade.
Welcome back. I took all of July off. I should have done the same for August.Almost labor day, time to put the whites away close up the hamptons house and head down the sunrise to the city and start making some money (LI references just for Sanrith) . Will be back trading next week, seems like break was forever but all I missed was a total yawn fest of a melt up.
Just halted down. Hope you grabbed some profit !