Tuesday, September 21, 2021

How to Play the Tidal Wave of Selling After China’s Casino Crackdown

 
September 21, 2021
 
Trade the 'Weekend' Instead
No one wants to work weekends, we get it. But would that change if we learned that we're leaving thousands of dollars of potential profits on the table?

Probably.

Millions of traders, from Wall Street to a home office, grind it out Monday through Friday, waiting for the weekend.


They're neglecting the fact that hundreds and even thousands of dollars are up for grabs every single weekend.

And New Money Crew Head Trader Lance Ippolito has discovered a rinse and repeat plan that anyone with a cell phone and a brokerage account can take advantage of every week.
Don't Waste the Weekend
 
This HOT 'Buy Now, Pay Later' Stock Is Buyable Right Now
This past Saturday, I put a bow on the trading week that included a couple of great trade wins. I also talked about a hot stock I'm watching closely...

Amazon announced recently it will start using this company, and it gapped up big-time. After moving sideways for a bit, the stock gapped up again after reporting monster earnings on Aug. 30.

This stock is buyable right now with a close stop-loss order to protect you from any major selling...
Give Me the Ticker!
 
How to Play the Tidal Wave of Selling After China's Casino Crackdown
It's about that time of the month where we talk about China. More specifically, I want to discuss everything wrong with China's new casino crackdowns.

One of the biggest profit centers for China's domestic economy is gambling. Macau is the only city there where China's high-rollers can legally gamble — making it the only accessible gambling hot spot in the country.  

This has led to Macau being six times more profitable than all of the casinos in Las Vegas combined, dwarfing them in terms of revenue.   

Macau's casino operations also allocate nearly 80% of the local government's tax revenue.

And this past week, the Chinese government announced that it's revising gambling laws to gain more control and local ownership in casinos.
Yet Another Crackdown…
 
"Thanks Roger; You have been a great teacher and Mentor to me!!!! Cheers!!!"

Sean B., M.D.






Technical Analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security's intrinsic value, technical analysts focus on patterns of price movements, trading signals and various other analytical charting tools to evaluate a security's strength or weakness.
 
 
 
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