Casino Stocks Crap Out
Nicholas Santiago | Feb 06, 2013 10:57AM ET
Many of the leading casino stocks, today, are declining lower after a report was released that China may target junket or trip operators with links to organized crime. Junket operators help drive gamblers to the Macao casinos.
WYNN Resorts Limited (AERL ) and Galaxy Entertainment Group Ltd. (GXYEY). Traders should keep these stocks on the radar as they are all still in an uptrend on the charts. At this time, today's decline seems to be nothing more than a reactionary pullback on a negative news report.
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