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Superstock Investor
Gold & Energy
Advisor |
[Printable Version of This Page] Wednesday, May 05, 2010 Morning Matters:New Addition To Our Morning Matters Portoflio We are going to add another position with a short bias. Several weeks ago we added an inverse ETF on the market that is paying off handsomely. Now we are going to short a stock in this portfolio. With recent market weakness, this makes sense. Short MGM Mirage (MGM). We noted in the Stock Scorecard this morning that Las Vegas Sands will report after the close and a miss by them will hit the stock price of MGM as well. More...
Market Matters:Europe Is a Mess Asia and Europe lower. S&P 500 and NASDAQ 100 futures are lower by -3.40 and -6.25. Brent Crude is at $84.57 from $87.44 with gold at $1167.90 from $1186.90 and natural gas at $3.99 from $3.98. The Up Dollar ETF (UUP) closed at $24.38 higher by 1.12%. More...
Today's Superstock Investor Stock Scorecard:LAS VEGAS SANDS CORP (LVS) Las Vegas Sands (LVS) reports afte the close. Can you say expensive. This stock has run further from its lows than fundamentals can justify. This should become apparent when earnings are released today. One might want to consider it as a short idea. More...
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