Why I'm shorting casino stocks into year-end
| The $15 Billion Tax Dodge Nobody's Talking About | By Prof. Jeffrey Bierman, CMT
I'm short Las Vegas Sands at 67. | Caesars is down. Wynn has been sliding all month. The entire casino sector is underperforming while the S&P grinds higher. | Nobody's asking why. | The answer isn't in the charts. It's in Washington. | Lobbyists are pushing to regulate and slow down the proliferation of gambling across the United States. | The casino industry generates $54 billion annually. About 30 to 40 percent of that revenue gets moved into tax havens overseas. | That's $15 billion the government never sees. | Congress knows. They don't like it. | Here's why I expect Las Vegas Sands to hit the mid-fifties. | | P.S. I know the algos hijack your trades. Now I've built the only system that sees them coming—before they strike. The Genesis Cog detected Nike's 10% pop when JP Morgan was slashing targets. It caught Micron's 48% surge when analysts said there was no catalyst. It shorted Boeing at $180 before the 28% collapse. | 👉 [See the Cog fire live in your private strategy session] |
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