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Las Vegas Sands Gets Dealt A Bad Hand Today



January 18, 2011 – Comments (0)

Las Vegas Sands Corp.(NYSE:LVS) is trading lower today despite the major stock indexes trading higher. Las Vegas Sands stock is trading lower by 0.80 cents to $47.23 a share. The stock has steadily declined throughout the day after a small gap higher open. LVS will have short term intra-day support around the $46.50 level. This level is a spot on the chart where traders can look for a small intra-day bounce in the stock.

Wynn Resorts Ltd.(NYSE:WYNN), and MGM Resorts International(NYSE:MGM) are the other other two leading casino stocks in the gaming sector. Both of these stocks are trading slightly lower on the day.

Nicholas Santiago

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