August 1, 2022 @ 7:17 pm | Breaking News, Jubak Picks Portfolio |
I ended my recent post “This looks like the Bear Market rally I’ve been waiting for” on my subscription JubakAM.com site by saying “Enjoy the ride but look to sell shares of companies that look most exposed to the return of recession/high...
October 29, 2021 @ 7:49 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My sixty-second YouTube video “Quick Pick MGM Resorts International” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
March 15, 2021 @ 7:38 pm | Breaking News, Jubak Picks Portfolio, MGM |
Shares of MGM Resorts International (MGM) are up 15.16% since I added them to my Jubak Picks Portfolio on February 11, 2021. I don’t think the gains are done for this casino and hotel stock. Today I’m raising my target price to $48 a share from the current...
February 11, 2021 @ 7:41 pm | Breaking News, Jubak Picks Portfolio, MGM |
I’m taking advantage of today’s drop in shares of MGM Resorts International (MGM) after yesterday’s earnings report to add these shares to my new Millennial Portfolio. The stock dropped on bad pandemic performance from the company’s Las Vegas...
November 23, 2020 @ 6:59 pm | Breaking News, MGM |
Saying on Sunday that the coronavirus surge in Nevada is running at wildfire levels, Governor Steve Sislak announced new restrictions to start on Tuesday and that will run for three weeks. The new rules will require casinos, amusement and theme parks, arcades, bars,...
June 25, 2018 @ 7:06 pm | Breaking News, Jubak Picks Portfolio, MGM, Sell |
I still believe in all the catalysts that I touted for MGM Resorts International (MGM) for late this year–yes, the company’s new Macao casino will give the company more exposure to that market, yes, a wave of states legalizing sports gambling plays to...
June 15, 2018 @ 10:32 pm | Breaking News, Jubak Picks Portfolio, MGM, Update |
Shares of MGM Resorts International (MGM) peaked for 2018 (so far) at $38.03 on January 29, 2018 and since then the trend has been brutally downward. The stock’s 50-day moving average broke below its 200-day moving average (a moment that technical analysts...
February 19, 2018 @ 7:25 pm | Breaking News, Jubak Picks Portfolio, MGM, Volatility |
Tomorrow’s earnings report from MGM Resorts International (MGM) could be make or break for the call options that I hold on this stock in my Volatility Portfolio. The options have been all over the block in recent weeks from up 50% to down 30% on market...
December 13, 2017 @ 7:07 pm | Breaking News, Jubak Picks Portfolio, MGM |
The first ten days of December have been strong for gaming revenue in Macao. That has led investment company Sanford Bernstein to project that gaming revenue in Macao will climb 21% to 23% for the month. That would be stronger than expected–and bodes well for...
September 6, 2017 @ 7:07 pm | Breaking News, Jubak Picks Portfolio, MGM |
Casino revenue in Macao climbed by a year over year 20% in August, marking a 13th consecutive month of growth–despite two typhoons the left half of the city without power and water for as many as four days. Analysts had been looking for 17% to 22% growth in...
July 21, 2017 @ 6:03 pm | Breaking News, Jubak Picks Portfolio, MGM |
Effective July 26, MGM Resorts International (MGM) will join the Standard & Poor’s 500 stock index to replace Reynolds American (RAI), which is being acquired by British American Tobacco. (That means that all funds that track the S&P 500 index will...
November 8, 2016 @ 2:00 pm | Breaking News, Jubak Picks Portfolio, MGM, Update |
MGM Resorts International (MGM) hit a new 52-week high during intraday trading on November 7. The stock is now up 119.96% since I added it to my Jubak Picks portfolio back on May 4, 2012. Shouldn’t I just take my profits and run? Well, Yes if all the catalysts...