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Tuesday, January 18

5% trades ideas. LVS and BAC

I am long this 2 stocks again today after the pullback.

LVS target to $55.

BAC target to $15.5

Macau gaming seems to be back in the limelight, estimated growth at 50% this month to an all time high of $2.86 billion.

Chinese new year is just round the corner and the asian tigers will definitely roar. Singapore MBS is going to outperform and Macau too. I am very bullish on LVS.

The stock is trading at the 20DMA line and this is a possible reentry point for those who have missed the last rally.

BAC is an earnings play, after the disappointing citi earnings, I think BAC has been beaten down and any good CC will help lift BAC on the 21st.

 

CHINA TOWN restaurant is so crowded.

012014

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