It's been a while since The Stock Trading Advisor has announce any buying trades. Over the past 1-2 months, we've been selling off counters at decent profits and waiting for the right opportunity to enter. Do not worry, no, we have not forgotten how to buy.
A few days again Apple seems to trading at a good discount, all thanks to the unfortunate news about Steve Jobs. I would have enter to add more Apple positions at the price but given that Jobs's condition is a mystery now, it's best not to add an additional risk factor into the equation.
Many of you would already have known my interest in the gaming industry and particularly in Las Vegas Sands. Price for this counter have been on a steady decline since 11 January, dropping from a high of $51.05 to yesterday's low of $44.11. I'm expecting to see strong support coming in around the $44 mark and seeing this counter start trending upwards yet again with more economy recovery proof.
It'll also be interesting to take a look at LVS result which I'm expecting at the end of the month. Key points to look out for will be Singapore's Marina Bay Sands performance and signs of improvement in Las Vegas strip.
Buy Las Vegas Sands @ $44.90
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