2 Uptrending Gaming Stocks Near Support For Traders To Check Out

Wednesday, 14 April 2021, 22:45:02
DraftKings Inc. (NASDAQ: DKNG ) and Penn National Gaming Inc. (NASDAQ: PENN ) are two gaming stocks that have been trending throughout the year, and both are nearing support levels for a possible bounce. Below is a technical analysis for each chart. Is now the time to buy? DraftKings Daily Chart Analysis: The daily chart above shows that the stock has been in a strong uptrending channel throughout the last year. Connecting the lows on the chart shows the steady uptrend the stock has been in throughout the last year. This area was able to hold … Full story available on Benzinga.com
— Benzinga

Goldman Sachs names 40 stocks to buy before they surge to meet its higher price targets – including 5 with more than 50% upside

Sunday, 11 April 2021, 12:30:00
Summary List Placement Markets saw a strong start to the second quarter. The S&P 500 rose to a record high on April 1 and surpassed 4,000 points for the first time on the back of increased confidence in the economy that stemmed from vaccinations and Biden's infrastructure plan. During the first quarter, all 11 stock-market sectors saw gains . Cyclicals were the biggest winners, with the energy, financials, and industrial sectors posting double-digit gains during that period given that they are closely correlated with the fluctuations of the economy. And although the utilities, tech, and consumer staples areas still enjoyed some returns, they ended up performing the worst. However, since reaching record highs, stocks have proceeded to trade in a flat manner. But that might change soon enough as earnings season kicks off this week with big banks like JPMorgan and Bank of America sharing their financial reports with investors. Investors assess earnings to determine a company's profitability and use earnings per share as a metric to estimate its valuation.
— Business Insider

Video: Why Benzinga's Founder Bought Call Options In Penn National Gaming

Wednesday, 7 April 2021, 01:19:17
On the ” Power Hour ” show Tuesday afternoon, Benzinga Founder and CEO Jason Raznick took a new position in Penn National Gaming Inc (NASDAQ: PENN ) live on air. Options Trading: Raznick said he bought call options in Penn National Gaming. When the stock … Full story available on Benzinga.com
— Benzinga

Penn National Gaming Stock Looks For Support: Technical Levels To Watch

Monday, 29 March 2021, 22:15:15
Penn National Gaming Inc. (NASDAQ: PENN ) shares pulled back Monday, … Full story available on Benzinga.com
— Benzinga

Dave Portnoy's Rise As A ‘FinTwit' Influencer

Sunday, 28 March 2021, 19:23:01
Influencers on Finance Twitter have seen a rise in popularity recently as retail traders have turned to the social media platform for trading advice. Benzinga is pointing out some of the biggest names, in a series on these “FinTwit” influencers. This week, it's “Davey Day Trader” Dave Portnoy. A watermelon and pizza connoisseur, who last week inadvertently filmed a Chicago carjacking while taste-testing a passerby’s McDonald’s Spicy McChicken sandwich, is followed not only for his entertainment value but also for his trading advice. His Focus: As founder of BarStool Sportsbook, a partner of Penn National Gaming, Inc. (NASDAQ: PENN ), it’s not surprising Portnoy’s trading is focused on the sports betting sector. He does weigh in on other sectors, however, and recently supported retail traders as they tried to take on the Wall Street elite by running up meme stocks. Man Of The People : Portnoy and VanEck Vectors, a U.S. investment firm, recently launched … Full story available on Benzinga.
— Benzinga