Dykstra: Double Play on Gambling, Chocolate
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Today the Fed will make a key decision with major implications for the economy and the stock market. While it's difficult to project how the market will react, I believe it's important to focus on areas of strength.
Casinos such as Wynn(WYNN Quote) and MGM Mirage (MGM Quote) have had extraordinary growth this year, with growth in the sector largely aided by international expansions.
Gambling continues to prosper worldwide, yet International Gaming(IGT Quote), the world's largest producer and marketer of slot machines and other electronic gaming devices, has been down on the year, and the stock closed at $43.50 Tuesday. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,303.05 | 1,090.43 | 2,132.33 | 32.16 |
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SPDR Gold
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