Laying the Cards on the Table: What to Watch from Eldorado, Caesars, Markets

TheStreet

Happy Monday! 

As Wall Street returns from the weekend, investors have a hand of wildcards to play this week. Action Alerts PLUS senior analyst Jeff Marks and research analyst Zev Fima break down what you need know.

Jim Cramer and Katherine Ross have the morning off. 

What to Watch in the Markets

It will be quite the week heading into the end of the second quarter with G20 and President Trump's meeting with Chinese President Xi set to begin on Friday amid increasing tensions between the U.S. and Iran. 

While the market has remained fairly positive, it won't take much to send the Dow spinning in either direction. 

If nothing else, Marks breaks down the one thing investors need to watch this week. 

Eldorado Makes a Bet on Caesar's 

Eldorado (ERI - Get Report) confirmed ti will pay $12.75 a share in a $17.3 billion merger with competitor and Real Money Stock of the Day Caesar's (CZR - Get Report) , creating the largest owner and operator of U.S. gaming assets. 

The deal will see the combined group split 51% to 49% between the two shareholder groups. 

Does this mean competitors Wynn (WYNN - Get Report) and Las Vegas Sands (LVS - Get Report) and their investors should expect a dose of bad luck? 

Related. Caesars Soars as Traders Hail Eldorado Resorts Deal

Earnings Watch Begins

Like it or not, another earnings season is ready to kick off. Marks breaks down what to expect from Lennar (LEN - Get Report) , FedEx (FDX - Get Report) and Micron (MU - Get Report) , which are all expected to report on June 25. 

Related. A Week of Wildcards

A Bit About Today's Host, Zev Fima

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