WYNN is expected to rise significantly in Q4 as rates/oil peak; positioning before Middle East property opening is advised to capture potential move to $120.
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Therefore, a stock like Wynn Resorts, once oil and interest rates peak and start to decline, I think Wynn's stock will make a big jump in the fourth quarter. It is a very sensitive stock to interest rates, extremely sensitive indeed.
So, yes, interest rates matter a great deal to Wynn. Nobody wants to own Wynn stock when its two-year and ten-year returns keep rising. So, when this shift happens and things start to take a different course, Wynn's stock will experience a very strong rise.
And remember, people can still take positions in Wynn stock before the Middle East real estate market opens , because not taking a position carries a significant risk, if you are interested in Wynn stock .
Not everyone cares, but for the real traders of this stock, it's best to position yourselves before that property opens in the Middle East , because you don't want to hear that business is suddenly going crazy.
And when the talk starts about reservations and so on, suddenly you'll find Wynn's stock at the $120 level. She would say, "I had a chance to get in when it was the seventies or eighties and I just sat back , didn't I ?" So, yes, Win's stock.
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