Goldman did an interesting report earlier today that warm weather did boost the economy in the short term. I Wonder what Goldman thinks about high gas prices and potential wage inflation?
WYNN SHARES HALTED! Wynn filed an 8-K report by mistake this morning. Wynn announced details of a second Macau Land contract (reached an agreement on a new 51-acre property.) Shares open up 7 pts or 6%. Day range of $123-$132.59. 52wk range of $101.02-$172.58. In my opinion, traders were caught short and had to cover on the open. Support level 1 looks to be around $120.4 & support level 2 $117. $125 is a critical support level for the Wynn to hold.
Heavy upside OTM call buying in names WFT and Anadarko.
By Greg Zimny