Casinos stocks are plunging

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Las Vegas Sands Corp. (NYSE:LVS) - Hold with a stop-loss at $36. Fresh exposures may be avoided, as the short-term outlook is bearish. A close below $36 would impart further weakness and a subsequent test of $34.61 ( 52-week low ) is not ruled out. The trend would turn positive only a close above $39.81. Long positions may be considered on a daily close above this level.
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Wynn Resorts, Limited (NASDAQ:WYNN) - The short term scenario is not encouraging for the investors. The stock has broken uptrend support in the $147 to $145 range. In other words, the long-term trend has turned negative. This is the confirmation of the trend reversal.  Keep an eye on the $101 level for signs of support.
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Melco Crown Entertainment Ltd (NASDAQ:MPEL) - Technically there is no reason to take exposure in this stock as there is no evidence of the reversal of the ongoing downward move. For now, it would be better to stay away from this stock. The near-term outlook is bearish and the stock could drop to the $7-$6.80 range. 
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Ameristar Casinos, Inc. (NASDAQ:ASCA) - The near-term trend is bearish and the drop below $15.10 confirmed the weak outlook. $14.48 is a crucial level. Breakdown will result in a greater fall.
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Other stocks to watch :

US Earnings Calendar for Tuesday, October 4

Callidus Software Inc - CALD
Global Payments Inc - GPN
Kingtone Wirelessinfo Solution Holding Ltd - KONE
Landec Corp - LNDC
Premier Exhibitions Inc - PRXI
Resources Connection Inc - RECN
Yum! Brands Inc - YUM

New 52-week Low stocks

BAC - BANK OF AMERICA CORP
MS - Morgan Stanley Dean
AA - ALCOA INC
VALE - Vale S A ADR
MGM - Mgm Resorts Int
GLW - CORNING INC
FTR - Frontier Communication
AMAT - Applied Materials
XRX - XEROX CORP
PBR - PETROLEO BRASILEIRO SA
IPG - INTERPUBLIC GRP OF COS
HAL - HALLIBURTON CO HLDG CO
LUV - SOUTHWEST AIRLINES CO
RIMM - Research in Motion
ACI - ARCH COAL INC
WFT - Weatherford International
BBD - BANCO BRADESCO SA ADS
STX - Seagate Tech
ANR - ALPHA NATURAL RESOU
SLB - SCHLUMBERGER LTD
DOW - DOW CHEMICAL CO
STT - STATE STREET CORP
AKS - A K STEEL HOLDING CORP
JDSU - JDS Uniphase Corporation
JNPR - Juniper Networks
MOS - Mosaic Company
SU - SUNCOR ENERGY INC
POT - POTASH CORP SASKATC
BK - Bank Ny Mellon
PCX - Patriot Coal Corp
HL - HECLA MINING CO
ESRX - Express Scripts, Inc.
HIG - Hartford Financial
CAT - Caterpillar Inc
MDR - MCDERMOTT INTL INC
PCS - MetroPcs Communication
ATML - Atmel Corporation
BTU - PEABODY ENERGY CORP
JCI - JOHNSON CONTROLS INC
LNC - LINCOLN NATIONAL CORP
DNR - DENBURY RESOURCES INC
FST - FOREST OIL CORP
DE - DEERE & CO
DHI - Horton DR Inc
CLF - Cliffs Natural Resources
VLO - VALERO ENERGY CORP NEW
SID - Companhia Siderurgia
AIG - AMERICAN INTERNATIONAL
MYL - Mylan Inc
VHC - PASW Inc.
NBR - Nabors Industries Inc
URBN - Urban Outfitters, Inc.
RIO - RIO TINTO P L C
HUN - HUNTSMAN CORPORATION
IVZ - INVESCO LTD
WLL - WHITING PETROLEUM CP
TCK - Teck Recs B
LYB - Lyondell Basell Ind
OXY - OCCIDENTAL PETROLEUM
BBY - BEST BUY CO INC
GS - GOLDMAN SACHS GROUP
CNQ - Canadian Natural Resources
BX - Blackstone Group LP
TSL - Trina Solar Ltd
OVTI - OmniVision Technology
DNDN - Dendreon Corporation
CNX - CONSOL Energy Inc
AMP - AMERIPRISE FINANCIAL
JNS - Janus Capital Group...
EMR - EMERSON ELECTRIC CO
PWE - Penn West Ptrolm
CREE - Cree, Inc.
FSLR - First Solar Inc
TLM - TALISMAN ENERGY INC
STJ - ST JUDE MEDICAL INC
ZION - Zions Bancorporation
ETFC - E*Trade Financial Inc
SWN - SOUTHWESTERN ENERGY CO
ECA - EnCana Corp
HES - AMERADA HESS CORP
RIG - Transocean Ltd
MTL - MECHEL OAO
MWW - Monster Worldwide Inc
EOG - EOG Resourses
DVN - Devon Energy Cp
MTW - MANITOWOC CO INC
AKAM - Akamai Technologies
NIHD - NII Holdings Inc
GFA - Gafisa SA  5
BPO - Brookfld Office
WU - Western Union
MBT - MOBIL TELESYSTEMS
SWKS - SKYWORKS SOLUTNS
SOHU - Sohu.com Inc.
NG - NOVAGOLD RESOURCES INC
BHP - BHP Billiton Ltd
KMX - CarMax Inc
TER - TERADYNE INC


Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.  
As always, good luck !
AC
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