GO
Loading...

Web Extra: No Longer Leaving Las Vegas?

The traders are closely watching the action in Wynn and other casino stocks after commentary from Steve Wynn suggested the fortunes of casino stocks could soon turn around.

Speaking on a conference call Wynn said, "This is the first time on the conference call that I'm going to say I believe that we've seen the bottom in Las Vegas. I don't know how fast it's going to get better, but I don't think it's going to get any worse."

He went on to add, "And we had a really nice October too."

What's the casino trade? Find out in this web extra. Watch the video now!

This content is only available online - you won't find these trades on TV.





______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On November 4, 2010, the day this video was recorded, following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Cortes is short (AAPL); Cortes owns (GOOG); Cortes owns (K); Cortes owns (TSN); Cortes owns (CLX); Cortes owns U.S. Treasuries; Cortes owns U.S. Dollars; Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Finerman's Firm Is Short (IJR); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (IWM); Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm Is Long S&P 500 Puts; Finerman Owns (AAPL); Finerman's Firm And Finerman Own (BAC); Finerman's Firm Owns (CMI); Finerman's Firm Owns (M); Finerman's Firm Owns (MCD); Finerman's Firm Owns (SKS); Finerman's Firm Owns (HAIN); Finerman's Firm Owns (YUM)

For Brian Kelly
Accounts managed by Kanundrum Capital own (TLT)
Accounts managed by Kanundrum Capital own (TIP)
Accounts managed by Kanundrum Capital own (JEF)
Accounts managed by Kanundrum Capital own (TD)
Accounts managed by Kanundrum Capital own (GLD)
Accounts managed by Kanundrum Capital own (GDXJ)
Accounts managed by Kanundrum Capital own (SLV)
Accounts managed by Kanundrum Capital own (CLF)
Accounts managed by Kanundrum Capital own (ANDE)
Accounts managed by Kanundrum Capital own (GPRE)
Accounts managed by Kanundrum Capital own (JJG)
Accounts managed by Kanundrum Capital own (HD)
Accounts managed by Kanundrum Capital own (PCL)
Accounts managed by Kanundrum Capital own (XHB)
Accounts managed by Kanundrum Capital own (FCX)
Accounts managed by Kanundrum Capital own (JO)
Accounts managed by Kanundrum Capital own (EWH)
Accounts managed by Kanundrum Capital own (CLF)
Accounts managed by Kanundrum Capital own Euros
Accounts Managed By Kanundrum Capital Own (POT) Calls
Accounts managed by Kanundrum Capital are short Japanese Yen

For Patty Edwards
Edwards owns (BRK.B) for clients
Edwards owns (FCX) for clients
Edwards owns (GS) for clients
Edwards owns (JWN) for clients
Edwards owns (MCD) for clients
Edwards owns (SBUX) for clients
Edwards owns (WFMI) for clients

For Brian Stutland
Stutland owns (BAC), short calls
Stutland owns (CBOE)
Stutland owns (GS) bonds
Stutland owns (MCD), short calls
Stutland owns (SBUX), short calls


For Paul Ashworth
***No Disclosures***

For Mike Ryan
***No Disclosures***

For Carter Worth|
***No Disclosures***

For Joe Lavorgna
***No Disclosures***

For Whitney Tilson
Funds managed by Tilson own Berkshire Hathaway
Funds managed by Tilson are short (OPEN)



CNBC.com with wires

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report