As the year winds to a close and partisan gridlock continues to dominate Capitol Hill, conversation on Wall Street has been concerned with what impending legislature will mean for the stock market in the year ahead. While some experts have predicted that the year will end with a rally, others anticipate that things will shift…

Between high inflation, a labor shortage and supply bottlenecks, is the post-Covid “recovery” that gave mid-cap stocks a boost ending not too long after it started? Not so fast. Yes, Rising prices, particularly rising energy prices, could limit economic growth in the coming year. But it may not mean a recession is around the corner.…

Quarterly earnings typically bring increased volatility to equities, and October is proving to be no exception. When choppiness on Wall Street goes up, market participants pay more attention to exchange-traded funds (ETFs) that invest in bonds. Bond ETFs tend to provide a level of stability as regular stock prices shoot in any direction. Most InvestorPlace…

Driven by a few factors, the outlook of DraftKings (NASDAQ:DKNG) stock has definitely improved. Source: Tada Images / Shutterstock.com Nonetheless, I’m still worried about the company’s bottom line, and I think that the stock’s current valuation likely reflects the company’s long-term potential. One factor that has made DKNG stock a better bet is the declining…

“Da da da da…” NFL football is back! Today marks the start of a new season for football fanatics everywhere. For fans of sports betting stocks, this happens to be a season to watch as well. Source: sutadimages / Shutterstock Shares of major sports betting stocks, including Penn National Gaming (NASDAQ:PENN), Caesars Entertainment (NASDAQ:CZR) and…

There’s nothing better than finding a great combination of growth and value in a stock. Unfortunately, it’s usually one or the other — a tradeoff depending on the situation. This tradeoff isn’t always the case though, and some S&P 500 stocks have a unique combination of both traits.  It allows investors to relish in the…

Good morning and welcome to the stock market today! The sun is shining on Wall Street, and the major indices are once again approaching all-time highs. It seems that the market is still riding the vaccine wave after a historic FDA approval yesterday. So considering all this, what will the stock market do today? Source:…

Source: Maridav/Shutterstock, Inc. There’s been a spate of mergers and acquisitions among gambling stocks this year, with one of the most high-profile deals announced on Aug. 9. That was when fantasy sports and online gambling operator DraftKings (NASDAQ:DKNG) announced it would acquire Golden Nugget Online Gaming (NASDAQ:GNOG) for $1.56 billion in an all-stock deal. Golden…

News of DraftKings (NASDAQ:DKNG) getting into the non-fungible token (NFT) business may have given its shares a boost late last month. But that’s not the main thing to focus on with DKNG stock. The future of the company’s sportsbook operations is still the main driver. For now, it appears set to remain one of the…

Investors in DraftKings (NASDAQ:DKNG) are discovering that investing in the online sports betting sector is a gamble in and of itself. Since going public, DKNG stock weathered the pandemic with an absence of live sports for customers to bet on.   Source: Tada Images / Shutterstock.com That allowed a range of competitors to get their online betting games…

PENN stock may be down almost halfway from its high-water mark. Yet, placing a wager on Penn National’s (NASDAQ:PENN) rebound is far from a sure thing. Yes, it does have big exposure to the iGaming (online casinos and sportsbooks) megatrend. Its land-based casinos are also set to recover. But even after its big decline, both factors…

If you’re going to place a wager in Penn National Gaming (NASDAQ:PENN), today’s sharper money play is to go with the ’da bears. Let’s review what’s happening in PENN stock, then offer a well-placed long debit put spread for solid offensive profits on the under and an equally strong defensive line for the over. Let…