*SCALPSWINGSTRADDLE*

[ukie]

Picked up some LVS Feb 52.50 calls @ 1.94
Very quietly, China’s economy is moving back into growth mode. For example, for the first time in two years, China’s economy grew at a 7.9% rate in Q4 – citing a rebound in industrial output, retail sales, and the housing market. If this puts China at the early stages of an economic recovery, then it’ll certainly mean good things for the two biggest China-based resort and casino operators, Wynn (WYNN – NASDAQ) and Las Vegas Sands (LVS – NYSE).
As you can see from the two charts, WYNN is shooting up to new highs while LVS is just starting to bounce. This offers us a great opportunity to move into LVS and play a catch-up effect. If LVS can match the gains of WYNN and break out to new highs, we could have a powerful winner on our hands.