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penn New York, November 16th ( - Casino stocks are trading higher by 10.28% versus their previous trading day close. Casino stocks are having a broad rally with 7 out of 7 casino companies trading higher.

Penn National Gaming (NASDAQ:PENN) is the top performer of the casino stocks today trading at $48.7 representing 29.5%. versus the previous trading session. Penn National Gaming, the owner and operator of casinos in Mississippi, and a riverboat gaming facility in Louisiana, shares have defined support at $38.33 and resistance at $43.37.

Ameristar Casinos (NASDAQ:ASCA) is also among the top performers, currently trading at $19.44 representing 15.37% from its previous close. Ameristar Casinos, the gaming company that owns and operates casinos resorts in several states in the U.S. has calculated support and resistance levels at $16.78 and $18.86 respectively.

Casino Stocks worst performers include Wynn Resorts (NASDAQ:WYNN) that is trading at $107.27 or 2.6% from the previous close. The Shares of Wynn Resorts, the luxury casino operator have defined support at $111.82 and resistance at $123.64. Also among the worst performers is MGM Resorts (NYSE:MGM), which so far is trading at $9.66 representing 3.1% from the previous trading session.

Casino stocks are outperforming the broad market S&P 500 Index is currently trading at 1346.17, -7.16 points or -0.53% from the previous trading session.

Technical Scans

Stock Market

o Dow Jones 17,050.75 ▲138.46 (0.82%)
o S&P 500 2,013.43 ▲17.60 (0.88%)
o NASDAQ 4,810.79 ▲19.64 (0.41%)

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,050.75 Trade time:4:29PM EDT Value change:▲138.46 (0.82%)

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,013.43 Trade time:4:29PM EDT Value change:▲17.60 (0.88%)


Company ID [INDEXNASDAQ:.IXIC] Last trade:4,810.79 Trade time:5:15PM EDT Value change:▲19.64 (0.41%)

In The Wires

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