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DIS (ESPN) - Sports Betting Season in common with CHDN, PENN, BY

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Walt Disney Company (The) (NYSE:DIS)  
Pokethebear  
NYSE:DIS   Walt Disney Company (The)
Trend Analysis Technical Indicators Beyond Technical Analysis sports DIS CHDN PENN BYD dividend S&P 500 (SPX500) NASDAQ 100 CFD september
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trendanalysis indicator beyondta sports dis chdn penn byd dividend spx500 nas100 september
DIS
Disney who owns ESPN has a few commonalities with sports betting and that's the NFL season ( Sept. - Feb.)

* Last Sept. to Feb was a strong run for the markets, so comparisons used here to show sector trend.
* Overlay SP500, NAS100 to know better than market
* Overlay sports betting Churchill Downs (CHDN), Penn Gaming (PENN), and Boyds (BYD) Gaming
* Current trend is with US states approving sports betting, not gambling is not used in legislative wordings....
* NFL season creates more betting than any other sport. ( except cricket mate...right?, Rugby7's, World Cup of Darts, no?!)
* BYD pays ~ 0.7% Div., PENN no Div., and CHDN pays a ~2.3% Div, but DISNEY, who owns ESPN pays a ~ 3.0% Div. yield
* BETA for betting is quite high, while DIS is low and near SP500 / NAS100 lines excluding the compounding dividend.
* Don't bet, just invest. This sector in risky with aggressive ups.

Comments for self. Post one comment if you look at this please (like/agree/disagree/fan/funny/WOT).
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