About what you'd expect with the move in the S&P in addition to the good GGR numbers out of Macau.
LVS had a good quarter, but it still doesn't appear that good to the average retail investor. LVS had a better Q2 than Wynn did, on a normalized basis, but if you graph both stocks on a 5-day chart (since earnings), you'd never know it.
LVS will remain challenged to break decisively above 60 bucks until it dazzles retail investors with a "lucky" quarter like Q1 2012... or grows so well short of normal luck that it overwhelms the low-information investor's skepticism.
As I've said, if your unlucky long enough, even those who understand the tenets of statistics that impact this industry the most will STILL begin to question it. After 15 years of card-counting, I know full well how long unlucky streaks can last sometimes, but even seasoned analysts will ask Sheldon Adelson if 2.85 to 3.00% hold in Singapore is still reasonable after 5 straight quarters of coming in below that range...
... and I'm here to tell you that there's nothing that says that MBS won't come in below that range for 5 MORE quarters... you just never kinow with bell curves and standard deviations... there's one chance in a lotto drawing that I could lose every hand of blackjack that I play for the next 10 years.
CP... in the end, you just need to keep an eye on the gaming volumes, the foot traffic, the YOY percentage increases in mall revenues and Cotai Arena gate receipts. With a bottom-line guy like Adelson, the EPS will get here at some point and the low-information investors will come running like lemmings.