Looking at the charts for the major steakhouse stocks, of the “steakhouse quartet” of BLMN (Outback) DFRG (Del Frisco’s) RUTH (Ruth Chris) TXRH (Texas Roadhouse), it appears that TXRH has distinguished itself from the group this summer and fall.
The entire group had been performing quite well into the spring months before the first three began to sell off.
Texas Roadhouse has earnings coming up this October 28th.
Headed into tomorrow, keep an eye on high/tight bull flags in ABT ALGN LGND as long ideas.
Feel free to leave me your trading ideas, long or short. for Thursday, below in my comments section.
____________________________________________
cinnamon butter bread 4TW. Love me some TXRH
Yeah you right! Not as good as Copeland’s alligator cheesecake, though.
Chess, speaking of cooking, check out this link: someone made a Breaking-Bad style browser game. It’s free and pretty cool (I think). No hidden surprises from the link:
http://clickingbad.nullism.com/
Wow. That looks like a great site for me to spend a few hour at. Thanks, ultra!
Sure! Careful, Chess, the site is addicting. Fortunately you can run it in the background (that’s what I do at home).
Will do!
Mmmm….off-menu mac & cheese from Del Frisco’s…..
http://www.youtube.com/watch?v=_krNJUjBfjk
Chess, wonder if anyone took the LOGI earnings trade today (earnings late after close-> “better than expected”…almost 18M shares short and almost 2 months to cover. not a stock that closely followed i guess? think any impact tomorrow?
Thanks for the heads up. Could be a big squeezer.
i hope so!
Good luck!
thx
Have a look at STKS – great concept steakhouse that just started trading last week. Announcement here – http://finance.yahoo.com/news/committed-capital-acquisition-corporation-announces-200200159.html