#$eat

[rezaid123]

[rezaid123]

[abrcapfinancial-blog]

$EAT 2018-08-29 : Transcripts- EAT Edited Transcript of EAT earnings conference call Get Transcripts on your mobile as soon as they are released. Download the Android App below…

[abrcapfinancial-blog]

EARNING UPDATE $EAT Brinker International, Inc. for quarter ending q_Jun18 - Revenue rose but Margins contracted

EARNING UPDATE $EAT Brinker International, Inc. for quarter ending q_Jun18 – Revenue rose but Margins contracted

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on EAT [lwa][/s2If][s2If current_user_can(access_s2member_level0)]Brinker International, Inc. reported earnings (EPS) of 1.01 per share for the quarter ending q_Jun18. This is vis-vis 1.02 per share for the previous quarter ending q_Mar18, a decline of 1 %. Compared to last year same quarter (q_Jun17),…

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[dragonflycap]

Sitting On the Edge of a Move in Brinker

You are correct, that is not a Chili's Grill & Bar.  But the parent company of Chili's, Brinker International ($EAT) is on the brink of a break out.  This is significant because just over 2 weeks ago it did just that.  Following its earnings report the stock shot higher, moving from 45 to 55 in just 3 days.  And since then it has digested that move in a bull flag.

The RSI has moved to overbought and the MACD is moving sideways after a steep move up.  Normally these would make one pause before buying this stock.  And they do still shout caution.  But momentum is a crazy thing.  This stock had been consolidating sideways for nearly a year before the jump two weeks ago.  An old traders saying goes, the bigger the base the higher it goes into space.  

And from the chart you can see a Measured Move out of the flag would target a return to the all-time high from February 2015.  Overbought can get more over bought.  The Bollinger Bands® are turning higher and still wide.  And even after the run up short interest is still over 12%.A move to 64 could easily happen.  

What it takes to get involved in this stock is a break above the flag, over 55.  Until then sit and order an hors d'oeuvres.  And watch out for a break below 53.50.  In that case it may be time for some cliff diving back to the 47 area. 

More at Dragonfly Capital  

[frankzorrilla]

Monday Morning Stock Ideas

These are the stocks on my watch-list today;  EAT, SPN, FTK, LOCO, WPRT, HAL, HP, ATU, IMKTA, PES, HSIC, NDRO, BOX, CAM, CMPR. These are actionable today IF AND ONLY THEY GO THROUGH YESTERDAY’S HIGH.

The Process;

Every morning I go through a few of my scans to find buy candidates for the day.  Depending on the current state of the market the size of the list will vary, usually its no more than 50 names.  My process is based on market structure not on beliefs or myths of what works– or what doesn’t work.  They are certain behavioral patterns that have been around for 100 years that are based on market structure, these behavioral patterns are recognizable, observable, and quantifiable.  On daily basis we have 3,000 stocks that we filter based on certain market structures that gives us an edge of a higher probability than a random outcome.  Once the list is narrowed to a handful of names the market will further narrow down the list by getting us in or keeping us out of these names with a range expansion move.

I don’t look at charts in your conventional cookie cutter manner, or have rules as to where the stock should be whether its 15% off its 52 week highs or above or below certain moving averages etc, in the short term none of that matters.

How much you put at risk per trade depends for the most part what your current outlook is for the market over the next 0-5 days.

Put these names on your trading platform, set the alerts at yesterday’s high for each name, once the alert goes off take a look at the chart, decided within 3 seconds whether or not you are going to buy it, decide how much you want to risk on the trade and your stop loss, hit the buy button, and leave the rest up to the market, wash, rinse, repeat.  Buy’em tight, Sell’em loose.

A few things that you should know about this swing strategy;

—Its main goal is to get you in when stocks are moving and keep you out in choppy/sloppy markets, it is imperative that you allowed the market to get you in only when the stocks go through their previous day’s high.

—Your awareness of how the market is behaving is crucial, this will give you an idea of how hard to push the envelope.  My best indicator for this is my rolling 5 day watch-list.

—Swing trading is a numbers game, you are going to be wrong half the time, risk management is above all, and many times you will have nothing to do because the market did not get you in. We are not looking for any action, we are looking for the right action.

—Don’t be penny wise, don’t try to anticipate a move just because the chart looks good.  You can have a great looking tight set up with a stock coiling for 10 days but who is to say that it won’t coil for another 5 days.  If you anticipate the range expansion you might buy something that is not ready to go and it will only frustrate you and lower your odds of a winning trade.

—For me, this is a one way list – long bias.  I do not look at this list as a long or short list, long and short are two different games with different dynamics.

—You need to be extremely organized.  Most if not all your work will be done pre-market and you will spend the day just executing or you can just automated it with buy orders after 9:45am.

All You Need To Know About These Stocks

Zor Capital LLC is a New York based investment management firm, founded in 2011. Our goal is superior performance, with preservation of capital as our number one priority. Zor Capital manages separate accounts (both taxable and retirement) for accredited investors and institutions. This structure gives clients access to a hedge fund like strategy while maintaining 100% control of their accounts.  Managed Assets

[jdmarkman]

Gas windfall blown on burgers and Buicks

Economist and investors are dying to know what consumers are doing with their gasoline savings windfall. Will they save it, invest it, or splurge with it?

To answer this question, the data analysts over at Bespoke Investment Group first determined how much the windfall is. I won't bore you with all their calculations but basically they determined a total consumption figure then divided by the monthly gasoline retail price and compared last year's level with this year's level.

They figure that roughly $24.4 billion has been saved at the pump since gasoline prices have been falling. And of course that does not include the "perceived" savings to the collective consumer psychology, as studies have shown that there is a multiplier effect in which a single dollar saved ends up feeling like several dollars earned. This is why consumer confidence figures soar disproportionately from a decline in gas prices.

Anyway, of that $24.4 billion saved, Bespoke figures that $21 billion has piled up since October alone, when the gasoline price plunge really got rolling. You can see how the savings have stacked up in the Bespoke-created chart above; the windfall is the green area in the lower right. The blue line is the estimated amount, in billions, consumers are spending on gasoline.

So what have you Americans been doing with your "reverse tax"? Contributing to charities? Saving and investing for the future? No --

You, my fellow Americans, have been eating more. And drinking more. And buying more gas guzzlers. Congratulations, you are blowing your windfall.

According to Bespoke data, which comes from government sources, spending on cars and restaurants are up 8% vs. a year ago, and 4.8% more than all other retail sales. So basically you are spending your extra $24.8 billion on burgers and fries, new wheels, and some fresh upholstery.

The stock group that has benefited most are restaurants, with Wendy's (WEN), Pollo Loco (LOCO), Sonic (SONC) and Jack in the Box (JACK) and Cosi (COSI) performing best this year, up 10% to 76%.. As a group, restaurants have surged 25.6% over the past four months. That is a huge gain in a short period, so you don't want to pile in now. But it's a good concept to put in your back pocket for the next time there is a consumer spending windfall of any kind.

Source: Markman Capital Insight