• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

With this coupon Chili’s has effectively taken its $7 price point down to $4.50…..  I’m having a hard time seeing how this can be good news!  If the consumer was inspired by the $7 price point why would you need to provide further incentive!

If you noticed yesterday Keith bought EAT for a TRADE.    It’s consistent with his view of the Consumer Discretionary (XLY) and the market in general.

I continue to be cautious on the early cycle casual dining names!

EAT – DISCOUNTING DISCOUNTS - eatcoupon

EAT – DISCOUNTING DISCOUNTS - eat