Monday Mashup

Monday Mashup - CHART 1

RECENT NOTES

8/11/15 SHAK | PLANTING FLAGS

8/10/15 July Restaurant Sales and Employment Trends

8/7/15 BOJA | BO’S DILEMMA

8/6/15 MCD | GETTING MORE BULLISH

8/6/15 WEN | Performing Well for Now

RECENT NEWS FLOW

Friday, August 14

BWLD | Completed previously announced acquisition of 41 restaurants (click here for article)

Beef | U.S. net exports of beef continue to decline (click here for article)

 

Thursday, August 13

YUM | Plans to open 400 new restaurants in Turkey, they currently have 100, of which they own 99 of them (click here for article)

MCD | Increases the size of their quarter pounder by 0.25 ounces to make the burger weigh 4.25 ounces (click here for article)

Wednesday, August 12

SHAK | Announced pricing of secondary offering of 4,000,000 shares at a price of $60.00 per share (click here for article)

 

Tuesday, August 11

SHAK | Raising minimum wages in Washington, DC to $12/hr (click here for article)

WEN | Entered into the previously announced accelerated repurchase program to buy back 14.36 million shares of common stock (click here for article)

JMBA | Is the latest company to join the mobile ordering craze, their new mobile order app will be enabled at 200 locations to start off (click here for article)

FRGI | Named Willie Romeo its first corporate director of off-premise consumption, as the brand intensifies focus on to-go and catering (click here for article)

DNKN | To open two locations in Baton Rouge, to open in Fall 2016 (click here for article)

SECTOR PERFORMANCE

Casual dining and quick service stocks, in aggregate, underperformed the XLY last week. The XLY was up 0.1%, top performers from casual dining were KONA and CHUY posting an increase of 3.5% and 3.0%, respectively, while HABT and KKD led the quick service pack up 7.1% and 5.2%, respectively.

Monday Mashup - CHART 2

Monday Mashup - CHART 3

QUANTITATIVE SETUP

From a quantitative perspective, the XLY looks bearish from a TRADE perspective, but bullish in the TREND duration, with TREND support at 77.34.

Monday Mashup - CHART 4

CASUAL DINING RESTAURANTS

Monday Mashup - CHART 5

Monday Mashup - CHART 6

QUICK SERVICE RESTAURANTS

Monday Mashup - CHART 7

Monday Mashup - CHART 8