SO YOU WANT TO TRADE!

Keith’s model:

RT - shark jumping line is $7.19
YUM - is the scariest big cap chart in the federal league, breaking $36.07 brings in the quant sellers
EAT - broke a critical momentum factor level today at $19.98 FYI, bearish, on the trading margin
DPZ - still looks like Balboa of your group, big time support for the champ at $12.64 needs to hold

My view of the “trend vs. trade” - The third quarter is going to be sequentially worse than the second quarter for most casual dining companies. The most used excuses for the dismal results will be: the July 4th shift, the Olympics, no stimulus checks, the economy, commodity inflation….. QSR will hold up better, but nothing is immune. DPZ - “Mom, order a pizza I want to watch the Olympics.”

Glossary of terms:

Shark is jumping: The phrase has been used more recently outside the realm of popular culture, representing anything that has reached its peak and has turned mediocre. If one thinks a stock or a sports team or a sub cultural phenomenon has reached its peak, for example, one can say that it has "jumped the shark." - Wiki

Federal league: The Federal League was the last major attempt to establish an independent major professional baseball league in the United States in direct competition with the established National and American Leagues in 1914 and 1915. Although there were a few attempts after this (notably the Mexican League in 1946–1947 and the proposed Continental League), nothing was as direct and serious as the Federal League. Major League status was retroactively applied to the Federal League in 1968. – Again Wiki

Balboa: Do I really need to!

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