Pinball Game Action off Dave & Buster's

The rally in Dave & Buster's (PLAY) this morning after earnings stands in stark contrast to recent articles circulating about how millennials have effectively ruined casual dining.

While it is certainly true that Dave & Buster's is a nontraditional casual diner, the reality is that when we look at, say, a Texas Roadhouse, below on the daily chart, reports of the death of casual dining may be greatly exaggerated (depending on how you precisely define "causal" dining, that is). 

Either way, TXRH is a sound long setup if the broad market does not experience much more dipping into the FOMC next week. 

Elsewhere, I am looking to see whether gold bugs can support the initial, slight dip in gold miners this morning. In order for yesterday's rally in miners to actually mean something this summer, they are going to need to pounce on any slight weakness going forward.