Time for SHAK to Win Its First Championship

If Shake Shack earnings tonight after the bell follow the recent pattern of the likes of BB TWLO TWTR SNAP, among others, we may very well see the trendy burger chain with tons of growth ahead of it finally start to turn heads as its stock turns the corner.

SHAK has actually been improving technically for a while now, not unlike TWTR was too before its own recent earnings win. 

Although I am always reticent to play earnings, I will have a watchful eye on the reaction tonight and tomorrow, as now seems as good a time as any for SHAK to serve up a big win. 

As for the market at-large, the S&P 500 Index is on track to close today above its 50-day moving average, in addition to the Nasdaq surging higher. Bulls are feeling galvanized, once again. But now they must retain the lion's share of recent gains to continue their progress.

More in my recap after the bell, the brief one here and the full one for Members.