Texas Roadhouse (TXRH) Share Price Up With Lower Menu Prices

Yesterday we saw a nice move in the markets.  Small-caps bounced back after a two-day losing streak and the Russell 2000 rose 8.22 points to 570.62, or 1.5%.  The Dow, Nasdaq, and S&P 500 were essentially flat.  This is typical of small-cap stock movement; they tend to lead both to the upside, and to the downside. 

Yesterday's buying in small-caps is a bullish sign: investors are looking to add higher beta stocks to their portfolio when these stocks are down.  The Russell 2000 small-cap index saw 1331 advancing stocks to 621 declining stocks. The buying clearly shows that investors are finding good entry prices for attractively valued small-caps...

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