What you’re about to read is not a well-known discussion on Wall Street…

While everyone’s obsessing over tech earnings and Fed meetings, I’m looking at restaurant bankruptcies – and you know what?

They’re creating the cleanest recession-proof trade setup I’ve seen all year.

Here’s the thing – when Red Lobster and TGI Fridays go belly up, that market share doesn’t just disappear. It flows directly to the survivors. And as War Room members already know from our earlier TXRH calls, we’ve been positioned for exactly this scenario.

Here’s The Rundown: Restaurant Carnage Creates TXRH Gold

Look, here’s what’s been happening: Over the last year, we’ve watched restaurants like Red Lobster, TGI Fridays, Hooters, On the Border, and Buca di Beppo go under one by one.

You know what this industry consolidation is creating?

Massive market-share expansion opportunities for the survivors like Brinker International (EAT), the owner of Chilis, Darden Restaurants (DRI), the owner of Olive Garden, and Texas Roadhouse (TXRH).

Alright, as War Room members already know – because we’ve been crushing this trade since earlier this year when everyone was panicking about recession – I’ve been pounding the table on TXRH. Here’s why this play keeps getting better…

Why War Room Members Saw This Recession Play Coming

If we’re headed towards a recession, then business could continue booming at Texas Roadhouse (TXRH).

Here’s the rundown on the numbers – and this is where it gets really interesting: According to research firm Technomic, Texas Roadhouse just became the biggest casual dining chain, surpassing Olive Garden (who held the top spot since 2018).

While every other restaurant is seeing foot traffic decline by 0.2% in 2024, Texas Roadhouse is actually growing traffic by 7.2%.

You know what that tells me? This isn’t just market share shifting – this is market share domination.

Look, analyst Jim Salera explained it perfectly: “There’s something about steak that it really rings true to the consumer as still being kind of an elevated or a premium consumption or dining experience.”

Here’s the thing – even in a recession, consumers still want to eat out at steakhouses.

They’ll just scale back their expenses, which lands them at a chain like Texas Roadhouse instead of some $200-per-person fine dining spot.

Look At This Chart Setup (The $183 Zone Is Screaming Buy)

YOUR ACTION PLAN

Look at this chart setup – here’s the rundown: We’ve got a textbook double-bottom in the $183-$185 zone, and War Room members are watching this support level like hawks. This is exactly the kind of technical setup we live for.

Look, we already banked a winner on this setup this morning in the War Room, but this chart is telling me we’re just getting started.

Alright, if you want to hit these winners alongside us, you’re invited to join The War Room – where millionaires trade and where we turn restaurant bankruptcies into our biggest opportunities.