Ticker Tape Digest

Professional Report”

Friday -  October 1, 2021

By Leo Fasciocco -- TTD

   Ticker Tape Digest presents its daily stock market report containing stocks to go long as Breakout Trades, Quick Trades, or Bargain Accumulation Trades.

  We also feature stocks under Significant Accumulation that are poised to breakout.

   The TTD report also contains stocks to short as  breakdown plays and as bargain (swing trade) shorts.

  Investors should  tend to try to go with a strategy that fits with the stock market's trend, unless there is a special situation play.

  TTD's Breakout Stocks - Long are most suitable for aggressive investors seeking ideal entry points into leading stocks, especially during bull markets. They can do extremely well in bull markets with gains of as much as several hundred percent.

 These stocks can also do extremely well during strong market rallies, or if they are in a industry group that is performing very well. They tend to have strong earnings outlooks and are near new-52 week, or all-time highs.

  TTD Swing - Quick Trade Stocks - Long These are leading issues that have pulled back in recent days, but could move higher soon. They are most suitable for Aggressive Investors willing to trade short term. These stocks will do extremely well during market advances. They have about 74% win rate. During market rally sequences the win rate is even higher. The return is small 3% to 8% in just a few days.

   TTD also presents Stocks To Sell or Sell Short. These issues are suitable for aggressive investors willing to take short positions both as trades or for longer-term plays. These stocks will do very well during bear markets or market pull backs.

  TTD's Bearish breakdown stocks to sell short. These issues have potential to fall sharply. They often show a technical breakdown and also some fundamental business problem such as weak earnings.  

 TTD's multi-media updates include a slide-show that presents charts and analysis at midsession. Some times TTD presents feature analysis on stocks and the market. TTD uses Windows Media Files. (WMV).

 TTD also presents a "Breakout Watch List" that is up dated daily. This list consists of key stocks in position to breakout. A close watch of this list can put you in the stock just as it breaks out. A good idea is to study the list and be ready to move into a stock quickly as it hits its breakpoint.

TTD often suggests using stop buy orders to enter. It is very important to buy a breakout stock as close as possible to the breakpoint. The idea is to get "elbow room" if the stock should follow through to the upside. This is very important in being successful in making big money with breakout stocks.

It is also essential to have a stop loss strategy for all stocks in which positions are taken. Not every stock will work as expected. It is important for investors to "police" their portfolios and avoid getting trapped in any bad positions.

 Quality rating of breakout  Two key factors: 1 - Stock near all-time high in price or near a 52-week high. 2 - earnings growth current year is strong. The ideal play is a stock with an Above Average Quality Rating. The stock is near a new high and will have strong earnings. TTD's other ratings are Average and Below Average.

   TTD also has  special feature sections on  Educational Tips on Investing.

   To email Mr. Leo Fasciocco  leo@tickertapedigest.com.   

   For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-878-8381 or 480-704-3331.

Friday - October 1, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   - 11

Quality of Breakouts -  Below Average.

Stocks Screened - 12,234

Bull side - Large list of breakouts, but very selective.

Stock market  -  Daily and weekly market averages are bearish, monthly holds bullish.

Comment -  Stock market in a clear down trend. Bulls be conservative and watchful. October tends to be bearish.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  None.

Stock Market Momentum

(Daily is based on a moving average)

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action

(The “breakout List” gives all stocks breaking out of a base of five weeks or more. These stocks have a good chance to trend higher. However, a stop should be used to avoid those that do not work.

They are ranked according to percentage change and classified as leaders or other.

(Trading strategy: One should buy breakout stocks near breakpoint by using market order or stop buy.  They can also be bought soon after a follow through move, sometimes on an intraday pullback. )  

Today's Featured TTD Breakout Stock

Nutrien Ltd. (NTR) - 67.20, up 2.37 - Breakpoint 66.40

Net To Soar 174% This Year, TTD Targets 80

  NTR, based in Saskatoon, Canada, sells crop inputs and chemicals. Annual revenues: $20.9 billion. NTR's stock drives higher Friday and breaks out from its two-month, cup-and-handle base.

  So far today, NTR is trading a heavy 3.7 million shares, double its average daily volume of 1.6 million shares.

  TTD sees good chances for a move higher.

  NTR's stock moved higher in the morning and cleared its breakpoint line.

  The stock reached an intraday high at $67.52 in the afternoon.

  In after-hours trading, the stock was down 20 cents a share.

   Tape Action

  NTR's tape action shows the recent block trades.

  One can see the price for the blocks rising from $65.53 in the morning to as high as $67.50 in the afternoon.

  A key bullish trade came in the morning when a block of 8,000 shares crossed the tape at $66.29.

  That was up from the prior block at $65.53 on 24,182 shares.

  Then in the afternoon a big block of 498,916 shares crossed at $67.30.

  That was up from the prior block at $67.25 on 30,800 shares.

   Business

  NTR sells chemicals for crop growth. It provides Potash, Nitrogen and Phosphate.

  The Retail segment distributes crop nutrients, crop protection products, seed and merchandise and it provides services directly to growers.

 It has a network of farm centers in North America, South America and Australia. It operates over 2,000 retail locations in seven countries.   

 Charts

  NTR's 12-month performance chart shows the stock up 78% versus a 32% gain for the stock market.

  Insider activity was not available.

  NTR's long-term chart shows the stock climbing from $40 in 2018 to a peak at $57 by late 2018.

 However, the stock eventually fell back to $27 in early 2020 when the stock market fell.

Since then, NTR has drive steadily higher to $66 in June.

  NTR's daily chart shows the stock forming a cup-and-handle base.

  The breakout is solid coming with a widening of the daily spread and expanding volume.

  The stock's CCI momentum indicator is bullish.

   Earnings Outlook

  This year, analysts predict a 174% surge in net to $4.93 a share from the $1.80 the prior year.

  The stock has a price-earnings ratio of 13. TTD sees that as attractive.

  Net for 2022, should rise 13% to $5.56 a share from the anticipated $4.93 this year.

  Net for the third quarter should soar 809% to $2.09 a share from the 23 cents the prior year.

  The company beat the Street estimate three out of the past four quarters.

  Profits for the fourth quarter should spurt 388% to $1.17 a share from the 24 cents the year before.

Strategy Opinion:  TTD is targeting NTR for a move to $80 within the next few months, or sooner.

A protective stop can be placed near $63.

Intermediate-Term Rating: Above Average.

Suitability:   Aggressive Bulls. 

                                   TTD's special research of Stock's Prior Performance:  

           Stock's Prior Performance After A Breakout

(In actual trading, entry and exit points could vary depending on broker execution.

Also, ideal are breakouts to a new 52-week high or better, perhaps all-time highs.)

  Stock's Long-term Chart

   Stock's Price Performance after Reporting Earnings

 Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  -  Insider Selling in Red

Charts of Selected Breakout Stocks

TTD’s Feature Stock Under Accumulation

(Trading strategy: Purchase of these stocks is done when either the stock is still in a base, or has emerged and is acting very bullish. Purchase while a stock still is basing should be a scale-in strategy with the final buying to be done on a breakout from a base. Buying of these stocks when they are trending higher can be done aggressively.)

 Perficient Inc. (PRFT) - 119.37

Set a Stop Buy at 123 to Catch the Breakout

Net to surge 32% this year, TTD sees 145 after a Breakout

  PRFT, based in St.Louis, is a digital transformation consulting firm. Annual revenues: $612 million. PRFT's stock moves higher Friday and is in position to breakout from its five-week flat base.

  So far today, PRFT is trading 367,353 shares. Its average daily volume is 455,000 shares.

  TTD suggests accumulation in anticipation of a breakout.

  PRFT's stock slipped to an intraday low of $115.40 in the morning.

  However, the stock turned and rallied aggressively the rest of the day reaching an intraday peak at $120.76.

  It gave a little ground in the final hour.

  In after-hours trading, PRFT was up $1.73.

    Tape Action

  PRFT's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $115.70 in the prior session to as high as $119.84 in the afternoon.

  A key bullish trade came in the morning when a block of 2,949 shares (duplicated) crossed the tape a $116.84.

  That was up from the prior block at $115.70 on 3,689 shares in the prior session.

  Near the close a big block of 67,106 shares crossed at $119.37.

  That came on an up tick from the prior trade at $119.25 on 100 shares.

   Business

 The company's solutions include business intelligence and analytics, commerce, content management, custom applications, platform implementations, portals and collaboration and application program interfaces.

  It services the healthcare, financial services, retail, auto and  electronics industries.

 Charts

  PRFT's 12-month performance chart shows the stock up 160% versus a 33% gain for the stock market.

  Insiders were recent buyers at $57 to $95 a share.

  They were sellers at $66 to $100 a share.

  PRFT's long-term chart show the stock climbing from $20 a share in 2018 to a peak at $50 by early 2020.

The stock fell back to $28 during the market drop.

  It has since rallied aggressively climbing to $122.

  The daily chart shows the stock in a five-week flat base.

  PRFT is near the top of its base and in good position to breakout.

  The stock's CCI momentum indicator is neutral.

  Earnings Outlook

  This year, analysts predict a 32% jump in net to $3.29 a share from the $2.50 the prior year.

  The stock has a price-earnings ratio of 36.

  Going out to 2022, the Street looks for a 15% rise in net to $3.77 a share from the anticipated $3.29 this year

  Net for the third quarter should climb 16% to 78 cents a share from the 67 cents the previous year.

  The company beat the Street estimate the past four quarters by 5 cents a share, 7 cents, 6 cents and 7 cents.

  Profits for the fourth quarter should rise 13% to 86 cents a share from the 76 cents the year before.

Strategy Opinion:  

TTD is suggests accumulation in PRFT with further buying to be done on a breakout over $123.

TTD is targeting PRFT for a move to $145 after a breakout.

A protective stop can be placed near $118.

Intermediate-Term Rating: Average.

Suitability: Average Bulls.

  TTD's special research of Stocks Prior Performance:  

                     Stock's Prior Performance After a Breakout

(In actual trading, entry and exit points could vary depending on broker execution.

Also, ideal are breakouts to a new 52-week high or better, perhaps all-time highs.)

  Stock's Long-term Chart

 Stock's Price Performance after Reporting Earnings

         Stock Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red

Builders Firstsource Inc. (BLDR) - 52.96

Set a Stop Buy at 55.50 to Catch the Breakout

Stock nears breakout. Net to soar 108% this year.

Verity Corp. (VRTV) - 93.51

Set a Stop Buy at  to Catch the Breakout

Stock poised for a breakout. Net to leap 215 % this year.

Ticker Tape Digest’s

Stocks To “Sell or Short”

    Ticker Tape Digest’s Daily List of “Stocks To Sell or Sell Short” ranks stocks well timed to be sold immediately based on daily trading. The list can be used as an alert to reduce current long-term positions.

Shorts from tape action  - 4

Stocks Screened - 12,234

Long-Term Environment for bears: Neutral.

Bear Side - Small list of shorts. Aggressive bulls can be venturesome.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

OTLY Group (OTLY) - 14.75

Loss seen this year and next, TTD Sees Drop to 11.75

 OTLY, based in Sweden, makes ice cream and yogurt. Annual revenues: $421 million. OTLY's stock moves lower Friday and undercuts key technical support.

  The move carries the stock down to an all-time low. It came public in May.

  So far today, OLTLY is trading 3.2 million shares. Its average daily volume is 2.1 million shares.

  TTD sees potential for more on the downside.

  OTLY's stock fell in the morning and undercut support.

  The stock dropped to an intraday low of $14.30 in the morning. It then lifted slightly and trended sideways.

  In after-hours trading the stock was up 6 cents a share.

  Tape Action

  OTLY's tape action shows the recent block trades.

  One can see the price for the blocks falling from $15.21 in the morning to as low as $14.31,

  A key bearish trade came in the morning when a block of 12,500 shares crossed the tape at $14.50.

  That was down from the prior block at $15.21 on 25,157 shares.

    Business

  OTLY, formerly known as Havre Global AB, is a Sweden-based oat drink company. The Company makes ice cream, yogurt and spreads. It operates worldwide.

 Earnings:

  This year, analysts predict a loss of 36 cents a share and next year a loss of 23 cents a share.

  For the third quater, the Street predicts a loss of 10 cents a share.

Charts:  

  OTLY's daily chart shows the stock climbing from $29 in June to a peak at $29 by late June.

  However, the stock has since been trending lower and Friday undercut key support.

Strategy Opinion: TTD is targeting OTLY for a decline to $11.75 within the next few months, or sooner. A protective stop buy can be placed near 15.60.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

   Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red

   TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking "Day Trades" for the long side. We take no responsibility for the accuracy of this data, although every effort is made to present the information correctly. Copyright Ticker Tape Digest. - 2021

    TTD columnist Leo Fasciocco has covered the stock market for over 30 years. His articles appear in many publications. He has also been  a speaker at the Money Show conferences. He has been on television and radio. He is author of many educational articles about stock investing and the book “Guide To High-Performance Investing.”

   For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-704-3331.

   Distributed by Corona Publishing Enterprises. TickerTape Digest Inc. 1220 W. Sherri, Gilbert, Az. 85233.

  TTD “Professional Report” is available on the Web: $100 per month. Password needed. Published daily - around 20 times a month.  

 TTD Pro Report includes a Morning chart slide show of breakout stocks, a Midsession video-audio show with commentary on breakout stocks and shorts and a Final end of day overall report on breakout stocks for the session, short plays and accumulation plays.  There are other features too such as Quick Trades and Long-term Plays.  

TTD Daily Report is $39. It covers a Morning slide show of charts of stocks breaking out and a TTD  end of day print report covering breakout stocks and shorts.

 Credit cards accepted. Payable to Corona Publishing Enterprises.

(The information contained has been prepared from data deemed reliable but there is no guarantee of complete accuracy. Ticker Tape Digest Inc. is not affiliated with any broker, dealer or investment advisor. Nothing in this publication constitutes an offer, recommendation or solicitation to buy or sell any securities. Further research is advised. This report is copyrighted and no redistribution is permitted with out permission.)