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 trades. We also feature stocks under Significant Accumulation that are poised to breakout.
Ticker Tape Digest's
Daily schedule guide for TTD subscribers
1. Pre-market - check Breakout Watch List and Quick Trades.
2. Morning - (11:30 - 12 A.M.) - check breakout stocks tape and breakout chart slide show.
3. Midday (1 P.M.) check TTD Midsession Report and see market video show.
4. After close (4 P.M.) check final TTD Report for day.
Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns. (See Performance)
Aggressive Investor Bullish- "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit." (See Performance)
Conservative Investors "Bargain Buy Trades for the Long Term." Ideally suited for entry into top performing big cap stocks on pullbacks within overall up trend.(See Performance)
Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns (See Performance)
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 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's Bargain Buy Trades - Long - Long Term. These are for conservative bullish Investors These long-term buys are ideally suited for entry into stocks on pull backs within overall up trend. These stocks can give a good return long-term especially during a bull market.
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 email@example.com. For service, email Beverly Owen firstname.lastname@example.org. TTD’s Tel: 1-480-926-1680.
Friday - August 18, 2017
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - 4
Quality of Breakouts - Below Average
Stocks Screened - 12,234
Bull side - Small list of breakouts Friday and they are below average. Bulls be conservative.
Stock market - Daily market averages bearish and also the weekly S&P 500 index.
Stock Market Momentum
(Based on 14 unit moving average)
Dow - Bearish
Dow - Bullish
Dow - Bullish,
Nasdaq - Bearish
Nasdaq - Bullish
Nasdaq - Bullish
S&P 500 - Bearish
S&P 500 - Bearish
S&P 500 - Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - GDEN - BELOW AVERAGE
GDEN, based in Las Vegas, installs gaming devices and runs casinos. Annual revenues: $403 million. GDEN's stock edges out from a well-formed nine-week, flat base. The move carries the stock to a nine-year high.
GDEN has been expanding its operations. It plans to acquire American Casino & Entertainment Properties. Analysts view that as bullish.
GDEN is up only slightly Friday - a day when there were very few breakout stocks.
So far today, GDEN is trading 57,524 shares. Its average daily volume is 37,000 shares.
GDEN's stock rose in the morning and cleared its breakpoint line. It touched an intraday high of $22.28.
The stock then backed off in the afternoon. However, it lifted slightly in the final hour to edge above its breakpoint line. (see 10-minute chart)
GDEN's tape action shows the recent block trades.
The stock is thinly traded. So, the blocks are small.
The price for the blocks rose from $21.68 in the morning to as high as $22.09.
A key bullish trade came in the morning when a block of 1,400 shares crossed the tape at $21.83.
That was up from the prior block trade at $21.68 on 1,000 shares.
GDEN handles a group of gaming operations.
The company focuses on distributed gaming, including tavern gaming, and casino and resort operations.
GDEN distributes and installs,gaming and amusement devices in high-traffic, non-casino locations such as grocery stores, convenience stores, restaurants, bars, taverns, saloons and liquor stores in Nevada and Montana,
Its distributed gaming operations consisted of around 10,400 gaming devices in 960 locations.
GDEN's casinos consists of the Rocky Gap Casino Resort in Flintstone, Maryland and three casinos in Pahrump, Nevada. They are the Pahrump Nugget Hotel Casino, Gold Town Casino and Lakeside Casino & RV Park.
GDEN's 12-month performance chart shows the stock appreciating 72% versus a 12% gain for the stock market.
Insiders have not been active in recent months.
GDEN's long-term chart shows the stock falling from $29 back in 2005 to a bear market low of $2.50 in 2010.
The stock then trended modestly higher the next few years and did a 1-for-2 reverse stock split. The move Friday carries the stock to a multi-year high. That is bullish.
GDEN's daily chart shows the stock climbing from around $13 back in March to a peak near $21 by June.
The stock put down a tight flat base above its rising 50-day moving average line. .
The breakout is "soft" as GDEN just gets over its breakpoint.
A good follow through will be needed.
This year, analysts are forecasting a 54% decline in earnings to 23 cents a share from 50 cents a year ago.
The stock sells with a price-earnings ratio of 95. That would seem high but next year earnings are expected to surge.
Net for 2018 is projected to jump to $2.04 a share from the anticipated 23 cents this year.
Based on projected 2018, the stock has a p/e ratio of just 10.
Net for the upcoming third quarter is expected to climb 183% to 17 cents a share from 6 cents the year before.
For the fourth quarter, a loss of 20 cents a share is projected versus a profit of 22 cents the year before.
Strategy Opinion: TTD is targeting GDEN for a move to $27 within the next few months, or sooner. A protective stop can be placed near $19.70
TTD rates GDEN a good intermediate-term play provided earnings meet expectations.
Suitability: Very Aggressive Bulls.
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Extremely Bullish - GDEN has racked up some big wins off its breakouts with two still in play.
Probability - Earnings Response - Below Average - GDEN has moved higher just 3 times after the past 8 earnings reports where there was a significant change.
Probability: Seasonal Success - Neutral. - GDEN has averaged a gain of 2.2% in August, but a decline of 2.9% in September.
Stock's Prior Performance After A Breakout
Stock's % Change from Breakout to peak - prior to cut below 50-day M/A.
Date of Breakout
Break point Price
Stocks Price Peak after Breakout - prior to cut below 50-day M/A
Date Trade Closed
|4/21/2017||14.30||21.99||Still in play|
|3/14/2017||12.85||21.99||Still in play|
(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 Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
Stock's Monthly Seasonal Performance Chart - Past 5 Years
Showing % Months UP and % Change
|TTD's Breakout Profile Rating
Golden Entertainment Inc. - (GDEN)
|TTD Check List||Bullish||Bearish||Neutral|
|Near 52-week High||YES|
|Price Trend - Daily||YES|
|Price Trend - Long Term||YES|
|Price Daily Spread||YES|
|Base - A-D||YES|
|Prior Breakout Success||YES|
Charts of Selected Breakout Stocks
|TTD's Quality Rating of Stock - HDP - BELOW AVERAGE|
|TTD's Quality Rating of Stock - SENS - BELOW AVERAGE|
|TTD's Quality Rating of Stock - PDEX - BELOW AVERAGE|
Ticker Tape Digest provides a list of potential breakout stocks from our screen of companies that will show some of the strongest earnings gains. One of the best ways to play these stocks is to study the list and then place a stop buy order to catch the stock on the breakout.
One can take either a full position on the breakout if they are aggressive, or scale-in looking to add to the stake later if they are conservative. TTD's premarket breakout watch list gives you a great opportunity "to be prepared for the next key breakout stock just before it happens." The list will be updated daily and the screen monthly.
Guide: Symbol=Ticker, Name=Corporate name, Entry is the buy price to enter on the breakout, Last=prior close, Change=change from last close to prior, Date=date of price of close etc, Gain in blue is price above breakpoint (entry), Gain in red is price below breakpoint (entry)., % Gain in blue is % over breakpoint (entry), Gain in red is % below breakpoint (entry)
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 so far today - 10
Stocks Screened - 12,234
Long-Term Environment for bears: Neutral.
Bear Side - Large list of short with some being hard hit on earnings disappointments. Bears can be venturesome.
TTD's short from prior session was Briggs & Stratton (BGG) at $20.76. BGG declined to $20.35 and is working well for bears.
FL, based in New York, sells sports shows and clothes. Annual revenues: $7.8 billion. FL's stock tumbles Friday after the company disappointed big time with its earnings. TTD sees more on the downside.
TTD highlighted FL as a short at our midsession video show on the Web Friday.
The decline in FL also impacted competitor Nike Inc. which dropped 2.51 to 554.95.
So far today, FL is trading a heavy 36.2 million shares, ten times its average daily volume of 3.6 million shares.
FL came in with earnings for the fiscal second quarter ended in July of 62 cents a share. That was below the 90 cents a share expected by the Street.
Also same stores sales declined 4.4%.
FL's tape action shows the recent block trades.
One can see the price for the blocks falling from $47.70 in the prior session to as low as $34.38.
A key bearish trade came in the morning when a block of 50,000 shares crossed the tape at $37.60.
That was down big time from the prior block at $47.70 on 118,051 shares.
FL sells its shoes and clothes via its athletic stores and direct-to-customers service.
Its stores are known as Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.
The Direct-to-Customers segment is multi-branded and sells directly to customers through Internet and mobile sites and catalogs.
This fiscal year ending in January of 2018 analysts have been forecasting a 5% increase in net to $5.04 a share from the $4.82 the year before. That estimate could come down.
Net for the upcoming fiscal third quarter ending in October is expected to be up 7% to $1.21 a share from $1.13 the year before.
FL's daily chart shows a big gap drop on heavy volume. The stock had been in a downtrend.
FL's 12-month performance chart shows the stock down 45% versus a gain of 11% for the stock market.
Strategy Opinion: TTD is targeting FL for a further decline to $27 within the next few months, or sooner. A protective stop buy can be placed near $37.
Suitability: Aggressive Bears.
TTD's special probability research of stock's Prior Performance:
Probability - Earnings Response - Bearish. Stock rose 2 out of the past 6 earnings reports when there was a significant change.
Probability: Seasonal Activity - Slightly Bearish. FL has declined an average of 1.9% in August, but rose 2.4% in September the past five years.
|TTD's Quality Rating of Stock - FL - BELOW AVERAGE|
Stock Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
TTD columnist Leo Fasciocco has covered the stock market for over 30 years. His articles appear in many publications. He is also a speaker at the Intershow 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 1-480-926-1680. Distributed by Corona Publishing Enterprises. Ticker Tape Digest Inc. P.O. Box 2044 Chandler, Az. 85244-2044. TTD “Professional Report” is available on the World Wide Web: $100 per month. Password needed. “TTD Professional“ Faxed is $200 per month. The TTD Daily Report is $39.95. Credit cards accepted.
(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.)