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Daily - Go to TTD's Chart scroller of  Breakout Stocks - Wednesday, February 1, 2017

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Wednesday, February 1, 2017

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Wednesday, February 1, 2017

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, January 23, 2017

 

 


Go to Video Show - "How to Make Money With Breakout Stocks


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Ticker Tape Digest

Wednesday - February 1, 2017


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.


Trading Strategies

Bullish

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)


Bearish

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.

Quote or chart

   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: 1-480-926-1680.


Breakout Stocks

Total Buy Breakouts so far today - 23

Quality of Breakouts - AVERAGE

Stocks Screened - 8,300

Bull side - Breakout list large with some good looking plays. Bulls can be venturesome. Stock market holds overall up trend.

 (Put mouse on chart to Nasdaq)

 Environment for bulls:  Neutral

    Stock Market Momentum

Market (Daily) - NYSE Bearish, Nasdaq Bearish

Market (Weekly) - NYSE Bearish, Nasdaq Bullish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish 


Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Wednesday

(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 at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  


Today's Featured TTD Breakout Stock

Olin Corp. (OLN) - 29.33, up 3.12 - Breakpoint 27.90

Net tops Estimates, TTD Targets 37

                    TTD's Quality Rating of Stock - OLN - ABOVE AVERAGE

    OLN, based Clayton, Mo., makes chemical products and ammunition. Annual revenues: $5.4 billion. OLN's stock breaks out Wednesday from a two-month flat base. The move was triggered by better-than-expected earnings for the first quarter.

  So far today, OLN is trading a heavy 7.3 million shares, triple its average daily volume of 2 million shares.

  OLN's gapped higher in the morning and cleared its breakpoint line. (see 10-minute chart) and the breakpoint zone (made up of two breakpoint lines).

  The stock reached an intraday peak of $30 in the morning. The stock then pulled back to around $29.

  It then trended mostly sideways the rest of the day holding the bulk of its gain made in the first few minutes of trading Wednesday.

  OLN reported first quarter net of 31 cents a share. That topped the 27 cents expected by analysts.

  Revenues also topped Street estimates.

  Tape Action

  OLN's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $26.19 in the prior session to as high as $29.33 Wednesday.

  Interestingly, a key bullish trade came late in the prior session. That is when a block of 99,608 shares (duplicated) crossed the tape at $26.21. That was preceded by a block of 12,400 shares at $26.21 - the same price.

  Those two blocks were preceded by a block at $26.19 on 25,000 shares.

  Near the close a massive block of 153,694 shares (duplicated) crossed the tape at $29.33.

  That was up from the prior block at $29.25 on 17,000 shares.

  The late institutional buying on the tape is very bullish.

  Business

  OLN makes chlor alkali products and vinyls, epoxy and winchester.

  The Chlor Alkali Products and Vinyls segment makaes chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride and methylene chloride. 

 The epoxy segment makes epoxy materials that include allyl chloride, epichlorohydrin and liquid epoxy resins.

 The epoxy products are used for wind energy, electrical laminates and consumer goods.

 The winchester unit makes sporting ammunition, reloading components and small caliber military ammunition.

  Charts

  OLN's 12-month performance chart shows the stock appreciating 82% versus a 20% rise in the stock market.

  There was insider buying earlier in the year. They were purchasers at $13 to $15. Also, some were buyers using stock options around $15.

  A key buyer was Joseph D. Rupp, CEO, who bought in big at around $14 and again later in the year at $16.

  As, TTD reported in a recent prior report, there has been very little insider selling the past 12 months. That is very bullish of OLN.

  OLN's long-term chart shows the stock touching a peak in 2008 at $30.39. The stock then fell to $8.97 in 2009 due to the bear market.

  The stock then worked higher the next several years and reached an all-time at $34.34 in 2015. Once again the stock fell back hard dropping to $12.29 in early 2016. It has since been working higher.   

  OLN's daily chart shows the stock climbing from $18 in September to a peak near $27.

  The stock then formed a flat base and broke out in January. However, it faded back into the base.

  Wednesday, OLN gaps out of the base with a widening of the daily spread and expanding volume. That is very bullish.

  OLN's CCI momentum indicator is strongly bullish.

  Earnings Outlook

  Analysts are forecasting a 44% surge in earnings for 2017.

  They look for net surging to $1.67 a share from $1.16 in 2016.

  Looking out to 2018, they expect a more modest 10% increase in net to $1.83 a share from the anticipated $1.67 this year.  

  Net for the first quarter of 2017 is projected to surge 122% to 40 cents a share from 18 cents the year before.

  Then in the second quarter, net is expected to jump 92% to 46 cents a share from 24 cents the year before.

  Strategy Opinion -  TTD is targeting OLN for a move to $37 off this breakout. A protective stop can be placed near $27 giving it room.

 TTD rates OLN a good intermediate-term play provided earnings meet expectations. 

  Suitability - Bullish Growth Investors

                             TTD's special research of OLN Stock's Prior Performance after a Breakout:  

  TTD's research shows that recently  (see table) OLN has racked up some big gains off its breakouts. The stock has been in an overall up trend since making a bottom in early 2016.

  TTD's seasonal chart shows OLN doing very well in February and March. (see below)


           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

              8%

     1/10/2017         26.95          29.33    Still in play

              31%

     11/9/2016         22.37          29.33     Still in play

              14%

     5/31/2016         22.93          26.28     7/20/2016

              41%

     4/12/2016

        17.52

         24.77

    6/10/2016

              7%

     12/2/2013         26.76          28.66

    12/17/2013

(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

               


Charts of Selected Breakout Stocks

                    TTD's Quality Rating of Stock - ACXM - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - RP - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - CAMT - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - RNR - AVERAGE

 


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 so far today - 3

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Small list of breakdown stocks. Stock market rallies to cut its earlier loss on Wednesday. Bears be conservative.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Pitney Bowes Inc. (PBI) - 13.14, down 2.78

Profits Disappoint, TTD Sees Decline to 10

  PBI, based in Stamford, Ct. produces products and services for information management. Annual revenues: $3.5 billion. PBI's stock falls sharply Wednesday cutting below key technical support. The drop was due to disappointing earnings for the fourth quarter.

  So far today, PBI is trading a massive 30 million shares, ten times its average daily volume of 3.2 million shares.

  The company reported net for the fourth quarter of 53 cents a share versus 48 cents the year before.

  However, the 53 cents was below Street consensus estimates of 57 cents a share.

  PBI's stock fell steadily in the morning and touched a low of $13.20 just before noon.

  The stock then lifted slightly and then trended sideways the rest of the day.

  Tape Action

  PBI's tape action shows the recent block trades.

  One can see the price for the blocks falling from $15.92 in the prior session to as low as $12.55 Wednesday.

  A key bearish trade came at the opening when a block of 74,564 shares crossed the tape at $15.

  That was down sharply from the prior block at $15.92 on 5.5 million shares.

  The selling pressure continued near the close Wednesday when a block of 354,350 shares (duplicated) crossed the tape at $13.14.

  That was down from the prior block trade at $13.18 on 50,000 shares.

  Business

  PBI provides information management and customer service products. The services helps in the shipping and mailing and cross border e-commerce. The company uses a variety of marketing to sell its products and services.

Earnings

  This year, analysts were estimating a 9% increase in net to $1.91 a share from $1.70 in 2016. That forecast could come down.

Net for the upcoming first quarter is projected to rise 15% to 39 cents a share from 34 cents the year before. However, PBI has missed on earnings the past five quarters. They tend to come in below Street estimates.

Charts

  PBI's daily chart shows the stock gaping lower and cutting below support with big volume. The stock did the same in its prior quarter earnings news. The stock's CCI momentum indicator is strongly bearish.

  PBI's performance chart shows the stock down 16% the past 12 months compared with a gain of 20% for the stock market.

  Insiders were light buyers late in 2016 around $14 a share. They have been steady must buyers using stock options too. The price was not disclosed.

Strategy Opinion: TTD is targeting PBI for a decline to $10 within the next few months, or sooner. A protective stop buy can be placed near $14.10.

Suitability: Average Bears.


                    TTD's Quality Rating of Stock -PBI - BELOW AVERAGE


   Stock 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. - 2016

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.”

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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.)