Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, February 5, 2018 |
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Go to Video Show - "How to Make Money With Breakout Stocks |
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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.
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) |
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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 leo@tickertapedigest.com.
For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-926-1680.
Monday - February 5, 2018
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - None
Quality of Breakouts - None
Stocks Screened - 12,234
Bull side - No breakouts as stock market falls sharply Monday following big drop on Friday. Bulls be patient and watchful of all positions.
Stock market - Bearish both on the daily and weekly indicators. Monthly still remains bullish.
Stock Market Momentum
(Daily is based on a moving average)
Market (Daily) |
Market (Weekly) |
Market (Monthly) |
Dow - Bearish |
Dow - Bearish |
Dow - Bullish, |
Nasdaq - Bearish |
Nasdaq - Bearish |
Nasdaq - Bullish |
S&P 500 - Bearish |
S&P 500 - Bearish |
S&P 500 - Bullish |
Ticker Tape Digest's
None
(No Breakouts Monday. TTD features a stock close to a breakout)
TTD's Quality Rating of Stock - TGLS - AVERAGE |
TGLS, based in Barranquilla, Columbia, makes architectural glass and windows for the western hemisphere residential and commercial construction industries. Annual revenues: $305 million. TGLS moves slightly higher Monday bucking the stock market's sharp drop.
TGLS is in a five-week base and in good position to breakout.
Monday, TGLS traded 47,455 shares. Its average daily volume is 37,000 shares.
TGLS moved higher in the morning and reached an intraday high of $9.20 in the morning.
The stock fell back later, but rallied to finish in the black. There was strong volume in the final hour.
Tape Action
TGLS's tape action shows the recent block trades.
One can see the price for the blocks climbing from $8.97 in the morning to as high as $9.10 by about noon.
A key bearish trade came when a block of 1,000 shares crossed the tape at $9.10.
That was up from the prior block at $8.97 on 1,036 shares.
The stock showed good volume in the final hour.
Business
TGLS makes glass products. It covers tempered safety, double thermo-acoustic and laminated glass.
Its products are installed in hotels, residential buildings, commercial and corporate centers.
They also cover universities, airports and hospitals.
The products includes floating facades, windows, doors, handrails, interior and bathroom spatial dividers.
Tecnoglass also produces aluminum products, such as profiles, rods, bars, plates and other hardware used in the manufacture of windows.
Charts
TGLS's 12-month performance chart shows the stock down 20% versus an 18% gain for the stock market.
Although, TGLS has lagged on 12 month performance, it has risen 20% in the past two month.
TGLS's long-term chart shows the stock coming public at $9.55 in 2012. The stock eventually climbed to an all-time peak of $15.95 by 2015.
The stock then fell back to $5.50 by 2017. However, since then the stock has been working higher.
TGLS's daily chart shows the stock climbing from $7 back in December to a peak near $9.40.
The stock has since formed a flat base above its 15-day moving average line.
The stock held up well against the stock market big drop Monday.
The stock's CCI momentum indicator (bottom of chart) is neutral.
Earnings Outlook:
This year, analysts are forecasting a 30% jump in net to 56 cents a share from the anticipated 43 cents the year before.
The stock sells with a price-earnings ratio of 16. TTD sees that as attractive for value-growth investors.
There are no estimates available for the first quarter. Last year, in the first quarter, TGLS earned 10 cents a share.
Strategy Opinion: TTD suggests a stop buy at $9.43 to catch a breakout. TTD is targeting TGLS for a move to $12 after a breakout.
A protective stop can be placed near $9 after a breakout. TTD rates TGLS as an average intermediate-term play.
Suitability: Aggressive Bulls.
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Bullish. TGLS has scored some good gains off its recent breakouts.
Probability - Earnings Response - Bullish. TGLS rose 6 times after the past 9 earnings reports when there was a significant change.
Probability: Seasonal Success - Neutral. TGLS declined an average of 0.8% in February, but rose 1.5% in March.
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 |
19% |
1/8/2018 | 7.75 | 9.24 | Still in play |
8% |
8/9/2016 | 11.55 | 12.55 | 8/23/2016 |
29% |
4/17/2015 | 10.48 | 13.51 | 6/23/2015 |
(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 Tecnoglass Inc. (TGLS) |
TTD Check List | Bullish | Bearish | Neutral |
Near 52-week High | YES | ||
Volume | YES | ||
Tick Volume | YES | ||
Price Trend - Daily | YES | ||
Price Trend - Long Term | YES | ||
Price Daily Spread | YES | ||
Base Structure | YES | ||
Base - A-D | YES | ||
Earnings-Quarterly | YES | ||
Earnings-Long Term | YES | ||
Earnings Outlook | YES | ||
Industry Group | YES | ||
Prior Breakout Success | YES | ||
Fund Sponsorship | YES | ||
Total Score | 11 | 1 | 2 |
Charts of Selected Breakout Stocks
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 - 20 - Max.
Stocks Screened - 12,234
Long-Term Environment for bears: Neutral.
Bear Side - Large list of breakdown stocks as stock market falls sharply for second straight day. Bears can be venturesome. Key will be the upcoming earnings reports. TTD short from Friday Aceto Corp. (ACET) declines 0.20 to 7.72.
PRTA, based in Dublin, is a biotech firm working on treatments for inflammatory disease such as psoriasis. Annual revenues: $1.1 million. PRTA's stock falls sharply Monday undercutting key technical support. TTD sees more on the downside.
So far today, PRTA is trading a heavy 3.9 million shares, 10 times its average daily volume of 359,000 shares.
PRTA's chief medical officer resigned. Also, medical stocks were under selling pressure Monday.
PRTA's stock fell in the morning and finally touched an intraday low in the early afternoon at $29.83.
It lifted in the late afternoon to trim some of its loss.
Tape Action
PRTA's tape action shows the recent block trades.
One can see the price for the blocks falling from $39.60 in the prior session to as low as $31.65.
A key bearish trade came in the morning when a block of 90,000 shares crossed the tape at $37.93.
That was down sharply from the prior block trade the day before at $39.60 on 19,574 shares.
Business
PRTA is working on treatments of diseases that involve protein misfolding or cell adhesion.
The company's clinical pipeline of antibody-based product candidates targets a range of indications, including Amyloid Light-chain amyloidosis, Parkinson's disease and inflammatory diseases such as psoriasis and psoriatic arthritis and ATTR amyloidosis.
Earnings:
This year, analysts are forecasting a loss of $5.21 versus an anticipated loss of $4.27 for 2017.
For the first quarter, the Street expects a loss of $1.47 a share compared with a loss of 99 cents a share the year before.
Charts:
PRTA's daily chart shows the stock cutting below key support with big volume and a widening of the daily spread.
The stock is in a clear down trend.
PRTA's 12-month performance chart shows the stock down 38% versus an 18% gain for the stock market.
Strategy Opinion: TTD is targeting PRTA for a decline to $26 within the next few months, or sooner. A protective stop buy can be placed near $33.50.
Suitability: .Aggressive Bears.
TTD's special probability research of Prior Performance:
Probability - Earnings Response - Bearish. PRTA rose just 4 times after the past 10 earnings reports when there was a significant change.
Probability: Seasonal Activity - Bullish. PRTA rose an average of 2.5% in February in past few years and jumped 18.8% in March. However, it declined an average of 13.9% in April.
TTD's Quality Rating of Stock - PRTA - 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 has also been 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.
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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.
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(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.)