Daily - Go to TTD's Chart scroller of Breakout and Leading Stocks - Tuesday, April 5, 2016
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Daily - Go to TTD's Chart scroller of Breakout and Leading Stocks - Tuesday, April 5, 2016 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 4, 2016 |
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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 trades. We also feature stocks under Significant Accumulation that are poised to breakout.
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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.
Breakout Stocks
Total Buy Breakouts so far today - 2
Overall Quality of Breakouts - BELOW AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large with some good looking plays. Paper and Aerospace stocks breaking out. Stock market holds in up trend.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Neutral
Stock Market Momentum
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - ERI - AVERAGE |
ERI, based in Reno, operates gaming facilities in Ohio, Louisiana, Nevada, Pennsylvania, and West Virginia. Annual revenues: $698 million. ERI's stock breaks out Tuesday from a 15-week, cup-and-handle base. The move comes the stock to a new high. That is bullish. 
TTD highlighted ERI as a breakout at our midsession video show on the Web.
So far today, ERI is trading 181,381 shares. Its average daily volume is 272,000 shares.
ERI's 10-minute chart shows the stock breaking out in the morning.
The stock climbed to a peak of $11.75 in the morning.
The stock then trended sideways. It reached an intraday high of $11.77. 
ERI showed strong volume late in the session.
ERI's tape action show the recent block trades.
One can see the price for the blocks climbing from $11.39 in the morning to as high as $11.70 late in the day.
A key bullish trade came in the morning when a block of 1,400 shares crossed the tape at $11.51.
That was up from the prior block trade at $11.39 on 1,188 shares. 
ERI owns the Eldorado Resort Casino Reno, a 814-room hotel, casino and entertainment facility located in downtown Reno.
It also owns the Silver Legacy Resort Casino, a 1,711-room hotel and casino adjacent to Eldorado Reno and Circus Reno.
ERI also owns Circus Circus Reno, a 1,571-room hotel-casino connected via a skywalk to Eldorado Reno and Silver Legacy.
The company also owns and operates Eldorado Resort Casino Shreveport, a 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino situated on the Red River in Shreveport, Louisiana.
ERI's 12-month performance chart shows the stock appreciating 120% versus a breakeven for the stock market.
There was a heavy dose of insider buying in December. That is very bullish. (see green bars on performance chart)
ERI's long-term chart shows the stock trading at $4 in 2014. The stock then trended sideways. It broke out in early 2015 and has since climbed steadily to $11.70 - a triple.
ERI's daily chart shows the stock advancing from $8.50 to a peak near $11.50
The stock pulled back and formed its cup-and-handle base.
The breakout comes on light volume, perhaps due to the soft stock market for the day.
ERI's CCI momentum indicator (bottom of chart) is bullish.
The accumulation - distribution line (bottom of chart) lags.
There is just one analyst estimating earnings. He looks for a strong first half.
Net for the first quarter is expected to come in at 16 cents a share compared with a loss of 13 cents a share a year ago. 
For the second quarter, he looks for net of 36 cents a share, up sharply from 8 cents the year before.
This year, the Street is forecasting net of $1.08 a share, down from $1.65 the year before.
The stock sells with a price-earnings ratio 10.
Strategy Opinion: TTD is targeting ERI for a move to 15. A protective stop can be placed near 10.20. TTD rates ERI an average intermediate-term play.
The slow down in earnings growth for the year makes the stock just a special play for only aggressive investors.
Sponsorship: Average. The largest fund buyer recently was the 4-star rated TFS Market Neutral Fund which purchased 139,385 shares. It has a 0.3% stake.
ERI has 48.7 million shares outstanding. Institutions hold 30% of the stock and insiders 19%.
Insider Activity: Bullish. Heavy insider buying late last year.
Currently, 2 analysts follow the stock and one has a buy, the same sentiment as three months ago.
ERI has a book value of $3.37 a share.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Eldorado Resorts Inc. - (ERI) |
| 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 | 8 | 1 | 5 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - PKG - ABOVE AVERAGE |
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 - 11
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Large list of short plays Tuesday. Stock market moves lower with momentum indicators turning down. Bears can be venturesome.
CCC, based in Pittsburgh, provides services for purifying water and air, food, beverage, and industrial process streams in the U.S., Europe, and Japan. Annual revenues: $535 million. CCC's stock declines Tuesday and undercuts key technical support. TTD sees more on the downside. 
So far today, CCC is trading 587,177 shares. Its average daily volume is 381,000 shares.
CCC's stock declined in the morning undercutting support.
The stock touched an intraday low of 13.36 in the morning.
The stock tried to rally in the morning, but faded again in the final hour.
CCC's tape action shows the recent block trades.
One can see a key bearish trade crossing around noon.
That was when a massive block of 117,096 shares crossed the tape at $13.40.
That was down from the prior block trade at $13.41 on 3,000 shares.
CCC operates in three area:: Activated carbon and service, equipment, and consumer service.
The company makes granular and powdered activated carbon to remove organic compounds from water, air, and other liquids and gases.
The equipment segment sells adsorption systems used to control volatile organic compound emissions.
This year, analysts are forecasting an 8% increase in net to 89 cents a share from 82 cents a year before.
However, net for the upcoming first quarter is expected to fall 27% to 15 cents a share from 21 cents a year before.
CCC's daily chart shows the stock gaping lower in February with heavy volume. The stock then trended sideways. Tuesday, it cuts below support with expanding volume. The stock's CCI momentum indicator (bottom of chart) is bearish, trending lower.
Strategy Opinion: TTD is targeting CCC for a decline to 10.20 within the next few months, or sooner. A protective stop buy can be placed near 14.50.
| TTD's Quality Rating of Stock - CCC - BELOW AVERAGE |
TTD columnist Leo Fasciocco has covered the stock market for over 20 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.)
