Daily - Go to TTD's Chart scroller of Breakout Stocks - Friday, April 21, 2017 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 17, 2017 |
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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.
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.
Friday - April 21, 2017
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - 14
Quality of Breakouts - Average
Stocks Screened - 12,234
Bull side - Good number of breakouts with some interesting plays for aggressive investors.
Stock market: Still in a basic trading range after big rally from last year. Dow continues to lag. Dow has averaged a gain of 0.6% for April the past five years and so has the S&P 500. The Nasdaq has averaged a loss of 0.3% .
Stock Market Momentum
(Based on 14 unit moving average)
Market (Daily) |
Market (Weekly) |
Market (Monthly) |
Dow - Bearish |
Dow - Bullish |
Dow - Bullish, |
Nasdaq - Bullish |
Nasdaq - Bullish |
Nasdaq - Bullish |
S&P 500 - Bearish |
S&P 500 - Bullish |
S&P 500 - Bullish |
Ticker Tape Digest's
TTD's Quality Rating of Stock - TRTN - ABOVE AVERAGE |
TRTN, based in Nassau, Bahamas, leases intermodal containers and chassis. Annual revenues: $845 million. TRTN's stock moves higher Friday and breaks out from a ten-week, double -bottom base. The move carries the stock to a new all-time high.
TRTN came public September of last year.
So far today, TRTN is trading 772,004 shares, double its average daily volume of 353,000 shares.
TRTN's stock drove sharply higher in the morning and cut across its breakpoint line. (see 10-minute chart). .
The stock pulled back around midday, but then came on again in the afternoon to touch its intraday high of 29.15.
Tape Action
TRTN's tape action shows the recent block trades.
One can see the price for the blocks climbing from $26.80 in the prior session to as high as $29.08.
A key bullish trade came in the morning when a big block of 45,100 shares crossed the tape at $28.07.
That was up from the prior block at $28.56 on 7,900 shares.
That showed aggressive institutional buying.
Near the close a block of 32,064 shares (duplicated) crossed at $28.81.
That came on a down tick from the prior trade at $28.84 on 100 shares.
Business
The company operates through two business segments: Equipment leasing and Equipment trading.
TRTN equipment leasing operations include the acquisition, leasing, re-leasing and ultimate sale of intermodal transportation equipment, primarily containers.
The company purchases containers from shipping line customers and other sellers of containers.
TRTN resells these containers to container retailers and users of containers for storage and one-way shipments.
The company leased five types of equipment: dry freight containers, refrigerated containers, special containers, tank containers, and chassis. TRTN operates in 14 different countries.
Charts
TRTN's 12-month performance chart shows the stock appreciating 82% versus a 15% gain for the stock market.
The stock has been especially strong the past six months.
Insiders were award options the past several months. They did some light buying in November at $17 to $21 a share. They have not done any selling.
TRTN's long-term chart shows the stock coming public in July at $15.40 a share.
The stock climbed to a peak of $27.44 in February.
It then pulled back and formed a double-bottom base.
The breakout Friday clears upside resistance with an expansion in volume. That is bullish.
The stock's CCI momentum indicator (bottom of chart) is solidly bullish.
Earnings Outlook
This year, analysts are forecasting a 127% surge in net to $1.97 share from 87 cents the year before.
The stock sells with a price-earnings ratio of 14. TTD sees that as attractive for value-growth investors.
Going out to 2018, the Street is predicting a 33% jump in net to $2.62 a share from the anticipated $1.97 this year.
Net for the upcoming first quarter should leap 56% to 39 cents a share from 25 cents the year before.
The highest estimate on the Street is at 46 cents a share.
TRTN has missed Street estimates the past two quarters by 5 cents a share and 18 cents. So, the stock needs to be watched carefully.
Strategy Opinion: TTD is targeting TRTN for a move to $35 off this breakout. A protective stop can be placed near $25.50
TTD rates TRTN a good intermediate-term play provided it meets earnings estimates.
Suitability: Aggressive Bulls.
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Extremely Bullish. TRTN has racked up some big gains after its recent breakouts.
Probability - Earnings Response - Extremely Bullish. TRTN moved higher after four of the past five earnings reports.
Probability: Seasonal Success - Average. TRTN has averaged a gain of 0.7% in April.
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 |
31% |
1/24/2017 | 20.82 | 27.39 | 2/17/2017 |
47% |
11/10/2016 | 14.25 | 20.96 | 11/22/2016 |
(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 Triton International Ltd. - (TRTN) |
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 | 13 | 0 | 1 |
Charts of Selected Breakout Stocks
TTD's Quality Rating of Stock - CAI - ABOVE AVERAGE |
TTD's Quality Rating of Stock - FTNT - ABOVE AVERAGE |
TTD's Quality Rating of Stock - STS - AVERAGE |
TTD's Quality Rating of Stock - MSFT - 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 - 7
Stocks Screened - 12,234
Long-Term Environment for bears: Unfavorable.
Bear Side - Several short plays Friday reflect damage for disappointing bottom lines. Bears can be venturesome. Stock market remains in consolidation pattern within up trend.
MAT, based near Los Angeles, makes toys. Annual revenues: $5.5 billion. MAT's stock falls sharply Friday undercutting key technical support. The decline was triggered by a wide than expected loss for the first quarter. TTD sees more on the downside.
So far today, MAT is trading a heavy 36.9 million shares, nine times its average daily volume of 3.8 million shares.
The company reported a loss for the first quarter of 33 cents a share. The Street was expecting a loss of only 22 cents a share.
MAT moved lower in the morning and continued to work south through the session.
It closed near its low for the day. That is bearish.
Tape Action
MAT's tape action shows the recent block trades.
One can see the price for the blocks falling from $25.21 in the prior session to as low as $21.79.
A key bearish trade came in the morning when a block of 254,756 shares (duplicated) crossed the tape at $23.75.
That was down from the prior block the day before at $25.21 on 141,604 shares.
Business
MAT makes toys that are sold worldwide.
The company's toys include girls and boys brands, Fisher-Price brands, American Girl Brands and Construction and Arts & Crafts Brands.
Earnings:
MAT's first quarter tends to be weak. For the year, analysts have been forecasting a 32% increase in net to $1.40 a share from the $1.06 the year before.
However, the company has disappointed big the past two quarters. In the prior reported fourth quarter, the Street was expecting 71 cents a share. MAT came in with only 52 cents a share.
Charts:
MAT's daily chart shows the stock trending lower. It tried to form a bottom, but today it gaps lower with big volume.
MAT's 12-month performance chart shows the stock down 20% versus a 12% gain for the stock market.
Insiders have received stock options in recent months. The latest prices were around $20 and they did some light buying around $26 in February. They have not done any selling since.
Strategy Opinion: TTD is targeting MAT for a decline to $17.50 within the next few months, or sooner. A protective stop buy can be placed near $23.
Suitability: Trading Bears.
TTD's special probability research of MAT's Prior Performance:
Probability - Earnings Response - Bearish. Stock rose just 4 times out of the past 12 earnings reports.
Probability: Seasonal Activity -- Average. MAT has risen an average of 0.6% in April the past five years. However, it has declined an average of 1.1% in May.
TTD's Quality Rating of Stock - MAT - 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.)