Daily - Go to TTD's Chart scroller of Breakout Stocks - Wednesday, May 10, 2017 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, May 1, 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.
Wednesday - May 10, 2017
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - 9
Quality of Breakouts - Average
Stocks Screened - 12,234
Bull side - Very Selective list. Bulls be conservative. Earnings still impacting stocks.
Stock market - All major averages remain bullish holding above their key moving averages in all time sequences.
Stock Market Momentum
(Based on 14 unit moving average)
Market (Daily) |
Market (Weekly) |
Market (Monthly) |
Dow - Bullish |
Dow - Bullish |
Dow - Bullish, |
Nasdaq - Bullish |
Nasdaq - Bullish |
Nasdaq - Bullish |
S&P 500 - Bullish |
S&P 500 - Bullish |
S&P 500 - Bullish |
Ticker Tape Digest's
TTD's Quality Rating of Stock - INSW - ABOVE AVERAGE |
INSW, based in New York, operates a fleet of oceangoing vessels transporting petroleum products. Annual revenues: $398 million. INSW's stock gaps higher Wednesday and breaks out from an eight-week flat base. The move carries the stock to a new all-time high.
INSW came public In November of 2016. So, the stock is relatively new. It has performed exceptionally well.
TTD highlighted INSW as a breakout at our midsession video show on the Web Wednesday.
So far today, INSW is trading 255,372 shares, double its average daily volume of 114,000 shares.
INSW came in with net for the first quarter of 62 cents a share.
That topped the Street estimate of 56 cents a share.
The shot higher in the morning cutting across its breakpoint line.
INSW reached an intraday high of $21.84 in the morning.
The stock then pulled back slightly and trended sideways.
Tape Action
INSW's tape action shows the recent block trades.
One can see the price of the blocks climbing from $19.87 in the prior session to as high as $21.72.
A key bullish trade came in the morning when a block of 1,411 shares crossed the tape at $20.50.
That was up from the prior block trade at $19.87 on 5,162 shares.
Business
INSW's oceangoing vessels transport crude oil and petroleum products in the International Flag trades.
The company's segments are International Crude Tankers and International Product Carriers.
Its 55-vessel fleet consists of Ultra Large Crude Carriers, Very Large Crude Carriers, Aframax and Panamax crude tankers, as well as long range and medium range product carriers.
Its International crude tankers segment is made up of a ULCC and a fleet of VLCCs, Aframaxes, and Panamaxes.
Through joint venture partnerships, it owns interests in four liquefied natural gas carriers and two floating storage and offloading service vessels.
Charts
INSW's six month chart shows the stock appreciating 120% versus a 15% gain for the stock market.
Insider activity was not available.
INSW's long-term chart goes back about six months. The stock came public in November of last year at $9.04 a share.
The stock rose to $17.66 late last year, but then fell back to $10.36. However, since then INSW has been trending steadily higher. The push to a new high is bullish.
INSW's daily chart shows the stock trending higher from $14 back in February to a peak near $20 in March.
The stock put down a flat base above its rising 50-day moving average line.
The breakout is strong coming with a gap move and expanding volume.
INSW's CCI momentum indicator is extremely bullish.
Earnings Outlook
This year, analysts are forecasting a profit of 62 cents a share. There are two analysts following the stock.
There was no comparable figure for a year ago available.
Going out to 2018, the Street predicts a 181% surge in net to $1.75 a share from the anticipated 62 cents this year.
Net for the upcoming second quarter is expected to be a loss of 4 cents a share. There was no comparison with a year before.
Strategy Opinion: TTD is targeting INSW for a move to $25.50 off this breakout. A protective stop can be placed near $19.
TTD rates INSW an average intermediate-term play
Suitability: Aggressive Bears
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Above Average - INSW's breakouts are still in play. It has scored some good gains.
Probability - Earnings Response - Above Average - INSW has moved higher 2 out of the past 3 earnings reports where there was a significant change.
Probability: Seasonal Success - Well Above Average - INSW has averaged a gain of 9.2% in May for one year.
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% |
3/21/2017 | 19.41 | 21.11 | Still in play |
15% |
2/17/2017 | 18.31 | 21.11 | Still in play |
40% |
1/6/2017 | 15.08 | 21.11 | 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 International Seaways Inc. - (INSW) |
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 - AFAM - ABOVE AVERAGE |
TTD's Quality Rating of Stock - HLI - AVERAGE |
TTD's Quality Rating of Stock - DOX - AVERAGE |
TTD's Quality Rating of Stock - MYE - 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 - 12
Stocks Screened - 12,234
Long-Term Environment for bears: Unfavorable.
Bear Side - Large list of breakdown stocks Wednesday. Bears can be venturesome as some stocks fall on weak earnings.
ACAD, based in San Diego, Ca., is a biotech firm working on treatments for central nervous system disorders. Annual revenues: $17.3 million. ACAD's stock falls sharply Wednesday after reporting a loss for the first quarter. TTD sees more on the downside.
TTD highlighted ACAD as a short at our midsession video show on the Web Wednesday.
So far today, ACAD is trading a heavy 7.5 million shares, six times its average daily volume of 1.2 million shares.
The company reported a loss for the first quarter of 72 cents a share. That was what most analysts were forecasting.
However, the stock responded very bearishly to the news.
ACAD's stock fell steadily in the morning and reached an intraday low of $28.01 in the morning.
The stock then turned and rallied back to $29.74 in the afternoon. However, it faded in the late afternoon.
Tape Action
ACAD's tape action shows the recent block trades.
One can see the price for the blocks falling from $32.26 in the prior session to as low as $28.87.
A key bearish trade came in the morning when a block of 61,400 shares (duplicated) crossed the tape at $30.
That was down sharply from the prior block trade at $32.26 on 78,934 shares.
Then later in the morning a massive block of 300,000 shares crossed at $29.10.
That was down from the prior block at $29.30 on 24,600 shares.
Business
ACAD is working on medicines for central nervous system disorders. Its lead drug candidate, NUPLAZID (pimavanserin), is used to treat hallucinations and delusions associated with Parkinson's disease psychosis.
The company is also conducting a Phase II trial, referred to as the SERENE Study, designed to examine the efficacy and safety of pimavanserin to treat Alzheimer's disease Agitation.
Earnings:
This year, analysts are forecasting a loss of $2.71 a share compared with a loss of $2.34 the prior year.
For the upcoming second quarter, they look for a loss of 71 cents a share compared with a loss of 63 cents the year before.
Charts:
ACAD's 12-month performance chart shows the stock off about 1% versus a 17% gain for the stock market.
Insiders were buyers in recent months at $1.55 to $34 using stock options. They were sellers around $35.$39.
ACAD general counsel Glenn Baity was a recent buyer of ACAD using stock options at $1.55 to $1.62 a share. He sold some of his holdings at $35.15 netting a profit of close to $2 million.
ACAD's daily chart shows the stock cutting below technical support at $31.64 with a pick up in volume. The stock's CCI momentum indicator is strongly bearish.
Strategy Opinion: TTD is targeting ACAD for a decline to $24 within the next few months. A protective stop buy can be placed near $32.
Suitability: Aggressive Bears.
TTD's special probability research of stock's Prior Performance:
Probability - Earnings Response - Extremely Bearish. ACAD rose just 2 times out of the past 9 earnings reports where there was a significant change.
Probability: Seasonal Activity -- Bullish. ACAD rose an average of 7.2% in May and 7.9% in June.
TTD's Quality Rating of Stock - ACAD - 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.)