Daily - Go to TTD's Chart scroller of  Breakout Stocks - Thursday, May 11, 2017

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Thursday, May 11, 2017

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Thursday, May 11, 2017

Ticker Tape Digest

Thursday - May 11, 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.

 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.

Thursday - May 11, 2017

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today - 10

Quality of Breakouts - Average

Stocks Screened - 12,234

Bull side -  Very selective list of breakouts. Bulls be conservative.

Stock market -  Major averages still holding bullish in all time sequences. However, CCI is showing a divergence which is often sign of a near-term peak coming. The CCI is rolling over on the daily charts.

Stock Market Momentum

(Based on 14 unit moving average)

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Thursday

(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

Startek Inc. (SRT) - 10.33, up 1.60 - Breakpoint 9.13

Net to Surge This Year and Next, TTD Targets 13

  SRT, based in Greenwood Village, Co., provides business process outsourcing services. Annual revenues: $307 million. SRT drives sharply higher Thursday and breaks out from a seven-month flat base. TTD sees more on the downside.

 TTD highlighted SRT as a breakout at our midsession video show on the Web.

  So far today, SRT is trading a heavy 205,084 shares, nine times its average daily volume of 23,000 shares. The stock is thinly traded.

  SRT came in with net for the first quarter of 11 cents a share, topping the breakeven from a year ago.

  The 11 cents also topped the consensus estimate on the Street of 5 cents a share.

  SRT's stock gapped higher in the morning and cleared its breakpoint line. (see 10-minute chart)

  The stock climbed to an intraday high of $10.88 in the morning.

  It then backed off slightly and trended sideways the rest of the day.

   Tape Action

   SRT's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $8.74 a few sessions ago to $9.40 Thursday morning.

  A key bullish trade during the day came in the morning when a block of 2,154 shares crossed the tape at $9.75.

  That was up from the prior block at $9.40 on 3,090 shares.

  Business

 SRT provides business services.  It operates in three areas: Domestic, nearshore and offshore.

   SRT's domestic segment included 13 facilities in the U.S. and one in Canada.

   Its Offshore unit included four facilities in the Philippines and its Nearshore unit two facilities, one in Honduras and one in Jamaica.

 SRT provides customer care, sales support, inbound sales, complex order processing, accounts receivable management, technical and product support, up-sell and cross-sell opportunities and customer analytics.

Charts

  SRT's 12-month performance chart shows the stock appreciating 135% versus an 18% gain for the stock market.

  Insiders have not been active, nor have their received stock options in the past several months.

  SRT's long-term chart shows the stock smacking up against long-term resistance around $10.

  So the breakout shows long-term bullishness developing.

  SRT's daily chart shows the stock in a flat base.

  It did attempt a breakout back in February, but faded back into the base.

  The breakout Thursday looks more powerful coming with a widening of the daily spread and expanding volume.

  The stock's CCI momentum indicator (bottom of chart) is very bullish.

  Earnings Outlook

  This year, analysts were forecasting a 1,400% surge in profits to 30 cents a share from 2 cents a year ago.

  However, that estimate could get boosted due to the big numbers in the first quarter.

  Going out to 2018, the Street has been predicting a 100% spurt in earnings to 60 cents a share from the anticipated 30 cents this year.

  Net for the second quarter is expected to be 3 cents against a loss of 11 cents the year before.

  The highest estimate is at 7 cents a share.

  Looking ahead to the third quarter, profits are projected to be at 9 cents a share, up 80% from the 5 cents the year before.   

Strategy Opinion:  TTD is targeting SRT for a move to $13 off this breakout. A protective stop can be placed near $9.15.

  TTD rates SRT an average intermediate-term play with a lot depending on earnings.

Suitability:  Aggressive Bulls

        TTD's special research of  Stock's Prior Performance:  

Probability - Breakout Success - Well Above Average - SRT has scored some sensational gains off its breakouts at times.

Probability - Earnings Response - Average - SRT has moved higher 6 times after its past 11 earnings reports where there was a significant change. It has moved sharply higher on the past three.

Probability:  Seasonal Success - Below Average -  SRT has moved lower an average of 6.6%  in May. It has been flat for June. Its best month is August with an average gain of 12.2%.

           Stock's Prior Performance After A Breakout

(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

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 - 6

Stocks Screened - 12,234

Long-Term Environment for bears:  Unfavorable.

Bear Side -  Small list of shorts Thursday. Retail plays getting hit. Bears be conservative.

TTD's short from Wednesday Acadia Pharmaceuticals drops 0.26 to $28.80. The short was at $29.06

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Macys Inc. (M) - 24.35, down 4.99

Profits Fall Sharply, TTD Sees Decline to 20

  M, based in Cincinnati, Ohio, operates department stores. Annual revenues: $25.8 billion. M's stock falls sharply Thursday after the company reported disappointing earnings. The move impacted other major retailers too. TTD sees M moving lower.

  TTD highlighted M as a short at our midsession video show on the Web Thursday.

  So far today, M is trading 47.2 million shares, 10-times its average daily volume of 4.6 million shares.

  M reported net for the fiscal second quarter ending in April came in at 23 cents a share down from 37 cents a year ago.

  M's stock fell sharply in the morning to $25.68. It lifted slightly, but then rolled over and fell to a low for the day of $24.25.

  It was unable to rally after the morning, but worked lower.

     Tape Action

  M's tape action shows the recent block trades.

  One can see the price for the blocks falling from $29.34 in the prior session to as low as $24.35.

  A key bearish trade came in the morning when a block of 63,000 shares crossed the tape at $26.20.

  That was down sharply from the prior block trade late the day before at $29.34 on 120,000 shares.

  Business

  M operates the Macy's, Bloomingdale's and Bluemercury stores.

 The Company sells apparel and accessories, cosmetics, home furnishings and consumer goods.

 Its  FDS Bank, provides credit processing, certain collections, customer service and credit marketing services .

The private label brands offered by M include Alfani, American Rag, Aqua, Bar III, Belgique, Charter Club, Club Room, Epic Threads, first impressions and Giani Bernini.

Earnings:

  This fiscal year ending in January of 2018, analysts have been forecasting an 11% increase in net to $3.45 a share from $3.11 the year before.

  However, that estimate should come down.

Charts:   

  M's daily chart shows the stock gapping lower cutting below key support with big volume. The move resumes M's long-term down trend from its peak at $73.61 in 2015.

  M's 12-month performance chart shows the stock down 23% versus an 18% gain for the stock market.

  Insiders were recent sellers at $28.55 in March.

Strategy Opinion: TTD is targeting M for a decline to $20 within the next few months, or sooner. A protective stop buy can be placed near $25.60.

Suitability: Aggressive Bears.

  TTD's special probability research of  stock's Prior Performance:  

Probability - Earnings Response -  Below Average. M rose 5 out of the past 12 earnings reports where there was a significant change.

Probability:  Seasonal Activity -- Below Average.  M has declined an average of 3.3% in May and was basically unchanged in June.

   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. - 2017

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.)