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Daily - Bullish Investors - Go To TTD Pre-Market Opening Breakout Watch List - Friday - June 3, 2022 |
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Daily - Go to TTD's Chart scroller of Breakout Stocks - Thursday - June 2, 2022 |
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Daily - Bullish Investors - Go To TTD Pre-Market Opening Breakout Watch List - Friday - June 3, 2022 |
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(WMV video player download for Google) https://videoconverter.iskysoft.com/play-video/wmv-player-for-chrome.html 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.
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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 Swing - 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 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: 1-480-878-8381 or 480-704-3331.
Thursday - June 2, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - 9
Quality of Breakouts - Above Average.
Stocks Screened - 6,500
Bull side - Energy stocks dominate the breakout list.
Stock market - Stock market rallies during the day to finish with a good gain. The market continues its rally in the bear market.
Comment - Bulls be conservative. Many stocks have overhead resistance. So, the market is still vulnerable. Major averages bullish on a daily basis.
See Latest Earnings Reports - A company that tops the Street's highest earnings estimate has potential to go higher. Today's key earnings beats: CRWD, STNE, SPTN, LULU and RH.
Stock Market Momentum
(Daily is based on a moving average)
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Market (Daily) |
Market (Weekly) |
Market (Monthly) |
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Dow - Bullish |
Dow - Bearish |
Dow - Bullish |
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Nasdaq - Bullish |
Nasdaq - Bearish |
Nasdaq - Bearish |
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S&P 500 - Bullish |
S&P 500 - Bearish |
S&P 500 - Bullish |
Ticker Tape Digest's 
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TTD's Quality Rating of Stock - CEIX - Above Average |
CEIX, based in Canonsburg, Pa.,produces coal. Annual revenues: $1.3 billion. CEIX's stock moves higher Thursday and breaks out from its 5-week, flat base. 
The move carries the stock to an all-time high. CEIX came public in late 2017.
So far today, CEIX is trading 667,813 shares. Its average daily volume is 733,000 shares.
TTD sees potential for more on the upside since energy stocks are hot.
CEIX's stock moved higher in the morning and cleared its base.
The stock reached an intraday peak at $57.38 in the morning.
It then moved mostly sideways the rest of the day.
In after-hours trading, CEIX was up 37 cents a share.
Tape Action
CEIX's tape action shows the recent block trades.
One can see the price for the blocks rising from $53.84 in the morning to as high as $57.20 later in the morning.
A
key bullish trade came in the morning when a block of 3,876 shares crossed the tape at $55.02. 
That was up from the prior block at $53.84 on 7,400 shares.
Near the close a big block of 32,373 shares crossed at $56.63.
That was up from the prior block at $56.58 on 2,000 shares.
Business
CEIX produces high-Btu bituminous thermal and crossover metallurgical coal.
The company operates longwall mining operations in the Northern Appalachian Basin
CEIX has two segments: the PAMC and the CONSOL Marine Terminal.
PAMC sells bituminous coal to industrial end-users, power generators and metallurgical end-users.
The company's subsidiary, CONSOL Marine Terminals LLC provides coal export terminal services through the Port of Baltimore.
CEIX's flagship operation is the Pennsylvania Mining Complex, located in Greene and Washington counties. The Pennsylvania Mining Complex consists of Bailey Mine, Enlow Fork Mine, Harvey Mine, Centralized Coal Processing facility and Train Loadout facility.
Charts
CEIX's 12-month performance chart shows the stock up 240% versus a loss of 2% for the stock market.
Insiders were recent buyers using stock options. The price was not disclosed.
They were sellers at $42 to $51 a share.
CEIX's long-term chart shows the stock coming public at $22.50 in 2017. The stock rose to 48.12. by 2018.
However,
it then fell back to $3.61 in 2020 when the stock market fell.
CEIX then bottomed and then rallied strongly the past several months to $55.21
It now breaks out from its flat base.
PDCE's daily chart shows the stock in a nice up trend above its 50-day weighted moving average line.
The stock's CCI momentum indicator is solidly bullish..
Earnings Outlook
This year, the Street predicts a 360% jump in net to $9.48 a share from the $2.06 the year before.
For 2023, analysts project a 137% leap in net to $22.46 a share from the anticipated $9.48 this year.
For the second quarter, analysts expect a 243% jump in net to $1.99 a share from the 58 cents the year before.
Then in the third quarter net should skyrocket 3,057% to $2.21 a share from the 7 cents the year before.
Strategy Opinion: TTD is targeting CEIX for a move to $65 within the next few months, or sooner.
A protective stop can be placed near $50
Intermediate-Term Rating: Above Average.
Suitability: Average Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
CEIX scored big gains off recent breakouts. |
Response to Net |
Bearish |
CEIX rose 6 times after 15 earnings reports. |
Seasonal Success |
Bullish |
CEIX avg loss 1.4% in June, gain 4.8% in July. |
Earnings Beats |
Bullish |
CEIX beat net estimates 9 times after 17 reports. |
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 |
55% |
4/6/2022 | 36.65 | 56.63 | Still in play |
51% |
5/17/2021 | 12.78 | 19.28 | 7/14/2021 |
(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. Sell point can be a cut below the 50-day M/A.)
TTD Breakout Stock
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Long- Term Chart
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Stock's Price Performance after Reporting Earnings
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12 - month Performance Chart vs. S&P 500
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TTD's Breakout Stocks
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Veritiv Corp. - Breakout Stock
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Lantheus Holdings Inc. - Breakout Stock
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Navigator Holdings Ltd. (NVGS) - Breakout Stock
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Graphic Packaging Holding Co.(GPK) - Breakout Stock
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Ticker Tape Digest’s
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 - 1
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable.
Bear Side - Stock market rallying in a bear market. Bears be patient and watchful.
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TTD's Quality Rating of Stock - IMUX - Below Average |
IMUX, based in New York, is a biotech firm working on treatments for chronic inflammatory and autoimmune diseases. Annual revenues: Nil. IMUX's stock falls sharply Thursday after disappointing test results for one of its products. 
So far today, IMUX is trading a heavy 25.8 million shares.
Its average daily volume is 326,000 shares.
TTD sees more on the downside. 
IMUX's stock fell sharply in the morning and undercut key support.
It touched an intraday low of $2.52 in the morning.
The stock then lifted to $3.89 and then trended sideways the rest of the day.
Tape Action
IMUX's tape action shows the recent block trades.
One can see the price for the blocks declining from $5.90 in the prior session to as low as $2.25 in the morning.
A key bearish trade came in the morning when a block of 25,000 shares crossed the tape at $2.25. That was down sharply from the prior block at $5.90 on 39,013 shares in the prior session.
The stock then worked its way high during the day in rebound action.
Business
IMUX., formerly Vital Therapies, Inc., is a biotech firm working on oral therapies to treat chronic inflammatory and autoimmune diseases.
The company is developing three small molecule products.: IMU-838 is a selective immune modulator that inhibits the intracellular metabolism of activated immune cells by blocking the enzyme DHODH.
IMU-935 is an inverse agonist of RORyt, and IMU-856 targets the restoration of the intestinal barrier function. The company’s lead development program, IMU-838, is in Phase II development for ulcerative colitis and relapsing-remitting multiple sclerosis.
Charts
IMUX's daily chart shows the stock trending lower from $13 down to $5 by March. 
The stock tried to form a bottom.
However, it now gaps lower on massive volume triggered by the disappointing test results.
IMUX's CCI momentum indicator is versus bearish.
Earnings:
This year analysts project a loss of $3.01 a share compared with a loss of $3.93 the year before.
Going out to 2023, they see a loss of $3.30 a share.
For the second quarter, the Street expects a loss of 72 cents a share compared with a loss of 82 cents the year before.
Then in the third quarter a loss of 73 cents a share is projected against a loss of 76 cents a share the prior year.
Strategy Opinion: TTD is targeting IMUX for a decline to $2 within the next few months or sooner.
A protective stop buy can be placed near $3.40.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
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Response to Net |
Neutral |
IMUX rose 3 times after 6 earnings report. |
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Seasonal Success |
Bullish |
IMUX avg. loss 0.2% in June, gain 12.3% July. |
Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
Guide: Symbol=Ticker, Name=Corporate name, Entry is the buy price to enter on the breakout, Last=prior close, Change=change from last close to prior, Date=date of price of close etc, Gain in blue is price above breakpoint (entry), Gain in red is price below breakpoint (entry)., % Gain in blue is % over breakpoint (entry), Gain in red is % below breakpoint (entry)
Copyright --- Ticker Tape Digest - 2022
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 Money Show 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 1-480-704-3331 or 480-878-8381
Distributed by Corona Publishing Enterprises. Ticker Tape Digest Inc. 1220 W. Sherri, Gilbert, Az. 85233.
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.
Credit cards accepted. Payable to Corona Publishing Enterprises.
(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.)
