Ticker Tape Digest

Tuesday - June 7, 2022

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.

   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.

Monday - June 6, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakout Stocks - 9

Quality of Breakouts - Above Average.

Stocks Screened -  6,500

Bull side -  Large list of breakouts Tuesday as stock market pushes higher.

Stock market - Market rallies within a bear market. Bulls be selective. Market still vulnerable.

Comment - Aggressive bulls can be venturesome as energy stocks still dominate. June and July tend to be seasonally bullish.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Today's key earnings beats: ASO, SJM, CURV, PlAY and LMNR.

Stock Market Momentum

(Daily is based on a moving average)

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action

(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 near breakpoint by using market order or stop buy.  They can also be bought soon after a follow through move, sometimes on an intraday pullback.

Tuesday Breakouts 

TTD's Feature Breakout Stock

AAR Corp. (AIR) - 52.35, up 2.51, Breakpoint 51.95

Net to Surge 89% For Fiscal 2022 (May), TTD Targets 62

   AAR, based in Wood Dale, Il., produces products for commercial aviation and defense markets. Annual revenues: $1.7 billion. AAR's stock drives higher Tuesday and breaks out from its 12-week, cup-and-handle base.   

  So far today, AAR is trading a heavy 771,144 shares, triple its average daily volume of 251,000 shares.

  TTD sees good chances for more on the upside.

  AAR's stock moved higher in the morning and cleared its breakpoint line around noon.

  The stock then paused. It resumed its advance again and reached an intraday peak at $52.83 in the afternoon.

  It then trended sideways into the close.

  In after-hours trading the stock was up 35 cents a share.

   Tape Action

  AIR's tape action shows the recent block trades.

  One can see the price for the blocks rising from $49.84 in the prior session to as high as $52.38 in the afternoon.

  A key bullish trade came in the morning when a block of 3,632 shares crossed the tape at $51.25.

  That was up from the prior block the day before at $48.84 on 21,425 shares.

  Near the close a big block of 41,375 shares crossed at $52.35.

  That came on an up tick from the prior trade at $52.34 on 200 shares.

  That was bullish.

   Business 

  AIR, produces spare parts and maintenance support for aircraft operated by its commercial and government/defense customers.

  It provides customized inventory supply chain management, performance-based logistics programs, customer fleet management and aircraft component repair management services.

The company makes pallets, shelters and containers used to support the U.S. military’s requirements for a mobile and agile force, including engineering, design and system integration services for command and control systems.  

Charts

  AIR's 12-month performance chart shows the stock up 28% versus a loss of 3% for the stock market.

  Insiders were recent buyers using stock options at $18.94 to $24 a share.

 They were sellers at $35 to $51 a share recently.  

  AIR's long-term chart shows the stock rising from $18.36 in 2016 to a peak at $52 by 2020.

 However, the stock took a tumble down to $8.56 by 2020 as the stock market fell.

  Since then ASH has rallied strongly to $52.

 AIR's daily chart shows the stock rising from $38 in January to a peak near $52 by April.

  AIR then pulled back and formed a classic cup-and-handle base.

  The breakout comes with a widening of the daily spread and expanding volume.

  Idea.

  The stock's CCI  momentum indicator is strongly bullish..

  Earnings Outlook

  This fiscal year ending in May, the Street  predicts an 89% surge in net to 2.48 a share from the $1.31 the year before.

  For fiscal 2022, analysts project a 34% increase in net to $3.32 a share from the anticipated $2.48 this fiscal year.

 For the fiscal fourth quarter ending in May, analysts expect a 68%  leap  in net to 79 cents a share from the 47 cents the year before.

 Then in the fiscal first quarter ending in August , they see a 33% jump in net to 69 cents a share from the 52 cents the prior year.

Strategy Opinion: TTD is targeting AIR for a move to $62 within the next few months, or sooner.

 A protective stop can be placed near $48.

Intermediate-Term Rating: Average.

Suitability:  Average Bulls.

TTD's special research of Stocks Prior Performance: 

                  Stock's Prior Performance After a Breakout