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Daily - Go to TTD's Chart scroller of Breakout Stocks - Tuesday - June 14, 2022 |
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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.
Tuesday - June 14, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - 1
Quality of Breakouts - Above Average.
Stocks Screened - 6,500
Bull side - Only one breakout and it's a potential buyout.
Stock market - Stocks still in a down trend and in a bear market. Key will be to look for an up day followed by a follow through move with strong volume. Not there yet.
Comment - Bulls be patient. Bears can be aggressive still as market has good momentum to the downside.
See Latest Earnings Reports - A company that tops the Street's highest earnings estimate has potential to go higher. Today's key earnings beats with a stock on the move higher: CNM, FERG and ASTL.
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 - Bearish |
Dow - Bearish |
Dow - Bearish |
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Nasdaq - Bearish |
Nasdaq - Bearish |
Nasdaq - Bearish |
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S&P 500 - Bearish |
S&P 500 - Bearish |
S&P 500 - Bearish |
Ticker Tape Digest's 
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TTD's Quality Rating of Stock - CLR - Above Average |
CLR, based in Oklahoma City, Ok., produces oil and gas in the U.S. Annual revenues: $5.7 billion. CLR's stock moves sharply higher Tuesday after getting a buy out offer at $70 a share. 
So far today CLR is trading 9.6 million shares, six times its average daily volume of 1.6 million shares.
With the stock trading over the buyout price, it could mean CLR has potential to move higher if the deal is sweetened. Of course there could be a drop if the deal is withdrawn.
CLR was the only breakout stock Tuesday. 
In after hours trading, CLR was down $1.02 a share.
Tape Action
CLR's tape action shows the recent block trades.
One can see the price for the blocks rising from $64.50 in the prior session to as high as $74,50 by the close.
A key bullish trade came in the morning when a big block of 123,052 shares (duplicated) crossed the tape at $73,41.
That was up from the prior block at $64.50 on 138,222 shares. 
Near the close a big block of 167,733 shares crossed at $74.22.
That was down from the prior big block at $74.50 on 15,742 shares.
Business
CLR produces crude oil and natural gas.
The company explores in the North, South, and East regions of the U.S.
The Company's North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken, Powder River Basin, and the Red River units.
CLR's South region covers properties south of Nebraska and west of the Mississippi River and includes the SCOOP and STACK areas of Oklahoma and the Permian Basin of Texas.
Charts
CLR's 12-month performance chart shows the stock up 110% versus a loss of 10% for the stock market.
Insiders were recent buyers at $57.58 to 59.52 a share.
They were sellers at $54 to $64.
CLR's
long-term chart shows the stock rising from $33 a share in 2017 to a peak at $71 by 2018. 
The stock then took a dive down to $7 in 2020 when the stock market fell. It has since surged back to $74.
CLR's daily chart shows the stock rising from $50 in January to $67 by April.
The stock then formed a cup-an-handle base.
It broke out in May but then fell back. It now gaps higher to resume its technical advance.
The stock's CCI momentum indicator is bullish.
Earnings Outlook
CLR's net this year should surge 159% to $12.09 a share from the $4.66 the year before.
Going out to 2023, the Street projects an 6% decline in net to $11.33 a share from the anticipated $12.09 this year.
For the second quarter, analysts predict a 221% jump in net to $2.92 a share from the 91 cents the year before.
Then in the third quarter surge 172% to $3.26 a share from the $1.20 the prior year.
Strategy Opinion: TTD is targeting CLR for a move to $84 within the next few months. A lot will depend on the buyout offer.
A protective stop can be placed near $69.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
CLR scored big gains off recent breakouts. |
Response to Net |
Bearish |
CLR rose 7 times after 15 earnings reports. |
Seasonal Success |
Bullish |
CLR avg gain 17.1% in June, loss 6.2% in July. |
Earnings Beats |
Bullish |
CLR beat net estimates 13 times after 19 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 |
34% |
9/15/2021 | 40.32 | 53.87 | 10/11/2021 |
23% |
6/1/2021 | 32.38 | 39.93 | 7/1/2021 |
53% |
2/8/2021 | 20.73 | 31.74 | 3/5/2021 |
(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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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 -
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable.
Bear Side - Large list of shorts as stock market falls sharply Tuesday extending down trend. Aggressive bears can be venturesome. Market momentum is strongly to the downside. Could trigger a further big drop.
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TTD's Quality Rating of Stock - GMED - Below Average |
GMED, based in Audubon, Pa., makes medical products covering implants and other services. Annual revenues: $958 million. GMED's stock falls sharply Tuesday and undercuts key technical support. 
TTD sees more on the downside.
So far today, GMED is trading 732,779 shares. Its average daily volume is 600,000 shares.
GMED's stock fell in the morning and undercut key technical support. 
The stock then trended lower most of he day. It touched an intraday low of $55.13 late in the day.
GMED lifted a bit in the final hour to trim its loss.
The stock was unchanged in after-hours trading.
Tape Action
GMED's tape action shows the recent block trades.
One can see the price for the blocks falling from $57.43 in the morning to as low as $55.32 late in the day.
A key bearish trade came in the morning when a block of 1,869 shares crossed the tape at $56.69.
That was down from the prior block at $57.43 on 2,764 shares.
Business
GMED makes medical devices such as implants. They serve patients with musculoskeletal disorders, including the use of a robotic guidance and navigation system and products to treat orthopedic traumas.
It groups its products into two categories: Musculoskeletal solutions and enabling technologies.
Its Musculoskeletal Solutions consist primarily of implantable devices, biologics and surgical instruments used for spinal, orthopedic and neurosurgical procedures. . 
Charts
GMED's daily chart shows the stock trending lower from $82 in April down to $57 by May.
The stock tried to rally but has now rolled over and cut below key technical support.
The CCI momentum indicator is very bearish.
Earnings:
This year, analysts predict a 3% rise in net to $2.10 a share from the $2.04 the year before.
For the upcoming second quarter, the Street predicts an 4% decline in net to 54 cents a share from the 56 cents the year before.
Then in the third quarter net should rise 6% to 53 cents a share from the 50 cents the year before.
Strategy Opinion: TTD is targeting GMED for a decline to $48 within the next few months or sooner.
A protective stop buy can be placed near $59
Suitability: Average Bears.
TTD's Stock Probability research of Prior Performance:
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Response to Net |
Bullish |
GMED rose 8 times after 15 earnings report. |
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Seasonal Success |
Bearish |
GMED avg. loss 4.6% in June, gain 4.5% 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.)
