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Daily - Go to TTD's Chart scroller of Breakout Stocks - Wednesday - June 15, 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.
Wednesday - June 15, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - None
Quality of Breakouts - None
Stocks Screened - 6,500
Bull side - No breakouts.
Stock market - Stocks rise after the Fed raises interest rates. Many stocks rise in after-hours trading.
Comment - Bulls be careful. Stock market may rally a bit but still vulnerable to more on the downside. Major averages remain bearish in all time zones.
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: None.
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 |
TTD's Quality Rating of Stock - ADC - Average |
ADC, based in Farmington Hills, Mich., is a real estate investment trust focused on retail properties. Annual revenues: $339 million. ADC's stock moves sharply higher Wednesday. It is in position to breakout from its 9-week, cup-and-handle base. 
TTD highlights ADC as a potential breakout.
There were no breakout stocks Wednesday.
So far today, ADC is trading 925,201 shares. Its average daily volume is 957,000 shares. 
ADC's stock moved steadily higher during the day.
The stock reached an intraday high of $69.72 late in the day.
ADC was unchanged in after-hours trading.
Tape Action
ADC's tape action shows the recent block trades.
One can see the price for the blocks rising from $67 in the prior session to as high as $69.72 in the afternoon.
A key bullish trade came in the morning when a big block of 1,478 shares crossed the tape at $67.64. 
That was up from the prior block at $67 on 6,801 shares.
Near the close a big block of 164,903 shares crossed at $68.70.
That was down from the prior trade at $68.71 on 100 shares.
Business
ADC is a real estate investment trust managing retail properties.
The company operates a portfolio of 1,404 properties, located in 47 states and containing approximately 29.1 million square feet of gross leasable area.
The Company's properties include AAMCO, AARON'S Rents, Page, Arizona, AARON'S Rents, Bullhead City, Arizona, AARON'S RENTS, Elk City,
Also owned is Oklahoma, Advance Auto Parts, Saginaw, Michigan, Advance Auto Parts, Sidney, Ohio, AT&T St. Robert, Missouri, AT&T St. Robert, Missouri, Academy Sports McKinney, Texas, ALDI Columbus, Georgia, Amazon Fresh Bloomingdale, Illinois,
Charts
ADC's 12-month performance chart shows the stock off 3% versus a loss of 12% for the stock market.
Insiders were recent buyers at $64 to 68 a share.
They have not done any selling.
ADC's long-term chart shows the stock rising from $30 a share in 2015 to a peak at $51 by 2016.
The stock based and then broke out is 2018 and surged to a peak at $80 by 2020
ADC
then pulled back and has since form a long-term base. .
ADC's daily chart shows the stock rising from $62.50 in February to a peak at $72 by April.
The stock then pulled back and formed a cup-an-handle base.
It is now moving higher and is a potential breakout.
The stock's CCI momentum indicator has now turned up. That is bullish.
Earnings Outlook
ADC's net this year should rise 12% to $3.92 a share from the $3.51 the year before.
Going out to 2023, the Street projects a 5% increase in net to 4.11 a share from the anticipated $3.92 this year.
For the second quarter, analysts predict a 9% increase in net to 97 cents a share from the 89 cents the year before.
Then in the third quarter net should climb 11% to 99 cents a share from the 89 cents the prior year.
Strategy Opinion: TTD is targeting ADC for a move to $79 after a breakout.
A protective stop can be placed near $66 at this point.
Intermediate-Term Rating: Average.
Suitability: Conservative Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
ADC scored small gains off recent breakouts. |
Response to Net |
Bullish |
ADC rose 11 times after 15 earnings reports. |
Seasonal Success |
Bullish |
ADC avg gain 0.4% in June, 3.6% in July. |
Earnings Beats |
Bearish |
ADC beat net estimates 0 times after 10 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 |
3% |
6/2/2021 | 71.78 | 73.72 | 6/10/2021 |
11% |
8/8/2019 | 70.57 | 78.44 | 10/29/2019 |
4% |
5/30/2018 | 51.21 | 53.13 | 7/18/2018 |
(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 - 8
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable.
Bear Side - Diversified list of shorts with several interesting plays for aggressive bears.
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TTD's Quality Rating of Stock - MEI - Below Average |
MEI, based in Chicago, supplies electronic and electro-mechanical devices to automobile original equipment makers. Annual revenues: 1.1 billion.
MEI's stock falls sharply Wednesday and undercuts key technical support. 
So far today, MEI is trading a heavy 665,204 shares, four times its average daily volume of 152,000 shares.
TTD sees potential for more on the downside. 
MEI's stock fell in the morning and undercut key technical support.
The stock touched an intraday low of $38.01.
It then lifted to near $40 and then trended sideways the rest of the day.
The stock was unchanged in after hours trading.
Tape Action
MEI's tape action shows the recent block trades.
One can see the price for the blocks falling from $42.01 in the prior session to as low as $38.01 in the morning.
A key bearish trade came in the morning when a block of 5,910 shares crossed the tape at $38.01.
That was down from the prior block at $42.41 on 22,851 shares.
Business
MEI has manufacturing plants in North America, Europe, Middle East and Asia. The company operates through four segments: Automotive, Industrial, Interface and Medical.
The auto segment supplies electronic and electro-mechanical devices to automobile original equipment makers.
The industrial segment makes external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and power-product assemblies.
Charts
MEI's daily chart shows the stock trending sideways However, Wednesday, the stock gaps lower with big volume cutting below support. .
The drop was triggered by the company estimating earnings for fiscal 2022 ended April at $2.68 to $2.72 a share.
That was below Street estimates of $3.09 a share.
The company will report in a few days. (See earnings line on chart)
The CCI momentum indicator is very bearish.
Earnings:
Looking to fiscal fourth quarter ending in April, the Street was forecasting a 2% rise in net to 83 cents a share from the 81 cents the year before.
Looking out to fiscal 2023 ending in April, the Street has been forecasting an 11% increase in net. That may come down.
Strategy Opinion: TTD is targeting MEI for a decline to $32.50 within the next few months or sooner.
A protective stop buy can be placed near $42.50.
Suitability: Average Bears.
TTD's Stock Probability research of Prior Performance:
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Response to Net |
Bullish |
MEI rose 8 times after 15 earnings report. |
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Seasonal Success |
Bearish |
MEI avg. gain 1.1% in June, loss 2.3% 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.)
