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Daily - Go to TTD's Chart scroller of Breakout Stocks - Tuesday - June 21, 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.
Tuesday - June 21, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - 3
Quality of Breakouts - Below Average.
Stocks Screened - 6,500
Bull side - Small list of breakouts and very selective. Bulls be conservative.
Stock market - Major averages remain bearish even though the market rises sharply Tuesday.
Comment - Market advance is good for bulls. The key now will be if the market can stage a strong follow through move.
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: LEN.
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 - TRMD - Average |
TRMD, based in London, operates 80 sea tankers transporting oil and jet fuel. Annual revenues: $620 million. TRMD's stock drives higher Tuesday and breaks out from its 5-week, flat base. 
The move carries TRMD to a two-year high.
TTD sees chances for more on the upside.
Volume is at 602,714 shares. Its average daily volume is 480,000 shares.
TRMD's stock rose in the morning and cleared its breakpoint line.
The stock then trended sideways near $15 the rest of the day.
In after-hours trading, TRMD was up 42 cents a share.
Tape Action
TRMD's tape action shows the recent block trades.
One can see the prices for the blocks rising from $12.85 in the prior session to as high as $15 in the afternoon.
A key bullish trade came in the morning when a block of 11,363 shares crossed the tape at $14.18.
That was up from the prior block at $12.85 on 11,996 shares in the prior session.
Near the close a block of 3,421 shares crossed at $14.83.
That
came on an up tick from the prior trade at $14.82 on 100 shares. .
Business
TRMD operates a fleet of tankers transporting refined oil products, such as gasoline, jet fuel and naphtha.
The company has 80 vessels specifically configured to move energy and clean petroleum products from refineries to end users.
TRMD vessels vary in size from 35,000 - 115,000 deadweight tonnage (dwt).
Charts
TRMD's 12-month performance chart shows the stock up 70% versus a 10% loss for the stock market.
Insider activity was not available. .
TRMD's long-term chart shows the stock coming public in 2018. The stock formed a long-term base.
The
breakout long-term comes with a pattern of stock volume. That is bullish. 
TRMD's daily chart shows the stock in a solid up trend from $8 to near $14.50.
The stock formed a small flat base
It now breaks out with a gap move and expanding volume.
That is bullish.
The CCI momentum indicator is strongly bullish.
Earnings Outlook
This year, analysts project TRMD will post a big profit of $2.82 a share compared with a loss of 54 cents a share a year ago.
Net for the second quarter should soar to $1.23 a share from 3 cents the year before.
Only one analysts follows the stock.
The company beat the Street estimate in the prior quarter by 5 cents a share.
TRMD has a price-earnings ratio of 5.
Then in the third quarter this year, the Street predicts a profit of 70 cents a share versus a loss of 19 cents the year before.
Going out to 2023, the Street sees a 16% decline in net to $2.36 a share from the anticipated $2.82 this year.
Strategy Opinion: TTD is targeting TRMD for a move to $18.
A protective stop can be placed near $13.20.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
TRMD recent scored a big gain a breakout. |
Response to Net |
Bullish |
TRMD rose 3 times after 5 earnings reports. |
Seasonal Success |
Bullish |
TRMD avg. loss 2.5% in June, gain 3% in July. |
Earnings Beats |
Bullish |
TRMD beat net estimates 1 time after 1 report. |
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 |
35% |
5/12/2022 | 10.98 | 14..83 | Still in play |
17% |
4/1/2022 | 8.78 | 10.26 | 4/18/2022 |
11% |
2/16/2021 | 8.12 | 9.02 | 2/19/2021 |
(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 - TRMD
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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 Breakout Stocks
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Hallador Energy Co. (HNRG) - 7.38 Breakpoint Point 6.80 No Street Estimates This Year
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Meridian Bioscience Inc. (VIVO) - 29 Breakpoint 28.71 Net to Decline 19% for Fiscal 2022 (Sept.)
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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 - 4
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable.
Bear Side - Small list of shorts. but some interesting plays.
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TTD's Quality Rating of Stock - ACAD - Below Average |
ACAD, based in Atlanta, is a biotech firm working on treatments for genetic neurodevelopmental diseases. Annual revenues: $484 million. ACAD's stock gaps lower Tuesday and undercuts key technical support. 
So far today, ACAD is trading 22.2 million shares, six times its average daily volume of 3.5 million shares.
TTD sees more on the downside.
ACAD's stock gapped lower in the morning and undercut key support. 
The stock touched an intraday low of $12.24 in the morning.
ACAD then trended sideways the rest of the day.
Tape Action
ACAD's tape action shows the recent block trades.
One can see the price for the blocks falling from $13,25 in the morning to as low as $12.62 later in the morning.
A key bearish trade came in the morning when a block of 25,000 shares crossed the tape at $12.83.
That was down from the prior block at $13.25 on 99,800 shares.
Near the close a big block of 718,216 shares crossed at $13.01.
That was up from the prior block at $13 on 174,448 shares.
Business
ACAD develops and commercializes novel RNA-based medicines to treat severe and rare genetic neurodevelopmental diseases.
The company’s pipeline product candidates in CNS areas includes NUPLAZID, Trofinetide, ACP-044 and ACP-319. NUPLAZID is used to treat hallucinations and delusions associated with Parkinson’s disease psychosis.
ACAD also initiated an additional Phase II study evaluating ACP-044 to treat pain from osteoarthritis.
Charts
ACAD's daily chart shows the stock falling from $28 in April down to $15 by May..
The stock tried to bottom and rally,.but failed.
Now it gaps lower with big volume.
The CCI momentum indicator is very bearish.
Earnings:
ACAD is expected to show a loss of $1.41 a share this year, compared with a loss of $1.05 the prior year.
Going out to 2023, the Street predicts a loss of 77 cents a share.
For the second quarter, a loss of 24 cents a share is projected versus a loss of 27 cents the year before.
Then in the third quarter a loss of 21 cents a share is expected versus a loss of 9 cents the prior year.
Strategy Opinion: TTD is targeting ACAD for a decline to $10 within the next few months or sooner.
A protective stop buy can be placed near $14.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
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Response to Net |
Bullish |
ACAD rose 9 times after 15 earnings report. |
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Seasonal Success |
Bearish |
ACAD avg. loss 3.4% in June, loss 8.7% 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.)
