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Daily - Go to TTD's Chart scroller of Breakout Stocks - Thursday - June 23, 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 23, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - 6
Quality of Breakouts - Average.
Stocks Screened - 6,500
Bull side - Small list of breakouts, but some interesting plays for aggressive bulls.
Stock market - Major averages remain bearish in all time sectors. Bulls be patient and watchful.
Comment - Breakout list selective, but some interesting plays. Stock market in a rally phase within a bear market
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: FDS, APOG and GMS.
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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As - 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 - UTHR - Average |
UTHR's stock moves sharply higher Thursday and breaks out from its 5-week, cup-and-handle base.
The move carries UTHR to a new all-time high. It came public back in 2010.
TTD sees potential for more on the upside. 
So far today UTHR is trading 747,807 shares. Its average daily volume is 543,000 shares.
UTHR's stock moved higher in the morning and then trended sideways just below its breakpoint line.
Then in the afternoon the stock drove higher clearing its breakpoint line and closing near its high for the session.
That is bullish.
However, in after-hours trading UTHR was down $6.76 a share.
So, it will be important to see how UTHR opens on Friday.
Tape Action
UTHR's tape action shows the recent block trades.
One
can see the prices for the blocks rising from $232.31 in the morning to as high as $240.86 by the close. 
A key bullish trade came in the morning when a block of 1,200 shares crossed the tape at $235.40.
That was up from the prior block at $232.31 on 2,394 shares.
Near the close a block of 31,708 shares crossed at $240.86.
That was up from the prior block at $239.15 on 1,000 shares.
That was bullish.
Business
UTHR is a pharmaceutical company.
The company sells four commercial therapies in the U.S. to treat ulmonary arterial hypertension: Tyvaso Inhalation Solution, which includes the Tyvaso Inhalation System; Remodulin Injection ; Orenitram Extended-Release Tablets and Adcirca tablets.
Tyvaso has also been approved to treat pulmonary hypertension associated with interstitial lung disease.
It also sells an oncology product, Unituxin Injection , which is approved to treat high-risk neuroblastoma, and the remunity pump.
Charts
UTHR's 12-month performance chart shows the stock up 38% versus an 11% loss for the stock market.
Insider were recent buyers at $53 to $111 using stock options.
They were sellers at $228 to $215 a share. .
UTHR's long-term chart shows the stock climbing from $74 back in 2019 to a peak at $216 by 2021.
The
stock fell back to $159 this year, but has since come on strongly.
UTHR's daily chart shows the stock climbing from $160 in March to a peak at $236 by May.
The stock put down a small cup-and-handle base.
UTHR now breaks out. The action is impressive given the down trend of the stock market.
The CCI momentum indicator is strongly bullish.
Earnings Outlook
This year, analysts predict UTHR will post a big 71% increase in net to $17.23 a share from the $10.06 the prior year.
Going out to 2023, the Street predicts a 10% rise in net to $18.96 a share from the anticipated $17.23 this year.
Net for the second quarter should rise 13% to $4.12 a share from the $3.65 the year before.
The company beat the Street estimate three out of the past four quarters.
For the third quarter, the Street expects a 24% increase in net to $4.25 a share from the $3.42 the year before.
Strategy Opinion: TTD is targeting UTHR for a move to $280.
A protective stop can be placed near $232.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
UTHR scored good gains off recent breakouts. |
Response to Net |
Bullish |
UTHR rose 10 times after 15 earnings reports. |
Seasonal Success |
Bullish |
UTHR avg. gain 0.6% in June, gain 0.9% in July. |
Earnings Beats |
Bullish |
UTHR beat net estimates 13 time after 20 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 |
19% |
4/1/2021 | 177.83 | 211.93 | 4/21/2021 |
38% |
1/14/2016 | 135.84 | 186.82 | 4/14/2015 |
17% |
9/10//2014 | 115.86 | 136.16 | 9/24/2014 |
(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's Feature 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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Huron Consulting Group Inc. (HURN) - 62.90 Net to Jump 23% This Year
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FTI Consulting Inc. (FCN) - 173.46 Net to Rise 2% This Year
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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 - 10
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable
Bear Side - Large list of shorts even though the stock market rose. Bears can be venturesome.
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TTD's Quality Rating of Stock - KAMN - Below Average |
KAMN, based in Bloomfield, Ct., makes products for the aerospace and defense industries. Annual revenues: $709 million. KAMN's stock falls sharply Thursday undercutting key technical support.
So far today, KAMN is trading 129,870 shares. Its average daily volume is 223,000 shares.
TTD sees potential for more on the downside.
KAMN's stock gapped lower in the morning and fell below its key technical support.
The stock touched an intraday low at $30.46 around noon. 
It then lifted slightly in the afternoon.
Tape Action
KAMN's tape action shows the recent block trades.
One can see the price for the blocks falling from $32.10 in the morning to as low as $30.56 around noon.
A key bearish trade came in the morning when a block of 1,000 shares crossed the tape at $31.43.
That was down from the prior block at $32.10 on 2,029 shares.
Business
KAMN sells aircraft bearings and components; super precision, miniature ball bearings, and spring energized seals, springs and contacts.
The precision Products segment sells precision safe and arming solutions for missile and bomb systems for the U.S. and allied militaries.
It also subcontracts helicopter work; restoration, modification and support of its SH-G Super Seasprite maritime helicopters, and support of its heavy lift K-MAX manned helicopter.
Charts
KAMN's daily chart shows the stock trending lower from $46 in April down to $32..
The stock tried to rally but fails.
It has now cut below key technical support.
The CCI momentum indicator is bearish.
Earnings:
KAMN should show a 6% decline in net to $1.82 a share from the $1.93 the prior year.
Going out to 2023, the Street projects a 23% increase in net to $2.25 a share from the anticipated $1.82 this year.
For the second quarter, net should fall 32% to 38 cents a share from the 56 cents the prior year.
Then in the third quarter net should rise 3% to 62 cents a share from the 60 cents the year before.
Strategy Opinion: TTD is targeting KAMN for a decline to $26 within the next few months or sooner.
A protective stop buy can be placed near $33.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
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Response to Net |
Bearish |
KAMN rose 7 times after 15 earnings report. |
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Seasonal Success |
Bearish |
KAMN avg. loss 0.4% in June, loss 5.6% in 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.)
