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Daily - Bullish Investors - Go To TTD Pre-Market Opening Breakout Watch List - Friday - July 1, 2022 |
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Daily - Go to TTD's Chart scroller of Breakout Stocks - Thursday - June 30, 2022 |
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Daily - Bullish Investors - Go To TTD Pre-Market Opening Breakout Watch List - Friday - July 1, 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 30, 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 stock.
Stock market - Major averages remain bearish in all time zones.
Comment - Potential for more on the downside. Key will be to watch for pre-earnings announcements.
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: BSET and LNN.
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 - HURN - Below Average |
HURN, based in Chicago, provides consulting services for healthcare and education. Annual revenues: $927 million. HURN's stock moves higher Thursday and breaks out from its 6-week, flat base. 
. So far today, HURN is trading 330,036 shares. Its average daily volume is 197,000 shares.
TTD sees more on the upside.
HURN's stock moved higher in the morning and cleared its breakpoint line.
The stock worked steadily higher and reached an intraday peak at $65.06 late in the day.
The stock was up $3.24 in after hours trading.
That is very bullish.
Tape Action
HURN's tape action shows the recent block trades.
One can see the prices for the blocks rising from $60.64 in the morning to as high as $64.99 in the afternoon.
A key bullish trade came in the morning when a block of 15,000 shares crossed the tape at $61.
That was up from the prior block at $60.64 on 1,720 shares.
Near the close a block of 39,500 shares crossed at $64.99.
That was up from the prior block at $63.95 on 1,797 shares.
That was bullish.
Business
HURN provides consulting services through three operating segments: Healthcare, business advisory and education.
The Healthcare segment serves providers and payors, including national and regional hospitals, integrated health systems, academic medical centers, community hospitals, medical groups and health plans.
The business advisory segment serves healthcare, energy and utilities, financial services, life sciences, industrials and manufacturing, education, and the public sector.
Charts
HURN's 12-month performance chart shows the stock up 32% versus an 11% loss for the stock market.
Insider were recent buyers at $38 to $39 using stock options.
They were sellers at $60 to $45 a share. .
HURN's long-term chart shows the stock climbing from $30 back in 2017 to a peak at $70 by 2019.
The stock fell back to $36 in 2020 due in part to the stock market drop
HURN has since climbed to $64.99 and has cleared its base. 
HURN's daily chart shows the stock climbing from $44 in March to a peak a $62 by May.
The stock broke out a few session as go, but faded back.
Now HURN drives clear is breakpoint zone.
The CCI momentum indicator is bullish.
Earnings Outlook
This year, analysts project HURN will post a 23% increase in net to $3.20 a share from the $2.61 the prior year.
Going out to 2023, the Street predicts an 18% rise in net to $3.76 a share from the anticipated $3.20 this year.
Net for the second quarter should climb 12% to 77 cents a share from the 69 cents the year before.
The company beat the Street estimate in the past four quarters by 19 cents a share, 3 cents, 2 cents and 23 cents.
Then in the third quarter this year, the Street predicts a 22% increase in net to 95 cents a share from the 78 dents the year before.
Strategy Opinion: TTD is targeting HURN for a move to $76 after a breakout.
A protective stop can be placed near $57.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
HURN scored modest gains off recent breakouts. |
Response to Net |
Bullish |
HURN rose 9 times after 15 earnings reports. |
Seasonal Success |
Bullish |
HURN avg. loss 2.1% in June, gain 6.9% in July. |
Earnings Beats |
Bullish |
HURN 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 |
30% |
4/8/2022 | 49.84 | 64.99 | Still in play |
14% |
7/30/2019 | 55.97 | 63.57 | 9/4/2019 |
13% |
7/6/2018 | 42.92 | 48.75 | 8/27/2018 |
(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'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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TTD’s Feature Stock Under Accumulation
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TTD's Quality Rating of Stock - ASH - Average |
ASH, based in Wilmington, produces special ingredients used in construction, energy and food markets. Annual revenues: $2.1 trillion. ASH's stock moves higher Thursday. It is in range to breakout from its two-month flat base.
So far today ASH is trading 408,563 shares. Its average daily volume is 520,000 shares.
TTD suggests accumulation in anticipation of a breakout. 
ASH's stock fell in the morning to an intraday low of $100.59.
However, the stock turned and rallied most of the day getting to an intraday high of $104.21
It then backed off in the final hour.
The stock was unchanged in after-hours trading.
Tape Action
ASH's tape action shows the recent block trades.
One can see the price for the blocks rising from $101.16 in the morning to as high as $103.57 late in the day.
A key bullish trade came in the morning when a block of 595 shares crossed the tape at $102.28.
That was up from the prior block at $101.16 on 2,023 shares.
Near the close a big block of 99,450 shares crossed at $103.05.
That was down slightly from the prior block at $103.06 on 600 shares.
Business
ASH produces additives and specialty ingredients for architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and drugs.
The life sciences segment comprises pharmaceuticals, nutrition, nutraceuticals, agricultural chemicals, advanced materials and fine chemicals.
The personal care covers, preservatives, skincare, sun care, oral care, hair care and household.
Charts
ASH's 12-month performance chart shows the stock up 18% versus a loss of 11% for the stock market.
Insider activity showed recent buyers at $101 a share. They bought at $37 using stock options.
They were sellers at $105 to $109.
ASH's long-term chart shows the stock rising from $43 back in 2016 to a peak at $86 by 2018.
However, the stock fell back to $39 in early 2020 when the stock market fell.
ASH has since rallied to $110. 
ASH's daily chart shows the stock rising from $88 in March to a peak near $110 by April.
The stock pulled back, rallied and then formed a flat base.
ASH is now rallying across the base.
The stock's CCI momentum indicator is now working higher.
Earnings Outlook
This fiscal year ending in September, the Street projects a 37% jump in net to $5.12 a share from the $3.75 the year before.
For 2023, analysts project a 14% increase in net to $5.87 a share from the anticipated $5.12 this year.
For the second quarter, analysts predict a 10% rise in net to $1.34 a share from the $1.22 the year before.
The highest estimate on the Street is at $1.56 a share. The company beat the Street estimate the past two quarters by 14 cents a share and one cent.
Then in the third quarter net should climb 15% to $1.40 a share from the $1.22 the year before.
Strategy Opinion: TTD suggests accumulation in ASH with further buying to be done on a breakout over $110.50
TTD is targeting MYE for a move to $127 after a breakout.
A protective stop can be placed near $106 after a breakout.
Intermediate-Term Rating: Average.
Suitability: Average Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
ASH scored modest gains off recent breakouts. |
Response to Net |
Bullish |
ASH rose 8 times after 15 earnings reports. |
Seasonal Success |
Bullish |
ASH avg loss 0.2% in July, gain 2.7% in Aug. |
Earnings Beats |
Bullish |
ASH beat net estimates 11 times 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 |
15% |
10/14/2021 | 94.74 | 109.26 | 11/19/2021 |
9% |
1/5/2021 | 80.30 | 87.86 | 1/12/2021 |
13% |
5/15/2018 | 76.06 | 85.88 | 8/8/2018 |
(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.)
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Stock's Long-term Chart
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Stock's Price Performance after Reporting Earnings
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Stock Performance Chart with Earnings Markers vs. S&P 500 Insider Buying in Green - Insider Selling in Red
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TTD's Key Stocks Under Accumulation
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StoneX Group Inc. (SNEX) - 78.07 Set a Stop Buy at 80.80 to Catch the Breakout Net to Climb 29% for Fiscal 2022 (Sept.)
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JinkoSolar Holding Co. (JKS) - 69.18 Set a Stop Buy at 69.60 to Catch the Breakout Net to Surge 64% 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 - 18
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable.
Bear Side - Large list of shorts with several good looking plays for bears.
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TTD's Quality Rating of Stock - NG - Below Average |
NG, based in Salt Lake City, Utah, produces gold. Annual revenues: Nil. NG's stock falls sharply Thursday and undercuts key techncial support. 
So far today, NG is trading 1.9 million shares, the same as its average daily volume.
TTD sees more on the downside. 
NG's stock fell in the morning and undercut key technical support.
The stock then trended lower the rest of the day.
It touched an intraday low of $4.78 late in the day.
Tape Action
NG's tape action shows the recent block trades.
One can see the price for the blocks falling from $5.20 in the morning to as low as $4.78 late in the day.
A key bearish trade came in the morning when a block of 8,000 shares crossed the tape at $5.13.
That was down from the prior block at $5.20 on 6,600 shares.
Near the close a big block of 148,006 shares crossed at $4.81 a share.
That came on an up tick from the prior trade at $4.80 on 200 shares.
Business
NG develops gold mining properties.
Its principal asset is a 50% interest in the Donlin Gold project in Alaska.
The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska. The Donlin gold project is owned and operated by Donlin Gold LLC, a limited liability company. It is owned equally by wholly owned subsidiaries of the company and Barrick Gold.
Charts
NG's daily chart shows the stock trending lower from $8 in April down to $5.19 by May..
The stock tried to rally, but fell back.
Now, NG cuts below key technical support with a widening of the daily spread.
The CCI momentum indicator is very bearish.
Earnings:
This fiscal year ending in November, analysts project a loss of 10 cents a share compared with a loss of 12 cents the year before.
Going out to fiscal 2023, analysts predict a loss of 9 cents a share.
For the fiscal third quarter ending in August the Street expects a loss of 2 cents a share compared with a loss of 4 cents a share the prior year.
Strategy Opinion: TTD is targeting NG for a decline to $3.80 within the next few months or sooner.
A protective stop buy can be placed near $5.10.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
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Response to Net |
Bullish |
NG rose 8 times after 15 earnings report. |
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Seasonal Success |
Bullish |
NG avg. loss 0.4% in July, gain 3.6% in Aug.. |
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.)
