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Daily - Go to TTD's Chart scroller of Breakout Stocks - Thursday - July 14, 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 - July 14, 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 as stock market declines.
Stock market - Major averages are in a down trend in all time zones.
Comment - Bulls need to be cautious. The key now will be the flow of earnings and how stocks react.
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: TSM, CTAS, FRC and AOUT.
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 - ENPH - Average |
ENPH, based in Fremont, Ca., sells microinverter-based solar and battery systems. Annual revenues: $1.4 billion. ENPH's stock pushes higher Thursday. It is close to a breakout from its 15-week, cup-and-handle base.
There were no breakout stocks Thursday. So, TTD highlights a stock near a breakout.
So far today, ENPH is trading 1.9 million shares. Its average daily volume is 2.8 million shares.
TTD suggests accumulation in ENPH.
ENPH's stock fell in the morning to an intraday low of $185.20. 
The stock then worked steadily higher the rest of the day.
Near the close strong volume came in as the stock finished at $197.80 in after hours trading.
Tape Action
ENPH's tape action shows the recent block trades.
One can see the price for the blocks rising from $185.74 in the morning to as high as $196.92 by the close.
A key bullish trade came in the morning when a block of 3,942 shares crossed the tape at $192.57.
That was up from the prior block at $186.06 on 3,700 shares.
Near the close a big block of 78,039 shares crossed at $196.92.
That was up from the prior block at $194.01 on 3,092 shares.
Business
ENPH is a supplier of microinverter-based solar and battery systems.
Its semiconductor-based microinverter converts energy at the individual solar module level and, combined with its networking and software technologies, provides advanced energy monitoring and control.
The company’s Enphase Home Energy Solution with IQ platform, which is an integrated solar, storage and energy management offering, uses a single technology platform for managing the system.
Charts
EMPH's 12-month performance chart shows the stock up 20% versus a loss of 11% for the stock market.
Insider were buyers at 70 cents to $1.31 a share using stock options.
They were sellers at $188 to $200 a share.
ENPH's long-term chart shows the stock soaring from $12 back in 2019 to a peak at $282 by late in 2021.
The stock then fell back to $114 earlier this year. It has since rebounded and now is basing. 
ENPH's daily chart shows the stock rising from $120 in January to $212 by April.
The stock pulled back and then rallied back to its prior peak
The past few weeks the stock has been basing nicely.
It is in range to breakout soon if it can put together a good rally. .
ENPH's CCI momentum indicator is now turning up.
Earnings Outlook
This year, the Street predicts a 46% surge in net to $3.51 a share from the $2.41 the prior year.
For 2023, analysts project a 28% increase in net to $4.49 a share from the anticipated $3.51 this year.
For the second quarter, analysts predict a 55% jump in profits to 82 cents a share from 53 cents the year before.
Then in the third quarter net should jump 50% to 90 cents a share from the 60 cents the year before.
Strategy Opinion: TTD suggests accumulation in ENPH. TTD is targeting ENPH for a move to $225 within the next few months - after a breakout.
A protective stop can be placed near $189.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
ENPH scored massive gains off recent breakouts. |
Response to Net |
Bullish |
ENPH rose 11 times after 15 earnings reports. |
Seasonal Success |
Bullish |
ENPH avg gain 14.8% in July, gain 1.8% in Aug. |
Earnings Beats |
Bullish |
ENPH beat net estimates 16 time 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 |
36% |
10/27/2021 | 197.38 | 267.74 | 11/19/2021 |
80% |
11/16/2020 | 119.13 | 213.76 | 1/7/2021 |
169% |
9/29/2020 | 79.37 | 213.76 | 1/7/2021 |
66% |
2/6/2020 | 35.49 | 58.74 | 2/20/2020 |
(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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Feature Stock Under Accumulation
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TTD's Quality Rating of Stock - AZO - Average |
AZO, based in Memphis, Ten., sells auto replacement parts in the U.S. Annual revenues: $14.6 billion. AZO's stock edges higher Thursday. It is in position to breakout from its 15-week, reverse head-and-shoulder pattern. 
So far today, AZO is trading 180,140 shares. Its average daily volume is 168,000 shares.
AZO's stock gapped lower in the morning when the stock market fell.
The stock touched an intraday low of 2122.65.
AZO lifted slightly and then trended sideways most of the day. 
However, in the final hour AZO rallied strongly to finish at 2175.34
In after-hours trading, AZO was up 16 cents a share.
Tape Action
AZO's tape action shows the recent block trades.
One can see the prices for the blocks rising from $23.20 in the morning to as high as $24.52 in the afternoon.2135,60 in the morning to as high as 2185.10 late in the day.
A key bullish trade came in the morning when a block of 302 shares crossed the tape at $2141.50.
That was up from the prior block at $2135.60 on 905 shares..
Near the close a big block of 12,351 shares crossed at $2175.30.
That was up from the prior trade in the sequence at $2174.20 on 100 shares.
Business
AZO is a retailer selling auto parts in the U.S.
Each store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured auto hard parts and non-auto products.
The company has 6,115 stores in the U.S., 673 stores in Mexico and 58 in Brazil.
Charts
AZO's 12-month performance chart shows the stock up 38% versus an 13% loss for the stock market.
Insider were recent buyers around $1,901 a share. They also bought using stock options at $425 to $744 a share.
They were sellers at $2,220 to $2,120 a share. .
AZO's long-term chart shows the stock climbing from $491 back in 2017 to a peak at $1274 by 2019.
The stock fell back to $684 in early 2020 when the stock tumbled However, AZO has since rallied strongly 2,267 and is now basing. 
AZO's daily chart shows the stock climbing from $1,800 in February to a peak at $,265 by April.
The stock pulled back, rallied and is now basing.
Near-term AZO is in a flat base.
The CCI momentum indicator is slightly bullish.
Earnings Outlook
This fiscal year ending in August analysts predict a 21% rise in net to $115.05 a share from the $95.19 the year before.
Going out to fiscal 2023, the Street predicts a modest 7% rise in net to $123.31 a share from the anticipated $115.05 this fiscal year.
Quarterly earnings will show modest growth.
Net for the fiscal fourth quarter ending in August should rise 7% to $38.32 a share from the $35.72 the year before.
The company beat the Street estimate the past four quarters by $3.16 a share, $4.50, $4.86 and $5.52.
For the fiscal first quarter ending in November, the Street predicts a 10% increase in net to $28.25 a share from the $25.69 the year before.
Strategy Opinion: TTD suggests accumulation of AZO in anticipation of a breakout over $2,266.
TTD is targeting AZO for a move to $2,600 within the next few months after a breakout. A protective stop can be placed near $2,130 after a breakout.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
AZO scored modest gains off recent breakouts. |
Response to Net |
Bullish |
AZO rose 11 times after 15 earnings reports. |
Seasonal Success |
Bullish |
AZO avg. gain 4.97% in July, gain 0.3% in Aug, |
Earnings Beats |
Bullish |
AZO beat net estimates 20 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 |
7% |
4/7/2022 | 2110 | 2254 | 4/20/2022 |
14% |
10/14/2021 | 1670 | 1911 | 11/15/2021 |
8% |
7/9/2021 | 1542 | 1660 | 8/3/2021 |
18% |
3/18/2021 | 1297 | 1533 | 5/13/2021 |
(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.)
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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) - 79.30 Set a Stop Buy at 80.70 to Catch the Breakout Net to Jump 37% For fiscal 2022 (Sept.) |
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Acadia Healthcare Co. (ACHC) - 73.73 Set a Stop Buy at 76.60 to Catch the Breakout Net to Rise 19% 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 - 19
Stocks Screened - 6,500
Long-Term Environment for Bears: Favorable.
Bear Side - Large list of shorts with several good looking bear plays. Stock market remains in a down trend. Key now will be earnings.
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TTD's Quality Rating of Stock - IAC - Below Average |
IAC, based in New York, produces 30 magazines and some 350 special interest publications. Annual revenues: $3.7 billion. IAC''s stock falls sharply Thursday and undercuts key technical support. 
So far today, IAC is trading a heavy 990,574 shares, double its average daily volume of 438,000 shares.
TTD sees more on the downside. 
IAC's stock gapped lower in the morning and undercut key technical support.
The stock touched a morning low at 68.37.
It then trended sideways the rest of the day.
In after-hours trading, IAC was up 5 cents a share.
Tape Action
IAC's tape action shows the recent block trades.
One can see the price for the blocks falling from $72.90 in the prior session to as low as $68.20 by the close.
A key bearish trade came in the morning when a block of 3,075 shares crossed the tape at $71.86.
That was down from the prior block at $72.90 on 31,785 shares the day before. .
Near the close a big block of 53,889 shares crossed at $68.20.
That was down from the prior block at $68.45 on 4,800 shares.
Business
IAC is a media and Internet company. Its Dotdash Meredith segment consists of its digital and print businesses. It provides digital content as articles, illustrations, videos and images.
Its print business published about 30 magazines, as well as more than 350 special interest publications.
Its brands include PEOPLE, Entertainment Weekly and Investopedia. Its Angi Inc. segment includes the North American and European businesses and operations of Angi Inc.
Charts
IAC's daily chart shows the stock declining from $130 in February down to $72 by May.
The stock tried to form a bottom but now breaks below key technical support.
The move comes with a pick up in volume. That is bearish.
The CCI momentum indicator is bearish.
Earnings:
This year analysts predict a loss of $3.01 a share compared with a profit of $6.39 the prior year.
For the second quarter, the Street predicts a loss of 40 cents a share compared with a loss of 11 cents the prior year.
Then in the third quarter, a loss of 16 cents a share is expected versus a profit of 33 cents the year before.
Going out to 2023, analysts predict a profit of 89 cents a share against an anticipated loss of $3.01 this year.
Strategy Opinion: TTD is targeting IAC for a decline to $60 within the next few months or sooner.
A protective stop buy can be placed near $71.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
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Response to Net |
Bearish |
IAC rose 3 time after 7 earnings reports. |
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Seasonal Success |
Bullish |
IAC avg. gain 2.8% in July, gain 9.3% 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.)
