Daily - Go to TTD's Chart scroller of Breakout Stocks - Thursday - July 21, 2022 |
(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.
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 21, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - 4
Quality of Breakouts - Below Average.
Stocks Screened - 6,500
Bull side - Small list of breakouts. Bulls be conservative.
Stock market - Major averages bullish daily, but still bearish weekly and monthly.
Comment - Stock market rises sharply as it continues to rally within a bear market. Aggressive bulls should now be alert as earnings now set to be reported.
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: NUE, DHR, NOK, BCBP and WNS.
Stock Market Momentum
(Daily is based on a moving average)
Market (Daily) |
Market (Weekly) |
Market (Monthly) |
Dow - Bullish |
Dow - Bearish |
Dow - Bearish |
Nasdaq - Bullish |
Nasdaq - Bearish |
Nasdaq - Bearish |
S&P 500 - Bullish |
S&P 500 - Bearish |
S&P 500 - Bearish |
TTD's Quality Rating of Stock - RYAN - Above Average |
RYAN, based in Chicago, formerly Ryan Specialty Group Holdings, Inc.,provides specialty insurance and solutions for insurance brokers, agents and carriers. Annual revenues: $1.4 billion. RYAN's stock moves higher and breaks out from its 5-month flat base.
So far today, RYAN is trading 527,146 shares. Its average daily volume is 445,000 shares.
RYAN has hit a new high. So, there is no overhead resistance.
TTD sees potential for more on the upside.
RYAN's stock worked higher in the morning and then cleared its breakpoint line in the early afternoon.
The stock pushed higher through the late afternoon.
Late in the day, RYAN gapped higher.
In after hours trading, RYAN was up 50 cents a share.
Tape Action
RYAN's tape action shows the recent block trades.
One can see the prices for the blocks rising from $41.37 in the morning to as high as $42.95 by the close.
A key bullish trade came in the morning when a block of 1,392 shares crossed the tape at $41.48.
That was up from the prior block at $41.43 on 31,189 shares in the prior session.
Late in the day a block of 33,896 shares crossed at $42.95.
That was up from the prior block in the sequence at $42.18 on 16,000 shares.
Business
RYAN provides specialty insurance and solutions for insurance brokers, agents and carriers.
The Company provides distribution, underwriting, product development, administration and risk management services as a wholesale broker and a managing underwriter.
RYAN's specialties include wholesale brokerage, binding authority and underwriting management.
Charts
RYAN's 12-month performance chart shows the stock up 57% versus a 9% loss for the stock market.
Insider were recent buyers around $23.50 a share to $28.98 in the open market.
They were sellers recently at $35.49. .
RYAN's long-term chart shows the stock climbing from $26 back in 2021 to a peak at $42.43 earlier this year. .
The stock then trended sideways..
RYAN's daily chart shows the stock climbing from $34 in March to a peak near $42 by April.
The stock pulled back and then based with two shakeouts to the downside.
Now, RYAN drives higher and breaks out of its base.
RYAN will report earnings soon.
The CCI momentum indicator is strongly bullish.
Earnings Outlook
This year. analysts predict a 13% rise in net to $1.22 a share from the $1.08 the year before.
Going out to 2023, the Street predicts a 19% jump in net to $1.46 a share from the anticipated $1.22 this year.
Net for the second quarter should come in at 36 cents a share. There was no comparable results.
Then in the third quarter net should rise 17% to 28 cents a share from the 24 cents the year before.
Strategy Opinion: TTD is targeting RYAN for a move to $50 within the next few months. A protective stop can be placed near $38.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
RYAN scored modest gains off recent breakouts. |
Response to Net |
Bullish |
RYAN rose 2 times after 3 earnings reports. |
Seasonal Success |
Bullish |
RYAN avg. gain 17.6% in July, gain 11.6% in Aug, |
Earnings Beats |
Bullish |
RYAN beat net estimates 3 times after 3 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 |
13% |
10/13/2021 | 35.35 | 40.11 | 11/22/2021 |
15% |
8/23/2021 | 30.50 | 35 | 9/7/2021 |
(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's Feature Breakout Stock
Long- Term Chart |
Stock's Price Performance after Reporting Earnings |
12 - month Performance Chart vs. S&P 500 |
TTD's Breakout Stock
CVB Financial Corp. (CVBF) - 26.10 Net to be Flat at $1.56 This Year |
International Money Express Inc. (IMXI) - 23.10 Net to Rise 18% This Year |
Service Corp. International (SCI) - 72.13 Net to Drop 23% This Year |
TTD's Feature Stock Under Accumulation
TTD's Quality Rating of Stock - KNSL - Average |
KNSL, based in Richmond, Va., provides property and casualty insurance. Annual revenues: $640 million. KNSL's stock moves higher Thursday. It is now close to breaking out from its 16-week, flat base.
So far today, KNSL is trading 61,119 shares. Its average daily volume is 93,900 shares.
KNSL is a conservative play. However, TTD sees more on the upside.
KNSL's stock worked steadily higher through the day.
Late in the day, KNSL pushed nicely higher.
Tape Action
KNSL's tape action shows the recent block trades.
One can see the prices for the blocks rising from $225.59 in the prior session to as high as $229.44.
A key bullish trade in the morning when a block of 1,995 shares crossed the tape at $226.84. That was up from the prior block at $223.06 on 666 shares.
Near the close a block of 11,374 shares crossed at $229.44.
That was up from the prior block at $228.75 on 799 shares.
Business
KNSL is a property and casualty insurance company firm. It sells insurance in 50 states through a network of independent insurance brokers.
The commercial lines are for small business, excess casualty, construction, commercial property, allied health, products liability, life sciences, general casualty, professional liability and management liability.
The company also writes a small amount of homeowners insurance.
Charts
KNSL's 12-month performance chart shows the stock up 35% versus a 9% loss for the stock market.
Insider were recent buyers at $16 a share using stock options.
They were sellers at $181 to $212 a share.
KNSL's long-term chart shows the stock rising from $27 in 2017 to an all-time high of $252 by early 2020.
KNSL pulled back and then rallied back close to its high. .
KNSL's daily chart shows the stock climbing from $190 in January to a peak at $142 by April.
The stock pulled back and then rallied.
It is in range to push higher and breakout.
The CCI momentum indicator is working higher. .
Earnings Outlook
This year, analysts project a 20% rise in net to $6.90 a share from the $5.74 the year before.
Going out to 2023, the Street expects an 18% rise in net to $8.17 a share from the anticipated $6.90 this year..
Net for the second quarter should jump 31% to $1.68 a share from the $1.28 the year before.
The company beat the Street estimate the past four quarters by 8 cents a share, 36 cents, 5 cents and 19 cents...
For the third quarter, the Street expects a 3% rise in net to $1.64 a share from the $1.59 the year before.
Strategy Opinion: TTD suggests accumulation in KNSL in anticipation of a breakout over $242.50.
TTD is targeting ASH for a move to $265 within the next few months after a breakout. A protective stop can be placed near $235 after a breakout.
Intermediate-Term Rating: Average.
Suitability: Conservative Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
KNSL scored good gains off recent breakouts. |
Response to Net |
Bullish |
KNSL rose 11 times after 14 earnings reports. |
Seasonal Success |
Bullish |
KNSL avg. gain 8% in July, gain 5.1% in Aug, |
Earnings Beats |
Bullish |
KNSL beat net estimates 14 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 |
28% |
11/1/2021 | 189.15 | 241.45 | 12/28/2021 |
31% |
7/14/2020 | 159.71 | 207.91 | 8/5/2020 |
16% |
1/16/2020 | 108.60 | 126.38 | 2/24/2020 |
44% |
2/22/2019 | 64.40 | 93 | 7/1/2019 |
(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.)
Stock's Long-term Chart |
Stock's Price Performance after Reporting Earnings |
Stock Performance Chart with Earnings Markers vs. S&P 500 Insider Buying in Green - Insider Selling in Red |
TTD's Key Stocks Under Accumulation
Valmont Industries Inc. (VMI) - 251.94 Set a Stop Buy at 269 to Catch the Breakout Net to Climb 19% This Year |
Cadence Design Systems Inc. (CDNS) - 164.02 Set a Stop Buy at 169.50 to Catch the Breakout Net to Rise 20% This Year |
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: Neutral.
Bear Side - Small list of shorts but some interesting plays for aggressive bears.
TTD's Quality Rating of Stock - TDS - Below Average |
TDS, based in Middleton, Wis., is a telecom firm providing cable and wireless services. Annual revenues: $5.3 billion. TDS's stock declines sharply Wednesday and undercuts key technical support.
So far today, TDS's is trading 1.5 million shares, almost double its average daily volume of 815,000 shares.
TTD sees chances for more on the downside.
TDS's stock fell in the morning and undercut key technical support.
TDS touched an intraday low of $14.59 in the morning.
The stock then trended sideways the rest of the day.
In after-hours trading, the stock was down 27 cents a share.
Tape Action
TTDS's tape action shows the recent block trades.
One can see the price for the blocks falling from $15.53 in the morning to as low as $14.67 around noon.
A key bearish trade came in the morning when a block of 3,250 shares crossed the tape at $15.16.
That was down from the prior block at $15.53 on 12,223 shares.
Near the close a big block of 96,968 shares crossed at $14.88.
That was up from the prior block at $14.87 on 2,127 shares.
Business
TDS provides wireless, cable and wireline broadband, video, and voice, and hosted and managed services through its businesses, UScellular, TDS Telecom, BendBroadband and OneNeck IT Solutions.
Its segments include UScellular and TDS Telecom.
The TDS segment provides wireless telecommunications services. UScellular segment offers a range of devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and Internet of things (IoT) devices.
Charts
TDS's daily chart shows the stock declining from $79 in April down to $35 by May..
The stock tried to rally but now breaks to the downside with a pick up in volume.
Earnings will be reported soon.
The CCI momentum indicator is bearish.
Earnings:
This year analysts predict a loss of $1.22 a share compared with a loss of 53 cents the prior year.
For the upcoming second quarter analysts expect a loss of 40 cents a share compared with a loss of 10 cents the prior year.
Then in the third quarter they see a loss of 26 cents a share versus a loss of 15 cents the year before.
For 2023, the Street projects a loss of 56 cents a share.
Strategy Opinion: TTD is targeting TXG for a decline to $28 within the next few months or sooner.
A protective stop buy can be placed near $37.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
Response to Net |
Bullish |
rose 6 times after 9 earnings reports. |
Seasonal Success |
Bearish |
avg. loss 6.6% in July, gain 6.3 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
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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.
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(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.)