Ticker Tape Digest

Friday - August 12, 2022  

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.

   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.

Friday - August 12, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakout Stocks - 3

Quality of Breakouts - Average.

Stocks Screened -  6,500

Bull side -  Small list of breakouts and very selective.

Stock market -

Comment -

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:

Stock Market Momentum

(Daily is based on a moving average)

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action

(The “breakout List” gives all stocks breaking out of a base of five weeks or more. These stocks have a good chance to trend higher. However, a stop should be used to avoid those that do not work.

They are ranked according to percentage change and classified as leaders or other.

(Trading strategy: One should buy breakout stocks near breakpoint by using market order or stop buy.  They can also be bought soon after a follow through move, sometimes on an intraday pullback.

Friday Breakouts

TTD's Featured Breakout Stock

Esquire Financial Holdings (ESQ) - 39.80, up 1.47, Breakpoint 38.95

Net To Jump 52%, TTD Targets 47

  ESQ, based in Jericho, N.Y.,  is a bank holding company for Esquire Bank, National Association (the Bank). Annual revenues: $41.5 million. ESQ's stock moves higher Friday and breaks out from its 11-week, cup-and-handle base.

So far today ESQ is trading 27,776 shares. Its average daily volume is 28,000 shares.

  ESQ is a conservative play but TTD sees good chances for more on the upside.

ESQ's stock moved higher in the morning and cleared its breakpoint line.

The  stock then trended sideways midday. Then late in the session the stock pushed higher to finish near its high for the session.

The stock was unchanged in after-hours trading.

  Tape Action

 ESQ's tape action shows the recent block trades.

 One can see the price for ESQ's blocks rising from $38.42 in the prior session to as high as $39.80 by the close.

 A key bullish trade came in the morning when a block of 300 shares crossed the tape at $38.66.

 That was up from the prior block at $38.42 on 1,430 shares in the prior session.

 Near the close a block of 3,091 shares crossed at $39.80..

 That was up from the prior block at $39.72 on 300 shares. 

  Business 

 ESQ is a bank holding company for Esquire Bank.

 The bank is a full-service commercial bank serving  the legal and small business communities as well as commercial and retail customers

. It provides products and solutions to the legal community and their clients as well as merchant services solutions. It offers commercial loans and lines of credit, consumer loans, and real estate loans.

 The firm has distribution operations in  North America, Australia and New Zealand.

Charts

 ESQ's 12-month performance chart shows the stock up 55% versus a 5% loss for the stock market.

 Insider have received  stock options. They have not done any recent buying/

 They have not done any selling.

 ESQ's long-term chart shows the stock rising from $14.51 in 2017 to $29.45 by 2018.

 The stock then dropped sharply to $10.83 in early 2020 due in part to the bear market.

 ESQ has since worked strongly higher to $39.80 this year.  

 ESQ's daily chart shows the stock climbing from $33 in April  to a peak near $39 by June.

 The stock then fell back to $33 by June, but rallied back to $38.95 and now breaks out

The CCI  momentum indicator is strongly bullish.

  Earnings Outlook

  This year, analysts project a 52% jump in net to $3.21 a share the $2.11 the prior year.

For 2023, analysts predict a 19% increase in earnings to $3.81 a share from the anticipated $3.21 this year.

 For the third quarter, the Street expects a 38% jump in net to 87 cents a share from 63 cents the prior year.

The company beat the Street estimate the past four quarters by 7 cents a share, one cent, 4 cents and one cent.

Strategy Opinion: TTD is targeting ESQ for a move to $47within the next few months. A protective stop can be placed near $37

Intermediate-Term Rating: Average.

Suitability:  Average Bulls.