Daily - Go to TTD's Chart scroller of Breakout Stocks - Wednesday - August 17, 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.
Wednesday - August 17, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakout Stocks - 2
Quality of Breakouts - Below Average.
Stocks Screened - 6,500
Bull side - Just a few breakouts. Bulls be conservative.
Stock market - Major averages hold bullish in all time sectors, except for the Nasdaq Monthly.
Comment - Market falls as Fed raises interest rates. Bulls need to be very careful.
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: SRAD, SFL, CSCO, TCEHY, and TJX.
Stock Market Momentum
(Daily is based on a moving average)
Market (Daily) |
Market (Weekly) |
Market (Monthly) |
Dow - Bullish |
Dow - Bullish |
Dow - Bullish |
Nasdaq - Bullish |
Nasdaq - Bullish |
Nasdaq - Bearish |
S&P 500 - Bullish |
S&P 500 - Bull |
S&P 500 - Bullish |
TTD's Quality Rating of Stock - DEN - Average |
DEN, based in Plano, Tex., explores and drills for oil. Annual revenues: $1.3 billion. DEN's stock surges higher Wednesday and breaks out from its two-month, cup-and-handle base.
So far today, DEN is trading a heavy 3.2 million shares, almost five times its average daily volume of 656,000 shares.
TTD sees potential for more on the upside.
DEN's stock trended sideways through the morning. Then at midday the stock shot higher and cleared its base.
DEN then edged a bit higher in the late afternoon.
In after-hours trading DEN was down 22 cents a share.
Tape Action
DEN's tape action shows the recent block trades.
One can see the price for DEN's blocks rising from $78 in the prior session to as high as $88.92 late in the day.
A key bullish trade came in the morning when a block of 8,690 shares crossed the tape at $87.
That was up from the prior block at $78.90 on 30,024 shares in the prior session. .
Near the close a big block of 58,525 shares crossed at $88.72..
That was up from the prior trade at $88.25 on 100 shares.
Business
DEN is focused on developing its properties through a combination of exploration, exploitation, drilling and practices, with emphasis relating to carbon dioxide enhanced oil recovery (CO2 EOR) operations.
The company's operations are focused in the Gulf Coast and Rocky Mountain regions of the United States.
The Company's properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, and Louisiana, and in the Rocky Mountain region in Montana, Wyoming and North Dakota.
It owns and operates over 1,300 miles of CO2 transportation pipelines.
Charts
DEN's 12-month performance chart shows the stock up 35% versus a 5% loss for the stock market.
Insider have not done any buying or selling recently.
DEN's long-term chart shows the stock rising from $15.40 in 2020 to $91.30 by late 2021.
The stock then consolidated and now breaks out. .
DEN's daily chart shows the stock climbing from $61 in May to a peak near $82 by June.
The stock then set pulled back and then rallied to form a cup-and-handle base.
The breakout is powerful coming with expanding volume and a widening of the daily spread.
The CCI momentum indicator is strongly bullish.
Earnings Outlook
This year, analysts predict a 169% jump in net to $6.88 a share from the $2.56 the prior year.
For 2023, analysts project a 29% increase in earnings to $8.91 a share from the anticipated $6.88 this year.
For the third quarter, the Street expects a 159% surge in net to $1.92 a share from the 74 cents the prior year.
DEN beat the Street estimate three out of the past four quarters.
Then in the fourth quarter, the Street projects a 150% surge in net to $1.90 a share from the 76 cents the prior year.
Strategy Opinion: TTD is targeting DEN for a move to $110 within the next few months or sooner. A protective stop can be placed near $81.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
DEN scored modest gains off recent breakouts. |
Response to Net |
Bullish |
DEN rose 5 times after 6 earnings reports. |
Earnings Beats |
Bullish |
DEN beat net estimates 6 times after 7 reports. |
Seasonal Success |
Bullish |
DEN avg. gain 15.2% in Aug, loss 1.4% in Sept. |
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 |
11% |
10/29/2021 | 81.20 | 90.50 | 11/5/2021 |
75% |
4/14/2021 | 46.32 | 80.91 | 6/24/2021 |
280% |
11/27/2020 | 21.24 | 80.91 | 6/24/2021 |
(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 |
Long-Term Performance Chart |
12 - month Performance Chart vs. S&P 500 |
TTD's Breakout Stock
Northrop Grumman Corp. (NOC) - 492.51 Net to be Down 3% This Year, up 10% in 2023 |
TTD's Feature Stock Under Accumulation
TTD's Quality Rating of Stock - VTRU - Average |
VTRU, based in Brazil, provides post secondary digital education services. Annual revenues: $631 million. VTRU's stock moves higher Thursday and is in position to breakout from a 10-week flat base.
So far today, VTRU is trading 40,339 shares, almost double its average daily volume of 24,000 shares.
TTD sees VTRU in a good spot to be accumulated in anticipation of a breakout.
VTRU's stock slipped in the morning to an intraday low of $17.31.
The stock lifted and then trended sideways most of the day.
Then late in the day it lifted even though the stock market sold off.
Tape Action
VTRU's tape action shows the recent block trades.
One can see the prices for the blocks rising from $17.36 in the morning to as high as $17.70 late in the day.
A key bullish trade came in the morning when a block of 200 shares crossed at $17.48.
That was up from the prior block at $17.36 on 900 shares.
Near the close a block of 7,068 shares crossed at $17.70.
That was up from the prior trade in the sequence at $17.68 on 100 shares.
Business
VTRU is a Brazil-based company providing post secondary digital education services.
The company offers undergraduate and graduate courses through its Virtual Learning Environment , which consists of eBooks, videos and podcasts, as well as on weekly in-person meetings with tutors.
The firm has 10 campuses to conduct traditional on-campus undergraduate courses.
Charts
VTRU's 12-month performance chart shows the stock up 4% versus a 5% loss for the stock market.
Insider activity was not available.
VTRU's long-term chart shows the stock rising from $11.30 late last year to $18.79 by June of this year.
The stock then slipped back a bit and is now in a base.
VTRU's daily chart shows the stock rising from $14.20 in May to a peak near $17.99 in June. .
The stock has put down a tight cup-and-handle base.
The CCI momentum indicator is bullish.
Earnings Outlook
This year, analysts predict a 604% jump in earnings to $4.93 a share from the 70 cents the year before.
Going out to 2023, the Street predicts a 58% surge in net to $7.79 a share from the anticipated $4.93 this year.
For the second quarter, analysts predict a loss of 3 cents a share versus a profit of 18 cents the year before.
Strategy Opinion: TTD suggests accumulation in VTRU in anticipation of a breakout over $18.20.
TTD is targeting VTRU for a move to $22.50 within the next few months after a breakout. A protective stop can be placed near $16.30.
Intermediate -Term Rating: Average.
Suitability: Average Bulls.
TTD's special research of Stocks Prior Performance:
Breakout Success |
Bullish |
VTRU scored one big gain off a recent breakout |
Response to Net |
Bullish |
VTRU rose 1 time after 1 earnings report. |
Earnings Beats |
Bearish |
VTRU did not beat net estimate past 2 quarters. |
Seasonal Success |
Bearish |
VTRU avg. gain 1.6% in Aug., loss 12.4% in Sept. |
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 |
12% |
5/20/2022 |
15.91 | 17.86 | 6/1/2022 |
(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
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TTD's Key Stocks Under Accumulation
CF Industries Holdings Inc. (CF) - 103.60 Set a Stop Buy at 111 to Catch the Breakout Net to Soar 360% This Year. |
Liberty Media Corp. - (FWONK) - 69.88 Set a Stop Buy at 70.70 to Catch the Breakout Net to Rise This Year, Surge 71% in 2023 |
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 - 6
Stocks Screened - 6,500
Long-Term Environment for Bears: Neutral
Bear Side - Several good looking short plays. Bears be conservative.
TTD's Quality Rating of Stock - ALBO - Below Average |
ALBO, based in Boston. is a biotech firm working on treatments for to treat orphan pediatric liver diseases and other liver or gastrointestinal diseases and disorders.
TTD sees potential for more on the downside.
So far today, ALBO is trading 938,003 shares, almost triple its average dally volume of 330,000 shares.
ALBO's stock fell in the morning and undercut key technical support.
The stock touched an intraday low of $17.14 in the morning.
The stock then trended mostly in a range until the close.
The stock was up 20 cents a share in after hours trading.
Tape Action
ALBO's tape action shows the recent block trades.
One can see the price for the blocks declining from $18.28 in the prior session to as low as $17,32 in the morning.
A key bearish trade came in the morning when a block of 5,440 shares (duplicated) crossed the tape at $17.80.
That was down from the prior block at $18.28 on 2,000 shares in the day before.
At the close a block of 39,528 shares crossed at $17.72.
That was up from the prior block at $17.60 on 3,200 shares.
Business
ALBO is a biotech firm developing bile acid modulators to treat orphan pediatric liver diseases and other liver or gastrointestinal diseases.
Its product, Bylvay, treats pruritis in patients with progressive familial intrahepatic cholestasis ages three months or older and is authorized in Europe to treat PFIC in patients ages six months or older.
Its product candidate elobixibat is licensed to treat chronic constipation and other functional diseases in Japan and Asia.
Charts
ALBO's daily chart shows the stock trending lower from $36 in April down to $18 by June.
The stock tried to rally but now rolls over.
It now undercuts key technical support with heavy volume.
The CCI momentum indicator is bearish.
Earnings:
This year, analysts predict a loss of $6.53 a hare compared with a loss of $1.77 the prior year.
Going out to 2023, the Street expects a loss of $3.35 a share.
For the third quarter, the Street expects a loss of $1.42 a share compared with a loss of $1.26 the year before.
Strategy Opinion: TTD is targeting ALBO for a decline to $14 within the next few months or sooner.
A protective stop buy can be placed near $18.30.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
Response to Net |
Bearish |
ALBO fell 9 times after 15 earnings reports. |
Seasonal Success |
Bearish |
ALBO avg. loss 1.1% in Aug., loss 0.2% in Sept. |
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.)