Daily - Go to TTD's     Chart scroller of  Breakout Stocks   -  Thursday - October 20, 2022

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Friday - October 21,  2022

Daily - Bullish Aggressive Investor - Go To TTD Quick-Swing Trades Setups (74% win rate) - Friday - October 21, 2022

Go To Prior Days TTD Reports



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Ticker Tape Digest

Professional Report

Thursday - October 20, 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.

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)

   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.

Quote or chart

   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 - October 20, 2022

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakout Stocks -  None

Quality of Breakouts - None

Stocks Screened -  6,500

Bull side -  Only one breakout.

Stock market - Market still bearish in all sectors, except the daily Dow. Current rally try the past few days now appears to be failing.

Comment - Bulls be patient and careful.

See Latest Earnings Reports -  A company that tops the Street earnings estimate has good chances to move higher. Key Earnings beats: DGX, MAN, T,YARIY and CSX.

Key Earnings Beats - Thursday


Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)

 Dow - Bullish

 Dow - Bearish

 Dow - Bearish

 Nasdaq - Bearish

  Nasdaq - Bearish

Nasdaq - Bearish

   S&P 500 - Bearish

  S&P 500 - Bearish

  S&P 500 - Bearish





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.

Breakout Stocks


TTD Features A Recent Breakout Stock

Par Pac Holdings Inc.  (PARR) - 22.09 up 2.20, Breakpoint 19.97

Profit Seen This Year, TTD Targets 28

      TTD's Quality Rating of Stock - PARR  -  Average

  PARR, based in Houston, produces and sells gasoline products. Annual revenues: $4.7 billion. PARR's stock moves sharply higher Thursday and breaks out from its 11-week, cup-and-handle base.

   So far today, PARR is trading a heavy 2.3 million shares, more than double Its average daily volume of 860,000 shares.

  TTD sees potential for more on the upside.

   PARR's stock spiked higher in the morning and cleared its base by a large amount.

  The stock reached an intraday high of $22.29 in the afternoon.

  In after-hours trading, PARR was down 4 cents a share.   

 Tape Action

 PARR's  tape action chart shows the stock rising in the morning on light volume.

 It then shot higher around noon on big volume.

That came with good accumulation.

The stock then trended sideways the rest of the day.

 Notice,  The A-D line jumped nicely.

  Business 

  PARR owns and operates three refineries with total operating crude oil throughput capacity of over 154 thousand barrels per day (Mbpd) in Hawaii, Wyoming, and Washington.

The company's retail segment includes retail outlets in Hawaii, Washington, and Idaho that sells gasoline, diesel and retail merchandise.

Logistics segment owns and operates terminals, pipelines, a single point mooring  and trucking operations to distribute refined products throughout the islands of Oahu, Maui, Hawaii, Molokai, and Kauai.

Its refinery in Newcastle, Wyoming, produces gasoline, jet fuel and ultra-low sulfur diesel

Charts

 PARR's 12-month performance chart shows the stock up 32% versus a 9% loss for the stock market.

 Insiders were recent sellers at $15.83 to $20.11 a share.

 PARR's long-term chart shows the stock

tumbling from $25 back in 2019 down to $5.72 by 2020 due in part to the bear market.

The stock based and then climbed to $20 and then broke out.

 PARR's daily chart shows the stock forming a cup-and-handle base.

 The breakout is strong showing a widening of the daily spread.

 The CCI  momentum indicator is strongly bullish.. 

  Earnings Outlook

 This year, analysts predict PARR will show a profit of $5.86 a share versus a loss of $1.72 the year before.

  However, next year the Street projects a drop in net to $1.48 a share.  

  For the third quarter they see net leaping 159% to $1.97 a share from 76 cents the year before.

Strategy Opinion: TTD is targeting PARR for a move to $28 within the next few months.

 A protective stop can be placed near $19.

Intermediate -Term Rating: Average

Suitability:  Aggressive Bulls.

 TTD's special research of Stocks Prior Performance: 

Breakout Success

Bullish

PARR scored big gains off recent breakouts.

Response to Net

Bullish

PARR rose 1 time after 1 earnings report.

Earnings Beats

Bullish

PARR beat net estimate 11 times in 19 quarters.

Seasonal Success

Bullish

PARR avg. gain 2.8% in Oct., 17.50% in Nov.

 


          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

               24%

  5/27/2022

   16.33      20.31   6/8/2022

               33%

  2/16/2021

   14.83      19.74   3/11/2021

    (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 Feature Stock Under Accumulation

(Trading strategy: Purchase of these stocks is done when either the stock is still in a base, or has emerged and is acting very bullish. Purchase while a stock still is basing should be a scale-in strategy with the final buying to be done on a breakout from a base. Buying of these stocks when they are trending higher can be done


DCP Midstream Lp (DCP) - 39.08

Stop Buy at 39.90 to Catch the Breakout

Net To Soar 128%This Year,TTD Targets 47

       TTD's Quality Rating of Stock - DCP  - Above  Average

   DCP, based in Denver,  owns, operates, acquires, and develops  midstream energy assets. Annual revenues: $10.7 billion. DCP's stock moves edges higher Thursday. It is close to breaking out from its 10-week, flat base.

  So far today, DCP is trading 885,510 shares. Its average daily volume is 838,000 shares.

  TTD suggests accumulation in anticipation of a breakout.

  DCP's stock moved higher in the morning.  It reached an intraday peak at $39.25.

  The stock then trended lower until mid-afternoon.

.Then DCP drove higher with a big pick up in volume. That is bullish.

 In after-hours trading, DCP was unchanged.

  Tape Action

 DCP's tape action shows the stock declining with clear selling pressure through midday.

Then late in the session strong buying and volume came in to push the stock higher.

That is very bullish.

  Business 

 DCP's marketing unit provides transporting, trading, marketing, storing natural gas and natural gas liquids.

The gathering and processing segment consists of , treating, processing natural gas, producing and fractionating NGLs, and recovering condensate.

. Its NGL pipelines transport NGLs from natural gas processing plants to fractionation facilities, petrochemical plants, and a third party underground NGL storage facility.

It provides its producer customers with gathering and processing services that allow them to move their raw (unprocessed) natural gas to market..

Charts

 DCP's 12-month performance chart shows the stock up 17% versus an 18% loss for the stock market.

  Insiders activity was not available.

 DCP's  long-term chart shows the stock rising from $2.20 in 2020 when the bear market hit to as high $39 earlier this year.

The stock has now put down a tight flat base. That is very bullish.

 DCP's daily chart shows the stock rising and close to a break out.   

 The CCI  momentum indicator is strongly  bullish.

  Earnings Outlook

 This year, analysts forecast a 128% surge in net to $3.63 a share from the $1.59 the prior year.

  That gives the stock a p/e ratio of just 10.

  For 2023, analysts project a 28% jump in earnings to $4.66 a share from the anticipated $3.63 this year.

 For the third quarter, the Street predicts a 472% surge in net to $1.03 a share from the 18 cents the year before.  The highest estimate is at $1.17 a share.

 Then in the fourth quarter analysts expect a 19% rise in profits to 99 cents a share from the 83 cents the prior year.

Strategy Opinion: TTD suggests accumulation DCP in anticipation of a breakout. TTD is targeting DCP for a move to $47 within the next few months or sooner after a breakout.

A protective stop can be placed near$36.

Intermediate-Term Rating: Average.

 

 

TTD's special research of Stocks Prior Performance: 

Breakout Success

Bullish

DCP scored modest gains off recent breakouts.

Response to Net

Bearish

DCP rose 7 times after 15 earnings reports.

Earnings Beats

Bearish

DCP beat net estimates 7 times after 20 reports.

Seasonal Success

Bullish

DCP avg. gain 2.9% in Oct, breakeven in Nov. 

 


                  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

              9%

    4/12/2022       35.78       39.02   4/20/2022

             13%

    10/4/202       28.75       33.61   10/20/2021

              19%

    5/28/2021       26.20       31.22    6/15/2021  

 

    (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.)


   Long-Term Performance Chart


 Stock's Price Performance after Reporting Earnings


Stock Performance Chart with Earnings Markers vs. S&P 500 -Insider Buying


TTD's Key Stocks Under Accumulation


Cheniere Energy Inc.  (LNG) - 173.90

Set a Stop Buy at 179 to Catch the Breakout

Profits To Jump This Year, 30% in 2023


Humana Inc. (HUM) - 505.35

Set a Stop Buy at 515.50 to Catch the Breakout

Net to Rise 21% This Year

 


Ticker Tape Digest’s

Stocks To “Sell or Short

    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 - 8

Stocks Screened - 6,500

Long-Term Environment for Bears: Favorable.

Bear Side -  Large list of shorts with some interesting plays.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Whirlpool Corp (WHR) - 131.33

Net to Fall 16% This Year, TTD Sees Decline to 105

       TTD's Quality Rating of Stock - WHR -  Below Average

  WHR, based in Benton Harbor, Mich., sells a wide variety of household appliances. Annual revenues: $22 billion. WHR's stock falls sharply Thursday and undercuts key technical support.

  After the close, WHR reported disappointing earnings.

  TTD sees more on the downside.

  So far today, WHR is trading 2.5 million shares, four times its average daily volume of 620,000 shares.

  WHR reported net for the third quarter of $4.49 a share, well below the Street estimate of $5.35 a share. Revenues declined 13%.

  WHR's stock cut below key support in the morning.

  Late in the day it showed heavy selling and fell even further.

  In after-hours trading the stock was down $5.34 a share.

  Tape Action

 WHR's tape action chart shows big selling late in the day as the A-C line fell sharply.

  Business  

WHR's consumer home appliance products are sold under the Whirlpool, KitchenAid, Maytag, Amana, JennAir, Roper, Affresh, Swash, everydrop and Gladiato brand names.

  Charts

   WHR's daily chart shows the stock trending lower from $185 in May down to $135 by September.

 The stock tried to form a bottom but now cuts below support with a big pick up in volume.

 The CCI momentum indicator is very bearish.  

   Earnings:

 This year, the Street has been predicting a 16% decline in net to $22.28 a share from the $26.59 the prior year.

  The estimate probably will be lowered.

. Going out to 2023, the Street projects a 2% increase in net.

 For the upcoming fourth quarter, the Street sees a 12% drop in net to $5.38 a sharer from the $6.14 the previous year.

 Strategy Opinion:  TTD is targeting WHR for a decline to $105 within the next few months or sooner.

 A protective stop buy can be placed near $135.

Suitability: Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bearish

WHR rose 5 times after 15 earnings report 

Seasonal Success

Bullish

WHR avg. loss 2% in Oct., gain 5.2% in Nov.

   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)

TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking Trade Setups for the long side. We take no responsibility for the accuracy of this data, although every effort is made to present the information correctly. Copyright Ticker Tape Digest.

Copyright --- Ticker Tape Digest - 2022


   TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking "Day Trades" for the long side. We take no responsibility for the accuracy of this data, although every effort is made to present the information correctly. 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.”

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   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.)