Ticker Tape Digest

Thursday - November 3, 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.

Thursday - November 3, 2022

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakout Stocks -  2

Quality of Breakouts - Above Average.

Stocks Screened -  6,500

Bull side - Just two breakouts as the stock market falls sharply.

Stock market - Major averages bearish, except for the daily and weekly Dow. Bulls be patient and conservative.

See Latest Earnings Reports -  A company that tops the Street earnings estimate has good chances to move higher.

Key Earnings Beat Stocks For The session

Stock Market Momentum

(Data 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.

Breakout Stocks

TTD Feature Breakout Stock

Willscot Mobile Mini Holdings (WSC) - 45.27, up 3.81, Breakpoint 44.17

Net To Surge 71% This Year, TTD Targets 54

  WSC, based in Phoenix,  provides modular space and portable storage. Annual revenues: $1.9 billion. WSC's stock moves higher Thursday and breaks out from its three-month, flat base.

  So far today, WSC is trading a heavy 5.8 million shares, triple its average daily volume of 1.9 million shares.

  TTD sees potential for more on the upside.

  The stock's move carried the stock to a new all-time high. That is very bullish.

 The stock came public back in 2017 at $10 a share.

 WSC's stock was highlighted as a breakout at our midsession video show on the web.

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

 The stock then trended sideways in the morning.

 It rallied strongly in the afternoon.

WSC was unchanged in after-hours trading.

  Tape Action

 WSC's tape action shows the stock moving higher in the morning with light accumulation.

 Then in the afternoon, it pushed higher with very good accumulation.

 One can see strong volume late in the day.

  Business 

WSC provides modular space and portable storage solutions. Its segments include NA Modular, NA Storage and UK Storage.

The NA Modular segment represents the activities of the North American modular business. The NA Storage segment represents the activities of the North American portable storage business.

The UK Storage segment represents the results of all modular and portable storage operations in the United Kingdom.

The Company also maintains a fleet of specialty containment products, including liquid and solid containment solutions. The Company leases, sells, delivers and installs mobile solutions and storage products.

Charts

 WSC's 12-month performance chart shows the stock up 31% versus a 19% loss for the stock market.

 Insider were recent buyers at $10.91 to $19.86 a share using stock options.

They were recent sellers at $36.83 to $43.432 a share.

 WSC's long-term chart shows the stock rising from $$10 in 2019 to $20 by 2020.

 It fell to $7.45 in early 2020. However, it has since trend steadily higher to $45. 

 The daily chart shows the stock climbing  from $32.50 in July to $43 by August.

 WSC formed a tight flat base.

 The breakout comes with a pick up in volume and a widening of the daily spread.

 The CCI  momentum indicator is bullish. 

  Earnings Outlook

 This year, analysts predict a 71% jump in net to $1.30 a share from 76 cents the prior year.

 Going out to 2023,  the Street projects a 29% rise in net to $1.68 a share from the anticipated $1.30 this year.

 For the fourth quarter , net should  jump 28% to 41 cents a share from 32 cents the prior year.

Then in the first quarter of 2023, analysts project a big 45% leap in net to 32 cents a share from 22 cents the year before.

 The company beat the Street estimate the past two quarters..

Strategy Opinion: TTD is targeting WSC for a move to $54 within the next few months. A protective stop can be placed near $41

Intermediate -Term Rating: Above Average.

Suitability:  Average Bulls.

 TTD's special research of Stocks Prior Performance: 

        Stock's Prior Performance After a Breakout