Early Session Breakout Stocks....Tuesday, July 16, 2024

.......Murphy USA Inc. (MUSA) up 17.70 to 501.27, breakpoint 490.55...........Applied industrial Technologies Inc. (AIT) up 10.61 to 211.88, breakpoint 201.80........Arcosa Inc. (ACA) up 3.73 to 91.65, breakpoint 89.50.......Miller Industries Inc. (MLR) up 3.20 to 63.70, breakpoint 61.90........Carrier Global Corp. (CARR) up 2.46 to 69.82, breakpoint 66.55.......Harmony Gold Minning Co. (HMY) up 1.45 to 10.90, breakpoint 10.25........Enerpac Tool Group Corp. (EPAC) up 1.28 to 41.27, breakpoint 39.50.........Onespaworld Holdings Ltd. (OSW) up 0.53 to 16.75, breakpoint 16.30.......... End.

Daily - Go to TTD's     Chart scroller of  Breakout Stocks   - Midsession  - Tuesday -  July 16, 2024

Wednesday, July 17, 2024  - Go To TTD Quick-Swing Trade Setups -- (80% win rate )  -- Wednesday,  July 17 - Go to    Breakout Watch  List

Go to Prior Days TTD Pro Reports     

Go to Performance of  Recent TTD Feature Stocks 


Go to TTD Midsession Stock Market Video Shows


Tuesday - July 16, 2024

Feature Stock

Harmony Gold Mining Co. (HMY) 12 min.


(WMV video player download for Google)

https://videoconverter.iskysoft.com/play-video/wmv-player-for-chrome.html



TTD Stock Market Shows Latest Week:


Monday - Feature Stock

Carpenter Technology Corp. (CRS) 12 min.


Tuesday- Feature Stock

Harmony Gold Mining Co. (HMY) 12 Min.


Wednesday - Feature Stock

Lantheus Holdings Inc. (LNTH) - 9  min.


Thursday -  Feature Stock  

Pennymac Financial Services  (PFSI) 11 min.


Friday -  Feature Stock

Appfolio Inc. (APPF) -  12 min.


Go to Video Show - "How to Make Money With Breakout Stocks


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    Ticker Tape Digest

Professional Report

Tuesday - July 16, 2024 


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 (3 P.M.) check TTD Midsession Report and see market video show.

4. After close (4 P.M.) check final TTD Report for day.


 

   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.   Tel: 1480-878-8381

   For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-878-8381.


Ticker Tape Digest's Midsession Stock Market Video Show

(Posted around 2 to 3 p.m. NYSE Time)

Go to TTD Stock Market Video Show For - Tuesday



Tuesday - July 16, 2024

TTD's Breakout Stocks

  Stock Market Overview

 

Total Buy Breakout Stocks -  18

Quality of Breakouts - Above Average.

Stocks Screened -  6,500

Bull side -  Large list of breakouts as the stock market pushes higher with the blue chips doing the best.

Stock market -  Major averages remain bullish in all time sectors.

 Latest Earnings Reports - Key Earnings Beats.  A company that  beats the Street's earnings estimate has good chances to move higher.  

Monday Earnings beats



Stock Market Momentum

(Data is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)

 Dow - Bullish

 Dow - Bullish

 Dow - Bullish

Nasdaq - Bullish

   Nasdaq - Bullish

Nasdaq - Bullish

   S&P 500 - Bullish

  S&P 500 - Bullish

  S&P 500 - Bullish





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

T-Mobile US Inc. (TMUS) - 182.98

Breakpoint - 182.77

Net to Climb 30% This Year

      TTD's Quality Rating of Stock  - ( TMUS  )  Above  Average

   TMUS, based in Bellevue, Wa., provides mobile communications services, including voice, messaging and data, under its flagship brand, T-Mobile. Annual revenues: $78.6 billion. TMUS's stock moves higher Tuesday and breaks out from its two-month flat base.

The move carries the stock to a new all-time high. It came public in 2007.

TTD sees potential for more on the upside.

So far today, TMUS is trading 5.4 million shares. Its average daily volume is 4.6 million shares.

TMUS's stock drove higher in the morning and cleared its breakpoint line.

It reached a high of $183.78 in the morning.

The stock then faded back to $181.60.

TMUS then worked higher the rest of the day and touched a high of $183.82 in the final hour.

Tape Action

TMUS's tape action showed good buying in the morning.

Then in the afternoon there was god buying too.

Then near the close there was a sharp dose of selling.

.Business  

TMUS provides mobile communications services, including voice, messaging and data, under its flagship brands, T-Mobile and Metro by T-Mobile in the United States, Puerto Rico and the Virgin Islands.

The company provides mobile communications services primarily using its 4G Long Term Evolution network and its 5G technology network.

It also offers a selection of wireless devices, including handsets, tablets and other mobile communication devices.

The company’s primary service plan offering is Go5G Plus, which includes unlimited talk, text and data on its network, 5G access at no extra cost, scam protection features and more.

In addition to its mobile wireless communications services, the company also offers high speed Internet, which includes a fixed wireless product that utilizes the excess capacity of its nationwide 5G network

Stock Chart Activity

TMUS's long-term chart shows the stock rising from $55.09 in 2018 to a peak at $148 by 2021.

The stock then pulled back to $100 late in 2021.

TMUS then turned and rallied strongly to $182.

TMUS's daily chart shows the stock forming a flat base and then breaking out at $166 by May.

The stock ran up to $182 by early June.

TMUS then formed a small flat base.

It now breaks out with a modest pick up in volume.

The stock's CCI momentum indicator is strongly bullish.

Earnings Outlook

This year, analysts predict a 30% jump in earnings to $9.02 a share from  the $6.93 the year before.

The stock has a price-earnings ratio of  20.

Going out to 2025 the Street sees net rising 23% to $11.06 a share from the anticipated $9.02 this year.

Net for the second quarter should rise 22% to $2.26 a share from the $1.86 the prior year.

The highest estimate is at $2.42 a share. The company beat the Street estimate three out of the past four quarters.

Profits for the third quarter should rise 28% to $2.33 a share from the $1.82 the year before.

Strategy Opinion: 

TTD is targeting TMUS for a move to $220 within the next few months, or sooner.

A protective stop can be placed near $177.

Intermediate -Term Rating:  Above Average

  

  TTD's special research of Stocks Prior Performance:   

Breakout Success

Bullish

TMUS scored small gains off its recent breakouts.

Response to Net

Bullish

TMUS rose 9 times after 15 quarterly earnings reports.

Earnings Beats

Bullish

TMUS beat the Street estimate 18 times after 20 reports.