Ticker Tape Digest

Tuesday - December 1, 2020

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 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.

Tuesday - December 1, 2020

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  7

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Large list of breakouts with some interesting plays for bulls.

Stock market  -  Major averages are bullish in all time areas.

Comment -  Stock Market moving out of trading range and resuming up trend.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  BNS, VEEV, BMO, TCOM and NTAP.

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. )  

Today's Featured TTD Breakout Stock

Charter Communications (CHTR) - 662.25, up 10.26 - Breakpoint 660.75

Net To Soar 85% This Year, TTD Targets 780

   CHTR, based in Stamford, Ct., is a cable operator in the U.S. and a broadband communications services company. Annual revenues: $45.8 billion. CHTR's stock moves higher Tuesday and breaks out from its 8-week, cup-and-handle base.

  So far today, CHTR is trading 1.2 million shares. Its average daily volume is 1 million shares.

  TTD sees potential for more on the upside.

  TTD highlighted CHTR as a breakout at our midsession video show on the web.

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

  However, the stock fell back below the breakpoint later in the morning.

  CHTR then came on again and moved above its breakpoint and held into the final bell.

 Tape Action

  CHTR's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $651.99 in the prior session to as high as $666.19 in the morning.

  A key bullish trade came in the morning when a block of 5,029 shares (duplicated) crossed the tape at $656.70.

  That was up from the prior block the session before at $651.99 on 1,269 shares.

  Near the close, a big block of 15,617 shares crossed at $662.25.

 That was down from  the prior block at  $664.27 on 6,800 shares.

  So, it may indicate institutional profit taking.

  Business

 The company was engaged in providing video, Internet and voice services to approximately 26.2 million residential and business customers.

  In addition, it sells video and online advertising to local, regional and national advertising customers and fiber-delivered communications and managed information technology.

The company also owns and operates regional sports networks and local sports, news and lifestyle channels and sells security and home management services to the residential marketplace.

 Charts 

  CHTR's 12-month performance chart shows the stock up 40% versus a 17% gain for the stock market.

  Insiders were recent buyers using stock options at $59 to $620 a share.

  They were recent sellers at $511 to $637 a share.

  CHTR's long-term chart shows the stock climbing from $133 in 2014 to a peak at $408 in 2017.

  The stock went into a long-term base. It broke out at $400 last year and reached an all-time high of $666.59 Wednesday.

  CHTR's daily chart shows the stock climbing from $560 in July to a peak at $660 by October.

  The stock fell back to $580, but then rallied back to $660 and formed a flat base.

 The breakout clears the base with a modest pick up in volume.

 CHTR's CCI momentum indicator is strongly bullish.

   Earnings Outlook

  This year, analysts forecast an 85% surge in net to $13.92 a share from  the $7.54 the year before.

  The stock has a price-earnings ratio of 47.That is high, but okay given the earnings growth rate.

  Looking out to 2021, the Street predicts a 51% leap in net to $21.01 versus the anticipated $13.92 this year.

  Quarterly earnings growth will be strong and show an acceleration. That is bullish.

  Net for the upcoming fourth quarter should leap 45% to $4.89 a share from the $3.37 the prior year.

  The highest estimate on the Street is at $5.51 a share. The company topped the Street the past two quarters.

  Profits for the first quarter should surge 125% to $4.41 a share from  the $1.96 the prior year.

Strategy Opinion:  TTD is targeting CHTR for a move to $780 within the next few months, or sooner.  A protective stop can be placed near $650.

Intermediate-Term Rating:  Above Average.

Suitability:  Aggressive Bulls.  

                                 TTD's special research of Stock's Prior Performance:  

           Stock's Prior Performance After A Breakout

(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.)

  Stock's Long-term Chart

   Stock's Price Performance after Reporting Earnings

 Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  -  Insider Selling in Red

Charts of Selected Breakout Stocks

Ticker Tape Digest's

Pre-Market Breakout Watch List

Selections for - Wednesday - December 2, 2020

Ticker Tape Digest provides a list of potential breakout stocks from our screen of companies that will show some of the strongest earnings gains. One of the best ways to play these stocks is to study the list and then place a stop buy order to catch the stock on the breakout.

One can take either a full position on the breakout if they are aggressive, or scale-in looking to add to the stake later if they are conservative. TTD's premarket breakout watch list gives you a great opportunity "to be prepared for the next key breakout stock just before it happens." The list will be updated daily and the screen monthly.

TTD's Breakout Watch List Set up on December 1, 2020

Latest prices are December 1, 2020

Stocks with Gain in blue have surpassed their breakpoint and have broken out of their base

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.

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  - 3

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Smal list of shorts and very selective. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Nikola Corp.  (NKLA) - 17.37

Loss Seen This Year and Next, TTD Sees Drop to 14

  NKLA, based in Phoenix, formerly VectoIQ Acquisition Corp., specializes in battery-electric and hydrogen trucks and powersports vehicles. Annual revenues: Nil. NKLA's stock falls sharply Tuesday and undercuts key technical support.

  So far today, NKLA is trading 71.7 million shares, more than double its average daily volume of 28 million shares.

  TTD sees potential for more on the downside for bears.

  The stock's drop was due to disappointment with a deal with General Motors and its revised terms.

  NKLA's stock fell in the morning and then trended lower the rest of the day.

  It closed near its low for the session. In after-hours trading NKLA was down 24 cents a share.

   Tape Action

  NKLA's tape action shows the recent block trades.

  One can see the price for the blocks falling from $20.41 in the prior session to as low as $16.91 in the morning.

  A key bearish trade came in the morning when a block of 47,105 shares crossed the tape at $18.25.

  That was down from the prior block at $20.41 on 299,000 shares in the prior session.

  Business

 NKLA provides zero-emissions transportation and infrastructure solutions.

Its product lineup includes battery-electric and hydrogen-electric class 8 commercial trucks, off-highway vehicles and watercraft.

The company’s products include Nikola One, Nikola Two, Nikola Tre and Nikola Badger. Its powersports include Nikola NZT, Nikola Reckless and Nikola water adventure vehicle. 

  Earnings:

  This year, analysts forecast a loss of 77 cents a share. There was no comparable figures from a year ago.

  Looking out to 2021, the Street predicts a loss of 84 cents a share.

  For the upcoming fourth quarter, analysts see a loss of 19 cents a share.

Charts:  

  NKLA's daily charts shows the stock gapping lower with heavy volume.

  NKLA's 12-month performance chart shows the stock up 100% versus 18% for the stock market.

Strategy Opinion: TTD is targeting NKLA for a decline to $14 within the next few months, or sooner. A protective stop buy can be placed near $18.60.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

   Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red

   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. - 2020

    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 1-480-878-8381.

   Distributed by Corona Publishing Enterprises. TickerTape 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.)