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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, May 20, 2019 |
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Go to Video Show - "How to Make Money With Breakout Stocks |
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TTD does not publish Friday. Monday the market is closed for Memorial Day. We resume Tuesday.
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.
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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 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's Bargain Buy Trades - Long - Long Term. These are for conservative bullish Investors These long-term buys are ideally suited for entry into stocks on pull backs within overall up trend. These stocks can give a good return long-term especially during a bull market.
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: 1-480-926-1680.
Thursday - May 23, 2019
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - 6
Quality of Breakouts - Average
Stocks Screened - 12,234
Bull side - Bulls Small list of breakouts and very selective. Bulls be conservative.
Stock market - Market averages daily are bearish along with the weekly Dow. The other indicators remain bullish.
Comment - TTD sees the stock market in a basing pattern. There are chances for more on the downside. Bulls be watchful.
See Latest Earnings Reports - A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats for Thursday - GASS, BRC, ROLL, MDT and TD.
Stock Market Momentum
(Daily is based on a moving average)
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Market (Daily) |
Market (Weekly) |
Market (Monthly) |
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Dow - Bearish |
Dow - Bearish |
Dow - Bullish |
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Nasdaq - Bearish |
Nasdaq - Bullish |
Nasdaq - Bullish |
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S&P 500 - Bearish |
S&P 500 - Bullish |
S&P 500 - Bullish |
Ticker Tape Digest's 
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TTD's Quality Rating of Stock - CPRT - ABOVE AVERAGE |
CPRT, based in Dallas, provides online auctions and vehicle remarketing in the U.S. Annual revenues: $1.8 billion. CPRT's stock moves sharply higher Thursday and breaks out from its nine-week, cup-and-handle base. 
So far today, CPRT is trading a heavy 3.8 million shares, triple its average daily volume of 1.7 million shares.
TTD highlighted CPRT as a breakout at our midsession video show on the Web Thursday.
CPRT reported net for the fiscal third quarter ending in April of 65 cents a share. That topped the Street consensus estimate of 62 cents a share.
CPRT's stock gapped higher in the morning and cleared its breakpoint line. 
The stock reached an intraday peak at $70.47. It then pulled back slightly and trended sideways the rest rest of the.
The stock showed a significant pick up in volume in the final as it rallied into the final bell. Tha was bullish.
Tape Action
CPRT's tape action shows the recent block trades.
One can see the price for the blocks climbing from $64.79 in the prior session to as high as $69.94 near the close.
A key bullish trade came late on Wednesday when a block of 15,300 shares crossed the tape at $64.91.
That was up from the prior block at $64.79 on 97,691 shares.
Business
CPRT cars services are in the U.S., Canada, U.K., the United Arab Emirates, Oman, Bahrain, Brazil, Ireland, Spain and India.
CPRT also provides vehicle remarketing services in Germany.
The company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology.
CPRT's service offerings include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services and vehicle inspection stations.
Charts
CPRT's 12-month performance chart shows the stock appreciating 32% versus a 5% gain for the stock market.
CPRT insiders were recent buyers at $8 to $18 a share. They were sellers at $49 to $58 a share.
CPRT's long-term chart shows the stock climbig from $20 back in 2015 to a peak at $67 by 2018.
The stock then fell back to $44 by late 2018. Since then it has surged to a new all-time high. 
CPRT's daily chart shows the stock advancing from $45 in January to a peak near $67 by April.
The stock set up a flat base.
The breakout is powerful coming with a gap move and a widening of the daily spread.
Volume is storng.
CPRT's CCI momentum indicator is very bullish.
Earnings Outlook
This fiscal year ending in July analysts have been forecasting a 24% gain in net to $2.15 a share from the $1.73 the year before.
The strong quarter could prompt the seven analysts following the stock to boost their estimates.
Looking out to 2020 ending in July, the Street expects a 13% gain in net to $2.42 a share from the anticipated $2.16 this fiscal year.
Net for the fiscal fourth quarter ending in July analysts predict a 33% gain in net to 56 cents a share from 42 cents the year before.
The highest etimate on the Street is at 66 cents a share. Six analysts follow the quarterly estimates.
Going out to the fiscal first quarter ending in October, the analysts look for a 19% rise in net to 56 cents a share from the 47 cents the year before.
Strategy Opinion: TTD is targeting CPRT for a move to $86 off the breakout. A protective stop can be placed near $66.50.
Intermediate-Term Rating: Average
Suitability: Average Bulls.
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Bullish - CPRT scored some big gains off some of its recent breakouts. The stock is in a long-term up trend.
Probability - Earnings Response - Bullish - CPRT rose 6 times after the past 10 earnings reports when there was a significant change in price.
Probability: Seasonal Success - Bullish. - CPRT averaged a gain of 5% in May and a gain of 1.7% in June the past several years.
Stock's Prior Performance After A Breakout
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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 |
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16% |
4/1/2019 |
60.53 |
69.94 |
Still in play |
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33% |
2/12/2019 |
52.30 |
69.94 |
Still in play |
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9% |
8/16/2018 |
60.53 |
66.03 |
9/13/2018 |
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13% |
5/4/2018 |
52.82 |
59.91 |
6/22/2018 |
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33% |
2/15/2018 |
44.90 |
59.91 |
6/22/2018 |
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24% |
11/22/2017 |
36.72 |
45.67 |
1/19/2018 |
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42% |
9/18/2017 |
32.08 |
45.67 |
1/19/2018 |
(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 Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
Stock's Monthly Seasonal Performance Chart - Past 5 Years
Showing % Months UP and % Change
| TTD's Breakout Profile Rating Copart Inc. (CPRT) |
| TTD Check List | Bullish | Bearish | Neutral |
| Near 52-week High | YES | ||
| Volume | YES | ||
| Tick Volume | YES | ||
| Price Trend - Daily | YES | ||
| Price Trend - Long Term | YES | ||
| Price Daily Spread | YES | ||
| Base Structure | YES | ||
| Base - A-D | YES | ||
| Earnings-Quarterly | YES | ||
| Earnings-Long Term | YES | ||
| Earnings Outlook | YES | ||
| Industry Group | YES | ||
| Prior Breakout Success | YES | ||
| Fund Sponsorship | YES | ||
| Total Score | 14 | 0 | 0 |
Charts of Selected Breakout Stocks
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TTD's Quality Rating of Stock - GWR - AVERAGE |
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TTD's Quality Rating of Stock - FSV - AVERAGE |
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TTD's Quality Rating of Stock - STOR - AVERAGE |
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TTD's Quality Rating of Stock - TPTX - AVERAGE |
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 so far today - 8
Stocks Screened - 12,234
Long-Term Environment for bears: Neutral.
Bear Side - Large list of breakdown stocks with some interesting plays for aggressive bears.
TTD's short from Wednesday was Sasol Ltd. (SSL) at 25.64. Thursday, it fell to 24.69 and is working well for bears.
DO, based in Houston, provides contract drilling services to the oil industry. Annual revenues: $1.1 billion. DO's stock falls sharply Thursday and undercuts key technical support. 
DO is trading 4.6 million shares. Its average daily volume is 3.5 million shares.
TTD sees more on the downside.
TTD highlighted DO as a short at our midsession video show on the Web Thursday.
DO's stock gapped lower in the morning and undercut key technical support. 
The stock touched a low in the morning at $8.35.
DO then trended sideways the rest of the day unable to rally.
Tape Action
DO's tape action shows the recent block trades.
One can see the price for the blocks falling from $9.40 in the prior session to as low as $8.37 in the morning.
A key bearish trade came in the morning when a block of 23,939 shares crossed the tape at $9.03.
That was down from the prior block late the day before at $9.40 on 104,581 shares.
Business
DO has a fleet of 24 offshore drilling rigs. The fleet consisted of four drillships, 19 semisubmersible rigs and one jack-up rig.
The company services areas in the Gulf of Mexico, including the U.S. and Mexico. It also does work offshore in Brazil, and Trinidad and Tobago. In addition, DO operates in Australia and Southeast Asia.
Earnings:
This year, analysts are forecasting DO will show a loss of $2.28 a share compared with a loss of $1.17 the year before.
Looking out to 2020, the Street expects a loss of $1.80 a share.
For the upcoming second quarter, analysts expect a loss of 84 cents a share compared with a loss of 33 cents a share the prior year.
Charts:
DO's daily chart shows the stock cutting below key support with a pick up in volume. The stock is in a long-term down trend.
DO's 12-month performance chart shows the stock down 52% versus a gain of 5% for the stock market.
Strategy Opinion: TTD is targeting DO for a drop to 6 within the next few months, or sooner. A protective stop buy can be placed near $8.80.
Suitability: Aggressive Bears.
TTD's probability research of Prior Performance:
Probability - Earnings Response - Very Bearish. - DO rose 3 times after the past 9 earnings reports when there was a significant change in price.
Probability: Seasonal Activity - Extremely Bearish. - DO averaged a decline of 7.4% in May and a decline of 3% in June the past several years.
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TTD's Quality Rating of Stock - DO - BELOW AVERAGE |
Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
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 or 480-704-3331
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.)
