Ticker Tape Digest

Thursday - January 16, 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'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: 1-480-878-8381 or 480-704-3331

Ticker Tape Digest's Midsession Stock Market Video Show (Posted around 1 p.m. NYSE Time) Go to TTD Stock Market Show For - Thursday Go to Shows for Latest Week: Monday - Tuesday - Wednesday - Thursday -  Friday (Best with Cable or DSL - High quality - Windows Media Video)

Thursday - January 16, 2020

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  13

Quality of Breakouts -  Average

Stocks Screened - 12,234

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

Stock market  -  Market remains bullish in all time sectors.

Comment -  Bulls continue to be watchful of all markets as they hold the up trend.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  MS, PBCT, WNS, PRGS, HOMB, OZK and BMTC.

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

Icon Plc. (ICLR) - 175.12, up 3.52 - Breakpoint 172.97

Net To Rise 12% This Year, TTD Targets 210

  ICLR, based in Dublin, Ireland, is a contract research firm  for drug, biotechnology and medical device firms. Annual revenues: $2.6 billion. ICLR's stock moves higher Thursday and breaks out from its five-week flat base.

  So far today, ICLR is trading 303,108 shares. Its average daily volume is 233,000 shares.

  TTD sees more on the upside.

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

  The stock then worked steadily higher the rest of the day and closed near its high for the session.

  That is bullish.

   Tape Action

  ICLR's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $171.37 in the prior session to as high as $175.12.

  A key bullish trade came in the morning when a block of 2,973 shares (duplicated) crossed the tape at $173.09.

  That was up from the prior block at $171.37 on 600 shares in the prior session.

  Near the close a block of 14,921 shares crossed at $175.12.

 That was up from the prior block in the sequence at $174.90 on 664 shares.

    Business

 ICLR produces development, management and analysis of programs that support various stages of clinical development.

  The company's information systems offerings include ICONIK, Firecrest, ADDPLAN, AptivAdvantage and Aptiv Insite.

  It conducts various lab tests on patient's blood, urine and other bodily fluids at appropriate intervals during the trial.

The company offers patient registries, outcomes research, clinical data management and immunoassay development.

   Charts

  ICLR's 12-month performance chart shows the stock up 30% versus a 25% gain for the stock market.

  Insiders activity was not available.

  ICLR's long-term chart shows the stock climbing from $35 back in 2014 to a peak at $155 by 2018.

  The stock then based and then turned higher. The push to a new high is very bullish.

  ICLR's daily chart shows the stock rising from $140 in October to a peak near $172.

  The stock has put down a tight flat base.

  The breakout comes with a good pick up in volume.

  The stock's CCI momentum indicator is solidly bullish.

  Earnings Outlook

  Net for 2019 is expected to rise 10% to $6.89 a share from the $6.29 the year before.

  Looking out to 2020, the Street predicts a 12% rise in net to $7.71 a share from the anticipated $6.89 for 2019.

  Net for the fourth quarter of 2019 should rise 13% to $1.83 a share from the $1.62 the year before.

  The company beat the consensus estimate the past four quarters by one cent a share, one cent, three cents and two cents.

  Going out to the first quarter of 2020, the Street is calling for an 11% rise in net to $1.81 a share from the $1.63 the year before.

Strategy Opinion:  TTD is targeting ICLR for a move to $210 within the next few months, or sooner.

A protective stop can be placed near $170.

Intermediate-Term Rating: Average.

Suitability:   Average 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 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

Charts of Selected Breakout Stocks

Ticker Tape Digest's

Pre-Market Breakout Watch List

Selections for - Tuesday - January 21, 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 January 1, 2020

Latest prices are January 17, 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 for Thursday -  3

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side - Small list of shorts, but some interesting plays for aggressive bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Opera Ltd. (OPRA) - 7.33

Loss seen for 2020, TTD sees drop to 6

  OPRA, based in Norway, operates a browser and integrated artificial intelligence -driven digital content discovery. Annual revenues: $173 million. OPRA's stock falls sharply Thursday and under cuts key technical support.

  So far today, OPRA is trading a heavy 4.5 million shares, 11-times its average daily volume of 364,000 shares.

  The company is the target of a shareholder law suit involving securities laws.

  TTD sees more on the downside.

  OPRA's stock gapped lower in the morning and undercut key technical support.

  The stock fell to $7.32 in the morning. It tried to rally, but then rolled over and fell to a session low of $7.15 near the close.

  Tape Action

  OPRA's tape action shows the recent block trades.

  One can see the price for the blocks falling from $8.84 in the prior session to as low as $7.16 late in the day.

  A key bearish trade came in the morning when a block of 15,000 shares crossed the tape at $7.80.

  That was down from the prior block at $8.20 on 25,000 shares.

  Business

 OPRA's operations cover: Search, advertising and technology Licensing.

 The search revenue is generated when a user conducts a qualified search using an Opera search partner.

The Advertising revenue is comprised of industry-standard advertising units, predefined partner bookmarks, or Speed Dials, and subscriptions of various promoted services.

Technology licensing covers revenues from device manufacturers and mobile communications operators.  

 Earnings:

  For 2019, the Street is forecasting a 9% rise in net to 48 cents a share from the 44 cents the prior year.

  Then 2020, analysts predict an 8% drop in net to 44 cents a share from the anticipated 48 cents for 2019.

  Net for the fourth quarter of 2019 should be down 9%.

Charts:  

  OPRA's daily chart shows the stock cutting below key support with big volume. The stock has been in a down trend from $14 since September.

  The stock's 12-month performance shows it at breakeven versus a gain of 25% for the stock market.

Strategy Opinion: TTD  is targeting OPRA for a decline to $6 within the next few months, or sooner. A protective stop buy can be placed near $7.80.

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.)