Ticker Tape Digest

Friday - December 13, 2019

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.

Friday - December 13, 2019

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts Friday  -  8

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Small list of breakouts but some very good looking plays.

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

Comment -  Stock market holding in a basing pattern within an up trend.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats for Monday - None.

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

Allegiant Travel Co. (ALGT) - 174.13, up 2.42 - Breakpoint 173.23

Net To Climb 44% This Year, TTD Targets 210

    ALGT, based in Las Vegas, provides air transportation to under-served cities in the U.S. Annual revenues: $1.7 billion. ALGT's stock moves sharply higher Friday and breaks out from  its seven-week flat base.

  So far today, ALGT is trading 150,972 shares. Its average daily volume is 132,000 shares.

  TTD sees more on the upside.

 ALGT's stock worked higher in the morning and cleared its breakpoint line around midsession.

The stock then pulled back to its breakpoint line.

Then near the close it edged higher.

  Tape Action

  ALGT's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $171.91 in the morning  to as high as $174.13 by Friday's close.

  A key bullish trade came in the morning when a block of 5,000 shares crossed the tape at $172.69.  

  That was up from the prior block at $171.91 on 927 shares.

  Near Friday's close a block of 10,737 shares crossed at $174.13.

  That was up from the prior block at $173.49 on 900 shares.

  The strong buying near the close is bullish.

  Business

  ALGT provides travel services in the U.S. in some cases under fixed fee flying arrangements.

The company operates a fleet of 47 MD-80 aircraft, 34 Airbus A320 aircraft and four Boeing 757-200s.

  ALT covers 119 cities.

 Charts

  ALGT's 12-month performance chart shows the stock up 44% versus a 19% gain for the stock market.

  ALGT insiders were buyers using stock options at $108.59 earlier this year.

  They were sellers at $124 to $150 a share this year.

  ALGT's long-term chart shows the stock soaring from $50 back in 2012 to a an all-time high of $238 in 2015.

  ALGT then fell back gradually to $100 last year.  Now the stock is starting to work higher. There is overhead resistance. So, one needs to be watchful.

  ALGT's daily chart shows the stock climbing from $140 in August to a peak near $173 by November.

  The stock then put down a tight flat base.

 The breakout just clears the resistance.

 The stock's TTD momentum indicator is solidly bullish.

   Earnings Outlook

  This year, analysts are forecasting a 44% jump in net to $14.44 a share from the $10 a year before.

  The stock sells with a price-earnings ratio of just 12. TTD sees that as very attractive for value-growth investors.

  Looking out to 2020, the Street is predicting a 17% rise in net to $16.83 from  the anticipated $14.44 this year. 

  Net for the fourth quarter should leap 49% to $3.83 a share from the $2.56 the year before.

  The highest estimate is at $4.03 a share from 5 analysts.

  The company beat the consensus three out of the past four quarters.

  Net for the first quarter of 2020 is projected to climb 21% to $4.83 a share from the 3.98 the year before.  

Strategy Opinion:  TTD is targeting ALGT for a move to $210 within the next few months.

A protective stop can be placed near $162.

Intermediate-Term Rating: Average.

Suitability:   Aggressive Bulls. 

                                 ALGT - 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 - Monday - December 16, 2019

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 2, 2018

Latest prices are December 13, 2019

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. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Glaukos Corp.  (GKOS) - 56.53

Loss Seen This Year and Next, TTD Sees Drop to 46

  GKOS, based in San Clemente, Ca., produces products to treat glaucoma. Annual revenues: $181 million. GKOS's stock falls Friday and undercuts key technical support.

  So far today, GKOS is trading 628,411 shares. Its average daily volume is 422,000 shares.

  TTD sees more on the downside.

  GKOS's stock fell in the morning and undercut key technical support.

  The stock dipped to an intraday low of $54.68 in the morning.

  It then rallied in the afternoon to trim its loss.

  Tape Action

  GKOS's tape action shows the recent block trades.

  One can see the price for the blocks falling from $56.99 in the prior session to as low as $55.08.

  A key bearish trade came in the morning when a block of 14,700 shares crossed the tape at $56.87.

  That was down from the prior block the day before when 33,859 shares crossed at $56.99.

 Business

GKOS  offers iStent, a micro-invasive glaucoma surgery (MIGS) device.

The iStent is a micro-bypass stent inserted through the small corneal incision made during cataract surgery and placed into Schlemm's canal, a circular channel in the eye that collects aqueous humor and delivers it back into the bloodstream.

  It is developing three additional pipeline products: the iStent Inject, the iStent Supra and iDose.

  Earnings:

  This year, analysts are forecasting a loss of 69 cents a share compared with a loss of 37 cents the prior year.

  Looking out to 2020, the Street predicts a loss of 23 cents a share.

  For the fourth quarter this year, GKOS is expected to report a loss of 11 cents a share compared with a profit of 4 cents the prior year.

Charts:  

  GKOS's daily chart shows the stock cutting below key support with a prick up in volume. The breakdown also undercuts support that had been in place for the past five months.

  GKOS 12-month performance chart shows the stock down 12% versus a 19% gain for the stock market.

Strategy Opinion: TTD  is targeting GKOS for a decline to $46 within the next few months. A protective stop buy can be placed near $59.

Suitability:  Aggressive Bears.

  Glaukos Corp. - 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. - 2019

    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.)