Daily - Go to TTD's     Chart scroller of  Breakout Stocks    -  Wednesday -  January 2, 2019

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Friday - December 28, 2018

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Friday - December 28, 2018

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Wednesday, December 26, 2018

 


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


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Ticker Tape Digest

Wednesday - January 2, 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.

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)

   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.

Quote or chart

   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.


Wednesday - January 2, 2019

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today -  5

Quality of Breakouts -  Below Average.

Stocks Screened - 12,234

Bull side -  Small list of breakouts and extremely selective. Bulls be conservative.

Stock market  -  Bearish in all time sectors. Bulls be patient, bears can be venturesome.

Comment -  Bear market remains in place. Earnings reports will start coming in late January. However, estimates could come in before that.

Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bearish

 Dow - Bearish

 Dow - Bearish

  Nasdaq - Bearish

  Nasdaq - Bearish

Nasdaq - Bearish

   S&P 500 - Bearish

  S&P 500 - Bearish

  S&P 500 - Bearish


Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Wednesday

(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 at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  


Today's Featured TTD Breakout Stock

SMTC Corp. (SMTX) - 4.72, up 0.64 - Breakpoint 4.06

Net To Soar 436% in 2019, TTD Targets 6.30

       TTD's Quality Rating of Stock - SMTX -  ABOVE AVERAGE

  SMTX, based in Toronto, Canada, provides electronics manufacturing services. Annual revenues: $139 million. SMTX breaks out from a well-formed, nine-week flat base. The move carries the stock to an 11-year high.

  So far today, SMTX is trading a heavy 338,119 shares, eight times its average daily volume of 42,000 shares.

  SMTX's stock started to move higher in the morning and cleared is breakpoint.

  The stock continued higher into the mid-afternoon. It closed near its high. That is very bullish.

  Tape Action

  SMTX's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $3.94 in the prior session to as high as $4.74 in the final hour.

  A key bullish trade came in the morning when a block of 5,000 shares crossed the tape at $4.16.

  That was up from the prior block back on Dec. 31 at $4.08 on 5,238 shares.

  The block of 5,000 shares near the close came at $4.71. That was on an up tick from the prior trade at $4.70 on 1,200 shares.

  Business

  SMTX  provides product design and sustaining engineering services.

 It also handles printed circuit board assembly, production, enclosure fabrication, systems integration and testing services and configuration to order.

 It handles business in the U.S., Mexico and China.

 SMTC offers manufacturing services to global original equipment manufacturers and tech companies primarily within the industrial, networking and computing, communications and medical market sectors.  

Charts

  SMTX's 12-month performance chart shows the stock up 140% versus a 5% decline for the stock market.

  Although low priced, SMTX is one of the hottest stock plays.

  SMTX's long-term chart shows the stock hitting a peak near 4 back in 2012. The stock then drifted lower for several years. It finally made a bottom near $1.12 in 2017.

  Since then SMTX has been driving strongly higher.   

  SMTX's daily chart shows the stock breaking out back in late October at $3.

  The stock climbing to around $4 and then formed a nice flat base.

  The breakout Wednesday is strong. It comes with a widening of the daily price spread and expanding volume.

  SMTX's CCI momentum indicator (bottom of chart) is strongly bullish.

   Earnings Outlook:

  For 2018, analysts look for a profit of 14 cents a share compared with a loss of 44 cents the year before.

  Only one analysts follows the stock.

  Looking out to 2019, the Street predicts a big 436% surge in net to 75 cents a share from the anticipated 14 cents for 2018.

  Net for the upcoming fourth quarter should come in at 7 cents a share from the loss of 5 cents the year before.

  Then in the first quarter of 2019 net should jump to 17 cents a share from a breakeven the year before.

Strategy Opinion:  TTD is targeting SMTX for a move to $6.30. A protective stop can be placed near $3.90.

Intermediate-Term Rating: Above Average

Suitability:  Aggressive Bulls

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

Probability - Breakout Success - Extremely Bullish- SMTX has tended to score big gains off its recent breakouts.

Probability - Earnings Response - Very Bullish -  SMTX rose 3 times after the past 4 earnings reports when there was a significant change.

Probability:  Seasonal Success - Slightly Bearish - SMTX declined an average of 0.8% in January and 0.6% in February the past several years.


           Stock's Prior Performance After A Breakout

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

             62%

    10/31/2018

     2.91

       4.72

   Still in play

             24%

    5/10/2018

     2.53

       3.15

  6/5/2018

             41%

    3/23/2018

     2.22

       3.15

   6/5/2018

             82%

    12/15/2017

     1.73

       3.15

    6/5/2018

           123%

    10/24/2017

     1.41

       3.15

    6/5/2018

(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
SMTC Corp. (SMTX)  
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   11 2 1

Charts of Selected Breakout Stocks

      TTD's Quality Rating of Stock - RARX -  BELOW AVERAGE

    TTD's Quality Rating of Stock - EBR -  BELOW AVERAGE

 TTD's Quality Rating of Stock - MITK - BELOW  AVERAGE

TTD's Quality Rating of Stock - CZZ - BELOW AVERAGE

 


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 so far today -  2

Stocks Screened - 12,234

Long-Term Environment for bears: Favorable.

Bear Side -  Just two shorts Wednesday as stock market rallies after big drop in the morning.

  Stock market remains in an overall down trend.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

MyoKardia Inc. (MYOK)  -  41.95

Loss Seen For 2019, TTD Sees Drop to 35

  MYOK, based in South San Francisco, is a biotech firm working on treatments for heart problems. Annual revenues: $22.5 million. MYOK's stock falls sharply Wednesday and undercuts key technical support.

  So far today, MYOK is trading a heavy 1.6 million shares, five times its average daily volume of 267,000 shares

  TTD sees more on the downside. The stock was highlighted at TTD's midsession video show on the Web.

  MYOK's decline was triggered when it ended its partnership with Sanofi.

  MYOK's stock had been a hot issue soaring from $10 in 2016 to an all-time high of $67.78 in October.

  Wednesday, the stock gapped lower in the morning and cut below key technical support.

  The stock touched an intraday low at $41 in the early afternoon.

  It then lifted slightly and trended sideways into the final bell.

  Tape Action

  MYOK's tape action shows the stock's recent block trades.

  One can see the price for the blocks falling from $48.86 in the prior session to as low as $41.62 in the final hour.

  A key bearish trade came in the morning when a block of 9,000 shares crossed the tape at $43.92.

  That was down sharply from the prior block at $48.86 on a big 106,459 shares block.

   Business

  MYOK seeks to treat heritable cardiomyopathies, a group of rare, genetically-driven forms of heart failure that result from biomechanical defects in cardiac muscle contraction.

 The company uses its medicine platform to generate an initial pipeline of over four therapeutic programs for the chronic treatment of two forms of heritable cardiomyopathy-hypertrophic cardiomyopathy  and dilated cardiomyopathy.

 Earnings:

  For 2018, the Street is forecasting a loss of $1.79 a share compared with a loss of $1.40 the year before.

  For the fourth quarter, they expect a loss of 46 cents a share versus a loss of 21 cents the year before.

  Seven analyst follow the stock.

  They look for a loss of $2.74 a share for 2019 versus the anticipated loss of $1.79 a share in 2018.

Charts:   

  MYOK's daily chart shows the stock cutting sharply below key support on the news of its partnership deal ending.

  The 12-month performance chart shows the stock down 1% versus a 5% drop in the stock market.

Strategy Opinion: TTD is targeting MYOK for a decline to

Suitability: Aggressive Bears.

  TTD's special probability research of  Prior Performance:  

Probability - Earnings Response - Bearish.  -  MYOK rose one time after the past 3 earnings reports when there was a significant change in price.

Probability:  Seasonal Activity - Extremely Bearish. -   MYOK has averaged a decline of 10.9% in January and a rise of 0.1% in February the past several years.


   TTD's Quality Rating of Stock - MYOK -  BELOW AVERAGE


   Stock 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.”

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   For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-926-1680.

   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.)