Daily - Go to TTD's     Chart scroller of  Breakout Stocks    - Tuesday - January 5, 2021

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Tuesday - January 5, 2021

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Tuesday - January 5, 2021

Go To Prior Days TTD "Reports"

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


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Ticker Tape Digest

Tuesday - January 5, 2021


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 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: 1-480-878-8381 or 480-704-3331.


Tuesday - January 5, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  20

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Large list of breakouts with some good looking plays.

Stock market  -  Major averages remain bullish in all time sectors. However, market needs to be watched closely.

Comment -  Large list of breakouts with some good looking plays.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  SGH and CALM.

Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bullish

 Dow - Bullish

 Dow - Bullish

  Nasdaq - Bullish

  Nasdaq - Bullish

Nasdaq - Bullish

   S&P 500 - Bullish

  S&P 500 - Bullish

  S&P 500 - Bullish


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

Denbury Inc. (DEN) - 27.66, up 0.85 - Breakpoint 27.15

Net To Soar 165% for 2020, TTD Targets 33

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

  DEN, based in Plano, Tex., produces oil and natural gas. Annual revenues: $1.3 billion. DEN's stock moves higher Tuesday and breaks out from  its five-week, cup-and-handle base.

  So far today, DEN is trading 444,140 shares. Its average daily volume is 630,000 shares.

  TTD sees potential for more on the upside.

  TTD highlighted DEN as a breakout at our midsession video show on the Web.

  DEN's stock broke out in the morning and climbed to an intraday high of $28.30 in the morning.

  The stock then pulled back slightly and then trended mostly sideways until late in the day.

  In the final hour it gave some ground. In after-hours trading the stock was down 10 cents a share.

  Tape Action

  DEN's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $26.81 in the prior session to as high as $28.03 in the afternoon.

  A key bullish trade came in the morning when a block of 19,000 shares crossed the tape at $27.71.

  That was up from the prior block at $27.48 on 1,043 shares.

  Near the close a block of 15,528 shares crossed at $27.66.

  That came on an up tick from the prior trade at $27.64 on 600 shares.

   Business

  DEN operates in: the Gulf Coast and Rocky Mountain regions.

The Company's properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama.

 In  the Rocky Mountain region they are in Montana, North Dakota and Wyoming.

  DEN's primary Gulf Coast carbon dioxide source is Jackson Dome, which is located near Jackson, Mississippi.

  Charts

  DEN's 12-month performance chart shows the stock up 50% versus a gain of 15% for the stock market.

  Insiders were recent sellers at $18 to $26.50 a share.

  They have not been recent buyers, although they have received stock options.

  DEN's long-term chart shows the stock climbing from $15 back in September of 2020 to its current price of $27.66.

  DEN's daily chart shows the stock breaking out from a flat base at $20 in November.

  The stock climbed to $27 by December.

  It put down a small, cup-and-handle base.

  The breakout is solid.

  The stock's CCI momentum indicator is strongly bullish.

  Earnings Outlook

  Net for 2020 should climb 165% to $1.06 a share from the 40 cents the prior year.

  The stock has a price-earnings ratio of 26.

  Looking ahead to 2021, the Street predicts a 27% increase in net to $1.35 a share from the anticipated $1.06 for 2020.

  Fourth quarter net for 2020 will be strong. Analysts predict a 478% surge to 52 cents a share from the nine cents the prior year.

Strategy Opinion:  TTD is targeting DEN for a move to $33 within the next few months, or sooner.

A protective stop can be placed near  $26

Intermediate-Term Rating: Average.

Suitability:   Aggressive Bulls.

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

Breakout Success

Bullish

  DEN scored a big gain off its recent breakout.

Response to Net

Bullish

  DEN rose 1 time after 1 earnings reports.

Seasonal Success

Bullish

  DEN avg. gain 7.7% in Dec. prior 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

             37%

   11/24/2020      20.15        27.66    Still in play

(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

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

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

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

      TTD's Quality Rating of Stock - JD -  ABOVE  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  -  2

Stocks Screened - 12,234

Long-Term Environment for bears: unfavorable.

Bear Side -  Only two short plays. Bears be conservative.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

GTT Communications Inc. (GTT) - 3.21

Loss Seen This Year and Next, TTD Sees Drop to 2.20

  GTT, based in McLean, Va., provides cloud networking services to a variety of clients. Annual revenues: $1.7 billion. GTT's stock moves lower Tuesday and undercuts key technical support.

  So far today, GTT is trading 1.1 million shares. Its average daily volume is 914,000 shares.

  TTD sees more on the downside.

  GTT is now at an 8-year low.

  GTT's stock moved lower in the morning and undercut key technical support.

  It fell to an intraday day of low of $3.09 in the morning.

  The stock then lifted back to around $3.30 in the early afternoon and then trended mostly sideways the rest of the day.

   Tape Action

  GTT's tape action shows the recent block trades.

  One can see the price for the blocks falling from $3.42 in the morning to as low as $3.15.

  A key bearish trade came in the morning when a block of 8,000 shares crossed the tape at $3.37.

  That was down from the prior block at $3.42 on 11,943 shares.

  Business

 GTT provides global communications services, wide area network services; Internet services; managed network and security services, and voice and unified communication services.

It offers customers with high-bandwidth global Internet connectivity and Internet protocol transit with availability and packet delivery.

The company provides services to carriers and government customers in over 100 countries.

  Earnings:

  For 2020, the Street predicts a loss of $2.73 a share compared with a loss of 68 cents a share the prior year.

  Looking ahead to 2021, analysts expect a loss of $1.79 a share.

Charts:  

  GTT's daily chart shows the stock trending lower and then trying to make a bottom around $3.50. It fails and now is at a seven-year low. The stock was at $62 back in 2018.   

  GTT has declined 70% the past 12 months.

Strategy Opinion: TTD  is targeting GTT for a decline to $2.20 within the next few months, or sooner. A protective stop buy can be placed near $3.50.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bullish

 GTT rose 8 times after 15 earnings reports.

Seasonal Success

Bullish

 GTT lost avg 0.2% in Jan., rose 15% in Feb. prior years.

Earnings Beats

Bullish

 GTT beat Street estimate 11 times after 20 reports.


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


   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. - 2021

    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 1-480-878-8381.

   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.)