Ticker Tape Digest

Thursday - January 6, 2022

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 Swing - 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.

   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.

Thursday - January 6, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakout Stocks -  14

Quality of Breakouts - Below Average.

Stocks Screened - 12.234.

Bull side - Large list of breakouts. The list is very selective.

Stock market  - Major averages are mixed. The Nasdaq daily and weekly is bearish, along with the daily S&P 500.

Comment - One needs to be careful and conservative as the stock market is vulnerable to the downside.

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

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.

Thursday - Breakouts  

Today's Featured TTD Breakout Stock

Signature Bank (SBNY) - 362.46, up 21.46 - Breakpoint 342.74

Net To Surge 47% for 2021, TTD Targets 420

     SBNY, based in New York, operates a commercial bank with 37 offices. Annual revenues: $1.9 billion. SBNY's stock surges higher Thursday and breaks out from its 7-week, cup-and-handle base.

 The breakout comes after SBNY was featured by TTD as an accumulation play on Wednesday.

  So far today, SBNY is trading 1.2 million shares. Its average daily volume is 1.4 million shares.

  TTD highlighted  SBNY as a breakout at our midsession video show Thursday.  

  SBNY is a conservative play. However, it could do well and is part of a strong move in the small banking sector stocks.

  SBNY's stock moved higher in the morning and climbed to an intraday peak at  $357.99 in the early afternoon.

  That stock paused and then in the late afternoon drove higher.

  It closed near its high for the day. That is bullish.

  In after-hours trading,  SBNY was unchanged.

  Tape Action

  SBNY's tape action shows the recent block trades.

  One can see the price for the blocks rising from $341 in the prior session to as high as $362.46 near the close

  A key bullish trade came in the morning when a block of 7,998 shares (duplicated) crossed the tape at 343.46..

  That was up from the prior block the day before at $341 on 86,843 shares.

  Near the close a big block of 81,915 shares crossed at $362.46.

  That was up from the prior block of 18,200 shares crossed at $361.82.

   Business

  SBNY is a bank with 37 offices in New York and Connecticut, California and North Carolina.

The company operates through two segments: Commercial banking and specialty finance.

The commercial Banking segment consists of commercial real estate lending, commercial and industrial lending, fund banking and venture banking.

The specialty finance segment consists of financing and leasing products, including equipment, transportation, commercial marine, municipal and national franchise financing. 

  Charts

SBNY's 12-month performance chart shows the stock up 153% versus a 28% gain for the stock market.

SBNY insiders were sellers a $$226 to $253 a share back in April .

They have not done any recent buying.  

SBNY's long-term chart shows the stock climbing from $69 back in 2030 to a peak at $342 in late 2021.

 The stock pulled back and now drives higher.  

  SBNY's daily chart shows the stock rising from $260 in September to a peak at $342 by November.

  The stock put down a cup-and-handle base.

  Now, SBNY blows out of its base with a widening of the daily spread.

  The CCI momentum indicator is strongly bullish.

 Earnings Outlook

  Net for 2021 is projected to surge 47% to $14.56 a share from the $9.96 the year before.

  The stock has a current price-earnings ratio of 22.

  Going out to 2022, the Street projects a 17% rise in net to $17.08 a share from the anticipated $14.66 for 2021.

  Quarterly net will be strong.

   Net for the fourth quarter ending in December should rise 21% to $3.93 a share from the $3.26 the prior year.

 For the first quarter, the Street projects a 21% rise in net to $3.92 a share from the $3.24 the year before.  

Strategy Opinion: TTD is targeting SBNY for a move to $420.

 A protective stop can be placed near $340 after a breakout.

Intermediate-Term Rating: Average.

Suitability:  Average Bulls. 

           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. Sell point can be a cut below the 50-day M/A.)

  Stock's Long-term Chart

   Stock's Price Performance after Reporting Earnings

 Stock Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red

TTD's Breakout Stocks

Ticker Tape Digest's

Pre-Market Breakout Watch List

Selections for - Friday - January 7, 2021

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, 2022

Latest prices are Tuesday - January 6, 2021

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.

Copyright --- Ticker Tape Digest - 2021

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 - 20

Stocks Screened - 12,234

Long-Term Environment for bears: Neutral.

Bear Side -  Large list of shorts as the stock market declines again. Aggressive bears can be venturesome.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Humana Inc. (HUM) - 367.53

Stock Gaps Below Support, TTD sees drop to 300

  HUM, based in Louisville, Ky., provides health insurance services. Annual revenues: $74.2 billion. HUM's stock falls sharply Thursday and undercuts key technical support.

  So far today, HUM is trading $7.7 million shares, 11 times its average daily volume.

  TTD sees potential for more on the downside.

  HUM's decline was triggered when HUM reported a big drop in medicare advantage membership.

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

  The stock touched an intraday low at $359.28 around midday.

  The stock then trended sideways unable to rally.

  In after-hours, HUM was down 3 cents a share.

   Tape Action

  HUM's tape action shows the recent block trades.

  One can see the price for the blocks tumbling from $455.83 in the prior session to as low as $$364.60 in the early afternoon.

 A key bearish trade came in the morning when a block of 34,352 shares (duplicated) crossed at $417.85.

 That was down from the prior block the day before at $455.83 on 70,582 shares.

  Business

 HUM provides health care plans in the U.S. It takes care of  health insurance benefits

  It also covers dental, vision and special benefits.

 HUM is a health and well-being company. Its segments include retail and specialty healthcare services.

 Charts:

  HUM's daily chart show the stock in a sideways pattern.

  Thursday, it gaps lower with massive volume on news of a slowdown in its business.

  The stock's CCI momentum indicator is extremely bearish.

 Earnings:

  For 2021, analysts have been predicting a 10% increase in net to $20.54 from $18.75 the prior year.

  However, that estimate could come down

  Net for the fourth quarter should come in at $1.23 a share versus a loss of $2.30 the prior year.

 Turning to 2022, the Street has been forecasting a 17% rise in net to $23.94 from the anticipated $20.54 for 2021.

 That estimate could be reduced.

  Strategy Opinion:  TTD is targeting HUM for a decline to $300 within the next few months or sooner.

 A protective stop buy can be placed near $380.

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. - 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.”

   For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-704-3331.

   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.)