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 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.
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)
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.
TTD also has special feature sections on Educational Tips on Investing.
To email Mr. Leo Fasciocco firstname.lastname@example.org.For service, email Beverly Owen email@example.com. TTD’s Tel: 1-480-926-1680.
Total Buy Breakouts so far today - 1
Overall Quality of Breakouts - BELOW AVERAGE
Stocks Screened - 8,300
Bull side - Only one breakout - a gold stock. Stock market falls sharply. Bulls be conservative and patient.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Bearish
Stock Market Momentum
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bearish, Nasdaq Bearish
Market (Monthly) - NYSE Bearish, Nasdaq Bearish
Ticker Tape Digest's
TTD's Quality Rating of Stock - SBGL - BELOW AVERAGE
SBGL, based in Westonario, South Africa, develops gold in underground and surface operations in South Africa. Annual revenues: $1.3 billion. SBGL's stock breaks out Friday from a 14-week, cup-and-handle base.
The move carries the stock to an 8-month higher.
However, there is "overhead resistance" in the 11 to 8 range.
SBGL's move is impressive given the stock market's big plunge on Friday.
The move by SBGL came to a 6.7% surge for the day.
SBGL is trading a heavy 2.6 million shares, more than double its average daily volume of 993,000 shares.
The stock had a gap move higher in the morning and reached an intraday peak of 7.98. (see chart)
The stock then backed off a bit and trended sideways the rest of the day.
It closed firm in the last hour of trending.
SBGL's tape action shows the recent block trades
One can see the price for the blocks climbing from $7.29 in the prior session
A key bullish block came in the morning when 53,724 shares crossed the tape at $7.93.
That was up sharply from the prior block at $7.29 on 11,020 shares late on Thursday.
The stock closed firm with a block of 45,836 shares at $7.78.
The company holds interests in the Driefontein Operations covering 8,561 hectares; the Kloof Operations covering 20,100 hectares; and the Cooke Operations in the West Witwatersrand region, as well as in the Beatrix Operations covering 16,821 hectares in the Free State province of South Africa.
SBGL had proved and probable gold reserves of 28.4 Moz; and probable uranium reserves of approximately 102.5 Mlb.
SBGL's six-month performance chart shows the stock appreciating 40% versus a 10% decline in the stock market.
The stock's long-term chart shows it going public in 2013 and trading at 6. The stock backed off a bit but then raced to a peak of 11.29 in mid-2014.
The stock backed off an rallied to its all-time high of 11.56 in early 2015. It then fell back hard dropping to 4. It has since turned up
SBGL's daily chart shows the stock advancing from 4 in August to a peak near 7 by October.
The stock then pulled back and formed a cup-and-handle base. The handle portion is small.
The breakout Friday comes with good volume.
SBGL's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) lags.
Analysts expect SBGL to check in with earnings for 2015 down 25% to 45 cents a share from 60 cents a year ago.
However, this year, the Street is projecting a robust 84% leap in net to 83 cents a share from the anticipated 45 cents for 2015.
There are no quarterly estimates.
Strategy Opinion: TTD is targeting SBGL for a move to 10 off this breakout. A protective stop can be placed near 6.
TTD rates the stock an average intermediate-term play. It will be important to follow the technical pattern of the gold sector.
Sponsorship: Not available.
SBGL has 228 million shares outstanding.
Insider Activity: Not available.
Currently, 4 analysts follow the stock, 2 have a buy, the same as three months ago. SBGL has a book value of $3.72 a share.
Stock Performance Chart with Quarterly Earnings Markers.
|TTD's Breakout Profile
Sibanye Gold Ltd. - (SBGL)
|TTD Check List||Bullish||Bearish||Neutral|
|Near 52-week High||YES|
|Price Trend - Daily||YES|
|Price Trend - Long Term||YES|
|Price Daily Spread||YES|
|Base - A-D||YES|
|Prior Breakout Success||YES|
Charts of Selected Breakout Stocks
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 - 11
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Modest number of shorts. Stock market falls sharply. Crude oil falls impacting stock market.
EDGE, based in Berkley Heights, N.J., is a biotech firm working on products to treat neurological conditions. Annual revenues: N/A. EDGE's stock a recent IPO in October, falls Friday and undercuts key technical support.
So far today, EDGE is trading 223,627 shares, almost double its average daily volume of 135,000 shares.
TTD highlighted EDGE as a short at our midsession video show on the Web Friday.
EDGE's stock fell sharply in the morning touching an intraday low of 9.42. The stock then rallied to cut its deficit.
EDGE's tape action shows the recent block trades.
One can see the price for the blocks falling from $11.42 in the prior session to as low as $9.89 on Friday.
A key bearish trade came in the morning when a block of 2,915 shares, duplicated, crossed the tape at $11.25.
That was down from the prior block trade at $11.42 on 2,318 shares.
EDGE's lead product candidate, EG-1962, is a polymer-based microparticle used to treat aneurysmal subarachnoid hemorrhage.
The company is also developing other product candidates to prevent recurrent bleeding after treatment for cSDH; and EG-1963 and to prevent rebleeding following surgeries outside the brain.
Analysts are forecasting EDGE will show a loss for 2015 of $14.71 a share and a loss this year of $1.44 a share.
EDGE's daily chart shows the stock coming public in October and racing from 10 to a peak near 25. Afterwards the stock drifted lower and then tried to form a bottom near 11.50. However, Friday, it cuts below support.
EDGE's TTD momentum indicator (top of chart) is now bearish. The accumulation - distribution line is trending lower showing clear selling pressure.
Strategy Opinion: TTD is targeting EDGE for a decline to 7.70 within the next few months, or sooner. A protective stop buy can be placed near 11.40.
|TTD's Quality Rating of Stock - EDGE - BELOW AVERAGE|
TTD columnist Leo Fasciocco has covered the stock market for over 20 years. His articles appear in many publications. He is also a speaker at the Intershow 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 1-480-926-1680. Distributed by Corona Publishing Enterprises. Ticker Tape Digest Inc. P.O. Box 2044 Chandler, Az. 85244-2044. TTD “Professional Report” is available on the World Wide Web: $100 per month. Password needed. “TTD Professional“ Faxed is $200 per month. The TTD Daily Report is $39.95. Credit cards accepted.
(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.)