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 - 11
Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large but selective. Energy stocks continue to do well. Bulls be patient. Earnings now due.
(Put mouse on chart to Nasdaq)
Environment for bulls: Neutral
Stock Market Momentum
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bearish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - INFO - ABOVE AVERAGE
INFO, based in London, provides information, analytics and solutions for companies. Annual revenues: $2.4 billion. INFO's stock moves higher Tuesday after the company reported better than expected earnings for the fiscal fourth quarter ended in November.
So far today, INFO is trading a heavy 4.5 million shares, double its average daily volume of 1.7 million shares.
The stock moves sharply higher in the morning cutting across its breakpoint line. (see 10-minute chart).
INFO pulled back a bit in the early afternoon.
However, it came on again strong in the last hour.
It was very bullish that the stock closed near its high for the session and showed heavy intraday volume at that point.
INFO's tape action shows the recent block trades.
One can see the price for the blocks climbing from $37 in the prior session to as high as $38.33.
A key bullish trade came in the morning when a block of 19,264 shares (duplicated) crossed the tape at $37.40
That was up from the prior block trade at $37 on 165,000 shares in the prior session.
Near the close a massive block of 283,140 shares (duplicated) crossed the tape at $38.33.
That was up from the prior block at $38.25 on 18,600 shares.
So, the tape showed big institutional accumulation.
INFO provides information, analytics and solutions to customers in business, finance and government.
The services improve operational efficiency.
The company has 50,000 business and government customers, including 80 percent of the Fortune Global big cap companies.
INFO's 12-month performance chart (see below) shows INFO appreciating 40% versus a 20% gain for the stock market.
INFO's long-term chart shows the stock coming public in 2014 and trading at $27.20.
The stock dipped down to its all-time low of $20.90 that year. However, it turned and has since rallied steadily.
The breakout Tuesday carries the stock to a new all-time high. That is bullish.
INFO's daily chart shows the stock in a flat base that morphed into a cup-without a handle base.
The breakout comes with a widening of the daily spread and expansion in volume.
That is very bullish.
The stock's CCI momentum indicator is strongly bullish giving the look of more to come on the upside.
INFO came in with earnings for the fiscal fourth quarter ended in November of 48 cents a share. That beat the Street consensus estimate at 46 cents a share.
Revenues came in at $874 million. That topped the Street estimate of $871 million.
INFO projected net for fiscal 2017 ending in November at $2.08 a share on revenues of 1.4 billion.
That topped 2017 estimates of $2.04 by analysts and was way above the $1.66 by Zacks.
Net for the fiscal first quarter ending in February should be up 25% to 44 cents a share from 35 cents a year ago.
Strategy Opinion: TTD is targeting INFO for a move to $46 off this breakout. A protective stop can be placed near 36.
TTD rates INFO a good intermediate-term play provided earnings remain on course.
Suitability: Growth-oriented Bulls
TTD's special research of INFO's Stock's Prior Performance after a Breakout:
INFO has tended to have some mid-teen price moves off its breakouts. Also, the stock has moved higher twice after its past three earnings reports. The stock did appear to act dull prior to its previous earnings reports.
The move to a new high now does open the door for a good gain like it had back March of 2016 and June of 2016.
Stock's Long-term Chart
Stock's Prior Performance After A Breakout
Stock's % Change from Breakout to peak - prior to a cut below 50-day M/A
Date of Breakout
Break point Price
Price Peak after Breakout prior to a cut below 50-day M/A
Date Trade Closed
(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 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
|TTD's Quality Rating of Stock -NBLX- ABOVE AVERAGE|
|TTD's Quality Rating of Stock -BIP - AVERAGE|
|TTD's Quality Rating of Stock -RMCF - AVERAGE|
|TTD's Quality Rating of Stock -PBA - AVERAGE|
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 - 8
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Selective list. Bears be conservative. Stock market pulls back Tuesday, but still holds overall up trend.
CHRs, based in Redwood City, Ca., is a biotech firm working on treatments for arthritis.. Annual revenues: $199 million. CHRS's stock falls sharply Tuesday and undercuts key technical support. TTD sees more on the downside.
So far today, CHRS is trading 434,333 shares. Its average daily volume is 271,000 shares.
TTD highlighted CHRS as a short at our midsession video show on the Web Tuesday.
CHRS's stock fell sharply in the morning undercutting key technical support. It touched a low of $24.90.
The stock rallied back to $25.85 in the early afternoon, but then rolled over again.
CHRS's tape action shows the recent block trades.
One can see the price for the blocks falling from $27.15 in the prior session to as low as $25.20.
A key bearish trade came in the morning when a block of 20,000 shares crossed the tape at $25.67.
That was down from the prior block trade at $27.5 on 10,000 shares near the opening.
CHRS. is a late-stage clinical biologics platform company. It is working on products to treat various types of cancer.
It is working on a treatment for rheumatoid arthritis and psoriasis.
Analysts are forecasting CHRS will show a loss for 2016 of $2.84 a share compared with a loss of $6.01 a share for 2015.
For 2017, they predict a loss of $5.23 a share.
CHRS daily chart shows the stock cutting below key technical support with a pick up in volume.
The stock's CCI momentum indicator (bottom of chart) is strongly bearish.
CHRS's 12-month performance chart shows the stock appreciating 70% versus a 22% gain for the S&P 500 index.
One can see heavy insider selling in August when the stock's performance peaked. Insiders were buyers from prices at 42 cents a share to $13. Selling took place last year around $30.
Strategy Opinion: TTD is targeting CHRS for a decline to $20 within the next few months, or sooner. A protective stop buy can be placed near 27.
Suitability: Aggressive Bears.
|TTD's Quality Rating of Stock -CHRS- BELOW AVERAGE|
Stock Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
TTD columnist Leo Fasciocco has covered the stock market for over 30 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.)