Daily - Go to TTD's     Chart scroller of  Breakout Stocks    -  Tuesday - January 19, 2021

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Wednesday - January 20, 2021

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Wednesday - January 20, 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 19, 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 19, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  10

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Good list of breakouts with some interesting plays for aggressive bulls.

Stock market  -  Major averages bullish in all time sectors.

Comment -  Stock market acting strong and holding strong up trend.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  None.

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

Qualcomm Inc. (QCOM) - 163.77, up 6.68 - Breakpoint 159.06

Net To Surge 71% for Fiscal 2021 (Sept.), TTD Targets 190

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

    QCOM, based in San Diego, Ca., produces wireless technology. QCOM's stock moves higher Tuesday and breaks out from  its 8-week, cup-and-handle base.

 The move carries QCOM to an all-time high. That is bullish.

  TTD highlighted QCOM as a breakout at our midsession video show.

  Also, last week TTD featured QCOM as an accumulation play as a potential breakout.

  So far today, QCOM is trading 8.2 million shares. Its average daily volume is 6.2 million shares.

  QCOM is a leader in the tech sector.

  QCOM's stock drove higher in the morning and cleared its breakpoint line.

 The stock then worked higher the rest of the day.

  The stock closed near its high for the day. That is bullish.

   In after-hours trading, QCOM was up 63 cents a share.

  Tape Action

  QCOM's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $157.09 in the morning to as high as $163.85 in the afternoon.

  A key bullish trade came in the morning when a block of 138,819 shares (duplicated) crossed the tape at $158.94.

  That was up from the prior block at $157.09 on 330,000 shares in the prior session.

  Near the close a block of 100,000 shares (duplicated) crossed at $163.85.

  That was up from  the prior trade at $163.15 on 7,000 shares.

  Business

 QCOM provides wireless technology products. It is developing fifth-generation services for wireless systems. .

 The company operates through three segments: QCT (Qualcomm CDMA Technologies), QTL (Qualcomm Technology Licensing) and QSI (Qualcomm Strategic Initiatives).

It is specialized in offering third-generation (3G), fourth-generation (4G) wireless technologies and 5G wireless technologies.

 Charts 

  QCOM's 12-month performance chart shows the stock up 72% versus an 18% gain for the stock market.

  Insiders were buyers using stock options. The price was not disclosed.

  They were sellers at $87 to $157 a share.

  QCOM's long-term chart shows the stock in a trading range from 2016 to 2019.

  The stock cleared its long-term base in 2019 and climbed to a peak at $161 late last year.

  QCOM's daily chart shows the stock rising from $110 in September to a peak at $159 in December.

  The stock formed a cup-and-handle base.

  QCOM edged out of the base three sessions ago, pulled back and now on Tuesday breaks out with a good widening of the daily spread.

  The stock's CCI momentum indicator is solidly bullish.

   Earnings Outlook

  QCOM's net for the fiscal year ending in September of 2021 is projected to surge 71% to $7.18 a share from  the $4.19 the prior year.

  The stock has a price-earnings ratio of 21. The means the stock is attractive for value-growth investors.

  Looking out to 2022 ending in September the Street predicts a 13% increase in net to $8.08 a share from the $7.18 the current fiscal year.

  Quarterly earnings should be very strong.

  Net for the upcoming fiscal first quarter ending in December should surge 112% to $2.10 a share from 99 cents the prior year.

 The highest estimate for the quarter is at $2.19 a share. The company beat the consensus the past four quarters by 26 cents a share, 14 cents, 9 cents and 14 cents.

  Profits for the fiscal second quarter should leap 75% to $1.54 a share from the 88 cents the previous year.   

Strategy Opinion:  TTD is targeting QCOM for a move to $190 within the next few months, or sooner.

 A protective stop can be placed near $152 after a breakout.

Intermediate-Term Rating:  Above Average.

Suitability:  Aggressive Bulls. 

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

Breakout Success

Bullish

  QCOM scored small gains off recent breakouts.

Response to Net

Bullish

  QCOM rose 8 times after 15 earnings reports.

Seasonal Success

Bullish

  QCOM avg. loss 4% in Jan., gain 0.6% in Feb. prior years.

Earnings Beats

Bullish

  QCOM beat Street net estimate 18 times after 20 reports.


           Stock's Prior Performance After A Breakout

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

                5%

   10/9/2020       123.95      129.88      10/14/2020

              32%

   7/29/2020         93.75      123.95      9/2/2020

              13%

   10/28/2019         83.05        94.03      11/8/2019

              50%

   4/16/2019         58.42        87.14      5/2/2019

(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 - MGNI - ABOVE  AVERAGE

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

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

      TTD's Quality Rating of Stock - QTWO - AVERAGE


Ticker Tape Digest's

Pre-Market Breakout Watch List

Selections for - Wednesday - January 20, 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, 2021

Latest prices are January 19, 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.


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  - 1

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Only one short play. Bears be conservative.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

89Bio Inc. (ETNB) - 20.89

Loss Seen This Year and Next, TTD Sees Drop to 16.50

  ETNB, based in San Francisco, is biotech firm working on treatments for liver and cardio-metabolic diseases. Annual revenues: Nil. ETNB's stock declines Tuesday and undercuts key technical support.

  So far today, ETNB is trading 310,178 shares. Its average daily volume is 256,000 shares.

  TTD sees potential for more on the downside.

  ETNB's stock declined in the morning and was below its key support line.

  The stock touched an intraday low of 20.77 in the morning.

  It then trended sideways the rest of the day.

  Tape Action

  ETNB's tape action shows the recent block trades.

  One can see the price for the blocks falling from $21.38 Friday to $20.88 in the morning.

  A key bearish trade came in the morning when a block of 2,500 shares crossed at $21.21 on 2,500 shares.

  That was down from the prior block at $21.38 on 5,186 shares Friday.

  Business

  ETNB develops therapies to treat liver and cardio-metabolic diseases.

  The company’s lead product candidate, BIO89-100, a specifically engineered glycoPEGylated analog of fibroblast growth factor 21.

 FGF21 is a metabolic hormone that regulates energy expenditure and glucose and lipid metabolism.

 Earnings:

  For 2020, the company should show a loss of $3.08 a share compared with a loss of $24.49 a share in 2019.

  Looking out to 2021, the Street predicts a loss of $4.03 a share.

Charts:  

  ETNB's daily chart shows the stock trending lower from $42 in August to $20.89 by January.

  The stock now cuts below support with expanding volume.

Strategy Opinion: TTD  is targeting ETNB for a decline to $16.50 within the next few months, or sooner. A protective stop buy can be placed near $22.50.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Neutral

 ETNB rose 2 times after 4 earnings reports.

Seasonal Success

Bullish

 ETNB fell avg 6.3% in Jan., rose 33% in Feb. prior years.

Earnings Beats

Neutral

 ETNB beat Street estimate 2 times after 4 reports.


   TTD's Quality Rating of Stock  - ETNB -  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 1-480-704-3331.

   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.)