Daily - Go to TTD's     Chart scroller of  Breakout Stocks    -  Wednesday - January 20, 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

Wednesday - January 20, 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.


Wednesday - January 20, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  18

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Large list of breakouts with some good plays for aggressive bulls.

Stock market  -  Major averages are bullish in all time sectors.

Comment -  Stock market still driving higher with some good breakouts.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  BEDU, PLXS, INBK, DFS and KMI.

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

Netflix Inc. (NFLX) - 586.34, up 84.57 - Breakpoint 556.09

Net To Soar 49% This Year, TTD Targets 650

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

    NFLX, based in Los Gatos, Ca., provides an Internet television network. Annual revenues: $20.2 billion. NFLX's stock gaps higher Wednesday to breakout from  its 15-week, flat base.

  So far today, NFLX is trading a heavy 32.6 million shares, six times its average daily volume of  4.7 million shares.

  TTD sees potential for more on the upside. TTD highlighted NFLX as a breakout on out midsession video show.

  NFLX is a leader that has made a sixfold move the past five years.

  The push higher was triggered when NFLX hinted to a possible stock buyback. Also, Pivotal Research Group raised is price target to $750.

  NFLX's stock broke out in the morning.

 The stock then trended higher reaching an intraday high of $593.28 in the afternoon.

The stock then coasted into the close.

In after-hours trading, NFLX was down 67 cents a share.

  Tape Action

  NFLX's stock shows the recent block trades.

  One can see the price for the blocks climbing from $501.77 in the prior session to as high as $586.34 at the close.

  A key bullish trade came in the morning when a block of 415,917 shares (duplicated) crossed the tape at $564.29.

 That was up from  the prior block at $501.77 on 13,457 shares in the prior session.

 Then near the close a massive block of 680,098 shares crossed at $586.34.

  That was up sharply from the prior block at $584.67 on 39,508 shares.

   Business

  NFLX operates: Domestic streaming, International streaming and Domestic DVD.

 The domestic streaming covers the USA and overseas. The domestic DVD  includes services, such as digital optical disc (DVD)-by-mail.

 The company's members can watch original series, documentaries, feature films, as well as television shows and movies directly on their Internet-connected screen, televisions, computers and mobile devices.

 NFLX has members streaming in over 190 countries.

  Charts 

  NFLX's 12-month performance chart shows the stock up 70% versus a 17% gain in the stock market.

  On insider trading, CEO Hastings REED was a big buyer using stock options at $9 to $14 a share.

  He was a seller at $343 to $523 a share. He made a profit of more than $300 million in the past few months.

  NFLX's long-term chart shows the stock climbing from $7 back in 2012 to a peak near $129 by 2015.

  The stock then based and broke out in 2016 and ran up to a peak at $423.20 in 2018.

  The stock put down a long-term  base. It broke out in April and has now soared to 586.

  NFLX's daily chart shows the stock climbing from $460 in September to a peak near $556 in October. .

 The stock pulled back to $475 and then proceeded to trend in a wide range.

  Wednesday, NFLX gaps sharply higher and blows out of its base.

  The stock's CCI momentum  indicator is strongly bullish.

  Earnings Outlook

  This year, analysts forecast a 49% jump in net to $9.05 a share from  the $6.08 the prior year.

  The stock sells with a price-earnings ratio of 64. That is high but okay given the earnings growth rate.

  The company has benefited from people staying home to watch TV due to the virus.

  Looking out to 2022, the Street predicts a 34% gain in net to $12.13 a share from the anticipated $9.05 this year.

  Quarterly earnings growth will be strong and show an accelerations.

  Net for the first quarter should leap 34% to $2.11 a share from  the $1.57 the prior year.

  The highest estimate on the Street is at $2.43 a share.

  The company missed the Street estimate the past four quarters..

  For the second quarter, the Street predicts a 56%  jump in net to $2.48 a share from  the $1.59 the prior year.

Strategy Opinion:  TTD is targeting NFLX for a move to $650 within the next few months, or sooner. A protective stop can be placed near $555.

Intermediate-Term Rating:  Above Average.

Suitability:  Aggressive Bulls. 

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

Breakout Success

Bullish

  NFLX scored big gains off recent breakouts.

Response to Net

Bullish

  NFLX rose 11 times after 14 earnings reports.

Seasonal Success

Bullish

  NFLX avg. gain 5.3% in Feb., 1.7% in March prior years.

Earnings Beats

Bullish

  NFLX beat Street net estimate 13 times after 20 reports.


           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

             20%

    7/1/2020       458.86        548.73      7/10/2020

             18%

    4/13/2020       385.88        454.19      5/15/2020

             25%

    5/23/2018       332.93        415.44      6/21/2018

             63%

    1/5/2018       203.18        331.44      3/9/2018

             39%

    10/17/2016       104.13        144.74      2/8/2017
             80%     4/16/2015         68.77        123.52      8/7/2015

(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 - EXPI - ABOVE  AVERAGE

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

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

      TTD's Quality Rating of Stock - MNSO -  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 -  Small list of shorts as stock market drives higher. Bears be conservative.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Equitrans Midstream Corp.  (ETRN) - 7.04

Lower Net Seen This Year and Next, TTD Sees Drop to 5.50

  ETRN, based in Pittsburgh, Pa., produces natural gas. Annual revenues: $1.6 billion. ETRN's stock falls sharply Wednesday and undercuts key technical support with big volume.

  So far today, ETRN is trading a heavy 19.9 million shares, triple its average daily volume of 5.6 million shares.

  TTD sees more on the downside.

  The stock has been in a steep down trend.

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

  The stock fell to an intraday low of $6.80 by noon. In the afternoon, the stock worked higher to trim some of its loss.

   Tape Action

  ETRN's tape action shows the recent block trades.

  One can see the price for the blocks falling from $7.65 in the prior session to as low as $6.85.

  A key bearish trade came in the morning when a block of 150,000 shares crossed the tape at $7.09.

  That was down sharply from  the prior block at $7.65 on 395,639 shares in the prior session.

  Business

  ETRN products natural gas in the U.S. The company provides midstream services to EQT Corp. and multiple third-parties in Pennsylvania, West Virginia, and Ohio.

 ETRN  provides natural gas gathering, transmission and storage services under contracts. Its midstream assets are in the Appalachian Basin.

  Earnings:

  ETRN's earnings for 2020 should fall 57% to $1.28 a share from the $3 the prior year.

  For the fourth quarter, net should drop 74% to 32 cents a share from the $1.24 the prior year.

  Looking out to this year, the Street expects a 15% decline in net to $1.09 a share from the anticipated $1.28 for 2020.

  Profits for the first quarter should slump 30% to 28 cents a share from the 46 cents the prior year.

Charts:  

  ETRN's daily chart shows the stock trending lower from $11.66 last August to $6.67 by November. The stock staged a rally to $8.92, but has since rolled over picking up volume.

Strategy Opinion: TTD  is targeting ETRN for a decline to $5.50 within the next few months, or sooner. A protective stop buy can be placed near $7.40

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bearish

 ETRN rose 2 times after 8 earnings reports.

Seasonal Success

Bearish

 ETRN lost avg 18% in Feb. lost 2.8% in March prior years.

Earnings Beats

Bullish

 ETRN beat Street estimate 7 times after 8 reports.


   TTD's Quality Rating of Stock  - ETRN -  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.)