Daily - Go to TTD's     Chart scroller of  Breakout Stocks    -  Wednesday - January 24, 2018

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Wednesday, January 24, 2018

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Wednesday, January 24, 2018

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, January 22, 2018

 


Go to Video Show - "How to Make Money With Breakout Stocks


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Ticker Tape Digest

Wednesday - January 24, 2018


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'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.

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: 1-480-926-1680.


Wednesday - January 24, 2018

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today -  19

Quality of Breakouts -  Average

Stocks Screened - 12,234

Bull side -   Large list of breakouts with some interesting plays. Bulls can be venturesome.

Stock market  -  Bullish. Major averages still holding up trend in all time sectors. Some distribution showing up. So, bulls need to be watchful.

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 - Wednesday

(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 at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  


Today's Featured TTD Breakout Stock

Fastenal Co. (FAST) - 56.86, up 2.45 - Breakpoint 55.43

Net to Surge 27% This Year, TTD Targets 68 

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

  FAST, based in Winona, Min., sells construction supplies such as fasteners and supply tools. Annual revenues: $4.4 billion. FAST's stock drives higher Wednesday and breaks out from an eight-week flat base.

  The move carries the stock to a new all-time high. It came public back in 1987.

  TTD highlighted FAST as a breakout at our midsession video show on the Web Wednesday.

  So far today, FASt is trading 5.4 million shares. Its average daily volume is 3 million shares.

  FAST broke out in the morning. it reached a peak in the morning at $56.73.

  The stock then pulled back slightly, but then came on in the afternoon. It closed near its high for the day. That is bullish.

  Tape Action

  FAST's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $53.99 in the prior session to as high as $57.03 on Wednesday.

  A key bullish trade came in the morning when a block of 30,553 shares (duplicated) crossed the tape at $55.63.

  That was up from the prior block trade at $54.38 on 134,170 shares late on Tuesday.   

  Near the close a block of 307,853 shares (duplicated) crossed the tape at $56.86.

  That came on a down tick from the prior trade in the sequence at $56.87 on 100 shares.

   Business

  FAST sells construction supplies such as fastener and also non-fastener maintenance supplies.

It sells through a network of about 2,500 stores.

 Its customers are in the manufacturing and non-residential construction markets.

The manufacturing market includes both original equipment manufacturers and maintenance and repair.

  The non-residential construction market includes general, electrical, plumbing, sheet metal and road contractors.

Charts

  FAST's 12-month performance chart shows the stock up 12% versus a 22% gain for the stock market.

  Insiders were recent buyers using stock options at $27 a share. They were sellers at $48 to $52 a share.

  FAST's long-term chart shows the stock climbing to a peak of  $55 in early 2012. The stock then pulled back and went into a long-term  trading range with upside resistance near $53.

  The stock has now broken clear of its long-term base.

  FAST's daily chart shows the stock climbing nicely from $42 back in September to a peak near $55 by December.

  The stock put down a flat base.

  There was a short shakeout to the downside that came when earnings were reported.

  However, the stock rallied and now breaks out with an expansion in volume.

  The stock's CCI momentum indicator (bottom of chart) is solidly bullish.

  Earnings Outlook:

  This year, analysts are forecasting a 28% increase in net to $2.46 a share  from $1.92 the year before.

  The stock sells with a price-earnings ratio of 22. TTD sees that as reasonable.

  Net for the upcoming first quarter should increase 30% to 60 cents a share from 46 cents the year before.

  The highest estimate on the Street is at 62 cents a share. The company tends to meet or slightly top the Street estimate.

  Net for the second quarter is expected to rise 27% to 66 cents a share from 52 cents the year before.

Strategy Opinion: TTD is targeting FAST for a move to $68 off this breakout. A protective stop can be placed near $53 giving it some room.

TTD rates FAST a good intermediate-term play

Suitability:   Average Bulls.

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

Probability - Breakout Success -  Bullish.  FAST has scored some good gains off its recent breakouts.

Probability - Earnings Response - Extremely Bearish. FAST rose just 2 times after the past 12 earnings reports when there was a significant change. So, the stock has to be watched carefully at earnings time.

Probability:  Seasonal Success - Bullish.  FAST declined an average of 0.5% in January in the pas five years. It rose an average of 3.3% in February and 3.8% in March.


           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

             13%

    11/27/2017      48.96        55.47    1/8/2018

             24%

    9/20/2017      44.48        55.47    1/8/2018

             19%

    2/4/2016      41.67        49.87    3/21/2016
             16%     12/21/2012      45.39        52.76     2/15/2013

(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 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

               


TTD's Breakout Profile Rating
Fastenal Co. (FAST )  
TTD Check List Bullish Bearish Neutral
Near 52-week High YES
Volume YES  
Tick Volume YES
Price Trend - Daily YES  
Price Trend - Long Term YES    
Price Daily Spread YES  
Base Structure YES    
Base - A-D YES
Earnings-Quarterly YES    
Earnings-Long Term YES    
Earnings Outlook YES  
Industry Group YES  
Prior Breakout Success YES  
Fund Sponsorship YES  
Total Score   14 0 0

Charts of Selected Breakout Stocks

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

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

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

                    TTD's Quality Rating of Stock - GD -  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 so far today - 3

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side - Small list of shorts. Airline stocks no moving lower but not in range to be shorted. Bears remain conservative.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Mercury Systems Inc. (MRCY) - 47.11, down 1.93

Net Disappoints, TTD Sees Decline to 40

  MRCY, based in Andover, Mas., provides secure processing subsystems made in the U.S. Annual revenues: $409 million. MRCY's stock falls sharply and under cuts key technical support. TTD sees more on the downside.

  TTD highlighted MRCY as a short at our midsession video show on the Web Wednesday.

  The drop in the stock was triggered by disappointing earnings.

  So far today, MRCY is trading a heavy 1.8 million shares, six times its average daily volume of 306,000 shares.

  The company reported net for the fiscal second quarter ended in December of 28 cents a share. That was below the 30 cent share consensus by analysts.

 It was the first quarterly miss after six straight quarterly "beats."

  MRCY's stock took a dive in the morning touching $45.75.

  The stock bounced back to $48.98, but then faded back to around $46 and trended sideways.

  Tape Action

  MRCY's tape action shows the recent block trades.

  One can see the price for the blocks falling from $49.04 in the prior session to as low as $46.50 by the end of Wednesday.

  A key bearish trade came in the morning when a block of 17,077 shares (duplicated) crossed the tape at $48.

  That was down from the prior block trade at $49.04 on 23,797 shares late on Tuesday.

  Business

  MRCY handles embedded processing modules and subsystems, radio frequency and microwave multi-function assemblies. It also works with subsystems, and RF and microwave components.

   It designs and builds RF and microwave components and subsystems for the electronic warfare, signals intelligence and other communications systems.  

 Earnings:

 This fiscal year ending in June analysts have been forecasting an 18% increase in net to $1.36 a share. That estimate will come down a bit possibly to $1.32.

  Net for the upcoming fiscal third quarter ending in March is expected to leap 113% to 34 cents a share from  the 16 cents the year before.   

Charts:   

  MRCY's daily chart shows the stock cutting below key technical support with a big pick up in volume. That is very bearish.

  MRCY's 12-month performance chart shows the stock up 40% versus a 22% gain for the stock market.   

Strategy Opinion: TTD is targeting MRCY for a decline to $40 within the next few months, or sooner. A protective stop buy can be placed near $49.

Suitability: Average Bears.

  TTD's special probability research of  Prior Performance:  

Probability - Earnings Response - Bearish.  MRCY rose just 4 times after the past 9 earnings reports when there was a significant change.

Probability:  Seasonal Activity -  Slightly Bullish.  MRCY rose an average of  3.7% in January and 2% in February.


                    TTD's Quality Rating of Stock - MRCY -  BELOW AVERAGE


   Stock 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. - 2018

    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 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.”

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   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. 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.)