Daily - Go to TTD's Chart scroller of Breakout Stocks - Tuesday, February 14, 2017
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Daily - Go to TTD's Chart scroller of Breakout Stocks - Tuesday, February 14, 2017 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, February 13, 2017 |
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Go to Video Show - "How to Make Money With Breakout Stocks |
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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.
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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) |
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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 leo@tickertapedigest.com. For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-926-1680.
Breakout Stocks
Total Buy Breakouts so far today - 22
Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large with banks and financial stocks dominating. Bulls be selective. Stock market holds in up trend.
(Put mouse on chart to Nasdaq)
Environment for bulls: Bullish
Stock Market Momentum
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - GS - ABOVE AVERAGE |
GS, based in New York, is an investment bank serving institutional clients. Annual revenues: $30.6 billion. GS's stock moves higher Tuesday and breaks out from a 10-week flat base. The move carries the stock close to its all-time high.
So far today, GS is trading 4.1 million shares. Its average daily volume is 4.2 million shares.
TTD highlighted GS as a breakout at our mdisession video show on the Web Tuesday.
The stock's all-time high is $250.70 set back in 2007, just before the stock plunged to $47.41 during the bear market.
GS reached an intraday high of $250 Tuesday. 
GS's 10-minute chart shows the stock moving higher in the morning and cutting through its breakpoint line.
The stock reached an intraday high of $250 at midday.
It then backed off slightly and trended sideways holding the bulk of its gain for the day.
Tape Action
GS's tape action shows the recent block trades.
One can see a key bullish trade coming near the close on Tuesday.
That is when a block of 196,722 shares (duplicated) crossed the tape at $249.46.
That was up sharply from the prior block trade at $245.82 on 74,421 shares Tuesday morning.
The block at the close was big indicating aggressive institutional buying.
Business
GS is a bank holding company and a financial holding company.
The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.
GS's investment banking unit provides financial advisory services. They cover mergers and acquisitions, divestitures, corporate defense activities, restructuring, spin-offs and risk management.
The company's institutional client services makes markets and facilitates client transactions in fixed income, equity, currency and commodity products.
GS's investing and lending unit activities across various asset classes, primarily debt securities and loans, public and private equity securities, and real estate.
Charts
GS's 12-month performance chart shows the stock appreciating 68% versus a 23% gain for the stock market. GS has performed exceptionally well late in 2016.
The dark red bars show insider selling was heavy late in the year. The insiders also sold around $204 to $240 a share.
They were buyers using stock options. The price for the options was not disclosed in most cases. There was some options used at $199 a share.
GS's long-term chart shows the stock soaring to an all-time high of $250.70 in late 2007. The stock tumbled back to around $50 by late 2008 due to the bear market.
GS then rallied to around $193 in 2009, but rolled over again and fell to $84,27 in 2011. However after that, the stock rose to a peak in 2015, pulled back and has since come on again. 
GS's daily chart shows the stock climbing from $160 in October to a peak near $246 by December.
The stock then formed a flat base above its 50-day moving average line.
The breakout to a multi-year high is bullish.
The stock's CCI momentum indicator is solidly bullish.
Earnings Outlook
This year, analysts are forecasting a 20% increase in net to $19.60 a share from $16.29 in the prior year.
GS has a price-earnings ratio of 12. That is low given the earnings growth rate. So, the stock is attractive for value-growth investors.
Going out to 2018, analysts predict a 14% rise in net to $22.32 from the anticipated $19.60 this year.
Net for the upcoming first quarter is expected to soar 87% to $5.01 a share from the $2.68 a year ago.
The highest estimate on the Street is at $6.07 a share. TTD sees good chances for an upside earnings surprise.
GS topped the Street estimates the past four quarters by 32 cents a share, $1.02 then 71 cents and finally by 11 cents.
Profits for the second quarter are expected to rise 13% to $4.18 a share from the $3.72 the year before.
Strategy Opinion: TTD is targeting GS for a move to $290 off this breakout. A protective stop can be placed near $240. TTD rates GS a good intermediate-term play provided earnings meet expectations.
Suitability: Average Bulls.
TTD's special research of GS's Prior Performance after a Breakout:
TTD's research shows that recently (see table) GS has racked up some big gains after a breakout. The stock has had a big run up from $140 back in June to its high now of $249.
GS's seasonal chart shows the stock tending to do well in February, but then tailing off in March. It has tended to do well late in the year.
Stock's Prior Performance After A Breakout
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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 |
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44% |
10/19/2016 | 172.55 | 249.46 | Still in play |
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4% |
8/15/2016 | 164.42 | 171.66 | 9/8/2016 |
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12% |
4/9/2015 | 194.12 | 218.40 | 6/23/2015 |
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4% |
12/13/2013 |
169.94 |
176.89 |
1/2/2014 |
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25% |
1/2/2013 | 126.56 | 158.65 |
2/19/2013 |
(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
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock -ZION - ABOVE AVERAGE |
| TTD's Quality Rating of Stock -VOYA - ABOVE AVERAGE |
| TTD's Quality Rating of Stock -SIVB - AVERAGE |
| TTD's Quality Rating of Stock -TRU - 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 - 6
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of shorts. Bears be conservative. Stock market remains in an overall up trend.
HIBB, based in Birmingham, Ala., operates sporting good stores. Annual revenues: $972 million. HIBB's stock falls sharply Tuesday after the company said results for the fiscal fourth quarter ending in January will be below prior estimates. 
So far today, HIBB is trading a heavy 3.6 million shares, almost 10-times its average daily volume of 384,000 shares.
TTD highlighted HIBB as a short at our midsession video show on the Web Tuesday
The Street has been forecasting a 10% decline in net for the fiscal first quarter to 68 cents a share from 76 cents the year before.
The company said net for the fourth quarter would be 53 to 55 cents a share.
HIBB's stock gapped lower in the morning and touched an intraday low of $28.55.
The stock then rallied to $29.90 in the morning, pulled back a bit and then trended sideways the rest of the day.
Tape Action
HIBB's tape action shows the price for the big blocks.
One can see the price for the blocks falling from $33.45 in the Thursday session to as low as $28.55 on Monday.
A key bearish trade in the morning when a block of 79,000 shares crossed the tape at $29.12. It was the largest trade of the day.
That trade was down from the prior block at $29.35 on 22,200 shares.
Business
HIBB operates 1,040 stores in 30 states. It also has 20 sports additions athletic shoe stores.
The stores are in small to mid-sized markets in the South, Southwest, Mid-Atlantic and Midwest regions of the U.S.
The Company operates approximately 1,040 stores in over 30 states, which consists of approximately 1,020 Hibbett Sports stores and over 20 Sports Additions athletic shoe stores.
It sells Nike, Under Armour, Reebok, adidas, Easton, The North Face and Yeti brands.
Earnings
HIBB's earnings for the fiscal year ending in January were expected to be down 2% to $2.86 a share from $2.92 the year before. However, that Street estimates will come down to around $2.70 a share.
Charts
HIBB's daily chart shows the stock trending lower from around $44 back in November. Notice the decline began with a gap drop. The stock trend down to the low-30s. Today, gaps below support with big volume.
The stock's CCI momentum indicator is very bearish.
HIBB's 12-month performance chart shows the stock down about 10% versus a 23% gain for the stock market.
Insiders have been steady sellers of the stock. The latest selling was around $38 to $41 a share. The were buyers late last year using stock options at $14 to $39 a share.
Strategy Opinion: TTD is targeting HIBB for a decline to $24 within the next few months, or sooner. A protective stop buy can be placed near $30.80.
Suitability: Average Bear.
| TTD's Quality Rating of Stock - HIBB - 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.)
