Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, January 27 |
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 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) |
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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: 1-480-878-8381 or 480-704-3331.
Wednesday - February 19, 2020
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts - 14
Quality of Breakouts - Average.
Stocks Screened - 12,234
Bull side - Large list of breakouts with some good looking breakouts.
Stock market - Major averages remain bullish in all time sectors.
Comment - Stock market holds in up trend and breakouts continue to work well.
See Latest Earnings Reports - A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats - QTWO, H, STMP, AMSF, THRM.
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 |
TTD's Quality Rating of Stock - EVRI - ABOVE AVERAGE |
EVRI, based in Las Vegas, Nev., provides video gaming machines and financial services. Annual revenues: $470 million. EVRI's stock moves higher Wednesday and breaks out from its 12-week flat base.
EVRI traded a heavy 3 million shares, about five times its average daily volume of 668,000 shares.
The stock is now at a 12-year high. That is bullish.
TTD sees potential for more on the upside.
EVRI's stock moved higher in the morning and cleared its breakpoint
The stock reached a peak at $14.40 in the morning and then trended mostly sideways.
In the late afternoon it dipped back to $14.20. However, near the final bell it gapped a bit higher to close near its high for the day.
That was good bullish sign.
Tape Action
EVRI's tape action shows the recent block trades.
One can see the price for the blocks climbing from $13.47 in the prior session to as high as $14.35 in the morning.
A key bullish trade came in the morning when a block of 25,000 shares crossed the tape at $14.35.
That was up from the prior block at $13.68 on 42,100 shares the day before.
Business
EVRI operates through subsidiaries - Everi Games Holding Inc. and Everi Payments Inc.
The company provides video and mechanical reel gaming content and integrated gaming payments solutions.
Its games provides solutions directly to gaming firms to offer patrons gaming entertainment.
Charts
EVRI's 12-month performance chart shows the stock up 85% versus a 22% gain for the stock market.
Insiders were recent buyers using stock options at $7.77 a share. They were sellers $10 to $12.52 a share.
EVRI's long-term chart shows the stock climbing from $3 back in 2011 to a peak at $10.42 by late 2013.
The stock then fell back to $1.13 by 2016. However, since then EVRI has been working higher. It's all-time high is $19.75 set back in 2006.
EVRI's daily chart shows the stock climbing from $8 back in October to a peak near $13.80 by November.
The stock put down a tight flat base.
The breakout looks good coming with a widening of the daily spread and an expansion in volume.
The stock's CCI momentum indicator is solidly bullish.
Earnings Outlook
For 2019, analysts are forecasting a 250% surge in net to 35 cents a share from the 10 cents in 2018.
The stock sells with a price-earnings ratio of 37 based on 2019 net..
Profits for 2020 are projected to leap 65% to 58 cents a share from the anticipated 35 cents for 2019.
Net for the fourth quarter should come in at 8 cents a share compared with a loss of 4 cents in 2018.
For the first quarter of 2020, the Street is calling for a 63% leap in net to 13 cents a share from the 8 cents the prior year.
Strategy Opinion: TTD is targeting EVRI for a move to $18 after a breakout. A protective stop can be placed near $13 after a breakout.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stock's Prior Performance:
Breakout Success |
Bullish |
EVRI scored good gains off recent breakouts. |
Response to Net |
Bullish |
EVRI rose 10 times after 16 earnings reports. |
Seasonal Success |
Bullish |
EVRI avg. gain 8.1% in Feb., 12.6% in March in prior years. |
Earnings Beats |
Bullish |
EVRI beat Street net estimate 10 times after 17 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 |
12% |
5/16/2019 | 10.99 | 12.40 | 7/12/2019 |
8% |
9/13/2018 | 8.80 | 9.48 | 9/14/2018 |
211% |
1/19/2017 | 2.63 | 8.18 | 7/26/2017 |
(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 Price Performance after Reporting Earnings
TTD's Breakout Profile Rating Everi Holdings Inc. (EVRI) |
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 - SEDG - ABOVE AVERAGE |
TTD's Quality Rating of Stock - GFI - ABOVE AVERAGE |
TTD's Quality Rating of Stock - GRMN - AVERAGE |
TTD's Quality Rating of Stock - VMI - 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 for Thursday - 7
Stocks Screened - 12,234
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of shorts but some interesting plays for aggressive bears.
KNL, based in East Greenville, Pa., makes commercial and residential furniture. Annual revenues: $1.3 billion. KNL's stock falls sharply Wednesday and undercuts key technical support.
So far today, KNL is trading a heavy 2.2 million shares, eight times its average daily volume of 257,000 shares.
TTD sees more on the downside. TTD highlighted KNL as a short at our midsession video show on the Web.
KNL reported net for the fourth quarter of 52 cents a share. That was below the 63 cents a share the Street was expecting.
KNL's stock gapped lower in the morning and sliced below key support.
The stock touched an intraday low of $21.43 in the morning.
The stock then lifted slightly and trended mostly sideways the rest of the day.
Tape Action
KNL's tape action shows the recent block trades.
One can see the price for the blocks falling from $25.84 in the prior session to as low as $22.
A key bearish trade came in the morning when a block of 11,048 shares (duplicated) crossed the tape at $22.
That was down sharply from the prior block trade the day before at $25.04 on 15,948 shares.
Business
KNL's products include systems furniture, seating, storage, tables, desks and accessories.
Its coverings segment includes KnollTextiles, Spinneybeck (including Filzfelt), and Edelman Leather.
The firm's KnollStudio products include iconic seating, lounge furniture, cafe and dining chairs, andconference tables.
Earnings:
This year, analysts have been forecasting a 17% increase in net to $2.31 a share from the $1.96 the prior year.
However, that estimate could come down. There are two analysts tracking the stock.
Charts:
KNL's daily chart shows the stock gapping lower and cutting below support with big volume.
The breakdown comes from a classic head-and-shoulder pattern.
KNL's 12-month performance chart shows the stock up 8% versus a 22% gain for the stock market.
Strategy Opinion: TTD is targeting KNL for a decline to $18. A protective stop buy can be placed near $24.20
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
Response to Net |
Bullish |
KNL rose 8 times after 15 earnings reports. |
Seasonal Success |
Bearish |
KNL fell 4.1% in Feb., rose 1.8% in March in prior years. |
Earnings Beats |
Bullish |
KNL beat Street estimate 16 times after 20 reports. |
TTD's Quality Rating of Stock - KNL - BELOW AVERAGE |
Stock's 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 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.”
For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-878-8381.
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.)