Ticker Tape Digest

Thursday - February 25, 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.

   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.

   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.

Thursday - February 25, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  5

Quality of Breakouts -  Average.

Stocks Screened - 12,234

Bull side -  Small list of shorts and very selective. Bulls be conservative.

Stock market  -  The daily Nasdaq and S&P are now bearish. The daily Dow and weekly and monthly averages holding bullish.

Comment -  Big selloff Thursday. Bulls need to be conservative and watchful.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  GIL, OPRA, JNCE, VIPS and FCN.

Stock Market Momentum

(Daily is based on a moving average)

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

Monarch Casino & Resort  (MCRI) - 65.50, up 1.95 - Breakpoint 64.06

Net To Soar 147% This Year, TTD Targets 78

  MCRI, based in Reno, Nev., operates hotel casinos. Annual revenues: $249 million. MCRI's stock drives higher Thursday and breaks out from its 8-week, cup-and-handle base.

  So far today, MCRI is trading 246,226 shares, triple its average daily volume 84,700 shares.

  TTD sees potential for more on the upside.

  TTD highlighted MCRI as a breakout at TTD's midsession video show on the Web.

  MCRI's stock broke out in the morning and reached an intraday high of $67.87 in the morning.

  The stock then trended sideways and gave some ground near the close.

  The stock was down $1.95 in after-hours trading.

   Tape Action

  MCRI's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $62.60 in the morning to as high as $67.87.

  A key bullish trade came in the morning when a block of 1,112 shares crossed the tape at $66.40.

  That was up from the prior block at $62.60 on 1,414 shares.

  Near the close a block of 12,210 shares crossed at $65.50

  That was up from the prior block at $65.23.

  That was very bullish tape action.

    Business

  MCRI operates the Atlantis Casino Resort Spa (the Atlantis), a hotel/casino facility in Reno, Nevada.

  It also owns and operates Monarch Casino Black Hawk.

The Company's segments include Atlantis and Monarch Casino Black Hawk.

  The Atlantis has 824 guest rooms and suites; eight food outlets; two espresso and pastry bars; a 30,000 square foot health spa and salon.

   Charts

  MCRI's 12-month performance chart shows the stock up 30% versus a 24% gain for the stock market.

  Insiders were recent buyers at $12.32 a share.

  They have not done any selling this year.

  MCRI's long-term chart shows the stock climbing from $18.50 back in 2016 to a peak at $57 by early 2020.

  The stock then fell to $12.83 in 2020 due to the stock market's tumble. Since then MCRI has rallied strongly to $65.50.

  MCRI's daily chart shows the stock advancing from $40 back in October to $64.

  The stock put down a double-bottom base.

  It has since rallied strongly and breaks out from its base with a good expansion in volume.

  The stock's CCI momentum indicator is strongly bullish.

   Earnings Outlook

  This year, analysts are forecasting a 147% surge in net to $3.09 a share from the $1.25 the prior year.

  The stock sells with a price-earnings ratio of just 21. That is attractive for value investors.

  Going out to 2022, the Street predicts a 24% increase in net to $3.84 a share from the anticipated $3.09 this year.

  Quarterly net will be strong.

  Net for the first quarter should leap 455% to 61 cents a share from the 11 cents the prior year.

  The highest estimate on the Street is at 78 cents a share.

  The company beat the Street estimate the past three quarters by 23 cents a share, 33 cents and 36 cents.

  Profits for the second quarter should jump to 77 cents a share from the loss of 24 cents the prior year.

Strategy Opinion:  TTD is targeting MCRI for a move to $78 within the next few months, or sooner.

A protective stop can be placed near $60.

Intermediate-Term Rating: Average.

Suitability:   Aggressive Bulls.

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

           Stock's Prior Performance After A Breakout

(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

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. Bears be conservative. Stock market falls. TTD sees potential for more on the downside.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Clarivate Plc. (CLVT) - 23.61

 Revenues Miss, TTD Sees Drop to 19.50

  CLVT, based in London, Pa., formerly Clarivate Analytics Plc, is an information services and analytics company serving the scientific research, intellectual property and life sciences end-markets. Annual revenues: $974 million.

  So far today, CLVT is trading a heavy 9.3 million shares, nine times its average daily volume of 989,000 shares.

  CLVT's stock fell in the morning and undercut key technical support. The drop was linked to the company reporting disappointing revenues for the quarter.

The stock declined to $23.81 by the early afternoon. It then trended mostly sideways.

Then near the close the stock fell to its intraday low of $23.57.

In after-hours trading, CLVT was down 11 cents a share.

 Tape Action

 CLVT's tape action shows the recent block trades.

 One can see the price for the blocks falling from $28.09 in the prior session to as low as $23.61 by the close.

  A key bearish trade came in the morning when a block of 50,000 shares crossed the tape at $25.15.

 That was down sharply from the prior block at $28.09 on 55,533 shares in the prior session.

  Business

 C LVT provides structured information and analytics to facilitate the discovery, protection and commercialization of scientific research, innovations and brands.

 The company offers its structured information and analytical solutions to corporations, government agencies, universities, law firms and other professional services organizations worldwide.

  Earnings:

  For 2021, the Street projects net of 73 to 79 cents a share. The Street consensus has been at 77 cents a share. That would compare with net of 57 cents a share for 2020.

  Net for the first quarter is projected to climb 100% to 14 cents a share from  7 cents the prior year.

Charts:  

  CLVT's daily chart shows the stock gapping lower and undercutting key technical support with big volume.

  The stock closed near its low for the day. That is bearish.

  CLVT's 12-month performance chart shows the stock up 17% versus a 23% gain for the stock market.

Strategy Opinion: TTD is targeting CLVT for a decline to $19.50 within the next few months, or sooner. A protective stop buy can be placed near $24.90.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

   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.”

   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.)