Ticker Tape Digest

Thursday - February 28, 2019

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'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.

Thursday - February 28, 2019

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today - 10

Quality of Breakouts -  Below Average

Stocks Screened - 12,234

Bull side -  Very selective list of breakouts. Bulls be conservative.

Stock market  -  Market averages remain bullish in all time sectors.

Comment -  TTD sees the market's upside momentum weakening. Bulls be watchful.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Earnings beats for Thursday: CRAI, BCPC, HRI, TCMD, GTN and DAVA.

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

Integer Holdings Corp. (ITGR) - 90.96, up 1.22 - Breakpoint 89.82

Hits New All-time High, TTD Targets 108 

 ITGR, based in Plano, Tex., is a medical device outsource manufacturing firm. Annual revenues: $1.5 billion. ITGR's stock pushes higher Thursday and breaks out from a 17-week, cup-and-handle base.

  The move carries the stock to a new all-time high. That is bullish.

  So far today, ITGR is trading 238,978 shares. Its average daily volume is 152,000 shares.

  TTD sees more on the upside. TTD highlighted the stock as a breakout at our midsession video show on the Web Thursday.

  ITGR's stock cleared its breakpoint line early in the day.

  The stock climbed to an intraday peak at $91.22 in the morning.

  The stock then trended sideways in the afternoon.

  Tape Action

  ITGR's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $89.25 in the prior session to as high as $91.10.

  A key bullish trade came in the morning when a block of 1,018 shares crossed the tape at $90.50.

  That was up from the prior block trade at $89.61 on 621 shares.

  Near the close a massive block of 47,341 shares crossed the tape at $90.96.

  That was up from a big block sequence started at $90.95 on 1,051 shares.

  Business

 ITGR  provides manufacturing services for medical and non-medical products. .

The medical segment includes portable medical, cardio & vascular, and cardiac & neuromodulation products.

Non-Medical segment includes Electrochem products.

 It serves the cardiac, neuromodulation and vascular markets. It also serves the non-medical power solutions market.

  Charts

  ITGR's 12-month performance chart shows the stock up 77% versus a 3% gain for the stock market.

  Insiders were buyers using stock options at $11 to $48 a share. They were sellers at $80 to $89 a share.

  ITGR's long-term chart shows the stock climbing from $20 back in 2012 to a peak at $58 by 2015.

  The stock then went into a sharp down turn dropping to $18 by 2016. However, it has since turned and has rallied big time getting to $90.96.   

  ITGR's daily chart shows the stock forming a cup-and-handle base.

  The breakout clears the base with a modest pick up in volume.

  The stock did move higher a few sessions before when it reported its earnings.

  ITGR's CCI momentum indicator is solidly bullish.

   Earnings Outlook

   This year, analysts are forecasting a 9% increase in net to $4.14 a share from the $3.80 the year before.

   The stock sells with a price-earnings ratio of 21.

   Looking out to 2020, the Street predicts a 16% rise in net to $4.80 a share from the anticipated $4.14 this year.

  Net for the upcoming first quarter should leap 26% to 77 cents a share from the 61 cents the year before.

  The company has beat the Street estimate seven out of the past 10 earnings reports.

Strategy Opinion:  TTD is targeting ITGR for a move to $108 within the next few months, or sooner.

A protective stop can be placed near $87.

Intermediate-Term Rating:  Average.

Suitability:   Average Bulls.

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

Probability - Breakout Success - Bullish -  ITGR scored some solid gains off some of its recent breakouts. The stock is in a long-term up trend.

Probability - Earnings Response - Bullish -  ITGR rose 8 times after the past 9 earnings reports when there was a significant change in price.

Probability:  Seasonal Success - Slightly Bullish. -  ITGR averaged a gain of 6.3% in March but a loss of 5.2% in April the past several years. 

           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 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

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 - 9

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side - Several good looking short plays for aggressive bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Orbcomm Inc. (ORBC) - 7.05

Loss Widens, TTD Sees Drop to 5.40

  ORBC, based in Rochelle Park, N.J. sells network connectivity products, devices, device management and Web reporting applications. Annual revenues: $254 million. ORBC's stock fall sharply Thursday and undercuts key technical support.

  The drop was triggered by a greater-than-expected loss for the quarter.

  TTD sees more on the downside.

  So far today, ORBC is trading a heavy 5.2 million shares, 14 times its average daily volume of 361,000 shares.

  ORBC reported a loss for the fourth quarter of 7 cents a share. The Street was expecting a loss of just 3 cents a share.

 TTD highlighted ORBC as a short at our midsession video show on the Web Thursday.

  The stock gapped lower in the morning undercutting key technical support. It then trended sideways the rest of the day. Near the close it gave up more ground.

  Tape Action

  ORBC's tape action shows the recent block trades.

  One can see the price for the blocks falling from $8 a share down to $6.91.

  A key bearish trade came in the morning when a block of 50,000 shares (duplicated) crossed the tape at $7.54. That was down from the prior block at $8 a share on 31,758 shares.

  Business

  The company's products track, monitor and manage security for trailers, trucks, rail cars and sea containers.

 They also can monitor generators, fluid tanks, marine vessels, diesel or electric powered generators , oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters.

  ORBC also provides automatic Identification System  data services to assist in vessel navigation and to manage maritime safety for government and commercial customers around the world.

 Earnings:

  This year, analysts are forecasting a loss of 2 cents a share against a loss of 28 cents the prior year.

  For the upcoming first quarter, they see a loss of 3 cents a share against a loss of 12 cents the year before.  

Charts:  

  ORBC's daily chart shows the stock trending lower from $11.95 about a year ago. The breakdown Thursday sends it to a 2-year low.

  ORBC's 12-month performance chart shows the stock down 33% versus a 3% gain for the stock market.

Strategy Opinion: TTD is targeting ORBC for a decline to $5.40 within the next few months, or sooner. A protective stop buy can be placed near $7.40.

Suitability:   Aggressive Bears.

  TTD's probability research of Prior Performance:  

Probability - Earnings Response - Very Bearish.  -  ORBC rose 3 times after the past 9 earnings reports when there was a significant change in price.

Probability:  Seasonal Activity - Slightly Bullish.   ORBC stock averaged a gain of 5.6% in March but a decline of 1% in April the past several years.

   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. - 2019

    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 1-480-926-1680.

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  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.)