Ticker Tape Digest

Tuesday - March 2, 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.

Tuesday - March 2, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  5

Quality of Breakouts -  Above Averages.

Stocks Screened - 12,234

Bull side -  Small list of breakouts with some interesting plays for aggressive bulls.

Stock market  -  Major averages are bullish in all time zones, except for the daily Nasdaq which is bearish.

Comment -  Aggressive bulls can be venturesome. Stock market now in a trading range.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  SND, KOPN, KTB, DAR and TGLS.

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

Ternium SA (TX) - 34.42, up 1.93 - Breakpoint 33.94

Net To Surge 122% This Year, TTD Targets 41

  TX, based in Luxembourg, produces steel products sold to steel processors. Annual revenues: $10.2 billion. TX's stock drives higher Tuesday and breaks out from a 9-week, cup-and-handle base.

  So far today, TX is trading 809,303 shares, almost double its average daily volume of 434,000 shares.

  TTD sees potential for more on the upside.

  TX's stock moved steadily higher through the day.

  It cleared its breakpoint line in the afternoon.

  The stock closed near its high for the session. That is bullish.

  In after-hours trading, TX was up 45 cents a share.

  Tape Action

  TX's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $32.48 in the morning to as high as $34.42 by the close.

  A key bullish trade came in the morning when a block of 11,943 shares (duplicated) crossed the tape at $32.90.

  That was up from the prior block at $32.49 on 18,809 shares in the prior session.

  Near the close Tuesday a big block of 38,505 shares crossed at $34.42.

  That was up from the prior block at $34.27 on 3,651 shares.

   Business

  TX produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users.

The company operates through two segments: Steel and mining.

 The steel segment includes the sales of steel products and the Mining segment includes the sales of iron ore products.

 The Steel segment comprises three operating segments: Mexico, the Southern Region and Other Markets.

  In the steel segment, steel products include slabs, billets and round bars (steel in its basic, semi-finished state), hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets and tin plates.

  Charts

  TX's 12-month performance chart shows the stock up 85% versus a 26% gain for the stock market.

  Insiders activity was not available.

  TX's long-term chart shows the stock climbing from $10 in 2016 to a peak at $40.68 in 2018.

  The stock then trended lower down to $9.59 by early 2020 when the stock market fell sharply.

  However, since then TX has been driving sharply higher and is now breaking out of its base.

  TX's daily chart shows TX climbing from around $20 back in November to a peak at $33.94 by January.

  The stock formed a classic cup-and-handle base.

  The breakout is good clearing the base and with a good expansion in volume.

  The stock's CCI momentum indicator is bullish.

  Earnings Outlook

  This year, analysts predict a 122% jump in net to $6.71 a share from the $3.02 the prior year.

  The stock sells with a price-earnings ratio of just 5. That is a great value play.

  Looking out to 2022, the Street expects a 25% decline in net to $5 a share from the anticipated $6.71 expected this year.

  Quarterly net will be strong.

  Net for the first quarter should spurt 129% to $2.06 a share from the 90 cents the prior year.

  The company beat the Street estimate the past four quarters by 96 cents a share, 38 cents, 7 cents and 68 cents.

  Going out to the second quarter the Street predicts a profit of $2 a share versus 10 cents the prior year.

Strategy Opinion:  TTD is targeting TX for a move to $41 within the next few months, or sooner.

A protective stop can be placed near $31.

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.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Strategic Education Inc. (STRA) - 79.71

Earnings Disappoint, TTD Sees Decline to 70

  STRA, based in Herndon, Va., provides education services for secondary and advance training. Annual revenues: $1.03 billion. STRA's stock falls sharply Tuesday after the company disappointed with earnings.

  So far today, STRA is trading 441,22 shares. Its average daily volume is 186,000 shares.

  TTD sees potential for more on the downside.

  STRA reported net for the fourth quarter of $1.39 a share.

  That was below the Street estimate of $1.51 a share. That was the company's first earnings miss in 12 quarters.

  STRA's stock fell in the morning and undercut key support. It dropped to $80.68 in the morning.

  The stock then trended mostly sideways until late in the day. Then the stock rolled over and fell to $79.71 near its low for the session.

  In after-hours trading, the stock was up 29 cents a share.

   Tape Action

  STRA's tape action shows the recent block trades.

  One can see the price for the blocks falling from $86.49 in the prior session to as low as $79.71 by the close.

  A key bearish trade came in the morning when a block of 2,080 shares (duplicated) crossed at $86.40.

  That was down from the prior block at $86.49 on 2,112 shares the day before.

   Business

  STRA provides post-secondary education and other academic programs, through its subsidiaries, Strayer University, New York Code and Design Academy and Capella Education Company (Capella).

 The University also offers an executive Master of Business Administration (MBA) online through its Jack Welch Management Institute. NYCDA provides non-degree courses in Web and application software development, primarily at its campus in New York City. Capella provides post-secondary education and job-skills programs.

  Earnings:

  This year, analysts predict a 10% decline in net to $6.01 a share from the $6.68 the prior year.

  Profits for the first quarter should decline 23% to $1.62 a share from the $2.11 the prior year.

Charts:  

  STRA's daily chart shows the stock in a trading range between $85 to $100. That was set up after the stock had fallen from $187 in June of last year.

  The breakdown below support sends the stock to close to a 3-year low.

  STRA's 12-month performance chart shows the stock down 40% versus a 26% gain for the stock market.

Strategy Opinion: TTD  is targeting STRA for a decline to $70 within the next few months, or sooner. A protective stop buy can be placed near $83.

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.)