Daily - Go to TTD's Chart scroller of Breakout Stocks - Friday, March 3, 2017
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Daily - Go to TTD's Chart scroller of Breakout Stocks - Friday, March 3, 2017 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, February 27, 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 - 7
Quality of Breakouts - ABOVE AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list small but has some very good looking plays. Bulls can be venturesome. Stock market holds up trend.
(Put mouse on chart to Nasdaq)
Environment for bulls: Bullish
Stock Market Momentum
Market (Daily) - NYSE Bullish, Nasdaq Bearish
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 - SUPN - ABOVE AVERAGE |
SUPN, based in Rockville, Md. is a drug firm developing products to treat the central nervous system. Annual revenues: $196 million. SUPN, a leader, breaks out Friday from an 11-week flat base. The move carries the stock to a new all-time high. That is bullish. 
TTD highlighted SUPN as a breakout at our midsession video show on the web Friday.
The stock was also featured a few weeks ago as a stock to accumulate in anticipation of a breakout.
So far today, SUPN is trading a heavy 1 million shares, about double its average daily volume of 454,000 shares.
SUPN's stock has a beta of 1.8 versus 1.0 for the stock market. That means it is almost twice as volatile as the stock market.
SUPN's stock rose sharply in the morning clearing its breakpoint line.
The stock then worked to an intraday peak of $29.55 in the early afternoon. It backed off a bit late in the day.
Tape Action
SUPN's tape action shows the recent block trades.
One can see the price for the blocks climbing from $27.19 in the prior session to as high as $29.11 Friday.
A key bullish trade came late on Thursday when a block of 48,866 shares (duplicated crossed the tape at $27.40. 
That was up from a prior block in the trade sequence at $27.19 on 5,000 shares.
Business
SUPN works on products to central nervous system diseases.
The company offers products to treat epilepsy, which include extended-release oxcarbazepine and extended-release topiramate.
It also develops product candidates in psychiatry to treat impulsive aggression and attention deficit hyperactivity disorder.
Its psychiatry product candidates include SPN-810 (molindone hydrochloride) and SPN-812 (viloxazine hydrochloride).
It markets its products in the U.S. through its own sales force and has collaborations with other drug firms.
Charts
SUPN's 12-month performance chart shows the stock appreciating 105% versus a 20% gain for the S&P 500 index.
Insiders did some light selling in early 2016 around $16 to $25 a share. They have not done any buying.
SUPN's long-term chart shows the stock coming public in 2012 at $6.50. The stock later fell back to $5 in 2013.
However, since then the stock has been basically trending higher. The push to a new high is very bullish.
SUPN's daily chart shows the stock forming a flat base with most of the work above a modestly rising 50-day moving average line.
The company reported earnings a few sessions ago.
The stock responded by pushing higher with a pick up in volume and clearing its breakpoint line.
The stock's CCI momentum indicator is strongly bullish.
Earnings
For 2017, analysts are forecasting a 32 increase in SUPN's net to $1.25 a share from 95 cents the year before. Some analysts are looking for as much as $1.51 a share.
The stock sells with a price-earnings ratio of 23. TTD sees that as attractive for value-growth investors.
Going out to 2018, net is expected to surge 45% to $1.81 a share from the anticipated $1.25 this year.
Net for the first quarter is expected to surge 125% to 18 cents a share from 8 cents a year ago.
The highest estimate on the Street is at 24 cents a share.
SUPN topped the consensus estimates seven out of the past eight quarters. The one it did not top it matched.
Going out to second quarter, profits are expected to jump 72% to 31 cents a share from 18 cents the year before.
Strategy Opinion: TTD is targeting SUPN for a move to $35.50 off this breakout.
A protective stop can be placed near 26.
TTD rates SUPN an excellent intermediate-term play.
Suitability: Aggressive Bulls.
TTD's special research of SUPN's Prior Performance after a Breakout:
TTD's research shows that recently (see table) SUPN has scored some solid gains after a breakout. In some cases the gains were significant. (see table)
The stock has moved higher 9 out of the past 11 times after an earnings reports.
The seasonal chart shows May as a big month for the stock.
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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10% |
12/19/2016 | 24.71 | 27.30 | 1/4/2017 |
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13% |
9/15/2016 | 23.54 | 26.68 | 9/28/2016 |
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33% |
6/30/2016 | 20.05 | 26.68 | 9/28/2016 |
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48% |
5/23/2016 |
17.97 |
26.68 |
9/28/2016 |
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11% |
4/1/2016 | 15.95 | 17.81 |
4/22/2016 |
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27% |
3/3/2016 | 13.99 | 17.81 | 4/22/2016 |
(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 -MU - ABOVE AVERAGE |
| TTD's Quality Rating of Stock -TEDU - ABOVE AVERAGE |
| TTD's Quality Rating of Stock -FAST - AVERAGE |
| TTD's Quality Rating of Stock - KFY - 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 - 12
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Large list of shorts Friday. Bears can be venturesome. Stock market still holds up trend.
SYNA, based in San Jose, Ca., makes and sells interface solutions for electronic devices and products. Annual revenues: $1.6 billion. SYNA's stock declines Friday and cuts below key technical support. TTD sees more on the downside. 
So far today, SYNA is trading 1.1 million shares, about double its average daily volume of 565,000 shares.
The stock fell steadily in the morning and into the early afternoon. It touched an intraday low of $49.92.
The stock then lifted slightly and trended sideways into the close.
Tape Action
SYNA's tape action shows the recent block trades.
One can see the price for the blocks falling from $52.78 in the prior session to as low as $50.53 in the early afternoon.
A key bearish trade came in the morning when a block of 4,541 shares (duplicated) crossed at $52.53.
That was down from the prior block trade at $52.78 on 8,200 shares late on Thursday.
Business
SYNA's products are used for mobile computing, communications, entertainment and other electronic devices.
Its products include ClearPad, ClearView, TouchView, Natural ID, TouchPad, SecurePad, ClickPad and ForcePad.
SYNA's other products include dual pointing solutions, TouchStyk, and TouchButtons. Its dual pointing solutions offer TouchPad with a pointing stick in a single notebook computer, enabling users to select their interface of choice.
Earnings
This fiscal year ending in June analysts are forecasting a 6% decline in net to $3.38 a share from $3.62 a year before.
Net for the upcoming fiscal third quarter ending in March is expected to be down 7% to 85 cents a share from 91 cents the year before.
Charts
SYNA's daily chart shows the stock falling from $70 back in October to around $50 by November. The stock tried to form a bottom. However, it is now cutting below key support and picking up volume.
The stock's CCI is solidly bearish.
SYNA's 12-month performance chart shows the stock down 40% versus a 20% gain for the stock market. Insiders have been steady sellers of the stock in recent months.
Strategy Opinion: TTD is targeting SYNA for a decline to $42 within the next few months or sooner. A protective stop buy can be placed near $53.
Suitability: Average Bears.
| TTD's Quality Rating of Stock - SYNA - 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.)
