Daily - Bullish Investors - Go To TTD Pre-Market Opening Breakout Watch List - Friday, March 9, 2018 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 5, 2018 |
|
Go to Video Show - "How to Make Money With Breakout Stocks |
---|
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) |
---|
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.
Friday - March 9, 2018
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - 28
Quality of Breakouts - Above average.
Stocks Screened - 12,234
Bull side - Large list of breakouts Friday with several good looking plays. Bulls can be venturesome.
Stock market - Bullish. All major averages are bullish in all time zones. The Nasdaq hits new all-time high.
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 |
Ticker Tape Digest's
TTD's Quality Rating of Stock - ETFC - ABOVE AVERAGE |
ETFC, based in New York, provides brokerage services. Annual revenues: $2.5 billion. ETFC's stock moves higher Friday and breaks out from an 8-week, cup-and-handle base. The move carries the stock to a 10-year high.
ETFC is trading 2.8 million shares. Its average daily volume is 2.8 million shares.
TTD highlighted ETFC as a breakout at our midsession video show on the Web Friday.
Brokerage stocks have been strong and several broke out Friday.
ETFC's 10-minute chart shows the stock breaking out in the morning.
The stock then trended steadily higher the rest of the day.
It closed near its high for the session. That is bullish.
Tape Action
ETFC's tape action shows the recent block trades.
One can see the price for the blocks climbing from $55.17 in the prior session to as high as $57.24 near the close Friday.
A key bullish trade came in the morning when a block of 35,491 shares (duplicated) crossed the tape at $55.55.
That was up from the prior block at $55.17 on 11,890 shares.
Business
ETFC provides online brokerage and related products and services primarily to individual retail investors.
The company also provides investor-focused banking products, primarily sweep deposits, to retail investors.
It provides its services to customers through its digital platforms and network of industry-licensed customer service representatives and financial consultants, over the phone and by e-mail.
Charts
ETFC's 12-month performance chart shows the stock appreciating 63% versus an 18% gain for the stock market.
Insiders were buyers using stock options at $17 and also buying at $43. They were sellers at $39 to $53r.
ETFC's long-term chart shows the stock making a bottom in 2012 at $7.08. The stock has since been trending steadily high having made a sixfold move. It has now made a new multi-year high.
ETFC's daily chart shows the stock climbing from $44 in November to a peak near $55 by January.
The stock pulled back as the stock market declined.
However, ETFC rallied strongly and Friday breaks out of its cup-and-handle base.
ETFC's CCI momentum indicator is strongly bullish.
Earnings Outlook
This year, analysts are forecasting a 49% surge in net to $3.26 a share from the $2.19 the year before.
The stock sells with a price-earnings ratio of 17. TTD sees that as attractive for value-growth investors.
Looking out to 2019, the Street is currently forecasting a modest 13% increase in net to $3.69 a share from the anticipated $3.26 this year.
Net for the next two quarters will be very strong.
For the first quarter, the Street is expecting a 56% jump in net to 75 cents a share from the 48 cents the year before.
The highest estimate on the Street is at 82 cents a share.
TTD sees good chances for an upside earnings surprise. The company topped the consensus estimate the past four quarters by 2 cents a share, 4 cents, 4 cents and 9 cents. .
Net for the second quarter is expected to leap 58% to 82 cents a share from 52 cents the year before.
Strategy Opinion: TTD is targeting ETFC for a move to $68 within the next few months, or sooner. A protective stop can be placed near $53.
TTD rates ETFC an average intermediate-term play.
Suitability: Average Bulls.
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Bullish. ETFC has scored some big gains from prior breakouts.
Probability - Earnings Response - Bullish. ETFC rose 7 times out of the past 11 earnings reports when there was a significant change.
Probability: Seasonal Success - Bullish. ETFC has risen an average of 5.4% in March the past five years. It was flat for April.
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 |
30% |
9/27/2017 | 42.22 | 55.19 | 1/24/2018 |
14% |
6/9/2017 | 36.56 | 41.92 | 7/25/2017 |
6% |
1/5/2017 | 36.12 | 38.27 | 1/27/2017 |
27% | 11/9/2016 | 30.05 | 38.27 | 1/27/2017 |
27% | 2/4/2015 | 24.51 | 31.15 | 6/23/2015 |
76% | 6/20/2013 | 11.91 | 21.02 | 1/17/2014 |
(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
TTD's Breakout Profile Rating E Trade Financial Corp. (ETFC) |
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 - KMG - ABOVE AVERAGE |
TTD's Quality Rating of Stock - IDXX - ABOVE AVERAGE |
TTD's Quality Rating of Stock - ASML - ABOVE AVERAGE |
TTD's Quality Rating of Stock - DXC - ABOVE 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 - 4
Stocks Screened - 12,234
Long-Term Environment for bears: Unfavorable.
Bear Side - Shot list of breakdown stocks Friday as stock market rallies strong. Bears be conservative.
BIG, based in Columbus, Ohio, is a discount retailer selling furniture and home items. Annual revenues: $5.2 billion. BIG's stock falls sharply Friday and undercuts key technical support. The decline came as the company forecast lower than expected earnings for the fiscal first quarter.
So far today, BIG is trading a heavy 12.5 million shares, 11 times its average daily volume.
TTD highlighted BIG as a short at our midsession video show on the Web Friday.
The company came in with net for the fiscal fourth quarter that beat Street estimates and it raised its dividend.
However, the news of a weak fiscal first quarter ending in April sent the stock lower. The Street was expecting a 14% increase in net to $1.31 a share from the $1.15 the year before.
BIG gapped lower in the morning and touched an intraday low of $46.55.
The stock then lifted to around $48 and trended sideways the rest of the day.
Tape Action
BIG's tape action shows the recent block trades.
One can see the price for the block falling from $53.89 in the prior session to as low as $46.81 Friday.
A key bearish trade came in the morning when a block of 49,900 shares crossed the tape at $48.
That was down from the prior block at $53.89 on 64,652 shares late on Thursday.
Business
BIG , a discount retailer, operates 1,432 stores in the U.S. .
The company sells furniture, home furnishings, food, electronics, and toys.
Earnings:
The Street was forecasting a 14% rise in fiscal first quarter net to $1.31 a share from $1.15 the prior year. The lowest estimate on the Street was at $1.17. However, BIG's forecasting would cut below the $1.15.
For the fiscal year ending in January of 2019, analysts have been projecting an 18% rise in net to $5.06. However, that foreast should come down.
Charts:
BIG's daily chart shows the stock gapping blow key technical support with big volume.
BIG's 12-month performance chart shows the stock down 7% versus a gain of 17% for the stock market.
Strategy Opinion: TTD is targeting BIG for a decline to $41 within the next few months, or sooner. A protective stop buy can be placed near $50.
Suitability: Aggressive Bears.
TTD's special probability research of Prior Performance:
Probability - Earnings Response - Neutral. BIG rose 6 times after the past 12 earnings reports when there was a significant change.
Probability: Seasonal Activity - Bullish. BIG rose an average of 4.6% in March and 1% in April the past several years.
TTD's Quality Rating of Stock - BIG - 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 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.
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.)