Ticker Tape Digest

Thursday - March 11, 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 - March 11, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  18

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Large list of breakouts with some good looking plays.

Stock market  -  Major averages are bullish in all time sequences.

Comment -  Dow is strong, but Nasdaq is still recovering from its recent sell off. Aggressive bulls can be venturesome.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  INSE, XPEL, SHYF, HSON and BRT.

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

Regal Beloit Corp. (RBC) - 148.82, up 5.21 - Breakpoint 146.84

Net To Climb 24% This Year, TTD Targets 178

  RBC, based in Beloit, Wisc., makes electric motors and power generation products. Annual revenues: $2.9 billion. RBC's stock drives sharply higher Thursday and breaks out from its 9-week, cup-and-handle base.

  So far today, RBC is trading 1 million shares, triple its average daily volume of $331,000 shares.

  TTD sees more on the upside.

  RBC's stock moved higher in the morning and cleared its breakpoint line.

  The stock touched an intraday high of $152.63 in the morning.

  The stock drifted back but held above its breakpoint.

  RBC lifted a bit and then trended sideways around $149.

  In after-hours trading, RBC was up $2.28 a share.

  That is very bullish.

   Tape Action

  RBC's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $143.61 in the prior session to as high as $152.15.

  A key bullish trade came in the morning when a block of 6,300 shares crossed at $144.82.

  That was up from the prior block the day before at $143.61 on 17,219 shares.

  Near the close a block of 35,402 shares crossed at $148.82.

  That was down from the prior block at $148.90 on 5,809 shares.

 The tape action would indicate some profit taking.

    Business

  RBC  makes  electric motors, electrical motion controls, power generation and power transmission products.

 The company operates through several segments. Its commercial and industrial systems segment makes medium and large electric motors, power generation products, high-performance drives and controls and capacitors.

 Its climate solutions segment produces small motors, controls and air moving products.

 The power transmission solutions segment makes power transmission gearing, hydraulic pump drives, open gearing and specialty mechanical products which control motion and torque.

   Charts

  RBC's 12-month performance chart shows the stock up 105% versus a 30% gain for the stock market.

  Insiders were recent buyers at $57 to $77 a share.

  They were sellers at $96 to $119.

  RBC's long-term chart shows the stock climbing from $51 in 2016 to a peak at $87 by 2017.

  The stock then traded in trading range until it fell to $51 in early 2020. Since then, RBC has surged back and now is at an all-time at $148.82. The stock came public back in 1974.

  RBC's daily chart shows the stock climbing from near $100 to a peak near $146 by January.

  The stock then put down a classic cup-and-handle base.

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

  That is very bullish.

  RBC's CCI momentum indicator is strongly bullish.

   Earnings Outlook

  This year, analysts predict a 24% increase in net to $7.15 a share from  the $5.77 the prior year.

  The stock has a price-earnings ratio of 20.

  Looking out to 2022, the Street predicts a 16% rise in profits to $8.27 a share from the anticipated $7.15 this year.

  Quarterly net will show an acceleration in growth.

  net for the first quarter should climb 27% to $1.67 a share from the $1.31 the prior year.

  The company beat the Street estimate the past four quarters by 21 cents a share, 49 cents, 30 cents and 28 cents.

  Profits for the second quarter should surge 106% - an acceleration in growth. Net should be $1.95 a share versus 95 cents the previous year.

Strategy Opinion:  TTD is targeting RBC for a move to $178 within the next few months, or sooner.

A protective stop can be placed near $140.

Intermediate-Term Rating: Above Average.

Suitability:   Average 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

Axcelis Technologies Inc. (ACLS) - 39.82

Set a Stop Buy at 41.35 to catch the Breakout

Stock heads for a breakout. Net to soar 48% for fiscal 2021 (Jan.)

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  - 4

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Small list of shorts but some interesting plays.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Cloudera Inc. (CLDR) - 12.88

Stock Gaps lower , TTD Sees Drop to 10

  CLDR, based Palo Alto, Ca.,  develops platform for data management, machine learning and advanced analytics. Annual revenues: $794 million. CLDR's stock falls sharply and undercuts key technical support.

  So far today, CLDR is trading 21 million shares, about six times its average daily volume of 4.3 million shares.

  TTD sees more on the downside due to revenues not expected to meet Wall Street expectations.

  CLDR's stock dropped sharply and undercut support from a head-and-shoulder topping pattern.

  The move came with heavy volume.

  In after-hours trading, CLDR was up 21 cents a share.

   Tape Action

  CLDR's tape action shows the recent block trade.

  One can see the price for the blocks falling from $14.73 in the prior session to as low as $12.61 later in the morning.

  A key bearish trade came in the morning when a block of 150,000 shares crossed the tape at $12.80.

  That was down sharply from the prior block at $14.73 on 196,390 shares in the prior session.

  Business

  CLDR develops platforms for data management.

  The company allows enterprises to operate, manage and move workloads across multiple architectures.

 It operates through two operating segments: subscription and services. Its products include Cloudera Enterprise Data Hub, Cloudera Analytic BD, Cloudera Operational DB, Cloudera Data Science & Engineering and Cloud Essentials.

  Earnings:

  This fiscal year ending in January of 2022, the Street predicts a 2% decline in net to 44 cents a share from 45 cents the prior year.

  Net for the fiscal first quarter ending in April should rise to 7 to 9 cents a share. That is below the current Street estimate of 10 cents a share. The results will compare with 5 cents the prior year.

  For fiscal 2022 ending in January the Street is predicting a 2% decline to 44 cents a share from the 46 cents the prior year.

Charts:  

  CLDR's daily chart shows the stock gapping lower with big volume for a head-and-shoulder topping pattern.

  The stocks 12-month performance chart shows the stock up 60% versus a 30% gain for the stock market.

  However, the performance has been coming down in recent months.

Strategy Opinion: TTD  is targeting CLDR for a decline to $10 within the next few months, or sooner. A protective stop buy can be placed near $14.10.

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.)