Ticker Tape Digest

Monday - March 15, 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.

Monday - March 15, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  10

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

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

Stock market  -  Major averages bullish in all time sectors.

Comment -  Several good looking breakouts for aggressive bulls.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  WPRT, CPRX and BEKE.

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

Envista Holdings Corp  (NVST) - 41.63, up 0.88 - Breakpoint 41.37

Net To Soar 69% This Year, TTD Targets 50

  NVST, based in Brea, Ca., produces dental products. Annual revenues: $2.3 billion. NVST's stock moves higher Monday and breaks out from its six-week, flat base.

  So far today, NVST is trading a light 767,583 shares. Its average daily volume is 1.3 million shares.

  TTD sees NVST with good potential to move higher.

  NVST's stock pushed higher in the morning and cleared its breakpoint line.

  The stock rose to an intraday high of $41.86 around noon.

  NVST then trended mostly sideways the rest of the day.

  In after-hours trading, NVST was unchanged.   

    Tape Action

  NVST's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $40.75 in the prior session to as high as $41.78 in the afternoon.

  A key bullish trade came in the morning when a block of 6,155 shares crossed the tape at $40.97.

  That was up from the prior block the session before when a massive block of 105,408 shares crossed at $40.75.

  Near the close a big block of 80,402 shares crossed at $41.63.

  That came on a down tick from the prior trade at $41.69 on 100 shares.

   Business

  NVST sells products used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone.

NVST operates two segments: Specialty products & technologies, and equipment & consumables.

The firm sells dental prosthetics and associated treatment software and technologies, as well as orthodontic bracket systems, aligners and lab products.

    Charts

  NVST's 12-month performance chart shows the stock up 145% versus a 60% gain for the stock market.

  Insiders were light buyers this year at $14.50.

  They were sellers at $39 a share.

  NVST's long-term chart shows the stock coming public at $27.93 in October.

  However, the stock fell back to $10 by January. Then NVST turned and surged to $41 earlier this year.

  Now NVST breaks out to a new all-time high.

  NVST's daily chart shows the stock advancing from $24 to a peak near $41.

  It put down a flat base and now breaks out to a new high.

  The stock's CCI momentum indicator is strongly bullish.

  Earnings Outlook

  This year, analysts predict a 69% leap in net to $1.66 a share from the 98 cents the prior year.

  The stock has a price-earnings ratio of 24.

  Looking out to 2022, the Street predicts a 12% rise in net to $1.86 a share from the anticipated $1.66 this year.

  Net for the upcoming first quarter should surge to 31 cents a share from the 3 cents the prior year.

  The highest estimate on the Street is at 34 cents a share.

  The company beat the quarterly estimate the past three quarters by 16 cents a share, 39 cents and 14 cents.

  Going out to the second quarter, analysts predict a profit of 39 cents a share compared with a loss of 10 cents the prior year.

Strategy Opinion:  TTD is targeting NVST for a move to $50 within the next few months, or sooner.

A protective stop can be placed near $38.50.

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  - 1

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Only one short. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Yatsen Holding Ltd. (YSG) - 13.93

Loss Seen This Year and Next, TTD Sees Drop to 11

  YSG, based in China, sells cosmetics and skin products. Annual revenues: $5.2 billion Chinese Yuan. YSG's stock falls sharply Monday and undercuts key technical support with big volume.

  YSG is trading 10.2 million shares, triple its average daily volume of 3.3 million shares.

   TTD sees potential for more on the downside.

  YSG's stock fell in the morning and undercut its key support line.

  The stock continued south and touched an intraday low at $13.81 in the early afternoon.

  The stock then trended mostly sideways the rest of the day unable to mount a significant rally.

  In after-hours trading, the stock was up 20 cents a share.

   Tape Action

  YSG's tape action shows the recent block trades.

  One can see the price for the blocks falling from $15.75 in the morning down to $13.91 in the afternoon.

  A key bearish trade came in the morning when a block of 17,462 shares crossed the tape at $15.

  That was down sharply from the prior block at $15.75 on 24,199 shares.

   Business

 YSG is a China-based holding company selling cosmetics and skincare products.

 The company owns three brands which are Perfect Diary, Little Ondine and Abby’s Choice.

It mainly sells through multiple online channels and the products provided directly to end consumers and third-party platform distributors.

 Earnings:

  This year, analysts predict a loss of 18 cents a share, down from a loss of $1.58 the prior year.

  Looking out to 2022, the Street predicts a loss of one cent a share.

  For the upcoming first quarter, a loss of 2 cents a share is the call by analysts.

Charts:  

  YSG's daily charts shows the stock climbing from $15 in December to a peak at $25.47 by February.

  However, the stock has since been trending lower. The break down comes with volume from a long-term, head-and-shoulder topping pattern.

Strategy Opinion: TTD is targeting YSG for a decline to $11 within the next few months, or sooner. A protective stop buy can be placed near $15.90.

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.)