Daily - Go to TTD's     Chart scroller of  Breakout Stocks    - Tuesday -  March 16, 2021

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Tuesday - March 16, 2021

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Tuesday - March 16, 2021

Go To Prior Days TTD "Reports"

Go to Video Show - "How to Make Money With Breakout Stocks


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Ticker Tape Digest

Tuesday - March 16, 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.

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 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.

Quote or chart

   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 16, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  7

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

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

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

Comment -  Bulls can be venturesome, but must remain alert.

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

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

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

Synaptics Inc. (SYNA) - 140.36, up 3.15 - Breakpoint 138.18

Net To Rise 28% For Fiscal 2021 (June), TTD Targets 165

      TTD's Quality Rating of Stock - SYNA  - ABOVE AVERAGE

  SYNA, based in San Jose, Ca., sells interface solutions for electronic devices. Annual revenues: $1.3 billion. SYNA's stock drives sharply higher Tuesday and breaks out from its five-week, flat base.

  So far today, SYNA is trading 464,564 shares. Its average daily volume is 506,000 shares.

  TTD sees potential for more on the upside.

  In after-hours trading, SYNA was up $4.15 a share.

  SYNA's stock rose in the morning and cleared its breakpoint line.

  The stock worked its way to an intraday high of $142.29 in the afternoon.

  SYNA backed off a little bit later.

 Tape Action

  SYNA's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $136.31 in the morning to as high as $141.17 in the afternoon.

  A key bullish trade came in the morning when a block of 2,860 shares crossed the tape at $140.

  That was up from the prior block at $136.31 on 7,125 shares.

  Near the close a big block of 26,986 shares crossed the tape at $140.36.

  That came on an up tick from the prior trade at $140.30 on 158 shares.

    Business

 SYNA sells intuitive human interface solutions for electronic devices and products.

 The products enable people to interact with a range of mobile computing, communications, entertainment and other electronic devices.

It operates in the market of smartphones, tablets, personal computer products,.

 Its products include ClearPad, ClearView, TouchView, Natural ID, TouchPad, SecurePad, ClickPad and ForcePad. Its other product solutions include dual pointing solutions, TouchStyk, and TouchButtons.

  Charts

  SYNA's 12-month performance chart shows the stock up 152% versus a 55% gain for the stock market.

  Insiders were recent buyers using stock options at $45 to $89 a share.

  They were sellers at $81 to $125 a share.

  SYNA's long-term chart shows the stock declining from around $100 in 2016 down to $25 by 2019.

  However, since then SYNA has roared back surging to $140.

  SYNA's daily chart shows the stock rising from $80 back in December to a peak at $138 by February.

  The stock formed a tight flat base above its rising 50-day moving average line.

 The break out clears the base with a modest pick up in volume.

  The stock's CCI momentum indicator is bullish.

   Earnings Outlook

  This fiscal year ending in June analysts predict a 28% jump in net to $7.63 a share from the $5.96 the prior year.

  The stock has a price-earnings ratio of 18.

  TTD sees that as attractive for value-growth investors.

  Looking out to fiscal 2022 ending in June, the Street predicts a more modest 9% rise in net to $8.32 a share from the anticipated $7.63 for fiscal 2021.

  Quarterly net should show an acceleration in growth.

  Net for the fiscal third quarter should be up 26% to $1.87 a share from the $1.49 the prior year.

  The highest estimate on the Street is at $1.91 a share. TTD sees good chances for an upside earnings surprise.

  The company beat the Street estimate the past four quarters by 14 cents a share, 15 cents, 15 cents and 7 cents.

  Profits for the fiscal fourth quarter ending in June should leap 39% to $1.72 a share from the $1.24 the previous year.

Strategy Opinion:  TTD is targeting SYNA for a move to $165 within the next few months, or sooner.

A protective stop can be placed near $133.

Intermediate-Term Rating: Average.

Suitability:   Average Bulls.

                                 TTD's special research of Stock's Prior Performance:  

Breakout Success

Bullish

SYNA scored big gains off recent breakouts.

Response to Net

Bullish

SYNA rose 8 times after 15 earnings reports.

Seasonal Success

Bullish

SYNA avg. gain 4.2% in March, 3.4% in April prior years.

Earnings Beats

Bullish

SYNA beat Street net estimate 18 times after 20 reports.


           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%

   2/2/2021      108.03        140.36    Still in play

             56%

   12/28/2020        89.64        140.36    Still in play

             23%

   7/21/2020        73.20          89.69    8/6/2020

             77%

   11/1/2019        41.95          74.25    1/22/2020

(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

      TTD's Quality Rating of Stock - SBUX - ABOVE  AVERAGE

      TTD's Quality Rating of Stock - ACLS -  ABOVE  AVERAGE

      TTD's Quality Rating of Stock - DOOO -  ABOVE  AVERAGE

      TTD's Quality Rating of Stock - NXPI - AVERAGE


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  - 3

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

Biohaven Pharmaceutical Holding Co. (BHVN) - 75.83

Loss Seen This Year and Next, TTD Sees Drop to 66

  BHVN, based in New Haven, Ct., is a biotech firm  working on products for neurological problems. Annual revenues: $64 million. BHVN's stock slide below key technical support Tuesday.

  So far today, BHVN is trading 2.2 million shares, four times its average daily volume of 570,000 shares.

  TTD sees potential for more on the downside.

  BHVN's stock gapped lower in the morning undercutting key support.

  The stock drifted lower during the day touching an intraday low of $74.11 in the afternoon.

 It lifted a bit near the close.

 In after-hours trading, BHVN was up 54 cents a share.

 Tape Action

BHVN's tape action shows the recent block trades.

One can see the price for the blocks falling from $81.51 in the prior session to as low as $74.60 in the afternoon.

A key bearish trade came in the morning when a block of 4,700 shares crossed the tape at $76.50.

That was down from the prior block at $81.51 on 32,880 shares.

 Business

 BHVN is a biotech firm developing clinical-stage compounds targeting orphan neurologic indications and other neurological problems.

The company's glutamate platform includes three clinical-stage product candidates being developed to treat various neurological problems.

BHVN also develops bispecific compounds to emulate or enhance the activity of biologics.

Earnings:

  This year, analysts predict a loss of $10.70 a share compared with a loss of $13.06 the prior year.

  Looking out to 2022, they expect a loss of $6.37 a share.

  For the upcoming first quarter, BHVN should show a loss of $2.96 a share against a loss of $2.39 the prior year.

Charts:  

  BHVN's daily chart shows the stock falling below key support with heavy volume. The stock has declined from $100 in November.

  BHVN's 12-month performance chart shows the stock up 170% versus a gain of 60% for the stock market.

Strategy Opinion: TTD  is targeting BHVN for a decline to $66 within the next few months, or sooner. A protective stop buy can be placed near $79.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bullish

 BHVN rose 8 times after 12 earnings reports.

Seasonal Success

Bullish

 BHVN fell avg 10.2% in March, rose 22% in April prior years.

Earnings Beats

Bearish

 BHVN beat Street estimate 5 times after 15 reports.


   TTD's Quality Rating of Stock  - BHVN -  BELOW AVERAGE


   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.”

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   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.)