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.
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.
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)
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 firstname.lastname@example.org. For service, email Beverly Owen email@example.com. TTD’s Tel: 1-480-926-1680.
Total Buy Breakouts so far today - 17
Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large with some less known stocks. Bulls can be venturesome. Stock market now basing after recent run up.
(Put mouse on chart to Nasdaq)
Environment for bulls: Bullish
Stock Market Momentum
Market (Daily) - NYSE Bearish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - QTNA - ABOVE AVERAGE
QTNA, based in Fremont, Ca., markets and sells wireless communication solutions enabling wireless local area networking. Annual revenues: $129 million. QTNA's stock moves higher Friday and breaks out from an 11-week, cup-and-handle base.
TTD highlighted QTNA as a breakout at our midsession video show on the Web. .
So far QTNA is trading 511,711 shares, double its average daily volume of 207,000 shares.
The stock spiked higher in the morning and cleared its breakpoint line.
The stock reached an intraday high of $25.45 in the early afternoon. The stock then trended sideways the rest of the day until near the close.
Then some selling came in as a big block came in a the close.
QTNA's tape action shows the recent block trades.
One can see the price for the blocks climbing from $23.93 in the morning to as high as $25.36.
A key bullish trade came in the morning when a block of 2,000 shares crossed the tape at $24.05
That was up from the prior block trade at $23.93 on 4,000 shares.
A key bullish trade came late in the day when a massive block of 47,892 shares (duplicated) crossed the tape at $24.62.
That was up from the prior trade with in the sequence of 100 shares at $24.61.
So, the giant block crossed on an up tick.
QTNA systems are designed to deliver wireless fidelity (Wi-Fi) performance to support various connected devices accessing a pool of digital content.
The company combines its wireless systems and software with radio frequency, mixed-signal and digital semiconductor design to provide solutions to its customers.
Its products include QSR10G, QSR2000, QSR1000, QHS710 and MAUI.
QTNA sells its products for home networking including home gateways, repeaters, and set-top boxes.
Its solutions portfolio consists of various generations of its radio frequency chip and its digital baseband chip, which together support Wi-Fi standards.
QNTA's 6-month performance chart shows the stock appreciating 58% versus a gain of 14% for the stock market.
There has not been any reported insider activity.
QTNA's long-term chart shows the stock coming public last year at $16.80. The stock slipped back to $13.75.
However, since then QTNA has bee working steadily higher.
The stock is now at an all-time high. That is bullish showing there is no overhead resistance.
QTNA's daily chart shows the stock forming a cup-and-handle base.
It has a good move in the prior session and then on Friday closes above its resistance line.
The stock's CCI momentum indicator is strongly bullish.
This year, analysts are forecasting a profit of 24 cents a share compared with a loss of 30 cents the year before.
The stock sells with a price-earnings ratio of around 100. That is high but okay given the earnings growth expected.
Looking out to 2018, the Street predicts a 232% jump in net to 79 cents a share from the anticipated 24 cents this year.
Net for the first quarter should be around one cent a share and then in the second quarter 4 cents. There was no year ago comparisons.
Strategy Opinion: TTD is targeting QTNA for a move to $30 off this breakout. A protective stop can be placed near $23.
TTD rates the stock a good intermediate-term play provided earnings remain on course.
Suitability: Aggressive Bulls.
TTD's special research of QTNA's Prior Performance after a Breakout:
TTD's research shows that recently (see table) QTNA has scored some solid gains after breaking out. The stock is a recent IPO. It has surged 71% from its low last November.
The stock has moved higher twice out of the past two earnings reports.
The seasonal chart is still developing. However, the stock has done well so far.
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
(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 - RGEN - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - CTAS - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - MOCO - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - CCMP - 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 - 9
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Several financial stocks breaking down Friday. Bears be selective. Stock market still holds overall up trend.
CAL, based in St. Louis , formerly Brown Shoe Company, , is a global footwear retailer and wholesaler. Annual revenues: $2.6 billion. CAL's stock falls sharply Friday after reporting disappointing earnings. TTD sees more on the downside.
TTD highlighted CAL as a short at our midsession video show on the Web Friday.
So far today, CAL is trading a heavy 2.2 million shares, seven times its average daily volume of 291,000 shares.
The company came in with net for the fiscal fourth quarter ending in January of 33 cents a share. That was below the 38 cents projected by the Street.
The stock fell sharply in the morning touching an intraday low of $27.67.
The stock then lifted to around $28 and trended sideways the rest of the day.
CAL's tape action shows the recent block trades.
On can see the price for the blocks falling from $31.95 in the prior session to as low as $27.47.
A key bearish trade came late on Thursday when a block of 27,105 shares (duplicated) traded at $31.72.
That was down from the prior block trade at $31.95 on 8,500 shares.
The company operates 1,211 shoe stores in the U.S., Canada and Guam.
It sells Nike, Skechers, Converse, Vans, adidas, Sperry, New Balance, Asics, Bearpaw and Sof Sole.
It also offers company-owned and licensed brands, including LifeStride, Dr. Scholl's, Allen Edmonds and Carlos by Carlos Santana.
Through its brand portfolio it designs and markets footwear to retail stores domestically.
This fiscal year ending in January of 2018, analysts are forecasting a 19% increase in net to $2.39 a share from $2 the year before. That estimate could come down.
Profits for the up coming fiscal first quarter ending in April should be up 17% to 48 cents a share from 41 cents the year before.
CAL's daily chart shows the stock gapping lower on big volume Friday. The stock's CCI momentum indicator is strongly bearish.
The stock's 12-month performance chart shows the stock up 15% versus a gain of 18% for the stock market.
In recent months, insiders were buyers using stock options at $3.33 to $21 a share. They were sellers around $34 to $30 a share.
Strategy Opinion: TTD is targeting CAL for a decline to $23.50 within the next few months or sooner. A protective stop buy can be placed near $29.40.
Suitability: Trading Bears.
|TTD's Quality Rating of Stock - CAL - 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.)