Ticker Tape Digest

Monday - March 19, 2018

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'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.

Monday - March 19, 2018

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today -  3

Quality of Breakouts -  Small list of breakouts and very selective.

Stocks Screened - 12,234

Bull side -  Small list of breakouts. Bulls be conservative and watchful of all positions.

Stock market  -  Daily averages bearish and weekly except for the Nasdaq. Monthly market averages still holding bullish. The stock market is in long-term basing pattern. Bulls be patient and selective.

Stock Market Momentum

(Daily is based on a moving average)

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Monday

(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 at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  

Today's Featured TTD Breakout Stock

Ryanair Holdings Inc. (RYAAY) - 126.39, up 1.39 - Breakpoint 125.15

Net To Rise 26% for Fiscal 2018 (March), TTD Targets 145 

  RYAAY, based in Dublin, operates a low-fare airline service. Annual revenues: $6.6 billion. RYAAY's stock moves higher Monday and breaks out from a 17-week, cup-and-handle base.

  TTD sees more on the upside.

  So far today, RYAAY is trading 382,485 shares. Its average daily volume is 293,000 shares.

  TTD highlighted RYAAY as a breakout at our midsession video show.

  RYAAY's daily chart shows the stock gapping higher in the morning and clearing its breakpoint line.

  The stock reached an intraday peak of $127.60 in the morning.

  The stock pulled back slightly and then trended sideways the rest of the day holding easily over its breakpoint line.

  RYAAY has a beta of just 0.63 versus 1.00 for the stock market.

 So, the stock tends to be much less volatile than the stock market.

   Tape Action

  RYAAY's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $125 in the prior session to as high as $126.89.

  A key bullish trade came in the morning when a block of 2,048 shares crossed the tape at $126.04.

  That was up from  the prior block trade at $125 on 8,248 shares.

 Business

  RYAAY operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes.

 The flights cover Ireland, the U.K., Europe, Morocco and Israel.

  RYAAY provides services  including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

It also markets accommodation services and travel insurance.

  RYAAY has a  fleet of 350 Boeing 737-800 aircraft and offered over 2,000 scheduled short-haul flights per day serving about 200 airports throughout Europe.

Charts

  RYAAY's 12-month performance chart shows the stock appreciating 50% versus a 16% gain for the stock market.

  No insider activity is available.

  RYAAY's long-term chart shows the stock bottoming in 2011 at $24.48. The stock then moved steadily higher reaching $89.66 in 2016.

  The stock then consolidated and broke out in 2017 and has since surged to a new all-time high $127.60.   

  RYAAY's daily chart shows the stock climbing from $102 in December to a peak near $124 by late December.

  The stock formed a cup-and-handle base which morphed into a flat base.

  The breakout clears resistance with an expansion in volume.

  The stock's CCI momentum indicator (bottom of chart) is strongly bullish.

   Earnings Outlook:

 Analysts are forecasting RYAAY will post a 26% increase in net for the fiscal year ending in March to $7.25 a share from $5.74 the year before.

  The company will report in May.

  Looking out to fiscal 2019 ending in March, the Street is forecasting a more modest 10% rise in net to $7.98 a share from the anticipated $7.25 this fiscal year.

  Net for the upcoming fiscal fourth quarter ending in March, the Street looks for a 12% rise in net to 29 cents a share from 26 cents the year before.

  The company topped the Street estimate in the prior quarter by 2 cents a share.

  Going out to the fiscal first quarter of fiscal 2018 ending in June, analysts expect an 8% rise in net to $1.93 a share from the $1.78 the prior year.  

Strategy Opinion: TTD is targeting RYAAY for a flight to $145. A protective stop can be placed near $122.

Intermediate-Term Rating: Average.

Suitability: Average Bulls.    

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

Probability - Breakout Success - Bullish.  RYAAY has tended some good gains of some recent breakouts.

Probability - Earnings Response - Bullish -  RYAAY rose 6 times after the past 8 earnings reports when there was a significant change.

Probability:  Seasonal Success - Slightly Bullish -  RYAAY rose an average of 3.6% in March but declined an average of 1.7% in April the past several years.

           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 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

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 so far today - 7

Stocks Screened - 12,234

Long-Term Environment for bears: Neutral.

Bear Side - Small list of breakdown stocks. Stock market falls sharply led by the big drop in Facebook. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Mallinckrodt Public Limited Co. (MNK)- 15.20, down 0.89

Net to Decline 17% This Year,  TTD Sees Decline to 12

  MNK, based in the U.K., makes branded and generic drugs. Annual revenues: $3.2 billion. MNK's stock falls sharply Monday and undercuts key technical support. TTD sees more on the downside.   

  So far today, MNK is trading 3.7 million shares. Its average daily volume is 6.1 million shares.

  The company announced the it sold two of its unit to Baxter. They were the Recothrom and Preveleak units. They are surgical sealant producers.

  MNK's stock fell steadily during the day and touched a low in the early afternoon at $15. The stock then lifted a bit near the close.

  Tape Action

  MNK's tape action shows the recent block trades.

  One can see the price for the blocks falling from $16.09 in the prior session to as low as $15.20 near the close.

  A key bearish trade came in the morning when a block of 15,803 shares crossed the tape at $16.06.

  That was down from the prior block trade late on Friday at $16.09 on 48,269 shares.

  Then near the close Monday a massive block of 239,642 shares (duplicated) crossed the tape at $15.20.

  That was down from the prior block at $15.30 on 38,022 shares.

  Business

  MNK works on treatments for autoimmune and rare diseases. They include neurology, rheumatology, nephrology, ophthalmology and pulmonology.

The firm's specialty brands unit produces branded drug products and therapies.

 Its product portfolio includes Acthar, Inomax, Ofirmev, Therakos immunotherapy, Hemostasis products and StrataGraft. 

 Earnings:

  This year, analysts are forecasting a 17% decline in net to $6.22 a share from $7.49 the year before.

  Net for the first quarter is expected to fall 33% to $1.12 a share from  the $1.68 the year before.  

Charts:   

  MNK's daily chart shows the stock gapping lower in November after reporting earnings. The stock fell to around $20 and then trended sideways. In January, it fell to around $15.30, and Monday it cuts below support. The stock is in a clear down trend.

  MNK's 12-month performance chart shows the stock down 65% versus a 16% gain for the stock market.

  Insiders were buyers in November at $20 to $22. They have not done any recent selling.

Strategy Opinion: TTD is targeting MNK for a decline to 12 within the next few months, or sooner. A protective stop buy can be placed near $16.40.

Suitability: Aggressive Bears.

  TTD's special probability research of  Prior Performance:  

Probability - Earnings Response - Extremely Bearish.  MNK rose just one time after the past 4 earnings reports when there was a significant change.

Probability:  Seasonal Activity - Bearish.  MNK declined an average of 5.5% in March but rose an average of 2.2% in April the past several years.

   Stock 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. - 2018

    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.

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 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.)