Ticker Tape Digest

Wednesday - March 20,  2019

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.

Wednesday - March 20, 2019

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today -  6

Quality of Breakouts -  Above Average

Stocks Screened - 12,234

Bull side -   Bulls breakout list has several stocks appealing to aggressive bulls.

Stock market  -  Market averages remain bullish in all time sectors, except for the daily Dow

Comment -  TTD sees the stock market in a basing pattern now. Bulls need to be watchful of any pull back.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Earnings beats for Wednesday -  QADA, WPM, PANL, GIS and WSM.

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

Alteryx Inc. (AYX) - 81, up 3.13 - Breakpoint 79.66

Hits New All-time High, TTD Targets 100 

 AYX, based in Irvine, Ca., provides a subscription based platform for analytics. Annual revenues: $254 million. AYX's stock drives higher Wednesday and breaks out from a 10-week flat base.

  The move carries the stock to a new all-time high. That is bullish.

  So far today, AYX is trading 1.7 million shares. Its average daily volume is 1.3 million shares.

  The stock is best suited for aggressive bulls.

  AYX's stock trended sideways through the morning.

  Then in the afternoon it turned higher and cleared its breakpoint line. It finished near its high for the day. That is bullish.

  Tape Action

  AYX's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $77.87 in the prior session to as high as $81.25.

  A key bullish trade came in the morning when a block of 17,329 shares crossed the tape at $78.04.

  That was up from the prior block at $77.87 on 40,800 shares.

  Near the close a massive block of 70,439 shares (duplicated) crossed the tape at $81.

  That came on an up tick from the prior trade in the sequence at $80.98 on 100 shares.

  Business

  AYX  is a self-service data analytics software firm.

  The company provides a subscription-based platform, enabling firms to prepare, blend and analyze data from a multitude sources.

 The platform allows business analysts to view underlying data, meta-data, and apply analytics at any stage.

The platform is also capable of processing data from cloud applications, such as Google Analytics, Marketo, NetSuite, Salesforce, and Workday.

   Charts

  AYX's 12-month performance chart shows the stock up a sensational 120% versus a 4% gain for the stock market.

  Insider activity is not available.

  AYX's long-term chart shows the stock coming public in 2017 at $17.25. The stock has been working steadily higher with just minor pull backs the past two years.  The stock has made almost a fivefold move. It is one of the top performers the past two years.   

  AYX's daily chart shows the stock climbing from $50 back in December to around $73 by January.

  The stock held well against the stock market decline late last year.

  AYX broke out of its base in February, but then faded back.

  It regrouped and now clears its base with a good pick up in volume.

  AYX's CCI momentum indicator is strongly bullish.

  Earnings Outlook

  This year, analysts are forecasting a profit of 40 cents a share compared with a loss of 2 cents the year before.

  The stock sells with a price-earnings ratio of 202.  That is high.

  Looking out to 2020, the Street predicts a 69% jump in net to 68 cents a share from the anticipated 40 cents this year.

  Eight analysts follow the stock.

  For the upcoming first quarter, the Street expects a loss of 8 cents a share compared with a loss of one cent the year before.

  The company did beat the Street estimate the past four quarters by one cent a share, 13 cents, 2 cents and 6 cents.

  Going out to the second quarter, analysts predict a loss of 6 cents a share compared with a loss of 9 cents the year before.

Strategy Opinion:  TTD is targeting AYX for a move to $100 off this breakout.

A protective stop can be placed near $75

Intermediate-Term Rating:  Average.

Suitability:   Very Aggressive Bulls.

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

Probability - Breakout Success - Very Bullish -   AYX scored some big gains off its recent breakouts. The stock is in a long-term up trend.

Probability - Earnings Response - Very Bullish -  AYX rose 5 times after the past 6 earnings reports when there was a significant change in price.

Probability:  Seasonal Success - Very Bullish. -  AYX averaged a gain of 5.9% in March and a gain of 3.1% 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 - 12

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side - Large list of breakdown stocks. Aggressive bears can be venturesome.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Adient Plc. (ADNT) - 13.05

Net to Drop 58% in Fiscal 2019 (Sept.), TTD Sees Fall to 10.50

  ADNT, based in Dublin, Ireland, produces auto seats, covers and mechanisms. Annual revenues: $16.2 billion. ADNT's stock falls sharply Wednesday and undercuts key technical support.

  So far today, ADNT is trading a heavy 3.2 million shares. Its average daily volume is 1.9 million shares.

  TTD highlighted ADNT as a short at our midsession video show on the Web Wednesday.

  ADNT fell in the morning and undercut key technical support. The stock then dipped to an intraday low of $13.01 in the early afternoon.

  It tried to rally later in the afternoon, but then faded in the final hour.

   Tape Action

  ADNT's tape action shows the recent block trades.

  One can see the price for the blocks falling from $14.37 in the prior session to as low as $13.04 Wednesday.

  A key bearish trade came late on Tuesday when a block of 83,524 shares (duplicated) crossed the tape at $14.14.

  That was down sharply from the prior block at $14.37 on 10,000 shares.

   Business

  ADNT makes seating systems and components for cars, commercial vehicles and light trucks, including vans, pick-up trucks and utility vehicles.

  It also supplies high performance seating systems to the international motorsports industry under its brand RECARO.

 Earnings:

  This fiscal year ending in September analysts are forecasting a 58% drop in net to $2.37 a share from the $5.62 the year before.

  Net for the upcoming fiscal second quarter ending in March is expected to fall 79% to 38 cents a share from the $1.85 the year before.

Charts:  

  ADNT's daily chart shows the stock trending lower and then trying to make a bottom in January. It had a small rally, but in March started to roll over again.

  ADNT's 12-month performance chart shows the stock down 72% versus a 4% gain for the stock market.   

Strategy Opinion: TTD is targeting ADNT for a decline to $10.50 within the next few months or sooner A protective stop buy can be placed near $14.

Suitability:   Aggressive Bears.

  TTD's probability research of Prior Performance:  

Probability - Earnings Response - Bearish.  -  ADNT rose 2 times after the past 9 earnings reports when there was a significant change in price.

Probability:  Seasonal Activity - Bearish. -   ADNT averaged a decline of 9.3% in March but a 2.1% gain in April the past several years.

   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. - 2019

    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 1-480-878-8381 or 480-704-3331

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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.)