Ticker Tape Digest

Friday - March 20, 2020

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: 1-480-878-8381 or 480-704-3331.

Friday - March 20, 2020

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts Friday   -  3

Quality of Breakouts - Below Average.

Stocks Screened - 12,234

Bull side -  Just a few breakouts and plays in the medical field.

Stock market  -  Bearish in all time sectors. Bulls be patient and watchful.

Comment -  Stock market fall on virus worries continues. One needs to be watchful for a bottoming pattern. That would be an up day, a few days of consolidation and then a 1% follow through move to the upside.

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

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

Daxor Corp. (DXR) - 13.63, up 2.98 - Breakpoint 13.17

Net To Climb This Year, TTD Targets 17

  DXR, based in New York, makes medical devices. Annual revenues: $380,000. DXR is a small cap stock that surges higher Friday on hopes for using of its blood analyzer.

  So far today, DXR is trading a heavy 304,946 shares, five times its average daily volume of 58,000 shares.

  TTD sees potential for more on the upside. Obviously, DXR is a very speculative play.

  DXR's stock moved higher in the morning. It cleared its breakpoint line near noon.

  Hoever, the stock fell back slightly. It came on again in the afternon to finish with a good gain.

   Tape Action

  DXR's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $10.30 in the prior session to as high as $15 around noon.

  A key bullish trade came in the morning when a block of 2,325 shares crossed the tapea at $12.50.

  That was up sharply from the prior block at  $10.30 on 2,585 shares on Thursday.   

   Business

DXR has the blood volume analyzer (BVA) -100, an instrument that rapidly and accurately measures human blood volume.

  It has potential for active use in curbing the corona virus.

  The DXR is used in conjunction with Volumex, a single-use radiopharmaceutical diagnostic injection and collection kit.

 The company also owns the Daxor Oak Ridge operations facility in Oak Ridge, Ten.

The semi-automated BVA provides blood volume measurements in human body for diagnosis and treatment in a range of medical and surgical conditions.

 Charts

  DXR's 12-month performance chart shows the stock up 8% versus a decline of 20% for the stock market.

  Insiders were buyers about a year ago at 412 to $13 a share. They have not done any selling.

  DXR's long-term chart shows the stock gapping up to $21 back in 2018. it quickly fell back to $5.

  Then in early 2019 it shot up to $19, but again fell back.

  Now the stock spikes higher again. So, it is a very volatile issue.

  DXR's daily chart shows the stock breaking out from a three-week flat base.

  The move comes with a good expanson in volume.

  Obviously, the stock is one of the volatile medical plays involving the corona virus.

  The stock's CCI momentum indicator is solidly bullish.

   Earnings Outlook

  This year, analysts are forecasting a profit of 15 cents a share. There was no comparision from a year ago.

  There were no quarterly estimates available from analysts.

Strategy Opinion:  TTD is targeting DXR  for a move to $17 within the next few months, or sooner.

A protective stop can be placed near $12.

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 for Thursday - 3

Stocks Screened - 12,234

Long-Term Environment for bears: Favorable.

Bear Side - Small list of shorts even as stock market falls sharply Friday.  Bears be selective.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Albemarle Corp. (ALB) - 53.45

Net to Fall 20% this year, TTD Sees Drop to 45

  ALB, based in Charlotte, N.C., produces specialty chemicals. Annual revenues: $3.6 billion. ALB's stock falls sharply Friday and undercuts key technical support. TTD sees more on the downside.

  So far today, ALB is trading 3 million shares compared with its average daily volume of 2.1 million shares.

  TTD sees more on the downside.

  ALB's stock moved sharply lower Friday and undercut its key support from a head-and-shoulder pattern.

  The move takes the stock down to a three-year low.

  ALB's stock cut below support in the morning and then trended steadily lower through the day without any rally attempt.

  That is very bullish.

  Tape Action

  ALB's tape action shows the recent block trades.

  The blocks declined steadily from $62.68 in the morning to as low as $53.141 late in the day.

  A key bearish trade came in the morning when a block of 19,000 shares crossed the tape at $61.71.

  That was down from the prior block at $62.68 on 103,891 shares (duplicated).

   Business

ALB operates in three areas:  Lithium and Advanced Materials, Bromine Specialties and Refining Solutions.

 The company serves various end markets, including petroleum refining, consumer electronics, energy storage, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety and custom chemistry services.

  It operates 31 facilities. 

 Earnings:

  This year, analysts are forecasting a 20% decline in net to $4.83 a share from the $6.04 the prior year.

  For the first quarter, net should fall 28% to 89 cents a share from the $1.23 the prior year.   

Charts:  

  ALB's daily chart shows the stock peaking at $99.40 in February. Since then, the stock has been in a steady down trend.

  ALB's 12-month performance chart shows the stock down 35% versus a decline of 18% for the stock market.

  Insiders have been steady sellers after executing stock options.  

Strategy Opinion: TTD  is targeting ALB for a decline to $45. A protective stop buy can be placed near $56.

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. - 2020

    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.

   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.)