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.
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 email@example.com.
For service, email Beverly Owen firstname.lastname@example.org. TTD’s Tel: 1-480-926-1680.
Thursday - March 22, 2018
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - 2
Quality of Breakouts - Below Average.
Stocks Screened - 12,234
Bull side - Only 2 breakouts Thursday as stock market sells off sharply.
Stock market - Bearish. All market averages are bearish both daily and weekly. The long-term market averages remain bullish. Investors be cautious. Market is still vulnerable near-term.
Stock Market Momentum
(Daily is based on a moving average)
Dow - Bearish
Dow - Bearish
Dow - Bullish,
Nasdaq - Bearish
Nasdaq - Bearish
Nasdaq - Bullish
S&P 500 - Bearish
S&P 500 - Bearish
S&P 500 - Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - TRHC - AVERAGE
TRHC, based in Moorestown, N.J., provides patient-specific, data-driven technology and solutions that enable healthcare firms to better serve their patients. TRHC breaks out Thursday from a 9-week flat base. The move carries the stock to a new all-time high.
TTD highlighted TRHC as a breakout out midsession video show on the Web Thursday.
The breakout is impressive coming as the stock market falls sharply the same day.
The key to the breakout is that TRHC was added to the S&P small cap 600 index.
That often brings in buying by index funds.
So, far today, TRHC is trading 1 million shares, triple its average daily volume of 314,000 shares.
TRHC's 10-minute chart shows the stock gapping higher in the morning and clearing its breakpoint line.
The stock reached an intraday high of $41.30.
The stock then faded back to its breakpoint line. However, it lifted a bit and managed to hold above the breakpoint line slightly at the final bell.
TRHC's tape action shows the recent block trades.
One can see the price for the blocks climbing from $38.43 in the prior session to as high as $41 Thursday morning. .
A key bullish block came in the morning when a block of 23,633 shares crossed the tape at $41.
That was up from the prior block at $38.43 on 6,041 shares late on Wednesday.
TRHC products seek to optimize medication regimens to improve patient outcomes, reduce hospitalizations and manage risk.
The company delivers its solutions for medication risk management, which includes bundled prescription fulfillment and adherence packaging services for clients with complex prescriptions.
It also provides risk adjustment services, which help its clients to properly characterize a patient's acuity, or severity of health condition, and optimize the associated payments for care.
TRHC serves around 100 healthcare firms.
TRHC's 12-month performance chart shows the stock appreciating a sensational 200% versus a gain of 15% for the stock market.
TRHC's long-term chart shows the stock coming public in late 2016 at $14.05.
The stock put down a base and then broke out to the upside in mid-2017. Since then TRHC has surged to $39.66 - almost a triple.
TRHC's daily chart shows the stock climbing from $25 back in October to a peak near $39 by mid-February.
The stock formed a flat base and breaks out Thursday with a good pick up in volume.
TRHC's CCI momentum indicator is strongly bullish.
The stock had shown good buying the days before its breakout.
This year, analysts are forecasting an 89% surge in net to 51 cents a share from 27 cents the year before.
The stock sells with a price-earnings ratio of 77. TTD sees that as reasonable given the earnings growth rate.
Looking out to 2019, analysts are predicting a 69% spurt in net to 86 cents a share from the anticipated 51 cents for 2018.
Profits for the first quarter of 2018 are expected to skyrocket 350% to 14 cents a share from 4 cents the year before.
The highest estimate on the Street is at 17 cents a share. So, some are looking for a big quarter.
Then for the second quarter net is projected to jump 100% to 12 cents share from 6 cents the year before.
Strategy Opinion: TTD is targeting TRHC for a move to $48 off this breakout. A protective stop can be placed near $37.
TTD rates TRHC a good intermediate-term play provided it meets earnings projections.
Suitability: Aggressive Bulls.
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Extremely Bullish. TRHC has scored some big gains off its recent breakouts.
Probability - Earnings Response - Bullish. TRHC rose 3 times after the past 4 earnings reports when there was a significant change.
Probability: Seasonal Success - Bullish. TRHC rose an average of 8.9% for March. It was flat for April.
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
|TTD's Breakout Profile Rating
Tabula Rasa Healthcare Inc. (TRHC)
|TTD Check List||Bullish||Bearish||Neutral|
|Near 52-week High||YES|
|Price Trend - Daily||YES|
|Price Trend - Long Term||YES|
|Price Daily Spread||YES|
|Base - A-D||YES|
|Prior Breakout Success||YES|
Charts of Selected Breakout Stocks
TTD's Quality Rating of Stock - LUNA - 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 - 15
Stocks Screened - 12,234
Long-Term Environment for bears: Neutral.
Bear Side - Large list of shorts Thursday as the stock market falls sharply. Bears can be venturesome.
TTD's short from Wednesday was Alder Biopharmaceuticals (ALDR) at $11.55. The stock dropped to $11.35 Thursday.
CSTE, based in Israel, makes engineered quartz. for kitchen countertaps. The company was formerly known as Caesarstone Sdot-Yam Ltd. Annual revenues: $588 million. CSTE's stock falls sharply Thursday and under cuts key technical support.
TTD sees more on the downside.
So far today, CSTE is trading a heavy 681,951 shares, triple its average daily volume of 189,000 shares.
The company also said its CEO resigned.
CSTE's stock fell sharply in the morning and tumbled to an intraday low of $18.55. The stock then had a slight bounce up to around $19 and then trended sideways the rest of the day.
CSTE's tape action show the recent block trades.
One can see the price for the blocks falling from $20.10 in the prior session to as low as $18.57.
A key bearish trade came in the morning when a block of 3,982 shares (duplicated) crossed the tape at $19.75.
That was down from the prior block at $20.10 on 6,365 shares in the prior session.
CSTE makes countertops for residential kitchens.
They are primarily used as kitchen countertops in the renovation, remodeling and residential markets.
They are also used for wall panels, back splashes, floor tiles, stairs, and other interior surfaces.
It sells its products under the Caesarstone brand. Its designs range from fine-grained patterns to coarse-grained color blends with a variegated visual texture.
This year, analysts are forecasting a 6% increase in net to $1.53 a share from the $1.45 the year before.
However, quarterly earnings will be weak.
Net for the upcoming first quarter is expected to fall 47% to 19 cents a share from 36 cents the year before.
Then in the second quarter net is projected to be down 6% to 46 cents a share from the 49 cents the year before.
CSTE's daily chart shows the stock tending lower from close to $30 down to $20. The stock tried to form a bottom. However, Thursday it falls below support with a big pickup in volume.
CSTE's 12-month performance chart shows the stock down 40% versus a 15% gain for the stock market.
Strategy Opinion: TTD is targeting CSTE for a decline to $15 within the next few months, or sooner. A protective stop buy can be placed near $20.20.
Suitability: Aggressive Bears.
TTD's special probability research of Prior Performance:
Probability - Earnings Response - Neutral. CSTE rose 5 times after the past 10 earnings reports when there was a significant change.
Probability: Seasonal Activity - Bearish. CSTE declined an average of 5.3% in March but rose 2.7% in April the past several years.
TTD's Quality Rating of Stock - CSTE - 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 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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(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.)