Daily - Go to TTD's Chart scroller of Breakout Stocks - Thursday, March 23, 2017
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Daily - Go to TTD's Chart scroller of Breakout Stocks - Thursday, March 23, 2017 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 20, 2017 |
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Go to Video Show - "How to Make Money With Breakout Stocks |
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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.
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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. Trading Strategies Bullish 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) Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns (See Performance) |
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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.
TTD's Breakout Stocks 
Stock Market Overview
Total Buy Breakouts so far today - 5
Quality of Breakouts - Below Average
Stocks Screened - 8,300
Bull side - Breakout list small and very selective. Stock market shows little change. Market still in consolidating.
Bulls need to be watchful.
Environment: Bearish
Stock Market Momentum
Market (Daily) -
NYSE Bearish
Nasdaq Bearish
Market (Weekly) -
NYSE Bearish
Nasdaq Bearish
Market (Monthly) -
NYSE Bullish,
Nasdaq Bullish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - CWST - ABOVE AVERAGE |
CWST, based in Rutland, Vt., provides solid waste disposal services. Annual revenues: $565 million. CWST's stock moves sharply higher Thursday and breaks out from a 16-week, cup-and-handle base. TTD sees more on the upside. 
So far today, CWST is trading a heavy 940,174 shares, triple its average daily volume of 291,000 shares.
CWST's stock drove higher in the morning and climbed to an intraday peak of $13.83.
It then consolidated intraday.
Finally, later in the session it pushed higher to finish the day near its high for the session. That is bullish. (see 10-minute chart)
Tape Action
CWST's tape action shows the recent block trades.
One can see the price for the blocks climbing from $12.56 in the prior session to as high as $13.88.
A key bullish trade came late on Wednesday when a block of 15,549 shares (duplicated) crossed the tape at $12.83.
That was up from the prior block at $12.69 on 6,370 shares.
Then near the close a big block of 15,514 shares (duplicated) crossed at $13.88.
That was up from the prior block at $12.57 on 9,900 shares. 
Business
CWST provides waste services to residential, commercial, municipal and industrial customers.
The firm collects solid waste and recycled items.
The waste services cover Vermont, New Hampshire, New York, Massachusetts, Maine and Pennsylvania.
It has some 40 transfer stations, 20 recycling facilities, and 10 Subtitle D landfills.
Charts
CWST's 12-month performance chart shows the stock appreciating 104% easily outperforming the stock market that is up 15%.
Insiders were recent light sellers around $12 in recent months. There was some light buying using stock options at $11.
CWST's long-term chart shows the stock peaking at $14.80 back in 2007, the top in the prior bull market.
The stock took a dive down to 53 cents a share in 2009 due to the following bear market.
Afterwards it rallied to around $7 by 2010, trended sideways until 2016 and has since broke out and more than doubled.
CWST's daily chart shows the stock advancing from around $10 back in October to a peak near$13.
It pulled back and formed a cup-and-handle base.
It broke out in March, but then faded.
Thursday, it breaks out with a widening of the spread and expanding volume. That is impressive.
Earnings Outlook
This year, analysts are forecasting a hefty 165% surge in net to 50 cents a share from 19 cents a year ago,
The stock has a price-earnings ratio of 27. TTD sees that as reasonable.
Going out to 2018, the Street is projecting a 14% increase in net to 57 cents a share from the anticipated 50 cents this year.
For the upcoming first quarter, the Street is looking for a loss of 3 cents a share, a contraction from the loss of 19 cents the year before.
Then for the second quarter profits are projected to surge 63% to 21 cents a share from 13 cents the year before.
The highest estimate on the Street is at 27 cents a share. So, some analysts see potential or a big quarter.
Strategy Opinion: TTD is targeting CWST for a move to $18 off this breakout. A protective stop can be placed near 12.50.
TTD rates CWST a good intermediate-term play provided earnings meet expectations.
Suitability: Aggressive Bulls.
TTD's special research of CWST's Prior Performance after a Breakout:
TTD's research shows that recently (see table) CWST has scored some big gains off its breakout. The stock has tripled in price the past two years.
The stock has moved higher 6 out of the past 10 earnings reports where there was significant price movement. .
The seasonal chart shows that March tends to be a good month. The best of course is October.
Stock's Prior Performance After A Breakout
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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 |
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6% |
3/30/2017 | 13.04 | 13.88 | Still in play |
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38% |
9/26/2016 | 9.55 | 13.19 | 12/8/2016 |
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21% |
7/1/2016 | 7.77 | 9.46 | 8/1/2016 |
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7% |
7/31/2015 |
6.07 |
6.50 |
8/17/2015 |
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45% |
2/27/2015 | 4.29 | 6.25 |
4/7/2015 |
(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 - OGS - AVERAGE |
| TTD's Quality Rating of Stock -NORD - AVERAGE |
| TTD's Quality Rating of Stock - SWIR - BELOW AVERAGE |
| TTD's Quality Rating of Stock - CBD - BELOW 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 - 5
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of breakdown stocks Thursday. Stock market is mixed. It is now in a consolidation pattern. Bears be patient and selective.
EGOV, based in Olathe, Kansas, provides digital government services that help countries use technology to provide services to businesses and citizens. Annual revenues: $318 million. EGOV's stock falls Thursday and undercuts key technical support. TTD sees more on the downside. 
TTD highlighted EGOV as a short at our midsession video show on the Web Thursday.
So far today, EGOV is trading 458,779 shares. Its average daily volume is 362,000 shares.
The stock moved steadily lower in the morning getting to $20.45.
EGOV then trended sideways the rest of the day weakening a bit in the final hour.
Tape Action
EGOV's tape action shows the recent block trades.
One can see the price for the blocks falling from $21 in the prior session to as low as $20.45.
A key bearish trade came in the morning when a block of 1,674 shares (duplicated) crossed the tape at $20.95.
That was down from the prior block trade at $21 on 5,273 shares in the prior session.
Business
EGOV offers its services through two channels: primary outsourced portal businesses and software-services.
In the primary outsourced portal businesses, EGOV enters into contracts with state and local governments to design, build, and operate Internet-based, enterprise-wide portals.
The company's outsourced portal businesses include interactive government services , driver history records, and portal software
Earnings
This year, analysts are forecasting a 16% decline in net to 71 cents a share from 84 cents in the prior year.
Net for the upcoming first quarter should be down 2% and in the second quarter off 7%.
Charts
EGOV's daily chart shows the stock gapping lower in early February after reporting earnings. The stock then consolidated. However, Thursday, it cuts below key technical support.
EGOV's 12-month performance chart shows the stock up 22% versus a 15% gain for the stock market. However, the past few months EGOV has given a lot ground.
Insiders have been recent heavy sellers at around $23 to $25.
Strategy Opinion: TTD is targeting EGOV for a decline to $15.50 within the next few months or sooner. A protective stop buy can be placed near $21.80.
Suitability: Aggressive Bears.
| TTD's Quality Rating of Stock - EGOV - 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.)
