Ticker Tape Digest

Tuesday - March 30, 2021

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 Swng - 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 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.

Tuesday - March 30, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  4

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Small list of breakouts but some interesting plays.

Stock market  -  Major averages are bullish in all time sectors, except for the daily Nasdaq which is bearish.

Comment -  Stock market showing a significant divergence with the weakness in the Nasdaq. Bulls should be conservative. Moving into April earnings will be coming with Banks to check in first.

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

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

Saia Inc. (SAIA) - 232.16 up 7.88 - Breakpoint 227.89

Net To Spurt 29% This Year, TTD Targets 270

  SAIA, based in Johns Creek, Ga., it a trucking firm . Annual revenues: $1.8 billion. SAIA's stock drives higher Tuesday and breaks out from its 6-week, flat base.

  So far today, SAIA is trading 149,822 shares. Its average daily volume is 203,000 shares.

  TTD sees potential for more on the upside.

  SAIA's stock pushed higher in the morning and cleared its breakpoint line.

  The stock reached a peak at $231.98 around noon.

  SAIA then pulled back slightly, but then came on again strongly in the afternoon to reach a peak at $233.69.

  The stock was unchanged in after-hours trading.

    Tape Action

  SAIA's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $224.28 in the prior session to as high as $232.16 near the close.

  A key bullish trade came late on Monday when a block of 382 shares crossed the tape at $227.09.

  That was up from the prior block the day before at $224.28 on 2,558 shares.

  Near the close Tuesday a big block of 14,487 shares crossed at $232.16.

  That was up from the prior block at $231.09 on 301 shares.

    Business

  SAIA provides regional and interregional less-than-truckload services.

The company also offers non-asset truckload, expedited and logistics services across North America.

SAIA's subsidiary Saia Motor Freight Line, LLC (Saia LTL Freight) is a LTL carrier.

The company serves  34 states in the South, Southwest, Midwest, Pacific Northwest and West and portions of the Northeast.

Charts

  SAIA's 12-month performance chart shows the stock up 205% versus a 50% gain for the stock market.

  SAIA's insiders were recent buyers at $46 to $147 a share using stock options.

  They were sellers at $103 to $213 a share.

  SAIA's long-term chart shows the stock climbing from $41 in 2017 to a peak at $107 in 2019. The stock based and has since surged to $232.

  SAIA's daily chart shows the stock climbing from $150 in November to a peak at $227 by early March.

  The stock formed a flat base with a wedge to the upside.

  The breakout clears the base and reaches a new all-time high.

  SAIA's CCI momentum indicator is solidly bullish.

   Earnings Outlook

  This year, analysts predict a 29% jump in SAIA's earnings for the year. They see $6.73 a share versus $5.20.

  The stock has a price-earnings ratio of 34.

  Looking out to 2022, the Street projects a 16% increase in net to $7.79 a share from the anticipated $6.73 this year.

  Quarterly earnings growth will show an acceleration. That is very bullish.

  Net for the first quarter should leap 35% to $1.43 a share from the $1.06 the prior year

  Profits for the second quarter should spurt 74% to $1.86 a share from the $.07 the year before.

  SAIA beat the Street estimate the past four quarters by 22 cents a share, 28 cents, 18 cents and 26 cents.

Strategy Opinion:  TTD is targeting SAIA for a move to $270 within the next few months, or sooner.

A protective stop can be placed near $220.

Intermediate-Term Rating: Average.

Suitability:   Average 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  - 4

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Small list of shorts and very selective.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Akouos Inc. (AKUS) - 14.59

Loss Seen This Year, TTD Sees Drop to 11.50

  AKUS, based in Boston, is developing medical problems to treat hearing problems. Annual revenues: Nil. AKUS's stock falls sharply Tuesday and undercuts key technical support.

  So far today, AKUS is trading a heavy 534,100 shares, double its average daily volume of 274,000 shares.

  TTD sees potential for more on the downside.

  AKUS stock cut below key support in the morning and touched an intraday low of $13.16.

  The stock then trended sideways,

  Late in the day the stock rallied to cut its loss.

  In after-hours trading, AKUS was down 5 cents a share.

  Tape Action

  AKUS's tape action shows the recent block trades.

  One can see the price for the block falling from $16.84 in the morning to as low as $13.42 in the early afternoon.

  A key bearish trade came in the morning when a block of 5,200 shares crossed at $14.23.

  That was down sharply from the prior block at $16.84 on 15,041 share.

    Business

  AKUS  is developing gene therapies with the potential to restore, improve hearing for people worldwide who live with disabling hearing loss.

 The company has developed a precision genetic medicine platform that incorporates a vector library consisting of variants of a small virus commonly used in gene therapy, known as adeno-associated virus and a delivery approach.

AKUS is focused on executing on its strategic initiatives, which include the advancement of its lead product candidate, AK-OTOF.

  Earnings:

  This year, analysts forecast a loss of $2.03 a share compared with a loss of $2.77 the prior year.

  Going out to 2022, the Street predicts a loss of $2.50 a share.

  For the upcoming first quarter, AKUS should show a loss of 45 cents a share.

Charts:  

  AKUS's daily chart shows the stock trending lower the past several session and now on Tuesday it cuts through support with a pick up in volume.

  The stock was as high as $30.67 in September. It has been trending lower.

Strategy Opinion: TTD is targeting AKUS for a decline to $11.50 within the next few months, or sooner. A protective stop buy can be placed near $15.40.

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. - 2021

    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 1-480-704-3331.

   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.)