Ticker Tape Digest

Wednesday - April 1, 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.

Wednesday - April 1, 2020

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  None

Quality of Breakouts -  None

Stocks Screened - 12,234

Bull side -  Major averages remain bearish in all time zones. Breakout list nil.

Stock market  -  Market had a rally bounce. Now, it needs to stabilize and have a follow through move to the upside.

Comment -  Talk that virus may subside as weather gets warmer is a key. So, bulls need to be alert.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  None.

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. )  

None

No Breakouts - Today TTD Features a Stock Near a Breakout

Regeneron Pharmaceuticals (REGN) - 496.65, up 8.36 - Breakpoint 502.60

Net To Climb 16% This Year, TTD Targets 580

  REGN, based in Tarrytown, N.Y., develops medicines to treat serious medical conditions. It is working on treatment for corona virus. Annual revenues: $7.9 billion. REGN's stock moves higher Wednesday bucking the stock market's sharp decline.

  So far today, REGN is trading 1.7 million shares, the same as its average daily volume.

  There were no breakout stocks Wednesday. So, TTD highlights a stock close to breaking out. That is Regeneron

  REGN has held well against the stock market's recent decline. It moves higher Wednesday. it is in good position to breakout. It needs to get over $502.60.

  REGN's stock fell in the morning to an intraday low of $476.45. However, it turned and worked higher the rest of the day.

  It hit an intraday high of $499.99 and closed near its high for the session.

    Tape Action

  REGN's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $479.29 in the morning to as high as $499 late in the day.

  A key bullish trade came in the morning when a block of 9,322 shares crossed the tape at $487.

  That was up from the prior block trade at $481.37 on 8,390 shares.

  Near the close a block of 81,393 shares crossed at $496.65.

  That came on a down tick from the prior trade at $496.73 on 100 shares.

 Business

  REGN treated a patient with the corona virus using its Kevzara therapy. It is being tested and used for severe cases.

  The results have not been disclosed.

 REGN commercializes medicines for eye diseases, high low-density lipoprotein cholesterol and an inflammatory condition.

 It has product candidates for rheumatoid arthritis, asthma, atopic dermatitis, pain, cancer, and infectious diseases.

   Charts

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

  Insiders were recent buyers using stock options at $30 to $474 a share.

  They were sellers at $489 to $435 a share.

  REGN's long-term chart shows the stock climbing from $90 back in 2012 to a peak at $605 by 2015.

  The stock pulled back and has since been locked in a long-term trading range. It needs to hurdle $545.

  REGN's daily chart shows the stock climbing from $300 back in October to $388.

  It formed a base broke out and ran up to $502, where it has since been basing.

  The stock has held well against the stock market's selloff.

  REGN is in good position to breakout at any time.

  The CCI momentum indicator is strongly bullish.

  Earnings Outlook

 This year, analysts are forecasting a 16% increase in net to $28.57 a share from the $24.67 the prior year.

  Looking out to 2021, they see a more modest 95 rise in net to $30.99 a share from the anticipated $28.57 this year.

 However, profits for the first quarter should be strong. The Street predicts a 38% leap in net to $6.13 a share from the $4.45 the prior year.

  The highest estimate on the Street is at $7.04 a share.

  The company beat the consensus estimate the past three quarters by 60 cents a share, 34 cents and 60 cents.

  Net for the second quarter is projected to be up a modest 3% to $6.21 a share from the $6.02 the previous year.

Strategy Opinion:  TTD suggests accumulation of a partial stake in REGN with further buying to be done on a breakout over  $502.60. TTD is targeting REGN for a move to $580 after a breakout.  

A protective stop can be placed near $485.

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

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 Wednesday - 1

Stocks Screened - 12,234

Long-Term Environment for bears: Favorable.

Bear Side - Small list of shorts even as stock market falls sharply Wednesday. Many shorts are extended to the downside. So, bears be selective.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

World Acceptance Corp. (WRLD) - 50.01

Net to Fall 29% for Fiscal 2020 (March), TTD Sees Drop to 42

  WRLD, based in Greenville, SC, operates a small-loan consumer finance business in 15 states and Mexico. Annual revenues: $545 million. WRLD's stock falls sharply Wednesday and undercuts key technical support.

  So far today, WRLD is trading 117,000 shares. Its average daily volume is 107,000 shares.

  TTD sees more on the downside.

  WRLD's stock cut below key support in the morning and fell to intraday low of $48.96.

  The stock did lift to $52 in the afternoon, but then faded back in the afternoon.

  Tape Action

  WRLD's tape action shows the price for the blocks falling from $54.61 in the prior session to as low as $49.82.

  A key bullish trade came in the morning when a block of 1,142 shares crossed the tape at $53.65.

  That was down from the prior block at $54.61 on 1,423 shares.

  Then near the close a block of 6,839 shares (duplicated) crossed at $50.01.

  That was down from the prior block at $50.14 on 804 shares.

   Business

 WRLD offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products to individuals.

The company offers standardized installment loans generally between $300 and $4,000 through 1,339 branches around the country.

 WRLD serves individuals with limited access to other sources of consumer credit, such as banks, credit unions and consumer finance.  

 Earnings:

  For the fiscal fourth quarter ended March 30, analysts expect a 4% decline in net to $4.04 a share from the $4.22 the priory year.

  Net for the fiscal year ending in March should be down 29% to $5.73 a share from the $8.03 the prior year.

Charts:  

  WRLD's daily chart shows the stock cutting below support. The stock has declined from a peak at $175 last year down to $50.

Strategy Opinion: TTD is targeting WRLD for a decline to $42. A protective stop buy can be placed near $53.

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.

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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.)