Ticker Tape Digest

Wednesday- April 11, 2018

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: 1-480-926-1680.

Wednesday - April 11, 2018

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today -  13

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Large list of breakouts with some interesting plays for aggressive bulls.

Stock market  - Bearish. All major averages are bearish in the daily and weekly charts. The Monthly charts remain bullish.

Stock Market Momentum

(Daily is based on a moving average)

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Wednesday

(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 at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  

Today's Featured TTD Breakout Stock

Kirkland Lake Gold Ltd. (KL) - 17.31, up 1.15 - Breakpoint 16.79

Net Tops Estimates, TTD Targets 22

     KL, formerly Newmarket Gold Inc, is a Canadian gold mining and exploration firm. Annual revenues: $747 million. KL's stock breaks out Wednesday from an eight-week flat base. The move carries the stock to a new all-time high.

   So far today, KL is trading a heavy 2.2 million shares, almost triple its average daily volume of 81,200 shares.

  KL's stock rose sharply in the morning and easily cleared its breakpoint line.

  The stock then trended sideways into the late afternoon holding the bulk of its morning gain.

 Then near the close moved a bit higher. The close near the high for the day is a bullish omen for a follow through on Thursday.   

  Tape Action

  KL's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $16.16 in the prior session to as high as $17.35 Wednesday.

  A key bullish trade came in the morning when a block of 8,980 shares crossed the tape at $16.51.

 That was up from the prior block trade at $16.16 on 22,816 shares that crossed late on Tuesday.

  Near the close a massive big block of 46,886 shares (duplicated) crossed the tape at $17.31.

  That actually came on a string of trades that started with an up tick from $17.30 on 100 shares.

Business

  KL has mining assets in Canada and Australia.

 The company's main gold mines are: the Macassa Mine located in northeastern Ontario and the Fosterville Gold Mine located in the State of Victoria, Australia.

 KL also owns the Holt Mine and the Taylor Mine, which are situated along the Porcupine-Destor Fault Zone, in northeastern Ontario, the Cosmo Gold Mine in the Northern Territory, Australia, and the Stawell Gold Mine in Victoria, Australia.

The Company's subsidiaries are: Crocodile Gold Inc and Franc-Or Resources Peru SA, among others.

Charts

  KL's 12-month performance chart shows the stock appreciating 125% vs a 16% gain for the stock market.

  KL's long-term chart shows the stock coming public in 2015 at $1.75 in August of 2015.

  The stock has since been in a solid up trend climbing to an all-time high of $17.40.   

  KL's daily chart shows the stock climbing from near $12 in November to a peak at $16.79 by January.

  The stock pulled back and then rallied to around $16 by late February and then trended in a tight flat bas.

  The breakout Wednesday is impressive coming with a widening of the daily spread and expanding volume.

  The CCI momentum indicator (bottom of chart) is strongly bullish.

  Earnings Outlook

  This year, analysts are forecasting a 54% surge in net to $1.09 a share from the 71 cents the year before.

  The stock has a price-earnings ratio of just 14. TTD sees that very attractive for value investors.

  Looking out to 2019, the Street predicts a 38% leap in net to $1.50 a share from the anticipated $1.09 this year.

  Analysts have recently raised their 2019 forecast.

  There were no quarterly estimates by analysts.

  KL did top the Street estimate for the fourth quarter by 10 cents a share. The Street was forecasting 24 cents a share. KL came in with 34 cents.   

Strategy Opinion:  TTD is targeting KL for a move to $22. A protective stop can be placed near $16.

Intermediate-Term Rating:  Above Average.

Suitability:   Aggressive Bulls.

                                 TTD's special research of  Stock's Prior Performance:  

Probability - Breakout Success -  Bullish.   KL  has scored big gains off some breakouts. The stock is in a long-term up trend.

Probability - Earnings Response -  Extremely Bullish. KL rose 4 times after the past 5 earnings reports when there was a significant change in price.

Probability:  Seasonal Success - Extremely Bullish.  KL has averaged a gain of 31% in April and 3.9% in May.

           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 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

Ticker Tape Digest's

Pre-Market Breakout Watch List

Selections for - Thursday - April 12, 2018

Ticker Tape Digest provides a list of potential breakout stocks from our screen of companies that will show some of the strongest earnings gains. One of the best ways to play these stocks is to study the list and then place a stop buy order to catch the stock on the breakout.

One can take either a full position on the breakout if they are aggressive, or scale-in looking to add to the stake later if they are conservative. TTD's premarket breakout watch list gives you a great opportunity "to be prepared for the next key breakout stock just before it happens." The list will be updated daily and the screen monthly.

TTD's Breakout Watch List Set up on April 2, 2018

Latest prices are April 11, 2018

Stocks with Gain in blue have surpassed their breakpoint and have broken out of their base.

Guide: Symbol=Ticker, Name=Corporate name, Entry is the buy price to enter on the breakout, Last=prior close, Change=change from last close to prior, Date=date of price of close etc, Gain in blue is price above breakpoint (entry), Gain in red is price below breakpoint (entry)., % Gain in blue is % over breakpoint (entry), Gain in red is % below breakpoint (entry)

TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking Trade Setups 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.

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 so far today - 2

Stocks Screened - 12,234

Long-Term Environment for bears:  Neutral

Bear Side - Small list of shorts Wednesday. Stock market sells off on concern about mideast. Bears be alert.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Fastenal Co. (FAST) - 51.05, down 3.37

Net Misses, TTD Sees Decline to 45

  FAST, based in Winona, Min., sells construction supplies. Annual revenues: $4.4 billion. FAST's stock moves sharply lower Wednesday and undercuts key technical support. TTD sees more on the downside.

  So far today, FAST is trading a heavy 12.1 million shares, four times its average daily volume of 2.9 million shares.

  TTD highlighted FAST as a short at our midsession video show on the Web Wednesday.

  FAST reported net for the fiscal first quarter of 61 cents a share. That was below the 62 cents expected by the Street .

  FAST's stock gapped lower in the morning and cut below key technical support. The stock then fell to an intraday low of $49.75.

  The stock then lifted slightly to around $51 and trended sideways through the afternoon.

  Tape Action

  FAST's tape action shows the recent block trades.

  One can see the price for the blocks falling from $54.42 in the prior session to as low as $50.

  A key bearish trade came in the morning when a block of 58,344 shares (duplicated) crossed the tape at $51.60.

  That was down from the prior block at $54.42 on 129,785 shares.

  Business

  FAST sells  fastener and non-fastener mechanical products. It has a network of  2,500 stores.

  Its customers are in the manufacturing and non-residential construction markets.

They are involved in maintenance and repair. The non-residential construction market includes general, electrical, plumbing, sheet metal and road contractors.

 Earnings:

  This year, analysts have been forecasting a 31% increase in net to $2.53 a share from the $1.93 a year ago.

  Then in 2019, net is expected to be up a more modest 9% to $2.75 a share from the anticipated $2.53 this year.   

Charts:   

  FAST's daily chart shows the stock cutting below key support with a big increase in volume.   

Strategy Opinion: TTD is targeting FAST for a decline to $45 within the next few months, or sooner. A protective stop buy can be placed near $53.

Suitability: Average Bears.

  TTD's special probability research of  Prior Performance:  

Probability - Earnings Response - Extremely Bearish.  FAST rose just 1 times after the past 10 earnings reports when there was a significant change.

Probability:  Seasonal Activity - Bearish.  FAST declined an average of 3.5% in April and fell 2.6% in May the past several years.

   Stock 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. - 2018

    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.

   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.)