Daily - Go to TTD's Chart scroller of Breakout Stocks - Tuesday, April 18, 2017
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Daily - Go to TTD's Chart scroller of Breakout Stocks - Tuesday, April 18, 2017 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 17, 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.
Tuesday - April 18, 2017
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - 7
Quality of Breakouts - Average
Stocks Screened - 12,234
Bull side - Small list of breakout stocks Tuesday. Special situation stocks moving higher. Bulls be patient and selective.
Stock market Major daily averages bearish. However, long-term trend still bullish.
Stock Market Momentum
(Based on 14 unit moving average)
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Market (Daily) |
Market (Weekly) |
Market (Monthly) |
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Dow - Bearish |
Dow - Bullish |
Dow - Bullish, |
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Nasdaq - Bearish |
Nasdaq - Bullish |
Nasdaq - Bullish |
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S&P 500 - Bearish |
S&P 500 - Bullish |
S&P 500 - Bullish |
Ticker Tape Digest's
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TTD's Quality Rating of Stock - CHDN - AVERAGE |
CHDN, based in Louisville, Ky., operates a racing track and gaming casinos. Annual revenues: $1.3 billion. CHD's stock drives higher Tuesday and breaks out from a 22-week, cup-and-handle base. The move carries CHDN to a new all-time high. 
TTD highlighted CHDN as a breakout at our midsession video show on the Web Tuesday.
So far today. CHDN is trading 182,853 shares, four times its average daily volume of 46,000 shares.
News came that AT&T and Mobilitie will increase coverage CHDN handles the well-known Kentucky Derby race for 3-year old horses.
The derby is one of the most attended and watched events of the year. 
CHDN's stock drove higher on the news and cut across its breakpoint line in the morning.
The stock reached a peak of $165.40 in the morning.
The stock then trended sideways the rest of the day.
It did edge to its all-time high of $165.55 near the close when volume picked up.
Tape Action
CHDN's tape action shows the recent block trades.
A big block of 16,175 shares (duplicated) crossed the tape at $159.20.
That was up from the prior block of 2,221 shares at $157 in the prior session.
The stock finished strong.
A block of 1,063 shares crossed at the close at $165.45. That came on a string of blocks that were above a block of $165.22 on 2,200 shares.
Business
CHDN has casino gaming operations with some 9,030 gaming positions in seven states, and is a legal mobile and online platform for betting on horseracing in the U.S.
It operates four racetracks: Churchill Downs Racetrack, Arlington International Race Course, Fair Grounds Race Course and Calder Race Course.
Casinos is a provider of brick-and-mortar real-money casino gaming. TwinSpires operates mobile and online wagering business, which is a platform for betting on horseracing.
Big Fish Games, Inc. is a producer and distributor of social casino, casual and mid-core free-to-play and premium paid games for personal computer, Mac and mobile devices.
Charts
CHDN's 12-month performance chart shows the stock appreciating 13%, the same as the stock market.
Insiders were recent sellers around$140 to $150. They have done just light buying using stock options.
CHDN's long-term chart shows the stock reaching a peak of $57.55 in late 2007, the top in the prior bull market.
The stock fell back to $20.71 in 2009 due to the bear market.
The stock then trended sideways and finally broke out to the upside in late 2011 around $50.
Since then the stock has been working higher. The push to a new high is bullish.
CHDN's daily chart shows the stock breaking out in late March, but then fading back.
The stock regrouped and now breaks out with a gap move and heavy volume. That is bullish.
The CCI momentum indicator (bottom of chart) is strongly bullish.
Earnings Outlook
This year, analysts are forecasting a 19% increase in net to $6.53 a share from $5.50 a year ago.
The stock sells with a price-earnings ratio of 25. TTD sees that as reasonable.
Looking out to 2018, analysts predict a 14% increase in net to $7.42 a share from the anticipated $6.53 this year.
Net for the upcoming first quarter will be very strong. Analysts look for a 215% surge in profits to 50 cents a share from 16 cents a share year ago.
For the second quarter, net should be up a more most 9% at $4.49 a share from $4.11 a year ago. The quarter is a key one for CHLD.
Strategy Opinion: TTD is targeting CHDN for a move to $200 off this breakout. One can average into a position. A protective stop can be placed near $158.
TTD rates CHDN a good intermediate-term play provided earnings meet expectations.
Suitability: Average Bulls.
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Average. CHDN has scored some nice gains off its breakouts. The stock is now emerging from a long-term basing pattern.
Probability - Earnings Response - Above Average. CHDN has moved higher 9 out of the past 12 earnings reports where there was a significant move.
Probability: Seasonal Success - Average. CHDN has moved higher an average of 0.8% in April the past five years. It has risen an average of 1.5% in May.
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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5% |
3/28/2017 | 156.86 | 165.45 | Still in play |
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10% |
8/4/2016 | 135.08 | 149.85 | 9/6/2016 |
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8% |
10/22/2015 | 139.99 | 151.38 | 11/6/2015 |
| 30% | 2/19/2015 | 100.17 | 130.72 | 7/15/2015 |
| 4% | 1/13/2014 | 90.61 | 94.30 | 1/21/2014 |
| 21% | 4/1/2013 | 70.10 | 85.45 | 8/5/2013 |
(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 - MTZ - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - DY - AVERAGE |
| TTD's Quality Rating of Stock - TWX - AVERAGE |
| TTD's Quality Rating of Stock - PM - 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 - 7
Stocks Screened - 12,234
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of shorts as stock market declines Tuesday. Stock market in a consolidation pattern within a long-term up trend. Bears be selective.
TTD's short from Monday was CF industries (CF) at 27.15. It declined to $27.08 Tuesday.
CUDA, based in Campbell, Ca., provides security and data protection solutions for information technology. $320.2 million. CUDA's stock falls sharply Tuesday cutting below key technical support. TTD sees more on the downside. 
The company reported better than expected quarterly earnings. However, some were disappointed by the outlook commentary.
So far today, CUDA is trading a big 7.9 million shares, 19 times its average daily volume of 405,000 shares.
The stock fell steadily in the morning and touched an intraday low of $19.06.
The stock then lifted slightly and trended sideways the rest of the day.
Earnings:
CUDA reported net for the fiscal fourth quarter ending in February of 19 cents a share.
That topped the consensus estimate of 15 cents a share.
However, analysts were disappointed by CUDA's forecast of year net of 73 to 79 cents a share. That is below the 82 cents a share in the prior year. The decline in the forecast was due to investments in cloud products.
Tape Action
CUDA's tape action shows the recent block trades. One can see the price for the blocks falling from $23.41 in the prior session to as low as $19.23.
A key bearish trade came in the morning when a block of 1 million shares crossed the tape at $21.02.
That was down sharply from the prior block at $23.41 on 23,441 shares.
Business
The company offers cloud-enabled solutions that enable customers to address security threats, manage network performance, and protect and store their data. Its solutions are designed to manage information technology operations for its customers.
CUDA's security solutions include Barracuda Email Security, Barracuda Web Security Gateway, Barracuda NextGen Firewalls, Barracuda Web Application Firewall, Barracuda Load Balancer ADC and Barracuda SSL VPN.
Charts:
CUDA's daily chart shows the stock gapping lower on big volume. The stock's CCI momentum indicator (bottom of chart) is strongly bearish.
CUDA's 12-month performance chart shows the stock up 22% the past 12 months versus a 16% gain for the stock market.
Insiders were recent buyers using stock options around $9 last year. Most recently they were sellers around $23 to $24 a share.
Strategy Opinion: TTD is targeting CUDA for a decline to $15.50 within the next few months or sooner. A protective stop buy can be placed near $20.90.
Suitability: Aggressive Bears.
TTD's special probability research of CUDA's Prior Performance:
Probability - Earnings Response - Bearish. Stock rose 5 out of the past 12 earnings reports. Some of its drops off earnings have been steep.
Probability: Seasonal Activity - Bearish. CUDA has declined an average of 4.7% in the past five Aprils. It rose an average of 3% in May.
| TTD's Quality Rating of Stock - CUDA - 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.)
