Ticker Tape Digest

Tuesday - April 27, 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 - April 27, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  22

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Large list of breakouts with some good looking plays.

Stock market  -  Major averages are bullish in all time sectors.

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

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  AAN, CROX, UPS, AUDC and TPB.

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

CROCS Inc. (CROX) - 97.82, up 12.98 - Breakpoint 86.74

Net To Climb 22% This Year, TTD Targets 115

   CROX, based in Niwot, Co., makes casual footwear. Annual revenues: $1.4 billion. CROX's stock moves sharply higher Tuesday and breaks out from  its 12-week flat base.

 So far today, CROX is trading 9.4 million shares, about nine times Its average daily volume of  1.0 million shares.

 The move carries CROX to a new all-time high. that is bullish.

 TTD sees CROX in a good position to move higher.

 In after-hours trading, CROX was up 48 cents a share.

 CROX's stock moved higher in the morning and cleared its breakpoint line.

The stock reached an intraday peak at $101 in the morning.

 The stock then trended sideways drifting a bit lower.

  It held easily above its breakpoint line. .

 Tape Action

CROX's tape action shows the recent block trades.

One can see the price for the blocks climbing from $84.98 in the morning to a peak at $100.81 in the morning.

 A key bullish block came in the morning when a block of 61,988 shares crossed the tape at $94.96.

 That was up sharply from  the prior block at $84.84 on 197,646 shares in the prior session.

 Near the close a big block of 142,965 shares crossed at $97.82.   

Business

 CROX makes casual footwear for men, women, and children.

 The company's segments include Americas, Asia Pacific and Europe. Its products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials.

 Its Croslite material enables the company to produce non-marking, and odor-resistant footwear.

The company sells its products in 90 countries through three distribution channels: wholesale, retail, and e-commerce.

   Charts

 CROX's 12-month performance chart shows the stock up 300% versus a 50% gain for the stock market.

 Insiders were buyers recently at $15 a share using stock options. They were sellers at $37 to $82 a share recently.

 CROX's long-term chart shows the stock climbing from $6 in 2017 to $43 by early 2020 - a big move

 The stock then fell back to $8.40 in early 2020 due in part to the stock market sell off.

 Since then CROX has surged higher to 97.82 and a new all-time high.

  CROX's daily chart shows the stock climbing from $60 back in January to a peak near $86 by March.

 The stock then formed a flat base.

  The breakout is powerful coming with a big gap move and expanding volume.

  CROX's CCI momentum indicator is strongly bullish.

   Earnings Outlook

  This year, analysts forecast a 22% increase in CROX's net to $3.92 a share from  the $3.22 the prior year.

 With the strong quarter, CROX's year net estimates may be boosted by analysts.

  Currently, the highest estimate forecast is at $4.16 a share.

  Looking out to 2022, the Street currently is forecasting an 11% rise in net to $4.36 a share from the current 2021 estimate at $3.92.

  Profits for the upcoming second quarter should be up 11% to $1.12 a share from the $1.01 the prior year.

  The highest estimate for the quarter is at $1.21 a share.

Strategy Opinion:  TTD is targeting CROX for a move to $115 within the next few months, or sooner.

A protective stop can be placed near $86 which is giving it plenty of room.

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

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  - 3

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Small list of shorts. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

PQ Group Holding (PQG) - 14.57

Sees Lower Earnings, TTD Sees Drop to 11.50

 PQG, based in Malvern, Pa., provides specialty catalysts and chemicals. Annual revenues: $1.1 billion. PQG's stock falls sharply Tuesday after the firm  forecasted lower earnings.

 So far today PQG is trading a heavy 1.5 million shares, 14 times its average daily volume of 112,000 shares.

  TTD sees potential for more on the downside.

  PQG's stock fell in the morning and undercut key technical support.

  The stock touched a low of $14.03. It then edged a bit higher later in the day.

  In after hours trading PQG was up 11 cents a share.

   Tape Action

  PQG's tape action shows the recent block trades.

  One can see the price for the blocks falling from $16.70 in the prior session to as low as $14.12.

  A key bearish trade came in the morning when a block of 13,551 shares (duplicated) crossed at $14.88.

  That was down from the prior block the day before at $156.70 on 10,813 shares.

  Business

 PQG is a global provider of specialty catalysts, chemicals and services. The company operates via two business segments: Refining services and catalysts.

The refining services provides sulfuric acid recycling to the North American refining industry for the production of alkylate.

The satalysts that serves the packaging and engineering plastics and the global refining, petrochemical and emissions control industries.  

 Earnings:

  This year, analysts predict a 65% drop in net to 35 cents a share from the $1 a share the prior year.

  For the first quarter, the Street sees a breakeven versus a profit of 16 cents the prior year.  

  Net for the second quarter should fall 77% to 5 cents a share from the 22 cents the previous year.

Charts:  

  PQG's daily chart shows the stock gapping lower with big volume. The move cuts below support.

  PQG's stock has climbed 50% for the past 12-months versus a 45% gain for the stock market.

  The stock has been losing ground the past two months.

Strategy Opinion: TTD  is targeting PQG for a decline to $11.50 within the next few months, or sooner. A protective stop buy can be placed near $17.60

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.)