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 Accumulation Trades.
We also feature stocks under Significant Accumulation that are poised to breakout.
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 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.
Wednesday - April 28, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts - 15
Quality of Breakouts - Above average.
Stocks Screened - 12,234
Bull side - Large list of breakouts. Aggressive bulls can be venturesome.
Stock market - Major average bullish in all time sectors.
Comment - Large list of breakouts with some interesting plays.
See Latest Earnings Reports - A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats - SHOP, MHO, HES, SXC and CHX.
Stock Market Momentum
(Daily is based on a moving average)
Market (Daily) |
Market (Weekly) |
Market (Monthly) |
Dow - Bullish |
Dow - Bullish |
Dow - Bullish |
Nasdaq - Bullish |
Nasdaq - Bullish |
Nasdaq - Bullish |
S&P 500 - Bullish |
S&P 500 - Bullish |
S&P 500 - Bullish |
TTD's Quality Rating of Stock - CASH - ABOVE AVERAGE |
CASH, based in Sioux Falls, SD, is a savings and loan holding company. Annual revenues: $292 million. CASH's stock drives higher Wednesday and breaks out from its seven-week flat base.
So far today, CASH is trading a heavy 558,517 shares, triple its average daily volume of 157,000 shares.
The breakout as triggered by better-than-expected earnings.
TTD sees potential for more on the upside.
CASH came in with net for the first quarter of $1.84 a share. That topped the $1.45 the prior year.
Results topped the consensus estimate of $1.54 a share.
TTD highlighted CASH as a breakout at our midsession video show.
CASH's stock spiked higher in the morning and cleared its breakpoint line.
The stock rached an intraday high of $51.02 around noon.
The stock then backed off slightly in the afternoon.
Tape Action
CASH's tape action shows the recent block trades.
One can see the price for the blocks rising from $46.49 in the prior session to as high as $50.89 around midday.
A key bullish trade came in the morning when a block of 3,191 shares (duplicated) crossed the tape at $40.92.
That was up from the prior block at $46.49 on 88,818 shares in the prior session.
Near the close a big block of 24,781 shares crossing at $50.18. That was up from the prior block at $50 on 3,383 shares.
Business
CASH operates through its banking subsidiary, MetaBank.
Its segments include payments, banking, and corporate services.
CASH is both a community-oriented financial institution offering financial services to meet the needs of the communities it serves and a payments company providing services nationwide.
The company, through its Meta Commercial Finance Division, which includes its state-chartered bank subsidiary, Crestmark Bank, provides business-to-business commercial financing.
Charts
CASH's 12-month performance chart shows the stock up 170% versus a 50% gain for the stock market.
Insiders were sellers at $18.55 to $47 in recent months.
There has not been any buying.
CASH's long-term chart shows the stock climbing from $11 a share to a peak $39.32 by early 2018.
The stock went into a long-term trading range. The stock fell to $13.09 in 2020 due to the stock market sell off.
CASH has since rallied strongly to $50.18.
CASH's daily chart shows the stock climbing from $33 in December to a peak at $48 in March.
The stock put down a tight flat base.
The breakout is strong coming with a widening of its spread and expanding volume.
CASH's CCI momentum indicator is strongly bullish.
Earnings Outlook
This fiscal year ending in September the Street predicts a 55% surge in net to $3.76 a share from the $2.43 the prior year.
The stock has a price-earnings ratio of 13. That makes the stock a good valuation play.
Looking out to September of 2022, the Street projects a 9% rise in net to $4.12 a share from the anticipated $3.76 this year.
Net for the fiscal third quarter ending in June the Street predicts a 58% spurt in net to 84 cents a share from the 53 cents the prior year.
Going out to the fiscal fourth quarter ending in September, the Street predicts a 50% jump in net to 57 cents a share from the 38 cents the previous year.
Strategy Opinion: TTD is targeting CASH for a move to $60 within the next few months, or sooner.
A protective stop can be placed near $47.
Intermediate-Term Rating: Average.
Suitability: Average Bulls.
TTD's special research of Stock's Prior Performance:
Breakout Success |
Bullish |
CASH scored good gains off recent breakouts. |
Response to Net |
Bullish |
CASH rose 9 times after 15 earnings reports. |
Seasonal Success |
Bullish |
CASH avg. gain 0.6% in May, loss 0.5% in June prior years. |
Earnings Beats |
Bullish |
CASH beat Street net estimate 16 times after 20 reports. |
Stock's Prior Performance After A Breakout
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 |
35% |
1/5/2021 | 36.16 | 48.89 | 3/19/2021 |
8% |
1/7/2020 | 36.63 | 39.74 | 2/18/2020 |
24% |
7/31/2019 | 28.80 | 35.73 | 10/21/2019 |
22% |
1/10/2018 | 31.84 | 38.70 | 3/16/2018 |
(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
TTD's Quality Rating of Stock - TKR - ABOVE AVERAGE |
TTD's Quality Rating of Stock - AXP - ABOVE AVERAGE |
TTD's Quality Rating of Stock - RS - ABOVE AVERAGE |
TTD's Quality Rating of Stock - DAVA - ABOVE 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 - 2
Stocks Screened - 12,234
Long-Term Environment for bears:
Bear Side - Small list of short plays. Bears be conservative.
MSC, based in Hong Kong, is an investment holding company with an interest in gaming. Annual revenues: $4.4 billion. MSC's stock falls sharply Wednesday and undercuts key technical support.
So far today, MSC is trading 3,962 shares. Its average daily olume is 1,000 shares.
So the stock is thinly traded.
The large drop Wednesday was due to the company reporting a loss for the first quarter.
TTD sees potential for more on the downside.
MSC's stock moved lower in the morning and continued south through the day.
It closed near its low for the session of $11.52.
MSC was unchanged in after-hours trading.
Tape Action
MSC's tape action shows the recent block trades.
One can see the price for the block sfalling from $12.39 in the morning to as low as $11.52 near the close.
A key bearish trade came in the morning when a block of 263 shares crossed the tape at $12.35.
That was down from the prior trade at $12.39 on 100 shares.
Business
MSC is is an investment holding company engaged in the operation of a cinematically-themed entertainment, retail and gaming resort.
Earnings:
This year, analysts predict a loss of $3.73 a share compared with a loss of $4.10 the prior year.
For the first quarter MSC reported a loss of 21 cents a share compared with a loss of 29 cents the prior year.
Charts:
MSC's daily chart shows the stock cutting below key support. The drop takes the stock to a new all-time low. That is bearish.
Strategy Opinion: TTD is targeting MSC for a decline to $9 within the next few months, or sooner. A protective stop buy can be placed near $12.50.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
Response to Net |
Neutral |
MSC rose 3 times after 6 earnings reports. |
Earnings Beats |
Bullish |
MSC beat Street estimate 2 times after 3 reports. |
TTD's Quality Rating of Stock - MSC - BELOW AVERAGE |
Stock's 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 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.
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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.
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(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.)