Ticker Tape Digest

Monday - May 10, 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.

Monday - May 10, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  14

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

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

Stock market  -  Major averages are bullish, except for daily and weekly Nasdaq.

Comment -  Large list of breakouts with some interesting plays for bulls. However, stock market shows a significant divergence with the Nasdaq turning bearish.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  TSQ, BNTX, XPEL, VTRS and SOHVY.

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

J.B. Hunt Transportation  (JBHT) - 180.47, up 2.20 - Breakpoint 178.88

Net To Climb 37% This Year, TTD Targets 210

  JBHT, based in Lowell, Ark., provides trucking services. Annual revenues: $9.6 billion. JBHT's stock drives higher Monday and breaks out from its 5-week, cup-and-handle base.

  So far today, JBHT is trading 576,162 shares. Its average daily volume is 683,000 shares.

  TTD sees more on the upside. TTD highlighted JBHT as a breakout at our midsession video show on the Web Monday.

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

  The stock reached an intraday high of $183.80 in the morning.

  The rest of the day it drifted back, but still held above its breakpoint line.

  In after-hours trading, JBHT was up $1.75.

   Tape Action

  JBHT's tape action shows the recent block trades.

  One can see the price for the blocks rising from $178.27 to as high as $183.61 in the morning.

  A key bullish trade came in the morning when a block of 19,291 shares (duplicated) crossed the tape at $181.64.

  That was up from the prior block the prior session at $178.27 on 10,992 shares.

  Near the close a block of 58,008 shares crossed at $180.47.

  That came on an up tick from  a prior trade at $180.45 on 100 shares.

  Business

 JBHT is a trucking firm in North America.

The company segments include Intermodal, Dedicated Contract Services, Integrated Capacity Solutions  and Truck (JBT).

JBHT services the U.S., Canada and Mexico.

The JBIH segment draws on the intermodal services of rail carriers for the underlying linehaul movement of its equipment between rail ramps.

   Its ICS segment provides traditional freight brokerage and transportation for customers through relationships with third-party carriers and integration. Its JBT segment offers full-load, dry-van freight, utilizing tractors operating over roads and highways.  

   Charts

  JBHT's 12-month performance chart shows the stock up 75% versus a 45% gain for the stock market.

  Insiders were recent sellers at $139 to $176 a share

  They were buyers using stock options at $121 to $172 a share.

  JBHT's long-term chart shows the stock climbing from $70 back in 2015 to a peak at $131 in 2018.

  The stock then went into a long-term base. It broke out last year and has since run up to $183.80, a new all-time high.

  JBHT's daily chart shows the stock advancing $140 back in February to a peak around $170.

  The stock put down a base and now breaks out and clears the base.

  It also makes a new all-time high. That is bullish.

  Trucking stocks are breaking out.

  JBHT's CCI momentum indicator is solidly bullish.

   Earnings Outlook

  This year, analysts predict a 37% jump in net to $6.47 a share from the $4.74 the prior year.

  The stock has a price-earnings ratio of 37.

  Looking out to 2022, the Street projects a 15% rise in net to $7.46 a share from the anticipated $6.47 this year.

  Quarterly earnings growth will show an acceleration. That is bullish.

  Net for the second quarter should climb 39% to $1.58 a share from the $1.14 the prior year.

  The highest estimate is at $1.66 a share. The company beat the consensus estimate the past two quarters by 19 cents a share and 17 cents.

  Profits for the third quarter should leap 49% to $1.76 a share from the $1.18 the previous year.

Strategy Opinion:  TTD is targeting JBHT for a move to $210 within the next few months, or sooner.

A protective stop can be placed near $172.

Intermediate-Term Rating: Average.

Suitability:   Average 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  - 12

Stocks Screened - 12,234

Long-Term Environment for bears: Mixed.

Bear Side -  Large list of shorts with some interesting plays for aggressive bears. Nasdaq now in a down trend.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

SEER Inc.  (SEER) - 32.45

Loss Seen This Year and Next, TTD Sees Drop to 15.50

  SEER, based in Redwood, City, Ca., produces products for medical research. Annual revenues: $656,000. SEER's stock falls sharply Monday and undercuts key technical support.

  So far today, SEER is trading a heavy 913,667 shares. Its average daily volume is 385,000 shares.

  TTD sees potential for more on the downside.

  TTD highlighted the stock at our midsession video show on the Web.

  SEER's decline was triggered when the company reported a loss for the first quarter of 27 cents a share.

  That was more than the Street estimate of a loss of 20 cents a share.

  SEER's stock fell in the morning and undercut support.

  The stock continued lower the rest of the day and closed near its low for the sexxion.

  In after-hours trading, the stock was down 5 cents a share.

  Tape Action

  SEER's tape action shows the recent block trades.

  One can see the price for the blocks falling from $38.08 in the prior session to as low as $32.45 around noon.

   A key bearish trade came in the morning when a block of 5,918 shares (duplicated) crossed the tape at $37.11.

  That was down from the prior block in the previous session at $38.08 on 11,443 shares.

   Business

 SEER's products  enable commercializing products for researchers to unlock biological information.

Its initial product, the Proteograph Product Suite uses its engineered nanoparticle technology to provide access across the proteome.

Its Proteograph Product Suite is an integrated solution that is comprised of consumables, an automation instrument and software.

The company's Proteograph Instrument Control Software (PICS) for the Proteograph is fixed and designed to its specified workflow.

  Earnings:

  This year, analysts predict a loss of 88 cents a share compared with a loss of $2.48 the prior year.

  Looking out to 2022, the Street projects a loss of 97 cents a share.

  For the second quarter, the Street expects a loss of 25 cents a share.

Charts:  

  SEER's daily chart shows the stock cutting below support and extending its down trend. The stock came public late in 2020 and was as high as $86.55.

Strategy Opinion: TTD is targeting SEE for a decline to $27 within the next few months, or sooner. A protective stop buy can be placed near $36.

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.)