Daily - Go to TTD's     Chart scroller of  Breakout Stocks    - Tuesday - May 12, 2020

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Tuesday - May 12, 2020

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Tuesday - May 12, 2020

Go To Prior Days TTD "Reports"

 

Go to Video Show - "How to Make Money With Breakout Stocks


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Ticker Tape Digest

Tuesday - May 12, 2020


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)

   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.

Quote or chart

   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 - May 12, 2020

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  3

Quality of Breakouts -  Below Average.

Stocks Screened - 12,234

Bull side -  Small list of breakouts and very selective.

Stock market  -  Market remains bullish daily. However, Dow & S&P remain bearish weekly and monthly.

Comment -  Stock market still consolidating after recent rally. Nasdaq acting the strongest .

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  WHLR, GSL and NOVT.

Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bullish

 Dow - Bearish

 Dow - Bearish

  Nasdaq - Bullish

  Nasdaq - Bullish

Nasdaq - Bullish

   S&P 500 - Bullish

  S&P 500 - Bearish

  S&P 500 - Bearish


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

II VI Inc. (IIVI) - 43.85, up 7.61 - Breakpoint 38.87

Net Tops Estimates, TTD Targets 53

      TTD's Quality Rating of Stock - IIVI  - AVERAGE

  IIVI, based in Saxonburg, Pa., makes laser-related products used in communication networks and selected products. Annual revenues: $1.4 billion. IIVI's stock surges higher Tuesday and breaks out from its 3-month cup-and-handle base.

  The big breakout was triggered by better than expected earnings.

  TTD sees good potential for more on the upside.

  So far today, IIVI is trading a heavy 9.4 million shares, 7 times its average daily volume of 1.3 million shares.

  IIVI reported net for the fiscal third quarter ended March of 47 cents a share. That topped the consensus estimate of 14 cents a share.

  That was a big beat. The stock surged higher in the morning and cleared its breakpoint line.

  IIVI reached an intraday peak at $48.68 in the morning. It then trended sideways and then backed off a bit in the late afternoon.

    Tape Action

  IIVI's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $46.47 in the morning to as high as $47.63.

  A key bullish trade came in the morning when a block of 11,800 shares crossed at $47.63.

  That was up from the prior block at $46.47.

  The prior blocks so a modes decline. However, near the close a massive block of 173,760 shares crossed the tape at $43.85.

  That was up from the prior block at $43.80 on 34,500 shares

  That was very bullish.

  Business

 IIVI makes optoelectronic components. It has three segments: II-VI Laser Solutions, II-VI Photonics and II-VI Performance Products.

The II-VI Laser solutions makes optical and electro-optical components and materials sold under the II-VI Infrared brand name and used in carbon dioxide (CO2) lasers, fiber-delivered beam delivery systems and processing tools.

The II-VI Photonics segment produces crystal materials, optics, microchip lasers and opto-electronic modules for optical communication networks.

The company also makes infrared optical components and high-precision optical assemblies for military, medical and commercial laser imaging applications.

  Charts

  IIVI's 12-month performance chart shows the stock up 27% versus a 3% gain for the stock market.

  Insiders were recent buyers at $16 to $25 a share using stock options.

  They were sellers at $33 to $36 a share.

  IIVI's long-term chart shows the stock trending in a base with upside resistance near $20 from 2012 to 2016.

  The stock broke out and ran up to $53 by January of 2018. The stock then trended lower touching $20 earlier this year.

  However, since then IIVI has moved sharply higher making a 100% gain off its recent low.

  The breakout Tuesday is powerfully coming with strong volume and a gap move.

  The stock is extended but the big earnings beat is the key fundamental that can drive the stock higher.

  IIVI's CCI momentum indicator is strongly bullish.

   Earnings Outlook

  Analysts have been forecasting net for the fiscal year ending in June to be down 45% to $1.40 a share from the $2.54 the prior year.

  Currently, eight analysts follow the stock. The big third quarter beat by 30 cents a share should lift that forecast to at least $1.70 a share. It could be move even higher.

  Looking out to fiscal 2021 ending in June, the Street has been forecasting a 93% leap in net to $2.70 a share from the current estimate of $1.40 a share.

  It would appear that some of these estimates will be adjusted.

  Looking to the fiscal first quarter of 2021, the Street has been projecting 51 cents a share, down 11% from the 57 cents the prior year.

Strategy Opinion:  TTD is targeting IIVI for a move to $53 within the next few months, or sooner.

A protective stop can be placed near $38.

Intermediate-Term Rating: Average.

Suitability:   Aggressive Bulls.

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

Breakout Success

Bullish

  IIVI scored some good gains off recent breakouts.

Response to Net

Bullish

  IIVI rose 7 times after 12 earnings reports.

Seasonal Success

Bullish

  IIVI avg. gain 2% in May, 5.4% in June in prior years.

Earnings Beats

Bullish

  IIVI beat Street net estimate 13 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

             12%

   2/15/2019      38.14        42.86    2/25/2019

             20%

   10/23/2017      43.20        52    11/21/2017

             78%

   9/16/2016      22.23        39.55    2/9/2017

(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 - CSTL - BELOW  AVERAGE

      TTD's Quality Rating of Stock - SDGR  -  BELOW AVERAGE


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  -  11

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Large list of breakouts with some good looking plays for bears.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Aurora Cannabis Inc. (ACB) - 6.56

Loss Seen for fiscal 2020 (June), TTD Sees Drop to 4.50

  ACB, based in Edmonton, produces medical cannabis. Annual revenues: $248 million. ACB's stock falls sharply Tuesday and undercuts key support. The move resumes the stock's down trend.

  The company announced a 12-for-1 reverse stock split.

  So far today, ACB is trading 65.2 million shares, triple its average daily volume of 21 million shares.

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

  The stock worked lower through the day and touched an intraday low of $6.41 in the afternoon. It then trended sideways into the close.

 Tape Action

  ACB's tape action shows the recent block trades.

  One can see the price for the blocks falling from $7.26 in the morning to as low as $6.46 late in the day.

  A key bearish trade came in the morning when a block of 14,900 shares crossed the tape at $7.08.

That was down from the prior block at 113,711 shares on 7.26.

  Business

The company's  Medical Cannabis segment produces medical cannabis in Canada and distributes it via wholesale in the European Union.

 ACB handles the production and sale of indoor cultivation systems and hemp related food products. The company's production capacity is over 625,000 kilograms per year.

 Earnings:

  This fiscal year ending in June analysts are forecasting a loss of $11.24 a share compared with a loss of 22 cents the prior year.

  Looking out to fiscal 2021 ending in June, analysts predict a loss of $1.17 a share.

Charts:  

  ACB's daily chart shows the stock trending lower from $30 earlier this year down to $6. The stock then cuts below support.

  ACB's stock was as high as $150 back 2018.

Strategy Opinion: TTD  is targeting ACB for a decline to $4.50 within the next few months, or sooner. A protective stop buy can be placed near $7.60

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bearish

 ACB fell 4 times after 4 earnings reports.

Seasonal Success

Bearish

 ACB fell 13.6% in May, rose 2.7% in June prior years.

Earnings Beats

Neutral

 ACB beat Street estimate 5 times after 10 reports.


   TTD's Quality Rating of Stock  - ACB  -  BELOW AVERAGE


   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. - 2020

    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.”

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   For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-878-8381.

   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.)