Daily - Go to TTD's     Chart scroller of  Breakout Stocks    - Thursday - May 14, 2020

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Thursday - May 14, 2020

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Thursday - May 14, 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

Thursday - May 14, 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.


Thursday - May 14, 2020

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  5

Quality of Breakouts -  Below Average.

Stocks Screened - 12,234

Bull side -  Small list of breakouts. Gold stocks moving higher. Bulls be conservative.

Stock market  -  Nasdaq remains bullish in all time zones. However, the Dow and S&P 500 are bearish.

Comment -  Stock market still very selective. Gold stocks working well.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  ETRN, NEWR, KEM, NVMI and NLOK.

Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bearish

 Dow - Bearish

 Dow - Bearish

  Nasdaq - Bullish

  Nasdaq - Bullish

Nasdaq - Bullish

   S&P 500 - Bearish

  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

DRDGold Ltd. (DRD) - 9.88, up 0.33 - Breakpoint 9.65

Net To Soar 563% for fiscal 2020 (June), TTD Targets 13

      TTD's Quality Rating of Stock - DRD  - ABOVE AVERAGE

  DRD, based in Johannesburg, South Africa, produces gold. Annual revenues: $2.8 billion. DRD's stock breaks out from a 5-week flat base.

  The move carries the stock to a 12-year high. Gold stocks have been strong this year.

  TTD sees more on the upside for DRD.

  TTD highlighted DRD as a breakout at our midsession video show on the Web Thursday.

  So far today, DRD is trading 673,297 shares. Its average daily volume is 590,000 shares.

  DRD's stock moved higher in the morning and broke out.

  However, around midday, the stock slipped back. Then in the afternoon it came on again to finish with a good gain.

   Tape Action

  DRD's tape action shows the recent block trades.

  One can see the price for the blocks climbing from  $9.44 in the prior session to as high as $9.91.

  A key bullish trade came in the morning when a block of 5,979 shares (duplicated) crossed the tape at $9.57.

  That was up from the prior block trade at 9.44 on 3,00 shares in the prior session.

   Business

  DRD produces gold.

The company is focused on the recovery of lower-risk, higher-margin ounces primarily from its metallurgical plant near Johannesburg in Brakpan.

DRD owns Ergo Mining Operations Proprietary Limited.

 The Ergo operation has two metallurgical plants in operation, including Knights plant and The Ergo plant.

The  company also owns the West Rand Tailings Retreatment Project.

  Charts

  DRD's 12-month performance chart shows the stock up a sensational 420% versus a breakeven for the stock market.

  Insider activity was not available.

  DRD's long-term chart shows the stock sliding from $8.59 in 2013 to $1.10 by 2015. However, the stock rallied to $9 in 2016.

  It again pulled back. This time $2 by 2019. Nevertheless it is coming on again and has made a multi-year high.

  DRD's daily chart shows the stock moving higher from $4 back in December to a peak near $7.90 by February.

  It formed a base and broke out in April as gold stocks turned higher.

  The stock based around $9.65.

  The breakout clears resistance with a pick up in volume. Also, other gold stocks moved higher.

  DRD's CCI momentum  indicator is bullish.

  Earnings Outlook

  This fiscal year ending in June, analysts predict a 563% surge in net to 53 cents a share from the 8 cents the prior year.

  The stock sells with a price-earnings ratio of 18.

  There were no quarterly estimates. Only one analyst follows the stock.

  For fiscal 2021 ending in June, the analysts looks for net to be down 26% to 39 cents a share from the anticipated 53 cents this fiscal year.

Strategy Opinion:  TTD is targeting DRD for a move to $13 within the next few months, or sooner.

A protective stop can be placed near  $8.90

Intermediate-Term Rating: Average.

Suitability:   Aggressive Bulls.

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

Breakout Success

Bullish

 DRD scored big gains off recent breakouts.

Seasonal Success

Bullish

  DRD avg. loss 2.8% in May, gain 25% in June prior years.


           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

             29%

   4/13/2020      7.63        9.88    Still in play

             43%

   12/30/2019      5.16        7.42    2/24/2020

             56%

   8/2/2019      3.21        5.01    9/24/2019

           104%

   6/14/2019      2.45        5.01    9/24/2019

(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 - MKC - BELOW AVERAGE

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

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

      TTD's Quality Rating of Stock - ALT - 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  -  8

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Large list of shorts. Bears can be venturesome. Financial stocks are getting hit hard.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

CNA Financial Corp. (CNA) - 26.19

Net to Decline 12% This Year, TTD Sees Drop to 21

  CNA, based in Chicago, provides insurance services. Annual revenues: $10.8 billion. CNA's stock declines Thursday and undercuts key technical support with a pick up in volume.

  So far today, CNA is trading 653,661 shares, double its average daily volume of 291,000 shares.

  TTD sees more on the downside.

  CNA's stock gapped lower in the morning and undercut support. However, the stock rallied to erase its loss.

  The stock, though, trended lower to finish the day in the red.

  Tape Action

  CNA's tape action shows the recent block trades.

  One can see the price for the blocks falling from $26.77 in the prior session to as low as $26 by the afternoon.

  A key bearish trade came in the morning when a block of 2,935 shares (duplicated) crossed the tape at $26.25.

  That was down from the prior block the day before at $26.77 on 36,438 shares.

   Business

  CNA Financial Corporation is an insurance holding company.

 The company provides insurance for commercial, International, Life & Group Non-Core, corporate and special situations.

  Its specialty segment provides coverage for professional, financial, specialty property, and casualty products.

  Earnings:

  This year, analysts are forecasting a 12% decline in net to $3.15 a share from the $3.59 the prior year.

  Net for the second quarter should fall 31% to 74 cents a share from the $1.08 the prior year.

  Then in the third quarter analysts predict a 14% drop in net to $1 a share from the $1.16 the previous year.

Charts:  

  CNA's daily chart shows the stock trending lower from $50 back in February down to $27. The stock tried to form a bottom, but now breaks down with a significant pick up in volume. That is bearish.

  CNA's 12-month performance chart shows the stock down 40% versus a breakeven for the stock market.

Strategy Opinion: TTD  is targeting CNA for a decline to $21. A protective stop buy can be placed near $27.50.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bullish

 CNA rose 8 times after 15 earnings reports.

Seasonal Success

Bearish

 CNA lost 3.9% in May, rose 1% in June in prior years.

Earnings Beats

Bullish

 CNA beat Street estimate 15 times after 20 reports.


   TTD's Quality Rating of Stock  - CNA -  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.)