Ticker Tape Digest

Friday - May 14, 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.

Friday - May 14, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  9

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

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

Stock market  -  Major averages bullish in all sectors, except from the daily Nasdaq which is bearish.

Comment -  Stock market stages strong rally. The market appears to be now forming a trading range. However, one must remain alert.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  SOHU, DSEY, MMX and MZDAY.

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

RCI Hospitality Holdings Inc. (RICK) - 77.58, up 7.33 - Breakpoint 74.09

Net To Surge 406% for Fiscal 2021 (Sept.), TTD Targets 90

  RICK, based in Houston, operates clubs and sports bars. Annual revenues: $132 million. RICK's stock drives sharply higher Friday and breaks out from its 11-week, flat base.

  The move carries the stock to a new all-time high. That is bullish.

  TTD sees more on the upside.

  So far today, RICK is trading 129,804 shares, almost double its average daily volume of 69,000 shares.

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

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

  The stock reached an intraday high of  $70.79

  The stock then trended mostly sideways the rest of the day.

  RICK was unchanged in after-hours trading.

   Tape Action

  RICK's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $70.25 in the prior session to as high as $77.88 near the close.

  A key bullish trade came in the morning when a block of 700 shares crossed the tape at $71.60.

  That was up sharply from the prior block the day before at $70.25 on 2,755 shares.

  Business

 RICK operates clubs and sports bars/restaurants.

 The company operates two segments Nightclubs and Bombshells.

  It also operates communications company serving the adult nightclubs and the adult retail products industry.

The Company operates  48 establishments that offer entertainment and restaurants.

The Nightclubs segment operates adult entertainment nightclubs through several brands, such as Rick’s Cabaret, Jaguars Club, Tootsie’s Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett’s Cabaret,, Foxy’s Cabaret and several other clubs.

It also operates one dance club 80.

   Charts

  RICK's 12-month performance chart shows the stock up 700% versus 45% for the stock market.

  Insiders were recent buyers at $60 recently. Since then, they have not done any selling.

  RICK 's long-term chart shows the stock climbing from $10.70 in 2016 to a peak at $32 by 2018.

  The stock eventually faded back to $8.88 in 2020. However, since then the stock has surged to $77 - a big gain.

  RICH's daily chart shows the stock advancing from $24 in December to a peak near $74 by March.

  The stock formed a flat base.

  The breakout is strong showing an expansion in volume.

  The stock's CCI momentum indicator is very bullish.

   Earnings Outlook

  This fiscal year ending in September, analysts predict RICK will show a 406% surge in net to $2.58 a share from the 51 cents the prior year.

  The stock has a price-earnings ratio of 30.

  Looking out to fiscal 2022, the Street projects a 35% spurt in net to $3.47 a share from the anticipated $2.58 for fiscal 2021.

  Net for the fiscal third quarter ending in June the Street predicts a profit of 92 cents a share versus a loss of 74 cents the previous year.

  Net for the fourth quarter ending in September is projected to spurt 247% to 52 cents a share from the 15 cents the prior year.

Strategy Opinion: TTD is targeting RICK for a move to $90 within the next few months, or sooner.

A protective stop can be placed near $72.

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 as stock market tries to rally after recent sell off.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Laird Superfood Inc. (LSF) - 31.76

Loss Seen This Year and Next, TTD Sees Drop to 26

  LSF, based in Sisters, Ore., sells plant based foods. Annual revenues: $26 million. LSF's stock falls sharply Friday and undercuts key technical support.

  The decline was triggered by a report of loss for the quarter.

  TTD sees more on the downside.

  TTD highlighted LSF as a short at our midsession video show.

  So far today, LSF is trading 119,563 shares, double its average daily volume of 60,000 shares.

  LSF reported a loss for the first quarter of 60 cents a share compared with a loss of 47 cents a share the prior year.

    Tape Action

  LSF's tape action shows the recent block trades.

  One can see the price for the blocks falling from $34.06 in the prior session to as low as $31 in the afternoon.

  A key bearish trade came in the morning when a block of 1,000 shares crossed at $33.47.

  That was down from the prior block at $34.06 on 1,258 shares in the prior session.

   Business

  LSF makes and sells plant-based foods.

The company's product categories include powdered and liquid coffee creamers, hydration and beverage enhancing supplements, and coffee, tea and hot chocolate products.

LSF's products include superfood creamers, functional mushrooms blends, mushroom coffee, instafuel, coffee beans, hydrate coconut waters, coconut sugar, Keto friendly products and Vegan Products..

The online business consists of Lairdsuperfood.com. The wholesale business addresses the grocery industry, including natural, organic and functional foods and beverages sub-segment.

  Earnings:

  This year, analysts predict a loss of $1.57 a share compared with a loss of $2.61 the prior year.

  Looking out to 2022, the Street predicts a loss of 47 cents a share.

  For the second quarter, analysts predict a loss of 45 cents a share. There were no results available from the prior year.

Charts:  

  LSF's daily chart shows the stock declining from $55 in February down to $33 by March.

  The stock tried to form a bottom, but now breaks down with a pick up in volume.

Strategy Opinion: TTD  is targeting LSF for a decline to $26 within the next few months, or sooner. A protective stop buy can be placed near $34.

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.)