Daily - Go to TTD's     Chart scroller of  Breakout Stocks    -  Wednesday  -  May 15, 2019

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Wednesday - May 15, 2019

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Wednesday - May 15, 2019

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, May 13, 2019

 

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


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Ticker Tape Digest

Wednesday - May 15,  2019


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: 1-480-926-1680.


Wednesday - May 15, 2019

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today -  8

Quality of Breakouts -  Average

Stocks Screened - 12,234

Bull side -  A few leading stocks breakout and look good. Bulls be conservative.

Stock market  -  Market averages remain bearish on a daily basis, while the weekly and monthly still hold bullish.

Comment -  TTD sees the market technical pattern as a consolidation after the run up of the past few months.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats for Wednesday - LMB and POLA

Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bearish

 Dow - Bullish

 Dow - Bullish

  Nasdaq - Bearish

  Nasdaq - Bullish

Nasdaq - Bullish

   S&P 500 - Bearish

  S&P 500 - Bullish

  S&P 500 - Bullish


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

Zscaler Inc. (ZS) - 75.02, up 2.97 - Breakpoint 73.09

Net To Surge This Year, TTD Targets 85 

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

 ZS, based in San Jose, Ca., provides cloud-based security.  Annual revenues: $190 million. ZS's stock drives higher Wednesday and breaks out from its 8-week, cup-and-handle base.

  The move carries ZS to a new all-time high. The stock came public in April of last year.

  TTD sees more on the upside.

  So far today, ZS is trading 2.7 million shares. Its average daily volume is 2.1 million shares.

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

  ZS's stock move higher in the morning and cut across its breakpoint line. The stock ran up to a peak at $75.90 in the morning.

  The stock then pulled back to around $75 and then trended sideways the rest of the day holding the bulk of its gain.

   Tape Action

  ZS's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $71.65 in the morning to as high as $75.76 early in the session.

  A key bullish trade came in the morning when a block of 6,500 shares crossed the tape at $74.

  That was up sharply from the prior block at $71.65 on 34,143 shares (duplicated).

  Near the close Wednesday a massive block of 62,624 shares (duplicated) crossed at $75,02.

  That came on a down tick sequence from a trade at $75.08 on 398 shares.

  So, the tape would indicate some profit taking.

   Business

 ZS provides a platform for cloud service designed to deliver real-time insights into security issues.

 The company offers two principal cloud services: Zscaler Internet Access and Zscaler Private Access.

The Company's ZIA securely connects users to externally managed applications, including with software as a service applications and Internet destinations, regardless of device, location or network.

  ZPA offers users secure and access to internally managed applications hosted in enterprise data centers or the public cloud.

 Charts

  ZS's 12-month performance chart shows the stock up a sensational 160% versus a 4% gain for the stock market.

  The stock is a sensational winner.

  Insiders were recent buyers using stock options at $4 to $5 a share. They were sellers at $57 to $72 a share.

  ZS's long-term chart shows the stock coming public in April of last year at $27.90. The stock has been climbing aggressively higher. It hits a new high Wednesday at $75.60.   

  ZS's daily chart shows the stock climbing from around $40 back in January to a peak near $73 by late March.

  The stock then forms a flat base.

  There was a breakout four sessions ago, but the stock faded back.

  Now on Wednesday, ZS clears its base.

  The stock's CCI momentum indicator is solidly bullish.

 Earnings Outlook

  This fiscal year ending in July analysts are forecasting a profit of 12 cents a share versus a loss of 13 cents the year before.

  The stock sells with a price-earnings ratio of 608. That is extremely high. So, the stock is only suitable to very aggressive bulls.

  Looking out to fiscal 2020 ending in July, analysts predict a 36% increase in net to 17 cents a share from the anticipated 12 cents this year.

  Six analysts follow the stock.

  Net for the fiscal third quarter ending in March is expected to be 6 cents a share against a loss of 2 cents the year before.

  For the fiscal fourth quarter ending in July, the Street predicts a profit of one cent a share against a loss of one cent the year before.

Strategy Opinion:  TTD is targeting ZS for a move to $85 within the next few months, or sooner.

A protective stop can be placed near $71.

Intermediate-Term Rating:  Average.

Suitability:   Extremely Aggressive Bulls.

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

Probability - Breakout Success - Bullish -   ZS  scored some massive gains off some of its recent breakouts. The stock is in a long-term up trend.

Probability - Earnings Response - Bullish -  ZS rose 3 times after the past 4 earnings reports when there was a significant change in price.

Probability:  Seasonal Success - Extremely Bullish. -  ZS averaged a decline of 1.2% in May but a gain of 36.1% in June the past several 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

              70%

   1/25/2019

     44.15

       75.02

  Still in play

              12%

   8/23/2018

     42

       47.16

  8/29/2018

              36%

   6/6/2018

     30.22

       41.25

  6/11/2018

(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 Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  -  Insider Selling in Red


   Stock's Monthly Seasonal Performance Chart - Past 5 Years

Showing % Months UP and % Change

               


TTD's Breakout Profile Rating
Zscaler Inc. (ZS)  
TTD Check List Bullish Bearish Neutral
Near 52-week High YES
Volume YES  
Tick Volume YES
Price Trend - Daily YES  
Price Trend - Long Term YES    
Price Daily Spread YES  
Base Structure YES    
Base - A-D YES
Earnings-Quarterly YES    
Earnings-Long Term YES    
Earnings Outlook YES  
Industry Group YES  
Prior Breakout Success YES  
Fund Sponsorship YES  
Total Score   14 0 0

Charts of Selected Breakout Stocks

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

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

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

    TTD's Quality Rating of Stock - ICAD - 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 so far today -  6

Stocks Screened - 12,234

Long-Term Environment for bears:  Neutral.

Bear Side -  Small list of breakdown stocks, but some interesting plays for aggressive bears.

  TTD's short from Tuesday was Sold Biosciences Inc. (SLDB) at 6.32. Wednesday, SLDB declined to 5.91, a 6% drop, and is working well for bears.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Lindsay Corp. (LNN) - 77.16

Net to Drop 37% in Fiscal 2019 (Aug.), TTD Sees Drop to 69

  LNN, based in Omaha, Neb., provides water management and road infrastructure products. Annual revenues: $548 million. LNN's stock falls sharply in the morning and undercuts key technical support.

  TTD sees more on the downside.

  So far today, LNN is trading 255,420 shares, triple its average daily volume of 85,000 shares.

  LNN's stock fell in the morning and undercut its support line. The stock then continued lower the rest of the day and closed near its low for the session of $76.56.

   Tape Action

  LNN's tape action shows the recent block trades.

  One can see the price for the blocks falling from $85.64 in the prior session to as low as $76.86 in the afternoon.

  A key bearish trade came in the morning when a block of 2,413 shares crossed the tape at $82.38.

  That was down sharply from the prior block late in the prior session at $85.64 on 5,449 shares.

  Near the close a block of 10,678 shares (duplicated) crossed at $77.16.

  That was down from the prior block at $77.26 on 1,500 shares.

  Business

 LNN's irrigation unit makes pivot, lateral move, and hose reel irrigation systems used by the agricultural industry.

 The company's infrastructure unit produces moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment.

 Earnings:

 This fiscal year ending in August analysts are forecasting a 37% drop in net to $1.84 a share from the $2.94 the year before.

  For the fiscal third quarter ending in May, the Street is expecting a 42% decline in net to 97 cents a share from the $1.66 the year before.

Charts:  

  LNN's daily chart shows the stock cutting below support with big volume. The stock had a gap drop in early April after reporting disappointing earnings.

  LNN's 12-month performance chart shows the stock down 18% versus a 4% gain for the stock market.   

Strategy Opinion: TTD is targeting LNN for a decline to $69 within the next few months, or sooner. A protective stop buy can be placed near $79.

Suitability:   Aggressive Bears.

  TTD's probability research of Prior Performance:  

Probability - Earnings Response - Very Bearish.  -  LNN rose 3 times after the past 9 earnings reports when there was a significant change in price.

Probability:  Seasonal Activity - Slightly Bullish -  LNN averaged a decline of 0.5% in May but a gain of 1.8%in June the past several years.


   TTD's Quality Rating of Stock  - LNN -  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. - 2019

    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 or 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.)