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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, May 13, 2019 |
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Go to Video Show - "How to Make Money With Breakout Stocks |
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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.
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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) |
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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.
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.
Thursday - May 16, 2019
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts so far today - 14
Quality of Breakouts - Average
Stocks Screened - 12,234
Bull side - Large list of breakouts with some interesting plays. Aggressive bulls can be venturesome.
Stock market - Market averages remain bearish on a daily basis. They are bullish on a weekly and monthly.
Comment - TTD sees the stock market in a consolidation pattern with potential to advance to the top of a trading range.
See Latest Earnings Reports - A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats for Thursday - MANJ, QIWI, REDU, PLMR and HICKA.
Stock Market Momentum
(Daily is based on a moving average)
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Market (Daily) |
Market (Weekly) |
Market (Monthly) |
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Dow - Bearish |
Dow - Bullish |
Dow - Bullish |
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Nasdaq - Bearish |
Nasdaq - Bullish |
Nasdaq - Bullish |
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S&P 500 - Bearish |
S&P 500 - Bullish |
S&P 500 - Bullish |
Ticker Tape Digest's 
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TTD's Quality Rating of Stock - CCOI - ABOVE AVERAGE |
CCOI, based in Washington, D.C., provides Internet access and Internet Protocol communications services. Annual revenues: $520 million. CCOI's stock moves higher Thursday and breaks out from its 6-week, cup-and-handle base.
. So far today, CCOI is trading 324,284 shares. Its average daily volume is 253,000 shares.
TTD recent featured CCOI as an accumulation play.
TTD sees more on the upside from this breakout.
CCOI's stock drove sharply higher in the morning and cleared its breakpoint line.
The stock reached an intraday high of $58.63 in the morning. The stock then trended sideways the rest of the day holding above its breakpoint line. 
Tape Action
CCOI's tape action shows the recent block trades.
One can see the price for the blocks climbing from $57.26 in the morning to as high as $58.51 near the close.
A key bullish trade came in the morning when a block of 2,500 shares crossed the tape at $57.44.
That was up from the prior block at $57.26 on 2,035 shares.
Near the close a block of 19,773 shares (duplicated) crossed the tape at $58.51.
That was up from the prior block trade at $58.36 on 1,700 shares.
Business
CCOI's network is designed and optimized to transmit data using IP. It delivers its services to small and medium-sized businesses in North America, Europe and Asia.
The company offers on-net Internet access services through its own facilities, which run from its network to its customers' premises.
. Its on-net service consists of Internet access and IP connectivity ranging from 100 Megabits per second to 100 Gigabits per second of bandwidth.
Charts
CCOI' 12-month performance chart shows the stock up 15% versus a 5% gain for the stock market.
Insiders have been getting stock options. They have not done any buying.
They were recent sellers at $46 to $57 a share.
CCOI's long-term chart shows the stock climbing from $25 back in 2015 to a peak at $57 in 2018. The stock pulled back and based and now has broken out.
CCOI's daily chart shows the stock rising from $44 in January to a peak near $58 by April.
The stock put down a five-week base.
CCOI breaks out Thursday from its base with an expansion in volume.
CCOI's CCI momentum indicator is solidly bullish.
Earnings Outlook
This year, analysts are forecasting a 40% surge in net to 88 cents a share from the 63 cents the year before
The stock has a price-earnings ratio of 64. That is high but okay given the earnings growth.
Net for next year is projected to climb 38% to $1.21 a share from the anticipated 88 cents a share this year.
For the upcoming second quarter, analysts predict a 64% surge in net to 23 cents a share from the 14 cents the year before.
The highest estimate on the Street for the quarter is 26 cents a share. There are seven analysts tracking the company.
Net for the third quarter is expected to climb 39% to 25 cents a share from the 18 cents the year before.
Strategy Opinion: TTD is targeting CCOI for a move to $70. A protective stop can be placed near $55
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stock's Prior Performance:
Probability - Breakout Success - Bullish - CCOI scored some good gains off some of its recent breakouts.
Probability - Earnings Response - Neutral - CCOI rose 4 times after the past 8 earnings reports when there was a significant change in price.
Probability: Seasonal Success - Bullish. - CCOI broke even in May and a gain of 3.6% in June the past several years.
Stock's Prior Performance After A Breakout
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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 |
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16% |
3/15/2019 |
50.62 |
58.51 |
Still in play |
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21% |
4/16/2018 |
46.19 |
56.15 |
7/6/2018 |
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21% |
8/29/2017 |
44.58 |
53.90 |
10/31/2017 |
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16% |
3/8/2016 |
35.73 |
41.70 |
6/17/2016 |
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41% |
8/6/2013 |
29.93 |
42.45 |
2/12/2014 |
(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 Cogent Communications Holdings (CCOI) |
| 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
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TTD's Quality Rating of Stock - FICO - AVERAGE |
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TTD's Quality Rating of Stock - NEE - AVERAGE |
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TTD's Quality Rating of Stock - TMUS - AVERAGE |
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TTD's Quality Rating of Stock - LIN - AVERAGE |
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: Unfavorable.
Bear Side - Small list of breakdown stocks. Bulls be conservative.
SYNA, based in San Jose, Ca., makes intuitive human interface solutions for electronic devices and products. Annual revenues: $1.6 billion. SYNA's stock falls sharply Thursday and undercuts key technical support. 
So far today, SYNA is trading a heavy 1.8 million shares, double its average daily volume of 882,000 shares.
TTD sees more on the downside.
SYNA's stock cut below key support in the morning.
The stock then continued lower touching an intraday low of $29.66 in the early afternoon. The stock then rallied late in the day to trim its deficit. 
Tape Action
SYNA's tape action shows the recent block trades.
One can see the price for the blocks falling from $32.43 in the prior session to as low as $30.33.
A key bearish trade came in the morning when a block of 13,756 shares (duplicated) crossed the tape at $31.62.
That was down sharply from the prior block late on Wednesday at $32.43 on 23,400 shares.
Business
SYNA makes custom-designed human interface product solutions that enable people to interact with mobile computing, communications, entertainment and other electronic devices.
Its products include ClearPad, ClearView, TouchView, Natural ID, TouchPad, SecurePad, ClickPad and ForcePad.
Earnings:
SYNA's earnings for the fiscal year ending in June should be down 3% to $3.94 a share from the $4.05 the year before.
Net for the fiscal fourth quarter is expected to plunge 68% to 32 cents a share from the $1 a share the prior year.
Looking out to fiscal 2020, the Street predicts a 17% decline in net to $3.29 a share from the anticipated $3.94 this fiscal year.
Charts:
SYNA's daily chart shows the stock in a down trend from a prior peak near $40. It was as high as $100 back in 2015.
SYNA's 12-month performance chart shows the stock down 28% versus a 5% gain for the stock market.
Strategy Opinion: TTD is targeting SYNA for a decline to $24 within the next few months. A protective stop buy can be placed near $32.10.
Suitability: Aggressive Bears.
TTD's probability research of Prior Performance:
Probability - Earnings Response - Bearish. - SYNA rose 4 times after the past 9 earnings reports when there was a significant change in price.
Probability: Seasonal Activity - Very Bearish. - SYNA averaged a decline of 1.8% in May and a decline of 5.2% in June the past several years.
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TTD's Quality Rating of Stock - SYNA - BELOW AVERAGE |
Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
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 1-480-878-8381 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.)
