Ticker Tape Digest

Friday - June 18, 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 - June 18, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  2

Quality of Breakouts -  Below Average.

Stocks Screened - 12,234

Bull side -  Only 2 breakouts. Bulls be conservative.

Stock market  -  Sharp decline Friday. Dow and S&P daily indicators now bearish. Other major averages still holding bullish.

Comment -  The sharp decline in the market Friday sends a warning bell. Monday's action will be very important to watch if there is a follow through of the selling.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats - None.

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

Hubspot Inc. (HUBS) - 593.53, up 22.69 - Breakpoint 575.59

Net To Rise 25% This Year, TTD Targets 720

  HUBS, based in Cambridge, Ma., operates a cloud-based marketing and sales software platform. Annual revenues: $883 million. HUBS's stock drives higher Friday and breaks out from its 9-week, cup-and-handle base.

  So far today, HUBS is trading 735,434 shares, almost double its average daily volume of 403,000 shares.

 TTD sees chances for more on the upside.

  TTD highlighted HUBS as a breakout at our midsession video show.

  HUBS's stock pushed higher in the morning and cleared its breakpoint line.

  The stock reached a peak at $589.45 in the early afternoon.

  The stock then trended sideways. Late in the day the stock spiked higher.

    Tape Action

  HUBS's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $569.42 in the morning to as high as $593,54 near the close.

  A key bullish trade came in the morning when a block of 5,000 shares crossed the tape at $570.

  That was up from the prior block at $569.42 on 5,149 shares.

  Near the close a big block of 135,293 shares crossed at $593.53.

  That was up from the prior trade at $583.52 on 195 shares.

   Business

 HUBS provides a cloud-based marketing software platform.

 The company's software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, and close leads into customers.

 HUBS's products include HubSpot Marketing, HubSpot CRM and HubSpot Sales.

 It offers professional services to educate and train customers on how to leverage its software platform and inbound marketing methodology.

  Charts

  HUBS's 12-month performance chart shows the stock up 170% versus a 35% gain for the stock market.

  HUBS's long-term chart shows the stock climbing from $27 in 2016 to a peak at $207 by 2019.

  The stock then fell back to $90 in early 2020. Since then, HUBS has since surged to $593.

  HUBS's daily chart shows the stock climbing from near $400 in February to a peak near $575 by April.

  The stock then formed a cup-and-handle base.

  The breakout clears the base with a good pick up in volume even when the stock market takes a big dive the same day.

  That is impressive action by HUBS.

  HUBS's CCI momentum indicator is solidly bullish.

  Earnings Outlook

  This year, analysts predict a 25% increase in HUBS's earnings to $1.65 a share from the $1.32 the prior year.

  The stock has a price-earnings ratio that is high.

  Looking out to 2022, the Street projects a 40% leap in net to $2.31 a share from the anticipated $1.65 this year.

  Net for the second quarter should be down 6% to 32 cents a share from the 34 cents the prior year.

  Net for the third quarter should leap 43% to 40 cents a share from the 28 cents the previous year.

Strategy Opinion:  TTD is targeting HUBS for a move to $720 within the next few months, or sooner.

A protective stop can be placed near $570

Intermediate-Term Rating: Average.

Suitability:   Average 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  - 6

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Larger list of shorts as stock market falls sharply Friday. Bears can be venturesome.

TTD's short from Thursday was Similarweb Ltd. (SWWB) at 19.77. Friday it fell 0.70 to 19.07 and is working well for bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Cullinan Oncology Inc. (CGEM) - 25.44

Loss Seen This Year and Next, TTD Sees Drop to 20

  CGEM, based in Cambridge, Ma., is a biotech firm  working on treatments for cancer. Annual revenues: Nil. CGEM's stock falls Friday and cuts below key support with heavy volume.

  So far today, CGEM is trading 1.1 million shares, four times its average daily volume of 267,000 shares.

  TTD sees potential for more on the downside.

  CGEM's stock moved lower in the morning and traded below its key support line.

  CGEM's stock touched a low of $24.80 at midday.

  The stock then lifted slightly and trended sideways into the final bell.

   Tape Action

  CGEM's tape action shows the recent block trades.

  One can see the price for the blocks declining from $25.92 in the morning to as low as $25.33 in the morning.

  A key bearish trade came in the morning when a block of 87,618 shares crossed its tape at $25.37.

  That was down from the prior block at $25.92 on 13,021 a share.

   Business

 CGEM, formerly Cullinan Management, Inc. is a biotech firm.

 The company is developing oncology and immuno-oncology therapies for cancer patients.

 The company’s lead candidate, CLN-081, is an orally available small molecule designed as an irreversible epidermal growth factor receptor, inhibitor that is designed to selectively target cells expressing mutant EGFR variants.

 CGEM is evaluating CLN-081 to treat  lung cancer.

  Earnings:

  This year, analysts predict CGEM will show a loss of $1.37 a share and then next year a loss of $2 a share.

  For the upcoming second quarter, the Street projects a loss of 42 cents a share.

Charts:  

  CGEM's daily chart shows the stock cutting below key support with heavy volume. CGEM has now declined from $59 in March to a $25, more than a 50% drop.

Strategy Opinion: TTD is targeting CGEM for a decline to $20 within the next few months, or sooner. A protective stop buy can be placed near $27

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.)