Ticker Tape Digest

Thursday - June 24, 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.

Thursday - June 24, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  11

Quality of Breakouts -  Below Average.

Stocks Screened - 12,234

Bull side -  Large list of breakouts but very selective.

Stock market  -  Major averages bullish in a time sequences, except the daily Dow which is bearish.

Comment -  Large list of breakouts but very selective. Bulls be conservative.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  GMS, CAMP, DRI and MEI.

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

Liberty Broadband Corp. (LBRDK) - 169.02, up 3.79 - Breakpoint 168.23

Net To Soar 132% This Year, TTD Targets 200

  LBRDK, based in Englewood, Co., holds an in interest in Charter Communications and its subsidiary Skyhook Holding Inc. Annual revenues: `50.7 million. LBRDK's stock drives higher Thursday and breaks out from its 7-week, cup-and-handle base.

  So far today, LBRDK is trading 1.1 million shares. Its average daily volume is 1.2 million shares.

  TTD sees potential for more on the upside.

  The stock is at a new all-time high. Thus, there is no upside resistance from prior activity.

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

  The stock worked higher during the day.

  It closed near its high for the session. It was unchanged in after-hours trading.

   Tape Action

  LBRDK's tape action shows the recent block trades.

  One can see the price for the blocks rising from $165.23 in the prior session to as high as $169.02 by the close.

  A key bullish trade came in the morning when a block of 4,650 shares (duplicated) crossed at $165.46.

  That was up from the prior block at $165.23 on 4,700 shares in the prior session.

  Near the close a massive block of 439,835 shares crossed at $169.02.

  That was up from the prior block at $168.84 on 1,109 shares.

   Business

  LBRDK  holds interest in Charter Communications, Inc. and its subsidiary Skyhook Holding, Inc.

   Skyhook provides a wireless fidelity (Wi-Fi)-based location platform. It handles positioning technology and contextual location intelligence solutions.

Charter provides cable services in the U.S. It handles entertainment, information and communications solutions for residential and commercial customers.

   Skyhook's Wi-Fi location solution can be used to help carriers and emergency personnel offer E-9-1-1 services domestically.

  Charts

  LBRDK's 12-month performance chart shows the stock up 35% versus a 38% gain for the stock market.

  Insiders were recent sellers at $160 to $161 a share.

  They were buyers using stock options. The price was not disclosed.

  LBRDK's long-term chart shows the stock coming public back in 2014 at $49.26. The stock advanced to $104 by 2017.

  However, it then pulled back to $68 in 2018.

  It has since come on again strong surging to $169.

  LBRDK's daily chart shows the stock climbing from $148 in April to a peak near $168 by May.

  The stock pulled back  and formed a flat base.

  The breakout clears the base with a modest pick up in volume.

  The stock's CCI momentum indicator is strongly bullish.

   Earnings Outlook

 This year, analysts predict a 132% surge in profits to $5.04 a share from  the $2.17 the prior year

  The stock has a price-earnings ratio of 33.

  Looking out to 2022, the Street projects a 47% lift in earnings to $7.41 a share from the anticipated $5.04 this year.

  Quarterly earnings will be strong.

  Net for the second quarter should jump 187% to $1.12 a share from the 39 cents the prior year.

  The highest estimate is at $1.31 a share. The company did miss on earnings the past three out of four quarters. So, one needs to be watchful.

  Net for the third quarter should leap to $1.61 a share from the 38 cents the prior year.

Strategy Opinion:  TTD is targeting LBRDK for a move to 200 within the next few months, or sooner.

A protective stop can be placed near $164.

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  - 1

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Just one short play Thursday as stock market rallies strongly. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Terns Pharmaceutical Apache Corp. (TERN) - 13.39

Loss Seen This Year and Next, TTD Sees Drop to 10.50

   TERN, based in Foster City, Ca., is a biotech firm working on treatments for chronic liver diseases. Annual revenues: Nil. TERN's stock falls sharply Thursday and undercuts key technical support.

  So far today, TERN is trading 135,239 shares. Its average daily volume is 110,000 shares.

  TTD sees more on the downside.

  TERN's stock cut below support in the morning.

  The stock trended lower most of the day touching an intraday low of $13.18 in the afternoon.

  In after-hours trading, TERN was up one cent a share.

  Tape Action

  TERN's tape action shows the recent block trades.

  One can see the price for the blocks falling from $14.75 in the prior session to as low as $13.39 by the close.

 A key bearish trade came in the morning when a block of 1,989 shares crossed the tape at $14.50.

 That was down from the prior block at $14.75 on 4,795 shares late on Wednesday.

 Business

  TERN is developing a portfolio of small-molecule single-agent and combination therapy candidates to treat non-alcoholic steatohepatitis  and other chronic liver diseases.

 The company’s NASH pipeline includes multiple single-agent and combination therapy candidates that provide opportunities to address the multifaceted nature of NASH and provide clinical benefits for patients.   

  Earnings:

  This year, analysts predict TERN will show a loss of $3.54 a share compared with a big loss of $102.93

  Going out to 2022, the Street expects a loss of $3.37 a share.  

Charts:  

  TERN's daily chart shows the stock falling from $28 in March down to around $14.58. The stock tried to form a bottom, but now rolls over.

  It is at an all-time low. That is bearish.

Strategy Opinion: TTD  is targeting TERN for a decline to $10.50 within the next few months, or sooner. A protective stop buy can be placed near $14.10.

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.)