Ticker Tape Digest

Monday - June 28, 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.

Monday - June 28, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  4

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Small list of breakouts and very selective.

Stock market  -  Major averages are bullish in all time zones.

Comment -  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 -  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

Zebra Technologies (ZBRA) - 527.13, up 16.48 - Breakpoint 520.14

Net To Spurt 33% This Year, TTD Targets 620

  ZBRA, based in Linolnshore, Il., makes mobile computers and barcode scanners. Annual revenues: $4.4 billion. ZBRA's stock drives higher and breaks out from its 19-week, flat base.

  So far today, ZBRA is trading 380,471 shares. Its average daily volume is 233,000 shares.

  TTD sees more on the upside.

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

  The stock climbed to a peak at $527.98 around noon.

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

  The stock closed near its high for the day. That is bullish.

  In after-hours trading, ZBRA was up 18 cents a share.

    Tape Action

  ZBRA's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $510.65 in the prior session to as high as $527,21.

  A key bullish trade came in the morning when a block of 2,189 shares (duplicated) crossed the tape at $511.92.

  That was up from the prior block at $510.65 on 6,003 shares.   

   Business

  ZBRA makes automatic identification and data capture products.

The company's AIDC products include mobile computers, barcode scanners, radio frequency identification devices readers, specialty printers for barcode labeling and personal identification, real-time location systems.

  It also provides maintenance, technical support, repair, managed and cloud-based subscriptions.   

  Charts

  ZBRA's 12-month performance chart shows the stock up 108% versus a 40% gain for the stock market.

  ZBRA's insiders were buyers using stock options at $51 to $205 a share.

  They were sellers at $495 to $515 a share.

  ZBRA's long-term chart shows the stock climbing from $46 back in 2016 to a peak at $260 by late 2019.

  The stock fell back to $150 in early 2020 due to the stock market decline. However, it has since surged back to an all-time high of $629.

  ZBRA's daily chart shows the stock advancing from $400 back in February to a peak near $520 by April.

  The stock has put down a cup-and-handle base.

  The breakout looks solid coming with a widening of the daily spread and expanding volume.

  The stock's CCI momentum indicator is strongly bullish.

   Earnings Outlook

 This year, analysts predict a 33% rise in net to $17.08 a share from  the $12.80 the prior year.

  The stock has a price-earnings ratio of 30.

  Looking out to 2022, the Street predicts a 7% rise in net to $18.36 a share from the anticipated $17.08 this year.

 Net for the second quarter should leap 73% to $4.16 a share from the $2.41 the prior year.

  The highest estimate is at $4.28 a share.

  TTD sees good chances for an earnings beat. The company topped the consensus by 38 cents a share, 67 cents, 45 cents and 13 cents.

 Going out to the third quarter, net should rise 19% to $3.90 a share from the $3.27 the prior year.

Strategy Opinion:  TTD is targeting ZBRA for a move to 620 within the next few months, or sooner.

A protective stop can be placed near $500.

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  - 2

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Just two short plays. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Global Blood Therapeutics Inc (GBT)  - 33.19

Loss Seen This Year and Next, TTD Sees Drop to 27

  GBT, based in South San Francisco, is a biotech firm working on treatments for blood disorders. Annual revenues: $124 million. GBT's stock drops sharply Monday on big volume.

  So far today, GBT is trading a heavy 3 million shares. Its average daily volume is 1.4 million shares.

  TTD sees more on the downside.

  GBT's stock fell in the morning and undercut key support.

  The stock touched an intraday low of $32.52.

  It then lifted to around $33.76 and the trended sideways the rest of the day.

   Tape Action

  GBT's tape action shows the recent block trades.

  One can see the price for the blocks falling from $36.44 in the prior session to as low as $32.67 later in the morning.

  A key bearish trade came in the morning when a block of 26,465 shares (duplicated) crossed the tape at $35.61.

  That was down from the prior block at $36.44 on 1,185,060 shares.

  Business

 GBT is developing therapeutics to treat blood-based disorders.

 The company is developing its initial product candidate, GBT440, as an oral, once-daily therapy for sickle cell disease.

GBT  is also developing products targeting hereditary angioedema.

 Earnings:

  This year, analysts predict a loss of $4.60 a share compared with a loss of $4.04 the prior year.

  Going out to 2022, the Street expects a loss of $2.85 a share.

  For the upcoming second quarter, the Street expects a loss of $1.17 a share compared with a loss of 86 cents the prior year.

Charts:  

  GBT's daily chart shows the stock breaking to the downside and undercuts key support.

  The stock has fallen from a peak at $87 in early 2020.

Strategy Opinion: TTD  is targeting GBT for a decline to $27 within the next few months, or sooner. A protective stop buy can be placed near $34.60.

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.)