Ticker Tape Digest

Tuesday - July 13, 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.

Tuesday - July 13, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  3

Quality of Breakouts -  Above Average.

Stocks Screened - 12,234

Bull side -  Small list of breakouts and very selective. Bulls be conservative.

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

Comment -  Bulls be conservative. Earnings reports will be coming soon. So, one needs to be alert to any pre-announcements.

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

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

Starbucks Corp. (SBUX) - 119.55, up 1.09 - Breakpoint 119.02

Net To Soar 155% for Fiscal 2021 (Sept.), TTD Targets 140

  SBUX, based in Seattle, is a worldwide provider of coffee products. Annual revenues: $23.5 billion. SBUX's stock moves higher Tuesday and breaks out from its 14-week flat base.

  The stock, a long-term winner, hits a new all-time high.

  So far today, SBUX is trading 5.5 million shares. Its average daily volume is 5.2 million shares.

  TTD sees more on the upside.

  TTD highlighted SBUX as a breakout at our midsession video show on the Web Friday.

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

  The stock reached an intraday high in the morning at $119.99

  SBUX then trended sideways the rest of the day.

  In after-hours trading, SBUX was down 40 cents a share.

   Tape Action

  SBUX's tape action shows the recent block trades.

  One can see the price for the blocks advancing from  $118.46 in the prior session to as high as $119 later in the morning.

  A key bullish trade came in the morning when a block of 75,299 shares crossed at $118.54.

  That was up from  the prior block at $118.46 on 11,551 shares.

  Near the close a big block of 372,064 shares (duplicated) crossed at $119.55.

  That was up from the prior block at $119.53 on 6,950 shares.

   Business

  SBUX  is a coffee roaster and retailer of specialty coffee with operations in 82 markets around the world.

The Company has some 32,000 company-operated and licensed stores.

It also sells a variety of coffee and tea products and license its trademarks through other channels, such as licensed stores, grocery and food service.

It purchases and roasts coffees that it sells, along with handcrafted coffee, tea and other beverages and a variety of food items.

 SBUX also sells under various brands such as Teavana, Seattle’s Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve and Princi.  

  Charts

  SBUX's 12-month performance chart shows the stock up 65% versus a 39% gain for the stock market

  Insiders were recent buyers using stock options at $15 to $60 the past several months.

  They were sellers a $77 to $111 a share.

  SBUX's long-term chart shows the stock climbing from $40 back in 2014 to $64 by 2015.

  The stock then trended sideways. It broke out in late 2018 and ran up to 99 by 2019.

  It was dragged back in 2020 to $50 as the stock market sold off. since then SBUX has drive to a new all-time high of $119.99.

  SBUX's daily chart shows the stock climbing from $100 back in March to a peak near $119 by April.

  The stock pulled back and then rallied back to its breakpoint line.

  The pattern is a cup-and-handle type set up.

  SBUX now breaks out and now reaches a new all-time high.

  Earnings Outlook

  This fiscal year ending in September the Street predicts a 155% jump in net to $2.98 a share from the $1.17 the prior year.

  The stock has a price-earnings ratio of 40.

  Looking out to fiscal 2022 ending in September, analysts project a 20% increase in net to $3.58 a share from  the anticipated $2.98 this fiscal year.

  Net for the upcoming fiscal third quarter ending in June should climb to 76 cents a share from the loss of 46 cents the prior year.

  SBUX beat the Street estimate the past four quarters by 10 cents a share,  6 cents, 18 cents and 15 cents.

  Net for the fiscal fourth quarter ending in September should leap 94%  to 99 cents a share from  51 cents the prior year.

Strategy Opinion:  TTD is targeting SBUX for a move to $140 within the next few months, or sooner.

A protective stop can be placed near  $115.

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 -  Small list of breakouts, but some interesting plays for aggressive bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Honest Co. (HNST) - 13.60

Loss Seen This Year and Next, TTD Sees Drop to 10

  HNST, based in Los Angeles, sells diapers and skin and personal care products. Annual revenues: $301 million. HNST's stock falls sharply Tuesday and undercuts key technical support with a pick up in volume.

  So far today, HNST is trading 2.4 million shares. Its average daily volume is 1.8 million shares.

  TTD sees more on the downside.

  HNST's stock rose slightly in the morning to $14.66.

  However, it rolled over and fell steadily the rest of the day.

  The stock closed near its low for the session of $13.56.

   In after-hours trading, HNST rose 37 cents a share.

   Tape Action

  HNST's tape action shows the recent block trades.

  One can see the price for the blocks falling from $14.46 in the prior session to as low as $13.60 by the close.

  A key bearish trade came in the morning when a block of 14,107 shares (duplicated) crossed the tape at $14.37.

  That was down from the prior block at  $14.46 on 27,057 shares in the prior session.

   Business

 HNST sells diapers and wipes, skin and personal care, and household and wellness. products.

  Its diapers are chlorine-free fluff pulp and other plant-derived materials. Its products include Clean Conscious Diaper, Diaper Subscription, Diaper Trial.

The Company's skin care products include Cleansers, Serums, Masks, Moisturizers, Eye Cream, and Age-Defying.

  Its Household products include Conscious Cleaning, Multi Surface Cleaner, Glass Cleaner, Bathroom Cleaner, Starter Sets, Refill Pods, and Clean Home Kits.

  Earnings:

  This year, analysts predict a loss of 24 cents a share. There was no comparable results.

  Looking out to 2022, the Street projects a loss of 4 cents a share.

  For the upcoming second quarter, analysts expect a loss of 16 cents a share.

 Charts:  

  HNST's daily chart shows the stock falling from $23.99 around the time it went public in May down to $14.53 later that month. It rallied to $19.94, but has since moved lower cutting below key near-term support.

Strategy Opinion: TTD  is targeting INST for a decline to $10 within the next few months, or sooner. A protective stop buy can be placed near 14.60.

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.

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  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.)