Ticker Tape Digest

Friday - July 16, 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 - July 16, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  2

Quality of Breakouts -  Average.

Stocks Screened - 12,234

Bull side -  Small list of breakout stocks as stock market falls sharply

Stock market  -  Major averages remain bullish, except for the daily Nasdaq which has now turned bearish.

Comment -  Small list of breakouts Friday. Bulls be watchful. Earnings will now be coming.

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

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

Stag Industrial Inc. (STAG) - 40.06, up 0.42 - Breakpoint 39.71

Hits New All-time High, TTD Targets 47

  STAG, based in Boston, is a real estate investment trust with interests in industrial properties. Annual revenues: $483 million. STAG's stock moves higher Friday bucking the stock market's sharp decline.

  STAG's move enables the stock to breakout from its five-week, cup-and-handle base.

  The move carries the stock to a new all-time high.

  TTD sees potential for more on the upside.

  So far today, STAG is trading 1.1 million shares. Its average daily volume is 1 million shares.

  STAG's stock broke out in the morning with a gap move.

  The stock worked steadily higher and reached an intraday peak at  $40.36 in the afternoon.

  STAG then backed off a bit late in the day.

  In after-hours trading STAG was up 19 cents share.

   Tape Action

  STAG's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $39.64 in the prior session to as high as $40.24 in the afternoon.

  A key bullish trade came in the morning when a block of 17,655 shares (duplicated) crossed the tape at $39.82. That was up from the prior block at $39.64 on 140,023 shares in the prior session

  Near the close a big block of 67,568 shares crossed at $40.06.

  That came on a sequence started by an up tick from  a trade at $40.04 on 100 shares.

  Business

 STAG acquires single-tenant, industrial properties in the U.S.

 The company owns 462 buildings in 38 states with  92.3 million rentable square feet.

The Company invests in warehouse/distribution buildings, light manufacturing buildings, and flex/office buildings.

   It also owns multi-tenant properties, as a result of acquiring properties with more than one tenant or of originally single-tenant properties re-leasing to multiple tenants.

Charts

  STAG's 12-month performance chart shows the stock up 32% versus a 35% gain for the stock market.

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

  They were sellers at $29.90 to $32 a share.

  STAG's long-term chart shows the stock climbing from $14.97 back in early 2016 to a peak at $33.48 by early 2020.

  The stock fell to $17.54 in early 2020 when the stock market fell. Since then STAG has staged a strong recovery climbing to $40.06.

  STAG's daily chart shows the stock rising from $32 in March to $39.71 by June.

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

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

  The stock's CCI momentum indicator is solidly bullish.

   Earnings Outlook

  This year, analysts predict a 5% rise in net to $1.99 a share from the $1.89 the prior year.

  The stock has a price-earnings ratio of 20.

  Looking out to 2022, the Street projects a 5% rise in net to $2.09 a share from the anticipated $1.99 this year.

  Net for the second quarter should rise 6% to 50 cents a share from the 47 cents the prior year.

  Then in the third quarter net should be up 11% to 51 cents a share from the 46 cents the previous year.

Strategy Opinion:  TTD is targeting STAG for a move to $47 within the next few months, or sooner.

A protective stop can be placed near  $38.

Intermediate-Term Rating: Average.

Suitability:   Conservative 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  - 4

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Small list of breakout. However, stock market showing weakness. Bears can be venturesome.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Turquoise Hill Resources Ltd. (TRQ) - 13.65

Lower Net Seen This Year, TTD Sees Drop to 10.50

  TRQ, based in Montreal, produces copper and gold. Annual revenues: $1.1 billion. TRQ's stock falls sharply Friday and undercuts key technical support.

  So far today, TRQ is trading a heavy 4.5 million shares, nine times its average daily volume of 527,000 shares.

  TTD sees more on the downside. TTD highlighted TRQ as a short at our midsession video show on the Web Friday.

  The decline was linked to disappointing production results and a dowgrade by investment firm Canaccord Genuity.

  TTD sees more on the downside.

  TRQ's stock cut below key support in the morning. The stock fell to $13.61 around noon.

  It then trended mostly sideways unable to rally.

  In after-hours trading, TRQ was down 13 cents a share.

    Tape Action

  TRQ's tape action shows the recent block trades.

  One can see the price for the block falling from $36.38 in the prior session to as low as $13.60 in the afternoon.

  A key bearish trade came in the morning when a block of 60,050 shares (duplicated) crossed the tape at $14.65.

  That was down sharply from the prior block at $16.38 on 18,490 shares the day before.

    Business

 TRQ produces gold and copper. It is developing the Oyu Tolgoi copper-gold mine in Southern Mongolia. It is the firm's principle resources.

The company's Oyu Tolgoi mine is held through approximately 65% interest in Oyu Tolgoi LLC  and the remaining 35% interest is held by Erdenes Oyu Tolgoi LLC.

 Earnings:

  There are no earnings projects for the company.

  Charts:  

  TRQ's daily chart shows the stock climbing from $14 in March to a peak at $21.89 by May.

  The stock then backed off to around $16. It now gaps lower with big volume.  

Strategy Opinion: TTD  is targeting TRQ for a decline to $10.50 within the next few months, or sooner. A protective stop buy can be placed near 14.50.

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.)