Ticker Tape Digest

Wednesday - August 4, 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.

Wednesday - August 4, 2021

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  7

Quality of Breakouts -  Average.

Stocks Screened - 12,234

Bull side -  Several good looking breakouts for aggressive bulls.

Stock market  -  The Dow has turned bearish on a daily basis. All other market indicators still holding bullish.

Comment -  Bulls be conservative and watchful. Earnings still the key.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  EXPI, MGPI, BDC, JLL and GEO.

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

DaVita Inc. (DVA) - 133.78, up 10.63 - Breakpoint 129.67

Net To Rise 23% This Year, TTD Targets 155

  DVA, based in Denver, provides kidney care medical services. Annual revenues: $11.6 billion. DVA's stock surges higher and breaks out from its 13-week, flat base. The key was a big earnings beat.

  So far today, DVA is trading a heavy 2.1 million shares, triple its average daily volume of 597,000 shares.

  TTD sees more on the upside.

  TTD highlighted DVA as a breakout at our midsession video show on the Web Wednesday.

  DVA reported operating net for the second quarter of $2.64 a share. That topped the Street consensus of $2.16 a share

  DVA's stock shot higher in the morning and cleared its breakpoint line.

  The stock reached an intraday high of $136.48 in the morning.

  It then backed off slightly and trended sideways.

  In after-hours trading, the stock was down 3 cents a share.

    Tape Action

  DVA's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $127.10 in the morning to as high as $135.50 in the morning.

  A key bullish trade came in the morning when a block of 4,200 shares crossed the tape at $130.62.

  That was up from the prior block at $127.10 on 11,921 shares.

  Near the close a big block of 102,649 shares crossed at $133.78.

  That came on an up tick from the prior trade at $133.61 on 234 shares.

  Business

 DVA provides kidney care services.

Its Kidney Care division consists of the company's U.S, dialysis and related lab services.

   Its  U.S. dialysis services provide kidney dialysis  for patients suffering from chronic kidney failure, also known as an end-stage renal disease .

 Besides the U.S., it has 243 outpatient dialysis centers in nine countries outside of the U.S.

  Charts

  DVA's 12-month performance chart shows the stock up 60% versus a 35% gain for the stock market.

  Insiders were recent buyers at $66 to $75 a share.

  They were sellers at $109 to $126 a shares.

  DVA's long-term chart shows the stock climbing from $54.50 in 2016 to as high as $80 in 2018.

  The stock fell back to $43 in 2019, but since then has surged to $133. It is in a strong up trend.

  DVA's daily chart shows the stock running up to $129 in May.

  The stock then pulled back and formed a tight flat base.

  The breakout is powerful coming with a gap move and big volume.

  The stock's CCI momentum indicator is very bullish.

  Earnings Outlook

  This year, analysts predict a 23% increase in net to $8.90 a share from the $7.26 of the prior year.

  The stock has a price-earnings ratio of 15.

  Looking out to 2022, the Street expects a 10% rise in net to $9.80 a share from the anticipated 8.90 this year.

  Quarter net will show an acceleration in growth. That is bullish

  Net for the third quarter should climb 29% to $2.33 a share from the $1.80 the year before.

  The highest estimate is at $2.41 a share.

  The company beat the Street estimate the prior two quarters by 50 cents a share and 29 cents.

  Then in the fourth quarter net should jump 41% to $2.36 a share from the $1.67 the previous year.   

Strategy Opinion:  TTD is targeting DVA for a move to $155 within the next few months, or sooner.

A protective stop can be placed near $125.

Intermediate-Term Rating: Average.

Suitability:   Aggressive 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  - 3

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Small list of shorts, but some interesting plays for aggressive bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Alteryx Inc. (AYX) - 68.51

Loss Seen This Year, TTD Sees Drop to 60

  AYX, based in Irvine, Ca., sells analytics software. Annual revenues: $495 million. AYX's stock falls sharply Wednesday and undercuts key technical support.

  So far today, AYX is trading a heavy 5.7 million shares, six times its average daily volume of 868,000 shares.

 TTD sees potential for more on the downside.

  TTD highlighted AYX as a short at our midsession video show on the web.

  AYX reported a smaller loss for the second quarter of 17 cents a share compared with a loss of 25 cents a share predicted by the Street.

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

  The stock then worked to an intraday low of $66.66 in the morning.

  AYX's stock then lifted slightly late in the day.

  In after-hours trading, AYX was down 46 cents a share.

  Tape Action

  AYX's tape action shows the recent block trades.

  One can see the price for the blocks falling from $78.79 in the prior session to as low as $67.01 in the afternoon.

  A key bearish trade came in the morning when a block of 70,205 shares crossed. That was down sharply from the prior block the day before at $78.79 on 58,803 shares.

   Business

  AYX provides self-service data analytics software.

  The company provides a subscription-based platform, enabling firms to prepare, blend and analyze data from a multitude of sources.

  AYX ’s platform allows business analysts to view underlying data, meta-data, and applied analytics at any stage during the process.

   Earnings:

  This year, analysts predict a loss of one cent a share compared with a profit of 94 cents the prior year.

  Net for the third quarter should fall 92% to 3 cents a share from the 39 cents the prior year.

  The Street does expect a profit of 22 cents a share for 2022.

Charts:  

  AYX's daily chart shows the stock gapping lower with big volume to cut support.

  AYX's stock has fallen from a peak at $185 in July of 2020.

Strategy Opinion: TTD  is targeting AYX for a decline to $60 within the next few months, or sooner. A protective stop buy can be placed near $73.

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.)