Ticker Tape Digest

Monday - August 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.

Monday - August 16, 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 but some good looking plays.

Stock market  -  Major averages remain bullish in all time sequences.

Comment -  Bulls can be venturesome. Stock market still holds up trend, but needs to be watched closely.

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

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

Apple Inc. (AAPL) - 151.12, up 2.02 - Breakpoint 149.88

Net To Soar 70% For Fiscal 2021 (Sept.), TTD Targets 175

     AAPL, based in Cupertino, Ca., makes cell phones and computers. Annual revenues: $275 billion. AAPL, a leading stock, breaks out Monday from its 6-week, flat base.

  The move carries AAPL to a new all-time high. The stock has made a sevenfold move since 2014.

  TTD sees potential for more on the upside.

  So far today, AAPL is trading 103.6 million shares. Its average daily volume is 68 million shares.

  AAPL's stock fell in the morning and touched an intraday low of $146.47.

  The stock turned and rallied to a peak at $151.68 in the afternoon. .

  The stock then trended sideways into the close finishing with a good gain.

  In after-hours trading AAPL was up 56 cents a share.

   Tape Action

  AAPL's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $146.81 in the morning to a peak at $151.12 by the close.

  A key bullish trade came in the morning when a block of 35,260 shares crossed the tape at $150.35.

  That was up from the prior block at $148.60 on 630,205 shares

  Near the close a massive block of 4.2 million shares crossed at $151.12 (duplicated).

  That was up from  the prior block at $151 on 111,814 shares.

   Business

  AAPL makes mobile communication products, personal computers and portable digital music players.

 The company also sells software, networking solutions, and third-party digital content and applications.

 The company services the Americas, Europe, Greater China, Japan and Asia Pacific.

   Its products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software.

  Charts

  AAPL's 12-month performance chart shows the stock up 33% versus a 33% gain for the stock market.

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

  They were sellers at $113 to $145.99.

   AAPL's long-term chart shows the stock climbing from $22 in 2016 to a peak at $58 in 2018.

   The stock based and then broke out in late 2019 and has since surged to $151.

   It recently had a 4-1 stock split.

  AAPL's daily chart shows the stock advancing from $120 in March to a peak at $149.88 in July.

 The stock formed a tight flat base.

  APPL now breaks out with a widening of the daily spread and expanding volume.

 The stock's CCI momentum indicator is strongly bullish.

  Earnings Outlook

  This fiscal year ending in September the Street predicts a 70%  jump in net to $5.59 a share from  the $3.28 the prior year.

  Looking out to fiscal 2022 ending in September,  net should be up a modest 2% to $5.70 a share from the anticipated $5.59 this fiscal year.

  Net for the fiscal fourth quarter ending in September should surge 68% to $1.23 a share from  the 73 cents the prior year.

  Then in the fiscal first quarter net should rise 13% to $1.90 a share from  the $1.68 the prior year.

Strategy Opinion:  TTD is targeting AAPL for a move to $175 within the next few months, or sooner.

A protective stop can be placed near $145

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  -  8

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Large list of shorts with some interesting plays for aggressive bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

C3.A1 Inc. (AI) - 46.62

Loss Seen This Year and Next, TTD Sees Drop to 40

  AI, based in Redwood City, Ca., produces artificial intelligence software. Annual revenues: $183 million. AI's stock falls sharply Monday and undercuts key technical support.

  So far today, AI is trading a heavy 3.2 million shares. Its average daily volume is 1.7 million shares.

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

  AI's stock fell in the morning undercutting key technical support.

  The stock touched an intraday low of $45.90 in the morning.

  It lifted to $47.70 later in the morning and then trended mostly sideways the rest of the day.

  In after-hours trading AI was up 7 cents a share.

   Tape Action

  AI's tape action shows the recent block trades.

  One can see the price for the blocks declining from $49.38 in the prior session to as low as $46 later in the morning.

  A key bearish trade came in the morning when a block of 26,338 shares (duplicated) crossed the tape at $48.82.

  That was down from the prior block at $49.38 on 20,877 shares in the prior session.

   Business

  AI is an artificial intelligence software company.

  It provides software-as-a-service application that enables deployment of enterprise-scale applications.

  Its C3 AI Suite is an end-to-end platform-as-a-service allowing customers to design and operate enterprise AI applications.

 Earnings:

  This fiscal year ending in April of 2022, analysts predict a loss of $1.12 a share compared with a loss of 90 cents the prior year.

  Going out to fiscal 2023 ending in April, the Street expects a loss of $1.01 a share.

  For the upcoming fiscal first quarter ending in July a loss of 32 cents a share is projected.

Charts:  

  AI's daily chart shows the stock cutting below key support and dropping to $45.90 in the morning.

  The stock then lifted to around $47.72 and then trended sideways until late afternoon when it faded a bit.

Strategy Opinion: TTD  is targeting AI for a decline to $40 within the next few months, or sooner. A protective stop buy can be placed near $49.50.

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.)