Go to Video Show - "How to Make Money With Breakout Stocks |
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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.
Ticker Tape Digest's Daily schedule guide for TTD subscribers 1. Pre-market - check Breakout Watch List and Quick Trades. 2. Morning - (11:30 - 12 A.M.) - check breakout stocks tape and breakout chart slide show. 3. Midday (1 P.M.) check TTD Midsession Report and see market video show. 4. After close (4 P.M.) check final TTD Report for day. Trading Strategies Bullish Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns. (See Performance) Aggressive Investor Bullish- "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit." (See Performance) Conservative Investors "Bargain Buy Trades for the Long Term." Ideally suited for entry into top performing big cap stocks on pullbacks within overall up trend.(See Performance) Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns (See Performance) |
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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 23, 2021
TTD's Breakout Stocks
Stock Market Overview
Total Buy Breakouts - 13
Quality of Breakouts - Above Average.
Stocks Screened - 12,234
Bull side - Large list of breakouts with some good looking plays.
Stock market - Major averages are bullish in all time sectors again.
Comment - Stock market now pushing to new highs. Bulls can be venturesome.
See Latest Earnings Reports - A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats - RIOT, JD, ITRN and CNF.
Stock Market Momentum
(Daily is based on a moving average)
Market (Daily) |
Market (Weekly) |
Market (Monthly) |
Dow - Bullish |
Dow - Bullish |
Dow - Bullish |
Nasdaq - Bullish |
Nasdaq - Bullish |
Nasdaq - Bullish |
S&P 500 - Bullish |
S&P 500 - Bullish |
S&P 500 - Bullish |
TTD's Quality Rating of Stock - NVDA - ABOVE AVERAGE |
NVDA, based in Santa Clara, Ca., provides products PC graphics and artificial intelligence. Annual revenues: $16.7 billion. NVDA's stock drives sharply higher Wednesday and breaks out from its 8-week, flat base.
So far today, NVDA is trading 57.6 million shares, double its average daily volume of 26.2 million shares.
TTD sees potential for more on the upside.
TTD highlighted NVDA as a breakout at our midsession video show on the Web.
NVDA's stock moved higher in the morning and cleared its breakpoint line.
The stock hit an intraday high in the afternoon at $219.97.
The stock then trended sideways the rest of the day.
In after-hours trading, NVDA was down 38 cents a share.
Tape Action
NVDA's tape action shows the recent block trades.
One can see the price for the blocks climbing from $209.73 in the morning to as high as $219.58 by the close.
A key bullish trade came in the morning when a block of 31,093 shares crossed the tape at $213.
That was up from the prior block at $209.73 on 636,565 shares.
Near the close a block of 1.7 million shares crossed at $219.58.
That was down from the prior block at $219.66 on 200.000 shares.
Business
NVDA produces graphics, graphics processing unit and also artificial intelligence.
It operates through two segments: GPU and Tegra Processor.
Its GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.
The firm's Tegra brand integrates an entire computer onto a single chip, and incorporates GPUs and multi-core central processing units to drive supercomputing for mobile gaming and entertainment devices, as well as autonomous robots, drones and cars.
Charts
NVDA's 12-month performance chart shows the stock up 70% versus a 35% gain for the stock market.
Insiders were recent buyers using stock options at $3.62 to $17 a share.
NVDA's long-term chart shows the stock advancing from $9 in 2016 to a peak at $73 by 2018.
The stock then fell back to $31 by late 2018. However, since then it has soared to $219.
NVDA's daily chart shows the stock climbing from $4140 in May to a peak near $208 by July.
The stock pulled back and formed a flat base with two moves to the downside.
Monday, NVDA drives out of its base with good volume.
The stock's CCI momentum indicator is solidly bullish.
Earnings Outlook
This fiscal year ending in January 2022, analysts predict a 61% jump in net to $4.02 a share from the $2.50 the prior year.
The stock has a price-earnings ratio of 54.
Looking out to fiscal 2023 ending in January, the Street predicts a more modest 10% increase in net to $4.43 a share from the anticipated $4.02 this fiscal year.
Quarterly earnings will be strong.
Net for the fiscal third quarter ending in October should surge 45% to $1.06 a share from the 73 cents the prior year..
Then in the fiscal fourth quarter ending in January profits should jump 33% to $1.04 a share from 78 cents the prior year.
Strategy Opinion: TTD is targeting NVDA for a move to $260 within the next few months, or sooner.
A protective stop can be placed near $205.
Intermediate-Term Rating: Average.
Suitability: Aggressive Bulls.
TTD's special research of Stock's Prior Performance:
Breakout Success |
Bullish |
NVDA scored good gains off recent breakouts. |
Response to Net |
Bullish |
NVDA rose 13 times after 15 earnings reports. |
Seasonal Success |
Bullish |
NVDA avg. gain 2.7% in Sept., loss 0.3% in Oct. prior years. |
Earnings Beats |
Bullish |
NVDA beat Street net estimate 19 times after 20 reports |
Stock's Prior Performance After A Breakout
Stock's % Change from Breakout to peak - prior to cut below 50-day M/A. |
Date of Breakout |
Break point Price |
Stocks Price Peak after Breakout - prior to cut below 50-day M/A |
Date Trade Closed |
27% |
6/2/2021 | 162.64 | 206.99 | 7/6/2021 |
55% |
6/30/2020 | 92.17 | 143.47 | 9/2/2020 |
16% |
2/11/2020 | 66.97 | 78.67 | 2//19/2020 |
32% |
5/10/2017 | 30.32 | 39.98 | 6/8/2017 |
(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
TTD's Quality Rating of Stock - GOOG - ABOVE AVERAGE |
TTD's Quality Rating of Stock - NOW - ABOVE AVERAGE |
TTD's Quality Rating of Stock - DAC - ABOVE AVERAGE |
TTD's Quality Rating of Stock - SAIA - ABOVE AVERAGE |
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 - 1
Stocks Screened - 12,234
Long-Term Environment for bears: Unfavorable.
Bear Side - Only one short as stock market rallies after recent pull back.
RLX, based in China, produces e-vapor products. Annual revenues: $3.8 billion Chinese Yuan. RLX's stock falls slightly but undercuts key technical support.
So far today, RLX is trading 15.2 million shares. Its average daily volume is 12.6 million shares.
TTD sees more on the downside even though the stock is low priced.
RLX's stock fell in the morning and undercut support.
The stock touched an intraday low of $3.70 in the morning.
The stock then worked higher to finish at $3.82.
Tape Action
RLX's tape action shows the recent block trades.
One can see the price for the blocks falling from $3.91 in the morning to as low as $3.71 later in the morning.
A key bearish trade came in the morning when a block of 126,318 shares crossed the tape at $3.87.
That was down from the prior block at $3.91 on 46,436 shares.
Business
RLX is a China-based e-vapor company.
The company does scientific research, technology and product development.
RLX provides closed-system rechargeable e-vapor products with various features. The products are primarily sold offline
Earnings:
RLX reported a loss of 8 cents a share in 20202. There were no projects for this year.
Charts:
RLX's daily chart shows the stock falling from $12.50 in May down to $4.20 by July.
Monday, RLX cuts below key support with a modest pick up in volume.
RLX's 6-month performance chart shows the stock down 80% versus an 18% gain for the stock market.
Strategy Opinion: TTD is targeting RLX for a decline to $2.80 within the next few months, or sooner. A protective stop buy can be placed near $4.10.
Suitability: Aggressive Bears.
TTD's Stock Probability research of Prior Performance:
Seasonal Success |
Bearish |
RLX loss avg 12.4% in August prior years. |
TTD's Quality Rating of Stock - RLX - BELOW AVERAGE |
Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500
Insider Buying in Green - Insider Selling in Red
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.)