Daily - Go to TTD's     Chart scroller of  Breakout Stocks    - Thursday, September 21, 2017

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Thursday,  September 21, 2017

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Thursday, September 21, 2017

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, September 18 2017

 

 


Go to Video Show - "How to Make Money With Breakout Stocks


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Ticker Tape Digest

Thursday -  September 21, 2017


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 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)

 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 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's Bargain Buy Trades - Long - Long Term.  These are for conservative bullish Investors These long-term buys are ideally suited for entry into stocks on pull backs within overall up trend. These stocks can give a good return long-term especially during a bull market.

   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.

Quote or chart

   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: 1-480-926-1680.


Thursday - September 21, 2017

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today - 9

Quality of Breakouts - Average

Stocks Screened - 12,234

Bull side -  Selective list of breakouts Thursday, but some interesting plays.

Stock market  - Bullish. All major market indicators remain bullish. However, the Nasdaq daily is still in a trading range and needs to be watched closely.

Stock Market Momentum

(Based on 14 unit 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


Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Thursday

(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 at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  


Today's Featured TTD Breakout Stock

Malibu Boats Inc. (MBUU) - 29.58, up 1.05 - Breakpoint 29.07

Net to Rise 19% in Fiscal 2018 (June), TTD Targets 36

                    TTD's Quality Rating of Stock - MBUU  - ABOVE AVERAGE

  MBUU, based Loudon, Ten., makes and sells sports boats in the U.S. Annual revenues: $282 million. MBUU's stock moves higher Thursday and breaks out from a 13-week, cup-and-handle base. The move carries the stock to a new all-time high. That is bullish.

  TTD highlighted MBUU as a breakout at our midsession video show on the Web Thursday.

  So far today, MBUU is trading 503,366 shares, almost double its average daily volume of 275,000 shares.

  MBUU's stock raced higher in the morning and cleared its breakpoint line.

  It reached an intraday high of $28.88.

  The stock then backed off, but lifted in the afternoon to close above its breakpoint line. (see 10-minute chart)

  Tape Action

  MBUU's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $28.41 in the prior session to as high as $29.99.

  A key bullish trade came late on Wednesday when a block of 6,382 shares (duplicated) crossed the tape at $28.53.

  That was up from the prior block trade at $28.41 on 2,000 shares.   

  Business

  MBUU makes sport boats primarily in the U. S.

  The company sells its boats under two brands: Malibu and Axis Wake Research.

   Its sport boats are used for water sports including water skiing, wakeboarding and wake surfing as well as for general recreation.

  Charts

  MBUU 12-month performance chart shows the stock appreciating a sensational 98% versus a 17% gain for the stock market.

  Insiders were recent light buyers at $25.50 in August. They have done no selling recently.

  MBUU's long-term chart shows the stock coming public in February of 2014 at $17.64.

  The stock rose to a quick peak of $24.90, but then eventually worked to a low of $11.38 by 2016.

  However, since then MBUU has been sailing higher having almost tripled from its low. The breakout to a new all-time high is bullish.   

  MBUU's daily chart shows the stock advancing from $33 back in May to a peak near $29 by July.

  The stock then pulled back and formed its cup-and-handle base.

  The breakout Thursday comes with expanding volume and a widening of the daily spread.

  The CCI momentum indicator is strongly bullish.

  Earnings Outlook

  This fiscal year ending in June of 2018 analysts are forecasting a 19% increase in net to $1.86 a share from $1.56 the prior year.

  The stock sells with a price-earnings ratio of 15. TTD sees that as reasonable.

  Going out to fiscal 2019 ending in June, analysts predict a 12% rise in net to $2.09 a share from the anticipated $1.86 in fiscal 2018.

  Net for the upcoming fiscal first quarter ending in September should be up 19% to 31 cents a share from 26 cents the prior year.

  For the fiscal second quarter, the Street looks for another 19% rise in net to 45 cents a share from 38 cents the year before.

  The company tends to slightly exceed Street estimates.

Strategy Opinion:  TTD is targeting MBUU for a move to 36 off this breakout.

  A protective stop can be placed near $27.50.  TTD rates MBUU an average intermediate-term play.

Suitability:  Average Bulls.

        TTD's special research of  Stock's Prior Performance:  

Probability - Breakout Success - Bullish - MBUU has scored some solid gains off its recent breakouts.

Probability - Earnings Response - Bullish - MBUU rose 7 times after 12 earnings reports when there was a significant change.

Probability:  Seasonal Success - Bullish -  MBUU declined an average of 2.9%  in September the past three years. However, it rose an average of 0.3%  in October and a big 11.2%  in November.


           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

             16%

    6/8/2017      24.48        28.58    7/19/2017

             26%

    4/24/2017      22.60        28.58    7/19/2017

             27%

    11/7/2016      15.62        19.99    12/9/2016
             13%     1/20/2015      19.46        22     2/4/2015

(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 Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red


   Stock's Monthly Seasonal Performance Chart - Past 5 Years

Showing % Months UP and % Change

               


TTD's Breakout Profile Rating
Malibu Boats Inc.  - (MBUU)  
TTD Check List Bullish Bearish Neutral
Near 52-week High YES
Volume YES  
Tick Volume YES
Price Trend - Daily YES  
Price Trend - Long Term YES    
Price Daily Spread YES  
Base Structure YES    
Base - A-D YES
Earnings-Quarterly YES  
Earnings-Long Term YES    
Earnings Outlook YES  
Industry Group YES  
Prior Breakout Success YES  
Fund Sponsorship YES  
Total Score 14 0 0


Charts of Selected Breakout Stocks

                    TTD's Quality Rating of Stock - AGCO - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - HON -  AVERAGE

                    TTD's Quality Rating of Stock - TPRE  - AVERAGE

                    TTD's Quality Rating of Stock - HII  - AVERAGE

 


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 so far today - 3

Stocks Screened - 12,234

Long-Term Environment for bears:  Unfavorable.

Bear Side -  Small list of breakdown stocks Thursday. Bears be conservative. Stock market  still holds an up trend.

  TTD's short from the prior session was General Mills (GIS) at 52.17. Thursday, GIS it closed at 51.69, down 0.48.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Scholastic Corp. (SCHL) - 35.79, down 2.72

Posts Wider Loss for Quarter, TTD Sees Decline to 30

  SCHL, based in New York, produces and distributes educational materials for schools. Annual revenues: $1.7 billion. SCHL's stock falls sharply Thursday and undercuts keep technical support. TTD sees more on the downside.   

  So far today, SCHL is trading 856,271 shares, six times its average daily volume of 153,000 shares.

  SCHL came in with a loss for the fiscal first quarter ended in August of $1.81 a share.

  That was much more than the Street's forecast of a loss of $1.29 a share.

  SCHL gapped lower in the morning and touched an intraday low of $33.51.

  The stock then staged a comeback rally and got to $36.82.

  It then faded back to around $35 and trended sideways through the afternoon.

  Tape Action

  SCHL's tape action shows the recent block trades.

  One can see the price for the blocks falling from $38.54 two sessions ago to as low as $34.76 on Thursday.

  A key bearish trade came Thursday morning when a block of 5,000 shares crossed the tape at $34.93.

  That was down from the prior block trade at $38.51 on 19,682 shares late on Wednesday.

   Business

   SCHL produces children's books, textbooks, magazines, technology and teacher materials.

   It also sells magazines, software, television programming, videos and toys.

Earnings:

  This fiscal year ending in May of 2018 analysts are forecasting a 33% drop SCHL's earnings to $1.24 a share from $1.83 the prior fiscal year.  

Charts:   

  SCHL's daily chart shows the stock shows the stock cutting below key technical support at $38.12. The drop comes with a gap move and expanding volume.

  SCHL's 12-month performance chart shows the stock down 8% versus a 17% gain for the stock market.

  Insiders were recent buyers at $28 to $39 a share. They were light sellers at $45 to $46.

Strategy Opinion:  TTD is targeting SCHL for a decline to $30 within the next few months, or sooner. A protective stop buy can be place near $36.60.

Suitability: Aggressive Bears.

  TTD's special probability research of  stock's Prior Performance:  

Probability - Earnings Response -  Extremely Bearish.  SCHL rose just 3 times out of the past 10 earnings reports when there was a significant change.

Probability:  Seasonal Activity -- Bearish.  SCHL declined an average of 6.4%  in September. It  rose 2.9% in October.  


                    TTD's Quality Rating of Stock - SCHL -  BELOW AVERAGE


   Stock 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. - 2017

TTD columnist Leo Fasciocco has covered the stock market for over 30 years. His articles appear in many publications. He is also a speaker at the Intershow 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.”

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For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-926-1680.

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(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.)