Daily - Go to TTD's Tape of Stock Charts - Monday, February 3, 2014
|
Daily - Go to TTD's Tape of Stock Charts - Monday, February 3, 2014 |
|
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Tuesday, January 21, 2013 |
|
Go to Video Show - "How to Make Money With Breakout Stocks" |
|---|
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 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: 1-480-926-1680.
Breakout Stocks
Total Buy Breakouts so far today - None
Overall Quality of Breakouts - N/A
Stocks Screened - 8,300
Bull side - No breakout stocks today as stock market falls sharply and broadly. Major averages turn bearish. Bulls watch all positions and be conservative at this time.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Stock Market Momentum
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bearish, Nasdaq Bearish
Market (Monthly) - NYSE Bearish, Nasdaq Bullish
Ticker Tape Digest's
None
(No Breakout Stocks Today. So, TTD Features a Recent Breakout.)
|
TTD's Quality Rating of Stock - CNTY - AVERAGE |
CNTY, based in Colorado Springs, Co., operates gaming casinos with several in Colorado. Annual revenues: $93 million. CNTY, a small cap gaming stock, held its ground well against the big stock market drop on Monday. The stock had a breakout three sessions ago and is still in play. So far today, CNTY is trading a heavy 328,640 shares, almost double its average daily volume of 173,000 shares. 
CNTY had a recent breakout over 6.25. The stock is holding around $6.50.
TTD spotted now breakouts Monday. So, we look at CNTY which is acting well. 
CNTY's 10-minute chart shows the stock clearing its resistance line a few sessions ago.
In the following session it followed through to the upside. Monday, it trended mostly sideways.
The stock's tape action shows the recent block trades.
They show some key accumulation on Monday.
The first bullish block came in the morning when 10,452 shares (duplicated) crossed the tape at $6.67. That was up from the prior block trade at $6.33.
The second bullish block came when 6,006 shares (duplicated) crossed at $6.58. That was up from the prior block trade at $6.50.
That was fantastic accumulation on a day when the stock market took a severe tumble.
CNTY operates a limited-stakes gaming casino in Cripple Creek,Colorado. It also owns other casinos in Colorado and Canada.
In addition, it has 12 shipbased casinos on four cruise line and it also manages casinos in other parts of the world such as South Africa and Poland.
CNTY's 12-month performance chart shows the stock appreciating 125% versus a 20% gain for the S&P 500 index.
The stock has been a good performer in the casino sector which has been doing well.
CNYT's long-term chart shows the stock climbing from 2 back in 2003 to a peak near 12 by 2007 - the top in the prior bull market.
The ensuing bear market was brutal. It dragged the stock back down to around $1 a share. However, the stock put down a bottom and turned up last year. It is now in an up trend.
CNTY's daily chart shows the stock climbing from 4 back in August to around 6 by September. The stock went on to form a base.
It broke out three sessions ago with an expansion in volume.
The stock then followed through to the upside. That was bullish.
CNTY's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) broke out to the upside before the price of the stock.
Analysts expect CNTY to come in with a 68% surge in profits for 2013 to 28 cents a share from 17 cents a share.
Earnings for the fourth quarter should climb 33% to 4 cents a share from 3 cents a year ago.
Turning to 2014, analysts are looking for 26% gain in profits to 36 cents a share from the anticipated 28 cents expected for 2013.
The stock sells with a price-earnings ratio of 18 based on 2014 net. TTD sees that as low making the stock attractive on a valuation basis. 
Profits for the upcoming first quarter should rise 29% to 9 cents a share from 7 cents the year before. The company topped the Street consensus the past two quarters.
Strategy Opinion: CNTY is a good looking previous breakout that continues to hold its ground. The stock is most suitable for aggressive investors. TTD is targeting CNTY for a move to 8.50.
A protective stop can be placed near 5.70. TTD rates CNTY a good intermediate-term play provided earnings meet expectations.
Sponsorship: Average. A key fund buyer recently was the 4-star rated TFS Market Neutral Fund which purchased 267,631 shares. It as a 1.1% stake and the buying was a new position.
Also, the 5-star rated TFS Small Cap Fund was a recent purchaser of 39,237 shares.
CNTY has 24.4 million shares outstanding. Institutions hold 44% of the stock.
Insider Activity: Neutral. Not much activity lately. Right now, 2 analysts have a buy, the same as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Century Casinos Inc. - (CNTY) |
| 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 | 11 | 1 | 2 |
Charts of Selected Breakout Stocks
None
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 - 20 - the max.
Stocks Screened - 8,300
Long-Term Environment for bears: Favorable
Bear Side - Big List of shorts. Bears be venturesome. Stock market falls sharply. Market indicators turn bearish.
DDS, based in Little Rock, Ar., operates department stores selling clothes and home furnishings. Annual revenues: $6.8 billion. DDS's stock breaks to the downside today undercutting key technical support. So far today, DDS is trading 575,109 shares. Its average daily volume is 481,000 shares. TTD sees more on the downside. 
TTD highlighted DDS as a short at our midsession video show on the Web Monday.
There are two key factors in DDS as a short. It has a high beta of 2.18 (see table). That compares with a beta of 1.0 for the stock market. So, the stock tends to be twice as volatile.
Also, technically, the stock is breaking down from a classic "head and shoulder" pattern.
DDS's stock fell steadily in the morning. It hit an intraday low of 83.86. In the afternoon, the stock staged a modest rally to trim some of its deficit.
DDS's tape action shows the recent block trades.
One can see the price for the blocks falling from $88 on Friday to as low as $64.85.
A key bearish trade came in the morning when a block of 1,000 shares crossed the tape at $85.59. That was down from the prior block trade at $87.36.
DDS operates 302 Dillard's stores, including 18 clearance centers, and an Internet store.
The company sells fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
The Company also operates a general contracting construction company, CDI Contractors, LLC and CDI Contractors, Inc., whose business includes constructing and remodeling stores of the Company.
DDS's earnings are expected to rise 17% for the fiscal year ending January of 2014. Going out to fiscal 2015 ending in January, the Street is forecasting a 9% rise in net. So, annual earnings growth will slow.
DDS's daily chart shows the stock breaking down below key technical support. The stock's TTD momentum indicator (top of chart) is bearish. The accumulation - distribution line (bottom of chart) is trending lower showing clear selling pressure.
Strategy Opinion: TTD is targeting DDS for a decline to 75 within the next few months or sooner. A protective stop buy can be placed near 87.50.
| TTD's Quality Rating of Stock - DDS - AVERAGE |
TTD columnist Leo Fasciocco has covered the stock market for over 20 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.”
For information to subscribe to the Ticker Tape Digest Services call: B. J. Owen at 1-480-926-1680. Distributed by Corona Publishing Enterprises. Ticker Tape Digest Inc. P.O. Box 2044 Chandler, Az. 85244-2044. TTD “Professional Report” is available on the World Wide Web: $100 per month. Password needed. “TTD Professional“ Faxed is $200 per month. The TTD Daily Report is $39.95. Credit cards accepted.
(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.)
