Daily - Go to TTD's Tape of Stock Charts - Monday. February 24, 2014
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Daily - Go to TTD's Tape of Stock Charts - Monday. February 24, 2014 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, February 24, 2013 |
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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 trades. We also feature stocks under Significant Accumulation that are poised to breakout.
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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 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 - 18
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large with some good looking plays. Dow rallying within a trading range. Nasdaq has pushed out of the range. Bulls be selective.
(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 Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bearish, Nasdaq Bullish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - CLR - ABOVE AVERAGE |
CLR, based in Oklahoma City, Ok. produces oil and gas. Annual revenues: $3.3 billion. CLR's stock is a leader in the energy sector. Today, CLR breaks out from a 20-week, cup-and-handle base. The move carries the stock to a new all-time high, which is bullish. So far today, CLR is trading 1.7 million shares. Its average daily volume is 1.2 million shares. 
TTD highlighted CLR as a breakout at our midsession video show on the Web Monday.
CLR's stock drove higher in the morning and then trended sideways. It hit an intraday peak of 124.54 in the afternoon.
Late in the session it trended sideways giving a little ground. 
(See 10-minute chart)
CRL's tape action shows the recent block trades.
One can see the price for the blocks advancing from $118.18 a few sessions ago to as high as $124.12.
A key bullish trade came in the morning when a block of 15,869 shares crossed the tape at $119.14. That was up from the prior block trade at $118.73.
Then late in the session a bullish block of 26,133 shares crossed at $124.12.
That was up from the prior block at $123 on 13,500 shares. 
CLR is an oil and natural gas exploration and production company.
It has operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States.
The company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and gas reserves from unconventional formations.
CLR's 12-month performance chart shows the stock appreciating 50% versus a 23% gain for the S&P 500 index.
The chart also shows heavy insider buying in December. The stock has performed well after that.
CLR's long-term chart shows the stock coming public in 2007 at $14.97. It surged to a peak of 83 in 2008. However, the stock then fell back quickly to around 12 due to the bear market.
Since then, though, the stock has been trending steadily higher. It has made a sensational 10-fold move. The breakout today carries the stock to a new high.
CLR's daily chart shows the stock climbing from 90 in July to a peak of 120 in October. The stock then began to base.
It pulled back to form a cup-and-handle base.
The stock's breakout today comes with a nice widening of its daily trading spread (range from high to low).
The stock's accumulation - distribution line (bottom of chart) broke out to the upside prior to the price of the stock. That shows good underlying buying.
The stock's TTD momentum indicator (top of chart) is strongly bullish.
Analysts are forecasting CLR will come in with a 61% jump in earnings for 2013 to $5.41 a share from $3.36 a year before.
Profits for the fourth quarter should climb 26% to $1.31 a share from $1.04 a year before.
The highest estimate on the Street is at $1.63 a share. TTD sees very good chances for an upside earnings surprise. The past four quarters, CLR toppped the consensus estimate by 13 cents a share, 7 cents, 3 cents and 15 cents. (See table. 
Looking out to 2014, the Street projects a 30% gain in earnings to $7.03 a share from the anticipated $5.41 for 2013.
The stock sells with a price earnings ratio of 17. TTD sees that as low making the stock a good value-growth play.
Net for the first quarter of 2014 should climb 32% to $1.54 a share from the $1.17 the year before.
Strategy Opinion: TTD is targeting CLR for a push to $150. The stock is in a good spot to have a stock split which could drive it higher. A protective stop can be placed near 119.
TTD rates CLR a good intermediate-term play provided earnings remain on course.
Sponsorship: Very Good. The largest fund holder is Fidelity Growth Company Fund, 5-star rated, with a 1.4% stake. It was a recent seller of 22,100 shares.
The second largest fund holder is 4-star rated Fidelity Contrafund with a 1.3% stake.
It was a recent buyer of 110,000 shares. CLR has 186 million shares outstanding. Institutions hold 23% of the stock.
Insider Activity: Slightly Bearish. Insiders have been recent sellers around $102 to $113. They were light buyers around $102. Currently, 22 analysts follow the stock, 15 have a buy, up from 12 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Continental Resources Inc. - (CLR) |
| 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 - LVS - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - CP - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - UEIC - AVERAGE |
| TTD's Quality Rating of Stock - DPZ - 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 so far today - 2
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Only one short today. Stock market continues to rally. Bears remain conservative. TTD's short from Monday was National Cinemedia Inc. (NCMI) at 15.76. It is trading at 15.66 and working okay for bears.
KMR, based in Houston, Tex., operates gasoline pipelines. Annual revenues: N/A. KMR's stock gaps lower today as volume swells to 2.8 million shares, five times its average daily volume of 497,000 shares. The company was the subject of a negative story in Barrons talking about KMR's accounting. 
TTD highlighted KMR as a short at our midsession video show on the Web Monday.
KMR's stock fell sharply in the morning. It staged a weak rally and then at midday it was down to $70.26.
The stock then trended sideways the rest of the day unable to mount an effective rally.
KMR's tape action shows the recent block trades.
One can see a key bearish block crossing in the morning when a block of 68,182 shares crossed the tape at $71.70.
That was down sharply from the prior block at $74.06.
The tape showed heavy institutional selling pressure.
KMR operates pipelines transporting some two million barrels a day of gasoline, jet fuel, diesel fuel and natural gas liquids through more than 10,000 miles of pipelines.
The products pipelines segment also includes associated storage terminals and transmix processing facilities. It is America's largest pipeline master limited partnership.
This year, analysts are forecasting a 16% increase in net to $2.50 a share from $2.16 a year ago.
KMR's daily chart shows the stock gapping lower on big volume. The stock's accumulation - distribution line (bottom of chart) has rolled over again. That shows heavy selling pressure.
Strategy Opinion: TTD is targeting KMR for a decline to 62. A protective stop buy can be placed near 72.
| TTD's Quality Rating of Stock - KMR - 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.)
