Daily - Go to TTD's Tape of Stock Charts - Wednesday. March 5, 2014 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 3, 2013 |
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.
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 - 20
Overall Quality of Breakouts - BELOW AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large but extremely selective. Bulls be conservative. Stock market still holds in rally phase within overall bull market.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Stock Market Momentum
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - CAMP - ABOVE AVERAGE |
CAMP, based in Oxnard, Ca., makes products for the wireless communications industry. Annual revenues: $224 million. CAMP, a small cap play, breaks out from an eight-week, cup-and-handle base. The move carries the stock to a 13-year high. So far today, CAMP is trading 1651,954 shares, its average daily volume is 802,000 shares.
TTD highlighted CAMP as a breakout at our midsession video show on the Web Wednesday. The stock did edge out of the base in the prior session. The move today confirms the upside action.
The stock rose modestly in the morning and then hit an intraday peak of 34.85 around noon. The stock then backed off slightly and trended sideways.
(See 10-minute chart.
The stock's tape action shows heavy institutional buying on two key block trades.
The first came when a block of 12,448 shares (duplicated) crossed the tape at $34.08. That was up from the prior block at $33.92.
The second one came when a block of 25,199 shares (duplicated) crossed the tape at $34.41 on 25,199 shares.
That was some impressive buying.
CAMP provides wireless communications solutions applications.
Its business include its Wireless DataCom and Satellite business segments.
Wireless DataCom offers solutions for Machine-to-Machine, or M2M, communications, Mobile Resource Management, or MRM, applications and other emerging applications that require anytime and everywhere connectivity.
Its portfolio of wireless communications products includes asset tracking devices, targeted telematics platforms, fixed and mobile wireless gateways and full-featured, multi-mode wireless routers.
Satellite segment produces and sells direct-broadcast satellite (‘DBS’) outdoor customer premise equipment and whole home video networking devices for digital and high definition satellite television services.
CAMP'12-month performance chart shows the stock appreciating 210% versus a 25% gain for the S&P 500 index. CAMP is one of the strongest small cap plays in the market with strong earnings.
CAMP's long-term chart shows the stock climbing from 3 back in 2003 to as high as 17 in early 2004. The stock then faded back the next several years and was impacted hard by the bear market. It fell to as low as 37 cents a share in 2008.
However, the stock trended sideways and then began to work higher in 2012. The past three years it has been extremely strong soaring from 3 to its peak of 34.
CAMP's daily chart shows the stock climbing from a breakout at 17 in early October to a peak of 33 by mid-January.
The stock then formed a cup-and-handle base mostly above its rising 50-day moving average line - an ideal setup.
The stock pushed over the breakpoint slightly in the prior session. Today, it clears the base nicely.
The stock's TTD momentum indicator (top of chart) has been mostly bullish the past six months.
The accumulation - distribution line (bottom of chart) has broken out to the upside that compliments the price action.
This fiscal year ending in February, analysts are forecasting at 22% gain in net to 72 cents a share from 59 cents a year ago.
Annual profit growth should accelerate in fiscal 2015 ending in February. The Street projects a 34% gain in net to 97 cents a share from the anticipated 72 cents this year.
Quarterly earnings growth will be strong.
Net for the upcoming fiscal fourth quarter ending in February is expected to jump 46%to 20 cents a share from 14 cents a year ago.
The highest estimate is at 20 cents a share. TTD sees good chances for CAMP topping the estimate by a few cents (see table)
Gong out to the fiscal first quarter ending in March profits are project to leap 50% to 21 cents a share from 14 cents the year before.
Strategy Opinion: TTD is targeting CAMP for a move to 43 off this breakout. A protective stop can be set near 31.50.
TTD rates CAMP a good intermediate-term play due to its solid earnings acceleration outlook.
Sponsorship: Good. The largest fund holder is 3-star rated Columbia Acorn Z Fund with a 2.6% stake. It has held its position steady.
The 4-star rated Vanguard Explorer Fund was the largest buyer recently purchasing 218,150 shares. It has a 2.1% stake.
CAMP has 35.6 million shares outstanding. Institutions hold 69% of the stock.
Insider Activity: Bearish. Insiders were buyers using stock options from $1.07 to $7.38. They were sellers around $28 recently. Currently, 4 analysts follow the stock and 3 have a strong buy, down from 4 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
TTD's Breakout Profile
Rating Calamp Corp. - (CAMP) |
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 | 0 | 3 |
Charts of Selected Breakout Stocks
TTD's Quality Rating of Stock - POWI - AVERAGE |
TTD's Quality Rating of Stock - SAIA - AVERAGE |
TTD's Quality Rating of Stock - FENG - AVERAGE |
TTD's Quality Rating of Stock - WFC - 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 - Just two short plays today. Stock market continues mixed after two volatile session. Bears remain conservative. TTD's short from Tuesday was McDermott Intl. (MDR) at 7.42. Today, the stock has edged down to $7.38.
UIL, based in New Haven, Ct., is a utility holding company provided energy services. Annual revenues: $1.6 billion. UIL, a conservative play, breaks to the downside today with a pickup in volume. So far today, UIL is trading 730,159 shares. Its average daily volume is 420,000 shares. TTD sees more on the downside.
UIL's stock was highlighted as a short at TTD's midsession video show on the Web Wednesday.
The stock declined in the morning. It hit an intraday low of 35.72. It rebounds a bit around midday.
However, it then faded back near its morning low and trended sideways the rest of the session.
UIL's tape action shows the recent block trades.
One can see the price for the blocks falling from $37.02 in the prior session to as low as $35.67 Wednesday morning.
UIL is the holding company for The United Illuminating Company and United Resources. United Illuminating is a New Haven-based regional distribution utility that provides electricity and energy services to customers in New Haven and the Greater Bridgeport areas.
This year, analysts are forecasting a 5% decline in profits to $2.28 a share from $2.39 a year ago.
UIL's chart shows the stock cutting below key technical support. The stocks TTD momentum indicator (top of chart) has turned very bearish.
Strategy Opinion: UIL is a conservative short play. TTD is targeting the stock for a decline to 31. A protective stop can be placed near 37.
TTD's Quality Rating of Stock - UIL - BELOW 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.)