Daily - Go to TTD's Tape of  Stock Charts - Friday. March 7, 2014

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance -Friday, March 7, 2014

Ticker Tape Digest

Friday - March 7, 2014

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.

 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 - 15

Overall Quality of Breakouts - AVERAGE

Stocks Screened - 8,300

Bull side - Breakout list large with some new names. Bulls can be venturesome. Banking issues moving higher.  Stock market holds in up trend.  

 (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

Timely Breakout Stocks From Tape Action - Friday

(See Top Performing Breakout Stocks for 2011- 2012)

(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

Korn Ferry International Inc. (KFY) - 29.22, up 3.39 - Breakpoint 26.61

Profits top Street Estimates, TTD Targets 35

  KFY, based in Los Angeles, provides executive recruitment services. Annual revenues: $932 million. KFY's stock breaks out today from an 11- week, cup-and-handle base. The move carries the stock to a 13-year high. So far today, KFY is trading a heavy 2.5 million shares, seven times its average daily volume of 362,000 shares.

  TTD highlighted KFY as a breakout at our midsession video show on the Web Friday.

  The stock's push higher was triggered by strong earnings for the fiscal third ending January 20 of 43 cents a share. That topped the consensus estimate of 34 cents a share. The stock responded very bullishly to the news.

KFY's stock rose sharply at the opening to clear its breakpoint (see 10-minute chart).

  The stock then continued to work higher into the afternoon reaching an intraday peak of 29.72, well above its breakpoint at 26.61.

  KFY come in with fiscal third quarter earnings of 43 cents a share, up sharply from 20 cents a year before. The results excluded restructuring costs.

  Revenues rose 20% to $251 million

  KFY's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $25.83 late on Thursday to as high as $29.39.

  A key bullish block crossed near Friday's close at $29.35 on 38,225 shares. That was up from the prior block at $29.32 on 5,000 shares.

  The strong finish for the session gives good indications of a possible follow through on Monday.

  KFY is an executive recruitment firm with the broadest global presence in the executive recruitment industry.

  KFY provides executive recruitment services exclusively on a retained basis and serve the global recruitment needs of clients from middle to executive management.

 The company's clients are many of the world's largest public and private companies, middle-market and emerging growth companies as well as governmental and not-for-profit organizations.

KFY's 12-month performance chart shows the stock appreciating 62% versus a 21% gain for the S&P 500 index.

KFY's long-term chart shows the stock climbing from 6 back in 2003 to a peak of 27 in 2007, the top in the prior bull market. The stock then fell back to 7 by 2009 due to the bear market.

  However, since the stock has been working higher. The push to a multi-year his is bullish.

  KFY's daily chart shows the stock breaking out from its base with a gap move and big volume. That is the response to the favorable earnings.

 KFY's tape action as shown by the early rise in the accumulation - distribution line was a harbinger of the potential good results.

  The AD line also showed good underlying buying.

  KFY's TTD momentum indicator (top of the chart) is strongly bullish.

  Analysts are forecasting KFY's earnings for the fiscal year ending in April 2014 to climb 32% to $1.45 a share from $1.10 the year before.

  The stock sells with a price-earnings ratio of 20. TTD sees that as reasonable.

  Earnings for the upcoming fiscal fourth quarter ending in April should climb 16% to 37 cents a share from 32 cents the year before.

  The company has topped the Street consensus estimate the past eight quarters.

  Going out to fiscal 2015, analysts project a 15% gain in profits to $1.67 a share from  the anticipated $1.45 in fiscal 2014.

  Profits for the first quarter of fiscal 2015 ending in July should rise 21% to 40 cents a share from 33 cents the year before.

  Strategy Opinion: TTD is targeting KFY for a move to 35 off this breakout. A protective stop can be placed near 26.50.

  TTD rates KFY an average intermediate-term play.

  Sponsorship: Very Good. A key fund buyer recently was the 5-star rated Skyline Special Equities Fund which purchased 97,700 shares. It is the third largest fund holder with a 1.6% stake.

  The largest fund holder is the 4-star rated Oppenheimer Main Street Small Cap Va. Fund with a 1.7% stake. It held its position steady.

  Insider Activity: Neutral. Insiders have been light sellers recently around $25. Right now, 4 analysts follow the stock, 3 have a buy, the same as three months ago.

Stock Performance Chart with Quarterly Earnings Markers.

Charts of Selected Breakout Stocks

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 - 6

Stocks Screened - 8,300

Long-Term Environment for bears: Neutral

Bear Side - Small list of shorts today, but some interesting plays. Bears remain conservative. TTD short play from Thursday was Epizyme Inc. (EPZM) at 27.50. The stock is trading at 27.03 and working well for bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Mobile Telesystems OJSC (MBT) - 15.88, down 0.61

Stock Cuts Below Support, TTD Sees Decline to 12

  MBT, based in Moscow,  is a telecommunications provider in Russia. Annual revenues: $392 million. MBT's stock declines Friday and falls below key technical support. The move sets off a TTD short. So far today, MBT is trading 4 million shares. Its average daily volume is 3.8 million shares.

 TTD highlighted MBT as a short at our midsession video show on the Web Friday.

  The stock fell sharply in the morning. It hit an intraday low of 15.78 around midday. The stock then trended sideways the rest of the session.

  MBT's tape shows the recent block trades.

  One can see the price for the blocks declining from $16.49 to as low as $15.84 on 9,380 shares in the early afternoon.

  A key bearish trade came in the morning when a block of 25,000 shares crossed at $16.04. That was down sharply from the prior block at $16.31 on 7,901 shares.

  MBT provides mobile and fixed line voice and data telecommunications services, including transmission, broadband, pay-TV and various value-added services.

  It provides mobile cellular communications services in Russia, Ukraine, Armenia and Turkmenistan.

 Services offered include: Network Access, Automatic Roaming, Value-Added Services, GPRS and Internet Access, 3G Technology, LTE Technology and Other Services.

Analysts are forecasting a 28% decline in MBT's earnings for the fourth quarter to 42 cents a share from 58 cents a year before. Overall, for 2013, the Street expects net to be down 7% to $1.97 a share from $2.12 the prior year.

  Looking ahead to 2014, they see net rising 3% to $2.04 a share from the anticipated $1.97 in 2013.

  MBT's daily chart shows the stock trending lower to around 16. The stock tried to form a bottom. However, today, it once again cuts below support. The stock's TTD momentum indicator (top of chart) is strongly bearish.

   Strategy Opinion:  TTD is targeting MBT for a decline to 12 within the next few months, or sooner. A protective stop buy can be placed near 17.

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. - 2013

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.)