Daily - Go to TTD's Tape of  Stock Charts - Friday. March 21, 2014

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance -Friday, March 21, 2014

Ticker Tape Digest

Friday - March 21,  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 - 10

Overall Quality of Breakouts - AVERAGE

Stocks Screened - 8,300

Bull side - Breakout list large considering the stock market's sharp selloff Friday. However, it is extremely selective. Bulls go slow.

 (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

Avnet Inc. (AVT)  - 45.02, up 0.98 - Breakpoint 44.50

Net to Climb 24% This Fiscal Year (June), TTD Targets 54

  AVT, based in Phoenix, is a distributor of electronic components and computer products. Annual revenues: $26.7 billion. AVT's stock breaks out today from a 12-week flat base. The move comes despite a sharp drop in the stock market. AVT is trading a heavy 1.5 million shares, almost double its average daily volume of 807,000 shares.

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

  AVT's stock spiked higher in the morning and cleared its base. (See 10-minute chart)

  The stock then worked a bit higher into the early afternoon.

  Then late in the day it pulled back as the stock market sold off. However, AVT held its breakout.

  AVT's tape action shows the recent block trades.

  One can see the price for the blocks rising from $44.04 on 20,023 shares to a peak of $45.08 on 11,000 shares.

  A key bullish trade came in the morning when a big block of 222,438 shares crossed the tape at $44.20.

  That was up from the prior block of 20,023 shares at $44.04.  

  AVT distributes electronic components and computer products.

 The company is a link in the chain that connects suppliers of semiconductors, interconnect products, passive and electromechanical devices to original equipment manufacturers and contract manufacturers that build electronic equipment.

 AVT markets,distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, computer makers and embedded subsystem providers.

  AVT's 12-month performance chart shows the stock appreciating 24% versus a 20% gain for the S&P 500 index.

  AVT's long-term chart shows the stock climbing from $5 in 2002 to a peak of $44 in 2007, the top in the prior bull market.

  The stock took a dive down to 12 in 2008 as the bear market set in. However, since making that low the stock has been trending higher with measured pull backs. Today, it nears a new high.

  AVT's daily chart shows the stock advancing from 38 in October to $44 by December. The stock then put down a base that exhibited upside resistance at $44.50.

  Today the stock punches through the upside resistance.

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

  The accumulation - distribution line (bottom of chart) has been trending higher nicely. That shows that even though the stock has been a bit volatile there has been steady buying.

  Analysts are forecasting earnings for the fiscal year ending in June will climb 24% to $4.31 a share from $3.47 a year ago.

  The stock sells with a price earnings ratio of just 10. TTD sees that attractive for value investors.

  Looking out to fiscal 2015 ending in June, the Street projects an 11% gain in net to $4.79 a share from the anticipated $4.31 a share for the current fiscal year.

  Earnings for the fiscal third quarter ending in March is expected to rise 19% to $1.07 a share from 90 cents a year ago. The highest estimate on the Street is at $1.10 a share.

  TTD sees good chances for an upside earnings surprise. The company topped the consensus estimate the past six quarters. That is impressive.

  Going out to the fiscal fourth quarter, analysts project a 20% increase in profits to $1.18 a share from 98 cents a year before.

  Strategy Opinion: TTD is targeting AVT for a move to 54 off this breakout. A protective stop can be placed near 42.50.

  TTD rates AVT an average intermediate-term play.

  Sponsorship: Excellent. The largest fund holder is the 4-star rated Artisan Mid Cap Value Fund with a 5.4% stake. It was a recent buyer of 196,349 shares.

  Also, the 4-star rated Hotchkis and Wiley Mid Cap Value Fund was a recent purchaser of 406,600 shares. It has a 1% stake.

  AVT has 128 million shares outstanding.

  Insider Activity: Neutral. Insiders have been just light sellers of the stock. Currently, 8 analysts follow the stock, 5 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 - 7

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Short list expands. Stock market falls sharply Friday.  Bears be selective.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

3-D Systems Corp. (DDD) - 55.93, down 4.54

Profits to Decline 14% This Year, TTD Sees Drop to 48

  DDD, based in Rock Hill, S.C. provides 3-d modeling services. Annual revenues: $513 million. DDD's stock falls sharply today. Analysts cited the news Hewlett Packard was entering the 3-d market for the drop in DDD. So far today, DDD's stock is down sharply. Volume is running at 7.4 million shares for DDD. Its average daily volume is 5.8 million shares.

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

  DDD's stock fell steadily in the morning. By the early afternoon, the stock hit an intraday low of 55.26.

  In the afternoon, the stock lifted a bit, but still remained in the red.

  DDD's tape action shows the recent block trades.

  One can see the price for the blocks declining from $62.68 to as low as $55.90.  

  A key bearish trade came in the morning when a massive block of 213,652 shares crossed the tape at $60.05.

  That was down sharply from the prior block at $60.48.

  DDD is a provider of 3-D Modeling, Rapid Prototyping and Manufacturing solutions.

  Its systems and materials reduce the time and cost of designing products and facilitate direct and indirect manufacturing by creating actual parts directly from digital input.

 These solutions are used for design communication and prototyping  for production of functional end-use parts.

  This year, analysts are forecasting a 14% decline in DDD's earnings to 65 cents a share from 76 cents a year ago. Profits for the first quarter are expected to tumble 39%.

  DDD's daily chart shows the stock trending lower. Today, it cuts sharply below key support. The stock's TTD momentum indicator (top of chart) is bearish.

   Strategy Opinion: TTD is targeting DDD for a drop to 48 within the next few months, or sooner. A protective stop buy can be placed near 58.

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. - 2014

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.)