Daily - Go to TTD's Tape of Stock Charts - Friday, March 27, 2015
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Daily - Go to TTD's Tape of Stock Charts - Friday, March 27, 2015 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 23, 2015 |
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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 high 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 - 4
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list small and very selective. Auto parts stock breaking out. Stock market now in a trading range. Bulls be conservative.
(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 Bullish, Nasdaq Bullish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - AZO - AVERAGE |
AZO, based in Memphis, Ten., operates stores selling auto parts. Annual revenues: $9.8 billion. AZO's stock, a leader, breaks out today from a four week flat base and hits a new high. So far today, AZO is trading 384,811 shares. Its average daily volume is 307,000 shares. 
TTD spotted other auto parts stock moving strongly Friday. The sector has been working higher very nicely the past few years.
TTD highlighted AZO as a breakout at our midsession video show on the Web Friday. 
AZO's stock drove higher in the morning and cleared its breakpoint.
The stock worked higher through the session and closed near its high for the session. That is bullish and bodes well for a follow through on Monday.
AZO's tape action shows the recent block trades.
One can see the price for the blocks climbing from $658.76 in the prior session to as high as $681.34 near the close.
A key bullish block crossed in the morning when 1,536 shares traded at $664.15.
That was up from the prior block the day before at $658.76 on 1,000 shares. 
Then late in the day a massive block of 18,933 shares crossed at $681.34.
That was up from the prior block at $679.79 on 1,200 shares.
The late block indicated heavy institutional accumulation.
AZO sells auto replacement parts and accessories in the U.S.
The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured auto hard parts and non-auto products.
It also sells A/C compressors, batteries and accessories, belts and hoses, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, thermostats, starters and alternators, and water pumps.
In addition, AZO sells maintenance items like antifreeze and windshield washer fluid; brake drums, rotors, shoes, and pads; brake and power steering fluid, oil, and fuel additives and transmission fluid.
AZO's 12-month performance chart shows the stock appreciating 30% versus a 12% gain for the stock market.
AZO's long-term chart shows the stock climbing from 87 back in 2006 to 400 by 2012. The stock then consolidated for several months.
In 2013, AZO broke out again and has since raced to a new all-time high. The push to a new high could bring in more buying Monday. 
AZO's daily chart shows the stock advancing from 570 in January to a peak near 670.
The stock then put down a base above its 50-day moving average line.
The breakout today clears the base nicely.
AZO's TTD momentum indicator (top of chart) has been bullish for the past three months.
The Accumulation - Distribution line (bottom of chart) is trending higher and shows good underlying buying.
This fiscal year ending in August analysts forecast a 14% increase in AZO's earnings to $35.91 a share from $31.57 a year ago. 
The stock sells with a price-earnings ratio of 19. TTD sees that as reasonable.
Looking out to fiscal 2016 ending in August, the Street projects a 12% rise in net to $40.30 a share from the anticipated $35.91 in the current fiscal year.
Net for the upcoming fiscal third quarter ending in May is expected to rise 13% to $9.52 a share from $8.46 a year ago.
AZO tends to top the consensus Street estimate. (See table)
Going out to the fiscal fourth quarter ending in August, the analysts expect a 13% rise in net to $12.71 a share from the $11.28 the year before.
Strategy Opinion: TTD is targeting AZO for a move to 800 off this breakout. A protective stop can be placed near 669.
TTD rates AZO a conservative breakout play. There is a good chance for a stock split and the stock could move higher if that happens.
Sponsorship: Excellent. The largest fund holder is the 5-star rated T. Rowe Price Capital Appreciation Fund with a 3% stake. It was a recent seller of 71,500 shares.
A key fund buyer recently was the 4-star rated Fidelity Contrafund which purchased 14,328 shares. It has a 1.2% stake.
AZO has 31.9 million shares outstanding. Institutions hold 95% of the stock and insiders 1%.
Insider Activity: Neutral. Insiders have been recent sellers around $658. They were buyers using stock options $119 to $159.
Right now, 27 analysts follow the stock, 10 have a buy, up from 9 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Autozone Inc. - (AZO) |
| 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 - ORLY - AVERAGE |
| TTD's Quality Rating of Stock - HLT - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - VRNT - 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 - 6
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Stock market lifts Friday. However, It remains in a near-term trading range. TTD's short from Thursday was Ezcorp (EZPW) at 9.56. Friday, the stock has declined to 9.46 and is working well for bears.
TSLA, based in Palo Alto, Ca., makes electric cars and components. Annual revenues: $3.2 billion. TSLA's stock, a former leader, breaks to the downside today and undercuts key technical support. TTD sees more on the downside. 
So far today, TSLA is trading 8.5 million shares. Its average daily volume 5.2 million shares.
TSLA was highlighted by TTD as a short at our midsession video show on the Web Friday.
TSLA's stock declined in the morning and into the mid-after touching an intraday low of 181.40.
The stock then lifted a bit in the final to shave off some of its loss.
TSLA's tape action shows the recent block trades.
One can see the price for the blocks falling from $191.87 in the prior session to as low as $181.58 on Friday.
A key bearish trade came in the morning when a block of 38,814 shares (duplicated) crossed the tape at $189.11.
That was down from the prior block trade at $190.40 on 33,162 shares.
Tesla sells electric vehicles, electric vehicle powertrain components, and stationary energy storage systems in the U.S., China, and Norway.
It also provides development services to develop electric vehicle powertrain components and systems for other automotive manufacturers.
The company sells its products through a network of Tesla stores and galleries, as well as through Internet.
This year, analysis are forecasting a loss of 75 cents a share compared with a loss of 96 cents a year ago. For the upcoming first quarter, they look for a loss of 74 cents a share compared with a loss of 16 cents a year ago.
TSLA's daily chart shows the stock trending lower to around 184. Today, the stock cuts below support with volume picking up. The TTD momentum indicator (top of chart) is now bears.
Strategy Opinion: TTD is targeting TSLA for a decline to 150 within the next few months, or sooner. A protective stop buy can be placed near 190.
| TTD's Quality Rating of Stock - TSLA - 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: Beverly 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.)
