Daily - Go to TTD's Tape of Stock Charts - Wednesday, March 30
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Daily - Go to TTD's Tape of Stock Charts - Wednesday, March 30 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 28 |
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Go to Video Show - "How to Make Money With Breakout Stocks" Go to Video Show -TTD Performance 2008 Long and Short |
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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 Trading Strategies Overview and Performance Bullish Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns. Aggressive Investor Bullish- "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit." 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. Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns |
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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.
1 - TTD's Breakout Stocks - Long - (Intermediate-term long plays) these 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.
2 -TTD Quick Trade Stocks - Long - (Short-term long plays 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.
3 - TTD's Bargain Buy Trades - Long - (Long Term long plays. 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.
4 - 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.
Total Buy Breakouts so far today - 24
Overall Quality of Breakouts - ABOVE AVERAGE
Stocks Screened - 8,300
Bull side - Large number of breakouts today as stock market pushes higher. The market has rallied back into its prior trading range. Bulls be selective. Earnings and annual meetings coming up. (Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Neutral
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
(See Top Performing Breakout Stocks for 2011 - Updated March 25)
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TTD's Quality Rating of Stock - RAX - ABOVE AVERAGE |
RAX, based in San Antonio, Tex., provides internet hosting and cloud computing
services. Annual revenues: $781 million. RAX's stock breaks out today from a seven-week flat base.
The stock was recently featured by TTD as one to accumulate.
So far today, RAX is trading a heavy 3.6 million share, almost triple its average daily volume
of 1.5 million shares. 
TTD highlighted RAX as a breakout at our midsession show on the WEB today.
RAX's 10-minute chart shows the stock breaking out in the morning with strong volume.
The stock continued to push higher through the rest of the day. That was impressive given that the stock market just trended sideways.
RAX's tape action shows the recent big block trades.
One can see the price for the blocks climbing from $38.54 to a peak of
$41.09. 
There were two key bullish trades on Tuesday - prior to the breakout.
The first one was 300,000 shares crossing the tape at $39.50, up from the prior block trade at $38.80.
The second came after that when a block of 200,000 shares crossed at $40.20. So, the big institutions buying the stock are sitting pretty now.
RAX offers its products under the Fanatical Support brand. It specializes in web hosting and cloud software services.
The Company’s services are sold to businesses in more than 120 countries.
During the year ended December 31, 2009, RAX served some 90,000 business customers and managed more than 56,000 servers, 1,600,000 e-mail accounts, and 259,000 cloud hosting domains.
RAX's 12-month performance chart shows the stock surging 130% versus a 20% gain for the S&P 500 index.
RAX's long-term chart shows the stock coming public in 2008 and trading at 12. It fell to a low of $4.80 during the bear market. However, since then it has been driving higher. Its push to a new high on Wednesday means it could attract more buying from the new-high crowd on Thursday.
RAX's daily chart shows the stock climbing from 22 to 40. The stock then
formed a well structured flat base above its rising 50-day moving average line. 
The stock's TTD momentum indicator (top of the chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) lags. It should be back to a new peak like the price of the stock. So, the stock needs to be watched carefully.
For 2011, analysts expect RAX to post a 61% increase in net to 56 cents a share from 35 cents a year ago. The stock sells with a price earnings ratio of 68. That is very high.
Going out 2012,Wall Street projects a 46% gain in net to 82 cents a share from the anticipated 56 cents a share for 2011.
Net for the upcoming first quarter should leap 68% to 12 cents a share from 7 cents a year ago. The highest estimate is at 14 cents a share. TTD does not expect any surprises.
RAX tends to come in right at the estimate. Looking out to the second quarter net is expected to jump 66%. Analysts are looking for 13 cents a share, up from 8 cents a year ago.
Strategy Opinion: RAX's breakout is impressive. TTD is targeting the stock for a move to 52, up from our prior target of 50 A protective stop can be placed near 38. TTD rates RAX an average intermediate-term play.
Sponsorship: Very Good. The largest fundholder is 5-star rated Fidelity OTC Fund with a 6.2% stake. It was a recent buyer of 885,334 shares. Also, Fidelity Growth Company Fund, 4-star rated, was a recent purchaser of 868,712 shares. RAX has 127.8 million shares outstanding.
Insider Activity: Neutral. Insiders did some buying with options but then turned around and sold. The latest selling was at $36.75. Currently, 21 analysts follow the stock, 10 have a buy, down from 14 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
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TTD's Breakout Profile
Rating |
| 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 | 13 | 0 | 1 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - BEXP - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - TTC - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - MSC - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - JBHT- ABOVE 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 - 3.
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small number of breakdown stocks today as stock market moves sharply higher. Bears be conservative as market remains in near-term advance.
ACXM, based in Little Rock, Ark., provides marketing technology to firms. Annual revenues: $1.2 billion. ACXM's stock gaps sharply lower today. It projected a quarterly loss and said its chief executive officer resigned. So far today, ACXM is trading a hefty 8.7 million shares, 26 times its normal daily volume of 290,000 shares. TTD sees more on the downside. 
TTD highlighted ACXM as a short at our midsession video show on the Web Wednesday.
ACXM's stock gapped lower in the morning. It touched an intraday low of 12.58 in the morning. The stock then staged a modes rally, but then trended sideways in the afternoon.
TTD's clip of the tape shows heavy institutional selling in the morning and then some buying afterwards.
A key bearish trade came in the morning when 108,200 shares crossed the tape at $13.83. That was down sharply from the prior block trade at $16,06.
ACXM said it expects a loss for the fiscal fourth quarter ended March 31 of 49 cents a share to $1.03 a share. That was a big surprise. The Street was expecting a profit of 24 cents a share. The lowest estimate on the Street was at 22 cents a share. The stock reacted very bearishly to the news.
ACXM produces customer and information management solutions for companies.
The core components of Acxiom's innovative solutions are Customer Data Integration technology, data, database services, IT outsourcing, consulting and analytics.
ACXM's daily chart shows the stock gapping lower on big volume and undercutting key technical support. The stock had been acting well (see accumulation - distribution line at bottom of chart). So, the news comes as a surprise.
Strategy Opinion: TTD is targeting ACXM for a decline to 11 within the next few months or sooner. A protective stop buy can be placed near 14.90.
| TTD's Quality Rating of Stock - ACXM - 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.)
Copyright - 2011 - Ticker Tape Digest - Corona Publishing Enterprises
