Daily - Go to TTD's Tape of Stock Charts - Thursday. April 3, 2014
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Daily - Go to TTD's Tape of Stock Charts - Thursday. April 3, 2014 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 31, 2013 |
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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 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 - 3
Overall Quality of Breakouts - ABOVE AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list small as stock market moves sharply lower. Bulls be conservative. Stock market
large with some good looking plays. Paper and Aerospace stocks breaking out. 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 Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bearish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - LRCX - ABOVE AVERAGE |
LRCX, based in Fremont, Ca., makes semiconductor processing equipment. Annual revenues: $4 billion. LRCX's stock breaks out today from a 12-week, cup and handle base today. The move carries the stock to close to its all-time high of 60.62. So far today, LRCX is trading 3.7 million shares. Its average daily volume is 1.9 million shares. 
LRCX's stock rose sharply in the morning. It hit an intraday high of 58.94. The stock then backed off but held above its breakpoint line.
In the final hour of trading, the stock moved higher to finish firm.
TTD's clip of the tape shows the recent block trades.
One can see the price for the blocks climbing from $55.62 to as high as $58.70.
A key bullish trade came in the morning when a block of 40,000 shares crossed the tape at $58.66.
That was up sharply from the prior block trade at $56.97 on a massive block trade of 525,000 shares.
The price for the blocks drifted a lower late in the session.
LRCX makes semiconductor processing equipment used in the fabrication of integrated circuits.
The company is a supplier of front-end wafer processing equipment to the worldwide semiconductor industry.
LRCX's products are used selectively to etch away portions of various films to create an integrated circuit.
LRCX's 12-month performance chart shows the stock appreciating 42% compared with a 22% gain for the S&P 500 index.
The stock showed good insider buying in February.
LRCX's long-term chart shows the stock coming up against long-term resistance at 58 to 60. A push through that zone would be very bullish long-term.
LRCX's daily chart shows the stock attempting a breakout back in March. However, it faded back/.
The stock then regrouped over the next few weeks. Today, it breaks out and clears all resistance which included a resistance zone. 
The stock is showing a pickup in volume which is bullish. Also the breakout comes on a down day in the market. That shows the stock is displaying strong relative strength.
LRCX's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) is in a strong up trend now from its low in February.
This fiscal year ending in June analysts are forecasting a hefty 86% surge in profits to $4.12 a share from $2.22 a year ago.
The stock sells with a price-earnings ratio of 13. TTD sees that as attractive to some value players.
Going out to fiscal 2015 ending in June, the Street projects a 14% gain in profits to $4.70 a share from the anticipated $4.12 this fiscal year.
For the upcoming fiscal third quarter ending in March, analysts look for a 164% surge in profits to $1.16 a share from the 44 cents a year ago.
The highest estimate on the Street is at $1.18 a share. TTD sees good chances for an upside earnings surprise. The past four quarters LRCX topped the consensus estimate by 7 cents a share, 10 cents, 7 cents and 6 cents. 
Looking ahead to the fiscal fourth quarter ending in June, the Street expects a 32% gain in profits to $1.06 a share from 80 cents a year ago.
Strategy Opinion: TTD is targeting LRCX for a move to 68 after a breakout. A protective stop can be placed near 54 after a breakout.
TTD rates LRCX an above average intermediate-term play provided earnings remain on course.
Sponsorship: Average. The largest fund holder is the 4-star rated Artisan Mid Cap Value Investor Fund with a 3.3% stake. The fund was a recent buyer of 141,057 shares.
Also, the 5-star rated JPMorgan US Equity Institutional Fund was a recent purchaser of 382,242 shares.
Insider Activity: Neutral. Just light selling by insiders around $49 to $56. Quite a few stock options recently issued. No price was given.
Currently, 15 analysts follow the stock, 13 have a buy, up from 12 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Lam Research Corp. - (LRCX) |
| 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 - PACW - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - MTDR - 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 - 7
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Short list expands as stock market moves lower. Bears be selective.
LNKD, based in Mountain View, Ca., provides an online network for professionals. Annual revenues: $1.5 billion. LNKD's stock falls today and undercuts key technical support. So far today, LNKD is trading 3 million shares. Its average daily volume is 2.6 million shares. TTD sees more on the downside. 
LNKD's stock moved lower in the morning and then hit an intraday low of 175.41 in the afternoon.
The stock trended mostly in the late afternoon.
LNKD's tape shows the recent block trades.
One can see the price for the blocks declining from $189.99 in the prior session to as low as $176.26 on Thursday.
A key bearish trade came when a block of 26,515 shares crossed the tape at $181.95.
That was down from the prior block trade at $183,38 on 26,175 shares.
LNKD's network provides professionals to be able to access shared knowledge and insights, and find business opportunities.
The system allows one to learn about career opportunities, join industry groups, research organizations, and share information.
This year, analysts are forecasting a loss of 2 cents a share compared with a profit of 33 cents the year before.
LNKD's daily chart shows the stock trending lower from around $250 back in September down to around 185. Today, LNKD's stock cuts below key support. The stock's accumulation - distribution line (bottom of chart) is in a down trend indicating clear selling pressure.
Strategy Opinion: TTD is targeting LNKD for a decline to 145. A protective stop buy can be placed near 182.
| TTD's Quality Rating of Stock - LNKD - 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.)
