Daily - Go to TTD's Tape of  Stock Charts - Friday, April 12, 2013

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Friday, April 12, 2013

Ticker Tape Digest

Friday - April 12, 2013

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 - 6

Overall Quality of Breakouts - Average

Stocks Screened - 8,300

Bull side - Small breakout list as stock market pauses. Bulls be selective. Stock market holds up trend. Earnings to flow in soon.

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Favorable

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 - April 12

(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

Linkedin Corp. (LNKD) - 185.39, up 5.21 - Breakpoint 180.54

Profit Growth to Accelerate, TTD Targets 215

      LNKD, based in Mountain View, Ca., provides a website for professionals. Annual revenues: $972 million. LNKD's stock breaks out today from a five-week flat bse. The stock had a recent strong move higher earlier this year. Friday's action takes this aggressive internet play to a new all-time high, which is bullish.

  LNKD is up sharply Friday. Volume is running at a heavy 2.6 million shares. Its average daily volume is 1.8 million shares.

  LNKD's 10-minute chart shows the stock moving lower in the morning. Around midday, the stock stock started to move higher.

  In the afternoon, the stock punched through its breakpoint line and made a new high. It held the gain into the final bell.

  LNKD came public about two years ago. It was a hot IPO that had bounced around. Howver, the stock is now in a solid up trend.

  TTD's clip of the tape shows LNKD's recent block trades.   

  One can see the price for the blocks climbing aggressively on Friday from $176.60 to as high as $185.39.

  A key bullish trade came when a block of 13,500 shares crossed the tape at $180.17. That was up sharply from the prior block at $176.60.

  The strong institutional buying continued toward the close.

  Another key bullish trade came late in the session came when a block of 19,479 shares crossed the tape at $185.39. That was up from the prior block at $183.80.

  LNKD is an online professional network which allows members to create, manage, and share their professional identity online.

  Its platform also provides members with applications and tools to search, connect, and communicate with business contacts, learn about career opportunities, join industry groups, research organizations, and share information.

 The company also offers services like hiring solutions, marketing solutions and other services.

  LNKD's stock has appreciated 75% the past 12 months versus a 18% gain for the S&P 500 index. (See chart)

  LNKD's long-term chart shows the stock coming public back in May of 2011. The stock soared to a high of 125.50 last summer. It then pulled back. The push to a new high Friday is very bullish showing strong demand for this speculative internet play.

  LNKD's daily chart shows the stock gapping higher on the earnings news back in February.

  The stock eventually pushed to around 180 where it set up a well formed flat base.

  The breakout today looks solid with expanding volume and a push to a new high.

  The stock's TTD momentum indicator (top of chart) is strongly bullish. It has been mostly bullish for the past two months.

  The accumulation - distribution line (bottom of chart) is in a strong up trend overall. That shows there is consistent and steady buying in the stock. That is bullish.

  The stock;s TTD momentum indicator (top of chart) has been bullish most of the past six months.

  This year, analysts are forecasting a 17% jump in net to 27 cents a share from 23 cents a year ago. The stock sells with a price-earnings ratio of  685. That is extremely high. However, it is justified by the outlook for earnings in 2014.

  Profits for 2014 are projected to soar 242% to 92 cents a share from 27 cents anticipated this year.

  Net for the upcoming first quarter is expected to be up only 4 cents a share, down from 9 cents a year ago. However, the highest estimate on the Street is at 16 cents a share. The prior two quarters LNKD topped the consensus estimate by 9 cents a share or by 900% and 180%. So, they have really surprised big on the upside.

  For the second quarter net is expected to leap 50% to 6 cents a share from 4 cents the year before. The highest estimate on the Street is at 18 cents a share.

  Strategy Opinion: LNKD is a stock most suitable for aggressive investors due to its high p/e ratio.

  TTD is targeting the stock for a move to 215. A protective stop can be placed near 175. TTD rates LNKD an average intermediate-term play due to its high valuation.

  Sponsorship: Excellent. Bullish. The largest fund holder is Fidelity Contrafund, 5-star rated, with a 2.5% stake. It was a recent buyer of 207,594 shares.

  Also, 5-star rated Fidelity Growth Company Fund was a recent purchaser of 185,000 shares. It now has a 1% stake.

  LNKD has 109 million shares outstanding. Institutions hold 92% of the stock.  

  Insider Activity: Bearish. Insiders have been buyers using stock options. The price was not disclosed. They have been steady sellers with the latest selling price being 171. Currently, 26 analysts follow the stock, 11 have a buy, down from 15 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 - 8

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Good number of breakdown stocks today with gold's dominating the bear list. Bears be selective. Stock market still in an up trend. TTD's short from Thursday was Integra Lifesciences (IART) at 35. So far today, IART is down to 33.58 and working well for bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Harmony Gold Mining Ltd. (HMY) - 5.57, down 0.43

Profits to Decline This Fiscal Year,  TTD Sees Side to 3.80

  HMY, based in Randfontein, produces gold from the distrcit of Virginia, Orange Free State. Annual revenues: $2 billion. HMY's stock, like many gold issues today, falls sharply. The gold sector is falling due to the drop in gold prices. So far today, HMY is trading 5.7 million shares, double its normal daily volume of 2.3 million shares.

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

  HMY's stock decline in the morning. It hit an intraday low of 5.49 in the morning. It then lifted slightly and trended sideways through the afternoon.

  The stock did show weakness in the final hour of trading.

  HMY's tape action shows the recent block trades. One can see the price for the blocks declining from $6.04 to $5.52.

  A key bearish trade came in the morning when a massive block of 300,000 shares crossed the tape at $5.70. That was down sharply from the prior block trade at $5.89.

  Earnings for the fiscal third quarter ending in March should be flat at 26 cents a share.

 Overall, for the fiscal year ending in June, profits are projected to decline 12% to 59 cents a share  from 67 cents a year ago.

  HMY's daily chart shows the stock trending lower from 9 back in October to 6. Today's breakdown comes with a gap move to the downside and expanding volume. The stock's accumulation - distribution line (bottom of chart) is in a down trend indicating clear selling pressure.

   Strategy Opinion:  TTD is targeting HMY for a decline to 3.80 within the next few months, or sooner. A protective stop buy can be placed near 6.30.

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.)