Daily - Go to TTD's Chart scroller of  Breakout Stocks - Wednesday, April 12, 2017

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Wednesday, April 12, 2017

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Wednesday, April 12 2017

Ticker Tape Digest

Wednesday - April 12, 2017

TTD does not publish Thursday. Friday the market is closed. We resume Monday

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 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.

Wednesday - April 12, 2017

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today - 7

Quality of Breakouts - Below Average

Stocks Screened - 12,234

Bull side - Very selective list of breakouts Wednesday. Bulls be conservative and watchful.

Stock market  - Daily average break below the 14-day M/A. The market is now at the lower end of a consolidation pattern. The long-term trend holds.

Stock Market Momentum

(Based on 14 unit moving average)

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Wednesday

(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

Healthcare Services Group Inc. (HCSG) - 45.55, up 3.37 - Breakpoint 43.95

Net Tops Estimates, TTD Targets 53

  HCSG, based in Bensalem, Pa., provides housekeeping and dietary services to healthcare facilities. Annual revenues: $1.6 billion. HCSG's stock breaks out Wednesday from a five-week flat bas. The move carries the stock to a new all-time high. That is bullish.

  TTD highlighted HCSG as a breakout at our midsession video show on the Web Wednesday.

  So far today, HCSG is trading a heavy 1.4 million shares, four times its average daily volume of 362,000 shares.

  The breakout was triggered by better than expected earnings and a boost in the dividend rate.

  HCSG's stock spiked higher in the morning to clear its breakpoint line.

  The stock reached an intraday high of $46.87.

  HCSG then trended mostly sideways the rest of the day holding the bulk of its gain.

  The company came in with earnings for the first quarter of 30 cents a share topping the 29 cents projected by the Street.

  HCSG also raised its quarterly dividend to 18.75 cents a share.

   Tape Action

  HCSG's tape action shows the recent block trades.

One can see the price for the blocks climbing from $42.18 in the prior session to as high as $45.84.

  A key bullish trade came in the morning when a block of 7,090 shares (duplicated) crossed the tape at $45.11.

  That was up from the prior block trade at $42.18 on 36,583 shares.

  Then near the close a block of 37,074 shares (duplicated crossed at $45.55.

  That was up sharply from the prior block trade at $45.45 on 3,000 shares.

   Business

 HCSG housekeeping, laundry, linen, facility maintenance and dietary service for nursing homes, retirement complexes, rehabilitation centers and hospitals in the U.S.

 The company operates through two segments: housekeeping, laundry, linen and other services (Housekeeping), and dietary department services (Dietary).

 Its housekeeping provides cleaning, disinfecting and sanitizing resident rooms and common areas of a client's facility.

 Its dietary services consist of managing  food purchasing, meal preparation and providing professional dietitian services.

Charts

 HCSG's 12-month performance chart shows the stock appreciating 24% versus a 15% gain for the stock market.

  The stock moved higher after its prior earnings report. Insiders were recent buyers using stock options at $10 to $14 a share. They were recent sellers at $35 to $40 a share.

  HCSG's long-term chart shows the stock reaching a peak of $16.44 in early 2008. The stock then pulled back to $8.42 in late 2008 due to the bear market.

  Since then, HCSG has been in a steady up trend rising to $45.

 It has gone through five stock splits of 3-for-2 the past 10 years. That is impressive.

  HCSG's daily chart shows the stock climbing from $35 back in November to a peak near 44 by March.

  It set up a short base and breaks out with a big widening of the daily spread and heavy volume.

  The stock's CCI momentum indicator is strongly bullish.

  Earnings Outlook

  This year, analysts are forecasting 13% increase in net to $1.19 a share from the $1.05 a year ago.

  The stock sells with a price-earnings ratio of 37. That is high given the earnings growth rate.

  Going out to 2018, the Street predicts a 13% increase in net to $1.34 a share from the anticipated $1.19 this year.

  Net for the  upcoming second quarter should rise 12% to 29 cents a share from 26 cents the year before.

  Profits for the third quarter should increase 10% to 30 cents a share from 27 cents the year before.   

Strategy Opinion:  TTD is targeting HCSG for a move to $53 off this breakout. A protective stop can be placed near $42.

  TTD rates HCSG an average intermediate-term play.

Suitability:  Conservative Bulls.

        TTD's special research of  Stock's Prior Performance:  

Probability - Breakout Success - Average. HCSG has scored modest gains off its breakouts. The stock is in an overall long-term up trend that has been slow and steady.

Probability - Earnings Response -  Average. HCSG has moved higher 7 times after 14 earnings reports where there was a significant move.

Probability:  Seasonal Success - Average. HCSG has decline an average of 2% in April for the past five years. However, May is one of its better months. It has moved higher in May five years in a row with an average gain of 2.3%.

           Stock's Prior Performance After A Breakout

(In actual trading, entry and exit points could vary depending on broker execution.

Also, ideal are breakouts to a new 52-week high or better, perhaps all-time highs.)

  Stock's Long-term Chart

   Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red

   Stock's Monthly Seasonal Performance Chart - Past 5 Years

Showing % Months UP and % Change

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 - 5

Stocks Screened - 12,234

Long-Term Environment for bears:  

Bear Side -  Small list of shorts even though market moves lower Wednesday. Bears be conservative.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Ambarella Inc. (AMBA) - 51.64, down 1.41

Stock Cuts Below Support, TTD Sees Decline to 45

  AMBA, based in Santa Clara, Ca., provides semiconductor processing solutions for video that enable high-definition, video capture, sharing and display. Annual revenues: $310 million. AMBA's stock falls sharply Wednesday and cuts below key technical support.

  So far today, AMBA is trading 782,113 shares. Its average daily volume is 719,000 shares.

  AMBA's stock trended lower in the morning and touched an intraday low of $51.38 around noon.

  The stock rallied to around $52.50 the next hour until 1 p.m.

  The stock then faded in the late afternoon to finish close to its low for the day.

  Tape Action

  AMBA's tape action shows the recent block trades.

  One can see the price for the blocks falling from $53.05 in the prior session to as low as $51.52.

  A key bearish trade came in the morning when a block of 5,807 shares (duplicated) crossed the tape at $52.88.

  That was down from the prior block at $53.05 on 11,299 shares.

  Business

  AMBA sells low-power, high-definition video products.  Its system-on-a-chip designs incorporate HD video processing, image processing, audio processing and system functions onto a single chip.

  In the camera market, its platform enables the creation of video content in wearable cameras, automotive aftermarket cameras, professional and consumer Internet Protocol , security cameras, telepresence cameras and unmanned aerial vehicles.

Earnings:

  For the fiscal year ending in January of 2018, analysts are forecasting a 53% drop in earnings to 80 cents a share from $1.68 for fiscal 2017.

  Net for the fiscal first quarter ending in April, the Street is predicting a 40% decline in net to 3 cents a share from 5 cents the year before.   

Charts:   

  AMBA's daily chart shows the stock breaking below key technical support. The stock's CCI momentum indicator is very bearish.

   AMBA's 12-month performance chart shows the stock up 22% versus a 16% gain for the stock market. AMBA's performance the past several months has been weakening. Insiders were sellers the past few months around $54 to $55. They have done no buying.

Strategy Opinion: TTD is targeting AMBA for a decline to $45. A protective stop buy can be placed near $54.

Suitability: Average Bears.

  TTD's special probability research of  WOR's Prior Performance:  

Probability - Earnings Response -  Bearish. Stock rose 3 out of the past 10 earnings reports.

Probability:  Seasonal - Bearish.  Best declining month April, down 6.8%. It has not risen in April in the past five years.

   Stock Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red

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. - 2017

TTD columnist Leo Fasciocco has covered the stock market for over 30 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.)