Daily - Go to TTD's Tape of Stock Charts - Tuesday. April 15, 2014
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Daily - Go to TTD's Tape of Stock Charts - Tuesday. April 15, 2014 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 7, 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 - 5
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list very selective. Stock market sells off sharply but rebounds to finish in the black. Bulls remain cautious. Earnings to come soon.
(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 Bearish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - CLB - ABOVE AVERAGE |
CLB, based in the Netherlands, provides geological analysis for the oil industry. Annual revenues: $1.1 billion. CLB's stock breaks out today from a five-week flat base. The move carries the stock to a new all-time, which is bullish. So far today, CLB is trading 229,614 shares. Its average daily volume is 288,000 shares. 
CLB's breakout came in the morning, but the stock faded back when the stock market fell sharply.
The stock regained its footing, broke out in the early afternoon and continued higher through the closing bell. 
It closed near its high and also drew some institutional buying late in the day.
TTD's clip of the tape shows the recent block trades.
One can see the price for the blocks climbing form $198.33 a few sessions ago to as high as $208 on Tuesday.
A key bullish trade just near the close on Tuesday. That's when 14,894 shares crossed the tape at $208.
That was up sharply from the prior block at $202.61 on 2,162 shares.
Then there was some down ticks after the close. Nevertheless the tape action was impressive for bulls. 
CLB provides geological and environmental analysis services and manufactures precise measurement equipment.
The company provides basic and advanced reservoir rock and fluid analyses and other geological services to the oil industry.
The information helps oil companies make decisions regarding the presence and amount of hydrocarbon accumulations.
The company's manufacturing operations include the design and production of laboratory equipment used in the petroleum industry.
CLB's 12-month performance chart shows the stock appreciating 63% versus a 19% gain for the S&P 500 index.
CLB's long-term chart shows the stock climbing from 6 back in 2003 to a peak at 77.75 in late 2007, the top in the prior bull market. The stock then fell back to 24 in 2008 due to the bear market.
However, since then CLB's stock has been soaring. It has since climbed to 208, a ninefold move. The push to a new all-time high could attract more buying on Wednesday, especially since energy stocks have been strong. 
CLB's daily chart shows the stock climbing from 144 back in September to 200 by October.
The stock then put down a long flat base. It broke out in March. However, the advance stalled and the stock formed a new flat base.
Now, it pushes out of that setup.
The stock's TTD momentum indicator (top of chart) is solidly bullish.
The accumulation - distribution line (bottom of chart lags. It took a hit in March falling on big volume.
This year, analysts are forecasting a 20% gain in net to $6.28 a share from $5.25 a year ago.
The stock sells with a price-earnings ratio of 33. That is high. So, the stock is most suitable for aggressive investors.
Looking ahead to 2015, the Street projects a 17% gain in net to $7.32 a share from the anticipated $6.28 this year.
Earnings for the first quarter should climb 19% to $1.46 a share from $1.22 a year ago.
The company tends to slightly exceed the consensus estimate (see table). The highest estimate is at $1.47 a share.
Going out to the second quarter, profits should rise 19% to $1.54 a share from $1.29 the year before.
Strategy Opinion: TTD is targeting CLB for a move to 250 off this breakout. A protective stop can be placed near 200.
Sponsorship: Excellent. A key fund buyer recently was the 5-star rated Delaware - Smid Cap Growth-Focus fund which purchased 348,264 shares. It was the largest buyer recently.
The largest fund holder is the 3-star rated American Funds Growth Fund of America with a 3.9% stake. It has held its position steady.
Insider Activity: Neutral. Insiders have been light sellers of the stock around $198 to $202 recently. Currently, 8 analysts follow the stock, 3 have a buy, the same as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Core Laboratories - (CLB) |
| 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 | 11 | 0 | 3 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - XCEL - AVERAGE |
| TTD's Quality Rating of Stock - AEE - BELOW AVERAGE |
| TTD's Quality Rating of Stock - RDS.A - BELOW 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 - 10
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Short side picks up as stock market drops sharply in morning, but rallies. Bears be selective. TTD's short from Monday was Gogo Inc. (GOGO) at 16.58. So far today, the stock has declined to 16.19 and is working well for bears.
HGG, based in Indianapolis, is a retailer of appliances and video products. Annual revenues: $2.4 billion. HGG's stock gaps lower today and undercuts key technical support with big volume. So far today, HGG is trading a heavy 1.5 million shares, four times its average daily volume of 384,000 shares. TTD sees more on the downside. 
The company said it expects to report a loss for the fiscal fourth quarter ending in March of 17 cents a share. The loss was 25 cents a share including items.
HGG said results were disappointing an blamed the weather.
The Street was looking for a profit of 10 cents a share.
The stock fell steadily in the morning and hit an intraday low of 7.39.
Late in the morning, it rallied to trim some of its loss. It then moved sideways through the afternoon.
HGG's tape action shows the recent block trades.
One can see the price for the blocks falling from $9.52 a few sessions ago to as low as $7.40 Tuesday morning.
A key bearish block came when 10,253 shares crossed the tape at $7.40. That was down from the prior block trade at $7.70 on 12,000 shares.
HGG sells its products through 79 stores in Alabama, Georgia, Indiana, Kentucky, North Carolina, Ohio, South Carolina and Tennessee.
Going out to fiscal 2015 ending in March analysts are forecasting an 11% rise in profits. However, in the first fiscal quarter ending in June, they look for a loss of 10 cents a share compared with a loss of 4 cents a year ago.
HGG's daily chart shows the stock breaking down on expanding volume. The TTD momentum indicator (top of chart) is bearish. The accumulation - distribution line (bottom of chart) is trending lower indicating clear selling pressure.
Strategy Opinion: TTD is targeting HGG for a decline to 6 within the next few months, or sooner. A protective stop buy can be placed near 8.70.
| TTD's Quality Rating of Stock - HGG - 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.)
