Daily - Go to TTD's Tape of Stock Charts - Tuesday, April 16, 2013 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 15, 2013 |
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.
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 - Average
Stocks Screened - 8,300
Bull side - Small number of breakout today. Stock market stages a bounce rally after a prior sharp selloff. Bulls be patient, conservative and watchful.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
(See Top Performing Breakout Stocks for 2011- 2012)
TTD's Quality Rating of Stock - ANEN - AVERAGE |
ANEN, based in East Syracuse, N.Y., makes microwave component systems. Annual revenues: $150 million. ANEN's stock breaks out today from a 10-month flat base today. The push higher comes after the company received a $23 a share buyout offer from Vintage Capital Management.
ANEN will also be reporting earnings on April 23. Wall Street is forecasting a big 154% surge in net for the fiscal third quarter ended March 31.
The stock gapped out from its long-term base on volume of 380,662 shares. Its average daily volume is just 19,000 shares. The stock is thinly traded. ANEN has 13.2 million shares outstanding.
TTD highlighted ANEN as a breakout at our midsession video show on the Web.
ANEN's 10-minute chart shows the stock gapping up to 22.55 in the morning. The stock then trended sideways the rest of the day.
Vintage said the $23 offer would be in cash. It said, "It did not believe it would be any party's interest for Vintage to agree to any standstill restrictions."
ANEN's tape action shows the recent big block trades.
One can see the price for the climbing from $19.61 on Monday to $22.55.
A key bullish trade came in the morning when a block of 14,994 shares (duplicated) crossed the tape at $21.78, up from the prior block trade at $19.61.
ANEN provides microelectronics, and microwave components and assemblies for the wireless and space and defense electronics markets.
The company's engineering, manufacturing and packaging techniques enable it to produce compact, lightweight microwave products for use in wireless communication and space and defense systems covering a range of frequencies (from 100 MHz to more than 30 GHz) and power levels (small signal to more than 500 watts).
ANEN operates in two segments: The Wireless Group and The Space & Defense Group. The company provides components and assemblies to OEMs in the wireless industry. These products range from standard sub-miniature components for consumer electronics to custom assemblies for wireless infrastructure applications.
ANEN's 12-month performance chart shows the stock appreciating 33% versus a 15% gain for the S&P 500 index. One can see ANEN's performance got a big boost on Tuesday to the stock's price jump.
ANEN's long-term chart shows the stock declining from 25 in 2006 down to 9 in 2009. However, the stock has since made a solid come back getting to 22.
ANEN's daily chart shows the stock with a surprise "power breakout" on the buyout offer.
The stock was trending sideways in a base for several months. The chart does not show any unusual volume the past few months.
Sometimes that happens!
The stock's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line, which had been dormant, has edged higher.
For the upcoming fiscal third quarter, analysts are forecasting ANEN's earnings will soar 158% to 33 cents a share from 13 cents a year ago.
The highest estimate on the Street is at 34 cents a share. TTD sees chances for a modest upside earnings surprise. The past seven quarters, ANEN has tended to top the Street forecast by 2 to 4 cents a share.
Net for the fiscal fourth quarter ending June 30 should climb 31% to 28 cents a share from 21 cents a year before.
Overall, net for the fiscal year ending June 30 should soar 72% to $1.10 a share from 64 cents a year ago.
Going out to fiscal 2014 ending in June, the Street is projecting a 12% gain in net to $1.24 a share from the anticipated $1.10 a share.
Strategy Opinion: TTD sees ANEN as a bulls "double play" - takeover possibilities and strong earnings growth.
TTD is targeting ANEN for a move to 28 assuming there is no buyout. A protective stop can be placed near 20.
TTD rates ANEN a good intermediate-term play.
Sponsorship: Average. The largest fund holder is Royce Micro-Cap Investment with a 4.5% stake. The 3-star rated fund has kept its position steady. Another key buyer was 2-star rated Quaker Event Arbitrage Fund which purchased 15,800 shares.
Insider Activity: Bearish. Insiders were recent buyers from $9.51 to $13.82. They were sellers around $19. Right now, 5 analysts follow the stock, 4 have a buy, the same as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
TTD's Breakout Profile
Rating Anaren Inc. - (ANEN) |
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 | 9 | 0 | 5 |
Charts of Selected Breakout Stocks
TTD's Quality Rating of Stock - MJN - AVERAGE |
TTD's Quality Rating of Stock - UNXL - 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 - 6
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small number of breakdown stocks today as stock market rebounds. Bears be selective as stock market is still in an up trend.
KEYN, based in San Mateo, Ca., provides research data to information technology firms. Annual revenues: $125 million. KEYN, a small cap play, breaks down today setting off a TTD short. The drop was triggered when the firm cut its earnings outlook.
So far today, KEYN is trading a heavy 506,450 shares, seven times its normal daily volume of 71,000 shares.
The company said earnings for the fiscal second quarter ending March 31 would be 7 to 9 cents a share. That is below the company's prior forecast of 15 cents a share and the prior year's 13 cents a share.
KEYN's stock fell sharply in the morning. It hit an intraday low of 10.99. In the afternoon, it lifted slightly.
The stock's tape action shows the recent block trades.
One can see the price for the blocks declining from $13.10 to $11.03. A key bearish trade came in the morning when a block of 13,084 shares (duplicated) crossed the tape at $11.25. That was down sharply from the prior block trade at $13.01.
The tape showed heavy institutional selling pressure.
KEYN provides test & measurement solutions for mobile communications and online business performance.
The firm gives IT and marketing executives an unbiased view into their Internet services from around the world.
KEYN has four test and measurement businesses: Web performance, mobile quality, streaming & VoIP, and customer experience UX.
This fiscal year, analysts were forecasting a 35% rise in net to 77 cents a share from 57 cents a year ago. That forecast will be cut most likely.
KEYN's daily chart shows the gap drop on big volume today. The breakdown comes off a head-and-shoulder pattern.
Strategy Opinion: TTD is targeting KEYN for a drop to 8.40 within the next few months, or sooner. A protective stop buy can be placed near 11.80.
TTD's Quality Rating of Stock - KEYN - 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.)