Daily - Go to TTD's Tape of Stock Charts - Thursday, April 18, 2013
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Daily - Go to TTD's Tape of Stock Charts - Thursday, April 18, 2013 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 15, 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 - 0
Overall Quality of Breakouts - N/A
Stocks Screened - 8,300
Bull side - No Breakouts today. Stock market continues to work lower. Bulls be patient and conservative. Earnings to come soon.
(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 Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
(See Top Performing Breakout Stocks for 2011- 2012)
None
(No Breakouts today. So, TTD features a recent breakout)
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TTD's Quality Rating of Stock - SHW - AVERAGE |
SHW, based in Cleveland, makes, paints. Annual revenues: $9.5 billion. SHW's stock pushes higher today following up on its recent breakout. So far today, SHW is trading a heavy 1.9 million shares, double its normal daily volume of 713,000 shares. 
SHW's stock backed off early in the day but then came on through the late morning (see 10-minute chart). The stock peaked at $177.01. In the afternoon, it trended sideways.
After the close, there was a trade that went off at $170.00 sending the stock lower. However, further after hour trades went off around $174. So, that trade as sort of a fluke or bad fill. 
SHW has a low beta of 0.64 versus 1.00 for the S&P 500 index. That means the stock is about half as volatile as the stock market.
SHW's tape action shows the recent big block trades.
One can see the price for the blocks climbing from $169.95 early on Thursday.
The price of the blocks climbed to $174.88 during the day.
A key bullish trade came when 15,000 shares crossed the tape at $174.25. That was up from the block at $169.95. 
SHW makes and sells paint, coatings and related products.
It is the one of largest paint companies in the U.S. and in the world.
Its paint brands include Sherwin- Williams, Dutch Boy, Pratt & Lambert, Martin-Senour, Thompson's, Minwax and Krylon.
SHW's 12-month performance chart shows the stock appreciating 60% versus an 11% gain for the S&P 500 index.
SHW's long-term chart shows the stock trading around 20 back in 2001. The stock climbed to a peak of 73.96 by mid-2007. the stock pulled back to 41 in 2009 due to the bear market.
However, since then SHW's stock has skyrocketed to 174 - a fourfold move.
SHW's daily chart shows the stock advancing from 142 in October to 171 by March.
SHW broke out of its base on April 16 - three days ago.
The stock pushes higher today following through on its previous breakout.
The push today comes with a good expansion in volume showing good demand.
The stock's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom or chart) is in a solid up trend showing good demand for the stock.
This year, analysts are forecasting a 19% increase in SHW's net to $7.77 a share from $6.51 a year ago. The stock sells with a price-earnings ratio of 22. TTD sees that as reasonable.
Going out to 2014, the Street is forecasting a 21% gain in net to $9.41 a share from the anticipated $7.77 a share for this year. 
Net for the upcoming first quarter should rise 14% to $1.08 a share from 95 cents a year ago. The highest estimate on the Street is at $1.10 a share. SHW's tends to top the consensus estimate by a small amount.
Looking ahead to the second quarter, profits should climb 18% to $2.56 a share from $2.17 the year before.
Strategy Opinion: SHW's stock is working well off the breakout and showing good resilience against the stock market recent decline.
TTD is targeting SHW for a move to 210 within the next few months. A protective stop can be placed near 166. TTD rates SHW an average intermediate-term play. There is a chance for a stock split which could boos the stock. The last stock split 2-for-1 took place in 1997.
Sponsorship: Excellent. The top 11 fund holders all have at least a 4-star rating. The largest fund holder is 4-star rated T. Rowe Price Growth Stock Fund with a 2% stake. It was a recent buyer of 34,5000 shares.
A key buyer recently was 5-star rated American Century U.S. Mid Cap Value Fund which bought 509,886 shares.
SHW has 103.3 million shares outstanding. Institutions hold 73% of the stock.
Insider Activity: Bearish. Insiders were recent buyers using stock options at $63. They sold at $169. Currently, 14 analysts follow the stock, 3 have a buy, up from 2 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Sherwin Williams Co. - (SHW) |
| 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 | 14 | 0 | 0 |
Charts of Selected Breakout Stocks
None
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 - 13
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Large number of breakdown stocks today as stock market falls sharply. TTD's short from Wednesday was Apple Inc. (AAPL) at 403.22. Today, the stock has declined 12.35 to 390.43 and is working well for bears.
EXAS, based in Madison, Wisc., develops medical products to treat cancer. Annual revenues: $4.1 million. EXAS, a speculative medical stock, falls sharply to day. Analysts said the decline was due to some disappointment on test results of one of its products. used to find colorectal cancer. 
TTD highlighted EXAS as a short at our midsession video show on the Web Thursday.
So far today, EXAS is trading 1.9 million shares, ten times its normal daily volume of 860,000 shares.
The company gave an upbeat report on the test of its medical product. However, the Street reacted bearishly to the news.
The stock fell sharply in the morning. It hit an intraday low of 6.93. It then rallied in the afternoon to get back to 8.78. However, the intraday selling in the morning was extremely heavy.
EXAS's tape action shows the recent block trades.
One can see the price for the blocks declining from $10.06 to as low as $6.80. A key bearish trade came in the morning when a block of 100,000 shares crossed the tape at $6.75. That was down big time from the prior block trade at $10.
EXAS uses applied genomics to develop screening technologies for use in the detection of cancer.
Certain of its technologies have been licensed to Laboratory Corporation of America Holdings for a stool-based DNA screening assay for colorectal cancer in the average-risk population.
Colorectal cancer, which is the most deadly cancer among non-smokers, is generally curable if detected early.
This year, analysts are forecasting EXAS will show a loss of 75 cents a share compared with a loss of 88 cents a year ago.
The stock's chart shows a gap drop on big volume. The TTD momentum indicator (top of chart) is very bearish.
Strategy Opinion: TTD is targeting EXAS for a decline to 6.20 within the next few months or sooner. A protective stop buy can be placed near 8.70.
| TTD's Quality Rating of Stock - EXAS - 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.)
