Daily - Go to TTD's Tape of  Stock Charts - Tuesday, April 19

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance -  Tuesday, April 19

Ticker Tape Digest

Tuesday - April 19, 2011

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.

 1 - TTD's Breakout Stocks - Long - (Intermediate-term long plays)  these 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.

  2 -TTD Quick Trade Stocks - Long - (Short-term long plays 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.

 3 - TTD's Bargain Buy Trades - Long - (Long Term long plays.  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.

  4 - 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 - 2

Overall Quality of Breakouts - Average

Stocks Screened - 8,300

Bull side - Breakout list still small. Stock market rallies modestly. It is still in a trading range. Potential for a lift going into the long holiday weekend.  Bulls be selective, nevertheless

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Neutral

Market (Daily) - NYSE Bearish, Nasdaq Bearish

Market (Weekly) - NYSE Bearish, Nasdaq Bullish

Market  (Monthly) - NYSE Bullish, Nasdaq Bearish 

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Tuesday - April 19

(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 )  

(See Top Performing Breakout Stocks for 2011)

Today's Featured TTD Breakout Stock

IPG Photonics Corp. (IPGP)  - 62.54, up 3.29 - Breakpoint 61.64

Hits All-time High, Net to Jump 67% This Year, TTD Targets 76

        IPGP, based in Oxford, Mas., makes fiber lasers and fiber amplifiers for materials processing, communications and medical needs. Annual revenues: $299 million. IPGP breaks out today from a seven-week base. TTD spotlighted the stock as an accumulation buy on Monday. So far today, IPGP is trading 1.3 million shares, triple its normal daily volume of 371,000 shares.

. IPGP will report quarterly net on May 3. The Street is looking for a big 499% surge in net.

 IPGP's 10-minute chart shows the stock breaking out in the morning with good volume. The stock hit an intraday high of 64.  

  It backed off a bit in the late morning, but came on again.   

   The stock's tape action shows the big block trades. One can see the price for the blocks climbing from $59.25 to a peak of $63.

   The key bullish trade Tuesday came in the morning when a block of  16,217 shares (duplicated) crossed the tape at $60.18. That was up sharply from the prior block trade at $59.25.  Later a block of 5,000 shares crossed at 63. That was a big jump. The tape action showed strong institutional buying.

  IPGP sells its laser products worldwide to original equipment manufacturers, system integrators and end users.

  It markets its products internationally primarily through its direct sales force, and also through agreements with independent sales representatives and distributors.

  IPGP makes components used in its finished products, including semiconductor diodes, optical fiber preforms and cables, finished fiber lasers and amplifiers. It also makes packaged diodes, direct diode laser systems and communications systems that utilize its optical fiber-based products.

  IPGP is a leader. The 12-month performance chart shows the stock appreciating 250% the past 12 months. That compares with 17% for the S&P 500 index.

  IPGP's  long-term chart shows the stock coming public in late 2006 and trading around 25. The stock fell back and then trended sideways It was pulled lower in 2008 due to the bear market. It bottomed in early 2009 at $7.14. It has since advanced strongly and is now making new highs..

  IPGP's daily chart shows the stock advancing from 20 to 60. The stock formed a base above its 50-day moving average line. That shows that the stock is in a strong up trend.

  The breakout today comes with a good expansion in volume. The push to a new high could well bring in more buying on Wednesday.   

  The TTD momentum indicator (top of chart) is bullish.

  The accumulation - distribution line (bottom of chart) is in an overall up trend long-term. It has been moving sideways for the past several weeks. That is bullish and okay. It shows that any selling in the base has been contained.  

  Net for 2011 is expected to climb 67% to $1.89 a share from $1.13 a year ago. The highest estimate on the Street is at $2.12 a share. The stock sells with a price-earnings ratio of 31. TTD sees that as reasonable.

  Going out to 2012, Wall  Street is forecasting a 30% gain in net to $2.46 a share from the anticipated $1.89 a share for 2011. The Street has been boosting 2012 estimates.

  TTD sees the near-term key to the stock's upside potential coming from expectations of two big quarters.

  Net for the first quarter is expected to surge 499% to 42 cents a share from 7 cents a year ago. The highest estimate on the Street is at 45 cents a share. TTD sees good chances for an upside surprise. The past three quarters, IPGP has topped the consensus estimate by 2 cents a share to 9 cents.

  Looking out to the second quarter of 2011, net should advance 103% to 45 cents a share from 22 cents a year ago.

  Strategy Opinion: TTD continues to target IPGP for a move to 76. A protective stop can be placed near 59. TTD rates IPGP an excellent intermediate-term play provided earnings meet expectations.

  Sponsorship: Excellent. One of  the largest fund buyers recently was 5-star rated Fidelity Contrafund which purchased 87,348 shares. The largest fund holder is 4-star rated Columbia Acorn Z Fund with a 5.9% stake. It was a recent buyer of  36,800 shares. IPGP has 46.8 million shares outstanding.

  Insider Activity: Slightly Bearish. There was some selling by insiders recently. It took place in March. The latest selling price was at $56.56. Right now, 11 analysts follow the stock, 7 have a buy, down from 9 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 - 9

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Good number of short plays even as stock market edges higher. Stock market still in a trading range. Bears be selective looking for stocks with fundamental damage.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Goldman Sachs Group Inc. (GS) - 151.59, down 2.19

Profits Disappoint, TTD Sees Decline to 130

 GS, based in New York, is a global investment banking and securities firm. Annual revenues: $46 billion. GS's declines today in heavy volume after the company reported a sharp decline in first quarter earnings. The stock's decline sent it below key technical support. Volume so far today is running a 12.2 million shares, triple its normal daily volume of 4 million shares. TTD sees more on the downside.

  GS reported that net for the first quarter dropped to $1.56 a share from the $5.59 a share a year ago. The consensus estimate on the Street was at 79 cents a share. So results did top the consensus. However, the stock responded bearishly.

  GS's stock rose slightly in the morning, but then turned lower. It made an intraday low of 149.55. The stock then staged a modest lift in the afternoon.

  TTD's clip of the tape shows the recent big block trades

One can see the price for the blocks declining from $156.23 to $150.36. A key bearish trade today came in the afternoon when 100,000 shares crossed the tape at $150.36. That was down from the prior block trade at $151.65.

 GS provides a full range of investing, advisory and financing services to a substantial and diversified client base. It includes corporations, financial institutions, governments, and high net worth individuals.

  This year, analysts forecast a 9% decline in GS's net to $13.82 a share from $15.22 a year ago.

 GS's daily chart shows the stock breaking below key technical support near 155. The stock's TTD momentum line is bearish. The accumulation - distribution line (bottom of chart) is in a down trend that shows clear selling pressure for the past several weeks.

   Strategy Opinion:  TTD sees GS a trading short. We are targeting the stock for a drop to 130. A protective stop buy can be placed near 157.

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.

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.)