Daily - Go to TTD's Chart scroller of  Breakout and Leading Stocks - Wednesday, April 20, 2016

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Friday, April 20, 2016

Ticker Tape Digest

Wednesday - April 20, 2016

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.

  Breakout Stocks

Total Buy Breakouts so far today - 5

Overall Quality of Breakouts - AVERAGE

Stocks Screened - 8,300

Bull side - Breakout list small and very selective. Bulls be conservative. The stock market holds up trend.

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Bullish

    Stock Market Momentum

Market (Daily) - NYSE Bullish, Nasdaq Bearish

Market (Weekly) - NYSE Bullish, Nasdaq Bullish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish 

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

Marketaxess Holdings Inc. (MKTX) - 129.11, up 2.93 - Breakpoint 127.25

Net to Climb 25% This Year, TTD Targets 160

      MKTX, based in New York, operates an electronic trading platform for bonds and fixed-income securities. Annual revenues: $303 million. MKTX's stock brakes out from a 9-week flat base. The move carries the stock to a new high. That is bullish.

  So far today, MKTX is trading 224,332 shares. Its average daily volume is 221,000 shares.

  MKTX's stock  is a leader.  MKTX's 10-minute chart shows the stock breaking out in the morning.

  The stock then advance steadily reaching a peak of 129.72 in mid-afternoon.

  The stock then sagged back a bit into the final bell.

  However, it held the bulk of its gain.

  MKTX's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $126,18 in the prior session to as high as $129.30.

  A key bullish trade came in the morning when a block of 917 shares crossed the tape at $126.64.

  That was up from the prior block trade at $126.18 on 1,033 shares.

  Near the close a block of 9,960 shares traded at $129.11.  

  That came on an up tick from the prior trade at 129.10 on 379 shares.

  MKTX runs an electronic trading platform for fixed-income market participants to trade corporate bonds and other types of fixed-income instruments worldwide.

  Its multi-dealer trading platform allows its institutional investor clients to request competing and executable bids or offers from its broker-dealer clients, and execute trades with the broker-dealer of their choice.

 The company's trading platform provides access to liquidity in U.S. corporate bonds, emerging markets and high-yield bonds, European bonds, U.S. agency bonds, credit derivatives, and other fixed-income securities.

  MKTX's 12-month performance chart shows the stock appreciating 44% versus a breakeven for the Stock market.

  MKTX's stock came public in 2004 at $19.89. The stock  fell back and then rose to a peak near 20 in 2007, the top in the prior bull market.

  However, the stock fell to $3.96 in 2008 due to the bear market.

  With the unfolding of the bull market, MKTX has climbed steadily pausing for a consolidation in 2014. It is now at an all-time high. That is bullish   

  MKTX's daily chart shows the stock climbing from 100 back in January  to a peak near 127 by March.

  The stock then put down a flat base. It attempted a breakout in late March, but fell back.

The breakout today clears key resistance.

 The stock's CCI momentum indicator (bottom of chart) is in an up trend and bullish.

 The accumulation - distribution line (very bottom of chart) compliments the price action.

  Analysts expect net for 2016 to climb 25% to $3.20 a share from $2.55 a year ago. Analysts have been raising their estimates.

  The stock sells with a price-earnings ratio of 40. That is high given the earnings growth rate.

  Going out to 2017, the Street projects a 19% gain in net to $3.80 a share from the anticipated $3.20 this year.

  Net for the upcoming first quarter should increase 23% to 80 cents a share from  65 cents the year before.

  The highest estimate on the Street is at 80 cents a share. The company tends to come in close to the consensus.

  Going out to the second quarter, profits are projected to rise 23% to 79 cents a share from 64 cents the year before.

  Strategy Opinion: TTD is targeting MKTX  for a move to 160 within the next few months.

  A protective stop can be placed near 124.

 TTD rates MKTX an average intermediate-term play. Its valuation is high. So, one will need to be watchful.

  Sponsorship: Good. One of the largest fund buyers recently was the 4-star rated State Street S&P mid cap Index Fund - Class II which purchased 251,866 shares as a new position. It has a 0.7% stake.

 The largest fund holder is the 3-star rated Wells Fargo Growth A Fund with a 4.2% stake. It was a recent seller of 98,000 shares.

  MKTX has 37.5 million shares outstanding. Institutions hold 97% of the stock and insiders have 2%.

  Insider Activity: Neutral. Light selling in recent months at $102 to $111. Insiders were buyers using stock options at $9.95 a share.

 Currently, 5 analysts follow the stock, 2 have a buy, the same as three months ago.

  MKTX has a book value of $10.44 a share.

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 - 3

Stocks Screened - 8,300

Long-Term Environment for bears: Neutral.

Bear Side - Small list of breakdown stocks Wednesday, but some good looking shorts. Tuesday's short was Applied Optoelectronics Inc. (AAOI) at 11.69. Wednesday it closed at 11.38. It is working well for bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Rapid7 Inc. (RPD) - 11.72, down 0.83

Loss Expected for This Year, TTD Sees Drop to 9

  RPD, based in Boston,  provides security data and analytics solutions that enable firms to implement an analytics-driven approach to cyber security. Annual revenues: $111 million. RPD' stock falls sharply Wednesday and undercuts key technical support. TTD sees more on the downside.

  So far today, RPD is trading 134,609 shares. Its average daily volume is 164,000 shares.

  RPD's stock moved steadily lower through the day. It touched an intraday low of 11.68 in the afternoon.

  RPD's tape action shows the recent block trades.

  One can see the price for the blocks falling from $12.55 in the prior session to as low as $11.90 Wednesday.

  A key bearish trade came in the morning when a block of 2,200 shares crossed the tape at $12.15.

  That was down from the prior block trade at $12.50 on 2,000 shares.

  RPDt offers Nexpose that enables customers to assess and remediate their exposure to cyber risk. It also makes  Metasploit, a penetration testing software solution and AppSpider, an application security testing solution.

  The company also provides incident detection and response solutions, such as InsightUBA, a cloud-based solution that enables customers to detect intruders.

This year, analysts are forecasting a loss of $1.11 a share compared with a loss of $1.89 a year before.

For the upcoming first quarter, the Street expects a loss of 32 cents a share and in the second quarter a loss of 29 cents a share.

 RPD's daily chart shows the stock cutting below support. The stock's CCI momentum indicator is trending lower and is bearish.

 Strategy Opinion: TTD is targeting RPD for a decline to 9 within the next few months or sooner. A protective stop buy can be placed near 12.30.

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. - 2016

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: 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.)