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Daily - Go to TTD's Tape of  Stock Charts - Tuesday, April 27

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance -  Friday, April 30

Go To Prior Days TTD "Reports"

Weekly - Bullish Investors Go To TTD Bargain Setups - Feature  - Monday, April 26

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday April 26


Go to Video Show - "How to Make Money With Breakout Stocks"


Go to Video Show -TTD Performance 2008 Long and Short


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Ticker Tape Digest

Friday, April 30, 2010


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 Trading Strategies Overview and Performance

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"  (swing trades). Ideally suited for entry into stocks on pullbacks within overall up trend. Good for trading range markets

 (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)


Conservative Bearish Investors  (swing traders).  "Bargain Bearish Plays" to Sell Short. Ideally suited for trading range markets with overall market down trend.

  (See Performance)

 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  These are for conservative bullish Investors The strategy is called swing trading. These long buys are ideally suited for entry into stocks on pull backs within overall up trend. They are good for trading range markets. These stocks can give a good return in a week or two. They can also explode into a breakout and a powerful advance.

   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 Bearish bargain play stocks to sell short. These issues are usually in down trends and are poised to rollover after a minor rally. They often can provide a conservative bear with a good entry point.

 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.

Quote or chart

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 - 9

Stocks Screened - 8,200

Bull side - Modest number of breakouts today. Stock market takes a big dive today closing near its low for the session. Bulls be selective and watch all protective stops.

(Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Favorable

Market (Daily) - NYSE  Bearish, Nasdaq Bearish

Market (Weekly) - NYSE Bearish, Nasdaq Bearish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish


Today's Featured Breakout Stock

Skyworks Solutions Inc. (SWKS) - 17.42, up 1.18 - Breakpoint 16.66

First Quarter Profits Top Estimates, TTD Targets 21.50

                    TTD's Quality Rating of Stock - SWKS -  AVERAGE

  SWKS, based in Woburn, Mas., makes electronics products for devices such as detectors and cell phones. Annual revenues: $838 million. SWKS's stock breaks out from a nine-week flat base today and hits a seven-year high. The stock push higher today was triggered by a strong earnings report for the fiscal second quarter ended March 31. So far today, SWKS is trading a heavy 21.5 million shares, five times its normal daily volume of 4.3 million shares.

  TTD highlighted SWKS as a breakout at our midsession show on the Web Friday.

  SWKS 10-minute chart shows the stock clearing its breakpoint in pre-market trading. When the market opened on Friday, it shot higher with strong volume.

  It held the bulk of its gain even though the general stock market fell sharply. It was an impressive showing for SWKS.

  SWKS reported operating earnings for the fiscal second quarter increase to 24 cents a share from 12 cents a year ago. The 24 cents topped the consensus estimate of 23 cents a share.

  The stock responded basis to the news and a boost in SWKS' earnings outlook.

   SWKS' tape action shows a big block of 718,700 shares crossing the tape in the afternoon at $17.40. That was well after the news went out on the earnings. The block was with a price sequence that started with a modest up tick from $17.39.

  TTD sees the tape action indicating heavy institutional buying off the good earnings news and outlook.

 SWKS makes electronics products for  automotive, broadband, energy management, industrial, medical, military and cellular handset applications.

 The company produces amplifiers, attenuators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency  subsystems, mixers/demodulators, phase shifters, power dividers/combiners, receivers, switches and technical ceramics.

 It has aligned the product portfolio around two markets: cellular handsets and analog semiconductors. The handset portfolio includes customized power amplifiers and front-end solutions, from entry level to multimedia platforms and smart phones. Its primary handset customers include LG Electronics, Motorola, Nokia, Samsung, Sony Ericsson, Research in Motion and HTC.

   SWKS' 12 month performance chart shows the stock appreciating 90% versus a 40% gain for the S&P 500 index.

    SWKS' long-term chart shows the stock falling from 76 during the bull market peak of 2000 to 2.90. The stock then went into "hibernation" for the next eight years. Today's push higher could well be the start of a new long-term up trend.      

  SWKS's daily chart shows the stock climbing from 11 to 16. It then formed a flat base with the work being done above a rising 50-day moving average line. That shows the stock is in an up trend.

  The gap move on strong volume is impressive showing strong demand.

  The stock's TTD momentum indicator (top of chart) is neutral.

  The accumulation - distribution line (bottom of chart) is in a strong up trend. That shows good confirmation of buying prior to the breakout.

  SWKS said today earnings for the fiscal third quarter ending March 30 should be around 30 cents a share. That is up from Street projections of 25 cents a share. A year ago the company earned 9 cents a share.

  The company said revenues would be $262 million, up from the $244 million expected by the Street.

  Overall, for the fiscal year ending September 30, analysts have been forecasting a 59% gain in net to 88 cents a share, up from 55 cents a share a year ago. The stock sells with a price-earnings ratio of 18. TTD sees good chances for SWKS earnings estimates to be boosted.

  Going out to fiscal 2011, the Street forecasts a 22% gain in net to $1.07 a share.

  Strategy Opinion: TTD is targeting SWKS for a move to 21.50 within the next few months or sooner. A protective stop can be placed near 15.80, which is tight. TTD sees SWKS as a very good intermediate-term play provided earnings meet expectations.

  Sponsorship: Excellent. The largest fund holder is 5-star rated Fidelity Contrafund with a big 5.6% stake. It was a recent buyer of 7.1 million shares. Another big fund buyer was 4-star rated Fidelity Advisor New Insights Fund which picked up 1.3 million shares. SWKS has 175 million shares outstanding.

  Insider Activity:  Neutral. Insiders were buyers using stock options. They turned around and sold. The latest selling was at $16. Currently, 17 analysts follow the stock, 14 have a buy, up from 13 three months ago.



  Stock Performance Chart for 12 months with Quarterly Earnings Markers.    

  


TTD's Breakout Profile Rating

Skyworks Solutions Inc. - (SWKS)

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 12 0 2

All Timely Breakout Stocks From Tape Action Today

(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)


  


Charts of Selected Breakout Stocks

                    TTD's Quality Rating of Stock - RMD - AVERAGE

                    TTD's Quality Rating of Stock - ISBC - AVERAGE

                    TTD's Quality Rating of Stock - SRCL   - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - KT  - AVERAGE


Weekly - Conservative Investors Bearish (swing traders) - Go To TTD Bargain Short Trade Setups - Monday, April 26

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Ticker Tape Digest’s

Stocks To “Sell Short”

Ticker Tape Digest’s Daily List of “Stocks To 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 - 8,2007

Long-Term Environment for bears: Unfavorable.

Bear Side - Shot list expands a bit with oil drillers showing up. Also, Goldman Sachs. TTD's short play from Thursday was  Covance Inc. (CVD) which declined 2.73 to 57.77. Today, the stock has fallen to 57.30 and is working well for bears.


List of Stocks To Sell or Short

(Trading strategy: These stocks can be sold short, or if held should be sold. If a stock is sold short, a protective stop buy should be placed. Short plays work best when the stock market is in a down trend.)

  


Commentary on TTD’s Feature Bear Play

Athenahealth Inc. (ATHN) - 29.36, down 5.99

Profits Disappoint For Quarter, TTD Sees Decline to 23

. ATHN, based in Watertown, Ma., provides internet-based business services for physician practices. Annual revenues: $189 million. ATHN's stock falls sharply today after the company comes in with disappointing earnings for the first quarter. So far today, the stock is trading an extremely heavy 9.5 million shares, ten times its normal daily volume of 914,000 shares. TTD sees more on the downside.

  TTD highlighted ATHN as a short at our midsession show on the Web Friday.

  ATHN came in with first quarter earnings of 6 cents a share, excluding a special item. The 6 cents was well below the 13 cents a share projected by the Street and also lowest estimate of 10 cents a share. So, the results were a big disappointment.

  The stock fell at the opening touching a low of 27.85. The stock rallied slightly and then trended sideways in the afternoon.

  ATHN's tape action shows the recent big block trades. One can see the price for the blocks during this sequence falling from $36.94 to $28.70. A key trade took place in the morning when a big block of 75,000 shares crossed the tape at $29. That was down sharply from the prior block at $35.20.

  The tape action indicated aggressive institutional selling pressure.

 ATHN programs include a database of payer reimbursement process rules, back-office service operations that perform administrative aspects of billing and clinical data management for physician practices, and automated and live patient communication services.

 ATHN's main product is athenaCollector. It automates and manages billing-related functions for physicians and includes a medical practice management platform.

  The Company has also developed a service offering, athenaClinicals that automates and manages medical-record-related functions for physician practices and includes an electronic health record platform.

  This year analysts were forecasting a 98% surge in net to 57 cents a share from 29 cents a year ago. Those estimates will be cut.

   ATHN's chart shows the big gap move lower today and heavy volume. Notice the stock's breakdown comes from a head-and-shoulder pattern. The stock's accumulation - distribution line (bottom of chart) was showing heavy selling pressure prior to today's gap drop.

 Strategy Opinion:  TTD is targeting ATHN for a decline to 23 within the next few months, or sooner. A protective stop buy can be placed near 31.50.


  


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.”

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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. Some of the charts are from Telescan, Insight Trading, First Alert and other sources.)