Daily - Go to TTD's Tape of Stock Charts - Wednesday. May 7, 2014 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, May 5, 2013 |
Go to Video Show - "How to Make Money With Breakout Stocks" |
---|
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) |
---|
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 - 4
Overall Quality of Breakouts - BELOW AVERAGE
Stocks Screened - 8,300
Bull side - Small list of breakouts, but some interesting plays. Bulls be conservative. Stock market still whipping back and forth in trading range.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Stock Market Momentum
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bullish, Nasdaq Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bearish
Ticker Tape Digest's
TTD's Quality Rating of Stock - PXD - AVERAGE |
PXD, based in Irving, Tex., is an oil and gas exploration and production company. Annual revenues: $3.5 billion. PXD's stock breaks out from an 11-week, cup-and-handle base. The move was triggered by favorable quarterly earnings. So far today,PXD is trading a heavy 3.2 million shares, almost three times its average daily volume of 1.3 million shares.
PXD came in with net from operations for the first quarter of $1.03 a share, up from 63 cents a year ago.
The stock rose sharply in the morning peaking at $209.45.
The stock then backed off later in the morning. It then came on again to get back to its early morning peak.
It then trended sideways into the close.
PXD's tape action shows the recent block trades.
One can see the price for the blocks surging from $198.50 late in the prior session.
They hit a peak of $208.80 on Wednesday with the key block coming late in the morning on 7,600 shares.
The key bullish trade came in the morning when a block of 23,444 shares crossed at $206.52. That was up sharply from the prior block at $198.50.
PXD is an oil and gas exploration and production company with operations in the U.S.
The company explores for, develops and produces oil and gas reserves and in doing so sells homogenous oil, NGL and gas units.
PXD operates in the Permian Basin, Eagle Ford Shale, Barnett Shale, Rockies, Mid-Continent and Alaska.
The company conducts its drilling operations in Texas’ Spraberry/Wolfcamp oil field in the Permian Basin and the Eagle Ford Shale play in South Texas.
It has its natural gas operations in the Rockies and Mid-Continent regions with assets in the coal bed methane-rich Raton Basin as well as in the Hugoton and Texas Panhandle gas fields.
PXD's 12-month performance chart shows the stock appreciating 50% versus a 12% gain for the S&P 500 index.
There was strong insider buying earlier in the year (see green bars on performance chart.
PXD's long-term chart shows the stock working higher from $31 back in 2004 to a peak of $82 in 2008. The stock then was dragged down to $13 by early 2009 due to the bear market.
Since then, PXD has been hot soaring to an all-time high of $227 late last year. It remains in position to attack its all-time high.
PXD's daily chart shows the stock rising from 165 in January to around 205.
The stock then formed a classic cup-and-handle base.
The breakout looks solid with a widening of the daily spread (range from high to low) and an expansion in volume.
The stock's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) is trending higher and shows good underlying buying.
This year, analysts are forecasting a 28% jump in profits to $5.19 a share from $4.06 a year ago.
The stock sells with a price-earnings ratio of 40. That is high.
Looking out to 2015, the Street projects a 25% gain in profits to $6.50 a share from the anticipated $$5.19 this year.
For the up coming second quarter, net will be a bit soft. It is projected to increase a modest 5% to $1.16 a share from $1.10 the year before.
Net for the third quarter is estimate by analysts to rise 12% to $1.41 a share from $1.26 the year before.
The company tends to be erratic with its earnings versus Street expectations. So, the stock needs to be watched closely.
Strategy Opinion: TTD is targeting PXD for a move to 240 off this breakout. One can take profits at the target area. A protective stop can be placed near 203.
TTD rates PXD a trading play since earnings growth will slow.
Sponsorship: Excellent. Many four and five star rated funds hold the stock. The largest fund buyer recently was the 4-star rated T. Rowe Price Inst. Large Cap Growth Fund which purchased 318,600 shares. It has a 0.85% stake.
Also, the 5-star rated T. Rowe Price Value Fund was a recent buyer of 180,000 shares.
PXD has 64.2 million shares outstanding. Institutions hold 92% of the stock.
Insider Activity: Slightly Bearish. Insides were recent buyers using stock options from #23 to $49 a hare. They sold around $182 to $189.
Currently, 24 analysts follow the stock, 15 have a buy, down from 16 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
TTD's Breakout Profile
Rating Pioneer Natural Resources Co. - (PXD) |
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 | 13 | 0 | 1 |
Charts of Selected Breakout Stocks
TTD's Quality Rating of Stock - CCI - AVERAGE |
TTD's Quality Rating of Stock - NOA - BELOW AVERAGE |
TTD's Quality Rating of Stock - EA - 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 - 16
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Short list expands as stock market is mixed. Bears an be venturesome. Nasdaq market acting bearish long-term.
AOL, based in New York, operates a website that provides news and advertising. Annual revenues: $2.3 billion. AOL's stock falls sharply after the company reported disappointing earnings for the first quarter. So far today, AOL is trading a heavy 13.8 million shares, ten times its average daily volume. TTD sees more on the downside.
AOL was highlighted as a short at our midsession video show on the Web on Wednesday.
The company reported disappointing earnings for the first quarter of 11 cents a share, down from 32 cents a year ago.
AOL's stock fell steadily in the morning. It hit an intraday low of 32.31 around midday. The stock then lifted a bit late in the session to trim its loss.
AOL's tape action shows the recent block trades.
One can see the price for the blocks falling from $43.60 a few sessions ago to as low as $33.46.
A key bearish trade came when a block of 43,326 shares crossed the tape at $39.95. That was down sharply from the prior block at $43.90 on 25,592 shares.
The Company is a media and technology firm that provides internet content with brands, products and services that it offers to consumers, advertisers, publishers and subscribers.
Its segments include The Brand Group, which consists of its portfolio of content brands as well as certain service brands. The Brand Group also includes co-branded websites owned or operated by third parties for which certain criteria have been met, including that the internet traffic has been assigned to the Company.
The Membership Group, which consists of offerings that serve its registered account holders, both free and paid. The results for this segment include the performance of its subscription offerings and advertising offerings on Membership Group properties, including communications products such as AOL Mail, as well as from performance compensation received for marketing third party products and services.
AOL Networks consists of interconnected programmatic and premium advertising offerings that advertisers and publishers use to reach consumers across all devices.
AOL's earnings this year are expected to rise 3% to $1.78 a share from $1.73 a year ago. Profits for the upcoming second quarter should rise 2%.
AOL's daily chart shows the stock gapping lower on big volume and cutting below key technical support.
Strategy Opinion: TTD is targeting AOL for a decline to 28. A protective stop buy can be placed near 35.50.
TTD's Quality Rating of Stock - AOL - 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.)