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Daily - Go to TTD's Tape of  Stock Charts - Wednesday, May 11

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance -  Thursday, May 12

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, May 9


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

Thursday - May 12, 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.

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 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.

 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 - 3

Overall Quality of Breakouts - Average

Stocks Screened - 8,300

Bull side - Only a few breakouts today even as the stock market moves higher rallying back from morning decline. Bulls be venturesome with high earnings growth stocks.

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Neutral

Market (Daily) - NYSE Bearish, Nasdaq Bullish

Market (Weekly) - NYSE Bullish, Nasdaq Bullish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish 


Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Thursday - May 12

Quote or chart

(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

Avnet Inc.  (AVT) - 37.78, up 0.59 - Breakpoint 37.21

Net to Leap 52% in fiscal  2011, TTD Targets 45

                    TTD's Quality Rating of Stock - AVT  - AVERAGE

  AVT, based in Phoenix, is a distributor of electronic components. Annual revenues: $24.8 billion. AVT's stock breaks out today from a 3-month, cup-and-handle base. The move carries the stock to a 3-year high. So far today, AVT is trading 1.1 million shares, about the same as its average daily volume. TTD highlighted the stock as a breakout at our midsession video show on the Web Thursday.

  AVT's 10-minute chart show the stock moving back across its breakpoint line in the morning. It then showed good follow through action by putting distance between it and the breakpoint.

  That is good follow through action intraday.

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

  One can see a key block trade coming around midday on Thursday.   

  That is when a block of 13,000 shares crossed the tape at $37.56. That was up nicely from the prior block trade at $37.05. The tape action showed good institutional buying interest.

 AVT produces electronic components and computer products.

 The company is a link in the chain that connects suppliers of semiconductors, interconnect products, passive and electromechanical devices to original equipment manufacturers and contract manufacturers that design and build electronic equipment.

  AVT provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers.

  AVT's 12-month performance chart shows the stock appreciating 28% versus a 14% gain for the S&P 500 index.

  AVT's long-term chart shows the stock climbing from 6 in 2002 to a peak of 44 in 2007. It then suffered through the bear market falling back to 13. The stock has since made a great comeback to 37.

  AVT's daily chart show the stock forming a cup-and-handle base and then breaking out. The technical pattern setup looks ideal. The key will be for AVT to demonstrate a follow through.

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

  The accumulation - distribution line (bottom of chart) is in an overall up trend. It shows good buying in the stock recently.

  This fiscal year ending June 30, analysts forecast a 52% surge in net to $4.20 a share from $2.77 a year ago. The stock sells with a price-earnings ratio of just 9.

  Going out to fiscal 2012, the Street is projecting an 8% gain in net to $4.53 a share from the anticipated $4.20 in fiscal 2011.

 For the upcoming fiscal fourth quarter, the company is expected to show a 23% gain in net to $1.13 a share from 92 cents a year ago. The highest estimate on the Street is $1.20 a share.

  Strategy Opinion: TTD is targeting AVT for a move to 45 within the next few months or sooner. A protective stop can be placed near 35. TTD rates AVT an average intermediate-term play.

  Sponsorship: Very Good. The largest fund holder is 5-star rated Artisan Mid Cap Value Investors Fund with a 3.5% stake. Another key fund buyer was 4-star rated Columbia Seligman Communications Fund which bought 441,900 shares. AVT has 153 million shares outstanding.

  Insider Activity: Neutral. Some light selling recently. Nine analysts follow the stock, 8 have a buy, down from 10 three months.



Stock Performance Chart with Quarterly Earnings Markers.

  


TTD's Breakout Profile Rating
Avnet Inc.  - (AVT)  
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 - WAG  - AVERAGE

                    TTD's Quality Rating of Stock - DVOX  - AVERAGE


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 - 7

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Good number of breakouts today. Bears can be venturesome. TTD's short play from Wednesday was STEC Inc. (STEC) at 16.18. So far today the stock has declined to $15.08 and is working well for bears.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Cameco Corp. (CCJ) - 26.33, down 1.40

Weak Second Quarter Coming, TTD Sees Drop to 22

 CCJ, based in Canada, is a producer of uranium and gold. Annual revenues: $2.1 billion. CCJ's stock falls sharply today in heavy trading. The stock's decline undercuts key technical support. So far today, CCJ is trading a heavy 6.3 million shares, double its normal daily volume of 2.5 million shares. TTD sees more on the downside.

  TTD highlighted CCJ at our midsession show on the Web Thursday.

  CCJ's stock fell sharply in the morning with heavy volume. The stock hit an intraday low of 26.17. It trended sideways in the afternoon unable to mount a rally.

  CCJ's tape action shows the recent big block trades.

  One can see the price for the blocks declining from $28.93 to as low as $26.25. A key bearish trade came in the morning when 19,049 shares crossed the tape at $26.58. That was down sharply from the prior block trade at $27.63.

 CCJ is the world's largest publicly traded uranium company/ Its uranium products are used to generate electricity in nuclear power plants around the world.

  This year, analysts forecast a 15% increase in net to $1.45 a share from $1.26 a year ago. However, net for the upcoming second quarter is expected to decline 6% to 26 cents a share from 28 cents the year before. The company has been mentioned as a possible buyout.

  CCJ's daily chart shows the stock falling from 44 to 28 in recent months. The stock tried to form a bottom around 28. However, today that support area falls. The stock's TTD momentum indicator top of chart is bearish. The accumulation - distribution line (bottom of chart) is in a down trend showing the stock is under heavy selling pressure.

   Strategy Opinion:  TTD is targeting CCJ for a decline to 22 within the next few months, or sooner. A protective stop buy can be placed near 27.90.


                    TTD's Quality Rating of Stock - CCJ -  AVERAGE


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.”

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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.)