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.
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)
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 email@example.com.For service, email Beverly Owen firstname.lastname@example.org. TTD’s Tel: 1-480-926-1680.
Total Buy Breakouts so far today - 8
Overall Quality of Breakouts - Average
Stocks Screened - 8,300
Bull side - Good number of breakouts with some interesting plays. Bulls be venturesome. Stock market still in a trading range. (Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Neutral
Stock Market Momentum:
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - PERI - ABOVE AVERAGE
PERI, based in Israel, provides internet products like email and social link products. Annual revenues: $49 million. PERI, a small cap play, breaks out strongly today from a six-week base. The move carries the stock to a new all-time high of $12.47. PERI came public back in 2006 and traded around $8.80.
TTD highlighted PERI as a breakout at our midsession video show on the Web Tuesday.
The stock surged higher in the morning after the company boosted its earnings outlook for 2013.
PERI raced to an intraday peak of $12.47 in the late morning. It then drifted back a bit in the afternoon, but held above its breakpoint. (See 10-minute chart)
The company said earnings for 2013 would hit at least $1.61 a share.
Currently, the Street is forecasting 2913 net at $1.46 a share. That was also the highest estimate by analysts. So, the bullish news came as a surprise and pushed the stock higher.
PERI's tape action shows the big block trades. One can see the news drew in some good institutional buying.
The price for the blocks jumped from $9.22 a few days ago to as high as $112.07.
A key bullish block came in the morning when 9,600 shares crossed the tape at $11.14. That was up sharply from the prior block on the tape at $9.21.
PERI is a digital media company that provides products and services to consumers.
The company offers a portfolio of products that include: IncrediMail Premium, an e-mail product sold in over 100 countries in 10 different languages.
It also makes Smilebox, a photo sharing and social expression product and service that lets customers quickly turn life's moments into digital creations to share and connect with friends and family.
Also, among its products is PhotoJoy, a photo discovery and sharing screensaver & wallpaper product; and Fixie, a PC optimization product. PERI, formerly known as IncrediMail Ltd., is headquartered in Tel Aviv, Israel.
PERI's 12-month performance chart shows the stock appreciating a sensational 180% versus a 20% gain for the S&P 500 index. One can also see a lot of insider selling late in the year - they sold too early!
PERI's long-term chart shows the stock coming public in 2006. The stock hit a peak near $10.50 in 2007. It then fell during the bear market to $1.80 in 2008. It rallied again to a peak of $10.80 in 2009, fell back, and has come on again. The pus to a new high could draw in more buying on Wednesday.
PERI's daily chart shows the stock climbing steadily from 4 back in June to a peak near $10.40 in early December.
The stock then pulled back a bit to form a base. However, today, it drives sharply higher gaping out from its base with big volume.
The move came with the news. So, it looks a bit like a blow off from a base. However, the momentum and fundamentals are there to carry the stock higher in coming weak.
PERI's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) dips a bit, but was in an overall up trend.
For 2012, analysts expect PERI to post a 20% increase in net to 85 cents a share from 71 cents a year ago. The company should finish with a strong fourth quarter with profits surging 86% to 26 cents a share from 14 cents a year ago.
Of course for 2013, the firm has projected net at $1.61 a share. That was up from the current Street estimate of $1.46 a share.
Looking ahead to the first quarter of 2013, profits should rise 50% to 27 cents a share from 18 cents a year ago.
Strategy Opinion: TTD is targeting PERI for a move to 14.50 off this breakout. A protective stop can be placed near 10.40.
TTD rates PERI a slightly above average intermediate-term play. The company is in a very competitive industry.
Sponsorship: Average. The largest fund holder is Catalyst Value Fund, 2-star rated, with a 4.6% stake. It has held its position steady. A key fund buyer recently was 3-star rated Bogle Small Cap Growth Fund which purchased 32,082 shares.
PERI has 12 million shares outstanding. Institutions hold only 1% of the stock.
Insider Activity: Not available. One analyst follows the stock and has a buy, the same sentiment as three months ago.
Stock Performance Chart with Quarterly Earnings Markers
Insider Activity - Buying in Green - Selling in Red
|TTD's Breakout Profile
Perion Network Ltd. - (PERI)
|TTD Check List||Bullish||Bearish||Neutral|
|Near 52-week High||YES|
|Price Trend - Daily||YES|
|Price Trend - Long Term||YES|
|Price Daily Spread||YES|
|Base - A-D||YES|
|Prior Breakout Success||YES|
Charts of Selected Breakout Stocks
|TTD's Quality Rating of Stock - CTRX - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - TIL - AVERAGE|
|TTD's Quality Rating of Stock - SIG - AVERAGE|
|TTD's Quality Rating of Stock - CYBX - 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 - 3
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Small list of breakdown stocks today. Bears be selective. ITT Educational Services Inc. was TTD's short for Monday at $15.83. ESI is down to 15.17 today and working well for bears.
FIO, based in Salt Lake City, makes storage memory products. Annual revenues: $403 million. FIO's stock gaps lower today with heavy volume. The company is expected to report a decline in earnings for the fiscal year ending in June of 2013. TTD sees more on the downside.
TTD highlighted FIO as a short at our midsession video show on the Web Tuesday.
The stock moved lower in the morning and hit an intradaylow of 19.11 around 10: a.m. The stock then lifted slightly, but is starting to fade in the afternoon.
The stock's tape action shows the recent big block trades.
One can see the price for the blocks declining from $21.79 on Monday to a low of $19.21.
A key bearish trade came in the morning when a block of 219,064 shares crossed the tape at $19.81. That was down sharply from the prior block at $21.80.
FIO makes storage memory platforms that help in data decentralization. Its ioMemory modules move process-critical, or active data closer to the CPU where it is processed.
Products developed by the Company include ioMemory hardware, VSL virtualization software, directCache automated data-tiering software, and ioSphere platform management software. It sells its products in the U.S., the United Kingdom, Germany, Japan, Hong Kong, Singapore, Australia, and Canada.
FIO's earnings for the fiscal year ending in June should decline 13% to 11 cents a share from 13 cents a year ago.
The stock's daily chart shows the stock gapping lower with expanding volume. The stock's accumulation - distribution line (bottom of chart) is in a down trend indicating clear selling pressure.
Strategy Opinion: TTD is targeting FIO for a drop to 16.50 within the next few months, or sooner. A protective stop buy can be placed near $19.50.
|TTD's Quality Rating of Stock - FIO - 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.”
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(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.)