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 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 firstname.lastname@example.org.For service, email Beverly Owen email@example.com. TTD’s Tel: 1-480-926-1680.
Total Buy Breakouts so far today - 10
Overall Quality of Breakouts - BELOW AVERAGE
Stocks Screened - 8,400
Bull side - Breakout list very selective but some interesting plays. Stock market pulls back as oil continues to get hit.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Stock Market Momentum
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bearish, Nasdaq Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - CYNO - AVERAGE
CYNO, based in Westford, Ma., makes products to for use for dermatology, plastic surgery, and general medical problems. Annual revenues: $281 million. CYNO breaks out today from a six-week flat base. The move puts the stock close to a seven-year high.
So far today, CYNO is trading 190,600 shares. Its average daily volume is 229,000 shares.
CYNO's stock pushed higher in the morning and cleared its base. (See 10-minute chart)
It hit an intraday peak of 30.95.
The stock then trended sideways the rest of the day holding its ground despite the overall pull back in the stock market for the day.
Northerland Capital initiated coverage of CYNO with an outperform on Monday.
Also, on January 8, Brean Capital put out a buy.
So the stock has received a "push" from those firms recently
CYNO's tape action shows the recent block trades.
One can see the price for the blocks advancing from $30.19 on Friday to a peak of $30.70 by late on Monday.
A key bullish trade came in the morning when a block of 7,134 shares crossed the tape at $30.64.
That was up sharply from the prior block at $30.19 on 1,094 shares.
Then near the close a bullish trade came when a block of 12,037 shares (duplicated) crossed at $30.70.
CYNO makes aesthetic treatment systems primarily to the dermatology, plastic surgery, and general medical markets.
Its aesthetic treatment systems use a range of laser and other light-based energy sources, including Alexandrite, pulse dye, Nd:YAG, Er:YAG, Erbium:glass, CO2, and diode lasers, as well as intense pulsed light devices.
The company's aesthetic treatment systems comprise Elite product line for hair removal, treatment of facial, and leg veins and pigmentations; Smartlipo product line for LaserBodySculpting for the removal of unwanted fat.
Its Cellulaze product line treats cellulite and the SmoothShapes XV product line helps to reduce the appearance of cellulite.
The company also makes a variety of other products for body treatment.
CYNO's 12-month performance chart show the stock appreciating 11% versus an 18% gain for the S&P 500 index. So, it has lagged for the 12-months. However, it has come on strong the past few months.
CYNO's long-term chart shows the stock climbing from $11 back in 2006 to a bull market peak of 45 in 2007. The stock then fell hard during the bear market tumbling to 5 in early 2009. However, since then CYNO has worked its way back to 30.
CYNO's daily chart shows the stock climbing from 20 in October to a peak near 30 by December.
The stock then put down a flat base above its rising 50-day moving average line.
The stock's breakout is solid.
The TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) is in an up trend and compliments the price action.
For 2014, analysts expect CYNO to check in with an 8% increase in net to $1.15 a share from $1.06 a year ago.
However, going out to 2015, analysts look for a robust 35% surge in profits to $1.55 a share from $1.15 anticipated for 2014.
The stock sells with a price-earnings ratio of 18. TTD sees that as okay.
CYNO's net for the upcoming fourth quarter should be flat at 39 cents a share. The highest estimate on the Street is at 41 cents a share.
CYNO has a tendency to top Street estimates. It did that 10 out of the past 11 quarters. (see table)
Profits for the first quarter of 2015 should be strong soaring 74% to 33 cents a share from 19 cents the year before.
Strategy Opinion: CYNO's breakout near-term is significant and also long-term (see long-term chart). TTD is targeting CYNO for a move to 38 within the next few months, or sooner.
A protective stop can be placed near 28. TTD rats CYNO a good intermediate-term play that could surprise on the upside if earnings click.
Sponsorship: Good. The largest fund holder is the 3-star rated Wells Fargo Advantage Emerging Growth with a 2.6% stake.
The largest fund buyer recently was TIAA-CREF Small Cap Equity Fund which purchased 83,182 shares. The 3-star rated fund has 1.7% stake.
CYNO has 21.7 million shares outstanding. Institutions hold 85% of the stock and insiders 5%.
Insider Activity: Neutral. Insiders have not done much selling. Their latest sells was at 28. However, they were recent buyers using stock options around $15.
Currently, 4 analysts follow the stock and all 4 have a buy, down from 6 three months ago. CYNO has a book value of $15.57.
Stock Performance Chart with Quarterly Earnings Markers.
|TTD's Breakout Profile
Cynosure Inc. - (CYNO)
|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 - HOLX - AVERAGE|
|TTD's Quality Rating of Stock - VAC - AVERAGE|
|TTD's Quality Rating of Stock - DFT - AVERAGE|
|TTD's Quality Rating of Stock - BMY - 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 - 20 - maximum
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Large number of shorts. Oil sector gets pounded. Stock market remains choppy. Bears be selective.
NOV, based in Houston, makes equipment for oil and gas drilling and production. Annual revenues: $24.7 billion. NOV's stock falls sharply Monday along with many other oil stocks. However, NOV's stock cuts below key technical support. TTD sees more on the downside.
So far today, NOV is trading a heavy 7.6 million shares. Its average daily volume is 4.7 million shares.
TTD highlighted NOV as a short at our midsession video show on the Web Monday.
The stock fell steadily Monday and hit an intraday low of 58.18 around midday.
Then late in the session it lifted.
NOV's tape action shows the recent block trades.
One can see the price for the blocks declining from $62.12 in the prior session to as low as $58.25.
A key bearish trade came in the morning when a block of 70,079 shares crossed the tape at $60.82.
That was down sharply from the prior block trade at $62.12 on 52,668 shares.
NOV offers offshore and onshore drilling rigs, derricks, pipe lifting, racking, rotating, and assembly systems, rig instrumentation and blowout preventers.
It also provides coiled tubing equipment and pressure pumping units, well work over rigs; wire line winches and trucks, cranes and flexible pipe.
Analysts are forecasting NOV will show a 9% increase in net for 2014 to $6.01 a share from $5.52 a year ago.
However, for 2015, they look for a 5% drop in profits to $5.73 a share from the anticipated $6.01 a share.
NOV's daily chart shows the stock trending lower from 88 in September to as low as 60 by December. The stock tried to rally, but has since faded and cut below support. The TTD momentum indicator (top of chart) is bearish.
Strategy Opinion: TTD is targeting NOV for a decline to 51 within the next few months or sooner. A protective stop buy can be placed near 60.40.
|TTD's Quality Rating of Stock - NOV - BELOW 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: 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.)