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 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 - 4
Overall Quality of Breakouts - BELOW AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list small and quality low. Bulls be conservative. Stock market continues to work lower a Fed halts easing.
(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 Bearish, Nasdaq Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - CBG - ABOVE AVERAGE
CBG, based in Los Angeles, provides commercial real estate services. Annual revenues: $7 billion. CBG's stock breaks out today from a six-week flat base. The move carries the stock to a two-year high. So far today, CBG is trading a heavy 3.6 million shares. Its average daily volume is 2.1 million shares.
TTD highlighted CBG as a short at our midsession video show on the Web Wednesday.
CBG's stock's breakout today comes against a backdrop of a sliding stock market. So, it is impressive.
CBG's stock pushed higher in the morning to clear its breakpoint line (see 10-minute chart.
The stock then trended sideways the rest of the day not giving any ground despite the stock market's decline during the day.
CBG's tape action shows the recent big block trades.
One can see the price for the blocks advancing from $26.33 to as high as $26.91.
There were several key bullish blocks that signaled that institutional accumulation was taking place.
In the late morning a block of 33,400 shares crossed the tape at $26.84. That was up from the prior block at $26.79.
Then late in the session a block of 91,476 shares crossed at $26.90. The value of the block was at $2.5 million.
That $26.90 price was up from the prior block at 26.87.
CBG is a commercial real estate services firm providing advisory services, capital markets services, valuation services to occupiers, owners, lenders, and investors.
The firm services office, retail, industrial, multi-family, and other commercial real estate assets.
CBG also offers investment management services to pension plans, foundations, endowments and outsourcing services.
CBRE Group was, formerly known as CB Richard Ellis Group.
CBG's 12-month performance chart shows the stock appreciating 24% versus a 17% gain for the S&P 500 index.
CBG's long-term chart shows the stock coming public back 2004 and trading around $6. The stock surged to an all-time high of $42.74 by 2007, the peak in the prior bull market. The price is adjusted for a 3-for-1 stock split.
CBG's stock fell sharply in the following bear market. It dropped to a low of $2.34 a share. However, the stock has eventually worked its way back to 26. It is now in an up trend.
CBG's daily chart shows the stock climbing from 22 in November to around 26 by late December.
The stock then put down a flat base above its rising 50-day moving average line. The breakout today clears the base.
It was preceded by two good days of buying that came on strong volume.
CBG's TTD momentum indicator (top of chart) is solidly bullish.
The accumulation - distribution line (bottom of chart) compliments the price action and shows good buying the past few weeks.
Analysts expect CBG to post earnings on February 5.
They look for profits to climb 17% to $1.43 a share from $1.22 a year ago.
Earnings for the fourth quarter should climb 20% to 66 cents a share from 55 cents the year before. The highest estimate on the Street is at 69 cents a share.
Going out to 2014, profits are projected to rise 19% to $1.70 a share from the anticipated $1.43 a share expected for 2013.
Profits for the first quarter should leap 46% - an acceleration in growth from the anticipated 20% gain for the fourth quarter. That is bullish.
The Street looks for first quarter net of 23 cents a share, up from 16 cents a year ago.
Strategy Opinion: TTD is targeting CBG for a move to 32. The strong earnings outlook should be the key drive. A protective stop can be placed near 25.80, which is tight.
TTD rates CBG an average intermediate-term play.
Sponsorship: Good. The largest fund holder is Goldman Sachs Growth Opportunities Fund with a 1.5% stake. The 3-star rated fund was a recent seller of 55,840 shares.
A key buyer was 5-star rated Baron Real Estate Institutional Fund which purchased 376,800 shares.
CBG has 331.4 million shares outstanding. Institutions hold 91% of the stock.
Insider Activity: Slightly Bearish. Insiders were recent sellers around $25. They have done no buying except one who had an options at 96 cents - yes 96 cents.
Currently, four analysts follow the stock and all have a strong buy, the same sentiment as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
|TTD's Breakout Profile
CBRE Group Inc. - (CBG)
|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 - IBKC - BELOW AVERAGE|
|TTD's Quality Rating of Stock - HZNP - BELOW AVERAGE|
|TTD's Quality Rating of Stock - FNV - 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 - 6
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of shorts even though stock market moves lower. Bears be venturesome. TTD's short from Tuesday was Cirrus Logic Inc. (CRUS) at 18.63. It has now fallen to 17.13 so far on Wednesday.
MKC, based in Sparks, Md., makes and sells spices and flavoring products. Annual revenues: $4.1 billion. MKC's stock falls sharply today and with expanding volume. The company cam e in with lower and disappointing earnings for the fiscal fourth quarter ended in November. TTD sees more on the downside.
TTD highlighted MKC as a short at our midsession video show on the Web Wednesday.
MKC came in with net for the fiscal fourth quarter ended in November of 98 cents a share, down from $1.11 a year ago.
The Street was expecting $1.19. The results disappointed and the stock fell sharply.
MKC's stock fell sharply in the morning. It hit an intraday low of 64.46.
The stock then lifted slightly and then trended sideways the rest of the day.
MKC's tape action shows the recent block trades.
One can see the price for the blocks falling from $69.62 to as low as $64.87.
A key bearish trade came in the morning when a block of 50,000 shares crossed the tape at $66.93. That was down from the prior block at $69.62.
The company makes spices, seasoning mixes, condiments and other flavorful products for the food industry. That includes the retail outlets, food manufacturers and food service businesses.
Its major sales, distribution and production facilities are located in North America and Europe. Additional facilities are based in Mexico, Central America, Australia, China, Singapore, Thailand and South Africa.
Analysts have been forecasting a 9% rise in earnings for the fiscal year ending in November of 2014. Net for the fiscal first quarter ending in February is expected to rise 11%. Those estimates could change due to the weak profits reported for the latest quarterly.
MKC's daily chart shows the stock gapping lower on big volume. The stock's TTD momentum indicator (top of chart) is very bearish.
Strategy Opinion: TTD is targeting MKC for a decline to 58 within the next few months, or sooner. A protective stop buy can be placed near 67.
|TTD's Quality Rating of Stock - MKC - 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.)