Daily - Go to TTD's Tape of  Stock Charts - Tuesday, February 21

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance -  Tuesday, February 21

Ticker Tape Digest

Tuesday - February 21, 2012

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.

 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 - 10

Overall Quality of Breakouts - Average

Stocks Screened - 8,300

Bull side -  Good number of breakouts today as stock market finishes mixed with blue chips higher. Bulls can be venturesome. Stock market holds in up trend with momentum still bullish.

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Neutral

Market (Daily) - NYSE Bullish, Nasdaq Bullish

Market (Weekly) - NYSE Bullish, Nasdaq Bullish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish 

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action -

(See Top Performing Breakout Stocks for 2011- 2012)

(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 )  

Today's Featured TTD Breakout Stock

Carlisle Cos. (CSL) - 50.45, up 1.29 - Breakpoint 49.95

Stock Nears All-time High Set in 2007, TTD Targets 60

  CSL, based in Charlotte, N.C., makes construction, automotive and industrial products. Annual revenues: $3.2 billion. CSL's stock breaks out today from a five-week flat base. The stock has been trending higher and is now in position to make a new all-time high. It just needs to top 51.57. So far today, CSL is trading 496,546 shares. Its average daily volume is 297,000 shares.

  TTD highlighted CSL as a breakout at our midsession video show on the Web Tuesday.

  CSL's 10-minute chart shows the stock driving higher in the morning. It hit an intraday high of 50.99.

  The stock then trended sideways during midsession, and then gave some ground in the afternoon.

  TTD's clip of the tape shows CSL's big block trades. One can see the price for the blocks climbing from $48.98 to a peak of $50.78.

  A key bullish block came when 2,600 shares crossed the tape at $49.44. That was up from the prior block trade at $48.98.

  CSL makes a variety of products across a broad range of industries.

  They include roofing, construction, trucking, automotive, foodservice, industrial equipment, lawn and garden and aircraft manufacturing.

  The company markets their products both as a component supplier to original equipment manufacturers, as well as directly to end users.

  CSL's 12-month performance chart shows the stock appreciating 19% versus a 4% gain for the S&P 500 index.

  One can see on our chart there has been some recent insider buying. That is encouraging for bulls.

  CSL's long-term chart shows the stock climbing from 18 back in 2000 to a peak of 51 in 2007. The stock then fell back to 17 during the bear market. CSL bottomed in late 2008. It has since worked higher.  

  CSL's daily chart shows the sock climbing from 31 in early October to around 50 by January. The stock then formed a flat base. Today it breaks out with a good expansion in volume.

  The stock's TTD momentum indicator (top of chart) is solidly bullish. It has been mostly bullish for the past three months.

  The accumulation - distribution line (bottom of chart) has complimented the price of the stock. There has been no unusual selling pressure.

  CSL is poised to show a modest acceleration in quarterly earnings growth. Net for the first quarter should rise 14% and then in the second quarter 25%.

  Accelerating earnings growth is a good fundamental pusher for a stock.

  Net for the first quarter should come in at 60 cents a share, up from 53 cents a year ago. The highest estimate on the Street is at 68 cents a share. TTD sees chances for a modest upside surprise. The company topped the consensus estimate by 4 cents a share and 3 cents in the prior two quarters.

  Net for the second quarter is expected to climb 25% to $1.09 a share from 87 cents a year ago.

  Overall, profits for the year should rise 23% to $3.63 a share from $2.95 a year ago. The stock sells with a price-earnings ratio of just 13. TTD sees that as low making the stock attractive to value investors.

 Going out to 2013, the Street expects a 16% rise in net to $4.19 a share from the anticipated $3.63 in 2012.

  Strategy Opinion: TTD is targeting CSL for a move to 60 off this breakout. A protective stop can be placed near 47. TTD rates CSL a good intermediate-term play that is especially attractive to value investors.

  Sponsorship: Excellent. The largest fund holder is JP Morgan Mid Cal Value fund with a 2.5% stake. The 5-star rated fund has kept its position steady. Also, 5-star rated Eaton Vance Atlanta Capital SMID cap Fund was a recent purchaser of 341,010 shares. CSL has 61.8 million shares outstanding. Institutions hold 86% of the stock.

  Insider Activity:  Neutral. Light selling by insiders. The latest was around $48. Five analysts follow the stock, 4 have a buy, the same as three months ago.

 Stock Performance Chart with Quarterly Earnings Markers

  Insider Activity - Buying in Green - Selling in Red

Charts of Selected Breakout Stocks

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 - 2

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Just a few breakdown stocks today as stock market holds in up trend. Bears be patient and selective.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Skywest Inc. (SKYW) - 12.25, down 0.77

Airline Shows Loss, TTD Sees Trip to 9.40

  SKYW, based in St. George, Utah., operates Sky West Airlines Inc. Annual revenues: $3.7 billion. SKYW's stock falls sharply today after the company reported a loss for the fourth quarter. So far today, SKYW is trading a light 102,979 shares. Its average daily volume is 193,000 shares. TTD sees more on the downside.

  SKYW said for the fourth quarter it had a loss of 35 cents a share compared with a profit of 67 cents a year ago. Although the loss was in line with Street estimates, the stock responded bearishly.

  SKYW's stock fell sharply in the morning. It continued to fly lower into the afternoon hitting an intraday low of 12.17. The stock then leveled off, but was unable to stage an effective rally.

  SKYW's tape action shows the recent block trades.

  One can see the price for the blocks declining from $13.28 to $12.50. A key bearish trade came when 2,000 shares crossed the tape at $12.66. That was down from $12.98 on the prior block trade.

  SKYW operates a regional airline. It provides passenger and air freight service and completes over 880 daily flights. SKYW operates as a Delta connection in certain SkyWest markets. SKYW also entered into a marketing agreement with Continental Airlines, Inc. It allows SKYW to operate as a Continental connection in certain markets in and out of Los Angeles.

  This year, analysts are forecasting a SKYW will show a profit of 61 cents a share compared with a loss of 30 cents a share in 2011.

  SKYW's daily chart shows a sharp drop to the downside. The stock had a similar decline in November.

  Strategy Opinion:  TTD is targeting SKYW for a decline to 9.40 within the next few months or sooner. A protective stop buy can be placed near 12.90.

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.”

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.)