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 - 27
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large with some good looking plays. Stock market rallying now within a trading range. Bulls need to be watchful.
(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 Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bearish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - CSGP - ABOVE AVERAGE
CSGP, based in Northwest, Was., provides information services to the commercial real estate industry. Annual revenues: $441 million. CSGP's stock breaks out today from a 13-week flat base. The move carries the stock to a new all-time high. So far today, CSGP is trading a heavy 455,074 shares, double its average daily volume of 171,000 shares.
TTD highlighted CSGP as a breakout at our midsession video show on the Web Friday.
The company recently reported strong earnings.
CSGP's 10-minute chart shows the stock driving through its breakpoint in the morning.
The stock hit an intraday high at 198.99 during the day.
The stock held tough through the afternoon not giving any ground.
CSGP's tape action shows the recent block trades.
One can see the price for the blocks surging from $177.01 in the prior session to as high as $197.97.
A key bullish block came late on Thursday when a block of 8,548 shares (duplicated) crossed the tape at 183.
That was up from the prior block at 178 on 25,000 shares.
The stock closed strong as a block of 15,577 shares (duplicated) crossed the tape at $197.97.
That was up nicely form the prior block at $195.47.
CSGP provides information services to the commercial real estate industry.
The company's digital services include a leasing marketplace, a selling marketplace, sales comparable information, decision support, contact management, tenant information, property marketing, and industry news.
CSGP has three assets that provide a foundation for this marketplace: comprehensive national databases; large research department; and large number of participating organizations.
CSGP's 12-month performance chart shows the stock appreciating 105% versus a 21% gain for the S&P 500 index.
CSGP's long-term chart shows the stock climbing from 20 in 2002 to a peak of 63.10 in 2007, the top in the prior bull market. The stock then pulled back to $25 in 2009 during the subsequent bear market.
Since then the stock has soared to a peak of $198.99, a new high and an eightfold move. The push to a new high could bring in more buying on Monday.
CSGP's daily chart shows the stock climbing from 130 in July to a peak near 188 by late November.
The stock then put down a flat base with a shakeout in late June. It then rallied back and today blows out of its base.
The stock showed strong volume on an up move in the prior session. So, the stock has been under good buying pressure.
The stock's TTD momentum indicator is extremely strong.
The accumulation - distribution line (bottom of chart) has broken out to the upside too confirming good underlying buying in the stock.
Analysts are projecting a strong 42% surge in profits this year. They look for net of $2.37 a share, up from $1.66 in 2013.
The stock sells with a price-earnings ratio of 83. That is rich. So, the stock is most appropriate for aggressive investors.
Going out to 2015, the Street looks for a 40% gain in net to $3.31 from the anticipated $2.37 a share for this year.
For the upcoming first quarter, analysts expect a hefty 538% surge in profits to 51 cents a share from 8 cents the year before.
The highest estimate on the Street is at 51 cents a share - the same as the consensus.
TTD sees good chances for an upside earnings surprise. The past three quarters, CSTR topped the consensus by 4 cents a share, 7 cents and 11 cents.
Looking ahead to the second quarter, earnings should climb 29% to 58 cents a share from 45 cents the year before.
Strategy Opinion: TTD is targeting CSGP for a move to 225 within the next few months. A protective stop can be placed near 190.
TTD rates CSGP an average intermediate-term play and the stock most suitable for aggressive investors.
Sponsorship: Excellent. The largest fund holder is 4-star rated Baron Growth Retail Fund with a 3.5% stake. It has held its position steady.
A key fund buyer recently was the 5-star rated T. Rowe Price New Horizons Fund which purchased 84,900 shares. It is the second largest fund holder with a 3.3% stake.
CSGP has 28.9 million shares outstanding. Institutions hold 98% of the stock.
Insider Activity: Bearish. Insiders have been light buyers using stock options at $18.71. They were sellers around $181. Currently, 5 analysts follow the stock, 4 have a buy, the same as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
|TTD's Breakout Profile
Costar Group Inc. - (CSGP)
|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 - BCR - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - LINTA - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - GSM - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - SSTK - 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 - 2
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Small list of shorts today. Bears be selective. Stock market in a trading range within an up trend.
NCMI, based in Continental, Co., operates a digital theatre network. Annual revenues: $456 million. NCMI's stock falls sharply Friday with massive volume. The company lowered its revenue forecast for this year. So far today, NCMI is trading a heavy 2.9 million shares, 14 times its average daily volume of 231,000 shares. TTD sees more on the downside.
TTD highlighted NCMI as a short at our midsession video show on the Web Friday.
The company said it expects first quarter revenue of $67.0 million to $72.0 million.
That is below the current consensus revenue estimate on Wall Street of $79.8 million.
For all off 2014, the company expects revenue of $430 to $440 million. That is below the current consensus estimate of $466 million.
The market took the news very bearishly and the stock fell sharply in the morning hitting an intraday low of 13.93.
The stock then lifted to around 16 and trended sideways the rest of the session.
NCMI's tape action shows the recent block trades.
One can see the bearish trade in the morning coming when a block of 52,467 shares (duplicated) crossed the tape at $16.01. That was down sharply from the prior block at $17.80.
NCMI operates the largest digital in theatre network in North America. It allows them to distribute advertisements for clients.
They have long term exhibitor services agreements with Cinemark and Regal, the largest motion picture exhibition companies in the U.S
This year analysts were forecasting a 19% increase in net to 67 cents a share from 57 cents a year ago. That forecast may come down after the revenue forecast.
NCMI's daily chart shows the stock gapping lower with big volume. The stock's TTD momentum indicator (top of chart) is now extremely bearish.
Strategy Opinion: TTD is targeting NCMI for a decline to 12.50. A protective stop can be placed near 16.50.
|TTD's Quality Rating of Stock - NCMI - 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: 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.)