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 Trading Strategies Overview and Performance
Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns.
Aggressive Investor Bullish- "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit."
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.
Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns
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.
1 - TTD's Breakout Stocks - Long - (Intermediate-term long plays) these 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.
2 -TTD Quick Trade Stocks - Long - (Short-term long plays 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.
3 - TTD's Bargain Buy Trades - Long - (Long Term long plays. 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.
4 - 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 - 3
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list shrinks as stock market falls sharply Tuesday. TTD was warning that the stock market looked vulnerable to a decline. Bulls must now be conservative as market is liable to work lower. Watch all stops and be selective on the longside. (Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Neutral
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bullish, Nasdaq Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
(Go to Top Performing Breakout Stocks for 2011 - Update February 22)
TTD's Quality Rating of Stock - IART - AVERAGE
IART, based in Plainsboro, N.J., produces medical devices for surgery. Annual revenues: $682 million. IART's stock pushes higher today to follow through on its breakout that took place on Friday. The stock is acting very strong and bucking the selling in the stock market. It is showing strong relative strength. So far today, IART is trading 244,598 shares, almost double its normal daily volume of 133,00 shares.
TTD highlighted IART at our midsession video show on the Web Tuesday.
IART's 10-minute chart shows the stock breaking through its resistance line early on Friday. The stock held nicely.
Today, the stock was able to push a bit higher and duck the heavy selloff in the market. Very impressive action!
IART's tape action has been good with some impressive bullish block trades lately.
TTD's clip of the tape shows the recent blocks with the price climbing from $48.49 to $50.94. A key bullish trade was a block of 33,977 shares (duplicated) that crossed at $50.94. That was up from the prior block at $48.73.
There was a small block of 5,050 shares that crossed Tuesday at $49.91.
IART's products include implants, instruments and equipment for neurosurgery, orthopedic surgery and general surgery.
In December 2009, IART acquired the rights for the Newdeal product lines in the United Kingdom from Athrodax Healthcare International Ltd.
IART has been aggressive in making acquisitions to expand its operations.
IART's 12-month performance chart shows the stock appreciating 29% versus a 19% gain for the S&P 500 index.
IART's long-term chart shows the stock climbing from 5 back in 1998 to a peak of 52 in 2007. It was pulled lower during the bear market tumbling to 20. However, it has since staged a dramatic recovery and is in position to make a new all-time high.
IART's daily chart shows the stock rallying from 34 to 50. The stock then put down a flat base bracketed between 46 and 50. It broke out on Friday with a widening of the spread and a big expansion in volume.
That was very bullish.
The follow through today adds an exclamation point to the breakout.
The stock's TTD momentum indicator (top of the chart) is very bullish.
The accumulation - distribution line (bottom of the chart) is working higher and is bullish too.
A few days ago, IART bough the rights to the Novel Minimally Invasive Expandable Interbody Fusion Technology from Stout Medical Group.
This year, analysts forecast a 7% rise in IART's net to $2.98 a share from the anticipated $2.78 in 2010. The company is expected to report a 29% gain in 2010 net. So, there will be a slowdown in earnings growth. That is unless IART pulls off a deal to boost results.
Net for the first quarter should rise 7% to 67 cents a share from 63 cents a year ago. The highest estimate on the Street is at 71 cents a share. TTD sees chances for IART to show a modest upside surprise with net.
Strategy Opinion: TTD is targeting IART for a move to 60 as a trading play. The stock has good upside momentum. However, earnings growth is not that strong. So, one does need to be watchful. A protective stop can be placed near 48. TTD rates IART an average intermediate-term play.
Sponsorship: Very Good. A key fund buyer recently was 4-star rated American Funds IS Global Small Cap Fund which purchased 472,168 shares. The second largest fund holder is Fidelity Magellan Fund, one-star rated, with a 5.3% stake. IART has 28.3 million shares outstanding.
Insider Activity: Slightly Bearish. Insiders most recent selling came at $47.49. Currently, 19 analysts follow the stock, 9 have a buy, up from 8 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
|TTD's Breakout Profile
Integra LifeSciences Holdings Inc. - (IART)
|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 - VFC - 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 - 12
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Short list expands sharply as stock market takes a dive, while oil prices climb. Airline stock down sharply. Bears can become aggressive now.
CPA, based in Panama City, provides airline service in Latin America. Annual revenues: $1.4 billion. CPA's stock falls sharply today as airlines stocks take a dive on the rising price of crude oil. So far today, CPA is trading 470,597 shares, almost double its normal daily volume of 279,000 shares. TTD sees more on the downside as CPA's earnings are expected to slow this year.
CPA's stock gapped lower at the opening today. The stock continued to work lower during the day unable to mount a rally.
CPA's tape action is shown by the recent block trades.
One can see the price for the blocks declining from $58.25 to $53.85. A key bearish trade came around midday when 29,600 shares crossed the tape at $53.85. That block was down from the prior block at $55.35. It showed heavy institutional selling pressure.
CPA operates through two principal subsidiaries, Copa and AeroRepublica.
Copa operates from the Republic of Panama, and AeroRepublica provides services within Colombia complemented by international flights from various cities in Colombia to Panama, Venezuela and Ecuador. The company has 58 aircraft.
This year, analysts forecast CPA's earnings will rise 6% to $5.27 a share from $4.98 a year ago.
CPA's chart shows the stock gapping lower with a widening of the spread. That shows momentum to the downside is strong.
Strategy Opinion: TTD is targeting CPA for a decline to 46 within the next few months, or sooner. A protective stop buy can be placed near 55.
|TTD's Quality Rating of Stock - CPA - 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.)