Daily - Go to TTD's Chart scroller of Breakout and Leading Stocks - Thursday, March 3, 2016
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Daily - Go to TTD's Chart scroller of Breakout and Leading Stocks - Thursday, March 3, 2016 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, February 29, 2016 |
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Go to Video Show - "How to Make Money With Breakout Stocks" |
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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.
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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. Trading Strategies Bullish 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) Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns (See Performance) |
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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 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 - 6
Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large with some good looking plays. Paper and Aerospace stocks breaking out. Stock market holds in up trend.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Bullish
Stock Market Momentum
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
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TTD's Quality Rating of Stock -ALGN - ABOVE AVERAGE |
ALGN, based in San Jose, Ca., makes a variety of dental products. Annual revenues: $845 million. ALGN's stock breaks out Thursday from a four-month flat base. The move carries the stock to a new all-time high. That is bullish. 
TTD featured ALGN as a stock to accumulate about a week ago.
So far today, ALGN is trading 465,590 shares. Its average daily volume is 624,000 shares.
The volume is light for a breakout stock. So, it will be important to see follow through action.
The stock has a beta of 2.0 versus 1.0 for the stock market. So, ALGN tends to be twice as volatile as the stock market.
The stock pushed higher in the morning and worked steadily high during the day.
It reached an intraday peak at 67.76 near the close.
ALGN's tape action shows the recent block trades.
One can see the price for the blocks climbing from $68.24 on Wednesday to as high as $69.44 near Thursday's close.
A key bullish trade came late on Thursday when a block of 24,925 shares (duplicated) crossed the tape at $69.44.
That was up from the prior block at $69.20 on 5,000 shares.
ALGN has tended to show some big institutional buying near the close.
ALGN makes a system of clear aligned therapy, intra-oral scanners, and computer-aided services for use in dentistry, orthodontics, and dental records storage.
Its clear aligner segment offers a treatment for malocclusion; Invisalign teen treatment that addresses the orthodontic needs of teenagers. It also makes other dental products.
ALGN's 12-month performance chart shows the stock appreciating 20% versus a 5% decline for the stock market.
ALGN's long-term chart shows the stock climbing to a peak of 29.71 in 2007, the top in the prior bull market.
The stock then fell back to 4.88 in 2008 due to the following bear market.
However, since then the stock has been trending strongly higher having made a 14-fold move. 
ALGN's daily chart shows the stock climbing from 55 back in September to a peak near 68 by October.
The stock then put down a flat base that showed two recent shakeouts to the downside.
The stock breaks out Thursday to clear resistance.
ALGN's CCI momentum indicator is bullish.
The accumulation - distribution line (bottom of chart) is trending higher now showing good buying.
This year, analysts are forecasting a 21% jump in net to $2.14 a share from the $1.77 a year before.
The stock sells with a price-earnings ratio of 30. That is high but okay.
Going out to 2017, the Street projects a 29% jump in profits to $2.75 a share from the anticipated $2.14 this year.
Net for the upcoming first quarter is expected to be up just 5% to 40 cents a share from 38 cents the year before.
However, the highest estimate on the Street is at 45 cents a share. The company has topped the consensus estimate the past three out of four quarters. (see table)
Looking ahead to the second quarter, profits are projected to jump 29% to 50 cents a share from 39 cents the year before.
Strategy Opinion: TTD is targeting ALGN for a move to 80 off this breakout.
A protective stop can be placed near 66.
TTD rates ALGN a good intermediate-term play provided earnings remain on course.
Sponsorship: Average. The largest fund buyer recently was the 3-star rated Lord Abbett Developing Growth A Fund with a 0.7% stake. It was a recent buyer of 558,485 shares as a new position.
ALGN has 79.5 million shares outstanding. Institutions hold 93% of the stock and insiders have 5%.
Insider Activity: Slightly Bearish. Insiders have been light sellers of the stock.
Currently, 12 analysts follow the stock and all 12 have a buy, up from 11 three months ago.
ALGN has a book value of $10.67 a share.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Align Technology Inc. - (ALGN) |
| TTD Check List | Bullish | Bearish | Neutral |
| Near 52-week High | YES | ||
| Volume | YES | ||
| Tick Volume | YES | ||
| Price Trend - Daily | YES | ||
| Price Trend - Long Term | YES | ||
| Price Daily Spread | YES | ||
| Base Structure | YES | ||
| Base - A-D | YES | ||
| Earnings-Quarterly | YES | ||
| Earnings-Long Term | YES | ||
| Earnings Outlook | YES | ||
| Industry Group | YES | ||
| Prior Breakout Success | YES | ||
| Fund Sponsorship | YES | ||
| Total Score | 11 | 0 | 3 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - CSH - AVERAGE |
| TTD's Quality Rating of Stock - TAST - AVERAGE |
| TTD's Quality Rating of Stock - FLIR - AVERAGE |
| TTD's Quality Rating of Stock - CSBK - 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 - 4
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Small list of breakdown stocks Thursday. Stock market rallies to score small gain. Bears be patient and conservative.
HRTG, based in Clearwater, Fla., is a property and casualty insurance holding company in Florida. Annual revenues: $379 million. HRTG's stock falls sharply Thursday and undercuts key technical support. TTD sees more on the downside. 
HRTG reported net for the fourth quarter of 66 cents a share from 65 cents a year ago.
The stock responded bearishly to the news.
The stock is trading a heavy 609,285 a shares, four times its average daily volume of 167,000 shares.
HRTG's stock trended lower in the morning. The stock touch a low of 17.39 near the close Thursday.
HRTG's tape action shows the recent block trades.
One can see the price for the blocks falling from $19.76 in the prior session to as low as $17.44 near the close Thursday.
A key bearish trade came around noon when a block of 10,000 shares crossed the tape at $17.76.
That was below the $19.80 share block that crossed on 8,383 shares.
HRTG offers personal residential insurance for single-family homeowners and condominium owners; rental property insurance; and commercial residential insurance.
The company has 1,300 independent agents.
This year, analysts are forecasting a 2% decline in net this year to $2.99 a share from the $3.05 a year before.
HRTG's daily chart shows the stock declining from 25 in November to around 18 in early January. Today, the stock cuts below key support with big volume.
The stock's accumulation - distribution line (bottom of chart) is strongly bearish.
Strategy Opinion: TTD is targeting HRTG for a decline to 13.50 within the next few months, or sooner. A protective stop buy can be placed near 18.50.
| TTD's Quality Rating of Stock - HRTG - 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.)
