Go To TTD's Pre-Market Opening Breakout Watch Stock Lists Tuesday, March 4
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Go To TTD's Pre-Market Opening Breakout Watch Stock Lists Tuesday, March 4 |
| Go to Video Show - "How to Make Money With Breakout Stocks" |
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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 breakout and Short Selling report.
It contains Breakout Stocks and Stocks under 
Significant Accumulation.
Data is from tape action for the day. These stocks are most suitable for aggressive investors seeking ideal entry points for leading stocks.
These stocks will do very well during bull markets and strong market rallies.
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 corrections
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.
TTD often suggests using stop buy orders to enter. It is very important to buy a breakout stock as close as possible to the break point. 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.
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.
Total Buy Breakouts so far today - none
Stocks Screened - 8,200
Bull side - No breakouts today as stock market spends most of the day in the red. Bulls be patient.
Long-Term Environment for bulls: Neutral
Market Status (Daily) - NYSE Bearish, Nasdaq Bearish
Market Status (Weekly) -NYSE Bullish, Nasdaq Bearish
(Today, TTD features a stock near its breakpoint and acting strong )
BRKR, based Billerica, Ma., makes mass-spectrometry instruments for use in laboratory research. Annual revenues: $500 million. BRKR bucks today's weak market and heads higher with strong volume. The stock's pattern shows a cup-and-handle base. However, the stock is very extended near term having moved from the bottom of its base at 10 (see TTD's daily chart). Nevertheless, TTD is impressed by the strong volume in the stock. 
So far today, BRKR is trading 2.6 million shares, triple its normal daily volume of 707,000 shares. That is excellent buying considering the stock market was off sharply most of the day.
TTD's clip of BRKR's tape shows the stock under good accumulation around midday. A big block of 22,5000 shares crossed the tape on a modest up tick to $15.
BRKR makes spectrometers that analyze solid or liquid samples through an ionization process.
The company also makes kits that purify DNA fragments and collect and process samples used in substance detection and pathogen identification.
The company also produces software for use in liquid chromatography, biomolecule identification and sequencing, and genetic interpretation.
TTD's long-term chart shows that BRKR's stock has been working higher the past few years.
TTD's daily chart shows BRKR climbing from 7 to 15 the past several months. Most importantly, it has displayed strong strength by surging the past few sessions despite the stock's market's dive.
The stock's technicals affirm the price advance nicely. The TTD momentum indicator is strongly bullish (see top of chart). The accumulation - distribution line (bottom of chart) has hit a new peak.
That says the stock's run up is supported by strong buying and so far there is no underlying selling going on.
This year, BRKR's profits should skyrocket 46% to 50 cents a share from 34 cents a year ago. The stock sells with a price-earnings ratio of 30, which is reasonable given the good earnings growth.
Going out to 2009, analysts predict BRKR's net will increase 27% to 63 cents a share.
What makes the stock look very dynamic near-term is the strong profit outlook for the next two quarters.
For the upcoming first quarter, earnings should leap 113% to 9 cents a share from 4 cents a year ago. The highest estimate on the Street is at 12 cents a share. So, some are looking for a possible very big quarter. Revenue growth is running at 35%. Going out to the second quarter, analysts expect profits to jump 100% to 10 cents a share from 5 cents a share a year ago.
Strategy Opinion: BRKR is a very strong acting stock. TTD sees the issue with potential to climb to 20 within a few months. One should consider scaling into the stock only, because it is extended near term. TTD rates the stock a very good intermediate-term play.
Sponsorship: Good. One of the largest fund buyers recently was 5-star rated Wells Fargo Advantage Small Cap Opportunity Fund, which purchased 502,000 shares.
Insider Activity: Bullish. Insiders have been heavy buyers lately around $9 area. Four analysts follow the stock, 3 have a buy, the same as three months ago.
| TTD's Breakout Profile
Rating Bruker Corp. (BRKR) |
| TTD Check List | Bullish | Bearish | Neutral |
| Near 52-week High | YES | ||
| Volume Expansion | 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 | 12 | 0 | 2 |
(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.
(Trading strategy: One should buy breakout stocks at breakpoint by using market order or stop buy)
Charts of Breakout Stocks
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 - 8
Stocks Screened - 8,200
Long-Term Environment for bears: Neutral
Bear Side - Small list of breakdown stocks today as the stock market continues to work lower. Bears can be venturesome. Seek to go with fundamentally damaged stocks or stocks with big technical breakdowns with no news. The action could well signal bearish news to come.
(Trading strategy: These stocks can be sold short, or if held should be sold. If a stock is sold short, a protective stop buy should be placed. Short plays work best when the stock market is in a down trend.)
CETV, based in Bermuda, operates national and regional commercial television stations and channels in Central and Eastern Europe. Annual revenues: $840 million. CETV, a leading stock, gaps lower today on heavy volume undercutting key near-term support. The company announced plans for a $425 million debt offering. The technical breakdown in the stock is very bearish. It comes after the issue showed signs of a top.
So far today, CETV is trading 1.5 million shares, five times its normal daily volume of 277,000 shares.
The stock got off to a bearish start in the morning. TTD's clip of the tape shows a big block of 19,305 shares crossing at $85.75. The trade came within a sequence started by a down tick. That trade was followed by a smaller trade, but a down tick to $85.
The tape action showed clear institutional selling pressure.
CETV has TV operations in Croatia, the Czech Republic, Romania, the Slovak Republic, Slovenia, and Ukraine. Being in the TV Ad business, the company's business could be vulnerable to an economic slowdown which would trigger corporate cutbacks in advertising.
This year, analysts are forecasting a 71% surge in net to $4.26 a share from $2.49 a year ago. So, expectations for strong profits this year are high.
TTD's daily chart shows a classic top. The stock peaked around 126 in November. It then pulled back and then rallied again but failed to get to the prior peak. It then rolled over to 90. Today, it gaps lower on big volume. The bearish hand writing was on the wall. Technically, CETV's TTD momentum indicator is very bearish (see top of chart). The stock's accumulation - distribution line (bottom of chart) has rolled over too.
TTD is targeting CETV for a decline to 73 within a few months, or sooner. We see the stock as a good trading short with potential for a big downside surprise.
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. Some of the charts are from Telescan, Insight Trading, First Alert and other sources.)
