Daily - Go to TTD's Tape of Stock Charts - Thursday, March 3
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Daily - Go to TTD's Tape of Stock Charts - Thursday, March 3 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, February 28 |
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Go to Video Show - "How to Make Money With Breakout Stocks" Go to Video Show -TTD Performance 2008 Long and Short |
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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 for the long-term. We also feature stocks under 
Significant Accumulation that are poised to breakout.
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Ticker Tape Digest's Trading Strategies Overview and Performance Bullish 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. Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns |
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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.
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 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
Overall Quality of Breakouts - BELOW AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list shrinks as stock market backs off. The market is now in a trading range after its strong gains the past several months. Note weekly indicators are bearish. Bulls go slow and be selective.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Neutral
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bearish, Nasdaq Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
(Go to Top Performing Breakout Stocks for 2011 - Update February 28)
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TTD's Quality Rating of Stock - A - AVERAGE |
A, based in Santa Clara, Ca., produces electronic measurement products. Annual revenues: $5.4 billion. A breaks out today from a seven-week flat base and hits a 10-year high. The company made an acquisition of Lab901 today. So far today, A is trading a heavy 13.3 million shares, triple its normal daily volume of 4.3 million shares. 
A's 10-minute chart shows the stock climbing sharply in the morning and breaking out of its breakpoint line with strong intraday volume.
The stock then backed off a bit but held over the breakpoint line. It then pushed higher again later in the day.
That was a good showing considering the stock market was down sharply for the day.
A's tape action shows the big block trades.
One can see the price for the blocks climbing from $40.68 to a peak of $46.75. That shows strong institutional buying interest.
A key trade today was a big block of 114,400 shares that crossed at $44.37. That was up from the prior block at $42.86.
A produces bio-analytical and electronic measurement solutions for the communications, electronics, life sciences and chemical analysis industries.
It makes products for the electronic measurement, the chemical analysis and the life sciences businesses.
Its electronic measurement business addresses the communications, electronics and other industries. Its chemical analysis business focuses on the petrochemical, environmental, forensics and food safety industries.
A's 12-month performance chart shows the stock appreciating 42% versus a 19% gain for the S&P 500 index. In recent months, A has outperformed very nicely.
A's long-term chart shows the stock in a long-term trading range with important upside resistance at 40. The stock has punched through that and is now looking very good long-term.
A's daily chart shows the stock pushing higher from 28 to a 45. It then put down a flat base bracketed between 40 and 45. The stock has turned up and broken out with expanding volume. That is very bullish.
The stock has been riding its 50-day moving average line higher.
A's TTD momentum indicator (top of chart) is solidly bullish.
The accumulation - distribution line (bottom of chart) is in an overall up trend. That shows good underlying buying for the stock.
This fiscal year ending October 2011 analysts forecast a 32% jump in net to $2.63 a share from $2 a year ago. The stock sells with a price-earnings ratio of 17. TTD sees that as reasonable.
Net for fiscal 2012 is currently projected to rise 13% to $2.96 a share.
The company has been coming out with new products and making acquisitions to expand its operations.
Net for the upcoming fiscal second quarter ending April 30 should leap 51% to 65 cents a share from 43 cents a share a year ago. The highest estimate on the Street is at 66 cents a share. TTD sees very good chances for a modest upside surprise. The past three quarters A topped the consensus estimate by 3 to 6 cents a share.
Strategy Opinion: TTD is targeting A for a move to 55 off this breakout. A protective stop can be placed near 41. TTD rates A an average intermediate-term play.
Sponsorship: Good. The largest buyer recently was 3-star rated Harbor Capital Appreciation Fund which purchased 1.4 million shares. Another key buyer was 5-star rated Fidelity Contrafund which picked up 200,000 shares. A has 348.4 million shares outstanding.
Insider Activity: Neutral. Insiders were buyers using stock options, but they turned around and sold. The latest selling was at $43.24. Currently, 11 analysts follow the stock and all 11 have a buy, up from 10 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Agilent Technologies Inc. (A) |
| 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 | 14 | 0 | 0 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - GILD - AVERAGE |
| TTD's Quality Rating of Stock - PSO - AVERAGE |
| TTD's Quality Rating of Stock - CCOI - BELOW AVERAGE |
| TTD's Quality Rating of Stock -HLS - BELOW 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 - 6
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of breakdown stocks today even as stock market declines broadly. Bears remain alert looking for opportunities Market is now in a trading range. TTD's short play from Thursday Amylin Pharmaceuticals Inc. (AMLN) went off at 11.38, down 3.63. Today it is trading at 10.98 and working lower.
MRVL, based in Hamilton, HM, is a fabless semiconductor provider of application-specific standard products. Annual revenues: $3.6 billion. MRVL's stock gaps sharply lower today after the company reported disappointing earnings for the fiscal fourth quarter ended January 30. So far today, MRVL is trading 49.8 million shares, triple its normal turnover of 14.2 million shares. TTD sees more on the downside. 
MRVL reported fourth quarter net of 33 cents a share, up from 31 cents a year ago. The results were slightly below Street estimates. However, the stock responded very bearishly to the news.
MRVL's stock rose slightly in the morning, but then turned lower. It hit an intraday low of $16.25 in the late afternoon. The stock was unable to rally during the day.
TTD's clip of the tape paints a bearish picture. MRVL's big blocks show the price declining from $18.35 to $16.70. A key bearish trade came in the morning when a block of 302,812 shares (duplicated) crossed the tape at $16.71. That was down from the prior block trade at $18.30. The tape showed heavy institutional selling.
MRVL produces complex system-on-a-chip devices using its technology portfolio of intellectual property in the areas of analog, mixed-signal, digital signal processing and embedded advanced RISC machine microprocessor integrated circuits.
The Company’s product portfolio includes devices for data storage, ethernet data switching, ethernet physical-layer transceivers, handheld cellular, ethernet-based wireless networking, personal area networking.
Analysts forecast that net for the fiscal first quarter ending April 30 will decline 5% to 32 cents a share from 34 cents a year ago. Overall, net for the fiscal year ending January of 2012 is expected to rise 4% to $1.53 a share from $1.47 in fiscal 2011.
MRVL's chart shows the stock gapping lower with big volume. The stock has been under distribution for the past several weeks.
Strategy Opinion: TTD is targeting MRVL for a decline to 12.50 with in the next few months or sooner. A protective stop buy can be placed near 17.50.
| TTD's Quality Rating of Stock - MRVL - 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.)
