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Daily - Go to TTD's Tape of  Stock Charts - Thursday, March 7

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Thursday, March 7, 2013

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 4, 2013

See TTD's Top Performing Breakouts 2011-2012


Go to Video Show - "How to Make Money With Breakout Stocks"


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Ticker Tape Digest

Thursday - March 7, 2013


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.


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)

 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.

Quote or chart

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 - 14

Overall Quality of Breakouts - ABOVE  AVERAGE

Stocks Screened - 8,300

Bull side -  Large number breakouts with several high quality plays. Stock Market still holds up trend. Bulls can be venturesome.

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Favorable

Market (Daily) - NYSE Bullish, Nasdaq Bullish

Market (Weekly) - NYSE Bullish, Nasdaq Bullish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish 


Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - March 7

(See Top Performing Breakout Stocks for 2011- 2012)

(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. They are ranked according to percentage change and classified as leaders or other. (Trading strategy: One should buy breakout stocks at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  


Today's Featured TTD Breakout Stock

Centene Corp. (CNC)  - 47, up 0.95 - Breakpoint 46.64

Net to Leap 40% This Year, TTD Targets 58

                    TTD's Quality Rating of Stock - CNC - ABOVE AVERAGE

    CNC, based in St. Louis provides managed care programs. Annual revenues: $8.7 billion. CNC's stock breaks out today from a 14-week, cup-and-handle base. The move puts the stock in good position to attack its all-time high at 50.98. So far today, CNC is trading 642,697 shares. Its average daily volume is 496,000 shares.

  TTD highlighted CNC recently as a stock to accumulate in anticipation of a breakout.

  CNC's 10-minute chart shows the stock moving above its breakpoint line around noon.

  The stock continued to gain momentum and cleared its breakpoint with distance to spare in the afternoon. Late in the session, it pulled back a bit.

  One can see on the chart strong volume around midday and then again late in the session.

  CNC's tape action shows the recent big block trades.

  One can see the price for the blocks climbing from $46.04 the day before to a peak of  $47.10.

  A key bullish trade came in the morning when a block of  9,100 shares crossed the tape at $46.37. That was up from the prior block at $46.04.

  CNC provides managed care programs and related services to individuals receiving benefits under Medicaid, including Supplemental Security Income, and the State Children's Health Insurance Program.

  The company provides services through local staff by assisting in accessing care, coordinating referrals to related health and social services.

 It also provides education and outreach programs to inform members in accessing appropriate healthcare services.

It combines its decentralized local approach for care with a centralized infrastructure of support functions, such as finance, information systems and claims processing. The company operates in two areas: Medicaid Managed Care and Specialty Services.

  CNC's long-term chart shows the stock spending a long time in a basing pattern from 2006 to 2010.

  However, it has now moved into a long-term up trend and is in good position to challenge its all-time high at 50.98 set in April of 2012. If CNC can make a new high, it would be very bullish and could draw in more buying.   

  CNC's daily chart shows the stock in a cup-and-handle base.

  Today, the stock just clears the resistance line

  The base was well structured

 CNC spent time near the top of the base prior to the breakout. That is bullish as it rested and set up well for the breakout.

  The TTD momentum indicator (top of chart) is solidly bullish.

  The accumulation - distribution line (bottom of chart) already broken out to the upside. That was a good bullish lead indicator.

  This year, analysts are forecasting a 40% jump in net to $2.67 a share from $1.90 a year ago.

  The stock sells with a price-earnings ratio of 17. That is very low given the earnings growth rate. So, CNC is a very good looking growth-value play.  Its P/E is less than half the earnings growth rate.

  Going out to 2014, the Street is forecasting a 30% gain in net to $3.48 a share from the anticipated $2.67 for this year.

  Net for the upcoming first quarter is expected to be down 3% to 43 cents a share from 45 cents a year ago. However, the highest estimate on the Street is at 57 cents a share. Plus, in the prior quarter, CNC topped the consensus estimate by a sensational 14 cents a share, or by 42%.

  So, there are chances for an upside surprise.

  Going out to the second quarter, profits are projected at 66 cents a share compared with a loss of 16 cents a share a year before.

  Strategy Opinion: TTD is targeting CNC for a move to 58. A protective stop can be placed near 43.

  TTD rates CNC a very good intermediate-term play provided earnings remain on course.

 Sponsorship: Excellent. The largest fund holder is T. Rowe Price Health Sciences Fund with a 1.8% stake. The 5-star rated fund was a recent buyer of 175,000 shares. Also 5-star rated T. Rowe Price New Horizons Fund was a recent buyer of 185,800 shares.

  CNC has 52.3 million shares outstanding. Institutions hold 99% of the stock.

  Insider Activity: Neutral. Insiders have options at $39 to $45 recently. The have done very little selling. Currently, 14 analysts follow the stock, 7 have a buy, down from 8 three months ago.    



TTD's Breakout Profile Rating
Centene Corp. - (CNC)  
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 13 0 1

Charts of Selected Breakout Stocks

                    TTD's Quality Rating of Stock - VAIL  - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - TIS - ABOVE AVERAGE

                    TTD's Quality Rating of Stock - SBUX  - ABOVE  AVERAGE

                    TTD's Quality Rating of Stock - BRFS  - ABOVE  AVERAGE


Ticker Tape Digest’s

Stocks To “Sell or Short”

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 - 3

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Stock market works higher. Small number of breakdown stocks today. Bears be selective. TTD's short from Wednesday was Aerovironment Inc. (AVAV) at 19.43. Today, the stock has declined to 19 and is working well for bears.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Layne Christensen Co. (LAYN) - 21, down 0.90

Showing Loss for the Year, TTD Sees Side to 17

  LAYN, based in Mission Woods, Kansas, provides drilling services. Annual revenues: $1.1 billion. LAYN's stock falls sharply today. The company reported a loss for the fiscal year ending January of 2013. So far today, LAYN is trading 133,57 shares, double its normal daily volume of 65,000 shares.

 TTD highlighted LAYN as a short at our midsession video show on the web Thursday.

  The company said it will show a loss from continuing operations, net of income taxes, of between $23 million and $25 million, or $1.18 to $1.28 per diluted share.

  LAYN said noted that it continues to evaluate assets associated with its strategy to provide global solutions to water, mineral and energy clients.

  In that regard, the loss from continuing operations will include non-cash, pre-tax charges of $6 to $8 million associated with the write-off of non-core products and technologies at Water Resources and Energy Services.

  The stock fell sharply in the morning and then trended sideways the rest of the day. LAYN hit an intraday low of $20.43.

  The stock's tape action shows the recent block trades. One can see the price for the blocks declining from $22.19 a few days ago to $20.99. A key bearish trade came in the morning when a block of 3,620 shares (duplicated) crossed the tape at $21. That was down sharply from the prior block at $21.92.

  LAYN provides drilling services and related products in four principal markets: water-related products and services, mineral exploration drilling, geotechnical construction and oil and gas services and production.

   LAYN's chart shows the stock gapping lower on expanding volume. The stock's TTD momentum indicator (top of chart) has turned bearish.

   Strategy Opinion:  TTD is targeting LAYN for a decline to 17 within the next few months, or sooner. A protective stop buy can be placed near 22.20.


                    TTD's Quality Rating of Stock - LAYN -  AVERAGE


TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking "Day Trades" for the long side. We take no responsibility for the accuracy of this data, although every effort is made to present the information correctly. Copyright Ticker Tape Digest. - 2013

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.”

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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.)