Daily - Go to TTD's Tape of Stock Charts - Monday. March 10, 2014
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Daily - Go to TTD's Tape of Stock Charts - Monday. March 10, 2014 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 10, 2013 |
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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 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 - 5
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list small. Bulls be patient and selective. Stock market holding near-term up trend.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
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 - HIMX - ABOVE AVERAGE |
HIMX, based in Taiwan, makes semiconductors used for flat panel displays. Annual revenues: $766 million. HIMX's stock, a small cap leader, breaks out today from a ten-week base. TTD suggests accumulation of HIMX in anticipation of a breakout about a week ago. The stock was also highlighted by TTD at our midsession video show on the Web Monday. 
So far today, HIMX is trading a heavy 19.3 million shares. Triple its average daily volume is 6.4 million shares. 
HIMX's stock rose slightly in the morning and then cut across is breakpoint line. This took place even though the stock market was down for the day.
The stock then trended sideways the rest of the session holding above its breakpoint line.
HIMX's tape action shows the recent block trades.
One can see the price for the blocks advancing from $14.82 in the prior session to as high as high as $15.50 during the day.
A key bullish trade came in the morning when a giant block of 50,028 shares (duplicated) crossed the tape at $14.20.
That was up from the prior block at $13.94 on 70,000 shares. 
HIMX makes semiconductors that are components of flat panel displays.
The company’s main products are display drivers for large-sized TFT-LCD panels, which are mainly used in desktop monitors, notebook computers and televisions.
They are also used as drivers for small and medium-sized TFT-LCD panels, which are mainly used in mobile handsets and consumer electronics products such as netbook computers.
HIMX's 12-month performance chart shows the stock appreciating a sensational 235% versus a gain of 22% for the stock market.
HIMX's long-term chart shows the stock coming public back in 2006 and trading around 8. The stock was dragged lower by the ensuing bear market. It fell to $1 a share in 2008.
The stock has since made a sensational come back climbing to an all-time high of 15.80 on Monday. The new high could draw in more buying from the new-high crowd on Tuesday.
HIMX's daily chart shows the stock climbing from 6 back in August to a peak near 15. by December. 
The stock put down a tight flat base above its rising 50-day moving average line. That was an ideal setup.
Now, HIMX breaks with a widening of the daily spread (range from high to low) and with an expansion in volume.
The stock's TTD momentum indicator (top of chart) is solidly bullish.
The accumulation - distribution line (bottom of chart) lags a bit. It is trending sideways.
TTD sees the key driver to push the stock higher being its good earnings outlook.
Analysts are forecasting a 69% surge in profits this year.
HIMX is poised also to show an acceleration in quarterly earnings growth. That is bullish too.
This year, analysts are forecasting net will climb to 63 cents a share from 37 cents a year ago. The stock sells with a price-earnings ratio of 22. TTD sees that as low making the stock a good value-growth play.
Going out to 2015, the Street is forecasting a 22 gain in net to 77 cents a share from the anticipated 63 cents a share this year. 
For the upcoming first quarter net should climb 13% and then in the second quarter jump 36%.
Net for the first quarter should come in at 9 cents a share, up from 8 cents a year before. Then for the second quarter profits should leap to 15 cents a share from 11 cents the year before.
HIMX tends to meet Street expectations. (see table)
Strategy Opinion: TTD is targeting HIMX for a move to 19 off this breakout. A protective stop can be placed near 14.40.
TTD rates HIMX a very good intermediate-term play provided earnings remain on course.
Sponsorship: Below Average. The largest fund holder is Brandywine Fund with a 0.66% stake. It was a recent buyer of 976,410 shares. The fund has just a one-star rating.
The 2-star rated Putnam Voyager Fund was a recent purchaser of 91,700 shares.
HIMX has 170.5 million shares outstanding. Institutions hold 26% of the stock.
Insider Activity: Not available. Currently, 6 analysts follow the stock, 2 have a buy, down from 4 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Himax Technologies Inc. - (HIMX) |
| 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 | 1 | 0 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - DRII - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - ITC - AVERAGE |
| TTD's Quality Rating of Stock - EJ - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - ADNC - 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 - 9
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Short plays pick up with some Chinese stocks making the list. Bears remain conservative.
CVLT, based in Oceanport, N.J., produces data management software. Annual revenues: $568 million. CVLT's stock falls sharply today and undercuts key technical support. The move sets off a TTD short. So far today, CVLT is trading 693,659 shares. Its average daily volume is 716,000 shares. 
TTD highlighted CVLT as a short at our midsession video show on the Web Monday.
CVLT's stock fell steadily in the morning and undercut its technical support.
The stock then lifted a bit and trended sideways. It was unable to mount a significant rally.
CVLT's tape action shows the recent block trades.
On can see the price for the blocks declining from $68.77 on Friday to as low as $65.19.
A key bears trade came in the morning when a block of 4,104 shares (duplicated) crossed the tape at $67.55. That was down from the prior block trade at $68.77.
CVLT provides unified data management solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks.
The CommVault QiNetix platform, based on CommVault's Common Technology Engine, integrates Galaxy backup and recovery, snapshot management and recovery, remote replication, active data migration and archiving, e-mail compliance, enterprise service level management and reporting and storage resource management software solutions.
The QiNetix unified approach allows customers to add integrate QiNetix components, at a fraction of the time, effort and money required by separate point products.
Analysts are forecasting CVLT will show a 17% decline in earnings for the first quarter and a 3% drop in the second quarter.
CVLT's daily chart shows the stock undercutting near-term support. The stock's accumulation-distribution line (bottom of chart) is trending lower showing clear selling pressure.
Strategy Opinion: TTD is targeting CVLT for a decline to 58. A protective stop buy can be placed near 66.20.
| TTD's Quality Rating of Stock - CVLT - 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.)
