Go To TTD's Pre-Market Opening Breakout Watch Stock Lists for Friday, March 13
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Go To TTD's Pre-Market Opening Breakout Watch Stock Lists for Friday, March 13 |
| 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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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 today - 5
Stocks Screened - 8,200
Bull's Strategy - Breakouts starting to pick up. Market continues rally within a bear market. So far volume has been contracting. That is a negative for bulls showing a lack of power on the rally - at least so far. Bulls remain selective. Do not chase stocks overly extended in price.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Unfavorable
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) -NYSE Bearish, Nasdaq Bearish
Market (Monthly) NYSE Bearish, Nasdaq Bearish
| TTD's Quality Rating of Stock - HMSY - ABOVE AVERAGE |
HMSY, based in New York, provides health-care cost containment and
payment-accuracy services to government-sponsored health programs in the United
States. Annual revenues:; $174 million. HMSY is a stock TTD has highlighted
recently. Today, it edges out from a six-week flat base. Although, it has just "peeked out of the base" volume so far today is expanding. 
TTD highlighted HMSY at our midsession show on the Web today.
So far today, HMSY is trading 627,574 shares. Its average daily volume is 493,000 shares.
The largest trade of the day was a block of 50,000 shares that crossed in the morning at $35.02. The trade came within a sequence started by an up tick from $35.01.
HMSY's stock rose sharply in the morning peaking around 11 a.m. It then spent the rest of the day trending sideways. The stock tends to be a slow mover overall. It has a beta of 0.26. That is low. The beta of the stock market is 1.00.
HMSY's services aid states in recovering amounts due from third-party insurers, while avoiding and reducing future costs.
The company's clients include state Medicaid agencies, government-sponsored managed care plans, child support agencies, the Veterans Health Administration, and other public programs. The company should do well as agencies try to cut costs.
TTD's performance chart of HMSY
shows the stock appreciating 18% the past 12 months. That compares with a 42% drop in the S&P 500 index. HMSY's performance line shows the stock doing very well the past six months, while the S&P 500 has worked lower. . 
TTD's long-term chart of HMSY shows the stock consolidating within a powerful bull market phase. The stock soared from 3 back in 2003 to a peak of 37 in early 2008. It has since pulled back into a long-term basing pattern. Now it is on the move higher again.
HMSY's daily chart shows the stock with a breakout from a base at $32.49 about six weeks ago. The stock then made was is called a base on top of a base.
Today, it edges out form that base. The stock's technicals are extremely bullish.
The stock's accumulation - distribution line (bottom of chart) is bullish and has broken out strongly to the upside. That is a good omen that the stock can work higher.
The TTD momentum indicator (top of the chart) is strongly bullish.
HMSY recently said with increasing unemployment driving acceleration of the Medicaid program's growth rate, and as states under fiscal duress focus ever more attention on cost containment, the firm is positioned for continued solid revenue and earnings growth in 2009."
Analysts project 2009 net will climb 26% to $1.01 a share from 80 cents in 2008. However, today, HMSY boosted its outlook for 2009 to $1 a share in a recent report. The stock sells with a price-earnings ratio of 35 based on 2009 estimated net. TTD sees that as reasonable. Looking out to fiscal 2010, the Street looks for a 24% rise in net to $1.25 a share.
HMSY is poised to show strong earnings for the first quarter. The Street is forecasting net to jump 56% to 19 cents a share from 12 cents a year ago.
Strategy Opinion: HMSY is a strong acting stock and a leader. TTD is targeting the stock for a move to 43. A protective stop can be placed at 32 giving it room. TTD rates HMSY a very good intermediate-term play provided earnings remain on target. The stock may move slowly. However, as long as it doesn't cut below the stop point, it could do well.
Sponsorship: Very Good. The largest fund holder is 5-star rated Waddell & Reed Science and Technology Fund with a 5.5% stake. It was a recent seller of 282,000 shares. A large fund buyer lately was 4-star rated Lord Abbett Developing Growth Fund which purchased 185,000 shares. HMSY has 25 million shares outstanding. Funds hold 9.5 million shares.
Insider Activity: Neutral. Insiders have been buyers using stock options, but in many cases they have turned around and sold. Five analysts follow the stock, 3 have a buy, the same as three months ago.
Stock Performance Chart for 12 months with Quarterly Earnings Markers.
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TTD's Profile Rating HMS Holdings Corp. - (HMSY) |
| 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 | 14 | 0 | 3 |
(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
| TTD's Quality Rating of Stock - TNDM - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - ASGR - AVERAGE |
| TTD's Quality Rating of Stock - ASIA - AVERAGE |
| TTD's Quality Rating of Stock - OCN - 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 - 2
Stocks Screened - 8,200
Long-Term Environment for bears: Favorable.
Bear Side - Small list of breakdown stocks today. Action showing a rally try within a bear market. Bears be patient. Market still vulnerable to more on the downside. Current rally try coming on contracting volume.
(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.)
DDUP, based in Santa Clara, Ca., produces Enterprise Protection Storage systems for disk backup and network-based disaster recovery. Annual revenues: $234 million. DDUP, a stock that came public in 2007, breaks to a new low today on expanding volume. The stock's technicals are extremely bearish and earnings for the first quarter will be down sharply. TTD sees more on the downside. 
DDUP's stock headed lower in the morning and continue to decline through most of the day. It was unable to mount an effective rally.
So far today, DDUP is trading a heavy 3.3 million shares, triple its normal daily volume of 921,000 shares.
TTD's clip of the tape shows the big blocks today. One can see the price for the blocks declining from $12.65 to $11.47. The tape action shows clearly heavy institutional selling pressure. That is very bearish.
DDUP's data invulnerability and replication technologies offer data reduction rates that enable new efficiencies in enterprise data protection.
The company delivers the performance, reliability and scalability to address the data protection needs of enterprises of all sizes. Its products and solutions integrate into existing customer infrastructures and are compatible with leading enterprise backup software products
Although, analysts see earnings rising this year, the technical action of the stock indicates "some thing is wrong." For the upcoming first quarter, the Street looks for a 50% decline in net to 2 cents a share from 4 cents a year ago.
TTD's daily chart shows DDUP's stock breaking down in late January. It tried to hold but is now breaking down again with heavy volume. The stock's accumulation - distribution line is starting to roll over.
Strategy Opinion: The momentum of selling in DDUP is heavy. TTD sees the stock working down to 8. A protective stop buy can be placed at 12.10.
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.)
