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.
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)
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 high 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 email@example.com.For service, email Beverly Owen firstname.lastname@example.org. TTD’s Tel: 1-480-926-1680.
Total Buy Breakouts so far today - 12
Overall Quality of Breakouts - ABOVE AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large with some good looking plays. Stock market stages strong come back rally. Holds 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 Bearish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - JAZZ - ABOVE AVERAGE
JAZZ, based in Palo Alto, Ca., develops drugs to meet needs in neurology and psychiatry. Annual revenues: $1.2 billion. JAZZ stock breaks out today from a 15-week flat base. The move carries the stock to a new all-time high. That is bullish. So far today, JAZZ is trading 921,192 shares. Its average daily volume is 824,000 shares.
JAZZ has been on the a great medical stock play. It has skyrocketed from 74 cents a share back in 2009 to $186.
JAZZ's stock broke out in the morning hitting a peak of 185. (see 10-minute chart)
However, the stock back tracked a bit and slipped below its breakpoint line.
Howvever, late in the day with the stock market rallying strongly, JAZZ got in step with the bullish music and drive higher to reach an intraday peak of 187.70.
It gave a little ground near the final bell.
TTD's clip of the tape shows the recent big block trades.
One can see the price for the blocks working higher from $182.46 in the prior session to as high as 186.36 Wednesday.
A key bullish trade on the tape came in the morning when a block of 7,741 shares (duplicated) crossed at $183.05.
That was up from the prior block trade at $182.46 on 12,646 shares late in the prior session.
JAZZ products comprise Xyrem for the treatment of cataplexy and excessive daytime sleepiness (EDS) in patients with narcolepsy.
It also makes Erwinaze to treat acute lymphoblastic leukemia and Defitelio to treat VOD, a potentially life-threatening complication of HSCT.
JAZZ also produces Prialt for the management of severe chronic pain and FazaClo LD and FazaClo HD tablets for the treatment-resistant schizophrenia. It also produces other medical products.
JAZZ's 3-year performance chart shows the stock appreciating a sensational 300% versus a 50% gain for the S&P 500 index.
One can see heavy insider selling the past several months. (see red bars on chart)
JAZZ's long-term chart shows the stock in a powerful up trend.
The push to a new high could well bring in buying from the new-high crowd.
JAZZ's daily chart shows the stock climbing from 138 back in October to a peak near 183 by December.
The stock then pulled back and eventually formed a flat base.
It attempted a breakout in February but fell back.
Today it completes a drive across the breakpoint resistance zone made up of two breakpoints. The move comes with a pick up in volume.
The stock's TTD momentum indicator (top of chart) is solidly bullish.
The accumulation - distribution line (bottom of chart) is in an up trend and compliments the price action.
It shows good underlying buying to support the breakout.
This year, analysts forecast a 20% jump in net to $8.88 a share from $7.40 for 2014.
The stock sells with a price-earnings ratio of 20.
TTD sees that as reasonable given the growth rate.
Going out to 2016, analyst look for a 22% gain in profits to $10.84 a share from the anticipated $8.88 this year.Net for the upcoming first quarter should show a strong 36% jump to $1.87 a share from $1.38 a year ago.
Going out to the second quarter, the Street expects a 24% rise in net to $2.17 a share from $1.75 the year before.Strategy Opinion: TTD is targeting JAZZ for a move to 220 after this breakout.
A protective stop can be placed near 176.
TTD rates JAZZ a very good intermediate-term play due to its solid earnings outlook. There is a chance for a stock split which could draw in more buying.
Sponsorship: Excellent. The top five fund holders have a four-star rating or better.
The largest fund holder is Putnam Capital Spectrum A Fund with a 7.3% stake. It has held its position stead.
Many of the fund holders have kept their positions unchanged.
JAZZ has 60.7 million shares outstanding. Institutions hold 77% of the stock. Insiders have 14%.
Insider Activity: Bearish. Insiders were recent heavy sellers of the stock at $170 to $172. They were buyers using stock options recently at $46.Currently, 17 analysts follow the stock and 14 have a buy, down from 15 three months ago. JAZZ has a book value of $22.61.
Stock Performance Chart with Quarterly Earnings Markers.
|TTD's Breakout Profile
Jazz Pharmaceuticals Plc. - (JAZZ)
|TTD Check List||Bullish||Bearish||Neutral|
|Near 52-week High||YES|
|Price Trend - Daily||YES|
|Price Trend - Long Term||YES|
|Price Daily Spread||YES|
|Base - A-D||YES|
|Prior Breakout Success||YES|
Charts of Selected Breakout Stocks
|TTD's Quality Rating of Stock - BOFI - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - MSG - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - UFI - ABOVE AVERAGE|
|TTD's Quality Rating of Stock - MCO - 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 - 8
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of breakdown stocks today and very selective. Stock market shakes off selling Wednesday and rallies strongly. Bears be careful.
SNI, based in Knoxville, Ten., operates TV shows such as Home and Garden, Food Network and Travel Channel. Annual revenues: $2.7 billion. SNI's stock declines today and undercuts key technical support with expanding volume. TTD sees more on the downside.
TTD highlighted SNI as a short at our midsession video show on the Web Wednesday.
SNI's stock declined steadily into the early afternoon when it hit an intraday low of 69.69.
The stock then rallied late in the day as the stock market turned and shot higher.
SNI's tape action shows the recent block trades.
One can see the price for the blocks declining from $71.81 in the morning to as low as $69.95.
A key bearish trade came in the morning when a block of 5,700 shares crossed the tape at $71.
That was down sharply form the prior block trade at $71.81 on 7,491 shares.
SNI develops lifestyle content for linear and interactive video platforms for use around the world.
It operates national television networks such as Home and Garden Television, Food Network, Travel Channel, DIY Network, Cooking Channel, and Great American Country. The company also licenses its content to third parties and brands.
This year analysts are forecasting a 9% rise in net to $4.32 a share from $3.96 a year ago. Net for the first quarter should rise 7%.
SNI's daily chart shows the stock trending lower form 82 back in December to 71 by January. The stock then trended sideways. Today, SNI breaks below support. The stock's TTD momentum indicator (top of chart) is now bearish.
Strategy Opinion: TTD is targeting SNI for a decline to 64 within the next few months or sooner. TTD sees SNI as a trading short. However, any disappointment could send the stock lower. A protective stop buy can be placed near 71.70.
|TTD's Quality Rating of Stock - SNI - 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.”
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(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.)