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 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 firstname.lastname@example.org.For service, email Beverly Owen email@example.com. TTD’s Tel: 1-480-926-1680.
Total Buy Breakouts so far today - 15
Overall Quality of Breakouts - Average
Stocks Screened - 8,300
Bull side - A good number of breakouts. Bulls be selective. Stock market tyring to consolidate within overall up trend. Seasonal pattern still favors bulls.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - MIC - AVERAGE
MIC, based in New York, is a conglomerate with stakes in airport service and parking. Annual revenues: $1 billion. MIC's stock breaks out today from a six-week flat base. The move carries the stock to a new all-time high. So far today, volume is running at 202,721 shares. Its average daily volume is 268,000 shares.
MIC's stock moved higher in the morning. It peaked in the early afternoon at 53.16. In the afternoon the stock pulled back slightly an then trended sideways.
The stock showed good action during the day.
When it moved higher intraday it was picking up volume.
However, the volume was average for the day.
The stock needs to show a follow through and a pick up in volume in coming sessions.
TTD's clip of the tape shows the recent big block trades.
One can see the price for the blocks climbing from $49.78 a few sessions ago to a as high as $51.38.
A key bullish trade came a few sessions ago when a block of 25,000 shares crossed the tape at $50.19. That was up sharply from the prior block trade at $49.86.
MIC owns, operates and invests in a diversified group of infrastructure businesses, which provide basic, everyday services, in the U.S. and other developed countries.
Its initial businesses and investments consist of an airport services business,Atlantic and AvPorts, an airport parking business called PCAA and Avistar.
It also owns a district energy business called Thermal Chicago and Northwind Aladdin, a UK regulated water utility.
MIC's 12-month performance chart shows the stock appreciating 55% versus a 15% gain for the S&P 500 index. There was a lot of selling by MIC insiders recently (see red bar on chart).
MIC's long-term chart shows the stock coming public in December of 2004 and trading around 29. The stock advanced to a peak of 47 in 2007. However, the bear market set in and dragged the stock down to $1.08. Nasty! However, MIC has made a powerful comeback. It is now in position to make a new high which could draw in more buying.
MIC's daily chart shows the stock climbing from 42 in August to 52 by February.
The stock then set up a flat base. The breakout today looks solid clearing the base easily.
The stock's TTD momentum indicator (top of chart) is solidly bullish.
The accumulation - distribution line (bottom of chart) is in an overall up trend showing good underlying buying.
Analysts are calling for strong profits for the next two quarters.
Net for the first quarter should surge 253% to $1.06 a share from 30 cents a year ago. The second quarter net should leap 313% to 99 cents a share from 24 cents a year ago.
The company has had a tendency to miss consensus Street estimates. (see table). However, the stock has not reacted negatively to the news the past few quarters. See performance chart.
Overall, the Street is looking for MIC to post an earnings gain of 16% for the year to $4.12 a share from $3.56 a year ago.
The stock sells with a price-earnings ratio of just 12. TTD sees that as attractive for value players.
Strategy Opinion: TTD is targeting MIC for a move to 64 off this breakout. It will be important to see a follow through move.
A protective stop can be placed near 49, which is tight.
TTD rates MIC an average intermediate-term play, but one that could surprise big on the upside during the next few months.
Sponsorship: Very Good. The largest fundholder is 5-star rated Principal Mid Cap R2 Fund with a 1.3% stake. It was a recent buyer of 26,325 shares. There are six funds holding the stock that have a 5-star rating. That is impressive.
Insider Activity: Neutral. Not much activity lately. Five analysts follow the stock and all 5 have a strong buy, the same rating as three months ago. That is impressive!
Stock Performance Chart with Quarterly Earnings Markers.
|TTD's Breakout Profile
Macquarie Infrastructure Co. - (MIC)
|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 - NKE - AVERAGE|
|TTD's Quality Rating of Stock - ODFL - AVERAGE|
|TTD's Quality Rating of Stock - MIC - AVERAGE|
|TTD's Quality Rating of Stock - TJX - 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 - 3
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of breakdown stocks as stock market lifts. Bears remain conservative since the stock market is still in an up trend. TTD's short from Thursday was Scholastic Corp. (SCHL) at 26.50. It is trading at 26.17 so far today and working well for bears.
TIBX, based in Palo Alto, Ca., produces business software. Annual revenues: $1 billion. TIBX's stock falls sharply today after the company reported disappointing earnings for the fiscal first quarter ended February 28. So far today, volume is running at 22.6 million shares, almost 10 times its average daily volume of 2.4 million shares. TTD sees more on the downside.
TTD highlighted TIBX as a short at our midsession video show on the Web Friday.
The company reported that net for the fiscal first quarter fell to 6 cents a share from 12 cents a year ago.
The stock gapped lower in the morning. It hit an intraday low of 19.15. Then in the afternoon the stock staged a rally to trim its deficit. However it still remained in the red for the day.
TIBX's tape action shows the recent block trades.
On e can see the price for the block falling from $24.02 a few sessions ago to as low as $19.51. A key bearish trade came when a block of 130,276 shares crossed the tape at $19.40. That was down sharply from the prior block trade at $24.01 a few session ago.
TIBX provides software solutions that enable businesses to integrate internal operations, business partners and customer channels in real- time.
TIBX's software enables computer applications and systems to communicate efficiently across local or wide area networks, including the Internet.
TIBX's daily chart shows the stock trending lower from 32 back in September to around 20. The stock tried to form a bottom. However, today it gaps lower on big volume. The TTD momentum indicator (top of chart) is now bearish.
This fiscal year ending in November analysts have been forecasting a 14% rise in net to 90 cents a share. That forecast may come down.
Strategy Opinion: TTD is targeting TIBX for a decline to 17 within the next few months, or sooner. A protective stop buy can be placed near 21.70.
|TTD's Quality Rating of Stock - TIBX - 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.)