stocks

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.

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

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.

Bull's Strategy - Just a few breakouts today as stock market stages broad rally. Key market indicators are now bullish. So, bulls should be alert to enter quality stocks and to expand exposure on the bullside. Government news the key stimulus.

Today's Feature Breakout Stock

Illumina Inc. (ILMN) - 37.81, up 2.40 - Breakpoint 36.72

Profits to Jump 43% This Year, TTD Targets 47

ILMN, based San Diego, Ca., makes equipment for the genomics research market. Annual revenues: $525 million. ILMN breaks out today from a seven-week, cup-and-handle base with expanding volume. The stock moved in concert with the stock market's strong rally on Monday. So far today, ILMN is trading 2.8 million shares. Its average daily volume is 2 million shares.

TTD highighted ILMN at our midsession show on the Web.

The stock is one of the best looking breakout stocks today. TTD's clip of the tape shows a big block of 50,000 shares crossing on a modest up tick to $37.90 from the prior trade at $37.89.

The tape action showed good institutional buying. The 50,000 share block was one of the largest in the stock.

ILMN's systems are used for genotyping, gene expression analysis, and DNA sequencing. The firm generates most of its revenue through consumable sales such as DNA chips and chemical reagents, which are needed on a per-experiment basis to complement its systems.

The company sells most of its products to academic and government research centers. Illumina generates more than half of its revenue in the U.S.

TTD's performance chart shows ILMN up a modest 2% the past 12 months. However, it outperformed the S&P 500 index which is down 40%. One can see on the chart that ILMN's stock has been performing extremely well this year

TTD's long-term chart shows ILMN with a sensational move from 2 to 47 peaking last year. The stock then pulled back sharply to the 20 area. It is now trending higher aggressively.

The daily chart shows ILMN climbig from 20 to the mid-30s. It set up its base and today breaks out nicely. The stock's technicals are supportive. The TTD momentum indicator (top of the chart) is modestly bullish.

The accumulation - disribution line (bottom of chart) is in an overall up trend.

TTD sees the key driver for ILMN being the strong earnings outlook.

This year, analysts predict a robust 43% increase in net to 90 cents a share from 63 cents a year ago. The stock sells with a price-earnings ratio of 42. That is high, but in line with the earnings growth for this year.

Going out to 2010, the Street forecasts a 29% gain in net to $1.16 a share from the anticipated 90 cents a share.

For the upcoming first quarter, earnings should leap 60% to 19 cents a share from 12 cents a year ago. The highest estimate on the Street is at 22 cents a share.

TTD sees chances for an upside earnings surprise. In the prior quarter, ILMN topped the consensus estimate on the Street by 7 cents a share, or by 41%.

Revenue growth in the most recent quarter was 43%. The company is benefiting from the launch of new products and the initiation of new deals.

Strategy Opinion: ILMN is one of the best looking breakouts in some time. TTD is targeting the stock for a move to 47 within the next few months. Aggressive investors can take a full position. Conservative investors scale in. A protective stop can be placed near 35.50 giving it room. TTD rates ILMN an excellent intermediate-term play provided earnings meet expectations.

Sponsorship: Average. The largest fund holder is 4-star rated Fidelity Growth Company Fund with a big 7.2% stake. However, the fund was a recent seller of 900,000 shares. The largest buyer lately was 2-star rated Oppenheimer Capital which purchased 1.1 million shares. ILMN has 123 million shares oustanding. Funds hold 59 million shares.

Insider Activity: Neutral. Insiders have been buyers using stock options. They have then turned around and sold. Eight analysts follow the stock and all have buy. That is impressive!

Stock Performance Chart for 12 months with Quarterly Earnings Markers.

Timely Breakout Stocks From Tape Action Today

(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.

Ticker Tape Digest's

Pre-Market Breakout Watch List

Stocks with Strong Projected Earnings Growth

Selections for - Tuesday, March 24, 2009

Ticker Tape Digest provides a list of potential breakout stocks from our screen of companies that will show some of the strongest earnings gains. One of the best ways to play these stocks is to study the list and then place a stop buy order to catch the stock on the breakout.

One can take either a full position on the breakout if they are aggressive, or scale-in looking to add to the stake later if they are conservative. TTD's premarket breakout watch list gives you a great opportunity "to be prepared for the next key breakout stock just before it happens." The list will be updated daily and the screen monthly.

TTD's Breakout Watch List Set up on March 1, 2009

Latest prices are March 23

Stocks with Gain in blue have surpassed their breakpoint and have broken out of their base.

Stocks with Gain in red have not broken out of their base yet.

Guide: Symbol=Ticker, Name=Corporate name, Entry is the buy price to enter on the breakout, Last=prior close, Change=change from last close to prior, Date=date of price of close etc, Gain in blue is price above breakpoint (entry), Gain in red is price below breakpoint (entry)., % Gain in blue is % over breakpoint (entry), Gain in red is % below breakpoint (entry)

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.

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.

Bear Side - Just one breakdown stock today. Bears be conservative now as the stock market is in a rally phase.

List of Stocks To Sell or Short

(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.)

TTD’s Feature Bear Play

Teleflex Inc. (TFX) - 38.96, off 3.19

Stock Falls Below Support, Profits to Slow, TTD Sees Drop to 33

TFX, based near Philadelphia, makes products ranging from automotive gear shifters to surgical devices. Annual revenues: $2.4 million. TFX's stock falls sharply today. The company completed the sale of its 51% interest in Airfoil Technologies. The key though was the stock breaking below key technical support today with a big expansion in volume.

So far today, TFX is trading 2 million shares, four times its normal daily volume of 550,000 shares.

TFX rose slightly in the morning but quickly turned lower. It hit a bottom in the late morning. It lifted a bit in the afternoon as the stock market rallied.

TTD's clip of the tape shows a big block of 20,000 shares crossing on a big down tick to $38.05 from the prior trade at $38.19. The tape action showed aggressive institutional selling pressure.

TFX has three main businesses. The commercial segment makes products for the automotive, marine, and industrial markets. The medical segment makes devices for cardiology, anesthesia, general surgery, and others. The aerospace segment makes cargo handling systems and provides precision manufacturing services to turbine manufacturers.

This year, TFX's earnings are expected to be up just 5% to $4.25 a share from $4.05 a year ago. Profits for the next few quarters will show a slowdown in growth. Net for the first quarter should be up 10%, but then up only 3% in the second quarter.

TTD's daily chart shows TFX's stock trying to hold support near 42. However, today it knifes through support on big volume. The technical breakdown is very bearish. The stock's TTD momentum indicator (top of the chart0 is very bearish. The accumulation - distribuiton line (bottom of chart) is trending lower indicating clear selling pressure.

TTD is targeting TFX for a decline to 33 within the next few months, or sooner. A protective stop buy can be placed near 41.

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.)

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	12	0	2

Ticker Tape Digest

Monday - March 23, 2009

By Leo Fasciocco -- TTD

Today's Feature Breakout Stock