Daily - Go to TTD's Chart scroller of  Breakout and Leading Stocks - Wednesday, March 23, 2016

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Wednesday, March 23, 2016

Ticker Tape Digest

Wednesday - March 23, 2016

TTD does not publish Thursday. We resume Friday. Have a nice Holiday

                                               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.

 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  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 - 4

Overall Quality of Breakouts - AVERAGE

Stocks Screened - 8,300

Bull side - Breakout list small and very selective. Stock marker rally extended. Bulls be conservative now.

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Neutral

    Stock Market Momentum

Market (Daily) - NYSE Bearish, Nasdaq Bearish

Market (Weekly) - NYSE Bullish, Nasdaq Bullish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish 

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Wednesday

(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. They are ranked according to percentage change and classified as leaders or other. (Trading strategy: One should buy breakout stocks at breakpoint by using market order or stop buy)All Timely Breakout Stocks From Tape Action Today )  

Today's Featured TTD Breakout Stock

Nvidia Corp. (NVDA) - 34.43, up 0.58 - Breakpoint 33.85

Net to Jump 30% for Fiscal 2017 (Jan.), TTD Targets 41

  NVDA, based in Santa Clara, Ca., makes computer related products for visual applications. Annual revenues: $5 billion. NVDA's breaks out from a four-month, double-bottom base. The stock now hits an eight-year high. That is bullish.

  So far today, NVDA is trading 10.7 million shares. Its average daily volume is 7.5 million shares.

  NVDA's stock got a boost when it announced plan to buy back its stock

  TTD highlighted NVDA as a breakout at our midsession video show on the Web.

  NVDA's 10-minute chart shows the stock driving higher in the morning. The stock reached an intraday peak early in the afternoon at 34.68.

  The stock then backed off slightly.

  It finished well above its breakpoint line.

  NVDA's tape action shows its recent block trades.

  One can see the price for the blocks climbing from $33.85 in the prior session to as high as $34.45.

  A key bullish trade came in the morning when a block of 96,318 shares (duplicated) traded at $34.

  That was up from the prior block trade at 33.85 on 80,481 shares.   

  NVDA operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor.

 The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications.

 It also makes Tesla for learning, accelerated computing, and general purpose computing.

 The Tegra processor provides processors that integrate a computer onto a single chip under the Tegra brand name/

The company's products are used in gaming, professional visualization, datacenter, and automotive markets.

  NVDA's 12-month performance chart shows the stock appreciating 58% versus a 2% decline for the stock market.

  There has been some recent insider buying (see green bar on chart). That is bullish.

  NVDA's long-term chart shows the stock soaring from 3 back in 2004 to its all-time peak of 39.67 in 2007, the top in the prior bull market.

  The stock then tumbled down to $5.97 in 2008 due to the bear market.

  Since then NVDA jumped to 26.17 in 2011, but it fell back.

  Since then, NVDA has gradually worked higher. I

  Wednesday, It breaks out to an eight-year high.

  NVDA's daily chart shows a well-formed double-bottom base.

  The breakout clears resistance with a pickup in volume.

  The stock's accumulation - distribution line is in a strong up trend now. That is bullish.

  Analysts are forecasting a 30% jump in profits to $1.40 a share from $1.08 a year before.

  The stock has a price-earnings ratio of 24. TTD sees that as reasonable given this year's projected earnings growth.

  Net for fiscal 2018 ending in January is currently projected to decline 4% to $1.34 a share.

 One needs to be watchful of the stock and any chance in earnings estimates.

  Net for the upcoming fiscal first quarter ending in January is expected to jump 31% to 31 cents a share from 24 cents a year ago.

  The highest estimate on the Street is at 35 cents a share. TTD sees good chances for an up side earnings surprise. (see table).

  Going out to the fiscal second quarter ending in July, net is expected to rise 23% to 32 cents a share from 26 cents the year before.

 Strategy Opinion: TTD is targeting NVDA for a  move to 41 within the next few months ago.

 A protective stop can be placed at 32.

 TTD rates NVDA a good intermediate-term play provided earnings meet projections.

 Sponsorship: Good. The largest fund holder is 5-star rated Fidelity Growth Company Fund with a 6.9% stake. It was a recent seller of 225,700 shares.

  A large fund buyer recently was the Oppenheimer Capital Appreciation A Fund which purchased 986,200 shares. It has a 0.52% stake.

  NVDA has 542 million shares outstanding. Institutions hold 88% of the stock and insides 5%.

 Insider Activity: Bearish. Insiders were recent buyers using stock options at $10 to $14. They were sellers around $32.

  Currently, 28 analysts follow the stock, 11 have a buy, down from 12 three months ago.

  NVDA has a book value of $8.29 a share.

Stock Performance Chart with Quarterly Earnings Markers.

Charts of Selected Breakout Stocks

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.

Shorts from tape action so far today - 10

Stocks Screened - 8,300

Long-Term Environment for bears: Neutral.

Bear Side - Large list of breakdown stocks Wednesday. Bears can be venturesome. TTD's short from Tuesday was Astrazeneca (AZN) at 28.17. Wednesday it is trading at 28.01 and is working well for bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

BT Group Plc. (BT) - 31.54, down 0.50

Net to Fall 13% in Fiscal 2016 (March), TTD Sees Decline to 26

  BT, based in London, provides managed networked IT and consulting services to businesses and public. Annual revenues: $26.2 billion. BT is a giant company. It was recently taken to task for its service. The stock falls Wednesday and undercuts key technical support.

  So far today, BT is trading 298,158 shares. Its average daily volume is 263,000 shares.

  The stock tended lower through most of the day touching its intraday low at 31.54 in the afternoon.

  The stock's tape action shows the recent block trades.

  One can see the price for the blocks declining from $32.05 in the prior session to as low as $31.60 Wednesday.

  A key bearish trade came in the morning when a block of 15,000 shares crossed the tape at $31.72.

  That was down from the prior block at $31.78 on 1,400 shares.

  The company's business segment provides fixed-voice, broadband, mobility, networking, and IT services.

 It also handles fire and security alarm signaling services, surveillance networks, and control room services.

 BT's consumer segment offers fixed-voice, broadband, and TV services; sports content and online storage and on-the-go access to data.

  BT's daily chart shows the stock declining below key technical support. The stock's CCI momentum indicator (bottom of chart) has turned down and is bearish.

   This fiscal year ending in March analysts are forecasting a 14% drop in earnings to $2.04 a share from $2.36 a year ago.

Strategy Opinion: TTD is targeting BT for a decline to 26 within the next few months, or sooner. A protective stop buy can be placed near 33.

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. - 2016

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: Beverly 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

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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.)