Daily - Go to TTD's Tape of Stock Charts - Thursday, March 31
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Daily - Go to TTD's Tape of Stock Charts - Thursday, March 31 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 28 |
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Go to Video Show - "How to Make Money With Breakout Stocks" Go to Video Show -TTD Performance 2008 Long and Short |
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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.
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Ticker Tape Digest's Trading Strategies Overview and Performance Bullish Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns. Aggressive Investor Bullish- "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit." 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. Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns |
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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.
1 - TTD's Breakout Stocks - Long - (Intermediate-term long plays) these 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.
2 -TTD Quick Trade Stocks - Long - (Short-term long plays 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.
3 - TTD's Bargain Buy Trades - Long - (Long Term long plays. 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.
4 - 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 leo@tickertapedigest.com.For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-926-1680.
Total Buy Breakouts so far today - 22
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Large number of breakouts today as stock market turns mixed. The market has rallied back into its prior trading range and is now at a resistance point. Also, quarter portfolio window dressing is now over. Bulls be selective. Earnings and annual meetings coming up. (Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Neutral
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
(See Top Performing Breakout Stocks for 2011 - Updated March 25)
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TTD's Quality Rating of Stock - UTEK - ABOVE AVERAGE |
UTEK, based in San Jose, Ca., makes photolithography equipment used to make integrated circuits. Annual revenues: $140 million. UTEK, a small cap tech stock, breaks out today from an 8-week flat base. The stock hits a 7-year high. So far today, UTEK is trading 1.3 million shares, seven times its normal daily volume of 189,000 shares.
TTD highlighted UTEK as a breakout at our midsession vide show on the Web Thursday.
UTEK's daily chart shows the stock climbing sharply in the morning and then breaking out.
The stock continued to move higher through the session after a pause around midday. The breakout was very impressive.
TTD's clip of the tape shows the recent big block trades.
One can see the price for the blocks climbing strongly from $25.35 late on Wednesday to a peak of $28.41.
A key bullish trade came late in the morning when a block of 7,950 shares crossed the tape at $26.30. That was up from the prior block trade at $25.50.
The strong tape action shows institutions chasing the stock higher today.
UTEK makes photolithography equipment designed to reduce the cost of ownership for manufacturers of integrated circuits, including advanced packaging processes, photomasks, thin film magnetic recording devices and micromachined components.
The company
supplies step-and-repeat systems based on one-to-one and reduction optical
technology to customers located throughout North America, Europe, Japan and
Asia.
UTEK's 12-month performance chart shows the stock appreciating 110% versus a 17% gain for the S&P 500 index.
UTEK's long-term chart shows the stock punching through long-term resistance. That is bullish long-term. The stock is acting very well.
UTEK's daily chart shows the stock working higher to a peak of 26 in February on strong volume.
The stock then put down a flat base bracketed between 24 and 26. The breakout today is impressive indeed.
The move comes with a big increase in volume and a widening of the spread. That shows a "power breakout."
The stock's TTD momentum indicator (top of chart) is slightly bullish.
The accumulation - distribution line (bottom of chart) is in an overall up trend. Today, it turns up and that is favorable for bulls.
This year, analysts forecast a 90% surge in net to $1.27 a share from 67 cents a share a year ago. The stock sells with a price-earnings ratio of just 22.
So, UTEK is very attractive as a value play in the tech sector.
Looking out to 2012, the Street projects a 29% gain in net to $1.64 a share from the anticipated $1.27 this year.
Net for the upcoming first quarter is expected to skyrocket 233% to 27 cents a share from 8 cents a year ago. TTD sees chances for a modest upside earnings surprise.
Net for the second quarter is expected to climb 87% to 28 cents a share from 15 cents a year ago.
Strategy Opinion: UTEK's breakout is powerful. TTD is targeting UTEK for a move to 35 within the next few months, or sooner. A protective stop can be placed near 26.50. TTD rates UTEK a very good intermediate-term play provided earnings remain on course.
Sponsorship: Excellent. The largest fund holder is 5-star rated Artisan Small Cap Value Fund with an 8% stake. It has held its position steady. A key buyer recently was CRM Small Cap Value Fund, 4-star rated, which purchased 112,200 shares. UTEK has 25.1 million shares outstanding.
Insider Activity: Neutral. Insiders were buyers of the stock recently, but they turned around and sold. The latest selling was at $26.21. Three analysts follow the stock, 2 have a buy, the same as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
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TTD's Breakout Profile
Rating |
| TTD Check List | Bullish | Bearish | Neutral |
| Near 52-week High | YES | ||
| Volume | 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 | 13 | 0 | 1 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - GDI - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - BIIB - AVERAGE |
| TTD's Quality Rating of Stock - WOR - AVERAGE |
| TTD's Quality Rating of Stock - ST- 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 - 5.
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Only a few breakdown stocks today as stock turns mixed after a strong advance. Bears be patient and watchful.
TOL, based in Horsham, Pa., builds homes. Annual revenues: $1.5 billion. TOL's stock moves lower today undercutting key technical support near 20. The company is expected to show a weak first half. So far today, TOL is trading 1.8 million shares. Its average daily volume is 2.5 million shares. TTD sees more on the downside. 
TOL's stock moved lower in the morning getting down to $19.84. The stock then staged a modest rally, but then rolled over again in the afternoon to undercut its low in the morning. The action intraday was bearish.
TTD's clip of the tape shows the recent big block trades. One can see the price of the blocks falling from $20.33 to $19.94. A key bearish trade was a block of 30,095 shares crossing late in on Wednesday at $20.15. That was down from the prior block trade at $20.33.
TOL builds and arranges financing for single-family detached and attached homes in middle and high income residential communities in thirteen states.
The communities are generally located on land the firm has developed.
Analysts look for TOL to show a loss in the fiscal second quarter (April 30) of 5 cents a share compared with a loss of 24 cents a year ago. Looking ahead to the fiscal third quarter ending July 30 net is expected to tumble 75% to 4 cents a share from 16 cents a year ago.
TOL's daily chart shows the slide under support near 20. The stock's TTD momentum indicator top of chart is bearish. Most importantly, the accumulation - distribution line (bottom of chart) is in a strong down trend showing heavy selling pressure.
Strategy Opinion: TTD is targeting TOL for a decline to 16 within the next few months, or sooner. A protective stop can be placed near 21. TTD sees TOL as a trading short.
| TTD's Quality Rating of Stock - TOL - 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.”
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.)
Copyright - 2011 - Ticker Tape Digest - Corona Publishing Enterprises
