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 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 - 3
Overall Quality of Breakouts - Average
Stocks Screened - 8,300
Bull side - Just a few breakouts, but some interesting plays. Bulls be patient and selective. Stock market now consolidating recent advance. Earnings will now have big impact on individual stocks.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bearish, Nasdaq Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - TITN - AVERAGE
TITN, based in Fargo, N.D., sells agricultural and construction machinery. Annual revenues: $1.4 billion. TITN's stock breaks out today from 10-week, cup-and-handle base and nears a new all-time high. The strong push higher today was triggered by TITN reporting much stronger than expected quarterly earnings. So far today, TITN is trading an extremely heavy 3.4 million shares, 17 times its normal daily volume of 221,000 shares.
TTD highlighted TITN as a breakout at our midsession video show on the Web Wednesday.
TITN's 10-minute chart shows the stock gapping higher in the morning. It then trended mostly sideways the rest of the day.
The stock is holding near its high for the day going into the final bell. That is bullish.
TITN reported net for the fiscal fourth quarter ended January 2012 surged to 84 cents a share from 57 cents a year ago. The 84 cents topped the consensus estimate on the Street of 53 cents a share and also the highest estimate of 56 cents a share.
The earnings news was a big bullish surprise and the stock reacted extremely bullish too it. TTD has noted when a company can top the highest estimate - and in this case by a wide margin - the stock has the potential to move higher over the next few weeks as analysts reevaluate the company. TITN has surprised big on the upside in prior quarters.
TTD's clip of the tape shows the recent big block trades. One can see the price for the blocks climbing from $27.47 to $32.50. The key bullish trade today came in the morning when a block of 7,547 shares crossed the tape at $31.90. That was up from the prior block trade at $27.47.
TITN has a mix of agricultural, construction, and consumer products dealerships located in the upper Midwest.
TITN is a dealer for Case IH, Case Construction, New Holland, and New Holland Construction. TITN also represents shortline equipment to meet specialized customer demand and niche products.
TITN's 12-month performance chart shows the stock appreciating 20% versus a 3% gain for the S&P 500 index.
TITN's long-term chart shows the stock going public in late 2007. It climbed from 13 to a peak of 34. It then was dragged lower by the bear market sinking to 7.50 by early 2009. It has since made a big comeback. It is now in position to make a new all-time high. It needs to top $34.49.
TITN's daily chart shows the stock climbing from 16 back in October to a peak of 28 in March. TITN formed a flat base bracketed between roughly 25 and 28.
The stock broke out a few days ago, but then ducked back into the base. Today its gap sharply higher out of the base with big volume. The breakout is impressive.
The stock's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of the chart) is in an overall up trend. That shows there has been good buying in the stock recently and no subtle selling while it was basing.
TITN has been expanding via acquisitions.
This fiscal year ending January of 2013, analysts are forecasting an 11% increase in net to $2.06 a share. The company has a tendency to top Street expectations.
Strategy Opinion: TTD is targeting TITN for a move to 39. A protective stop can be placed near 29.50.
TTD rates TITN a good intermediate-term play provided earnings remain on course.
Sponsorship: Average. The largest fund holder is 4-star rated Wells Fargo Advantage Emerging Growth Fund with a 3.4% stake. It was a recent buyer of 1,209 shares.
A key buyer recently was 4-star rated Glenmede Small Cap Equity Fund which purchased 24,855 shares.
TITN has 17.9 million shares outstanding. Institutions hold 76% of the stock.
Insider Activity: Neutral. One insider was a recent buyer using stock options at $9.35. There has not been any selling so far this year. Five analysts follow the stock and all 5 have a buy. That is up from 4 three months ago.
Stock Performance Chart with Quarterly Earnings Markers
Insider Activity - Buying in Green - Selling in Red
|TTD's Breakout Profile
Heartland Payment Systems Inc. - (TITN)
|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 - AMSF - AVERAGE
|TTD's Quality Rating of Stock - MODL - 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 - Small list of breakdown stocks today as stock market firms after recent selling spree. Bears be selective.
OPNT, based in Bethesda, Md., produces network management software. Annual revenues: $169 million. OPNT's stock falls sharply today with heavy volume. The company said it will not meet its forecast for earnings in the fiscal fourth quarter ended March 30. The stock was also downgraded by a brokerage firm. So far today, OPNT is trading a heavy 1.4 million shares, seven times its normal daily volume of 187,000 shares. TTD sees more on the downside.
TTD highlighted OPNT as a short at our midsession video show on the Web Wednesday.
OPNT's stock fell sharply in the morning. It hit an intraday low at $22.81 late in the morning. The stock then trended sideways unable to mount a rally.
OPNT's tape action is show by its recent big block trades. One can see the price for the blocks declining from $29 to as low as $23.10.
A key bearish trade came in the morning when a block of 21,203 shares (duplicated) crossed the tape at $23.61. That was down sharply from the prior block at $29.
OPNT makes network management software solutions that enable firms to optimize the performance and availability of communications networks and networked applications.
The company's suite of products advances network and application management beyond reactive problem identification and reporting to proactive problem resolution and avoidance. The company's OPNET product suite consists of three primary software solutions: OPNET IT DecisionGuru, OPNET Modeler, and OPNET Netbiz.
The Street was forecasting net for the fiscal fourth quarter ended March 31 of 25 cents a share compared with 19 cents a year ago. However, the company said it will fall short of that goal. The stock reacted bearishly to the news.
OPNT's daily chart shows the stock declining from 48 back in November to around 28 by February. Today, the stock gaps below key technical support and resumes its down trend. OPNT's accumulation - distribution line (bottom of chart) is trending lower indicating clear selling pressure.
Strategy Opinion: TTD is targeting OPNT for a decline to 19 within the next few months or sooner. A protective stop buy can be placed near 24.10.
|TTD's Quality Rating of Stock -OPNT - 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.)