Daily - Go to TTD's Tape of  Stock Charts - Friday, April 13

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance - Friday, April 13

Ticker Tape Digest

Friday - April 13, 2012

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 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 -  Small number of breakouts. Stock market volatile as it moves in a trading range after its recent run up. Bulls be selective.  (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Favorable

Stock Market -Momentum

Market (Daily) -      NYSE Bearish, Nasdaq Bearish

Market (Weekly) -  NYSE Bearish, Nasdaq Bearish

Market  (Monthly) - NYSE Bullish, Nasdaq Bullish 

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - April 13

(See Top Performing Breakout Stocks for 2011- 2012)

(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

Visa Inc. (V) - 123.40, up 2.38 - Breakpoint 120.79

Hits All-Time High, Net to Rise 20% This Fiscal Year, TTD Targets 150

       V, based in San Francisco, operates a retail electronic payment network. Annual revenues: $9.5 billion. V's stock breaks out today from a seven-week flat base and hits a new all-time high. The stock is a leader. So far today, V is trading a heavy 5.4 million shares. Its average daily volume is 3.1 million shares. The stock's breakout came even though the stock market declined sharply.

  TTD's 10-minute chart shows V breaking out early in the session. It then pulled back a bit and found technical support on its breakpoint line.

  It then drove sharply higher the rest of the day. It was an outstanding performance consider the weakness in the stock market.

  Mastercard, another stock in the same industry group, rose 6.48 to 440.46. So, the industry sector was strong.

  V's tape action shows the recent big block trades.

  A key bullish trade came late on Thursday when a big block of 400,000 shares crossed the tape at $121.02. That was within a sequence of block trades that started on move higher from 120.82.

  Then late on Friday, a block of 14,100 shares crossed at $123.50. That was bullish.

 V operates one of the world's largest retail electronic payments network. V facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and governments.

 V's 12-month performance chart shows the stock appreciating 60% versus a 4% gain for the S&P 500 index. That is great action for a big cap issue.

V's long-term chart shows the stock coming public in 2008 and trading around 60. It climbed to a peak of 89 in 2008, but then took a dive later in the year falling to 41 during the bear market.

  It then rallied strongly through 2009 and 2011. The stock has tripled from its bear market low in 2009. The push to a new high could bring in more buying on Monday from the new-high crowd.

  V's daily chart shows the stock climbing from 90 back in November to 118 by February The stock then formed a flat base..

 The breakout today looks good coming with a widening of the daily trading spread and an expansion in volume. The basing work was done above a rising 50-day moving average line. That is bullish.

  V's TTD momentum indicator (top of chart) is solidly  bullish.

  The accumulation - distribution line (bottom of chart) is in an up trend. It broke out to the upside before the price of the stock. So, it was a good bullish lead indicator.

  This fiscal year ending September 30, 2012 analysts forecast a 20% jump in earnings to $5.97 a share from $4.99 a year ago.

  The stock sells with a price-earnings ratio of 20. TTD sees that as reasonable.

  Going out to fiscal 2013, Wall Street projects a 17% gain in net to $6.97 a share from the anticipated $5.97 this fiscal year.

  Net for the upcoming fiscal second quarter ending March 30 should jump 22% to $1.50 a share from $1.23 a year ago.

  The highest estimate on the Street is at $1.55 a share. TTD sees chances for a slight upside earnings surprise. The past fourth quarters, V topped the consensus estimate by 3 cents a share every quarter.

  Strategy Opinion: TTD is targeting the stock for a move to 150. A protective stop can be placed near 115.

 TTD rates V a good intermediate-term play for conservative investors. The stock has a yield of 0.73%

  Sponsorship: Excellent. The largest fund holder is Fidelity Contrafund, 4-star rated, with a 1.3% stake. It was a recent buyer of 357,900 shares. Also, 5-star rated Fidelity Growth Company fund was a recent purchaser of  155,000 shares.  V has 813 million shares outstanding. Institutions hold 82% of the stock.

  Insider Activity: Slightly Bearish. Insiders have been selling after exercising options. Currently, 30 analysts follow the stock, 24 have a buy, down from 26 three months ago.   

 Stock Performance Chart with Quarterly Earnings Markers

  Insider Activity - Buying in Green - Selling in Red

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 - 4

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side -  Small list of shorts today. Stock market now in a trading range. TTD's short play for Thursday was Avid Technology (AVID) at 8.64. The stock has declined to 8.52 today and is working well for bears.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Edwards Lifesiences Corp. (EW) - 68.65, down 3.95

Profits to Decline in 1st Quarter, TTD Sees Slide to 60

   EW, based in Irvine, Ca., provides treatments for cardiovascular disease. Annual revenues: $1.7 billion. EW's stock drops sharply today in heavy trading. The move sends the stock below near-term support. TTD sees more on the downside. So far today, EW is trading a heavy 1.8 million shares. Its average daily volume is 1 million shares.

  EW is expected to show a 19% decline in first quarter net to 48 cents a share from 53 cents a year ago.

  EW's stock moved sharply lower in the morning. It had a brief rally and then continued south in the afternoon. It hit an intraday low of 68.47.

  EW's tape action shows heavy selling pressure today. The price for the recent block trades have declined from $72.60 to $68.50. That shows aggressive institutional selling pressure.

  A key bearish trade came today when a block of 23,587 shares crossed the tape at $71.95. That was down sharply from the prior block at $72.60.

  EW is a major heart valve company. It also does acute hemodynamic monitoring.

 The firm focuses on specific cardiovascular disease states including heart valve disease, peripheral vascular disease and critical care technologies.

 This year, analysts are forecasting a 32% increase in EW's net to $2.67 a share from $2.02 a year ago.

   EW's daily chart shows the stock dropping sharply today with a pick up in volume. The decline causes the stock to cut below support and resume a down trend that began with a sharp decline back in February.

   Strategy Opinion:  TTD sees EW as a trading short. We are targeting the stock for a decline to 60 within the next few months, or sooner.  A protective stop buy can be placed near 71.

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.

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.)