Daily - Go to TTD's Tape of  Stock Charts - Thursday, April 14

Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List and Performance -  Thursday, April 14

Ticker Tape Digest

Thursday - April 14, 2011

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.

 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.   

  Breakout Stocks

Total Buy Breakouts so far today - 3

Overall Quality of Breakouts - Average

Stocks Screened - 8,300

Bull side - Breakout list is small as stock market finished mixed. Bulls be selective. Stock market is in a trading range. Earnings will begin to flow in soon. That will impact stock prices.

 (Put mouse on Dow chart to see Nasdaq chart)

Long Term Environment for bulls:  Neutral

Market (Daily) - NYSE Bearish, Nasdaq Bearish

Market (Weekly) - NYSE Bullish, Nasdaq Bullish

Market  (Monthly) - NYSE Bearish, Nasdaq Bearish 

Ticker Tape Digest's

Timely Breakout Stocks From Tape Action - Thursday - April 14

(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 )  

(See Top Performing Breakout Stocks for 2011)

Today's Featured TTD Breakout Stock

Carefusion Corp. (CFN) - 29.12, up 0.78 - Breakpoint 28.36

Nears All-time High, Net to Rise 14% in fiscal 2011, TTD Targets 36

  CFN, based in San Diego, is a provider of  medical devices. Annual revenues: $3.9 billion. CFN's stock breaks out today from a nine-week flat base. The move carries the stock closer to its all-time high of 30.08. So far today, CFN is trading a heavy 3.5 million shares, about double its normal daily volume of 1.6 million shares.

  CFN is one of the few stocks breaking out Thursday.

  CFN's 10-minute chart shows the stock edging above its breakpoint line early in the day. Then later in the morning it picked up momentum to clear is breakpoint line easily.

  The stock held its ground through the afternoon.

  TTD's clip of the tape shows the recent big block trades.

  One can see the price for the blocks edging up from $28.25 to $28.67.

  A key bullish trade came when 100,000 shares crossed the tape late in the morning at $28.61. That was up from the prior block trade at $28.45.

  So, the tape showed selected institutional buying.

 CFN produces medical products such as Alaris IV pumps, Pyxis automated dispensing and patient identification systems.

 It also makes AVEA and Pulmonetic Systems ventilation and respiratory products, ChloraPrep  and MedMined services for infection prevention, neurological monitoring and diagnostics/

  CFN's 9-month performance chart shows the stock appreciating 34% versus a 22% gain for the S&P 500 index.

  CFN's long-term chart shows the stock coming public in late 2009 and trading around 19. The stock advanced strongly and peaked at 30 in early 2010. The stock then went into a decline, but rallied later in the year. CFN is now in a solid up trend.

  CFN's daily chart shows the stock advancing from 23 in December to 28. The stock then set up a flat base bracketed roughly between 27 and 28. That is tight and favorable for bulls.

  The breakout today comes with a widening of the spread (range from high to low). That is bullish. Also, the preceding session CFN moved higher with a gap move. That is bullish. The stock was upgraded by JP Morgan on that day.

  Also, the base was set up above a rising 50-day moving average line. That shows the stock remains in a solid up trend.

  CFN's TTD momentum indicator (top of chart) is neutral.

 The accumulation - distribution line (bottom of chart) is in an overall up trend. That shows good underlying buying in the stock as it based.

  TTD sees a key near-term driver being expectations of a big fiscal third quarter ending March 31. Analysts look for a 54% surge in net to 40 cents a share from 26 cents a year ago.

  The highest estimate on the Street is at 42 cents a share. TTD sees chances for an upside surprise. The prior quarter, CFN topped the consensus estimate by 6 cents a share.

   This fiscal year ending June 30, analysts forecast a 14% rise in net to $1.62 a share from $1.42 a year ago. The stock sells with a price-earnings ratio of  18, which is reasonable. Net for the fiscal year 2012 is expected to climb 15% to $1.87 a share from the anticipated $1.62 this year.

  Strategy Opinion: TTD is calling for CFN to climb to 36 off this breakout. That would carry the stock to a new high. A protective stop can be placed near 26.60. TTD rates CFN a good intermediate-term play best suited for conservative investors.

  Sponsorship: Excellent. A key holder of CFN is the 5-star rated T. Rowe Price Mid-Cap Growth Fund with a 2.9% stake. A big buyer recently was 4-star rated CRM Mid Cap Value Fund which purchased 860,687 shares. It has a 1.4% stake. CFN has 223 million shares outstanding.

  Insider Activity:  Neutral. Not much activity lately. Currently, 12 analysts follow the stock, 6 have a buy, the same as three months ago.

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 - 9

Stocks Screened - 8,300

Long-Term Environment for bears: Unfavorable.

Bear Side - Breakdown list expands as stock market turns mixed today. Bears be selective. Stock market in trading range.

List of Stocks To Sell or Short

TTD’s Feature Bear Play

Kit Digital Inc. (KITD) - 10.73, down 0.51

Analysts See First Quarter Loss, TTD Sees Side to 8

  KITD, based in New York, provides video distribution technologies and video interactive marketing solutions. Annual revenues: $107 million. KITD' stock falls below key technical support today with a big expansion in volume. The company is expected to show a loss for the first quarter. So far today, KITD is trading 2.6 million shares, six times its normal daily volume of 453,000 shares.

   KITD's stock worked lower through the morning. It hit an intraday low of 9.74. The stock then lifted in the afternoon, but still is in the red.

  TTD's clip of the tape shows the recent big block trades.

  One can see the price for the blocks falling from #12.53 to $10.40. The tape action showed clear institutional selling pressure.

  A key bearish trade came in the morning when a block of 55,000 shares crossed the tape at $10.81. That was down sharply from the prior block trade at $11.73.

 The company works with consumer brands, content providers and telcos to maximize the value of video content via the Internet and mobile networks.

 KITD allows clients to publish, manage and distribute digital video content, build online/mobile communities and integrate advertising. They also offers businesses video-centric interactive marketing solutions

 KITD's clients include  News Corp., Verizon, IMG, China Mobile, Telefonica, Vodafone, K-Mart, Coles, NASDAQ, Hummer and RCS.

  For the first quarter, analysts forecast a loss of 6 cents a share compared with a loss of 41 cents a share a year ago. Overall, the company is expected to show a profit of 32 cents a share compared with a loss of 45 cents a share.

  However, KITD's daily chart shows the stock trending lower. It tried to form a bottom at 11. However, the stock as broken below that with volume. The stock's TTD momentum indicator (top of chart) is bearish. The accumulation - distribution line (bottom of chart) broke down several sessions ago. That indicates heavy selling prior to today's breakdown.

   Strategy Opinion:  TTD is targeting KITD for a decline to 8 within the next few months. A protective stop buy can be placed near 11.90.

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.)