Daily - Go to TTD's Tape of Stock Charts - Wednesday. April 16, 2014
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Daily - Go to TTD's Tape of Stock Charts - Wednesday. April 16, 2014 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 7, 2013 |
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Go to Video Show - "How to Make Money With Breakout Stocks" |
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TTD does not publish Thursday. Friday the market is closed. We resume Monday
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 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. Trading Strategies Bullish 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) Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns (See Performance) |
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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.
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 - 5
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list small and extremely selective. Bulls be patient and conservative. Earnings reports will have big impact on market.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Stock Market Momentum
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bearish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - RRC - ABOVE AVERAGE |
RRC, based in Fort Worth, Tex., develops oil and gas properties in the U.S. Annual revenues: $1.9 billion. RRC's stock breaks out Wednesday from a 13-week flat base. So far today, RRC is trading 1.6 million shares, the same as its average daily volume. The move carries RRC to a new all-time high. 
TTD highlighted RRC as a breakout at our midsession video show on the Web Wednesday.
The stock, although low beta at 0.78, has been a steady climber. The beta, a measure of volatility is 1.00 for the stock market. So, the stock has tended to be a slow steady climber.
RRC's 10-minute chart shows the stock gapping higher in the morning and clearing its base. It hit an intraday high of 90.99. 
The stock afterwards backed off a bit. Then it worked its way steadily higher as the day wore on.
RRC's tape action shows the recent big block trades.
One can see the price for the blocks climbing from $88.79 in the prior session to as high as $90.73 Wednesday.
A key bullish block came in the morning when a block of 11,714 shares crossed the tape at $90.05.
That was up from the prior block at $90.05. 
RRC acquires, develops, and finances oil and gas properties in the U.S.
The company seeks to build value primarily through lower-risk development drilling and acquisitions while to a lesser degree pursuing higher risk exploitation and exploration projects on their inventory of undeveloped acreage.
Through its wholly owned subsidiary, Independent Producer Finance, the company also provides financing to small oil and gas producers by purchasing term overriding royalty interests in their properties.
RRC's 12-month performance chart shows the stock appreciating 22% versus a 17% gain for the S&P 500 index.
RRC's long-term chart shows the stock climbing from 3 back in 2002 to a peak of 76 in 2008. The stock then fell back to 23 during the bear market in 2008.
RRC has since worked its way higher during the current bull market making a three-fold move.
RRC's daily chart shows the stock advancing from 73 back in November to a peak near 89 by January.
The stock then put down a flat base. It had a few breakout attempts but they did not work.
Wednesday, RRC clears its base as a breakout.
The stock's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) lags.
This year analysts are forecasting a 91% leap in profits to $1.83 a share from 96 cents a year ago.
The stock sells with a price-earnings ratio of 48. That is high but okay given the earnings growth rate this year.
RRC's earnings for the first quarter are projected to soar 245% to 38 cents a share from 11 cents a year ago. The company tends to be erratic when reporting quarterly results. (see table).
However, it did have some quarters where it exceeded Street expectations by a big margin.
Going out to the second quarter net is projected to jump 40% to 42 cents a share from 30 cents a year ago.
Strategy Opinion: TTD is targeting RRC for a move to 108 off this breakout. A protective stop can be placed near 86.
TTD rates RRC an average intermediate-term play. There are chances for a stock split which could boost the stock.
Sponsorship: Excellent. The second largest fund holder is the 5-star rated T. Rowe Price Mid-Cap Growth Fund with a 2% stake. It has kept its position steady.
A key fund buyer was the 4-star rated Vanguard Energy Fund, which purchased 634,500 shares. It has a 1.9% stake.
Insider Trading: Bullish. Insiders have been getting options around $84. They have done only light selling so far.
Right now, 25 analysts follow the stock, 13 have a buy, up from 11 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Range Resources Corp. - (RRC) |
| 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 | 11 | 0 | 3 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - SAFM - AVERAGE |
| TTD's Quality Rating of Stock - MRTN - AVERAGE |
| TTD's Quality Rating of Stock - SLG - AVERAGE |
| TTD's Quality Rating of Stock - EDGW - BELOW 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 - 2
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Just a few shorts today. Stock market continues to rally. Bears remain conservative.
ASML, based in the Netherlands, makes technology systems for the semiconductor industry. Annual revenues: 5.3 billion. ASML's stock falls sharply Wednesday after it made a weak forecasting of earnings. So far today, ASML is trading a heavy 5.2 million shares, five times its average daily volume of 953,000 shares. TTD sees more on the downside. 
TTD highlighted ASML as a short at our midsession video show on the Web Wednesday.
ASML's stock worked lower during the day hitting an intraday low of 78.01.
The stock lifted slightly late in the day to trim some of its loss.
The stock's tape action shows the recent block trades.
One can see the price for the blocks falling sharply in the morning from $85.35 on 160,000 shares late on Tuesday to $80.66 on 50,000 shares in the morning.
The largest trade of the day was a block of 250,000 shares that crossed at $80.90. That was down from the prior block at $81.
The company reported a strong first quarter earnings. However, it lowered its earnings outlook for the first half. That send the stock lower.
ASML makes complex integrated circuits. ASML designs, develops, integrates, markets and services advanced systems used by customers in the global semiconductor market to create chips that power electronic, communications and information technology products.
This year, the Street is forecasting a 40% rise in net to $4.44 a share from $3.17 a year ago.
ASML's daily chart shows the stock gapping lower on big volume Wednesday. The stock's TTD momentum indicator (top of chart) is extremely bearish.
Strategy Opinion: TTD sees ASML as a trading short. We are targeting the stock for a decline to 75 within the next few months, or sooner. A protective stop buy an be placed near 83.20.
| TTD's Quality Rating of Stock - ASML - 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.)
