Go To TTD's Pre-Market Opening Breakout Watch Stock Lists for Thursday, April 23
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Go To TTD's Pre-Market Opening Breakout Watch Stock Lists for Thursday, April 23 |
| Go to Video Show - "How to Make Money With Breakout Stocks" |
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Go to Video Show - "How to Make Money With Breakout Stocks" |
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Ticker Tape Digest presents its daily breakout and Short Selling report.
It contains Breakout Stocks and Stocks under Significant Accumulation. 
Data is from tape action for the day. These stocks are most suitable for aggressive investors seeking ideal entry points for leading stocks.
These stocks will do very well during bull markets and strong market rallies.
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 corrections
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.
TTD often suggests using stop buy orders to enter. It is very important to buy a breakout stock as close as possible to the break point. 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.
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.
Stocks Screened - 8,200
Bull's Strategy - Breakout list small. Market rallies late in the day. Bulls be selective. The near-term indicators indicate chances for more on the downside. Earnings will still have an impact on individual stocks and the market averages.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Neutral
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) -NYSE Bearish, Nasdaq Bearish
Market (Monthly) NYSE Bullish, Nasdaq Bullish
| TTD's Quality Rating of Stock - HANS - AVERAGE |
HANS, based in Corona, Ca., produces soft drinks, including natural sodas, fruit juice, and energy drinks. Annual revenues: $1 billion. HANS breaks out from a seven-week flat base today and makes a 52-week high. The stock cleared its base early in the day and held up nicely through an up-and-down session for the general stock market. TTD had highlighted HANS recently as a stock to accumulate. So far today, HANS is trading 3.2 million shares, almost triple its normal daily volume of 1.1 million shares. 
TTD highlighted HANS as a breakout at our midsession show on the Web today.
The stock pushed higher early in the session and continued to work higher through the morning. It made modest progress in the afternoon as volume picked up.
TTD's clip of the tape shows the big block trades during the day. One can see the price for the blocks increasing from $36.95 to $39.20. The tape action indicates good institutional buying interest.
One of the largest trades was a block of 50,000 shares that crossed at $38.10.
HANS key product at this time is the Monster Energy drink. It is the second-largest energy drink in the U.S. behind Red Bull . The firm also sells noncarbonated dairy-based coffee drinks under the Java Monster brand.
TTD's performance chart shows HANS' stock appreciating 20% the past 12 months. It has outperformed the S&P 500 index which is down 38% during the same period.
HANS' long-term chart shows the stock in a powerful bull market soaring from 5 in 2004 to a peak of 68 in 2007. The stock dropped with the bear market. However, it is now in a nice up trend. 
HANS' daily chart shows the breakout which comes on a widening of the spread. That shows of ease of price movement higher. It is bullish. The formation of the base is good. It is tight in the trading range and showed a contraction in volume. That indicated the profit taking from the prior run up was cleared up.
The stock's TTD momentum indicator (top of the chart) is solidly bullish.
The accumulation - distribution line (bottom of chart) is in a strong up trend. It even broke out to the upside well before the price of the stock. So, it is showing outstanding buying in the stock. That is good confirmation of the breakout.
HANS is expected to show a very good first quarter. Net is expected to increase 27% to 37 cents a share from 32 cents a year ago.
The highest estimate on the Street is at 46 cents a share. That is significantly higher and may well indicate that some on the Street are looking for a big quarter. If so, the stock could be moving higher now in anticipation of that news.
Looking out to the second quarter, analysts predict an 18% rise in net to 60 cents a share from 51 cents a year ago.
Overall, for the year, HANS' profits should increase 23% to $2.15 a share from $1.75 a year ago. The stock has a p/e ratio of 18, which is reasonable. The company is benefiting from new products. Going out to 2010, the Street looks for a 15% gain in net to $2.47 a share.
Strategy Opinion: HANS' breakout looks very good, especially since the stock held well during the stock market's pull back today. TTD is targeting the stock for a move to 47 within the next few months, or sooner. A protective stop can be placed near 36. TTD rates HANS a good intermediate-term play provided earnings remain on course.
Sponsorship: Very Good. The largest fund holder is 4-star rated Artisan Mid Cap Fund with a 2.1% stake. It was a recent buyer of 15,000 shares. The largest buyer lately was 4-star rated Baron Small Cap Fund which purchased 458,000 shares. HANS has 90 million shares outstanding. Funds hold 20.7 million.
Insider Activity: Bearish. Insider have been steady sellers of the stock in recent months. They have not done much buying except through cheap priced options. Six analysts follow the stock, 2 have a buy, the same as three months ago.
Stock Performance Chart for 6 months with Quarterly Earnings Markers.
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TTD's Profile Rating Hansen Natural Corp. - (HANS) |
| TTD Check List | Bullish | Bearish | Neutral |
| Near 52-week High | YES | ||
| Volume Expansion | 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 |
(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. (Trading strategy: One should buy breakout stocks at breakpoint by using market order or stop buy.
Charts of Breakout Stocks
| TTD's Quality Rating of Stock - MDAS - 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 - 10
Stocks Screened - 8,200
Long-Term Environment for bears: Neutral
Bear Side - Breakdown stock list expands today as certain issues with weak earnings or losses fall. Bears be selective.
(Trading strategy: These stocks can be sold short, or if held should be sold. If a stock is sold short, a protective stop buy should be placed. Short plays work best when the stock market is in a down trend.)
JAKK, based in Malibu, Ca., makes a variety of toys. Annual revenues: $903 million. JAKK's stock falls sharply today in heavy trading after the company reported a larger than expected loss for the first quarter. JAKK gapped lower breaking below key near-term support. TTD sees more on the downside. So far today, JAKK is trading 1 million shares, four times its normal daily volume of 254,000 shares. 
JAKK's stock fell in the morning and except for a slightly lift in the morning was unable to mount any rally.
TTD's clip of the tape shows a big block of 82,700 shares crossing on a modest down tick to $11.21 from the prior trade at $11.22. The tape action indicated heavy institutional selling pressure.
Jakk reported a loss for the first quarter of 40 cents a share compared with a profit of 3 cents a share a year ago. The 40 cent loss was more than the 33 cent loss expected by the Street. The largest loss estimated by analysts was 35 cents a share. So, the results were very bearish and the stock responded in a bearish way.
JAKK's products include action figures, lunch boxes, electronic toys, pool toys, water guns, and dolls. The company has its own proprietary brands, and also licenses brands such as Nickelodeon, SpongeBob SquarePants, Finding Nemo, Hello Kitty, and NASCAR.
Some of the company's largest customers are Target, Kmart, Toys 'R' Us, Wal-Mart, and Kay Bee Toys.
For the upcoming second quarter, analysts predict an 82% drop in earnings to 3 cents a share from 15 cents a year ago. Net for the year is expected to be down 7% to $2.12 a share according to current analysts estimates. TTD sees good chances for net to be worse than expected for the year.
TTD's daily chart shows JAKK in a down trend. It staged a modest rally, but now is breaking down on big volume. The accumulation - distribution line (bottom of chart) is in an overall down trend.
Strategy Opinion: JAKK is a damaged stock that is sinking. TTD is targeting JAKK for a drop to 8.50 with in the next few months, or sooner. A protective stop can be placed near 12.50.
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. Some of the charts are from Telescan, Insight Trading, First Alert and other sources.)
