Daily - Go to TTD's Tape of Stock Charts - Thursday, April 23, 2015 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 20, 2015 |
Go to Video Show - "How to Make Money With Breakout Stocks" |
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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. 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 high 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 - 23
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large with some good looking plays. Medical issues continue to do well. Bulls can be venturesome.
(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 Bullish
Market (Monthly) - NYSE Bearish, Nasdaq Bullish
Ticker Tape Digest's
TTD's Quality Rating of Stock - AMAG - ABOVE AVERAGE |
AMAG, based in Waltham, Ma., is a biotech developing products to treat anemia and cancer. Annual revenues: $124 million. AMAG's stock breaks out today from a six-week flat base. The move carries the stock to a seven-year high. So far today, AMAG is trading 844,383 shares. Its average daily volume is 609,000 shares.
AMAG is one of the hottest stocks in the biotech sector. It has tripled in the past nine months.
Thursday, the stock pushed higher in the morning and cleared its breakpoint line. (See 10-minute chart)
The stock hit an intraday peak around noon at $60.84.
The stock then trended sideways the rest of the day holding the bulk of its gain.
AMAG's tape action shows the recent block trades.
One can see the price for the blocks climbing from $56.65 in the prior session to as high as $60.37.
A key bullish trade crossed the tape Thursday morning when 33,300 shares crossed at $59.05.
That was up from the prior block trade at $57.68 on 10,133 shares.
Then in the morning a massive block of 87,700 shares crossed at $59.15.
That was up from the prior block at $59.05 on 33,300 shares.
AMAG uses its nanoparticle technology to develop therapeutic iron compounds to treat anemia and novel imaging agents to aid in the diagnosis of cancer and cardiovascular disease.
Ferumoxytol is the company's key product candidate. It is being developed for use as an intravenous iron replacement therapeutic to treat iron deficiency anemia in chronic kidney disease patients.
Combidex the company's other product under development, is an investigational functional molecular imaging agent consisting of iron oxide nanoparticles for use in conjunction with magnetic resonance imaging to aid in the differentiation of cancerous from normal lymph nodes.
AMAG's 12-month performance chart shows the stock appreciating a sensational 225 versus a 15% gain for the S&P 500 index.
AMAG's long-term chart shows the stock soaring from 10 back in 2005 to a peak of 72.95 in 2007, the peak in the prior bull market.
The stock then tumbled back down to 13.75 in 2010 due to the bear market. It spend a few years bottoming. However, in 2014 the stock turned higher and has since shot higher hitting a peak of 60.84 this year.
AMAG's daily chart shows the stock advancing from 40 back in December to a peak near 59 by March.
The stock put down a six week flat base above its rising 50-day moving average line.
The breakout clears the base with a pickup in volume.
The TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) is trending higher and compliments the price action.
This year, analysts are forecasting AMAG's net will hit $5.16 a share compared with a loss of 17 cents a year ago.
The stock has a price-earnings ratio of 11. TTD sees that as conservative.
Going out to 2016, analysts look for a 14% gain in profits to $5.87 a share from the anticipated $5.16 this year.
Net for the upcoming first quarter should hit $1.04 a share compared with a loss of 33 cents the year before.
The highest estimate on the Street is at $1.15 a share. The company can come in with erratic numbers. So, one needs to be watchful of the stock.
Going out to the second quarter, analysts look for a leap in net to $1.13 a share from a loss of 7 cents the year before.
Strategy Opinion: TTD is targeting AMAG for a move to 72. A protective stop can be placed near 56 after a breakout.
TTD rates AMAG a good intermediate-term play provided earnings meet expectations.
Sponsorship: Excellent. The largest fund holder is the 5-star rated Fidelity Select Biotechnology Portfolio with a 5.1% stake. It was a recent buyer of 358,500 shares.
Also, the second largest fund holder Wells Fargo Advantage Discovery Fund was a recent purchaser of 175,658 shares. The 4-star rated fund has a 3.2% sake.
AMAG has 25.6 million shares outstanding. Institutions hold 90% and insiders 7%.
Insider Activity: Neutral. Some insider selling earlier this year at $45 to $46.
Right now, 5 analysts follow the stock, 4 have a buy, up from 3 three months ago. AMAG has a book value of $17.97.
Stock Performance Chart with Quarterly Earnings Markers.
TTD's Breakout Profile
Rating AMAG Pharmaceuticals Inc. - (AMAG) |
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 | 13 | 1 | 0 |
Charts of Selected Breakout Stocks
TTD's Quality Rating of Stock - ANIP - ABOVE AVERAGE |
TTD's Quality Rating of Stock - WGP - ABOVE AVERAGE |
TTD's Quality Rating of Stock - DPZ - AVERAGE |
TTD's Quality Rating of Stock - ULTA - 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. Stock market not giving ground. Bears be conservative. TTD's short from Wednesday was Adtran Inc. (ADTN) at 16.66. The stock moves lower today to 16.01. It is working well for bears.
PHM, based in Atlanta, builds and helps finance homes. Annual revenues: $5.8 billion. PHM's stock falls sharply today after the company reported disappointing earnings for the first quarter. TTD sees more on the downside.
TTD highlighted PHM as a short at our midsession video show on the Web Thursday.
The company reported net for the first quarter declined to 15 cents a share from 18 cents a year ago.
The Street was looking for 20 cents a share. The lowest estimate on the Street was at 14 cents a share.
So far today, PHM is trading a heavy 27.6 million shares, five times its average daily volume of 4.5 million shares.
The stock gapped lower in the morning and fell to an intraday low of 19.65.
The stock then lifted and trended sideways the rest of the day still well below its breakdown line.
PHM's tape action shows the recent block trades.
One can see the price for the blocks falling from $21.69 in the prior session to as low as $19.80 on Thursday.
A key bearish trade came in the morning when a block of 195,583 shares crossed the tape at $20.59.
That was down from the prior block trade at $21.69 on 359,336 shares.
PHM builds home in 50 markets in the U.S. They are sold under the name Pulte, Centex, Del Webb and DiVosta homes.
This year, analysts have been forecasting a 7% rise in earnings to $1.34 a share from $1.26 a year ago. That forecast should come down.
PHM's daily chart shows the stock gapping lower on big volume. The stock's TTD momentum indicator (top of chart) is now bearish.
Strategy Opinion: TTD is targeting PHM for a decline to 16. A protective stop buy can be placed near 21.
TTD's Quality Rating of Stock - PHM - BELOW 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: Beverly 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
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(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.)