Daily - Go to TTD's Chart scroller of Breakout and Leading Stocks - Friday, April 29, 2016
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Daily - Go to TTD's Chart scroller of Breakout and Leading Stocks - Friday, April 29, 2016 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 25, 2016 |
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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.
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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 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 - 7
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list large has several good plays. Gold stocks move higher. Bulls be selective. Stock market now in pull back phase.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Neutral
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
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TTD's Quality Rating of Stock - GIMO - ABOVE AVERAGE |
GIMO, based in Santa Clara, Ca., produces products to control of network traffic for enterprises and services providers around the world. Annual revenues: $22 milion. GIMO's stock moves sharply higher Friday. The move carries the stock out of a six-week flat base. 
So far today, GIMO is trading a heavy 2.2 million shares, five times its average daily volume of 396,000 shares.
GIMO's 10-minute chart shows the stock clearing its breakpoint line.
The stock dipped below the breakpoint line in the morning. However, it rallied above the line and held that position until the final bell.
GIMO's tape action shows the recent block trades.
One can see the price for the blocks climbing from $29.75 in the prior session to as high as $34.50 in the morning - near the opening.
A key bullish trade came in the morning when a block of 33,370 shares crossing the tape at $34.50.
That was up from the prior block trae at $33.50 on 5,000 shares.
Then near the close Friday a massive block crossed at 60,371 shares crossed.
That came on a down tick from the prior trade at $32.68 on 100 shares.
So, there was some distribution near the close.
GIMO offers traffic visibility solutions consisting of network traffic intelligence, such as controls for traffic selection, forwarding, manipulation, modification, de-duplication, SSL decryption, correlation, sampling, and generation of flow records.
The company also provides Flow Mapping technology that identifies and directs incoming traffic to single or various tools based on user-defined rules that could be managed from a centralized management console.
GIMO's 12-month performance chart shows the stock appreciating 10% versus a breakeven for the stock market.
There was heavy insider buying in February. That is bullish.
GIMO's long-term chart shows the stock coming public at $27.60 in 2013. The stock reached an all-time high of $41.81.
However, the stock fell back to 10 by 2014. It then rallied strongly to $34.80, pulled back and then came on again. The stock is now in a long-term up trend.
GIMO's daily chart shows the stock advancing from 21 in February to 32 by March.
The stock then trended sideways. The breakout Friday comes with a widening of the daily spread.
That is bullish.
The CCI momentum indicator (bottom of chart) is solidly bullish.
The accumulation - distribution line lags.
This year, analysts are forecasting a profit of 39 cents a share compared with a loss of 6 cents a year before.
The stock sells with a price-earnings ratio of 82. That is high but okay given the earnings growth outlook. 
Going out to 2017, the Street projects a 68% surge in net to 66 cents a share from the anticipated 39 cents this year.
Net for the upcoming second quarter is expected to be 7 cents a share.
There was no comparison for a year ago.
The highest estimate on the Street is at 11 cents a share. That would show some see chances for a big gain.
TTD sees chances for an upside earnings surprise.
The company topped the consensus estiamte six out of the past seven quarters.
Looking out to the third quarter, analysts are forecasting a 50% leap in net to 12 cents a share from 8 cents a year ago. The highest estimate is at 18 cents a share.
Strategy Opinion: TTD is targeting GIMO for a move to 40 off this breakout. A protective stop can be placed near 30.
TTD rates GIMO a good intermediate-term play provided earnings remain on course. The stock is most suitable for aggressive investors.
Sponsorship: Very Good. One of the largest fund buyers recently was the 5-star rated Vanguard Strategic Small-Cap Equity Inv. which purchased 47,200 shares. It has a 0.5% stake.
The largest fund holder is Vanguard Explorer Inv. Fund with a 2.7% stake. The 4-star rated fund was a recent buyer of 9,000 shares.
GIMO has 34 million shares outstanding. Institutions hold 71% of the stock and insiders 15%.
Insider Activity: Slightly Bearish. Insiders have been steady sellers in recent months at $23 to $30. Insiders were buyers at $11 using stock options.
Currently, 7 analysts follow the stock, 5 have a buy, the same as three months ago.
GIMO has a book value of $4.53 a share.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Gigamon Inc.- (GIMO) |
| 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 | 12 | 0 | 2 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - GOLD - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - SKYW - AVERAGE |
| TTD's Quality Rating of Stock - HMSY - AVERAGE |
| TTD's Quality Rating of Stock - GFI - 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 - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Large list of short plays Friday. Bears can be venturesome. Stock market in near-term pull back.
MSCC, based in Aliso Viejo, Ca., makes analog and mixed-signal semiconductor solutions. Annual revenues: $1.3 billion. MSCC's stock falls sharply Friday after the company reported disappointing earnings. So far, MSCC is trading a heavy 2.9 million shares, four times its average daily volume of 754,000 shares. 
TTD highlighted MSCC as a short at our midsession video show on the Web Friday.
MCC reported net for the fiscal second quarter declined to 53 cents a share from 58 cents a year ago.
The stock fell sharply in the morning through its key support.
It touched an intraday low $32.91. The stock bounced back to 34.11 in the morning. It then trended sideways the rest of the day.
MSCC's tape action shows the recent block trades.
One can see the price for the blocks falling from $37.17 in the prior session to as low as $34.18.
A key bearish trade came in the morning when a block of 20,828 shares (duplicated) crossed the tape at $34.50.
That was down from a prior block at $36.18 on 17,300 shares.
The company offers analog mixed-signal integrated circuits; field programmable gate arrays; system on chip solutions and application-specific integrated circuits.
It also provides voice processing devices, radio frequency solutions, discrete components, enterprise storage and communication solutions and security technologies.
Net for the fiscal year ending in September the Street is forecasting a 5% rise in net to $2.34 a share from $2.23 a year ago.
MSCC's daily chart shows the stock falling sharply Friday and undercutting key support. The stock's CCI momentum indicator (bottom of chart) is strongly bearish.
Strategy Opinion: TTD is targeting for a decline to 28. A protective stop buy can be placed near 35.
| TTD's Quality Rating of Stock - MSCC - 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 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.)
