Daily - Go to TTD's Tape of Stock Charts - Friday, May 1, 2015
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Daily - Go to TTD's Tape of Stock Charts - Friday, May 1, 2015 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 27, 2015 |
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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 - 13
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Large number of breakouts with some good looking plays. Construction material stocks lead list. Bulls can be venturesome. Stock market still moving within a trading range.
(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 Bearish, Nasdaq Bearish
Market (Monthly) - NYSE Bearish, Nasdaq Bullish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - MLM - ABOVE AVERAGE |
MLM, based in Raleigh, N.C., with annual sales of $2.7 billion, is a producer of aggregates for construction, MLM's stock breaks out today from a well-formed, 12-week flat base. The move carries the stock to a seven-year high. So far today, MLM is trading a heavy 1.7 million shares, almost triple its average daily volume of 676,000 shares. 
TTD highlighted MLM as a breakout at our midsession video show on the Web Friday.
The stock was also featured earlier in the week as a potential breakout.
MLM's stock drove sharply higher in the morning to clear its breakpoint line. 
The stock then worked slightly higher reaching an intraday peak of 149.27 in the afternoon.
The stock then held most of its gain into the final bell.
MLM's tape action shows the recent block trades.
One can see the price for the blocks climbing from $142.65 in the prior session to as high as $148.79 Friday.
A key bullish trade came in the morning when a block of 5,209 shares crossed the tape at $143.72.
That was up from the block of 70,649 shares at $142.65 late on Thursday. 
There was some profit taking near the close.
ML produces aggregates for the construction industry. It is also used for highways, infrastructure, commercial and residential purposes.
The company also makes magnesia-based products, including heat-resistant refractory products for the steel industry and chemicals for industrial, agricultural and environmental uses.
MLM's 12-month performance chart shows the stock appreciating 20% versus an 11% gain for the S&P 500.
MLM had been underperforming but now is in gear to the upside. The stock showed good insider buying several months ago. Then it shot higher after the most recent earnings report.
MLM's long-term chart shows the stock climbing from 54 in 2005 to a peak of 170.25 in 2007, the top in the prior bull market.
The stock then fell back to 60 in 2008 due to the bear market. It trended in a range until early 2013 when it broke out (see long-term chart). MLM then climbed to the 146 area where it set up a base.
MLM's daily chart shows the stock advancing from 104 in January to a peak near 146 by February. 
The stock then formed a tight flat base mostly above the rising 50-day moving average line - which did flatten out in recent session.
The stock's breakout today comes after a good move higher in the prior session (Thursday).
The move comes with a good widening of the daily spread (range from high to low).
That shows good movement with volume.
MLM's TTD momentum indicator (top of chart) is solidly bullish.
The accumulation - distribution line (bottom of chart) compliments the price action.
This year, analysts are forecasting a 36% jump in profits to $5.09 a share from $3.74 a year ago. The stock sells with a price-earnings ratio of 27. TTD sees that as reasonable given the earnings growth rate. 
Going out to 2016, the Street projects a 35% gain in net to $6.86 against the anticipated $5.09 this year.
Net for the upcoming second quarter is expected to rise 18% to $1.58 a share from $1.34 a year ago.
The highest estimate on the Street is at $1.69 a share.
MLM tends to be erratic with its earnings. So, the stock needs to be watched closely.
Going out to the third quarter, analysts expect a 37% jump in net to $1.98 a share from $1.45 the year before.
Strategy Opinion: TTD is targeting MLM for a move to 180. A protective stop can be placed near 140 giving it room.
TTD rates MLM a good intermediate-term play provided earnings meet expectations.
Sponsorship: Good. The largest fund holder is 4-star rated First Eagle Global Fund with a 2.6% stake. It was a recent seller of 28,245 shares.
A key buyer recently was the 5-star rated Principal MidCap R2 Fund which purchased 32,700 shares. It has a 1.5% stake.
MLM has 67.3 million shares outstanding. Institutions hold 79% of the stock and insiders 7%.
Insider Activity: Neutral. Light selling by insiders in March around $111.
Currently, 16 analysts follow the stock, 7 have a buy, the same as three months ago. MLM has a book value of $64.66.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Martin Marietta Materials Inc. - (MLM) |
| 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 | 14 | 0 | 0 |
Charts of Selected Breakout Stocks
| TTD's Quality Rating of Stock - VMC - ABOVE AVERAGE |
| TTD's Quality Rating of Stock - IART - AVERAGE |
| TTD's Quality Rating of Stock - BFAM - AVERAGE |
| TTD's Quality Rating of Stock - VAC - 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 - 20 - Max
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Large list of shorts today even though stock market rallies back from Thursday's selloff. TTD's short from Thursday was Silicon Graphics Intl. Corp. (SGI) at 7.98. Today, SGI has declined to 7.86 and is working well for bears.
ATHN, based in Watertown, Mas., provides billing and clinical-related services to medical group practices and health systems in the U.S.. ATHN's stock falls sharply today after the company reported a loss wider than a year ago. TTD sees more on the downside. 
So far today, ATHN is trading a heavy 1.7 million shares, double its average daily volume of 709,000 shares.
The company reported a loss for the first quarter of 23 cents a share diluted versus a loss of 21 cents a share a year.
The stock reacted bearishly to the news.
ATHN's stock broke to the downside in the morning. It then trended sideways most of the day afterwards.
However, it weakened again late in the session and is near its low for the day of 112.77.
ATHN's tape action shows the recent block trades. One can see the price for the blocks falling from $124 in the prior session to as low as $116.08.
A key bearish trade came in the morning when a block of 6,000 shares crossed the tape at $124.01.
That was down from the prior block trade at $124.01 on 6,400 shares.
The company provides services through athenaNet, a cloud-based platform.
Its services include athenaCollector for medical billing, athenaClinicals for health records, athenaCommunicator for patient communication and athenaCoordinator for care coordination.
The company also provides Epocrates, a subscription-based and sponsored clinical information, and decision support service for point of care medical applications and consulting.
This year, analysts are forecasting a 48% decline in ATHN's earnings to 22 cents a share from 43 cents a year ago.
Net for the upcoming second quarter is expected to fall 67% to 3 cents a share from 9 cents the year before.
ATHN's daily chart shows the stock trending lower from 150 in December to around 115 by April. Today's break down comes with heavy volume.
Strategy Opinion: TTD is targeting ATHN for a decline to 95 within the next few months, or sooner. A protective stop buy can be placed near 130.
| TTD's Quality Rating of Stock - ATHN - 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.)
