Daily - Go to TTD's Tape of Stock Charts - Monday. May 5, 2014
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Daily - Go to TTD's Tape of Stock Charts - Monday. May 5, 2014 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, May 5, 2013 |
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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 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 - 3
Overall Quality of Breakouts - AVERAGE
Stocks Screened - 8,300
Bull side - Breakout list small and very selective. Bulls be selective and patient. The stock market still in a trading range.
Stock market holds in up trend.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Stock Market Momentum
Market (Daily) - NYSE Bearish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bearish
Ticker Tape Digest's
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TTD's Quality Rating of Stock - GIL - AVERAGE |
GIL, based in Montreal, makes sports shirts, underwear and socks. Annual revenues: $2.2 billion. GIL's stock breaks out today from a 17-week base. The move was triggered by modest, but favorable quarterly earnings. So far today, GIL's stock is trading 490,513 shares. Its average daily volume is 295,000 shares. 
TTD highlighted GIL as a breakout at our midsession video show on the Web Monday.
GIL's stock moved up sharply in the prior session off the earnings news. Monday. it clears the breakpoint line and holds through the day (See 10 -minute chart).
GIL's stock edged a bit high Monday morning. It hit an intraday peak of 56. The stock then trended mostly sideways the rest of the day.
The company reported net for the fiscal second quarter ending March 30 climbed to 64 cents a share from 59 cents a year ago.
The 64 cents topped the consensus estimate on the Street of 63 cents a share. The stock reacted very bullishly to the news.
GIL's tape action shows the recent block trades.
One can see the price for the blocks advancing from $50.72 a few sessions ago to as high as $55.47.
A key bullish block came in the morning when 5,886 shares crossed the tape at $52.60. That was up from the prior block at $51.76 on 3,233 shares. 
GIL is a supplier of basic family apparel such as T-shirts, fleece, sport shirts, underwear and socks.
It markets its products under a portfolio of company-owned brands, including the Gildan, Gold Toe and Anvil brands and brand extensions, as well as under licensing arrangements for the Under Armour and New Balance brands.
It distributes its products in the North American and international printwear markets and to U.S. retailers.
The Company operates in two segments namely Printwear segment and Branded Apparel segment.
The Branded Apparel makes undecorated activewear products primarily to wholesale distributors in printwear markets in over 30 countries across North America, Europe and the Asia-Pacific region.
The products sold through its Printwear segment consist mainly of undecorated or blank T-shirts, fleece and sport shirts marketed primarily under Gildan brand.
GIL's stock rose from $3 back in 2001 to a peak of 46 by 2007, the top in the prior bull market. The stock then tumbled back $5.66 by 2009, the bottom in the prior bear market.
Since then GIL's stock has been working higher. Today's breakout carries the stock to a new all-time high.
GIL's daily chart shows the stock climbing from 45 back in October to a peak near 55 by January.
The stock then pulled back and formed a base. The structure of the base is poor with most of the work done in the lower part.
The stock came alive on Friday and then today clears upside resistance.
GIL's TTD momentum indicator (top of chart) is strongly bullish.
The Accumulation - Distribution line (bottom of chart) is in a strong up trend now showing robust buying interest.
This fiscal year ending Sept. 30 analysts are forecasting a 14% increase in net to $3.06 a share from $2.69 a year ago.
The stock sells with a price-earnings ratio of 17. TTD sees that as reasonable.
Going out to fiscal 2015 ending in September, analysts look for a 13% gain in profits to $3.46 a share from the anticipated $3.06 this fiscal year. 
For the upcoming fiscal third quarter ending in June, profits should be up only 3% to 98 cents a share from 95 cents a year before.
However, for the fiscal fourth quarter, analysts are looking for a 30% surge in net to $1.08 a share from the 83 cents the year before.
The company tends to come in close to the Street estimates.
Strategy Opinion: TTD is targeting GIL for a move to 62 off this breakout. A protective stop can be placed near 52.
TTD rates GIL an average intermediate-term play. We would look to take profits at the target area unless GIL boosts its profit forecast.
Sponsorship: Very Good. The largest fund holder is Fidelity Low-Priced Stock Fund with a 6.2% stake. The 4-star rated fund has held its position steady.
The largest fund buyer recently was the 4-star rated Janus Enterpirse Fund which purchased 201,441 shares. It has a 0.86% stake.
GIL has 122.3 million shares outstanding. Institutions hold 81% of the stock.
Insider Activity: Not available. Right now, 10 analysts follow the stock, 7 have a buy, down from 8 three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Gildan Activewear Inc. - (GIL) |
| 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 - ANIK - AVERAGE |
| TTD's Quality Rating of Stock - MUSA - 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 - 4
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of shorts but some interesting plays. Bears remain conservative. TTD's short from Friday was Blue Nile Inc. (NILE) at 32.01. Today, the stock has fallen to 31.33 and is working well for bears.
RLYP, based in Redwood City, Ca., is a biotech firm working on methods to treat cardiovascular problems. Annual revenues: Nil. RLYP's stock falls today undercutting key technical support. So far today, RLYP is trading 176,231 shares. Its average daily volume is 271,000 shares. TTD sees more on the downside. 
RLYP's stock trended lower from the opening. It hit an intraday low of 20.17 in the mid-afternoon.
The stock did lift a bit late in the day, but still remained in the red.
RLYP's tape action shows the recent block trades.
One can see the price for the blocks falling over the past few sessions from $22.98 to as low as $20.64.
A key bearish block came in the morning when 2,100 shares crossed the tape at $21.48.
That was down from the prior block trade at $22.45 on 6,200 shares.
RLYP is a clinical-stage biotech firm seeking to develop nonabsorbed polymeric drugs to treat disorders in the areas of renal,cardiovascular and metabolic diseases.
Enrollment of a pivotal Phase 3 trial of the company’s lead product candidate, patiromer, is complete, and upon FDA approval, Relypsa plans to commercialize the product as a treatment forhyperkalemia.
Hyperkalemia is a life-threatening condition defined as abnormally elevated levels of potassium in the blood. Patiromer is a non-absorbed, optimized potassium binding polymer administered as an oral suspension powder.
This year, analysts are forecasting a loss of $2.69 a share and for 2015 a loss of $3.01 a share.
RLYP's daily chart shows the stock spiking to a high around 51 in March. However, since then the stock has been moving lower. Today, it undercuts key technical support. The stock's TTD momentum indicator (top of chart) is bearish.
Strategy Opinion: TTD is targeting RLYP for a decline to 16.50. A protective stop buy can be placed near 21.30.
| TTD's Quality Rating of Stock - RLYP - 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: 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.)
