Daily - Go to TTD's Tape of Stock Charts - Monday, May 6, 2013
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Daily - Go to TTD's Tape of Stock Charts - Monday, May 6, 2013 |
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Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, April 29, 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 - 20
Overall Quality of Breakouts - Average
Stocks Screened - 8,300
Bull side - Large number of breakouts today with some interesting plays. Rental car stocks zoom ahead. Bulls be venturesome. Stock market holds up trend.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) - NYSE Bullish, Nasdaq Bullish
Market (Monthly) - NYSE Bullish, Nasdaq Bullish
Ticker Tape Digest's
(See Top Performing Breakout Stocks for 2011- 2012)
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TTD's Quality Rating of Stock - HTZ - ABOVE AVERAGE |
HTZ, based in Park Ridge, N.J., provides rental cars and sells used cars. Annual revenues: $9.5 billion. HTZ's stock breaks out today from a six -week flat base. The move carries the stock to a five-year high. So far today, HTZ is trading a heavy 6.8 million shares. The stock's average daily volume is 4.9 million shares. 
TTD featured HTZ as a potential breakout last week. Also, today Avis, another car rental stock broke out. So, the sector is acting strong.
HTZ's 10-minute chart shows the stock driving higher through the morning and into the early afternoon. The stock hit an intraday high of 25. Afte the NYSe close, there was some selling, but the stock bounced back. 
TTD's clip of the tape shows the recent block trades.
One can see the price for the blocks climbing from $24.30 on Friday to as high as $24.98 Monday.
A key bullish trade came around midday when a block of 69,800 shares crossed the tape at $24.79. That was up from the prior block trade at $24.34. 
The tape showed aggressive institutional buying around midday.
HTZ operates in 147 countries from 8,100 locations.
The company is the worlds largest general use car rental brand.
HTZ is the number one airport car rental brand in the U.S. and at 69 major airports in Europe.
It operates both corporate and licensee locations in cities and airports in North America.
HTZ's 12-month performance chart shows the stock appreciating 60% the past 12 months compared with an 18% gain for the S&P 500 index.
HTZ's long-term chart shows the stock coming public in late 2006 and trading around 15. The stock peaked out at 27.20 in 2007. It then fell to $1.55 in late 2008 due in part to the bear market. 
HTZ's daily chart shows the stock advancing from 15 back in December to around 24. The stock put down a flat base and today pushes through to clear the base.
The base was well formed and above its rising 50-day moving average line.
The stock's TTD momentum indicator (top of chart) has been bullish for some six months.
The accumulation - distribution line ( bottom of chart) compliments the price action.
This year analysts are forecasting a 43% jump in net to $1.90 a share from $1.33 a year ago. The stock sells with a price-earnings ratio of just 12. TTD sees that as very low making the stock an excellent value play.
Going out to 2014, profits are projected to climb 29% to $2.45 a share from the anticipated $1.90 a share this year.
Net for the upcoming second quarter should jump 33% to 47 cents a share from 35 cents a year ago. The highest estimate on the Street is at 51 cents a share. TTD sees good chances for a modest upside earnings surprise. The past 10 quarters, HTZ has topped the consensus estimate from one to five cents a share. They are consistent. 
Going out to the third quarter, profits are expected to rise 27% to 80 cents a share from 63 cents a year ago.
Strategy Opinion: TTD is targeting the stock for a move to 32 after a breakout. A protective stop can be placed near 23.
TTD rates HTZ a very good intermediate-term play due to its low p/e and strong earnings outlook.
Sponsorship: Excellent. The largest fund buyer recently was Fidelity Contrafund which purchased 2.9 million shares. The 5-star rated fund has a 1.1% stake. Also, the 4-star rated Fidelity Blue Chip Growth Fund was a recent buyer of 2.6 million shares. It is a new position.
HTZ has 399.6 million shares outstanding. Institutions hold 82% of the stock.
Insider Activity: Bearish. Insiders were recent buyers using stock options from $4.56 to $14.56. They were recent sellers around $24. Currently, 5 analysts follow the stock, 4 have a buy, one a sell. That is the same sentiment as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Hertz Global Holdings Inc. - (HTZ) |
| 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 - GOOG - AVERAGE |
| TTD's Quality Rating of Stock - MINI - AVERAGE |
| TTD's Quality Rating of Stock - ALK - AVERAGE |
| TTD's Quality Rating of Stock - CAR - 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 - 1
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Only one short play today. Bears be conservative. Stock market still in an up trend. TTD's short from Friday was Zagg Inc. (ZAGG) at 5.03. Today, the stock has decline to 4.77 and is working well for bears.
LINE, based in Houston, is an oil and gas producer. LINE's stock falls sharply today in heavy trading. The company is poised to show lower earnings for the upcoming quarter. So far today, LINE is trading 16.6 million shares, 14 times its average daily volume. TTD sees more on the downside. 
TTD highlighted LINE as a short at our midsession video show on the Web.
Analysts said the decline was due to a bearish story in Barrons over the weekend questioning the value of the company.
LINE' stock fell sharply in the morning. It hit an intraday low of 34.26 in the morning. It then lifted a bit in the afternoon.
LINE's tape action shows the recent block trades.
One can see the price for the blocks falling from $38.44 to as low as $34.80.
A key bearish trade came in the morning when a block of 597,744 shares (duplicated) crossed the tape at $35.24. That was down from the prior block at $38.44.
LINE seeks to develop and buy long-lived properties which complement its asset profile in producing basins within the United States.
For the upcoming second quarter, earnings are projected to decline 8% to 41 cents a share from 45 cents a year ago.
LINE's stock chart shows the stock gapping lower on big volume. The TTD momentum indicator (top of chart) is very bearish.
Strategy Opinion: TTD is targeting LINE for a decline to 30 within the next few months, or sooner. A protective stop buy can be placed near 36.50.
| TTD's Quality Rating of Stock - LINE - 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.)
