Daily - Go to TTD's Tape of Stock Charts - Monday, May 20, 2013 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, May 20, 2013 |
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 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 small but some interesting plays. Bulls be venturesome. Stock market remains in bullish 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)
TTD's Quality Rating of Stock - GLOG - ABOVE AVERAGE |
GLOG, based in Monaco, operates liquefied natural gas carriers. Annual revenues: $68 million. GLOG, a small cap play, breaks out today from a 15-week flat base. The move carries the stock to a new all-time high. So far today GLOG is trading a heavy 468,273 shares, triple its normal daily volume of 153,000 shares.
TTD highlighted GLOG as a breakout at our midsession video show on the Web Monday.
GLOG's 10-minute chart shows the stock pushing through its breakpoint in the morning. After clearing the breakpoint the stock trended sideways.
Then late in the day, the stock started to move higher again.
GLOG's tape action shows the recent block trades.
One can see the price for the blocks climbing from #13.20 to as high as $13.91.
A key bullish trade came in the morning when a block of 7,108 shares crossed the tape at $13.34. That was up from the prior block at $13.26.
Finally, near the close a block of 8,321 shares crossed at $13.91 near the high of the day. So, the tape showed strong institutional buying right near the close.
GLOG is an owner, operator and manager of liquefied natural gas carriers.
The company operates in two segments: vessel ownership and vessel management.
The vessel ownership segment consists of chartering out company-owned LNG carriers and the vessel management segment consists of providing LNG carrier technical management services.
They include LNG carrier construction supervision services and other vessel management services.
GLOG's 12-month performance chart show the stock appreciating 45% versus a 28% gain for the S&P 500 index.
GLOG's long-term chart shows the stock coming public in 2012 and trading around $13. The stock declined to as low as $8.76. Since them, GLOG has been working higher in an orderly with periods of consolidation. The push to a new high Monday could draw in more buying.
GLOG's daily chart show the stock setting up a flat base starting in February. The stock most recently rallied to the top of the base.
Today, it breaks out with a nice expansion in volume.
The stock's TTD momentum indicator (top of chart) is solidly bullish.
The accumulation - distribution line (bottom of chart) has hit a new peak and confirms good buying supporting the breakout.
GLOG is poised to show powerful earnings growth.
This year, analysts are forecasting a 228% jump in profits to 59 cents a share from 18 cents a year ago. The stock sells with a price-earnings ratio of 23. TTD sees that as low given the strong earnings growth.
Going out to 2014, profits should leap 89% to $1.12 a share from the 59 cents anticipated for 2013.
The company should show a significant acceleration in quarterly profits.
Net for the second quarter should jump 145% to 10 cents a share from 4 cents a year ago. The highest estimate on the Street is at 12 cents a share.
Looking ahead to the third quarter earnings should soar 204% to 18 cents a share from 6 cents a year before.
Strategy Opinion: TTD is very bullish on GLOG. We are targeting the stock for a move to 18. A protective stop can be placed near 12.90.
TTD rates GLOG an excellent intermediate-term play
Sponsorship: Excellent. The largest fund holder is Lord Abbett Developing Growth Fund with a 3.1% stake. The 4-star rated fund was a recent buyer of 283,730 shares. T. Rowe Price Small-Cap Value Fund, 4-star rated, is the second largest fund holder at 0.80%. It recent bought 93,300 shares.
GLOG has 62.9 million shares outstanding.
Insider Activity: Not available. Five analysts follow the stock and all 5 have a strong buy, the same sentiment as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
TTD's Breakout Profile
Rating Gaslog Ltd. - (GLOG) |
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 - COG - ABOVE AVERAGE |
TTD's Quality Rating of Stock - PNRA - AVERAGE |
TTD's Quality Rating of Stock - AMBA - AVERAGE |
TTD's Quality Rating of Stock - ACAD - 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 - 2
Stocks Screened - 8,300
Long-Term Environment for bears: Unfavorable.
Bear Side - Small list of breakdown stocks today. Bears be selective. Stock market remains in up trend.
TISI, based Alvin, Tex., provides environmental services to the pipeline industry. Annual revenues: $701 million. TISI's stock falls sharply today after the company forecasted a surprise drop in earnings for the fiscal fourth quarter ending May 30. So far today, TISI is trading a heavy 1.3 million shares, 21 times its average daily volume of 70,000 shares. TTD sees more on the downside.
TTD highlighted TISI as a short at our midsession video show on the Web Monday.
TISI said it expects net for the fourth quarter ending in May to be between 52 to 60 cents a share. The Street was looking for 75 cents a share.
The stock tumbled in the morning after the news. It hit an intraday low of 34.64 in the morning. The stock then trended sideways the rest of the day.
TISI's tape action shows the recent block trades.
One can see the price for the blocks falling from $42.60 on Friday to as low as $34.97 on Monday.
A key bearish trade came in the morning when a block of 23,100 shares crossed the tape at $35.16. That was down from the prior trade at $42.60.
TISI provides environmental engineering, consulting, monitoring and repair services.
It also handles on-stream leak repair and related industrial services for piping systems and process equipment.
For the fiscal year ending in May, the Street was forecasting a 6% rise in profits to $1.76 a share from $1.67 a year ago. That forecast should come down.
TISI's daily chart shows the stock with a gap drop on heavy volume. The accumulation - distribution line (bottom of chart) was in an up trend. So, the news came as a surprise.
Strategy Opinion: TTD is targeting TISI for a decline to 30. A protective stop buy can be placed near 36.20.
TTD's Quality Rating of Stock - TISI - 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.)