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The Reckoning for 3D Printers

Looks like the DDD bubble is continuing to unwind this morning, with a bad chart getting worse.

Momentum, indeed, cuts both ways. And stop-losses are paramount when trying to scoop up shares, especially on the “other side of the mountain.”

Elsewhere, the market is a choppy mess this morning, though FB is still best in class among the leaders.

Keep an eye on ACHN to see if it holds over $11.50 for a squeeze higher.

In addition, failure of crude oil to hold a bounce remains an inter-market concern, due to deflation implications.

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Yahoo Still on the Ball


I am back to 100% cash this morning after taking a loss on another entry into LAKE, with the HazMat suit player seeing no bounce off its 20-day moving average.

The market is flattish here, with an old tech name like Yahoo! still hovering near resistance since 2000, seen below on the quarterly chart.

This would be a massive breakout, over $44, if it does happen here. Marissa Mayer’s firm has made strides. But I suspect it needs a bit more time to base under $44 before the long-term breakout does occur down the line.



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Morning Motivation


Drop me your top watchlist names this morning…

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Night Owl Open Forum


For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.

In addition, anything else about the current market, feel free to drop below.

Speak your mind, night owls.

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Late Night Strategy for Wednesday


Several stocks holding up quite well on a relative and absolute basis in this market, from an overall chart perspective, are: ACHN AGIO FRGI JACK JWN. They continue to be long ideas if the rally continues.

And on the short side, if we see the market start to crack I like AmEx on weakness after bouncing back up to its declining 20-day moving average.

The daily chart, below, shows that the damage sustained this autumn is far from repaired.

Drop me your top tickers overnight.



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Stock #Market Recap 10/21/14 {Video}

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