3D Systems Corporation, through its subsidiaries, develops,
manufactures and markets 3D printers, print materials, on-demand custom
parts services, and 3D authoring solutions for professionals and
consumers. The company’s primary print engines comprise
stereolithography, selective laser sintering, multi-jet modeling, film
transfer imaging, selective laser melting, and plastic jet printers, as
well as ZPrinters.
Its 3D printers convert data input from computer aided design (CAD)
software or 3D scanning and sculpting devices to produce physical
objects from engineered plastic, metal, and composite print materials.
The company also provides its customers with 3D authoring tools for
digital imaging and design; blends, markets, sells, and distributes
various consumables, engineered plastics, nylon and metal materials, and
composites; and offers various software tools, as well as pre-sale and
post-sale services, including applications development, installation,
warranty, and maintenance.
Please take a look at the 1-year chart of DDD (3D Systems Corporation) below with my added notations:
After finally breaking through the $50 level at the end of August,
DDD almost doubled to $98 in January. Since then, the stock has pulled
back to support at $85, which was also the November high. A break below
$85 will most likely lead to significantly more selling, while if that
level holds, the stock should run to new 52-week highs.
The Tale of the Tape: DDD has a key level of support
at $85. A long trade could be made at that level with a stop placed
below. However, if the stock were to break that level traders might want
to look to get short on the stock.
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Wednesday, January 29, 2014
China’s Households “Massively” Exposed To Housing Bubble “That Has To Burst”
zerohedge.com / by Tyler Durden on 01/28/2014 14:51 -0500
The topic of China’s real estate bubble, its ghost cities, and its emerging middle class - who now have enough money to invest and have piled into houses not stocks – and have been dubbed “fang nu” or housing slaves (a reference to the lifetime of work needed to pay off their debts); is not a new one here but, as Bloomberg reports, the latest report from economist Gan Li shows China’s households are massively exposed to an oversupplied property market.
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Chart of the Day - Autozone (AZO)
The Chart of the Day is Autozone (AZO). Believe it or not there were a few stocks that hit all time highs today. I found the stock by sorting the All Time High List for
frequency in the last month and AZO was right at the top of the list.
In fact since the Trend Spotter signaled a buy on 10/17 the stock is up
17.35%.
Autozone is a specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. Each of the company's auto parts stores carries an extensive product line for cars, vans and light trucks, including new and re-manufactured automotive hard parts, maintenance items, and accessories. Many of the company's domestic auto parts stores also has a commercial sales program, which provides commercial credit and prompt delivery of parts and other products to local repair garages, dealers and service stations.
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Autozone is a specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. Each of the company's auto parts stores carries an extensive product line for cars, vans and light trucks, including new and re-manufactured automotive hard parts, maintenance items, and accessories. Many of the company's domestic auto parts stores also has a commercial sales program, which provides commercial credit and prompt delivery of parts and other products to local repair garages, dealers and service stations.
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Mark Mobius: Emerging Market Turmoil Will Be 'Temporary'
The chaos striking emerging markets, with currencies and asset markets
plummeting, won't last, says Mark Mobius, executive chairman of
Templeton Emerging Markets Group.
The Turkish lira hit a record low Monday, the South African rand touched a five-year nadir and the Argentine peso registered its biggest daily drop in a decade last week.
"There is a generalization you can make," Mobius tells CNBC. "Those countries that are having balance of payment difficulties are the ones being targeted with the currencies."
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The Turkish lira hit a record low Monday, the South African rand touched a five-year nadir and the Argentine peso registered its biggest daily drop in a decade last week.
"There is a generalization you can make," Mobius tells CNBC. "Those countries that are having balance of payment difficulties are the ones being targeted with the currencies."
The $3 Way To Play Silver — Hecla Mining Co.
The silver market is primed for a breakout move. And as you’ll see, there’s a $3 way to play it.
Last year we saw a general downtrend in precious metal prices. From a
high last January around $32 an ounce, the price of silver marked a
downward trail to its current perch at $20/oz.
That’s the bad news.
The good news is that over the past two months the price of silver has formed a solid base. Said another way, silver’s chart is consolidating for a potential move to the upside…
Call it what you will — an ascending triangle, consolidation, coiling or sideways trade – but the recent trend for silver is the most positive action we’ve seen in months. From where I stand the price has formed a substantial base around $20 — which makes for a great upside opportunity. (more)
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That’s the bad news.
The good news is that over the past two months the price of silver has formed a solid base. Said another way, silver’s chart is consolidating for a potential move to the upside…
Call it what you will — an ascending triangle, consolidation, coiling or sideways trade – but the recent trend for silver is the most positive action we’ve seen in months. From where I stand the price has formed a substantial base around $20 — which makes for a great upside opportunity. (more)
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