The QQQ short term up-trend is still intact–barely. I am waiting to see which way the market resolves itself. I am mainly in cash in my trading accounts. I remain 100% invested in mutual funds in my university pension. IBD calls the market back in a correction.
On May 24, I wrote about DDD,one of Judy’s favorite concept stocks. DDD was trading around $30 per share. DDD is in the exciting 3D printing business. Check this technology out, it is not like printing a 3D picture! Even in this volatile market DDD has held up beautifully and it hit a new all-time high on Tuesday. I own some of this stock and plan to hold it for a while as a longer term investment. Check out this weekly chart.
And this monthly chart: