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My stock buddy, Judy, has been talking about XONE, which she bought a while ago.   XONE was an IPO in February.   It came public at around $23.   Since then it has advanced to close at $51.91 on Tuesday.   XONE markets 3D printers to commercial customers. And 3D printing in space is about to open a new frontier.   Judy told me about 3D printers and DDD a long time ago.   I wish I had acted on it!   Better late than never….

Note XONE’s short life as a trading stock and that it managed to rise to a new high even during Tuesday’s rout! Such relative strength is very interesting….

By my count, Monday was the 34th day of the current QQQ short term up-trend. The T2108 is at 45%, in neutral territory.

MINI, a recent green line break-out stock, may be testing support at the green line. Check out its daily chart.

It’s nice to be back.   The GMI Buy signal remains in effect.   IBD sees the up-trend under pressure. The QQQ, SPY and DIA are bouncing up off of short term support. All averages remain in strong longer term up-tends. I tune out the news and pundit hysteria and let the market tell me its direction.   It takes many weeks for a top to form and I see no evidence of one beginning to form. This weekly chart of the S&P 500 Index ETF shows the index to be in a strong Weinstein Stage 2 up-trend which began in early 2012. As long as the SPY remains above its rising 30 week average (red line) I stay invested on the long side. To learn more about how I use stage analysis, listen to my December, 2012 Worden TC2000 video, whose link appears to the right of this post.