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Momentum Wrap – 3D Printing Is Still Alive…Real Estate Developers On Fire

Feb 13 new highs

New Highs

67 new all-time highs among stocks that gained 1% or more today: PRLB PRO GV BRP PCYC HHC ACRX VMI FURX NSM

165 stocks reached 52-week highs while appreciating 1%+. Some of the notable movers include:

  • 3D printing is still considered a fad by many, but the underlying stocks continue to squeeze higher. $PRLB reported better than expected earnings and shot 25% higher to new all-time highs.
  • Real estate developers are trading like it is 2003 all aver gain. $HHC $BRP $IEP  just printed new all-time highs. So are mortgage investors – $HLCC $NSM, building materials and heavy construction stocks.
  • Regional banks, which are another way to play the recovery in the U.S. housing markets, are showing on the 52-week high list every day: $HAFC $CATY $CRBC
  • Recently, Josh Brown mentioned that “If you add up annual profits of the entire airline industry going back to 1948, you get minus $32 billion”, but apparently airlines could occasionally be very lucrative trading vehicles. Just look at the 3-month performance of the entire sector. A few new multi-year highs from the group today - $ALGT, $RJET, $ALK
  • $PCYC has been in the top 10 best performing stocks for 2011 and 2012. Today, it broke out to new all-time highs again. Price momentum could be a catalyst on its own.

StockTwits 50 Notables

  • $QIHU gained 3% in a flat tape. Notable relative strength and a great looking setup
  • $RAX was leveled with the ground after missing revenue estimates for the first time since 2009
  • $POL, $XXIA, $EFII broke out to new multi-year highs and are not too extended
  • George Mclaren

    Hi, 3D printing is really an amazing technique to produce produce in 3D format…. However, this technology will remain alive until the new technology is not utilized in place of 3D technology…

  • jamesshaun

    I think to produce the best results It has played the central role. We can’t deny the importance of this technology. Today digital printing is leading in the filed of printing but we can not deny the history of traditional printing. Similarly when the new technology will take its place it will become the part of history. We will remember it with good words.


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