I’m digging deeper into this report questioning the reported growth at DDD. I don’t like to play around with accounting questions which is what this excellently-written article is all about, but of course I am not going to panic.
The stock is down 7% today after brushing its all-time highs earlier in the session and is still up big since we first added it but the only thing that matters is where it’s headed and how much risk there is in holding onto it — not where it’s been.
DDD is in the penalty box today, let you know more as I dig further.
Apple’s down after trying to open higher, and I think we’ve got to let it sit for now before doing another set of tranche buying. KLAC is just about the only tech stock up with any gusto today, and you’ve got an Nvidia NVDA to counter that rally anyway. Google’s been surprisingly steady given its ugly quarterly report a few weeks ago which took the mojo out of that name. Groupon? Still not a buy.
Tensions are high amongst the bulls and the bears are getting more aggressive. Hang on tightly.