These Dutch Guys are a fan of open source. Today, it was announced that Ultimaker, a Dutch company which is the global market leader in the field of compact 3D printers, received a private equity investment by NPM, a Dutch investment fund. Last year, Ultimaker received a € 15 million grant from the European Investment Bank. Ultimaker prouds itself in developing open source 3D printers and tools from the beginning of the company, which started out as a hobby project six years ago. Now, in 2017, Ultimaker 3D printers are in use with hundreds of thousands enthusiasts around the world, as well as leading companies such as Tesla, Volkswagen and Apple. 3D printers are the ultimate machines: you can use a 3D printer to create a new 3D printer.
US stocks closed higher on Tuesday, supported by earnings results that surpassed expectations. The Dow added 0.72%, marking its 54th record close of 2017. The S&P 500 gained 0.16% and the NASDAQ rose 0.18%. Volatility was on the rise, nevertheless. Option traders appear to be more negative about the (short-term) future than stock traders. The VIX closed 0.8% higher. UVXY ETFs gained almost 2% and XIV ETNs closed more than 1% lower.
Danny Daredevil saw his RSS rise to 14%. Adventurous Anny was holding cash yesterday. Solid Suzy and Lazy Larry recorded a small loss. Their RSS dropped to 62%.
RSS = Return Since Start | YTD = Year-To-Date | QTD = Quarter-To-Date | AAR = Average Annual Return
Two of our models gave a trading signal at the end of yesterday’s session: Danny Daredevil and Adventurous Anny. Danny switched from UVXY ETFs to XIV ETNs and Anny traded her cash for XIV ETNs at the opening of today’s session.
A one-minute strip generator production (III)
You love it or you hate it. But it won’t let you untouched: another episode of the one-minute strip generator production. Powered by stripgenerator.com. Feel free to submit your own handcrafted episode!