Dow Ends Day in Red After Being Up More Than 125 points

Wal-Mart, Buffalo Wild Wings, and Hewlett-Packard finish day in the black while 3D Systems falls on competition fears.

Mar 21, 2014 at 9:00PM
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This afternoon, the Dow Jones Industrial Average (DJINDICES:^DJI) hit a high of 16,456, putting the index up more than 125 points for the day. But with little news, just after 12 p.m. EDT, the index began heading south. It didn't stop until trading for the day ended at 4 p.m. EDT when the blue-chip index sat at 16,302, down 28 points, or 0.17% for the day. The other major indexes, the S&P 500 and the Nasdaq, also ended the session in the red, down 0.3% and 0.98%, respectively.

Dow component Wal-Mart (NYSE:WMT) maintained its move higher today, despite the index falling into the red. The stock rose 0.96% during the day on nearly triple the average volume. More than 17.1 million shares were traded; the three-month rolling average is only 6.5 million. The higher volume may have played a role in the share price climbing, but the announcement that the company is rolling out an online tool that allows customers to compare prices on more than 80,000 items that Wal-Mart sells may be the actual reason. The "King of Retail," which is known for its low prices, is now doing the price comparing for its customers in an attempt to bring more buyers to its stores. This could certainly be a big driver in retaining current customers and gaining new ones, if the company truly does have the lowest prices around.

Outside the Dow, shares of Buffalo Wild Wings (NASDAQ:BWLD) rose 2.08% today. The move comes as the second day of the NCAA basketball tournament rolls on. During the first few days of "The Road to the Final Four," the company sees massive sales as basketball fans head to a place to watch all the games. Today it seems that, while fans head to drink beer and eat wings, investors are trying to cash in on this limited catalyst. While having an investing thesis based on capturing a short-term catalyst is not a terrible idea, making it your sole reason for owning a stock is not a great move. The company has performed wonderfully in the past and, at this time, it looks like the good times will keep rolling; but jumping into the stock when it's blazing hot may lead to diminished returns. Waiting for the madness to die down may suit investors a little better in this case.

Shares of 3D Systems (NYSE:DDD) fell 6.07% today as investors deal with the issue of increased competition in the world of 3-D printing. The new entrant is a veteran of the 2-D printing world, Hewlett-Packard (NYSE:HPQ). On Wednesday, HP announced that it would be entering 3-D printing and believes it can help improve the technology by increasing speed and quality. While at first, HP's plan is to market 3-D printing to business customers, it's not hard to imagine the company making a move into the consumer side of 3-D printing. HP already is a big player with consumer-based printing, and offers a number of products customers are familiar with and trust. As for 3D Systems, the company lacks that household name recognition by the average Joe and could possibly end up being left to die.

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Matt Thalman has no position in any stocks mentioned. The Motley Fool recommends 3D Systems and Buffalo Wild Wings. The Motley Fool owns shares of 3D Systems and Buffalo Wild Wings. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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