After a brief history of the Levitron, the first horizontal axis Levitron is reported. Because it is easy to operate, it lends itself to educational physics experiments and analogies. Precession and nutation are visualized by reflecting the beam from a laser pointer off the "spignet". Precession is fundamental to nuclear magnetic resonance, magnetic resonance imaging, particle traps and the movement of bodies in space. Longitudinal and lateral bounce behaviour is explained via "the principle of gentle superposition" of two traps: the micro-precessional and the macro-trap. Theory is initiated. Scaling experiments are mentioned. Industrial applications might follow.