Dragonfly Capital

MercadoLibre (MELI) is eBay's Latin American partner, and a difficult stock to understand. Take look at the daily chart below. Lines and triangles everywhere. But two stories emerge if you zoom in:...

Another stock that reports Friday before the open is Darden Restaurants, (DRI) Darden, DRIDarden Rsetaurants has been consolidating between 48.5 and 49.20, since moving higher into that range off of...

Looking for that one stock that nobody is following, that is ready to make a run. Well here it is. CBIZ (CBZ), is essentially an outsourcing company for all those things that skilled company players...

Since November the Japanese market ETF (EWJ) has been on fire, up over 20%. It seems like there is nothing that can stop it. But perhaps their fondness for seafood might get in the way. The chart...

Coca-Cola (KO) has had a nice steady grind higher since the market lows in 2009. Helped by a 2.9% dividend yield and the backing of Uncle Warren, all it seems to do is go up. We took a stab at it into...

It may be popular water cooler economic theory, that if the Chinese market is weak then the US market will be weak. It just does not show up in the price record. Below is a ratio chart of the Shanghai...

Goldman Sachs (GS) moved onto the radar in January and pretty much stalled shortly afterwards. But those bankers might be looking for their sunglasses as their future is starting to look bright again....

Here is your Bonus Idea with links to the full Top Ten: Cisco Systems, Ticker: CSCO Cisco Systems (CSCO) has been floating like a butterfly, exhibiting a Bearish Butterfly Pattern with a Potential...

Here are the Rest of the Top 10: Beam, Ticker: BEAMBeam (BEAM) went from being a possible short to a break out higher to end last week. The Measured move out of the Diamond Continuation takes it to...

Are our memories really that short? I was trading equity swaps at BNP Paribas at the time, or should I say pretending too, since all credit had dried up at any cost. Markets had been in turmoil, Bear...

Last week’s review of the macro market indicators suggested, heading into the March Options Expiration Week that the equity markets were feeling a bit euphoric. Elsewhere, Gold (GLD) looked to...

IBM (IBM) jumped higher when it reported earnings in January but then went and buried its head in the sand. The need to hide and then bounce off of 197.50 near all of the Simple Moving Averages (SMA)...

Technical Analysis (TA) can be tedious work, pouring over data or charts or both. And if you practice with more than one type of TA double or triple your workload. Ugh. Until you see multiple methods...

Tonight I am taking a page from my New York City friends and focusing on my own back yard like nothing else exists. So when I look around there are only three publicly traded banks in the universe and...

When I tell stories, the comparison between the French and American traders always comes up. I sum it up simply. The French are very technical and precise traders. If a price does not hit their level...