Dragonfly Capital

There are numerous opinions and charts showing that the S&P 500 looks bullish. I have put forth many myself either directly or through my new firm. And because that was not enough here is one more...

When you think of wireless phone providers you think of Verizon or AT&T. Big companies with their own storefronts and highly inefficient sales processes. You walk in and can’t talk to anyone...

Here is your Bonus Idea with links to the full Top Ten: American Express, Ticker: AXPAmerican Express gapped higher with the market at year end and marched to a peak at 62, pulling back since then. In...

Here are the Rest of the Top 10: American Axle & Manufacturing, Ticker: AXLAmerican Axle & Manufacturing, is breaking above a Cup and Handle pattern with a target of 15.25. It has support for...

Last week’s review of the macro market indicators suggested, heading into the shortened holiday week that the markets continued to look bullish. Gold (GLD) looked set to continue higher within...

Last week’s review of the macro market indicators suggested, heading into the shortened holiday week that the markets continued to look bullish. Gold looked set to continue higher within the...

Sounds like a commercial right? January is the time to go the gym, sign up for a membership you will never use and then go on a diet. Two major competitors do all that they can to get your weight loss...

Need another obscure measure to determine if the market is doing well? Straight from the tool shed the ratio of Energy Sector (XLE) to the Utilities Sector (XLU) is one that not many use. The ratio...

This past weekend in my Macro Week in Review/Preview for clients I noted that for the second week in a row the markets looked bullish but with the Nasdaq 100 (QQQ) lagging the S&P 500 (SPY), and...

The commodity complex has moved lower since mid 2011 and there are many eyes on this space. Cotton (BAL) is no exception. The chart below shows the rounded bottom and move higher of the iPath DJ-UBS...

Hotel Stocks seem to go through their own rotation. Some are up then others catch up as the leaders rest or pullback. An inter-sector rotation among the market sector rotation. Lately Choice Hotels...

Jefferies Group (JEF)Jefferies Group (JEF) is consolidating at the previous highs near 19 after retracing a move lower to 11.50. The Relative Strength Index (RSI) is in bullish territory and has now...

One more name today that reports tonight, Apple (AAPL). AppleApple has been falling since topping out at 701 in September. The Relative Strength Index (RSI) is trying to move higher but in bearish...

Cummins (CMI)Cummins (CMI)has been moving higher off of a double bottom in mid October and a confirmed Inverse head and Shoulders (IHS) in early December. The price objective of the IHS is in the...

Last week’s review of the macro market indicators suggested, heading into the week that the broad markets continued to look good but with some caution creeping in. Gold (GLD) might be bottoming...

Last week’s review of the macro market indicators suggested, heading into the week, that the broad markets continued to look good but with some caution creeping in. Gold might be bottoming but...