Dragonfly Capital

The economy is starting to grow again, and that is good for every company in the United States. They all have a tailwind now. This effect is starting to show up in the US Equity Indexes as they begin...

I heard a well known television commodity analyst say that he liked Gold yesterday but only in yen terms. I have heard this type of analysis before so it did not surprise me. And part of the...

Metals USA (MUSA) had so much going for it in 2012. Besides a cool name it was the place to hide your money that was allocated toward steel and aluminum as the big names, US Steel and Alcoa cratered...

Chevron (CVX) Chevron (CVX) is back testing resistance at 111 after a pullback to the 200-day Simple Moving Average (SMA). It has a bullish and rising Relative Strength Index (RSI) and a Moving...

BP (BP)BP broke the consolidation between 41 and 42 and jumped higher last week to resistance at 44. The Relative Strength Index (RSI) is bullish and the Moving Average Convergence Divergence...

The first thing that comes to mind when someone mentions the Nasdaq 100 (NDX), (QQQ), is the crash of 2000, even if you are only in your twenties you are constantly reminded of how high valuations got...

Last week’s review of the macro market indicators suggested, as the last day of 2012 approached Gold continued to look lower while Crude Oil showed an upside trend continuing. The US Dollar...

Last week’s review of the macro market indicators suggested, as the last day of 2012 approached Gold (GLD) continued to look lower while Crude Oil (USO) showed an upside trend continuing. The...

A review of the Grand Daddy of the Indexes, the S&P 500 (SPX), (SPY) rounds out the series. Surprised it is not about the Dow Jones Industrial Average? Not if you are a trader. The S&P 500 has...

And I am talking long in both senses of the word. Back in August I saw interesting price action in Exxon Mobil (XOM), and discussed it in Exxon Mobil Set to Become a $500 Billion Company. The breakout...

Apparently when we got right down to the last 2 weeks of the year, the world had decided that some of their favorite stocks of 2012 were going to succumb to the fiscal cliff. I am not speaking of some...

Last month in this space my Monthly Macro Review/Preview had the monthly outlook suggesting continued consolidation in their ranges for the metals Gold (GLD) and Copper (JJC), along with Crude Oil...

Last month in this space, my Monthly Macro Review/Preview had the monthly outlook suggesting continued consolidation in their ranges for the metals Gold and Copper, along with Crude Oil. Natural Gas...

Fifth Third Bancorp (FITB)Fifth Third Bancorp (FITB) is building a bull flag between 14.85 and 15.15, after a rise since November. The Relative Strength Index (RSI) is on the verge of a move into...

AsiaInfo-Linkage (ASIA)AsiaInfo-Linkage (ASIA) fell from a top at the 200-day Simple Moving Average (SMA) at the beginning of the month finding a bottom last week at 10.35. Now through the 50 day SMA...

Last week’s review of the macro market indicators suggested, heading into the last week of the year there was a positive tone in the price action of equities. That said Gold (GLD) looked to...