Dragonfly Capital

West Texas Intermediate Crude Oil (WTIC),(CLF), (USO) is the life blood of the US. Fluctuations in its price can destroy our economy or turn it into a powerhouse. And flipping the relationship on its...

Domino’s Pizza (DPZ) is making new all time highs and with rising trend support and a bullish Relative Strength Index (RSI) looks to continue. But there truly must be something in the sauce...

Bank of America (BAC)Bank of America (BAC) moved above the closely watch resistance at 10 and drove higher. Now consolidating at 10.50 in a bull flag it has a Relative Strength Index RSI that is...

Amsurg (AMSG)Amsurg (AMSG) has been moving higher off of a basing at 27 and is currently in a bull flag. A move over the top of the flag carries a Measured Move to 31.25. There are some signs of...

The Holiday Season has everyone getting together to have a good time. Quite often this happens with large groups or just a handful of friends going out to dinner. And what better way to make a dinner...

Last week’s review of the macro market indicators suggested, heading into the week that the markets were slowing but positive. Gold (GLD) looked to consolidate the latest move lower while Crude...

Last week’s review of the macro market indicators suggested, heading into the week that the markets were slowing but positive. Gold looked to consolidate the latest move lower while Crude Oil...

Sometimes things get too complicated. Will going over the Fiscal Cliff cause this market to crash? Are rising tax rates setting up to take the market lower? What about impact on the economy? It is in...

Since July 24th the euro has been rising against the US dollar. This in the face of continued concerns about the situation in Spain and Greece, but propped by the dysfunctional environment in...

How many investors made a comment today as Warren Buffett bought back over a billion dollars of his own company stock. Comments flew around like “is Warren out of ideas?” “What...

Currencies have played a major role in the economies and markets this past year. The euro weakening and the Swiss franc strengthening. But throughout the perception of the US dollar has been mixed. Up...

Fiscal Cliff, Debt Ceiling Limit, European problems, and all around the holidays. No wonder you have indigestion. Another sign that clearly shows traders have indigestion is that Astrazeneca (AZN),...

Germany has been the rock of the European economy and many think their backing is the only thing holding the euro together. It stands to reason then that the troubles in Greece, Spain….all of...

Readers of my blog know that I like to take long driving vacations. And with Christmas approaching the family will be driving over the river and through the woods to Grandma’s house. It gets you...

BHP Billiton (BHP)BHP Billiton (BHP) had been capped by the 200-day Simple Moving Average (SMA) throughout the first 8 months of the year. Moving above it in September and then retesting in October...

Abaxis (ABAX)Abaxis (ABAX) is testing channel resistance after breaking above the descending triangle, retesting the breakout and holding. A break above it triggers a Measured move higher to 42.30...