Dragonfly Capital

Celgene (CELG)Celgene (CELG) is beginning a move up out of consolidation at 74. The Relative Strength Index (RSI) is turning back higher after holding near 40, remaining in bullish territory, and the...

Here are the Rest of the Top 10: CNOOC Limited, Ticker: CEOCNOOC Limited, (CEO), is approaching resistance at 210 for the fourth time since March. It has a bullish Relative Strength Index (RSI) and a...

Last week’s review of the macro market indicators suggested, heading into the new options cycle Gold (GLD) and Crude Oil (USO) looked ready to pull back further with the possibility that Crude...

Last week’s review of the macro market indicators suggested, heading into the new options cycle Gold and Crude Oil looked ready to pullback further with the possibility that Crude Oil continued...

Two people will invariably describe the same picture two different ways. three people, three ways. Ten people, ten ways. It all depends upon your perspective. This rationale applies to using technical...

When it comes to credit card related stocks Visa (V) and Mastercard (MA) always come to mind. But the charts of these stocks have had good runs and are currently pulling back. In contrast, Capital One...

West Texas Intermediate Crude Oil has been pulling back from a high near 100 since early September. And it has been dragging the market lower lately. How low will it go? From the Fibonacci Speed lines...

There has been a bit of a correction/pullback in the broad markets. I do not know if it is over yet but I am starting to see some of the names that lost favor first bottoming and ready to turn. The...

US Treasury Bond (TLT) prices have been the source of debate for nearly a year. When will the top form and the trade of the century unwind? It may be happening now, but then again, maybe it...

Many are jittery about the broad market but individual stocks are sending some clear signals. Two in the healthcare space are writing a prescription for a move lower, Express Scripts, (ESRX) and...

Flowserve (FLS)Flowserve (FLS) is testing a double top at 135.40 after a brief pullback to the 50 day Simple Moving Average (SMA). It has no resistance higher but a price objective from the 3-ox...

Aetna (AET)Aetna (AET) is building a bull flag just under resistance created by the gap down in April. The Relative Strength Index (RSI) is working off the technically overbought condition while the...

Last week’s review of the macro market indicators suggested, heading into the October Options Expiration week markets were looking bleak. Gold (GLD) looked ready to continue lower in the short...

Last week’s review of the macro market indicators suggested, heading into the October Options Expiration week markets were looking bleak. Gold looked ready to continue lower in the short run...

A couple of days ago in The Bond Rally Is Not Over, the Gann Fan Lines helped show the potential for a lot more upward movement in the iShares iBoxx Investment Grade Corporate Bond Fund, (LQD). But it...

When you thin of trading fertilizer companies you immediately think of CF Industries (CF) or Potash Corporation of Saskatchewan (POT). These have been popular with traders but if you look at their...