Dragonfly Capital

Timmmberrr!!! – That is what I heard all day Tuesday in the broad market, calls for a pullback. And it got me thinking. What about timber, or lumber? Turns out Weyerhauser, (WY) has great...

Costco (COST) Costco (COST) trended higher from a bottom in May and again after a consolidation through August. Running into earnings tomorrow morning it is oscillating around 100 after pulling back...

The ratio of Gold (GLD) to West Texas Intermediate Crude Oil (USO) has been in a symmetrical triangle pattern for the last 18 months after a 2 year stint in a consolidating channel. Now, breaking...

They make small appliances and absorbent products, oh yeah, and work with the Department of Defense. Quite a broad mix. Maybe that is why National Presto (NPK) is looking up. I noted the rounded...

Chevron (CVX)Chevron (CVX) is consolidating in a bull flag between 116 and 118.50. It has a bullish Relative Strength Index (RSI) and a Moving Average Convergence Divergence indicator (MACD) that is...

American Capital (ACAS)American Capital (ACAS) is moving higher after a retest at the 20 day Simple Moving Average (SMA) toward the previous high at 12. It has support for a continued move higher from...

Last week’s review of the macro market indicators saw, as the 4th Quarter began there were more signs of short term weakness in the Equity markets. Gold (GLD) looked strong though and ready to...

Last week’s review of the macro market indicators saw, as the 4th Quarter began there were more signs of short-term weakness in the Equity markets. Gold looked strong though and ready to move...

Traders and Investors look at a lot of indicators, statistics, and econometrics when they are trying to determine what will happen in the market. But the simplest indicator, price action, has been...

And two of the biggest Global Custodians are Bank of New York Mellon (BK) and State Street (STT). These companies make money by reporting accounting balances, and charging asset based fees for...

Last week in the Macro Week in Review/Preview I wrote: Crude Oil broke the short consolidation lower early in the week before confirming a Hammer reversal higher and holding it to close. The RSI on...

LeapFrog Enterprises (LF) is one to put on your radar before it jumps higher. From the daily chart below it has bounced off of a double bottom at 8.18 and now testing resistance at 9.45 above. Will it...

Just because you can draw a neckline doesn’t mean it is a Head and Shoulders Pattern. Many are asking if this chart below of iShares Barclays 20+ Year Treasury Bond Fund (TLT) is a Head and...

In this election season there has been a lot of discussion about small business and the uncertainties they face. There are a few of these small companies in the Independent Oil and Gas space that have...

Yes we have ZIRP (Zero interest rate policy) going on forever and QEvermore to prop up stocks. But if the broad market is being pumped up what could be better than betting on the casinos! As it turns...

Last month in this space my Monthly Macro Review/Preview had the monthly outlook suggesting the upside for Gold (GLD), Crude Oil (USO) and US Treasurys (TLT) would continue while the US Dollar Index...