Dragonfly Capital

Crude Oil has been on a tear lately. The price moved up to 20 month highs last week and stabilized there. Wednesday saw a collapse though. Falling more that 5%, the sellers were piling on. Is this the...

Trade wars got you down? Business television have you cringing when you turn on the set? Financial news ruining your day while you eat breakfast? Just turn it off then. Better to be happy than to be a...

Here is your Bonus Idea with links to the full Top Ten:Visa Inc (NYSE:V), ran higher all of 2017 and accelerated to a top at the end of January 2018. It consolidated from there in a symmetrical...

Anthem (NYSE:ANTM) Anthem, ANTM, ran higher, peaking at the end of January. It pulled back and then settled into a 5 month consolidation with a slight upward drift. Recently it pulled back from making...

Last week’s review of the macro market indicators noted as the books closed on the 2nd Quarter and we prepared for a holiday shortened 4th of July week, equity markets looked to have run out of...

It is back to the grind, but at lest it is a short tail to the week. The fireworks celebrations Wednesday were incredible, but they are over now. You will have to wait until next year for that...

Remember when inflation fears were a thing? Commodity prices were rising and we were debating whether the FOMC would raise rates 3 or 4 times in 2018? That was fun wasn’t it? Copper prices had...

The small cap Russell 2000 Index broke out of its stagnation in May. It ran to the upside into late June and then became exhausted. After 14 record closing highs it topped out on the last full day of...

Here is your Bonus Idea with links to the full Top Ten:NetApp (NASDAQ:NTAP) had a strong run higher following trend support from September 2017 until now. The last 3 weeks it has consolidated against...

Alexion Pharmaceuticals (NASDAQ:ALXN) Alexion Pharmaceuticals, ALXN, pulled back from a top in October finding support in November. It bounced from there to just over the 200 day SMA and then...

Utility stocks have had a tough run for a while. The Utility Sector ETF (XLU) peaked in November, ahead of the broad market and swiftly reversed. It continued down to a bottom in February over 17%...

Crude Oil has had a phenomenal year. Since rising out of the base 12 months ago it is up nearly 70%. But it was also up nearly 70% back in the middle of May. That is when it dropped 10% in 2 weeks,...

I think if I see another story attributing market moves to trade war worries I might gouge my eyes out. Yes there are ongoing negotiations. Negotiations that for the first time are not only out in the...

Here is your Bonus Idea with links to the full Top Ten:Colgate-Palmolive, $CL, started to move lower with a gap down in January. It found support in February and moved mainly sideways for almost 3...

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:Anthem Inc (NYSE:ANTM) Anthem, ANTM, rose to a top at the end of January. It pulled back quickly from there to the...

Last week’s review of the macro market indicators noted with June options expiration and the June FOMC meeting behind it, the market could look forward to slow summer trading and the next...