Dragonfly Capital

Two names today one that reports after the close tonight, Nike (NYSE:NKE), $NKE, and one before the open Friday, Constellation Brands (NYSE:STZ), $STZ.Nike, $NKE Nike, $NKE, rose from a December low...

Chemed, Ticker: $CHE Chemed Corp (NYSE:CHE) started to move up out of consolidation at the start of June. It quickly met resistance and pulled back. Last week that reversed and it started back higher,...

SPY Trends And Influencers June 22, 2019 Last week’s review of the macro market indicators saw heading into June options expiration that equity markets took a digestive breather after a strong...

General Electric (NYSE:GE), GE, rose off of a December low following a multi-year decline. The rise ended as it hit the 200 day SMA in February. Since then it has moved sideways under horizontal...

Arch Capital Group, Ticker: $ACGL Arch Capital Group Ltd (NASDAQ:ACGL) ran from a December low to a plateau from March through April. It started higher again in May and is now consolidating that move....

Last week’s review of the macro market indicators saw with the May employment report behind and heading into a light economic news week, the equity markets were looking strong after a fast and...

Honeywell (NYSE:HON) started higher in December and continued to a top at the end of April. Since then it has digested the move, consolidating in a falling channel. The price crossed below the 50 day...

Agilent Technologies Inc, Ticker: $ALL Agilent Technologies Inc (NYSE:A) rose to a top in March and then started moving lower. It paused in April and bounced then retested in May before a gap down. It...

Last week’s review of the macro market indicators saw with five months of 2019 in the books that equity markets had given back half of their gains from the peak at the end of April. Elsewhere...

There is a growing fissure between what data from the market are saying and the perception from the bond market. San Francisco Fed President Mary Daly did a good job of pointing out major instances...

Yum! Brands Inc (NYSE:YUM) broke higher out of consolidation in April and moved to a new all-time high at the end of the month. It gapped down to start May and drifted lower to support at the 50 day...

American Express (AXPZ), Ticker: $AXP American Express (NYSE:AXP) made a top 2 weeks ago after a long run higher from a December low. Friday it closed on the 50 day SMA and at a lower low. The RSI is...

Last week’s review of the macro market indicators saw heading into the unofficial start of Summer, equity markets got kicked in the teeth again but continued to hang on. Elsewhere looked for...

The stock market has everybody’s attention. After a run higher from a December low to a high at the end of April it has been pulling back. Is this the big one? Will trade wars lead to recession...

Aflac (NYSE:AFL) started higher in December and confirmed a double bottom by early January. It continued higher until mid-March and then topped. It consolidated the move for 6 weeks before a second...

Arch Capital Group, Ticker: $ACGL Arch Capital Group Ltd (NASDAQ:ACGL) started higher in December and kept running to a top in March. It paused there and then started up again at the end of April....