Dragonfly Capital

Back in November the Death Cross in the S&P 500 was all anyone could talk about. The 50-day SMA crossing down through the 200-day SMA is a top level indicator of a bear market. Except that since...

Honeywell (NYSE:HON) took two step drop, like the market, to a low at the end of December. Since then it rose back higher, breaking over the November peak in February. It continued for 2 more weeks...

Cincinnati Financial), Ticker: $CINF Cincinnati Financial (NASDAQ:CINF) moved steadily higher off of a December low to make a new high at the start of March. It had a shallow pullback from there and...

US Treasuries have been a head scratcher for the past 15 months. Ever since dropping below support in January 2018 they have both show signs of life and death. They have bounced against that support...

Eli Lilly (NYSE:LLY), $LLY, moved out of a sideways consolidation and into a rising channel over the fall. It ran against rising trend resistance into 2019 before breaking that to the upside in...

Lam Research, Ticker: $LRCX Lam Research (NASDAQ:LRCX) started higher Boxing Day. It continued to a top in February and then pulled back to a higher low over the 200-day SMA. It has since returned to...

The Nasdaq 100 has led the markets higher since bottoming Christmas Eve. With an almost steady run higher, it is now within spitting distance of the all-time high from the fall. A 27% move off of the...

Crude oil started to drop in price at the beginning of October. It continued lower to a bottom Christmas Eve, just like the stock market. And since then it has continued to move higher. Tuesday it...

After a strong trend higher from an April 2018 low the S&P 500 topped out at the end of September last year. The price action that followed was very interesting. A quick two-week pullback and then...

Chevron (NYSE:CVX), $CVX, started moving lower in the middle of 2014 as seen on the weekly chart below. The price bottomed out about a year later. Since then it has trended higher with a couple of...

ADP, Ticker: $ADP ADP (NASDAQ:ADP) ran to a bottom on Christmas Eve, like most of the market. From there the stock started higher, slowly at first, until it crossed its 200 day SMA at the end of...

A series of higher highs and higher lows’ this is what defines a trend higher in stock prices and it is exactly what is happening in the Nasdaq 100. Since making a bottom in December, the Index...

Danaher (NYSE:DHR) bounced around in a broad channel until breaking it to the upside in February. It drifted up at first and then gapped higher to a new all-time high. Last week saw it digesting that...

ACADIA Pharmaceuticals, Ticker: $ACAD ACAD stared higher off of the December bottom, pausing when it had returned to the Fall highs. Then two weeks ago it jumped to a higher high before the digestive...

The Chinese stock market has been has been leading the way higher with explosive upside since the beginning of 2019. As the Shanghai Composite is driving higher a funny thing has happened underneath...

Alphabet (NASDAQ:GOOGL), made a top in July and started trailing lower. It continued with a couple of steps to a low at the end of December. Since then it has been moving higher. The entire price...