Dragonfly Capital

SPY Trends And Influencers March 16, 2019 Last week’s review of the macro market indicators noted heading into March Options Expiration week the equity markets had finally taken a rest and were...

Wednesday the SPDR S&P 500 (SPY) made a major new high, closing above the November 7 high. This is the highest close since October 9, a 5-month closing high. What triggered this? The run from the...

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...

When they start to move it is hard to stop them. Big, weighty with lots of momentum, the transports are the blood of the economy. Flowing over the road, sea and airway they give the pulse of economic...

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...

SPY Trends And Influencers March 9, 2019 As the calendar turned to March, the equity markets continued to roar like a lion and market participants continued to look for reasons to sell. Elsewhere...

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...

The stock market has had a very strong run higher since the Christmas Eve low. But one sector that has done well is of particular interest. It is the Utilities Sector. Utilities are supposed to be...

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...

Akamai Technologies, Ticker: $AKAM Akamai Technologies Inc (NASDAQ:AKAM), started moving lower in June. It made a series of lower highs and lower lows to a bottom at the beginning of the year. Since...

SPY Trends And Influencers March 2, 2019 Last week’s review of the macro market indicators noted heading into the last week of February that equity markets continued to look strong but also...

Biotech stocks are one of the sexy areas of the market. And they are one of the most volatile when dealing with individual company stocks. A failed trial can cut the stock in half overnight, while a...

The U.S. stock market is not the only market to rise with alacrity since the start of the year. The Chinese market has also been going gang busters. In fact the Shanghai Composite is up over 20% from...

Dunkin Brands Group Inc (NASDAQ:DNKN), started higher in April 2018 and reached a top in September. It had a mild drop from there and consolidated in a box for 3 months before another move lower. That...

Alcoa, Ticker: $AA Alcoa (NYSE:AA), moved lower from consolidation in October, finding a bottom in December. Since then it has bounced and consolidated against resistance. it ended the week back at...