Dragonfly Capital

Heading into the last week of January, equities took a pause but remained in their uptrends. The also remained short of declaring that the correction was over. Elsewhere looked for Gold (GLD) to pause...

Crude Oil fell with the stock market in October. It continued to move down to a bottom in December on Christmas Eve and then bounced. Crude Oil has been acting just like a stock. That correlation may...

The U.S. dollar has been holding strong in a broad range for nearly 9 months. Measured via the U.S. Dollar Index it has held between 93 and 98 since May 2018. It has been rock solid. And even though...

I have often described gold as nothing more than a shiny yellow rock. From a functionality perspective I still believe this. But that rock does have a lot of history attached to it. And that history,...

Investing in Emerging Markets has been a hot topic lately. This after a year long decline in 2018 that saw the Emerging Markets ETF drop over 25%. Is it just a reversion to the mean trade? For some it...

JP Morgan (JPM)JPMorgan Chase & Co (NYSE:JPM) made a high in February last year and then pulled back to a support zone in July. That brought the price under the 200 day SMA as well. It bounced...

Bluebird Bio, Ticker: $BLUE Bluebird Bio (NASDAQ:BLUE), $BLUE, started moving lower in March. In June it dropped under the 200 day SMA and since then it has spent most of its life living under the 50...

Last week’s review of the macro market indicators noted with January Options Expiration behind and a long weekend ahead equity markets continued to recover and were looking strong. Elsewhere...

The price of coffee is looking to turn. The chart of the coffee exchange trade note below paints the picture. After a drop from a double top in May 2018 coffee bottomed in September. It bounced from...

Remember the warm up drills you would do in gym class as a kid or before a game. Touch and Go’s we called them. Run from the baseline to mid court and touch the line reverse and go back to touch...

McDonald’s (NYSE:MCD) moved up out of consolidation in August, stalling at a new all-time high in November. It pulled back quickly from there, finding support as it closed a gap from October,...

American Express Ticker: $AXP American Express Company (NYSE:AXP) had a horrendous December falling from an all-time high at 114 to a low at 89, a 20% drop, in 3 weeks. It has been moving higher since...

Last week’s review of the macro market indicators noted as the first full week of 2019 concluded equities posted a positive follow up to the prior week with some digestion at the end of the...

When equity markets started moving lower in September, the Russell 2000 was leading the way down. Not waiting until the end of the month to start the drop, the Russell continued to a bottom in late...

Emerging Markets) had a tough 2018. They started to fall in January along with the US Equity markets, but unlike the latter, they did not get a mid year rally. They just kept going lower. By June they...

The drop from consolidation that started in December led to the S&P 500 retracing over 50% of the move higher from the 2016 low to the September 2018 high. This fueled the crash-talking,...