Dragonfly Capital

Wells Fargo (NYSE:WFC), made a top in August and started to move lower. It paused into the end of September and consolidated under its 200 day SMA for 2 months. That was followed by another drop, this...

Arconic Inc (NYSE:ARNC) Arconic, $ARNC, started higher off of a base in July. It stalled when it reached the 200 day SMA in September and eventually rolled lower. The drop found support at the prior...

Last week’s review of the macro market indicators noted heading into the first full week of 2019 that equity markets had shown some short term strength but still had a long way to go to claim a...

It started with pants. Guys started to pull them down exposing their underwear. Sagging pants they called it. It became a cultural thing. You saw it everywhere. Stories appeared with kids unable to...

Crude oil completed a full retracement of the move higher from the June 2017 low to the September high on Christmas Eve. Since then there has been nothing but upside. Will it continue?There is a...

The Dow Jones Transportation Index took a shot to the face when FedEx (NYSE:FDX) announced a slow down in December. But this was a secondary punch. It had already started to move lower off of a...

The US Dollar started moving higher at the end of September, the same time the stock market peaked. As it moved into October it was approaching the August highs. It reached and took out that high in...

US Treasury bonds have been the subject of some debate since the Fed announced the end of its bond-buying programs. Rates had to go up, said the Fed. But they have not. Then the Fed started to run off...

Here is your Bonus Idea with links to the full Top Ten:AIG (NYSE:AIG), $AIG, moved sideways in consolidation in a channel for 6 months until dropping out of it in October. It found support by the end...

Last week’s review of the macro market indicators noted that while heading into the December Options Expiration and the last full trading week of the year, equity markets continued to look weak,...

Treasury Bonds have been like a cat with 9 lives. Maybe even more than 9 lives. Every time you think the end of a 30 plus year uptrend in prices is about to end, they befuddle and reverse. Will that...

When the S&P 500 started to move lower from a top at the end of September it was a blip at first. A retest of the January high perhaps. That though was quickly erased as the index dropped to and...

Crude Oil reached a peak at the same time as the stock market, at the end of September. It started lower then, falling to its 200 day SMA over the next 3 weeks and then settling. But that did not last...

McDonald’s (NYSE:MCD) made a top in January and fell back to a low at the beginning of March. It bounced from there, quickly retracing 38.2% of the move lower. It continued to a 61.8%...

Anthem Anthem Inc (NYSE:ANTM) rose out of consolidation in June and has continued to make higher highs and higher lows until last week. Now it is at support, with the RSI pushing toward the bearish...

Last week’s review of the macro market indicators noted that with only 2 full weeks left in the trading year, equities could not shake out of the pullback and some sectors looked as if they...