Dragonfly Capital

Autodesk Inc (NASDAQ:ADSK) Autodesk, ran higher from August 2013 until peaking in late February. The pullback from there ended near the 200 day SMA and it is just moving out of a base higher. The...

Last week’s review of the macro market indicators suggested, heading into the Memorial Day Weekend, and the official start of ‘work 4 days and then head to the Hamptons’ saw the...

This morning, will see the junior staff and entrepreneurs in the office for a quick few hours. The senior staff will be on the train to the Hamptons or at Costco buying things for the weekend...

ConAgra (NYSE:CAG) crept onto the radar this past weekend and is consolidating nicely ahead of a possible breakout. The chart below shows the tapping against resistance at 31.65 and near the 200 day...

Flipping through some charts last night this came across as a good set up. Trading the German market (iShare MSCI Germany (ARCA:EWG)) against a short position in Gold. The components set up well. Just...

Monday I wrote about how the train stocks were ready to break out here. It happened and I am now long Norfolk Southern Corporation (NYSE:NSC), one of the two names (Kansas City Southern...

‘The Market Cannot Go Any Further Without Participation From the Banks’ – Every PunditYou hear this all the time. Whether it is related to the business cycle or economic cycle or...

I generally avoid trading Gold. It is a useful indicator of possible changes to stock market trends but if full of passionate (read crazy) traders and investors that some people call Gold bugs. Gold...

The transports have been a powerful force over the last 6 months, continuing to make new highs. And within the sector the railroads are chugging along as they move higher. One, Union Pacific...

Here is your Bonus Idea with links to the full Top Ten:CVS Caremark, Ticker: CVSCVS Caremark, (NYSE:CVS), has been in a good trend higher with a few healthy pullbacks along the way. The recent break...

American Electric Power Company Inc (NYSE:AEP) American Electric Power has been moving higher since October. But the recent pullback since late April is finding support and gives a good reward to...

Last week’s review of the macro market indicators suggested, heading into next week the equity markets were becoming bifurcated. Elsewhere looked for Gold to continue in a range along with...

I understand that David Tepper and Leon Cooperman have placed a dark cloud over the markets. I feel sorry for them because neither one of them told anyone to sell anything. Just that we are in a range...

Looking for a good stock set up or if you are in fear mode a ‘place to hide out’ until the dust settles? Well AmerisourceBergen, AmerisourceBergen (NYSE:ABC), looks good on multiple...

The S&P 500 is peaking and about to fall…..or just consolidating. Treasury Bond prices are set to crater……or make another run higher. Crude Oil is ready to fall back...

Dril-Quip Inc (NYSE:DRQ) missed on earnings and fell sharply after the announcement on May 9. The low of the day touched around 99 before closing back over 100, but down 7%.Technically it printed...