Dragonfly Capital

Last month in this space my Monthly Macro Review/Preview had the monthly outlook heading into February suggesting the equity markets may see some consolidation or downside. Gold (GLD) continued to be...

Here is your Bonus Idea with links to the full Top Ten:Express Scripts, Ticker: ESRX Express Scripts, (ESRX), made a false breakout of a channel 2 weeks ago and then fell back. Now it is trying to...

Here are the Rest of the Top 10:AFLAC, Ticker: AFLAFLAC (AFL), ended the week on a positive note, with a follow through on Thursday’s small break higher. The Bollinger Bands® are opening...

Last week’s review of the macro market indicators suggested, heading into the last week of February the equity markets had recovered but needed to make new highs to resume the path higher. It...

3M Company (MMM), showed up on the radar in December in Playing 3M Both Ways. It shook out traders with a move higher and then pullback with the market in January. But on a longer weekly timescale it...

That's what the bond market is saying. The chart below shows the the CRB Index (an inflation measure) with the Treasury Inflation Protected Bonds (TIP) as the blue area. The TIP’s are the Bond...

Carbo Ceramics, (CRR), had a long run higher from July into the beginning of November before consolidating at 125. This lasted for a month. And then suddenly the high flyer was dead money and worse,...

With the Polar Vortex in the midwest and weekly named storms riding up the East Coast natural gas (UNG) prices have been soaring. In fact natty gas prices started rising in 2012 before a pause in 2013...

About a month ago I brought your attention to Overstock.com, (OSTK). Technically it had been in a symmetrical triangle ready to resolve.Since then it did resolve. But to the downside. Incidentally,...

Does this chart scare you? I think it scares a lot of traders. Everyone has there own piece they focus on. It might be the failure to hold a new all-time high. It might be the length of the upper...

Isn’t it funny how times change but not really. This time last year I was buying Ford, (F), and rode it for a really great trade before getting stopped out. Now General Motors, (GM), is setting...

FedEx Corporation, (FDX) FedEx, (FDX) had a quick move higher in October and then consolidated in two ranges from mid November until mid January. As it fell back it found support on top of the...

Here are the Rest of the Top 10:AmerisourceBergen, Ticker: ABC AmerisourceBergen, ABC, had a long run higher from September to a consolidation in December before the recent pullback. The bounce higher...

Last week’s review saw equity markets looking strong. Elsewhere it looked for Gold (GLD) to continue in its uptrend while Crude Oil (USO) remained biased higher as it consolidated. The US...

Crude Oil (USO) has had a great run since early January, moving from over 10% on the West Texas Intermediate. The Oil Servicers (OIH) have also done quite well rising about 8%. In fact the Servicers...

The US marketplace follows oil. And when they do traders think of West Texas Intermediate Crude Oil (WTI) (USO). And it has been doing well for long holders lately. But there is another variety, Brent...