Dragonfly Capital

The last half of the year 2017 was a great one for Copper. Rising from a base, this base metal ran higher for for 4 months to a top in late August. A couple of pullbacks and reversals higher later and...

Last week’s review of the macro market indicators noted with July options expiration behind the equity markets continued to look strong, holding at key levels into the heart of earnings season....

Twitter (NYSE:TWTR) started moving higher out of a flat base in November. It gapped up in February and then continued to a high in March. The pullback from there found support at the 100 day SMA after...

The last 2 months have been a rough and tumble life for Crude Oil. With a break of rising support it hit its 100 day SMA for the first time since September, It settled there for a couple of weeks,...

Remember when the Russell 2000 broke out to the upside in May. It looked like the future path was high and small caps would lead the way again. But then it hit resistance at the big round number 1700...

Not everyone is a day trader. Even those that sit and watch screens every day all day long need a break. And a different perspective. Renko charts can give that. Kind of a combination of Point and...

Here is your Bonus Idea with links to the full Top Ten:Bank of America (NYSE:BAC) started higher in September, breaking over consolidation at the end of the month. It continued higher to a top at the...

Donaldson Company Inc (NYSE:DCI) Donaldson, DCI, moved lower form a top in January. After a short bounce it found support at the beginning of April. It consolidated there until starting higher in May....

Last week’s review of the macro market indicators noted that heading into July options expiration week there had been a shift in short term leadership in the equity markets back to the...

Wait, not that Russell. After the 4th of July all of the Indexes and their ETF’s started to move higher. By Monday July 9th the S&P 500 ETF (SPY) was testing the June highs, the NASDAQ100...

Gold has had a rough 2018. Oh, it started out looking good. A move from a December low to a high in January had added over 10$=% to the price per ounce. But then it stalled there. Not an issue at...

The US Dollar Index has had bumpy path since the last Presidential election. There was an initial spike that brought it up over 6% in the first 6 weeks. But then it started moving lower, at first in a...

Crude Oil had a great start to the beginning of the year. From a February low under $60 it rose to a top in May near $73 per barrel. It rose in a channel and from that May top started to pullback to...

Here is your Bonus Idea with links to the full Top Ten:Walmart (NYSE:WMT), $WMT, started to move higher in October last year with a gap up. A second gap in November led to a consolidation before it...

Adobe Systems (NASDAQ:ADBE) Adobe Systems moved higher out of consolidation in May to a top in June. It pulled back to the 50 day SMA and then reversed higher at the end of the month. It is now at the...

Last week’s review of the macro market indicators noted with the 4th of July behind, slow holiday trading had begun and it seemed to be good for equities so far. Elsewhere looked for Gold...