Dragonfly Capital

A weekly excerpt from the Macro Review analysis sent to subscribers on 10 markets and two timeframes.Last week’s review of the macro market indicators noted heading into the last days of...

Bank of America (NYSE:BAC), Ticker: $BACBank of America, $BAC, saw its 50, 100 and 200 day SMA’s come together in September and then the stock took off to the upside. It met resistance 2 weeks...

Copper caught the attention of many short-term traders in October when it started higher off of a year-long bottom. It had a monster month, moving up 25% when the dust settled. The industrial metal...

World markets have been blazing but some moving faster than others. And there are some places like Spain where the political drama may be keep investors appetite at bay. Catalonia’s Declaration...

The Nasdaq 100 broke out of a Diamond shaped consolidation range in June of 2016. Since then it seems to have done nothing but race higher. So far it has racked up a 1700 point gain since then, almost...

The Transportation sector has been steadily rising since August. That is until it made a new all-time high at the end of September and stalled. Since then it has entered a consolidation phase....

Here is your Bonus Idea with links to the full Top Ten:CME Group (NASDAQ:CME), $CME, has had several short term consolidations, followed by a small break out and then retracement. In a broader context...

Altaba Inc (NASDAQ:AABA)Altaba, $AABA, has quietly run higher all year off of a low in December. It moved above the tight 20, 50, 200 day SMA’s (often a point of inflection) in January and rode...

Last week’s review of the macro market indicators noted with October Options Expiration in the rearview mirror that equities had pushed through the first 20 days of October looking very strong....

Much has been said about the stock-to-bond ratio. It has been recognized as a barometer of risk acceptance. As the pendulum swings from placing money in bonds to putting it to work in stocks the...

It is all the rage to short the Japanese market this week. And with the Nikkei at record levels and momentum extremely overbought who can blame those who seek to blow up their accounts on a daily...

Last week here I noted how Crude Oil was sneaking to the upside and nearing a break out. It immediately pulled back then of course to spite me. But the pullback was very shallow, only to its 20 day...

The US dollar has been mired in a downturn since the beginning of the year. The move to the upside right after the November election was short lived. It has now lost the entire move higher and then...

Here is your Bonus Idea with links to the full Top Ten:Salesforce.com (NYSE:CRM), started higher at the beginning of 2017, crossing its 200 day SMA at the end of January. It paused and fell back to...

Allstate Corporation (NYSE:ALL) Allstate, $ALL, had a straight run higher from the election in November until August. It pulled back to its 50 day SMA then and has recovered since. Last week it pushed...

Last week’s review of the macro market indicators noted heading into October Options Expiration, that equity markets were all at record highs and looking strong. Elsewhere looked for Gold to...