Dragonfly Capital

The whole world is getting hotter. My friend in Singapore noted that the mercury hit 39 degrees Celsius (102 F) yesterday and it is mid-October. The stock market has been hot too. The Dow Jones...

The S&P 500 has steadily marched higher since the election after a nearly 2 year movement in a broad range. Well at least that is one interpretation. The Renko chart below illustrates this point....

Crude Oil is sneaking higher. While you were off watching stocks rise to all-time highs, and vacationing in Europe, Crude Oil made a low in June. Since then it has bounced around a lot but has put...

Here is your Bonus Idea with links to the full Top Ten:Intel (NASDAQ:INTC), has rounded out of a long bottom after the dotcom crash and is now trading at 16 year highs. But that move higher had only...

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:Apache (NYSE:APA), Ticker: $APA Apache, $APA, ran to the downside hard in early August. It found a bottom at the...

Last week’s review of the macro market indicators noted heading into the week the SPY (NYSE:SPY) and iShares Russell 2000 (NYSE:IWM) looked ready to hand over the lead to the QQQ as they took a...

The scene from Monty Python and the Holy Grail reminds me of the US Treasury Bond market. So many are calling it dead but it keeps rising back up. Ending Quantitative Easing couldn’t kill it....

Copper has moved up quite a bit since making a bottom in early 2016. Up over 45% since then, many will say, 'this is old news and you missed the move.' I think they're right. And they're also wrong....

We all remember when the US Dollar Index took off. Well maybe not. It had been moving in a channel for 2 years and was at the bottom of that channel in June of 2016. From that low it meandered a bit...

The fog started rolling in around my home last night and it looks a lot like this as I am writing. The murkiness got me thinking about how hard it is to find clarity when forecasting, especially with...

Here is your Bonus Idea with links to the full Top Ten:Wells Fargo (NYSE:WFC), $WFC, raced higher after the November election gaining 10% in only 2 days. It continued to move higher at a slower pace...

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:Agilent Technologies (NYSE:A), Ticker: $A Agilent Technologies, $A, started higher in December with a move up over...

Last week’s review of the macro market indicators noted as the book closed on the 3rd Quarter, stocks awere driving to new all-time highs and looking very strong. Elsewhere looked for Gold (GLD...

Well our patience has been rewarded. Just 3 days ago we were asking here why the NASDAQ 100 was lagging behind the Russell and S&P. It had just stalled at its prior high and made an intraday...

The Russell 2000 continues to drive higher. Since we noted a few weeks ago that it was waking up, the index has taken control. Like a child full of energy, it has been running full steam ahead for the...

From the market low in 2009 Biotech stock led the way higher like a double helix. A slow move at first off of the 200 week SMA for the Biotech Index ETF (NASDAQ:IBB), that gathered steam into 2013....