Dragonfly Capital

Gold has been on a tear since July. At the start it was just another bounce in a mainly sideways motion. But that changed at the end of August when it broke that sideways range to the upside and held...

Funny, huh? Yet round numbers do tend to scare investors. Like when we all thought the year 2000 was going to be significant, because we live in a base ten world our minds become excited when we see...

The S&P 500 and the NASDAQ 100 are making new highs, and dancing around round numbers. For the S&P 500 it is 2500. A magic number that has been discussed as a target for many traders for a...

Back in the 1970’s, The Jefferson’s depicted the life of an African American couple that had made it, in a sitcom format. They had moved to the Upper East Side in Manhattan. This...

Here is your Bonus Idea with links to the full Top Ten:Northrup Grumman, $NOC, has been soaring in 2017. And since it crossed the 50 day SMA in April it has done nothing but move higher. Last week it...

Agrium Inc (NYSE:AGU)Agrium, $AGU, made a Tweezers Top in January and then started to move lower. It found a bottom in May in the middle of a broad consolidation that did not end until July. A fast...

Last week’s review of the macro market indicators noted heading into the Labor Day shortened week equities were looking stronger led by the QQQ. Elsewhere looked for gold (GLD (NYSE:GLD)) to...

The US Dollar Index was flat for most of 2014 until it started to rise in July. That continued through the rest of the year and into early 2015. The remainder of 2015 and all of 2016 then saw the...

Crude oil has been the subject of much discussion the last 6 months. First it was over OPEC and quotas. Would they come to agreement (yes) and would everyone cheat and produce more than their quota...

I know, I know, you have heard it many times before. Whether from the television or noted pundits, you are bombarded by media urging you to buy gold. At times it has gotten so inundating that I have...

Here is your Bonus Idea with links to the full Top Ten:Jabil Circuit Inc (NYSE:JBL), made a bottom in May 2016 and started higher It broke over its 200 day SMA in August and consolidated for nearly...

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:American International Group Inc (NYSE:AIG) AIG, $AIG, started higher in April. It stalled in June for a month and...

Last week’s review of the macro market indicators noted with Jackson Hole behind, that the markets were looking ahead to the Labor Day weekend at the end of the week with the equity markets...

What a way to slide into Labor Day weekend and that last gasp of summer feeling. The Nasdaq 100 closed out August at all-time highs. It has gained nearly 500% since the 2009 low. The...

Labor Day Weekend is right around the corner, the unofficial end of summer. So you still have time for one more road trip. Pack up the family in the car and get out on the road. Those of us with young...

Last week I noted here that the US Dollar was on the edge of a critical breakdown. The end result of the analysis was that there was a critical range between 92.50 and 94 for the Dollar Index, and a...