Dragonfly Capital

I have spotted a lot of potential Head and Shoulders patterns in the broad market and individual names the past couple of weeks. If you are not familiar with it a definition can be found in...

Here is your Bonus Idea with links to the full Top Ten:Chevron (NYSE:CVX), made a high under 120 at the start of the year. It pulled back from there, finding support at the beginning of June. It has...

Citigroup (NYSE:C)Citigroup, $C, moved higher out of a symmetrical triangle in May, reaching the target move in early July. It pulled back from there to a higher low and then reversed up. Friday it...

Last week’s review of the macro market indicators noted as the last full week of July ended and the markets looked to face the dog days of August, equity markets had been knocked back by an...

Your first job as a trader, money manager or caretaker of your 401k is risk management. Without proper risk management there is no money left to take care of. I have already discussed several aspects...

The worst sell off of the year has brought the S&P 500 all the way back to its 20 day SMA. It has retraced a mere 36 points of its move out of the election low. Yet sentiment readings like the...

Ask a quantitative analyst or technician what VWAP is and they will rocket back a response. Volume Weighted Average Price. It is truly as simple as taking every trade and summing up the product of all...

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:Agrium Inc (NYSE:AGU) Agrium, $AGU, printed a Tweezers Top in January and then ran lower. It slowed in March and...

Last week’s review of the macro market indicators noted with July Options Expiry and 1 full week of earnings behind them, the Index ETF’s were looking strong and ready to move higher....

How many times have we been here before? The market is about to crash! Get out now! Even Howard Marks is telling you to get cautious. Every time over the past 8 years has been wrong. So why is it...

The Krakatoa eruption August 27th 1883 may have been the first time that the Emerging Markets had erupted. Back then it was known as the day the world exploded. Everyone knew where Indonesia was after...

It is all but forgotten that this time 3 years ago the US Dollar Index rose from a base at 80 up to near 100 at the end of 2014. Maybe that is because it stayed in a tight range for 2 years after...

When you trade do you use your gut? Do you seek advice and follow it? Do you buy whatever they are talking about on TV? Or do you have a process? A system? They say that the most important criteria to...

Here is your Bonus Idea with links to the full Top Ten:Ctripcom International Ltd (NASDAQ:CTRP), has been moving higher since coming out of a base in February. Then it pushed over the 50 and 20 day...

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:CME Group Inc (NASDAQ:CME) CME, $CME, ran higher after the November election, but then met resistance in December....

Last week’s review of the macro market indicators noted heading into July options expiration and the height of summer earnings, the equity markets were looking very strong. Elsewhere looked for...