Dragonfly Capital

The Semiconductor Index, or SOX, was on fire until recently. It had moved up 50% off of the December low when it broke above 1600 at the end of April. The market was roaring and chip stocks were...

Silver started moving higher in November. And by the end of the year it had crossed above its 200 day SMA. It had not been above that marker since June, when it began a 3 month plunge from a double...

Here is your Bonus Idea with links to the full Top Ten:Merck (NYSE:MRK), $MRK, had a long move higher culminating in a top at the beginning of April. It pulled back hard and fast from there finding...

Anthem (NYSE:ANTM), Ticker: $ANTM Anthem, $ANTM, took a nose dive in April, dropping over 20% in just 4 days before finding footing. The bounce from there reached the 20 day SMA at the end of the...

SPY Trends And Influencers May 18, 2019 Last week’s review of the macro market indicators saw heading into the May options expiration week equity markets had reset lower, but ended the week...

Every investor can tell you about how the S&P 500 made a new all-time high and then pulled back 2 weeks ago. Or how Crude Oil has held steadfast over $60 a barrel throughout the trade fireworks....

The Consumer Staples, tracked by the Select Sector ETF, $XLP, have been a benefactor of the appetite for stocks since late December. The sector has seen a nearly 18% move higher. And unlike the...

A trade war is heating up with China. This has impacted the stock market in both countries. The Chinese Shanghai Composite is off over 6% since the May Day break, while the S&P 500 is off 4%....

Oracle (NYSE:ORCL), $ORCL, pulled back to a low in December at the same level as the June low. Since then it has moved higher. In March it confirmed a double bottom as it consolidated. Then...

Ally Financial, Ticker: $ALLY Ally Financial Inc (NYSE:ALLY) started higher in December and met resistance when it rose over its 200-day SMA. It held there for 2 months before a second move higher...

SPY Trends And Influencers May 11, 2019Last week’s review of the macro market indicators saw with another FOMC meeting in the books and the April employment report behind, equity markets were...

We have reached the end of the week and the Trade Wars still loom large over markets. Equity prices are pulling back in this headline driven world despite a barrage of good earnings reports. We have...

It is that time of year at colleges around the country. Students are taking final exams, packing to go home for the summer. Professors are frantically grading exams to meet deadlines. And inevitably...

Crude oil has had a strong run to start 2019. Rising from a bottom at the end of 2018, it went straight up for 4 months to a top in mid-April. But it has pulled back since. The pullback did not find...

Johnson & Johnson (NYSE:JNJ), $JNJ, was consolidating under resistance for 2 months before breaking out to the upside last week. This gives a target to 154. The RSI is rising and bullish with the...

SPY Trends and Influencers May 4, 2019 Last week’s review of the macro market indicators saw in the last days of April the equity markets remained strong on a longer timeframe and mixed but good...