Dragonfly Capital

Many of you know that I have taken a strong interest in FinTech over the last 2 years, and I am teaching classes in the subject with the help of many friends. From this I am seeing first hand how the...

Citigroup (NYSE:C), $C, made a top in September and then started lower. It paused in November and then continued lower in December. After finding a bottom it built a “V” shaped recovery,...

Agilent Technologies, Ticker: $A Agilent Technologies (NYSE:A), rose off of a bottom in January. It continued to move higher, to a top from late March through early April. It pulled back from there...

SPY Trends And Influencers April 27, 2019 Last week’s review of the macro market indicators saw with April Options Expiration behind, the equity markets held up well and still looked strong....

The US Dollar has largely been sitting on the sidelines watching the stock market take the path higher. Since October the US Dollar Index has traded in a 2 point range between 95.50 and 97.50. Trade...

With a strong move Tuesday, the S&P 500 closed above its previous high from September 20th by almost 3 points. It took 7 months for the full turn around to play out. And once again the Nasdaq 100...

Healthcare stocks made a top in October and then dropped back as the broad market fell. They recovered and were back at their highs at the beginning of December but then had a much worse drop to a...

American Express (NYSE:AXP) was on a tear higher until it made a top in December. The pullback from there was sharp and swift to a bottom at the end of the month. Since then it has moved almost...

Amgen (AMGN) Amgen (NASDAQ:AMGN) appears to have been building a very long top since July last year. Coming into the week it is piercing support with the RSI entering the oversold territory and the...

SPY Trends And Influencers Last week’s review of the macro market indicators saw heading into the shortened pre-Easter week that the equity markets continued to grind higher but remained short...

Gold had been on a tear to the upside. It started in November and continued to a top in February. That move added over 11% to the value of Gold. But it could not extend the gain and left it with a top...

One of the key tenets of Dow Theory is that the primary trend is confirmed when the Industrials and Transports make new highs. Both are close to achieving this, but not quite there yet. The...

Colgate-Palmolive (NYSE:CL) started up out of a double bottom in February. It fell back to retest the break out twice before the current move to higher consolidation. Friday saw the price push over...

Applied Materials), Ticker: $AMAT Applied Materials (NASDAQ:AMAT) started higher out of a bottom in December. It paused as it hit the 200-day SMA and then took another step higher as the 50-day SMA...

SPY Trends And Influencers April 13, 2019 Last week’s review of the macro market indicators saw that as the second quarter started there was no sell-off in equities, rather they gapped higher on...

If you have heard of Leonardo da Pisa then you may already be familiar with the story of how he described the growth of two rabbits into a population and thus presented the Fibonacci sequence. This...