Dragonfly Capital

Last week’s review of the macro market indicators which heading into the first full week of April saw the equity indexes looked strong and ready to make another leg higher. Elsewhere looked for...

Last week’s review of the macro market indicators heading into the first full week of April saw the equity indexes looking strong and ready to make another leg higher. Elsewhere looked for gold...

Just before the Friday open I noted that the embedded cup-and-handle patterns in the Energy ETF (NYSE:XLE) pointed to a potential huge. The trigger occurred shortly after the open. At that point one...

Oil and Energy stocks have been an obsession of the market since oil started falling. It is no wonder, as some of these stocks have fallen 70% or 80% or 90%. Everyone wants to be there when they turn...

The S&P 500 has been on a tear the last 6 weeks. The SPDR S&P 500 ETF (NYSE:SPY) rose over 14% from a low February 11th to last Friday’s close. I had been talking about the...

Traders and investors have such high hopes for a turn around in the Biotech sector (via iShares Nasdaq Biotechnology (NASDAQ:IBB)) that even a bottoming process gets major attention. The talk the last...

FedEx (NYSE:FDX) fell out of a rising wedge pattern at the start of December, finally landing more than 25% lower in mid January. From that bottom the price rose to consolidation under the 100-day...

TD Ameritrade (NASDAQ:AMTD)TD Ameritrade fell hard with the market to start the year. It found support into early February as volume ramped up and them fell back. Since mid February it has been...

The Transportation Index (NYSE:IYT) is a barometer of economic activity and the strength of the market for many. Dow Theorists use it as a signal along with the Industrials of bull or bear market...

After Easter dinner we had a lot of left overs. There were 11 of us at dinner and we barely made a dent in the smoked salmon appetizer, lamb, potatoes and green beans. So what did we do? We open the...

Here is your Bonus Idea with links to the full Top Ten:Amazon (NASDAQ:AMZN), had a strong fall of 2015, rising from consolidation to a high near 700 at year end. But that entire move was wiped out in...

Here are the rest of the Top 10 Trade Ideas:Abbott Laboratories (NYSE:ABT) Abbott Laboratories, ABT, started a move lower to begin 2016 and continued for a month. It found a bottom at the end of...

Last week’s review of the macro market indicators saw the equity indexes looking strong. Elsewhere looked for gold to continue higher along with crude oil. Both showed risk of a short-term...

There has been a lot of rhetoric lately about interest rates and the US dollar. One week rates are going to rise, so the dollar will strengthen. The next week data suggests that there is no need to...

We are closing in on Spring break here in North East Ohio, and I am jonesing for a roadtrip. Unfortunately the wife is tied up (not literally) so it will just be me and the kids. The whole planning...

Not so fast! While many traders have already been riding the gravy train in silver, you might call me late to the game. And if you look at the price action over the last 12 months, that is a fair...