Dragonfly Capital

The concept of support and resistance is probably the most misunderstood concept in the stock market. Most think of it as a brick wall for price. That makes it a great place for a reversal trade when...

Back in December 2014, I picked Yahoo (NASDAQ:YHOO) as my long term stock pick of the year. At the time, it was technically ready to break above a 10 year high into a lot of free space, and it was...

Here are the Rest of the Top 10:Abbott Laboratories (NYSE:ABT) Abbott Laboratories has shown steady progress higher since the October market low, with several ‘steps’ along the way. Two...

Last week’s review of the macro market indicators suggested, as the markets head out of June Options Expiration and officially into summer, that equities continued to churn with an upward...

Last week’s review of the macro market indicators suggested, as the markets head out of June Options Expiration and officially into summer, that equities continued to churn with an upward bias....

Plenty of people own stocks. Your mom and dad, grandparents, kids, professional investors, your barber or hairstylist and of course playboy playmates like stock trading Kennedy Summers (above),...

Sometimes you get caught up in the day to day grind and forget to stop and look at the world around you. The stock market equivalent of that is getting caught up in the minutia of Greece or the Fed...

The year is almost halfway over and it is time to check in on some important charts going back to the beginning of the year. One of these is copper. At the beginning of the year copper looked to be in...

Some people think that you should not buy a stock that is overbought. The chart below of the Health Care Select SPDR (ARCA:XLV) is a good example of why that is wrong. By definition a stock becomes...

Baker Hughes (NYSE:BHI) does pretty much anything and everything related to drilling for oil and gas anywhere. They are involved everywhere. That is why they are the ones that count the active rigs....

The Dow Jones Transportation Index was the talk of the investment and trading world a few weeks back. Seems everyone, including those that swear technicals do not make any sense, became an expert,...

Advanced Auto Parts (NYSE:AAP) had a great run higher when the narrative was that people would keep their cars for 20 years in the height of the financial crisis and its nascent recovery. As the...

Here is your Bonus Idea with links to the full Top Ten:UnitedHealth Group (NYSE:UNH), stock has been on fire since the market bottom in March 2009. The entire insurance sector has done great for that...

Here are the rest of the Top 10:Cullen/Frost (NYSE:CFR) Cullen/Frost has been trending higher since coming out of a consolidation over March and April. The last two weeks saw a minor pause and...

Last week’s review of the macro market indicators suggested, heading into June Options Expiration week, that the Equity markets looked weak in general short term.Elsewhere looked for gold...

I am not going to rail against television pundits and anchor that have been fearmongering on the market. Nor will I call out the hordes of negative financial websites that go in search of a reason to...