Dragonfly Capital

The Canadian dollar seems to trade with the weather lately. It fell from a peak in hot sunny July to a bottom in cold snowy February. From there it just sat until mid April when it started rising with...

Technicians talk about consolidations and breakouts, patterns and ratios. It seems like they make it up. But quite often there is reason and truth in the art of technical analysis. One example is in...

Walt Disney Company (NYSE:DIS) has had a solid run higher for over 5 years. The company shows us their latest results Tuesday morning before the market opens. The Estimize consensus is for $1.17 per...

Here is your Bonus Idea with links to the full Top Ten:Blackstone (NYSE:BX), has moved higher in a stair step fashion since bottoming with the market in October. The steps up have been equal in length...

Here are the Rest of the Top 10:Fastenal Company (NASDAQ:FAST) Fastenal pulled back hard in October with the market. It then had an equally fast bounce before settling into a Head ans Shoulders top...

Last week’s review of the macro market indicators suggested, heading into the last week of April, that the equity indexes were looking strong on the weekly timeframes and a bit mixed on the...

Last week’s review of the macro market indicators suggested, heading into the last week of April, that the equity indexes were looking strong on the weekly timeframes and a bit mixed on the...

What an incredible shift in sentiment in just 4 days. I am not talking about sentiment indicators or even things like the put/call ratio. But the shift in what traders and pundits are talking about....

There has been no sign of inflation for 6 years. This despite interest rates at zero for that entire time. This has been one metric that has allowed the Federal Reserve to keep interest rates at zero....

Many of you have been waiting for weeks or months for the S&P 500 to pull back. To fall off the cliff. What is keeping this from happening?There have been some major events the past several weeks....

Here is your Bonus Idea with links to the full Top Ten:Salesforce.com (NYSE:CRM), has been trending higher in a wide channel for at least a year. More recently, the stock price moved off of a bottom...

Here are the Rest of the Top 10:Baker Hughes (NYSE:BHI), Baker Hughes, BHI, was the subject of a longer write up April 1st and it broke higher triggering April 6th. The initial move is consolidating...

Despite the markets remaining near all-time highs, there are many people that are frightened of putting money to work in the S&P 500. It probably comes from an old investing wive’s tale, or...

Earlier today subscribers received this article with how to participate in Amazon (NASDAQ:AMZN) and Starbucks (NASDAQ:SBUX) earnings. I traded Amazon call flys for $2.15 on a variation on trade #3...

About a month ago in this space I noted the relationship between the Chinese market and the price of West Texas Intermediate crude oil. At that point it was clear that the the two assets moved in...

Two names today that report after the close tonight Amgen Inc (NASDAQ:AMGN), and United Rentals Inc (NYSE:URI). Amgen Amgen, has been slowly trending higher, making higher lows. Since December those...