Dragonfly Capital What the Charts are Saying about the Market

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  • Wheat for Breakfast
    Posted by Greg Harmon on November 21st, 2014 at 8:00 am

    Share on StockTwits The chart for wheat has looked like many commodity charts lately. Promising but in the end not delivering. Maybe it is the […]

  • Watching the Cup and Handle in Hewlett-Packard
    Posted by Greg Harmon on November 20th, 2014 at 3:00 pm

    Share on StockTwits It seems that CEO Meg Whitman must be a tea drinker. I say this because when I look at the weekly chart […]

  • Spotting Sharks in Corn & Oil
    Posted by Greg Harmon on November 20th, 2014 at 7:50 am

    Share on StockTwits The sight of sharks in a corn field brings to mind the new cult movie Sharknado. How else but in fun fiction […]

  • Positioning to Buy Disney on a Dip
    Posted by Greg Harmon on November 19th, 2014 at 3:25 pm

    Share on StockTwits Seems like every other day the market makes a new high, but with some kind of divergence or lack of breadth. Something […]

  • The Dollar Is Recuperating
    Posted by Greg Harmon on November 19th, 2014 at 7:50 am

    Share on StockTwits A couple of weeks ago it looked like the US Dollar Index ($UUP) was ready to move up and continue its trend […]

  • Deckers Outdoor, a Chart with Some Much Goodness
    Posted by Greg Harmon on November 18th, 2014 at 2:18 pm

    Share on StockTwits Start off with the world’s best quarterback selling your slippers and maybe you do not need anymore. But the chart of Decker’s […]

  • Updating the SOX: Pausing Where You’d Expect, Move Along
    Posted by Greg Harmon on November 18th, 2014 at 7:44 am

    Share on StockTwits In September I took a look at the Philadelphia Semiconductor Index, SOX ($SOXX). Back then I noted that nested Inverse Head and […]

  • Market Pro Gartley: Short Dupont
    Posted by Greg Harmon on November 17th, 2014 at 2:44 pm

    Share on StockTwits It is not often in a bull market when a strong bearish call gets made. Well actually that is not true. Market […]

  • Top Trade Ideas for the Week November 17, 2014: Bonus Idea
    Posted by Greg Harmon on November 17th, 2014 at 8:00 am

    Share on StockTwits Here is your Bonus Idea with links to the full Top Ten: General Electric, Ticker: $GE General Electric, $GE, is believed to […]

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  • Gregory W. Harmon CMT, CFA, has traded since 1986 and held senior positions including Head of Global Trading, Head of Product Development, Head of Strategy and Director of Equity. (More)

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