Trading Places with Tom Bowley

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Fear Remains High As U.S. Market Wobbles

by Tom Bowley

Market Recap for Tuesday, September 29, 2015 We once again saw a bifurcated market - one in which both the Dow Jones and S&P 500 finished in positive territory while both the NASDAQ and Russell 2000 fell... Read More 

Trading Places with Tom Bowley

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Russell 2000 First To Lose August Support

by Tom Bowley

Market Recap for Monday, September 28, 2015 It was another case of the Monday blues. Following the lead in Europe, the U.S. indices gapped lower and continued selling throughout the session with barely a pause... Read More 

Trading Places with Tom Bowley

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September Going Out Like A Bear

by Tom Bowley

Market Recap for Friday, September 25, 2015 Friday looked like two different markets. The Dow Jones gained 113 points, the S&P 500 finished flat and the NASDAQ and Russell 2000 both fell more than 1%. Talk about bifurcation. Crazy... Read More 

Trading Places with Tom Bowley

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The Bulls Aren't Screamin, They're Yellen

by Tom Bowley

Market Recap for Thursday, September 24, 2015 It wasn't so much about what happened during the trading session on Thursday as it was about what happened after it. U.S... Read More 

Trading Places with Tom Bowley

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German DAX Dropping Bearish Bombs On The S&P 500

by Tom Bowley

Market Recap for Wednesday, September 23, 2015 The S&P 500 keeps trying to regain its footing as it watched its German counterpart (DAX) lose August support two days ago and then fail to recapture that support level on Wednesday when it had the opportunity... Read More 

Trading Places with Tom Bowley

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Afternoon Buying Encourages Money From Sidelines

by Tom Bowley

Market Recap for Tuesday, September 22, 2015 Simply put, it's ALWAYS better to see afternoon buying. Despite the late day strength, all 9 sectors finished lower on Tuesday, but most areas finished well off their intraday lows, a positive sign at least for the very near-term... Read More 

Trading Places with Tom Bowley

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Market Skies Looking Quite Ominous

by Tom Bowley

Market Recap for Monday, September 21, 2015 Impulsive selling has been the signature of the past month. Beginning with the August free fall, when the selling has hit, it's hit in a hurry. Monday was a perfect example of why we are not out of the woods just yet... Read More 

Trading Places with Tom Bowley

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Money Rotates To Bonds, Not Good For Stocks

by Tom Bowley

Market Recap for Friday, September 18, 2015 Traders were not thrilled by the Federal Reserve's decision to leave interest rates unchanged as they quickly turned their attention to defensive bonds. The 10 year treasury yield ($TNX), after closing above 2... Read More 

Trading Places with Tom Bowley

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Fed Decision "No Change".....Now Quad Witching Day

by Tom Bowley

Market Recap for Thursday, September 17, 2015 Much ado about nothing. That's my summation of the Fed policy statement. Fed Chair Yellen decided to do nothing as apparently Fed policy is now contingent upon....just about everything... Read More 

Trading Places with Tom Bowley

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It's Federal Reserve Day - What To Look For

by Tom Bowley

Market Recap for Wednesday, September 16, 2015 The bulls continued to piece back together technical conditions on Wednesday ahead of the Fed announcement later today. All sectors finished higher, although it was the outsized gain in energy (XLE) that clearly "fueled" the rally... Read More 

Trading Places with Tom Bowley

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Gravitating Towards Major Resistance Pre-Fed?

by Tom Bowley

Market Recap for Tuesday, September 15, 2015 Fairly light volume continued on Tuesday, but the bulls were in charge throughout the day with the Dow Jones, S&P 500 and Russell 2000 all joining the NASDAQ back above falling 20 day EMAs... Read More 

Trading Places with Tom Bowley

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Quiet Monday Session As Traders Await Fed

by Tom Bowley

Market Recap for Monday, September 14, 2015 It's hard to take too much away from Monday's action. Volume was extremely light with the NASDAQ volume at 1.45 billion shares. It was one of the lightest volume days of the year and the lightest since June 12th when the NASDAQ saw 1... Read More 

Trading Places with Tom Bowley

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What Will The Fed Do?

by Tom Bowley

Market Recap for Friday, September 11, 2015 Utilities and consumer stocks led the market rally on Friday. All sectors finished fractionally higher, except energy and materials... Read More 

Trading Places with Tom Bowley

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Confused? The Market Sure Is!

by Tom Bowley

Market Recap for Thursday, September 10, 2015 I wouldn't view Thursday's action to be bullish as few technical resistance levels were cleared, but the fact there was no follow through to the downside after Wednesday's bearish candlesticks at major resistance was a moral victory f... Read More 

Trading Places with Tom Bowley

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Bears Regain Control, Look Out Below

by Tom Bowley

Market Recap for Wednesday, September 9, 2015 Technical failure after technical failure. Bearish engulfing candles. Dark cloud cover candles. Opens above 20 day EMAs and closes beneath. You name the short-term failure and it probably occurred on a chart somewhere on Wednesday... Read More 

Trading Places with Tom Bowley

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Another Test of Critical Resistance

by Tom Bowley

Market Recap for Tuesday, September 8, 2015 As we've seen often of late, the U.S. equity markets surged at the open but failed to add to those opening gains until the final 90 minutes of trading. At that point, buying resumed and all of our major indices finished on their highs... Read More 

Trading Places with Tom Bowley

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Which Way Is The U.S. Stock Market Headed?

by Tom Bowley

Market Recap for Friday, September 4, 2015 Volatility remains the key for traders. A Volatility Index (VIX) in the 20s and 30s suggests that we not only could wake up to anything, but that we also should expect to see wild swings both higher and lower during the trading day... Read More 

Trading Places with Tom Bowley

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Will We See September 4th Fireworks?

by Tom Bowley

Market Recap for Thursday, September 3, 2015 First, if you're available, be sure to join me at noon EST today for my Trading Places LIVE webinar. It's free and you can register HERE... Read More 

Trading Places with Tom Bowley

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Final 30 Minute Rally Sets Up Thursday Test

by Tom Bowley

Market Recap for Wednesday, September 2, 2015 The bulls did not crumble on Wednesday... Read More 

Trading Places with Tom Bowley

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Island Cluster Reversal Confirmed By Tuesday's Action

by Tom Bowley

Market Recap for Tuesday, September 1, 2015 Off of the significant rally last week, a topping island cluster reversal pattern printed and was confirmed on Tuesday's open... Read More 

Trading Places with Tom Bowley

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Energy Strong But Resistance Prevails On Major Indices

by Tom Bowley

Market Recap for Monday, August 31, 2015 Technical sellers returned on Monday as our major indices approached key resistance areas. The NASDAQ, in particular, had penetrated into its 4800-4900 resistance area and the bulls were initially rebuffed there... Read More