Trading Places with Tom Bowley January 31, 2019 at 09:00 AM
Market Recap for Wednesday, January 30, 2019 Wall Street had much to digest yesterday. There was fresh jobs data as the January ADP employment report was released. The news was much better than anticipated. There was the Apple (AAPL) earnings report from Tuesday evening... Read More
Trading Places with Tom Bowley January 30, 2019 at 09:00 AM
Market Recap for Tuesday, January 29, 2019 It was a bifurcated and trying day on Wall Street. Bifurcation isn't necessarily a bad thing as some indices will simply outperform others on certain days and short-term trends in that regard can mostly be ignored... Read More
Trading Places with Tom Bowley January 29, 2019 at 09:00 AM
Market Recap for Monday, January 28, 2019 It seemed like the bears let a perfect opportunity slip right through their fingers yesterday. Caterpillar (CAT, -9.13%) reported their latest quarterly earnings before the bell and they weren't pretty... Read More
Trading Places with Tom Bowley January 28, 2019 at 09:00 AM
Market Recap for Friday, January 25, 2019 Our major indices rallied strongly on Friday, with 9 of 11 sectors rising to support the move. Only two defensive sectors - utilities (XLU, -1.37%) and consumer staples (XLP, -0.40%) failed to participate in the advance... Read More
Trading Places with Tom Bowley January 25, 2019 at 09:00 AM
Market Recap for Thursday, January 24, 2019 Semiconductor stocks ($DJUSSC, +5.10%) soared after a few key earnings reports in the group came in better than expected. Xilinx (XLNX, +18.44%) and Lam Research (LRCX, +15... Read More
Trading Places with Tom Bowley January 24, 2019 at 09:00 AM
Note I'm traveling today so my article will be abbreviated. Market Recap for Wednesday, January 23, 2019 It was a fairly volatile session on Wednesday as U.S. indices opened higher, but quickly fell fairly deep into negative territory before rallying in the afternoon... Read More
Trading Places with Tom Bowley January 23, 2019 at 09:00 AM
Market Recap for Tuesday, January 22, 2019 Energy (XLE, -2.18%), communication services (XLC, -2.07%) and industrials (XLI, -2.07%) all fell more than 2% on Tuesday as Wall Street had its first significant retreat since the day that Apple (AAPL) warned... Read More
Trading Places with Tom Bowley January 22, 2019 at 09:00 AM
Market Recap for Friday, January 18, 2019 Continuing anticipation of a trade deal with China appeared to fuel very solid stock market action on Friday as all of our major indices pushed higher, as did all 11 sectors. The Dow Jones and S&P 500 led the charge, gaining 1.38% and 1... Read More
Trading Places with Tom Bowley January 18, 2019 at 09:00 AM
Market Recap for Thursday, January 17, 2019 Word that the U.S. would ease Chinese tariffs as negotiations wear on helped to reduce stock market stress and resulted in an intraday surge in U.S. equity prices on Thursday afternoon... Read More
Trading Places with Tom Bowley January 17, 2019 at 08:57 AM
Market Recap for Wednesday, January 16, 2019 Late-day selling cut into some of Wall Street's gains, but the bear market rally continued. It's left many wondering whether we're still in a bear market... Read More
Trading Places with Tom Bowley January 16, 2019 at 08:50 AM
Market Recap for Tuesday, January 15, 2019 We saw an across-the-board advance led by healthcare (XLV, +1.80%), communication services (XLC, +1.66%) and technology (XLK, +1.51%). All of our major indices jumped as NASDAQ shares soared by 1.71%. The S&P 500 rose 1.07%... Read More
Trading Places with Tom Bowley January 15, 2019 at 09:00 AM
Market Recap for Monday, January 14, 2019 The losses on Monday were not huge, but there did seem to be selling in most areas of the market. 10 of 11 sectors finished lower as financials (XLF, +0.69%) was the only sector to finish in positive territory... Read More
Trading Places with Tom Bowley January 14, 2019 at 08:46 AM
Market Recap for Friday, January 11, 2019 Healthcare (XLV, +0.33%) and consumer staples (XLP, +0.29%) paced a bifurcated market on Friday as the Russell 2000 eked out a 2 point gain... Read More
Trading Places with Tom Bowley January 11, 2019 at 09:00 AM
Market Recap for Thursday, January 10, 2019 There was both good and bad action on Thursday. Yes, the bulls should be excited as a short-term price and trendline breakdown did not result in panic or a Volatility Index ($VIX) that surged... Read More
Trading Places with Tom Bowley January 10, 2019 at 08:45 AM
Market Recap for Wednesday, January 9, 2019 Crude oil ($WTIC, +5.18%) continued rolling higher on Wednesday, buoyed at least in part from its positive divergence... Read More
Trading Places with Tom Bowley January 09, 2019 at 09:00 AM
Market Recap for Tuesday, January 8, 2019 It was another broad-based rally on Wall Street with 10 of 11 sectors finishing higher. Small caps powered ahead 1.53% to lead the action, but the Dow Jones, S&P 500 and NASDAQ gained 1.09%, 0.97% and 1... Read More
Trading Places with Tom Bowley January 08, 2019 at 08:55 AM
Market Recap for Monday, January 7, 2019 Crude oil prices ($WTIC, +1.17%) rallied on Monday, helping energy (XLE, +1.49%) continue its recent surge, but the day clearly belonged to consumer discretionary stocks (XLY, +2.26%) as retail (XRT, +3... Read More
Trading Places with Tom Bowley January 07, 2019 at 09:07 AM
Market Recap for Friday, January 4, 2019 Friday was a HUGE day for the bulls as nonfarm payrolls came in well ahead of expectations (312,000 vs 180,000), which in no way reflects what the stock market has been saying since Q4 2018 began - that we were heading towards slowing econ... Read More
Trading Places with Tom Bowley January 04, 2019 at 09:00 AM
Market Recap for Thursday, January 3, 2019 Just about every market-related discussion since Wednesday's close has centered around Apple (AAPL, -9.96%)....and for good reason. AAPL is a U.S. stock market icon. Some might argue it is THE icon... Read More
Trading Places with Tom Bowley January 03, 2019 at 09:01 AM
Market Recap for Wednesday, January 2, 2019 On a day filled with hope, as traders rang in the new year on Wall Street, the biggest news came after the market closed as Apple (AAPL) warned regarding its upcoming quarter... Read More
Trading Places with Tom Bowley January 02, 2019 at 09:00 AM
Market Recap for Monday, December 31, 2018 December 2018 was a rough month to end a very difficult Q4. It was very unusual in terms of historical perspective as we're accustomed to seeing mostly solid action in early December followed by a Santa Claus rally into year end... Read More
