Trading Places with Tom Bowley

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Medical Equipment Stocks Very Healthy, Watch For Breakout

by Tom Bowley

Market Recap for Wednesday, February 27, 2019 We're seeing how the stock market deals with a bit of adversity with a Volatility Index ($VIX) at 15 vs. when it was in the 20s and 30s... Read More 

Trading Places with Tom Bowley

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Travel & Tourism Stocks Seeking A Boost From Booking Holdings

by Tom Bowley

Market Recap for Tuesday, February 26, 2019 In what has become a rarity in 2019, all of our major indices finished in negative territory on Tuesday, but it wasn't without a fight... Read More 

Trading Places with Tom Bowley

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Monday's Reversal Sets U.S. Equities Up For Selling

by Tom Bowley

Market Recap for Monday, February 25, 2019 If you looked at the final numbers yesterday, you'd probably think it was just another day in this two-month long advance, but it wasn't just another day... Read More 

Trading Places with Tom Bowley

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Software And Telecom Lead Technology March Higher

by Tom Bowley

Market Recap for Friday, February 22, 2019 Software stocks ($DJUSSW, +1.44%) continued their impressive dash higher, eclipsing their October high to enter all-time high territory. It was a significant breakout as the DJUSSW has been a relative leader for a long, long time... Read More 

Trading Places with Tom Bowley

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Discretionary Stocks Poised For A Bullish Explosion

by Tom Bowley

Market Recap for Thursday, February 21, 2019 U.S. stocks stalled on Thursday, but a minimum of sideways consolidation this week was to be expected given 60 minute negative divergences that I discussed earlier in the week... Read More 

Trading Places with Tom Bowley

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A Commodity Bottom? There's Not One In Sight

by Tom Bowley

Market Recap for Tuesday, February 19, 2019 We saw a bit of intraday back and forth action on Wednesday with the same result - another Wall Street gain. I'm really surprised we haven't seen more selling this week... Read More 

Trading Places with Tom Bowley

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U.S. Equities Approach Key Resistance, Expect A Battle

by Tom Bowley

Market Recap for Tuesday, February 19, 2019 Materials (XLB, +0.62%) and utilities (XLU, +0.59%) led another Wall Street rally on Tuesday, although our major indices did see a bit of selling into the close. The XLB and XLU benefited from a falling dollar ($USD, -0... Read More 

Trading Places with Tom Bowley

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T-Mobile (TMUS) Breaks Out, Dialed-In For Spring Ka-Ching!

by Tom Bowley

Market Recap for Friday, February 15, 2019 Friday produced very solid gains as the U.S. government averted a second shutdown as a funding resolution was passed... Read More 

Trading Places with Tom Bowley

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Turn Off CNBC And Turn On StockCharts TV

by Tom Bowley

Market Recap for Thursday, February 14, 2019 Real estate (XLRE, +0.38%) and communications services (XLC, +0.37%) were the leaders yesterday as Wall Street staged a rally attempt after dealing with an early blow - a very weak December retail sales report... Read More 

Trading Places with Tom Bowley

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For Now, Small Is Better

by Tom Bowley

Market Recap for Wednesday, February 13, 2019 The stock market is beginning to exhibit a bit of the borishness that accompanies bull market advances. The Volatility Index ($VIX) remaining below 16 is confirming the reduced level of fear... Read More 

Trading Places with Tom Bowley

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Finding Stocks To Achieve Your Goals

by Tom Bowley

Market Recap for Tuesday, February 12, 2019 Another government shutdown was averted and the U.S. stock market reacted quite favorably, as you might expect, with all of our major indices surging higher. Our major indices had quite a day: Dow Jones: +1.49% S&P 500: +1... Read More 

Trading Places with Tom Bowley

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Time To Place Your Spring Hotel Reservation?

by Tom Bowley

Market Recap for Monday, February 11, 2019 Industrials (XLI, +0.53%), energy (XLE, +0.48%) and financials (XLF, +0.31%) were Monday's leaders as bifurcated action was once again present. The clear index leader was the small cap Russell 2000 index (+0... Read More 

Trading Places with Tom Bowley

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Bank Of America Looks Like A Winner

by Tom Bowley

Market Recap for Friday, February 8, 2019 Friday was a solid day for the bulls. It wasn't because we saw large gains, because we didn't. In fact, it was bifurcated action where the S&P 500, NASDAQ and Russell 2000 barely closed higher with gains of 0.07%, 0.14% and 0... Read More 

Trading Places with Tom Bowley

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Negative Divergences Stymie Advance

by Tom Bowley

Market Recap for Thursday, February 7, 2019 The bears have been waiting for a day like yesterday, which featured a bit of impulsive selling and an accelerating Volatility Index ($VIX)... Read More 

Trading Places with Tom Bowley

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Restaurants Remain A Fan Favorite

by Tom Bowley

Market Recap for Wednesday, February 6, 2019 All of our major indices closed lower on Wednesday and we haven't seen that very often in 2019. The losses were minimal and traders continued to have an appetite for the riskier sectors, so it certainly wasn't a huge win for the bears... Read More 

Trading Places with Tom Bowley

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Evaluating Energy And Renewable Energy

by Tom Bowley

Market Recap for Tuesday, February 5, 2019 Tuesday was Groundhog Day for those that have seen the movie starring Bill Murray. It was a repeat of what we've seen throughout earnings season... Read More 

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Looking At The Dollar And Defense

by Tom Bowley

Market Recap for Monday, February 4, 2019 Technology (XLK, +1.60%) led another broad-based rally on Wall Street Monday as all of our major indices closed higher. There was particularly strong action on the aggressive NASDAQ and Russell 2000 as they gained 1.15% and 1... Read More 

Trading Places with Tom Bowley

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Amazon Slammed But Fails To Trigger Panicked Selling

by Tom Bowley

Market Recap for Friday, February 1, 2019 I'm sure I wasn't the only one thinking that the market was doomed on Friday after Amazon.com (AMZN, -5.38%) disappointed traders with its outlook during Thursday's after hours trading... Read More 

Trading Places with Tom Bowley

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Bond Market Issues Major Warning

by Tom Bowley

Market Recap for Thursday, January 31, 2019 Wall Street surged again on Thursday, buoyed by additional strong earnings reports and surprisingly strong forecasts by a couple of influential names. Facebook (FB, +10.82%) and General Electric (GE, +11... Read More