Trading Places with Tom Bowley

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Biotechs And Semiconductors Lead The NASDAQ Charge

by Tom Bowley

Market Recap for Wednesday, August 30, 2017 The U.S. stock market benefited from a lot of the new and a little of the old on Wednesday as the Dow Jones U.S. Biotechnology Index ($DJUSBT) and the Dow Jones U.S... Read More 

Trading Places with Tom Bowley

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Are We Trending Or Trendless? Watch Small Caps For Clues

by Tom Bowley

Market Recap for Tuesday, August 29, 2017 At Tuesday's open, North Korea and its missile test were the talk of Wall Street... Read More 

Trading Places with Tom Bowley

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Biotechs Surge To Lead The NASDAQ Higher

by Tom Bowley

Market Recap for Monday, August 28, 2017 The U.S. market was able to rally a bit in afternoon trading on Monday and most of our major indices finished in positive territory - the Dow Jones was the lone exception as that index of 30 conglomerates fell 5 points... Read More 

Trading Places with Tom Bowley

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Down Channels Are Firmly Established As We Approach September

by Tom Bowley

Market Recap for Friday, August 25, 2017 Selling in the final hour on Friday contributed to bifurcated action where the NASDAQ tumbled into negative territory while the Dow Jones, S&P 500 and Russell 2000 all managed to hang onto meager gains... Read More 

Trading Places with Tom Bowley

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Food And Broadline Retailers Crushed By Amazon.....Again

by Tom Bowley

Reminder You can subscribe to my blog by scrolling to the bottom of the article, typing in your email address and clicking the green "Notify Me!" button. Once subscribed, my articles will be sent directly to your email as soon as Trading Places articles are published... Read More 

Trading Places with Tom Bowley

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Oil Exploration & Production Stocks Rebound But Key Resistance Approaching

by Tom Bowley

Market Recap for Wednesday, August 23, 2017 Industrials (XLI, -0.94%) and consumer discretionary (XLY, -0.85%) led a move lower in U.S. stocks on Wednesday as we approach the gathering of global central bankers in Jackson Hole over the next few days. Energy (XLE, +0... Read More 

Trading Places with Tom Bowley

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Combine Technicals And Seasonality And You Get? A Buy Signal On ULTA

by Tom Bowley

Market Recap for Tuesday, August 22, 2017 All nine sectors advanced on Tuesday to lead a broad-based advance on Wall Street... Read More 

Trading Places with Tom Bowley

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Technology Still Looks Most Vulnerable While Healthcare Remains Strong

by Tom Bowley

Market Recap for Monday, August 21, 2017 Healthcare (XLV, +0.45%) led the market's advance on Monday's total solar eclipse day as money rotated into more defensive areas of the market. Utilities (XLU, +0.37%) and consumer staples (XLP, +0... Read More 

Trading Places with Tom Bowley

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Gold Tops 1300 And Reverses; Equities Close Out Rough Week

by Tom Bowley

Market Recap for Friday, August 21, 2017 Late day selling killed the market's earlier attempt to rebound from Thursday's heavy losses. A market that finishes multiple days in a row weak is a market that requires a renewed buying effort... Read More 

Trading Places with Tom Bowley

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Fear Escalates; Gold Nears Major Breakout

by Tom Bowley

Market Recap for Thursday, August 17, 2017 For now it's just a short-term issue, but money is rotating to defensive areas and fear is rising. The Volatility Index ($VIX) jumped over 32% yesterday to close at its 5th highest level of 2017. The highest close of 16... Read More 

Trading Places with Tom Bowley

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NASDAQ 100 Again Gets Turned Back At Key Resistance

by Tom Bowley

Market Recap for Wednesday, August 16, 2017 All of our major indices finished higher on Wednesday and seven of our nine sectors finished higher as well. The primary laggard on the session? Energy (XLE, -0.96%). Go figure... Read More 

Trading Places with Tom Bowley

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Strong Retail Sales Leads To.....Awful Performance By Retailers. Huh?

by Tom Bowley

Market Recap for Tuesday, August 15, 2017 July retail sales doubled expectations (+0.6% actual vs +0.3% consensus estimate) and we saw the kind of reaction in the bond market that we'd expect with treasury prices tumbling and treasury yields spiking... Read More 

Trading Places with Tom Bowley

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Monday Was A Bullish Kind Of Rebound

by Tom Bowley

Market Recap for Monday, August 14, 2017 When the stock market goes up, I want to see money rotate towards aggressive areas and we definitely saw that on Monday. Technology (XLK, +1.59%), financials (XLF, +1.37%) and industrials (XLI, +1... Read More 

Trading Places with Tom Bowley

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Evaluating The Technical Damage Inflicted On The S&P 500

by Tom Bowley

Market Recap for Friday, August 11, 2017 Here's a fact: The benchmark S&P 500, along with all the major U.S. indices, had a rough week last week. Traders aren't used to weekly declines of more than 1%, yet that's exactly what we got last week. The S&P 500 lost 1... Read More 

Trading Places with Tom Bowley

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Key Support Levels Lost, Futures Weak; How Low Do We Go?

by Tom Bowley

Market Recap for Thursday, August 10, 2017 Technology (XLK, -1.97%) and financials (XLF, -1.78) led a steep selloff in equities on Thursday. It wasn't the worst day of the year for the NASDAQ, but it was pretty close... Read More 

Trading Places with Tom Bowley

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Stocks Recover After Early Drop; Futures Weak Again

by Tom Bowley

Market Recap for Wednesday, August 9, 2017 U.S. equities were under early fire on Wednesday, but there was a steady recovery throughout the balance of the day with little technical damage done by session end... Read More 

Trading Places with Tom Bowley

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Brace Yourselves, The Summertime Doldrums Have Arrived

by Tom Bowley

Reminder If you'd like to receive my blog article each trading day, just as it's published, be sure to scroll down to the bottom of this article, type in your e-mail address and click the "Notify Me" button. It's FREE and you can unsubscribe at any time... Read More 

Trading Places with Tom Bowley

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Leadership Returns To NASDAQ 100; Watch This Key Resistance

by Tom Bowley

Market Recap for Monday, August 7, 2017 There's nothing wrong with the Dow Jones moving to all-time highs for the ninth consecutive trading session... Read More 

Trading Places with Tom Bowley

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Solid Jobs And Treasury Selling Lifts U.S. Equities

by Tom Bowley

Special Note I will be joining John Hopkins, President of EarningsBeats.com, for a special earnings-related webinar that begins at 4:15pm this afternoon, just after the market closes... Read More 

Trading Places with Tom Bowley

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August Means Road Construction Ahead For Truckers; July Jobs Report On Deck

by Tom Bowley

Market Recap for Thursday, August 3, 2017 The Dow Jones was once again able to eke out a meager 9 point gain to establish yet another record closing high, but other indices were unable to keep up. The more aggressive Russell 2000 and NASDAQ fell by 0.54% and 0... Read More 

Trading Places with Tom Bowley

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Consumer Relationship Still Pointing To Higher Prices

by Tom Bowley

Market Recap for Wednesday, August 2, 2017 The action on Wednesday was quite boring once again, despite hundreds of companies reporting their quarterly results... Read More 

Trading Places with Tom Bowley

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It's Make Or Break Time For The Dollar And Gold

by Tom Bowley

Market Recap for Tuesday, August 1, 2017 It was a rather boring day on Wall Street Tuesday, albeit a bullish one, as all of our major indices finished the day higher... Read More 

Trading Places with Tom Bowley

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Financials Lead Dow Jones Rally; Costco Rebounds

by Tom Bowley

Market Recap for Monday, July 31, 2017 The Dow Jones set another all-time high on Monday, rising another 60 points in its lone attempt to carry the bull market to new heights. All of our other major indices fell on Monday despite the renewed strength of financials (XLF, +0.72%)... Read More