Trading Places with Tom Bowley

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Health Care Providers Could Cure Your Portfolio Woes

by Tom Bowley

Market Recap for Wednesday, May 30, 2018 Remember that Tuesday weakness? Yeah, I didn't think so. Poof!!! It took the U.S. stock market all of one day to essentially erase the scars of that Tuesday selling... Read More 

Trading Places with Tom Bowley

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Treasury Yields Tumble Amid European Political Uncertainty

by Tom Bowley

Market Recap for Tuesday, May 29, 2018 Political uncertainties in Italy and Spain rattled global markets on Tuesday, leaving the Dow Jones with a loss of nearly 400 points on the session... Read More 

Trading Places with Tom Bowley

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NASDAQ 100 Subscribes To NFLX And INTC Breakouts

by Tom Bowley

Market Recap for Friday, May 25, 2018 The NASDAQ 100 ($NDX) led the action on Friday and last week, thanks in large part to Netflix (NFLX) and a couple of chipmakers - Intel Corp (INTC) and Micron Technology (MU)... Read More 

Trading Places with Tom Bowley

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Retail Says We're Going Higher.....Much Higher

by Tom Bowley

Market Recap for Thursday, May 24, 2018 The U.S. stock market will be closed on Monday in observance of Memorial Day. Thanks to all of the veterans, current and past, for their service to our country... Read More 

Trading Places with Tom Bowley

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Software, Internet Stocks Bounce Off 20 Day EMAs, Lead Technology Rally

by Tom Bowley

Market Recap for Wednesday, May 23, 2018 Technology (XLK, +0.74%) rallied on Wednesday to move back near two month highs and creep closer to its all-time high close... Read More 

Trading Places with Tom Bowley

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Here's A Seasonal Winner For June And July

by Tom Bowley

Market Recap for Tuesday, May 22, 2018 After early morning strength, Wall Street sellers returned and took their toll on many areas of the market, but most notably energy (XLE, -1.33%) and industrials (XLI, -1.23%)... Read More 

Trading Places with Tom Bowley

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Aerospace, Transports Lead Surge In Industrials

by Tom Bowley

Market Recap for Monday, May 21, 2018 Until recently, the industrials (XLI, +1.51%) had been lagging its aggressive sector counterparts rather badly. That has definitely changed in May and we now have all key sectors with buy signals... Read More 

Trading Places with Tom Bowley

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Monday Trade Setup - Garmin Fills Gap, Looks To Head Higher

by Tom Bowley

Market Recap for Friday, May 18, 2018 Last week ended with plenty of bifurcation. Strength was once again seen across the small cap universe as the S&P 600 SmallCap Index and Russell 2000 both finished the week at all-time high closing levels... Read More 

Trading Places with Tom Bowley

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Energy Has All Guns Blazing, Leads Bifurcated Market

by Tom Bowley

Market Recap for Thursday, May 17, 2018 There's a new sheriff on Wall Street and it's the energy ETF (XLE, +1.51%). Its SCTR has soared to 97.1 with the second best SCTR (XLK - technology ETF) at 86.8. The distance between the two is widening... Read More 

Trading Places with Tom Bowley

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Correlation Suggests This Financial Group Is About To Explode Higher, Get In Early

by Tom Bowley

Market Recap for Wednesday, May 16, 2018 We saw another advance on Wall Street on Wednesday as key indices continue to clear important hurdles... Read More 

Trading Places with Tom Bowley

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The Four Decade-Long Downtrend In Interest Rates Is Over And This Is What It Means

by Tom Bowley

Reminder If you like my daily Trading Places blog articles and you haven't done so already, please subscribe below. It's a great feature that StockCharts.com provides for all of the blogs here, and it's FREE and easy... Read More 

Trading Places with Tom Bowley

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Transports Fail Again At Resistance, Watch Them Closely

by Tom Bowley

Market Recap for Monday, May 14, 2018 It was a day of bifurcated action, although the Dow Jones did manage to close higher for the 8th consecutive trading session, the longest such streak in 2018. One look at sector performance, however, illustrates the mixed action... Read More 

Trading Places with Tom Bowley

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Biotechs Break To Six Week High As Healthcare Advances; Biotechs Poised To Lead Again

by Tom Bowley

Market Recap for Friday, May 11, 2018 Considering the gains that the bulls enjoyed earlier in the week, Friday's end-of-day numbers weren't too shabby. Only the NASDAQ (-2.09 points) lost ground... Read More 

Trading Places with Tom Bowley

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Treasury Yields, Dollar Take Breather; Utilities Rise

by Tom Bowley

Market Recap for Thursday, May 10, 2018 It was a very bullish day on Wall Street. I suppose you could nit pick and point to utilities (XLU, +1.41%) outperforming on an up day, but it's difficult to ignore the solid participation during yesterday's rise... Read More 

Trading Places with Tom Bowley

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S&P Small Caps Close At All-Time High; Falling VIX Says NO To Bear Market

by Tom Bowley

Market Recap for Wednesday, May 9, 2018 Was Wednesday the day that marked the resumption of the 9 year bull market? Some might argue it began with the bottom last week, while others might argue it hasn't begun because the Dow Jones and S&P 500 are lagging badly and nowhere near b... Read More 

Trading Places with Tom Bowley

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Bullish Rotation Continues On Tuesday Despite Flat Market

by Tom Bowley

Market Recap for Tuesday, May 8, 2018 There are days when the stock market seems to go nowhere and are relatively meaningless. Tuesday wasn't one of those days. While the Dow Jones and NASDAQ gained a measly 2.89 and 1... Read More 

Trading Places with Tom Bowley

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Gains Moderate, But Relative Strength Felt In Key Areas

by Tom Bowley

Market Recap for Monday, May 7, 2018 There was plenty of green on Monday, adding to the gains we saw late last week. The only areas of the market that struggled were the defensive consumer staples (XLP, -0.62%) and utilities (XLU, -0.52%)... Read More 

Trading Places with Tom Bowley

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Jobs Come Up Short, But Technology And Consumer Stocks Surge

by Tom Bowley

Market Recap for Friday, May 4, 2018 For many weeks, we've seen the stock market seemingly ignore great earnings news and retreat... Read More 

Trading Places with Tom Bowley

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Banks Lead Reversal Off Major Support And UNH Could Be Ripe For A Strong May

by Tom Bowley

Market Recap for Thursday, May 3, 2018 The Dow Jones was the only major index to finish in positive territory on Thursday, but it could have been so much worse... Read More 

Trading Places with Tom Bowley

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Fed Talks Inflation, Traders Head For The Hills

by Tom Bowley

Market Recap for May 2, 2018 Well, the Fed spoke and Wall Street listened. While there weren't any dire warnings from the Fed about inflation, simply acknowledging that inflation could be returning to its target 2% rate spooked traders for an afternoon... Read More 

Trading Places with Tom Bowley

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Technology Leads Tuesday Turnaround

by Tom Bowley

Market Recap for May 1, 2018 The Dow Jones led the early selling on Tuesday as traders were not impressed with quarterly earnings results from two pharma giants, Pfizer (PFE, -3.31%) and Merck (MRK, -1.51%)... Read More 

Trading Places with Tom Bowley

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S&P 500 Stuck In Trading Range; AAPL, Then Fed, On Deck

by Tom Bowley

Market Recap for Monday, April 30, 2018 Monday was a "rinse and repeat" session from Friday. We opened higher, sold off for 90 minutes, then consolidated the balance of the day. Since Thursday's close, the NASDAQ has fallen 0... Read More