Trading Places with Tom Bowley September 28, 2018 at 09:21 AM
Market Recap for Thursday, September 27, 2018 Utilities (XLU, +1.03%) rebounded solidly on Thursday after trending lower most of September. The group appeared to benefit from the failure of the 10 year treasury yield ($TNX) to break out. 3... Read More
Trading Places with Tom Bowley September 27, 2018 at 09:10 AM
Market Recap for Wednesday, September 26, 2018 The FOMC raised its fed funds rate a quarter point at 2pm EST yesterday as expected, but as usual, it's not what the Fed does, it's what it says... Read More
Trading Places with Tom Bowley September 26, 2018 at 08:58 AM
Market Recap for Tuesday, September 25, 2018 Almost. That's the word that came to mind while watching energy stocks into the close on Tuesday... Read More
Trading Places with Tom Bowley September 25, 2018 at 08:34 AM
Market Recap for Monday, September 24, 2018 Energy (XLE, +1.46%) had a very strong day on Monday, helping to offset what was otherwise a rather poor day for U.S. equities. Technology (XLK, +0.50%) was aided by its four key components - computer hardware ($DJUSCR, +1... Read More
Trading Places with Tom Bowley September 24, 2018 at 09:09 AM
Market Recap for Friday, September 21, 2018 Bifurcation was once again apparent on Wall Street to close out last week. The Dow Jones was able to finish higher and extend its trek into record high territory, while the S&P 500 was essentially flat... Read More
Trading Places with Tom Bowley September 21, 2018 at 09:00 AM
Market Recap for Thursday, September 20, 2018 Dow Jones, welcome to the party! It's been eight months since the Dow Jones could say it closed in record all-time high territory, but that's what happened at yesterday's close... Read More
Trading Places with Tom Bowley September 20, 2018 at 08:52 AM
Market Recap for Wednesday, September 19, 2018 The biggest news stories technically-speaking yesterday were the breakout in financials (XLF, +1.70%) and the rising 10 year treasury yield ($TNX), which closed at 3.08% and is just 3 basis points from testing a 7 year high... Read More
Trading Places with Tom Bowley September 19, 2018 at 08:46 AM
Market Recap for Tuesday, September 18, 2018 It was a solid day on Wall Street. One day after seeing weakness in key areas like technology, consumer discretionary and tranportation stocks and the increasing historical likelihood of further downside action, stocks rebounded...... Read More
Trading Places with Tom Bowley September 18, 2018 at 08:51 AM
Market Recap for Monday, September 17, 2018 Selling in technology (XLK, -1.25%) and consumer discretionary (XLY, -1.24%) resulted in losses across our major indices on Monday. The NASDAQ, understandably, felt the brunt of the selling as this tech-laden index dropped 1.43%... Read More
Trading Places with Tom Bowley September 17, 2018 at 09:08 AM
Market Recap for Friday, September 14, 2018 The NASDAQ struggled on Friday, while the Dow Jones and S&P 500 managed to finish with slight, fractional gains. The Russell 2000 was the clear outperformer, a bullish development as the U.S... Read More
Trading Places with Tom Bowley September 14, 2018 at 09:00 AM
Market Recap for Thursday, September 13, 2018 Thursday was a strong day for U.S. equities aside from lackluster performance from small caps (Russell 2000). The NASDAQ led the rally, gaining 0... Read More
Trading Places with Tom Bowley September 13, 2018 at 09:00 AM
Market Recap for Wednesday, September 12, 2018 It was a day of bifurcation as it's difficult to sustain a rally when your two worst sectors are financials (XLF, -0.92%) and technology (XLK, -0.42%)... Read More
Trading Places with Tom Bowley September 12, 2018 at 08:45 AM
Market Recap for Tuesday, September 11, 2018 All of our major indices finished the day higher, although there was little back and forth action. The Dow Jones traded in a 50 point range most of the afternoon. Still, higher is higher... Read More
Trading Places with Tom Bowley September 11, 2018 at 08:56 AM
Special Offer If you would like a copy of my Strong Earnings ChartList, simply follow these steps and I'll send it to you: 1. You MUST be a paid Extra or Pro member of StockCharts.com as that's the only way you can download my ChartList... Read More
Trading Places with Tom Bowley September 10, 2018 at 09:14 AM
Market Recap for Friday, September 7, 2018 U.S. stock indices and most sectors were flat to slightly lower to close out last week. The small cap Russell 2000 was down just 0.08%, while the Dow Jones was the biggest loser, dropping 0.30%. Among sectors, utilities (XLU, -1... Read More
Trading Places with Tom Bowley September 07, 2018 at 09:07 AM
Reminder If you'd like to subscribe to my blog, simply scroll down to the bottom of this article, type in your email address and click the green "Subscribe" button. It's completely FREE, spam-free and the best way to let me know you enjoy my daily blog articles... Read More
Trading Places with Tom Bowley September 06, 2018 at 09:04 AM
Market Recap for Wednesday, September 5, 2018 There were a couple things that stood out to me regarding Wednesday's action. First, the recovery off the intraday low wasn't insignificant. However, the stocks driving most of the recovery were in defensive areas. Utilities (XLU, +1... Read More
Trading Places with Tom Bowley September 05, 2018 at 09:00 AM
Market Recap for Tuesday, September 4, 2018 Our major indices rallied to end the day well off their intraday lows. All did finish in negative territory, however, as healthcare (XLV, -0.80%) and materials (XLB, -0.69%) were the weakest sectors... Read More
Trading Places with Tom Bowley September 04, 2018 at 09:06 AM
Market Recap for Friday, August 31, 2018 Friday's action was underscored by bifurcation. The NASDAQ and small cap Russell 2000 turned in solid gains of +0.26% and +0.48%, respectively, while the Dow Jones ended the day in negative territory. The S&P 500 was essentially flat... Read More
