Trading Places with Tom Bowley

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Real Estate Poised To Bounce After Rough Week

by Tom Bowley

Market Recap for Thursday, June 27, 2019 It was mostly a solid day on Wall Street, except for the late selling that carried the Dow Jones to a slight 10 point loss. The problem child for the Dow Jones was Boeing (BA, -2... Read More 

Trading Places with Tom Bowley

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This Industry Group Is Printing A Handle

by Tom Bowley

Market Recap for Wednesday, June 26, 2019 It was a day of bifurcated action as the NASDAQ was able to cling to a 0.32% gain, but the other major indices fell. Honestly, it felt like a down day on the NASDAQ as well... Read More 

Trading Places with Tom Bowley

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You Just Need To Beware One Week In July

by Tom Bowley

Market Recap for Tuesday, June 25, 2019 Sellers returned to the stock market yesterday as the NASDAQ posted a 1.51% drop, its largest decline since June 3rd. Volatility ($VIX, +6... Read More 

Trading Places with Tom Bowley

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Seasonality Suggests BIDU Could Be Ready To Launch

by Tom Bowley

Market Recap for Monday, June 24, 2019 The U.S. stock market waffled yesterday as the G-20 summit set to begin later this week. We know from history that any time the headlines are littered with US-China trade, we need to be vigilant... Read More 

Trading Places with Tom Bowley

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S&P 500 Flat But Healthcare Showing Relative Strength

by Tom Bowley

Market Recap for Friday, June 21, 2019 The S&P 500 ended Friday's session relatively flat, but had a very solid week as it raced to an all-time high before sellers hit on quad-witching day. As usual, quad-witching day volume was extremely heavy... Read More 

Trading Places with Tom Bowley

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S&P 500 Breaks Record, Crude Oil Surges

by Tom Bowley

Market Recap for Thursday, June 20, 2019 More dovish Fed policy is already having its effects. The anticipation of those changed policies has sent investors around the globe into U.S. treasuries, as yields have dropped precipitously since Q4 2018. But yesterday, U.S... Read More 

Trading Places with Tom Bowley

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Fed Offers Traders Hope, Travel & Tourism Has Big Challenge Ahead

by Tom Bowley

Market Recap for Wednesday, June 19, 2019 Yesterday was Fed day, or Fednesday as one MarketWatchers LIVE viewer said, and U.S. equities liked what the Fed had to say... Read More 

Trading Places with Tom Bowley

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Relative Strength In Two Key Sectors Says All We Need To Know

by Tom Bowley

Market Recap for Tuesday, June 18, 2019 It was a day of rallying global equities, especially in the German DAX ($DAX, +2.03%). The DAX ($DAX) moves more in sync with U.S. equities than any other foreign equity market - in my opinion... Read More 

Trading Places with Tom Bowley

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Autos Back On The Road To Nowhere; Tesla Loves June

by Tom Bowley

Market Recap for Monday, June 17, 2019 Facebook (FB, +4.24%) announced a platform cryptocurrency with a white paper due out today, while Netflix (NFLX, +3.21%) received positive comments from a Piper Jaffray analyst looking for solid results out next month... Read More 

Trading Places with Tom Bowley

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Home Construction Breaks Out As S&P 500 Consolidates

by Tom Bowley

Market Recap for Friday, June 14, 2019 The big news on Friday was Broadcom's (AVGO, -5.57%) quarterly results and outlook, neither of which were particularly good... Read More 

Trading Places with Tom Bowley

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Transports Vs. Utilities Ratio Supports The Bearish Argument

by Tom Bowley

Market Recap for Thursday, June 13, 2019 A nice rally to end the session lifted all of our major indices into the close. The Russell 2000 led on a relative basis, gaining 1.05%. The NASDAQ, S&P 500 and Dow Jones climbed 0.57%, 0.41%, and 0.39%, respectively. Walt Disney (DIS, +4... Read More 

Trading Places with Tom Bowley

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Big Drop In Crude Oil Prices Crush Energy Shares.....Again

by Tom Bowley

Market Recap for Wednesday, June 12, 2019 We ended Wednesday with bifurcated action as the small cap Russell 2000 ($RUT, +0.05%) was able to eke out a tiny gain. The other major indices, however, were not so fortunate with the NASDAQ ($COMPQ, -0... Read More 

Trading Places with Tom Bowley

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Big Reversal May Mark Short-Term Top

by Tom Bowley

Market Recap for Tuesday, June 11, 2019 It wasn't a big down day, but it certainly felt like it. It started off so promising. Right out of the gate, the NASDAQ surged more than 1% in the opening minutes... Read More 

Trading Places with Tom Bowley

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Mergers And Averting Mexico Tariffs Bolsters Stocks

by Tom Bowley

Market Recap for Monday, June 10, 2019 U.S. equities were buoyed by resolution to the 5% Mexico trade tariff announced recently by President Trump to encourage Mexico to slow the pace of illegal immigrants entering the U.S... Read More 

Trading Places with Tom Bowley

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3 Monday Setups To Start The Week

by Tom Bowley

Market Recap for Friday, June 7, 2019 U.S. indices capped off a very solid week with more gains on Friday. The more aggressive NASDAQ trounced the other key indices, climbing 1.66%. The S&P 500, Dow Jones, and Russell 2000 added 1.05%, 1.02%, and 0.72%, respectively... Read More 

Trading Places with Tom Bowley

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Advanced Micro Devices (AMD) Loves June, But What's Going On With Transports?

by Tom Bowley

Market Recap for Thursday, June 6, 2019 It was another solid day on Wall Street as the recent bounce continued. Unfortunately, it was also another day where investors/traders were seeking some safety. It's like ordering pizza, but adding a diet coke to watch your weight... Read More 

Trading Places with Tom Bowley

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Defensive Sectors Power S&P 500 Back Above 20 Day EMA

by Tom Bowley

Market Recap for Wednesday, June 5, 2019 The good news is that the U.S. stock market advanced on Wednesday and that both the Dow Jones (+0.82%) and S&P 500 (+0.82%) were able to clear their respective declining 20 day EMAs... Read More 

Trading Places with Tom Bowley

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An Industry Group To Buy And One To Avoid

by Tom Bowley

Market Recap for Tuesday, June 4, 2019 A big turnaround occurred on Tuesday as many beaten-down stocks and industries from the May drubbing led a market rally. The NASDAQ and Russell 2000 led the rally with gains of 2.65% and 2... Read More 

Trading Places with Tom Bowley

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Late Afternoon Buying Does Little For NASDAQ Shares

by Tom Bowley

Market Recap for Monday, June 3, 2019 I've had lots of positives for software stocks the past few years, but yesterday we saw a rare short-term breakdown that will test the mettle of traders. The Dow Jones U.S. Software Index ($DJUSSW, -3.17%) joined internet stocks ($DJUSNS, -6... Read More 

Trading Places with Tom Bowley

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Don't Gamble On This Industry In June

by Tom Bowley

Market Recap for Friday, May 31, 2019 The U.S. stock market was in no mood for any negative surprises, yet it received one when President Trump slapped a 5% tariff on all products from Mexico (effective June 10th) to try to control illegal immigration... Read More