Trading Places with Tom Bowley July 31, 2019 at 09:00 AM
Market Recap for Tuesday, July 30, 2019 For a second straight day, traders opted for safety ahead of today's FOMC policy statement. It was once again apparent in the sector leaderboard, which ended the session on Tuesday as follows: Industrials (XLI, +0... Read More
Trading Places with Tom Bowley July 30, 2019 at 09:00 AM
Market Recap for Monday, July 29, 2019 I am not at all surprised by Wall Street's action on Monday... Read More
Trading Places with Tom Bowley July 29, 2019 at 09:00 AM
Market Recap for Friday, July 26, 2019 Communication services (XLC, +2.86%) exploded higher on Friday, thanks in large part to a blowout quarterly earnings report from Alphabet (GOOGL, +9.62%) after the bell on Thursday... Read More
Trading Places with Tom Bowley July 27, 2019 at 10:29 AM
That is my #1 goal. If I didn't believe I could beat the S&P 500, I'd simply buy the SPY (ETF that tracks the S&P 500) and call it a day. But I know I can beat the S&P 500 performance and you can too. Beginning in November 2018, I created my Model Portfolio... Read More
Trading Places with Tom Bowley July 26, 2019 at 09:00 AM
Market Recap for Thursday, July 25, 2019 Dow Holdings (DOW, -3.83%) and Boeing (BA, -3.69%) weighed on the Dow Jones ($INDU, -0.47%) on Thursday, but this index of conglomerates still managed to outperform its major index counterparts... Read More
Trading Places with Tom Bowley July 25, 2019 at 09:12 AM
Special Note I will be joining John Hopkins of EarningsBeats.com for a webinar on Monday, July 29th after the bell. It's the quarterly earnings webinar where I'll point out some of the biggest winners of earnings season to date... Read More
Trading Places with Tom Bowley July 24, 2019 at 09:31 AM
Market Recap for Tuesday, July 23, 2019 Utilities (XLU, -0.63%) was the only sector to end Tuesday's session in negative territory as most groups and stocks advanced. The XLU has been faltering on a relative basis ever since the overall market bottomed in early June... Read More
Trading Places with Tom Bowley July 23, 2019 at 09:00 AM
Market Recap for Monday, July 22, 2019 Technology (XLK, +1.15%) was the undisputed leader on Monday, helping the NASDAQ gain 0.71% and within 1% of its all-time high... Read More
Trading Places with Tom Bowley July 22, 2019 at 09:00 AM
Market Recap for Friday, July 19, 2019 Wall Street finished on a very weak note on Friday as hopes for a 50 basis point reduction in the fed funds rate decreased. There is now a much stronger likelihood of a 25 basis point drop when the Fed meets for two days next week... Read More
Trading Places with Tom Bowley July 18, 2019 at 09:03 AM
Special Note I'm on vacation this week so I'm writing brief articles and in a different format. There will be no article tomorrow, Friday, July 19th... Read More
Trading Places with Tom Bowley July 17, 2019 at 09:04 AM
Special Note I'm on vacation this week, so my articles are in a different format and generally shorter. There will be no blog article on Friday. I've created three portfolios over the past year... Read More
Trading Places with Tom Bowley July 16, 2019 at 09:01 AM
Special Note I'm on vacation this week so I'll post mostly abbreviated articles. There will be no blog article on Friday... Read More
Trading Places with Tom Bowley July 14, 2019 at 10:15 PM
Special Note I am on vacation this week so I'll post mostly abbreviated blog articles. There will be no blog article on Friday morning. Market Recap for Friday, July 12, 2019 Industrials (XLI, +1.75%) powered our major indices to fresh new all-time highs... Read More
Trading Places with Tom Bowley July 12, 2019 at 09:00 AM
Market Recap for Thursday, July 11, 2019 Dow Jones ($INDU, +0.85%) 27000 is in the record books as another milestone has been reached on Wall Street. The S&P 500 ($SPX, +0.23%) also set another record high close, but fell just short of closing above the psychological 3000 level... Read More
Trading Places with Tom Bowley July 11, 2019 at 09:00 AM
Market Recap for Wednesday, July 10, 2019 The S&P 500 ($SPX, +0.45%) surpassed 3000 on an intraday basis for the first time in history on Wednesday, although it failed to close there. Permabears don't understand how this is even possible, with the ongoing trade war and all... Read More
Trading Places with Tom Bowley July 10, 2019 at 09:00 AM
Market Recap for Tuesday, July 9, 2019 Despite the Dow Jones ($INDU, -0.08%) finishing in negative territory, I'd argue it was a pretty solid day on Wall Street. All of our major indices opened lower, but there was buying throughout the session, much like Friday... Read More
Trading Places with Tom Bowley July 09, 2019 at 09:00 AM
Market Recap for Monday, July 8, 2019 Materials (XLB, -1.15%) led the Monday decline as the U.S. Dollar Index ($USD, +0.10%) extended its recent gains, climbing for the 7th time in the last 9 sessions... Read More
Trading Places with Tom Bowley July 08, 2019 at 09:00 AM
Market Recap for Friday, July 5, 2019 The small cap Russell 2000 ($RUT, +0.22%) led bifurcated action on a very quiet Friday as many market participants were on an extended vacation spanning the July 4th holiday. Strength was seen in financials (XLF, +0... Read More
Trading Places with Tom Bowley July 05, 2019 at 09:00 AM
Market Recap for Wednesday, July 3, 2019 26 of 30 Dow Jones component stocks advanced as the most widely known stock index set all-time intraday and closing highs one day before Independence Day and during an abbreviated session... Read More
Trading Places with Tom Bowley July 03, 2019 at 09:00 AM
Market Recap for Tuesday, July 2, 2019 I saw a headline Tuesday morning when all of our major indices were lower that suggested "renewed trade fears" were impacting the stock market in negative fashion... Read More
Trading Places with Tom Bowley July 02, 2019 at 09:00 AM
Market Recap for Monday, July 1, 2019 The S&P 500 ($SPX, +0.77%) closed once again at an all-time high and all of our major indices ended Monday's session with gains. Leadership came in the form of the NASDAQ, which rang up a 1.06% gain... Read More
Trading Places with Tom Bowley June 30, 2019 at 10:08 PM
Market Recap for Friday, June 28, 2019 I'm posting this early (and on Sunday) this week because I did a lot of chart-reviewing this weekend and there's a lot to digest here... Read More
