Trading Places with Tom Bowley

Technical Analysis - Its Strengths And Weaknesses

by Tom Bowley

There is little in this world that irks me more than listening to a fundamentalist eschew technical analysis. I have a somewhat unique background as a Technical Analyst, having passed the CPA exam some 30 years ago and having spent 20 years in public accounting... Read More 

Trading Places with Tom Bowley

Consumer Staples Leading One Week Charge To Resistance

by Tom Bowley

After testing 2075 price support for about the sixth time a week ago, the S&P 500 has rallied close to 2.5% since that low. While all nine sectors have participated in this rally, energy has been the laggard while consumer stocks, especially staples, have led this rally... Read More 

Trading Places with Tom Bowley

Specialty Consumer Services ($DJUSCS) - Bullish or Bearish?

by Tom Bowley

Just like with fundamental analysis, technical analysis has two sides - those who look at the glass as half full and those who view it as half empty. The current technical state of the Dow Jones U.S. Specialty Consumer Services index ($DJUSCS) is certainly up for debate... Read More 

Trading Places with Tom Bowley

Shorting Candidates Over The Weaker Summer Months

by Tom Bowley

Okay, first let me preface this article with the notion that I don't short a bull market. I really try to trade with the trend. Going against the primary trend is similar to swimming against the current - it's not easy to make any head way... Read More 

Trading Places with Tom Bowley

Don't Always Believe Your Technical Indicators

by Tom Bowley

I love technical analysis. I spent two decades in public accounting, was a prinicipal in a large regional CPA firm in the Washington DC metropolitan area and audited companies in several industries, including banks... Read More 

Trading Places with Tom Bowley

Steepening Yield Curve Says Buy These 3 Banks

by Tom Bowley

The ten year treasury yield has surged from 1.65% to 2.40% since February 1st so it should be no surprise that the Dow Jones U.S. Bank Index ($DJUSBK) has risen more than 14% during that same span... Read More 

Trading Places with Tom Bowley

Healthcare Stocks Are Vulnerable to Weakness Ahead

by Tom Bowley

Okay, I'm being a bit dramatic with this title because I'm not ready to throw the towel in on this bull market. But there are clearly warning signs technically that the next bout of rotation in the stock market could negatively affect the healthcare sector... Read More 

Trading Places with Tom Bowley

My Perspective On Go Away In May

by Tom Bowley

If you know one thing about me, you should know that I'm a stock market historian. I've logged every day's S&P 500 activity onto an Excel spreadsheet since 1950. If there's a trend, I can tell you about it... Read More