Trading Places with Tom Bowley June 30, 2016 at 09:00 AM
Market Recap for Wednesday, June 29, 2016 U.S. equities rallied strongly on Wednesday, following the lead of global indices as the shock of Brexit begins to wear off... Read More
Trading Places with Tom Bowley June 29, 2016 at 09:06 AM
Market Recap for Tuesday, June 28, 2016 Much technical damage has been inflicted over the past few trading days... Read More
Trading Places with Tom Bowley June 28, 2016 at 09:29 AM
Market Recap for Monday, June 27, 2016 The U.S. bond market closed sharply higher on Monday, sending treasury yields tumbling to lows not seen since the post-QE (quantitative easing) days of 2012. Everyone is seeking safety and it was evident throughout trading on Monday... Read More
Trading Places with Tom Bowley June 27, 2016 at 09:10 AM
Market Recap for Friday, June 24, 2016 The market has spoken and we need to listen. Volume on the S&P 500 totaled 4.5 billion shares and the index dropped a hefty 3.59% on Friday... Read More
Trading Places with Tom Bowley June 24, 2016 at 09:09 AM
Market Recap for Thursday, June 23, 2016 The Britons have voted and it's to exit the European Union... Read More
Trading Places with Tom Bowley June 23, 2016 at 09:00 AM
Market Recap for Wednesday, June 22, 2016 Volatile action continued as the UK referendum day approached. Today, Britons are voting to determine whether Britain remains in or leaves the European Union... Read More
Trading Places with Tom Bowley June 22, 2016 at 09:06 AM
Market Recap for Tuesday, June 21, 2016 Small cap stocks did not participate in Tuesday's rally as the Russell 2000 finished lower by 0.33%. But our other major indices all gained, led by the S&P 500's 0.27% rise. Energy (XLE, +1... Read More
Trading Places with Tom Bowley June 21, 2016 at 09:00 AM
Market Recap for Monday, June 20, 2016 Over the weekend, a poll indicated that the "remain" camp was winning the Brexit war, helping to relieve a bit of market anxiety that has been building as the UK referendum on whether the British will remain or leave the European Union appro... Read More
Trading Places with Tom Bowley June 20, 2016 at 09:00 AM
Market Recap for Friday, June 17, 2016 It was more of the same on Friday. Our major indices fell despite a rally that took place late in the morning session. Early losses were cut, but overall the bulls weren't able to totally recover from the morning weakness... Read More
Trading Places with Tom Bowley June 17, 2016 at 08:03 AM
Market Recap for Thursday, June 16, 2016 Okay, this really is getting old. Early in the session, it appeared as if the U.S. would follow the lead of global markets and sell....and sell....and sell... Read More
Trading Places with Tom Bowley June 16, 2016 at 09:00 AM
Market Recap for Wednesday, June 16, 2016 The much-awaited FOMC policy statement was released at 2pm EST on Wednesday afternoon and the market collectively yawned for an hour before selling kicked in during the final hour... Read More
Trading Places with Tom Bowley June 15, 2016 at 09:07 AM
Market Recap for Tuesday, June 14, 2016 It was more of the same on Tuesday. Most of the selling took place in the first hour and then our major indices rallied. The problem, once again, was that leadership came in the form of utilities (XLU, +0.53%) and consumer staples (XLP, +0... Read More
Trading Places with Tom Bowley June 14, 2016 at 09:06 AM
Market Recap for Monday, June 13, 2016 It was not a good day for the bulls. Global markets were weak and that set the stage for selling here in the U.S. Losses were fairly contained throughout the early part of the day, but the final hour saw the losses on the Dow Jones double... Read More
Trading Places with Tom Bowley June 13, 2016 at 09:01 AM
Market Recap for Friday, June 10, 2016 Consumer staples (XLP, +0.07%) eked out a tiny gain on Friday, but otherwise sector performance was weak. The eight remaining sectors all finished in the red with energy (XLE, -2.16%) leading the pack... Read More
Trading Places with Tom Bowley June 10, 2016 at 09:05 AM
Market Recap for Thursday, June 9, 2016 Utilities (XLU, +0.86%) and consumer staples (XLP, +0.39%) - two defensive sectors - led the action on Thursday and contributed heavily to the reversal in U.S. equities after a weak opening hour... Read More
Trading Places with Tom Bowley June 09, 2016 at 09:00 AM
Market Recap for Wednesday, June 8, 2016 Our major indices pushed higher once again on Wednesday with the S&P 500 climbing within 12 points of its all-time high close of 2131. But the strongest index was clearly the small cap index, or Russell 2000, which gained 0... Read More
Trading Places with Tom Bowley June 08, 2016 at 09:00 AM
Market Recap for Tuesday, June 7, 2016 Our major indices were strong throughout much of the day on Tuesday, only to see most of those gains vanish by the close. The NASDAQ was the target of most of the selling as this tech-influenced index finished in negative territory... Read More
Trading Places with Tom Bowley June 07, 2016 at 09:00 AM
Market Recap for Tuesday, June 7, 2016 The benchmark S&P 500 closed at 2109.41 on Monday, it's highest close since November 3, 2015 when it finished at 2109.79. This finish is just 1% away from its all-time high close of 2130.82 on May 21, 2015. Energy (XLE, +2... Read More
Trading Places with Tom Bowley June 06, 2016 at 09:05 AM
Market Recap for Friday, June 3, 2016 The nonfarm payrolls report on Friday was horrid. Wall Street was expecting 158,000 jobs and the government reported 38,000. It was the lowest number in six years and futures immediately dropped on the news at 8:30am EST Friday morning... Read More
Trading Places with Tom Bowley June 03, 2016 at 09:00 AM
Market Recap for Thursday, June 2, 2016 It was mostly a broad based rally on Thursday as all of our major indices finished higher. Seven of nine sectors ended the day higher as well, with technology (XLK, -0.09%) and energy (XLE, -0.13%) the two weak links... Read More
Trading Places with Tom Bowley June 02, 2016 at 09:00 AM
Market Recap for Wednesday, June 1, 2016 Consumer staples (XLP, +1.03%) surged higher on Wednesday. Unfortunately, the other sectors didn't get the memo. Seven of the nine sectors did finish higher, but healthcare (XLV, +0... Read More
Trading Places with Tom Bowley June 01, 2016 at 08:11 AM
Note Today's article will be very brief with a recap of Tuesday's action. I'll return to my normal time and format on Wednesday... Read More
