Trading Places with Tom Bowley July 29, 2016 at 09:25 AM
Market Recap for Thursday, July 28, 2016 The action on Thursday was different than what we've seen recently as investor focus seemed to turn to safety ahead of the GDP report and after the FOMC announcement on Wednesday. Consumer staples (XLP, +0.44%) and utilities (XLU, +0... Read More
Trading Places with Tom Bowley July 28, 2016 at 09:28 AM
Market Recap for Wednesday, July 27, 2016 Crude oil ($WTIC) continues to remain under pressure with its fifth consecutive drop on Wednesday. Crude oil has now fallen nearly 20% since topping at $51.53 per barrel on June 8th... Read More
Trading Places with Tom Bowley July 27, 2016 at 09:24 AM
Market Recap for Tuesday, July 26, 2016 Commercial vehicles & trucks ($DJUSHR) surged 3.34% on Tuesday, leading a rally in industrials (XLI, +0... Read More
Trading Places with Tom Bowley July 26, 2016 at 09:32 AM
Market Recap for Monday, July 25, 2016 It was a quiet session for most areas of the market. Consumer discretionary (XLY, +0... Read More
Trading Places with Tom Bowley July 25, 2016 at 09:21 AM
Market Recap for Friday, July 22, 2016 Utilities (XLU, +1.33%) surged on Friday to lead all nine sectors higher. All of our major indices also finished higher with most of the gains generated in the afternoon session as traders went home happy for the weekend... Read More
Trading Places with Tom Bowley July 22, 2016 at 09:15 AM
Market Recap for Thursday, July 21, 2016 Aggressive sectors took a break on Thursday, as did the overall market. The S&P 500 saw its most intraday weakness since breaking out above 2131 to all-time highs more than a week ago. Technically, however, there was little damage done... Read More
Trading Places with Tom Bowley July 21, 2016 at 09:24 AM
Market Recap for Wednesday, July 20, 2016 Technology (XLK, +1.31%) had another huge day on Wednesday as consumer electronics ($DJUSCE) and software ($DJUSSW) paced the advance. It didn't hurt that biotechs ($DJUSBT) were up more than 1... Read More
Trading Places with Tom Bowley July 20, 2016 at 09:24 AM
Market Recap for Tuesday, July 19, 2016 The Dow Jones managed to close at another all-time high on Tuesday despite seven of nine sectors falling. Most of the weakness, however, was confined to materials (XLB, -0.59%) and energy (XLE, -0.56%)... Read More
Trading Places with Tom Bowley July 19, 2016 at 09:08 AM
Market Recap for Monday, July 18, 2016 The action on Monday was led by the NASDAQ's 0.52% gain with technology (XLK, +0.67%) pacing the advance. One bullish piece of technical news within the technology space was the breakout of internet stocks ($DJUSNS), which gained 2... Read More
Trading Places with Tom Bowley July 18, 2016 at 09:19 AM
Market Recap for Friday, July 15, 2016 It was another day of bifurcation on Friday as the Dow Jones and Russell 2000 were able to eke out gains while both the S&P 500 and NASDAQ finished in negative territory. Similar bifurcation was found among sectors with materials (XLB, +0... Read More
Trading Places with Tom Bowley July 14, 2016 at 09:11 AM
Note: I will be traveling this weekend and unable to post here in my Trading Places blog on Friday. I hope everyone has a great weekend! Back on Monday! Market Recap for Wednesday, July 13, 2016 The bullish run that began on June 28th continues despite Wednesday's pause... Read More
Trading Places with Tom Bowley July 13, 2016 at 09:14 AM
Market Recap for Tuesday, July 12, 2016 Energy (XLE, +2.48%) resumed its leadership role in a big way on Tuesday as rising crude oil prices ($WTIC) and a bullish pattern on the U.S... Read More
Trading Places with Tom Bowley July 12, 2016 at 09:11 AM
Market Recap for Monday, July 11, 2016 Despite all the reasons for being cautious at this stage of the current seven year bull market rally, nothing is more important than simple price action and yesterday the S&P 500 did what it had never done before - it closed above 2131... Read More
Trading Places with Tom Bowley July 11, 2016 at 09:09 AM
Special Notes Beginning today, I will be providing a "Monday setups" section every Monday, offering up potential trading candidates and technical reasons for possible entry... Read More
Trading Places with Tom Bowley July 08, 2016 at 09:09 AM
Market Recap for Thursday, July 7, 2016 Energy (XLE, -1.02%) was weak on Thursday as crude oil prices ($WTIC) tumbled 5.64% to lose near-term price support in the 46.00-46.50 range... Read More
Trading Places with Tom Bowley July 07, 2016 at 09:08 AM
Market Recap for Wednesday, July 6, 2016 Bulls do not give up easy. Yesterday was a perfect example. Global indices have rolled over and have been struggling mightily this week, especially the key German DAX ($DAX)... Read More
Trading Places with Tom Bowley July 06, 2016 at 09:12 AM
Market Recap for Tuesday, July 5, 2016 Tuesday represented a down day and a much-needed day of profit taking after the post-Brexit rebound, right? Well maybe... Read More
Trading Places with Tom Bowley July 05, 2016 at 09:06 AM
Market Recap for Friday, July 1, 2016 Bull markets do the unthinkable and last week was a perfect example... Read More
Trading Places with Tom Bowley July 01, 2016 at 09:00 AM
Market Recap for Thursday, June 30, 2016 Over the past week - since Brexit - the S&P 500 has lost a mere 15 points because of the sizable rally enjoyed over the past three trading days. That's roughly a 0.75% loss. The NASDAQ, on the other hand, remains approximately 1... Read More
