Trading Places with Tom Bowley

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S&P 500 Led Lower By Defensive Stocks

by Tom Bowley

Market Recap for Thursday, September 29, 2016 Healthcare stocks (XLV, -1.76%), utilities (XLU, -1.50%) and financials (XLF, -1.40%) led a broad-based decline on Thursday with energy (XLE, -0.17%) the only sector to escape relatively unscathed... Read More 

Trading Places with Tom Bowley

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Energy Enjoys Biggest Day of 2016; Equities Surge

by Tom Bowley

Market Recap for Wednesday, September 28, 2016 Energy shares (XLE, +4.32%) soared on Wednesday to their largest single day gain of the year as crude oil ($WTIC) gained more than 5% on the back of OPEC's agreement to curb oil production... Read More 

Trading Places with Tom Bowley

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Technology And Consumer Discreitionary Lead Stock Rally

by Tom Bowley

Market Recap First, I'd like to thank everyone who attended ChartCon 2016, making it a HUGE success! It was great interacting with folks from around the globe via Guidebook and I can't wait to have the opportunity to do it again! I will be back on schedule with my blog starting t... Read More 

Trading Places with Tom Bowley

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This Relative Ratio Suggests U.S. Weakness Ahead

by Tom Bowley

Special Note I continue to move into ChartCon 2016 mode, so bear with me as all of us here at StockCharts.com prepare to descend upon California. My travel day is tomorrow so I will not likely post at all... Read More 

Trading Places with Tom Bowley

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U.S. Equities Stumble on Friday As Banks Test 50 Day

by Tom Bowley

Special Note My blog articles will be brief the next two days as I prepare for ChartCon 2016. I will be traveling on Wednesday so there will be no article that day. While in California, my blog schedule will not be set so I'll simply post when I have time and am able... Read More 

Trading Places with Tom Bowley

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Technology Shares Lead Strong U.S. Rally

by Tom Bowley

Market Recap for Thursday, September 15, 2016 There was plenty of good news to go around on Thursday, which was nice because the bulls have been beaten up a little bit of late. All of our major indices finished with solid gains and all nine sectors advanced. Technology (XLK, +1... Read More 

Trading Places with Tom Bowley

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Let's Get Ready To Rum.....Errrr, Gamble!!!

by Tom Bowley

Market Recap for Wednesday, September 14, 2016 Market and sector performance was bifurcated on Wednesday with the NASDAQ performing much better on a relative basis, gaining 0.36% on the session. The Dow Jones, S&P 500 and Russell 2000 all finished with fractional losses... Read More 

Trading Places with Tom Bowley

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Back Down We Go...Where Will It End?

by Tom Bowley

Market Recap for September 13, 2016 Honestly, I'm not at all surprised at the failure on Tuesday for the bulls to capitalize on Monday's rally. We had a lot of room to key short-term price resistance after Friday's free fall in our major indices... Read More 

Trading Places with Tom Bowley

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U.S. Stocks Rebound Strongly But......

by Tom Bowley

Market Recap for Monday, September 12, 2016 There were two problems with the rally on Monday. First, there was the issue of failure at price and gap resistance as I will discuss in the Current Outlook section below. Second was the issue of leadership on the advance... Read More 

Trading Places with Tom Bowley

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Heavy Volume Selling Turns Tables; Expect More Selling

by Tom Bowley

Special Note We're less than two weeks away from ChartCon 2016, the biggest online financial conference of the year!!! Be sure to reserve your spot today! CLICK HERE to learn more about the event, including the speakers and agenda... Read More 

Trading Places with Tom Bowley

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Energy Soaring To Stabilize Weakness Elsewhere

by Tom Bowley

Market Recap for Thursday, September 8, 2016 If you haven't noticed, maybe you should. Energy (XLE, +1.87%) is in a bull market, posting 5.17% gains in just the last week! That's not a bad year. It's not like U.S. equities have been soaring either... Read More 

Trading Places with Tom Bowley

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Consumer Staples Next To Bounce Off Support? A Look At Coca Cola

by Tom Bowley

Market Recap for Wednesday, September 7, 2016 Consumer staples (XLP, -0.87%) had a rough Wednesday while most other sectors finished just above or below the breakeven level for the day... Read More 

Trading Places with Tom Bowley

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Energy Rebounds Strongly, Led By Red Hot Pipelines

by Tom Bowley

Market Recap for Tuesday, September 6, 2016 Energy (XLE, +1.51%) was the clear leader on Tuesday, resuming their leadership role in 2016. Utilities (XLU, +1.09%) also continued its recent climb off price support near 49... Read More 

Trading Places with Tom Bowley

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Treasury Market Brushes Off Disappointing Jobs, Utilities Lead

by Tom Bowley

Special Webinar Scheduling Note Because of the holiday-shortened trading week, please be sure to check out the webinar calendar on the home page. Monday's Bowley Briefing and Trading Places LIVE were cancelled due to the Labor Day holiday here in the U.S... Read More 

Trading Places with Tom Bowley

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Support Holds With All Eyes On Disappointing Jobs This Morning

by Tom Bowley

Market Recap for Thursday, September 1, 2016 Key support levels were tested - and held once again - at 2160 and 5190 on the S&P 500 and the NASDAQ, respectively. We're not going any higher, but we're not breaking down either... Read More 

Trading Places with Tom Bowley

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Energy And Materials Suffering From Rising Dollar

by Tom Bowley

Market Recap for Wednesday, August 31, 2016 Higher treasury yields in August are impacting more than just a few interest-sensitive equity groups. It's also been driving the U.S. dollar higher. A higher dollar can also affect equities in various ways... Read More