Trading Places with Tom Bowley

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Consumer Discretionary Reasserting Leadership Role, Market Mixed

by Tom Bowley

Market Recap for Thursday, April 27, 2017 Consumer discretionary (XLY, +0.53%) led the bifurcated action on Thursday as travel & tourism ($DJUSTT), gambling ($DJUSCA) and toys ($DJUSTY) all broke to fresh new highs helping to lead the sector higher... Read More 

Trading Places with Tom Bowley

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Medical Equipment Breaks Cup Resistance, Latest To Confirm Bullish Pattern

by Tom Bowley

Market Recap for April 26, 2017 A late day selloff on Wednesday left the small cap Russell 2000 as the only major index left standing with gains. The Dow Jones penetrated 21000 for a second consecutive session after not doing so for nearly two months... Read More 

Trading Places with Tom Bowley

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Materials Break Out To Lead Another Market Surge

by Tom Bowley

Market Recap for Tuesday, April 25, 2017 U.S. indices closed significantly higher for a second consecutive session, this time with materials (XLB, +1.61%) leading eight of the nine sectors higher. Only utilities (XLU, -0.13%) failed to gain on the session... Read More 

Trading Places with Tom Bowley

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S&P 500 Breaks Downtrend, Financials Surge

by Tom Bowley

Market Recap for Monday, April 24, 2017 Global markets rallied on the heels of French election results and U.S. markets were no exception. We surged right out of the gate and didn't look back... Read More 

Trading Places with Tom Bowley

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NASDAQ Poised To Set All-Time High After French Election

by Tom Bowley

Market Recap for Friday, April 21, 2017 The S&P 500 trended lower from midday Thursday through Friday's close and that extended a much longer downtrend that began after the gap higher back on March 1st... Read More 

Trading Places with Tom Bowley

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Thursday's Rally Recipe Filled With Bullish Ingredients

by Tom Bowley

Market Recap for Thursday, April 20, 2017 We've yet to see the breakouts in our major indices that we're looking for, but yesterday's rally was quite bullish with leadership coming from the small cap Russell 2000 ($RUT, +1.24%), financials (XLF, +1.69%) and industrials (XLI, +1... Read More 

Trading Places with Tom Bowley

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Rally In Semiconductors Looking Suspicious

by Tom Bowley

Market Recap for Wednesday, April 19, 2017 The U.S. equity market enjoyed strong early gains on Wednesday only to see them mostly evaporate throughout the balance of the session. The Dow Jones lagged badly all day as one of its components - IBM (-4... Read More 

Trading Places with Tom Bowley

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Industrial Suppliers Have Had A Rough Week

by Tom Bowley

Market Recap for Tuesday, April 18, 2017 The Dow Jones U.S. Industrial Suppliers Index ($DJUSDS) tumbled more than 6% on Tuesday as the group absorbed its second earnings shock in the past week. W.W... Read More 

Trading Places with Tom Bowley

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Financials And Transports Lead U.S. Rally

by Tom Bowley

Market Recap for Monday, April 17, 2017 If you're in the bullish camp, you have to be breathing a sigh of relief following yesterday's action... Read More 

Trading Places with Tom Bowley

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10 Year Treasury Breaks Down, Signals Potential Economic Weakness Ahead

by Tom Bowley

Market Recap for Thursday, April 13, 2017 The big news on Thursday - at least technically - was the breakdown in the 10 year treasury yield ($TNX) to its lowest close since early November... Read More 

Trading Places with Tom Bowley

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10 Year Treasury Yield Closes At Lowest Level Since November

by Tom Bowley

Market Recap for Wednesday, April 13, 2017 It was another day of not-so-great action in the U.S. stock market on Wednesday as our major indices finished lower as this lengthy period of frustrating consolidation continues... Read More 

Trading Places with Tom Bowley

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Fear Is Rising As Gold Breaks Out

by Tom Bowley

Market Recap for Tuesday, April 11, 2017 The Volatility Index ($VIX) hit its lowest level since mid-November on Tuesday, nearly reaching 16 before backing off and closing at 15.07 and up 7.26% on the session... Read More 

Trading Places with Tom Bowley

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The VIX Signals No Bear Market On The Horizon......Yet

by Tom Bowley

Market Recap for Monday, April 10, 2017 It was a back and forth kinda day on Wall Street with the finish coming up fairly flat with minor gains across the board... Read More 

Trading Places with Tom Bowley

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Biotechs Consolidating But Technicals Improving

by Tom Bowley

Market Recap for Friday, April 7, 2017 Consumer staples (XLP, +0.27%) and healthcare (XLV, +0.18%) were the sector leaders on Friday as our major indices finished near the flat line. Money rotated a bit towards defensive stocks, although utilities (XLU, -0... Read More 

Trading Places with Tom Bowley

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Treasury Yield Nears Support, Financials Wavering

by Tom Bowley

Market Recap for Thursday, April 6, 2017 Yesterday, we saw better relative action on the Russell 2000, a positive for equities... Read More 

Trading Places with Tom Bowley

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Fed Minutes Spook Traders; Afternoon Selloff Spoils Big Rally

by Tom Bowley

Market Recap for April 5, 2017 The release of the FOMC minutes was widely anticipated to see if there were any hidden nuggets of information from the last Fed meeting... Read More 

Trading Places with Tom Bowley

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Retailers Continue To Hold Back Consumer Discretionary Stocks

by Tom Bowley

Market Recap for Tuesday, April 4, 2017 U.S. equities opened lower on Tuesday, but steadily marched higher throughout the day, finishing with mostly small gains across the board. The small cap Russell 2000 was an exception as it fell for a second consecutive session... Read More 

Trading Places with Tom Bowley

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Tesla Charged Up To Lead Automobiles

by Tom Bowley

Market Recap for Monday, April 3, 2017 It was a rough day on Wall Street to open the month of April, but an afternoon rally did minimize any damage technically. The Russell 2000, the recent leader among our major indices, was trampled and lost 1... Read More 

Trading Places with Tom Bowley

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MarketWatchers LIVE Starts Today!!!

by Tom Bowley

Special Announcement I'm very excited to announce the beginning of our new StockCharts.com show featuring me and Erin Heim... Read More