Trading Places with Tom Bowley

Small Caps And Healthcare Take Brunt Of Monday's Selling

by Tom Bowley

Market Recap for Monday, October 30, 2017 Weakness permeated the U.S. stock market on Monday with the small cap Russell 2000 losing more than 17 points, or 1.15%. Other U.S... Read More 

Trading Places with Tom Bowley

Seven Fresh Monday Setups As We Approach The Seasonally Bullish Month Of November

by Tom Bowley

Special Note Every Monday, I provide possible short-term trade setups (today's featured setup is reflected below in the Monday Setups section). All of these setups, along with setups from the past few weeks, can be accessed by CLICKING HERE... Read More 

Trading Places with Tom Bowley

U.S. Markets Rebound; Tokyo's Nikkei Surges Above 22000

by Tom Bowley

Market Recap for Thursday, October 26, 2017 U.S. indices spent Thursday attempting to bounce back from losses earlier in the week. Based on that goal, it was mostly a successful day as most major indices finished with fractional gains... Read More 

Trading Places with Tom Bowley

Selling Engulfs Wall Street, S&P 500 Posts Largest Decline In Nearly Two Months

by Tom Bowley

Market Recap for Wednesday, October 25, 2017 It's difficult to know what to expect after U.S. equities posted their largest decline since September 5th. I don't recall the last time we saw all nine sectors lower, but that's exactly what we saw on Wednesday. Healthcare (XLV, -0... Read More 

Trading Places with Tom Bowley

Narrow Advance Led By Dow Jones Components 3M And Caterpillar

by Tom Bowley

Market Recap for Tuesday, October 24, 2017 The Dow Jones powered to another record high close on Tuesday, finishing the session higher by 167.80 points... Read More 

Trading Places with Tom Bowley

The S&P 500's Reversal On Monday Suggests It's Topped Near-Term

by Tom Bowley

Market Recap for Monday, October 23, 2017 After early strength, Monday was a seller's market. As you might expect on one of the more bearish days of late, defensive sectors showed renewed relative strength with utilities (XLU, +0.05%) and consumer staples (XLP, -0... Read More 

Trading Places with Tom Bowley

What Happens When A Raging Bull Market Meets Hurricane-Force Historical Headwinds?

by Tom Bowley

Market Recap for Friday, October 20, 2017 Friday was a day of more all-time high closes. It's been quite redundant, but the bulls certainly don't mind. This time we saw leadership from aggressive areas of the market - a very bullish sign indeed. Financials (XLF, +1... Read More 

Trading Places with Tom Bowley

Want To Know Which Stocks In The S&P 500/NASDAQ Perform Best In November/December? Here They Are....

by Tom Bowley

Reminder: If you enjoy my blog, please look for the green "Notify Me" button at the bottom of this article and subscribe! Simply type in your email address and hit that button and VOILA! You'll receive my articles the moment they're published... Read More 

Trading Places with Tom Bowley

U.S. Equities Power Forward Amid Very Overbought Conditions

by Tom Bowley

Market Recap for Wednesday, October 18, 2017 The Dow Jones sliced through 23000 like a hot knife through butter. Many times, these round numbers represent a psychological challenge for traders, but that was not an issue for this bull market... Read More 

Trading Places with Tom Bowley

Healthcare ETF Breaks Out Of Bullish Ascending Triangle Pattern, Leads U.S. Equities Higher

by Tom Bowley

Market Recap for Tuesday, October 17, 2017 Healthcare stocks (XLV, +1.34%) led the Dow Jones to yet another all-time high close as the Dow traded above 23000 on an intraday basis for the first time in its history, closing just beneath that psychological level at 22997... Read More 

Trading Places with Tom Bowley

Banks, Insurance And Apple Lift Dow Jones Near 23K

by Tom Bowley

Market Recap for Monday, October 16, 2017 In true bull market fashion, U.S. stocks rose once again in rather boring action. The Dow Jones, S&P 500 and NASDAQ gained 0.37%, 0.18% and 0.28%, respectively, to each finish at all-time closing highs... Read More 

Trading Places with Tom Bowley

There's No Spooking The Bulls As Friday The 13th Results In New Record Highs

by Tom Bowley

Market Recap for Friday, October 13, 2017 There are plenty of superstitious folks out there, but apparently the majority of stock traders don't fall under that umbrella. U.S... Read More 

Trading Places with Tom Bowley

Sectors Mixed, But That Doesn't Slow Down U.S. Equities

by Tom Bowley

Market Recap for Thursday, October 12, 2017 It was certainly a bifurcated day among sectors. Four sectors advanced, including industrials (XLI, +0.53%) and utilities (XLU, +0.52%), while five declined. Financials (XLF, -0... Read More 

Trading Places with Tom Bowley

Broadline Retailers Move To Two Month High To Lead Major Indices

by Tom Bowley

Market Recap for Wednesday, October 11, 2017 A strange pair - utilities (XLU, +0.43%) and technology (XLK, +0.33%) - combined to lead our major indices higher on Wednesday with the NASDAQ rising 0.25% to close at another all-time high... Read More 

Trading Places with Tom Bowley

Late Day Buying Sends Dow Jones Into The Record Books Again

by Tom Bowley

Market Recap for Tuesday, October 10, 2017 The Dow Jones finished 69 points higher on Tuesday to close at yet another all-time high. It's an illustration of how equities can remain overbought for an extended period of time... Read More 

Trading Places with Tom Bowley

Specialty Retailers Flash Short-Term Sell But Long-Term Buy

by Tom Bowley

Market Recap for Monday, October 9, 2017 The U.S. major stock market indices took a breather - if you want to call it that - on Monday as the Dow Jones, S&P 500 and NASDAQ all fell less than 0.25%. Only the Russell 2000 lost more than that, dropping 0... Read More 

Trading Places with Tom Bowley

Bull Market Resiliency Shines Through After Weak Jobs Report

by Tom Bowley

Market Recap for Friday, October 9, 2017 Extremely overbought and extended conditions. Complacency in the form of a very low Volatility Index ($VIX) reading. Geopolitical tensions. Then a negative jobs report. The market was surely doomed on Friday, right? Wrong... Read More 

Trading Places with Tom Bowley

Right On Cue, Internet Stocks Break Out; NASDAQ 100 Soars

by Tom Bowley

Market Recap for Thursday, October 5, 2017 Well, if you were worried about an underperforming technology sector and the inability of the NASDAQ 100 ($NDX) to reach new highs, you can stop worrying... Read More 

Trading Places with Tom Bowley

Consumer Stocks, Healthcare Take Their Turn To Lead U.S. Equities To New Highs

by Tom Bowley

Market Recap for Wednesday, October 4, 2017 This bull market advance continues to be about rotation. Index rotation. Sector rotation. Individual stock rotation. Few areas of the market are breaking down. It's mostly about gains, consolidation, then more gains... Read More 

Trading Places with Tom Bowley

Airlines Catch Seasonal Jet Stream To Lead Transports, Market Higher

by Tom Bowley

Market Recap for Tuesday, October 3, 2017 It didn't take long for the seasonal tailwinds to kick in for airlines ($DJUSAR)... Read More 

Trading Places with Tom Bowley

October Begins In Record-Setting Fashion

by Tom Bowley

Market Recap for Monday, October 2, 2017 It was another record day on Wall Street. The Dow Jones, S&P 500, NASDAQ and Russell 2000 all closed at fresh all-time highs... Read More 

Trading Places with Tom Bowley

The Fourth Quarter Begins With Seasonal And Technical Signals Aligning Bullishly

by Tom Bowley

Market Recap for Friday, September 29, 2017 We wrapped up the third quarter on Friday with all-time highs showing up everywhere. There was a big buying push into the close on Friday, likely in anticipation of more strength during the fourth quarter... Read More