Trading Places with Tom Bowley

Three Things To Take Away From Wednesday's Bizarre Market Action

by Tom Bowley

Market Recap for Wednesday, November 29, 2017 One quick glance at the S&P 500's meager 1 point loss on Wednesday and you might assume that Wall Street meandered through another one of its boring days... Read More 

Trading Places with Tom Bowley

Equities Explode Higher, Led By Financials, Industrials And Small Caps

by Tom Bowley

Market Recap for Tuesday, November 28, 2017 It was party day on Wall Street. The bullish environment accelerated into a much faster gear as all nine sectors advanced and the small cap Russell 2000 soared 23 points, or 1... Read More 

Trading Places with Tom Bowley

Defense Industry Stocks Look Poised To Benefit From Market Rotation

by Tom Bowley

Market Recap for Monday, November 27, 2017 We saw bifurcated action in the major indices on Monday as the Dow Jones tacked on another 23 points after nearly closing above 23600 for the first time ever. Instead, the bulls had to settle for an all-time intraday high of 23638.92... Read More 

Trading Places with Tom Bowley

Abbreviated Holiday Session Results In More Records

by Tom Bowley

Market Recap for Friday, November 24, 2017 Wall Street was only open for half a day on Friday, but that didn't stop the bulls' momentum as all the major indices closed at fresh all-time highs. Amazon... Read More 

Trading Places with Tom Bowley

The Superfecta: All Four Major Indices Print All-Time Record Highs

by Tom Bowley

Market Recap for Tuesday, November 21, 2017 I am traveling for the Thanksgiving Day holiday, so today's article will be brief. I hope everyone has a very Happy Thanksgiving! Enjoy your family and friends and please be safe. :-) It was a very bullish day on Wall Street yesterday... Read More 

Trading Places with Tom Bowley

Financials And Industrials Lead As Slowing Momentum Issues Subside

by Tom Bowley

Market Recap for Monday, November 20, 2017 It had been awhile since financials (XLF, +0.46%) and industrials (XLI, +0.45%) were the top two performing sectors during a market session, but that's exactly what we saw on Monday... Read More 

Trading Places with Tom Bowley

Friday: The Tale Of Two Markets

by Tom Bowley

Market Recap for Friday, November 17, 2017 It was an interesting day on Friday. While most of our major indices struggled and finished in negative territory with the Dow Jones, S&P 500 and NASDAQ falling 0.43%, 0.26% and 0... Read More 

Trading Places with Tom Bowley

Russell 2000 Soars After Nearing Initial Fibonacci Retracement Level

by Tom Bowley

Market Recap for Thursday, November 16, 2017 U.S. indices spiked sharply higher on Thursday's open in contrast to many recent days where the bulls have found themselves underwater in early action, trying to reclaim control of the action throughout the balance of the session... Read More 

Trading Places with Tom Bowley

Selling Grips Wall Street, Key Moving Average Lost

by Tom Bowley

Market Recap for Wednesday, November 15, 2017 Eight of nine sectors lost ground on Wednesday and while that, along with a couple major indices closing beneath their respective 20 day EMAs, might be cause for concern, I actually thought much of the action was bullish... Read More 

Trading Places with Tom Bowley

Technology Weakening, But How Much Selling Might We Expect?

by Tom Bowley

Market Recap for Tuesday, November 14, 2017 For the third time in the last four days, we saw U.S. equities gap lower, only to reverse intraday to close near their highs of the session... Read More 

Trading Places with Tom Bowley

Industrials Are Teaching Us How To Evaluate Risk....If We'll Listen

by Tom Bowley

Reminder If you enjoy my blog, be sure to subscribe at the bottom of this article! Just type in your email address and click on the green "Notify Me!" button. My articles will then be sent to your email immediately upon publishing! It's 100% free and you won't be spammed... Read More 

Trading Places with Tom Bowley

Consumer Staples Finish Off Strong Week, Hold Trendline Support

by Tom Bowley

Market Recap for Friday, November 10, 2017 Generally speaking, I'm not a big fan of defensive areas leading the market to the upside. But I'll make an exception for last week. Consumer staples (XLP, +1.02%) was not only the clear leader on Friday, but it's weekly gain of 2... Read More 

Trading Places with Tom Bowley

Early Losses Result In Successful Moving Average Tests; Overbought Conditions Unwinding

by Tom Bowley

Market Recap for Thursday, November 9, 2017 Energy (XLE, +0.30%) returned to the top of the leaderboard and this is what's likely to irritate the bears in the future. We now have another sector that's technical capable to take on new money as money rotates elsewhere... Read More 

Trading Places with Tom Bowley

Futures Down Sharply; The 9th Calendar Day Of Month Strikes Again

by Tom Bowley

Market Recap for Wednesday, November 8, 2017 It was another day of records for most of our major indices with the Dow Jones, S&P 500 and NASDAQ all closing at their highest levels ever. Consumer staples (XLP, +1... Read More 

Trading Places with Tom Bowley

Russell 2000 Takes Biggest Hit In Three Months; Watch This Support Level

by Tom Bowley

Market Recap for Tuesday, November 7, 2017 Small cap stocks felt a slight tremor on Tuesday as the Russell 2000 ($RUT, -1.26%) suffered its worst day in nearly three months... Read More 

Trading Places with Tom Bowley

Energy Explodes Higher As Crude Oil Tops $57 Per Barrel; Time For Small Caps Again?

by Tom Bowley

Market Recap for Monday, November 6, 2017 Energy (XLE, +2.29%) shares made a huge advance on Monday as money rotated to this once-forgotten sector in a very big way. Bull markets thrive on broad participation in rallies and the XLE had been one sector not participating... Read More 

Trading Places with Tom Bowley

Familiar Names Pace Healthcare, Technology; Major Indices Rise Again

by Tom Bowley

Special Notes First, please join me and Erin Swenlin for MarketWatchers LIVE every day from Noon EST to 1:30pm EST. We discuss key technical developments that you need to be aware of as you manage your wealth... Read More 

Trading Places with Tom Bowley

Facebook Falters After Earnings, NASDAQ Now Looks To Apple's Strong Report

by Tom Bowley

Market Recap for Thursday, November 2, 2017 Financials (XLF, +0.94%) and industrials (XLI, +0.57%) led a Dow Jones rally on Thursday... Read More 

Trading Places with Tom Bowley

Transportation Services Is A Live Case Study In Rotation After A Negative Divergence

by Tom Bowley

Market Recap for Wednesday, November 1, 2017 U.S. stocks jumped higher out of the gates at Wednesday's open, but was unable to hang onto those gains - especially on the NASDAQ... Read More 

Trading Places with Tom Bowley

Crude Oil Threatening Break Above $55 Per Barrel; A Look At Transports

by Tom Bowley

Market Recap for Tuesday, October 31, 2017 Don't look now, but crude oil prices ($WTIC) are on the verge of moving to a 2 1/2 year high. Energy (XLE, +0.33%) has shown life since ending its downtrend that began back in December 2016... Read More