Trading Places with Tom Bowley June 29, 2018 at 09:00 AM
Market Recap for Thursday, June 28, 2018 The selling episode went according to plan, with many higher risk areas taking on most of the bears' wrath. The three worst performing sectors over the past week led the rebound on Thursday. Technology (XLK, +1.22%), financials (XLF, +0... Read More
Trading Places with Tom Bowley June 28, 2018 at 08:30 AM
Market Recap for Wednesday, June 27, 2018 Trade war fears are dominating the headlines, but U.S. Dollar Index ($USD) strength is quietly making the biggest news of all. The rising greenback is potentially good news as it signals that the U.S... Read More
Trading Places with Tom Bowley June 27, 2018 at 08:25 AM
Market Recap for Tuesday, June 26, 2018 Tepid gains on Wall Street allowed trade fears to subside for a day, but technical indications suggest this is likely just a temporary breather... Read More
Trading Places with Tom Bowley June 26, 2018 at 08:50 AM
Market Recap for Monday, June 25, 2018 We ended a bearish historical period yesterday with.....well.....bearishness. It was an ugly start to the day on more trade threats and, with an hour left in the session, the Dow Jones was down nearly 600 points... Read More
Trading Places with Tom Bowley June 25, 2018 at 08:51 AM
Market Recap for Friday, June 22, 2018 Bifurcated market action once again permeated Wall Street, but with much different results this time... Read More
Trading Places with Tom Bowley June 22, 2018 at 08:27 AM
Market Recap for Thursday, June 21, 2018 The Dow Jones closed lower for the 8th consecutive trading session, this time falling 196 points. It's been a steady decline, spurred by fears of a trade war with China and a rising U.S. Dollar Index ($USD)... Read More
Trading Places with Tom Bowley June 21, 2018 at 08:45 AM
Reminder If you haven't already subscribed to my blog, I'd love to keep you up-to-date on the latest news and technical developments. It's FREE and simple. Scroll down to the bottom of this article and type in your email address in the space provided... Read More
Trading Places with Tom Bowley June 20, 2018 at 09:06 AM
Market Recap for Tuesday, June 19, 2018 Treasuries (TLT, +0.58%), utilities (XLU, +0.99%), consumer staples (XLP, +0.53%) and healthcare (XLV, +0.26%) highlighted the strength on Tuesday... Read More
Trading Places with Tom Bowley June 19, 2018 at 09:00 AM
Market Recap for Monday, June 18, 2018 Trade war fears are picking up again this morning and it's rattling equities worldwide. It created a bit of a stir on Monday morning as futures were weak, signaling a rough start for U.S. equities... Read More
Trading Places with Tom Bowley June 18, 2018 at 08:45 AM
Market Recap for Friday, June 15, 2018 We finished Friday's action with lower major indices, primarily the result of a very weak energy sector (XLE, -2.15%). Unfortunately, that masked one of the best absolute and relative performance days in consumer staples (XLP, +1... Read More
Trading Places with Tom Bowley June 15, 2018 at 09:03 AM
Market Recap for Thursday, June 14, 2018 Utilities (XLU, +1.24%) led a bifurcated market on Thursday, but the real story of June has been consumer discretionary (XLY, +1.04%)... Read More
Trading Places with Tom Bowley June 14, 2018 at 08:45 AM
Market Recap for Wednesday, June 13, 2018 Another Fed day is in the rear view mirror and now we know the following. The Fed expects to raise interest rates two more times in 2018, bringing the total number of hikes to 4, as opposed to the 3 they discussed in prior meetings... Read More
Trading Places with Tom Bowley June 13, 2018 at 08:55 AM
Market Recap for Tuesday, June 12, 2018 The Dow Jones lost one point yesterday, but our other key indices finished with gains, led higher by the NASDAQ (+0.57%) and small cap Russell 2000 (+0.46%)... Read More
Trading Places with Tom Bowley June 12, 2018 at 08:42 AM
Market Recap for Monday, June 11, 2018 U.S indices finished with across-the-board gains on Monday despite a final 30 minute selloff that saw the Dow Jones trim a 70 point gain down to just 5 points... Read More
Trading Places with Tom Bowley June 11, 2018 at 09:04 AM
Market Recap for Friday, June 8, 2018 In a rare development, consumer staples (XLP, +1.23%) led Wall Street higher on Friday. Over the past three months, the XLP has fallen 5.78% and no other sector is close to consumer staples' ineptitude... Read More
Trading Places with Tom Bowley June 08, 2018 at 09:00 AM
Market Recap for Thursday, June 7, 2018 The Dow Jones gained 95 points, extending its recent rally, on the strength of McDonalds Corp (MCD) and Chevron Corp (CVX). MCD announced layoffs and Wall Street cheered the likely improvement to its bottom line by sending MCD higher by 4... Read More
Trading Places with Tom Bowley June 07, 2018 at 08:43 AM
Market Recap for Wednesday, June 6, 2018 It was another solid bull market rally on Wall Street on Wednesday, this time with the Dow Jones conglomerates leading the action. The Dow Jones Industrial Average gained 346 points, or 1... Read More
Trading Places with Tom Bowley June 06, 2018 at 08:45 AM
Market Recap for Tuesday, June 5, 2018 It's the perfect storm. Technology (XLK, +0.35%) sets another all-time high record close to lead the NASDAQ to the same. Strengthening economic conditions are creating a higher interest rate environment... Read More
Trading Places with Tom Bowley June 05, 2018 at 09:00 AM
Market Recap for Monday, June 4, 2018 Consumer stocks - discretionary (XLY, +1.12%) and staples (XLP, +0.83%) - led Wall Street higher on Monday, especially the NASDAQ, which closed above 7600 for the first time in its history... Read More
Trading Places with Tom Bowley June 04, 2018 at 08:59 AM
Market Recap for Friday, June 1, 2018 Technology (XLK, +1.70%) and materials (XLB, +1.53%) led Wall Street higher on Friday after the May nonfarm payrolls beat expectations, providing a lift for those anticipating further economic strength in the months ahead... Read More
Trading Places with Tom Bowley June 01, 2018 at 08:53 AM
Market Recap for Thursday, May 31, 2018 The roller coaster ride of 2018 has suddenly re-emerged this week. After considerable weakness on Tuesday to open this holiday-shortened week, we saw a beautiful bounce-back rally on Wednesday... Read More
