Trading Places with Tom Bowley

Biotechs Continue Their Winning Streak But Have Price Challenges Ahead

by Tom Bowley

Market Recap for Thursday, August 30, 2018 Record Wall Street action was temporarily suspended on Thursday as all of our major indices fell in the final two hours to finish the day in negative territory. Utilities (XLU, +0... Read More 

Trading Places with Tom Bowley

Wall Street Record High Winning Streak Stretches To Four

by Tom Bowley

Market Recap for Wednesday, August 29, 2018 It was another ho-hum day of records on Wall Street with the S&P 500, NASDAQ and Russell 2000 all closing at all-time record highs for the 4th consecutive session... Read More 

Trading Places with Tom Bowley

Retail Strength Is Likely Just Beginning

by Tom Bowley

Market Recap for Tuesday, August 28, 2018 U.S. stocks extended their winning streak deeper into record territory on Tuesday. The S&P 500 closed in record territory for the third consecutive session. While the gain was very slight (+0... Read More 

Trading Places with Tom Bowley

It's Looking Like You Want To Be Overweight Two Key Sectors Now

by Tom Bowley

Market Recap for Monday, August 27, 2018 It was an all-around solid day on Wall Street to begin the final week of August... Read More 

Trading Places with Tom Bowley

Software Stocks Soar On Solid Earnings, S&P 500 Sets Record High

by Tom Bowley

Market Recap for Friday, August 24, 2018 The boring stock market months of July, August and September just got a lot more exciting. Yesterday, the benchmark S&P 500 did something it's never done before. It closed above 2873... Read More 

Trading Places with Tom Bowley

Short-Term Warning Signs Popping Up Everywhere

by Tom Bowley

Market Recap for Thursday, August 23, 2018 Technology (XLK, +0.22%) was the only sector to finish in positive territory on Thursday. The remaining sectors were lower, led by materials (XLB, -0.68%), energy (XLE, -0.47%) and financials (XLF, -0.46%)... Read More 

Trading Places with Tom Bowley

S&P 500 Stymied At Major Price Resistance; Short-Term Top?

by Tom Bowley

Market Recap for Wednesday, August 22, 2018 Stock market action was bifurcated here in the U.S. on Wednesday as NASDAQ stocks led to the upside. The small cap rally continued with the Russell 2000 closing at a second consecutive all-time high... Read More 

Trading Places with Tom Bowley

Russell 2000 Breaks Out Of Bullish Pattern To Lead U.S. Equities Higher

by Tom Bowley

Market Recap for Tuesday, August 21, 2018 Despite some selling late in the day, it was mostly a bullish day on Wall Street. The two sectors that lagged were defensive sectors - utilities (XLU, -0.72%) and consumer staples (XLP, -0.71%)... Read More 

Trading Places with Tom Bowley

Think AAPL's Been A Great Performer? Here's One In Its Space Even Better

by Tom Bowley

Market Recap for Monday, August 20, 2018 Leadership from technology (XLK, -0.15%) was lacking, but strength in consumer discretionary (XLY, +0.71%), materials (XLB, +0.70%), energy (XLE, +0.67%) and industrials (XLI, +0... Read More 

Trading Places with Tom Bowley

Here's A Monday Setup With A Strong Reward To Risk Opportunity

by Tom Bowley

Note I'm still traveling so my blog article today will focus on my Monday Setups for this week. I'll return to my "normal" blog postings regarding market action, outlook, historical tendencies, etc. tomorrow... Read More 

Trading Places with Tom Bowley

Trading Losses Are Not A Problem, But BIG Trading Losses Are

by Tom Bowley

Note I'll be traveling and on vacation this week, so my blog articles will focus on very brief topics regarding current market themes or my own trading strategies. I'll return to my "normal" blog postings regarding market action, outlook, historical tendencies, etc... Read More 

Trading Places with Tom Bowley

This Is How I Use The RSI

by Tom Bowley

Note I'll be traveling and on vacation this week, so my blog articles will focus on very brief topics regarding current market themes or my own trading strategies. I'll return to my "normal" blog postings regarding market action, outlook, historical tendencies, etc... Read More 

Trading Places with Tom Bowley

Combining The PPO And 20 Day EMA For Short-Term Trading

by Tom Bowley

Note I'll be traveling and on vacation this week, so my blog articles will focus on very brief topics regarding current market themes or my own trading strategies. I'll return to my "normal" blog postings regarding market action, outlook, historical tendencies, etc... Read More 

Trading Places with Tom Bowley

Beneficiaries Of A Strengthening Dollar

by Tom Bowley

Note I'll be traveling and on vacation this week, so my blog articles will focus on very brief topics regarding current market themes or my own trading strategies. I'll return to my "normal" blog postings regarding market action, outlook, historical tendencies, etc... Read More 

Trading Places with Tom Bowley

Dollar Breakout Signals Resurgence In Small Cap Relative Strength

by Tom Bowley

Note I'll be traveling and on vacation this week, so my blog articles will focus on very brief topics regarding current market themes or my own trading strategies. I'll return to my "normal" blog postings regarding market action, outlook, historical tendencies, etc... Read More 

Trading Places with Tom Bowley

Banks Showing Renewed Strength; ChartCon FINAL CALL

by Tom Bowley

ChartCon Starts Today! If you haven't already, I'd highly recommend that you join me and many of my StockCharts.com colleagues from around the globe for ChartCon 2018... Read More 

Trading Places with Tom Bowley

When Financials Lead On A Relative Basis, This Usually Happens

by Tom Bowley

Market Recap for Wednesday, August 8, 2018 Wall Street ended Wednesday's action in a bifurcated state as the NASDAQ withstood a final 20 minute selloff to finish with a slight 4 point gain. The other major indices finished lower, but just fractionally so... Read More 

Trading Places with Tom Bowley

Energy And Industrials Lead Wall Street Rally, But Here's The Bullish News

by Tom Bowley

Market Recap for Tuesday, August 7, 2018 It was another nice rally on Wall Street, led by energy (XLE, +0.74%) and industrials (XLI, +0.71%). Since the beginning of July, we've seen renewed strength in larger cap stocks. Industials, along with financials (XLF, +0... Read More 

Trading Places with Tom Bowley

Small Caps Ready To Flourish With Dollar Surge? Watch This Signal

by Tom Bowley

Market Recap for Monday, August 6, 2018 The Russell 2000 and NASDAQ paced a day of strength on Wall Street as they gained 0.65% and 0.61%, respectively. The S&P 500 and Dow Jones enjoyed smaller gains as money rotated back towards more aggressive areas... Read More 

Trading Places with Tom Bowley

Friday Action Bifurcated As Dollar Awaiting Bullish Breakout

by Tom Bowley

Market Recap for Friday, August 3, 2018 The stock market has clearly turned more defensive over the past 2-3 months and Friday was another perfect example of that. The more aggressive small cap Russell 2000 was the laggard, dropping 0.52%... Read More 

Trading Places with Tom Bowley

Apple Tops $1 Trillion Market Cap, Leads Technology Higher

by Tom Bowley

Special Note I will be traveling to Seattle this weekend for ChartCon 2018. My schedule the next two weeks is likely to be quite different and sporadic, perhaps posting articles during the trading day or possibly even after the market closes... Read More 

Trading Places with Tom Bowley

Apple Soars, Trade Fears Send Futures Plummeting

by Tom Bowley

Market Recap for Wednesday, August 1, 2018 Wednesday was a day of bifurcated action with Apple (AAPL) leading technology (XLK, +0.90%) and the NASDAQ higher, while the Dow Jones, S&P 500, Russell 2000 and most sectors finished lower... Read More 

Trading Places with Tom Bowley

Apple Delivers With The Fed On Deck

by Tom Bowley

Market Recap for Tuesday, July 31, 2018 It was a solid day on Wall Street to close out July. The small cap Russell 2000, weak on a relative basis during July, regained its leadership role, spiking more than 1% and doubling the performance of its other major index counterparts... Read More