Trading Places with Tom Bowley

Volatility Index Suggests That Impulsive Selling Could Return

by Tom Bowley

Market Recap for Thursday, November 29, 2018 Before I discuss strength and weakness from the mixed action on Thursday, let me first say that the Volatility Index ($VIX) remains one of my biggest fears about the current state of the market... Read More 

Trading Places with Tom Bowley

U.S. Equities Rally Big Time, But I Remain Very Cautious

by Tom Bowley

Market Recap for Wednesday, November 28, 2018 Wall Street finally (!) had a day where the bulls could smile at 4pm EST. It was a trend day where the buying begins early and continues throughout the trading day... Read More 

Trading Places with Tom Bowley

Here's What's Wrong With Commodities....And Are Renewable Energy Stocks Finally Bottoming?

by Tom Bowley

Market Recap for Tuesday, November 27, 2018 One highlight from Tuesday's action is that the U.S. Dollar ($USD, +0.31%) remains in favor as it nears yet another breakout. This is important on a number of fronts, especially with respect to gold ($GOLD, -0.74%)... Read More 

Trading Places with Tom Bowley

Home Construction Has Bottomed And Here's An Unrelated Stock To Bolster Your Holidays

by Tom Bowley

Market Recap for Monday, November 26, 2018 Yesterday marked the first day in quite awhile where we saw all of our major indices higher, along with all of our sectors. All eleven sectors gained ground, even the defensive sectors - though they lagged badly on a relative basis... Read More 

Trading Places with Tom Bowley

Bears Control The Action Despite Inability To Take Out Major Support

by Tom Bowley

Market Recap for Friday, November 23, 2018 Friday's action was disappointing on a couple of different levels. First, the Friday morning attempt at a rally failed midday and sellers emerged into the close... Read More 

Trading Places with Tom Bowley

Friday After Thanksgiving Generally Belongs To The Bulls

by Tom Bowley

Market Recap for Wednesday, November 21, 2018 Wall Street was mostly higher on Wednesday, although, by just about any other measure, it was a disappointing session... Read More 

Trading Places with Tom Bowley

VIX Hits November High; Apparel Retailers, Railroads Crushed

by Tom Bowley

Market Recap for Tuesday, November 20, 2018 It was another ugly day for U.S. equities as the February price support on our major indices draws closer and closer. Volatility shot higher as panicked, impulsive selling once again gripped Wall Street. Energy (XLE, -3... Read More 

Trading Places with Tom Bowley

Impulsive Selling Returns And VIX Spikes Amid Technology Assault; Futures Tanking

by Tom Bowley

Market Recap for Monday, November 19, 2018 I'd like to say something good about yesterday's action on Wall Street, but I don't think there's anything to be said. Impulsive selling returned with little in the way of a bid on technology stocks (XLK, -3... Read More 

Trading Places with Tom Bowley

Small Caps Need To Hold Onto This Price Support

by Tom Bowley

Special Event Join me and John Hopkins, President of EarningsBeats.com, after the bell today for a 4:30pm EST webinar. I'll be discussing the stocks that I believe represent the best trading opportunities of Q4... Read More 

Trading Places with Tom Bowley

History Supports Bullish Move But Earnings Last Night Could Dampen Bulls' Victory Thursday

by Tom Bowley

Reminder I post a blog article every morning that the stock market is open in a format similar to today's article... Read More 

Trading Places with Tom Bowley

30% Gain From Here Over Next Year Possible? This Chart Says YES

by Tom Bowley

Market Recap for Wednesday, November 14, 2018 In a rare twist, communication services (XLC, +0.49%) was the only sector to gain ground yesterday... Read More 

Trading Places with Tom Bowley

Trade Setup - Tandem (TNDM) In Real Time

by Tom Bowley

From a trading perspective, I wanted to give you a quick idea of what I look for in a trade. I bought Tandem Diabetes Care (TNDM) when it crossed back above 31.21 and I'll hold it unless it closes beneath 31.00 or moves intraday beneath 30.00... Read More 

Trading Places with Tom Bowley

Gold Downtrend Resuming As Is S&P 500's

by Tom Bowley

Market Recap for Tuesday, November 13, 2018 Losses weren't big on Tuesday as the Dow Jones dropped just 0.40% and was the worst performing of our major indices... Read More 

Trading Places with Tom Bowley

Semiconductors Are In A Bear Market, Follow This Trading Range

by Tom Bowley

Market Recap for Monday, November 12, 2018 Welcome back bears. Welcome back volatility. It was another day of steep losses on Wall Street, underscoring the likely end to what the bulls were hoping was a sustainable rally back to recent highs... Read More 

Trading Places with Tom Bowley

Are Copper Prices Signaling S&P 500 Bear Market Like In Prior Years?

by Tom Bowley

Market Recap for Friday, November 9, 2018 There was a return of strength in defensive sectors on Friday as consumer staples (XLP, +0.58%), utilities (XLU, +0.15%) and real estate (XLRE, +0.12%) were the only sectors to finish the session in positive territory... Read More 

Trading Places with Tom Bowley

S&P 500 Hesitates At Next Key Price Resistance

by Tom Bowley

Market Recap for Thursday, November 8, 2018 Well, another Fed day has come and gone. The FOMC ended its two day meeting and left rates unchanged, as expected. It promised, however, further gradual increases. If you recall, the spike in the 10 year treasury yield ($TNX) to 3... Read More 

Trading Places with Tom Bowley

Very Bullish Sector Rotation Underscores Dow's 500 Point Gain

by Tom Bowley

Market Recap for Wednesday, November 7, 2018 The Dow Jones surged 545 points, or 2.13%, yesterday and that index of conglomerates was a laggard. NASDAQ stocks exploded nearly 200 points higher, or 2.64%, to extend what's been a very impressive rally after October's massacre... Read More 

Trading Places with Tom Bowley

Railroads Provide Us Market Clues And Right Now They're Bullish

by Tom Bowley

Market Recap for Tuesday, November 6, 2018 All eleven sectors rose on Tuesday with materials (XLB, +1.64%) leading as the U.S. Dollar Index ($USD) closed at its lowest level in nearly two weeks. All of our major indices had similar gains, from 0.55% to 0.68%, as U.S... Read More 

Trading Places with Tom Bowley

Bulls Avert Near-Term Breakdown But Caution Prevails

by Tom Bowley

Market Recap for Monday, November 5, 2018 Bifurcated market action dominated on Monday. The Dow Jones and S&P 500 gapped higher and traded higher throughout nearly all of the session... Read More 

Trading Places with Tom Bowley

Transports Are A Big Deal And Here's What The Chart Is Saying

by Tom Bowley

Market Recap for Friday, November 2, 2018 Traders were anxiously awaiting jobs data last week. First, it was a solid ADP employment report on Wednesday morning that helped to lift U.S. equities... Read More 

Trading Places with Tom Bowley

Apple (AAPL) Disappoints, But Nonfarm Payrolls Soar Past Estimates

by Tom Bowley

Market Recap for Thursday, November 1, 2018 The U.S. Dollar Index ($USD) absorbed its largest decline in several months and that finally triggered buying in the materials sector (XLB, +2.81%)... Read More 

Trading Places with Tom Bowley

Software Hits Key Resistance....And Fails; S&P 500 Shares Similar Fate

by Tom Bowley

Market Recap for Wednesday, October 31, 2018 Let's start with the positives from Wednesday's action. First, all of our major indices rebounded and finished higher on the session, led by the more aggressive NASDAQ and NASDAQ 100... Read More