Trading Places with Tom Bowley

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Utilities Is The Lone Bullish Sector As We Move Into 2019

by Tom Bowley

Market Recap for Friday, December 28, 2018 Let's start with the bright spots from Friday's market action. The more aggressive NASDAQ and Russell 2000 ended the session in positive territory, gaining 0.08% and 0.46%, respectively... Read More 

Trading Places with Tom Bowley

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Afternoon Strength Lifts Wall Street For 2nd Consecutive Session

by Tom Bowley

Market Recap for Thursday, December 27, 2018 The final two hours on Wall Street yesterday was quite the finish. After languishing deep in red territory throughout much of the session, the bulls took complete charge into the close... Read More 

Trading Places with Tom Bowley

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Support Has Been Established, Now How High Might We Bounce?

by Tom Bowley

Market Recap for Wednesday, December 26, 2018 After gapping higher on Wednesday, our major indices retreated initially to lose all of its opening gains... Read More 

Trading Places with Tom Bowley

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We're Nearing Our First Major Bear Market Bottom

by Tom Bowley

Market Recap for Monday, December 24, 2018 It was an abbreviated session on Monday, but the losses were not abbreviated. The Dow Jones lost another 653 points, or 2.91%, while the S&P 500, NASDAQ and Russell 2000 posted losses of 2.71%, 2.21% and 1.95%, respectively... Read More 

Trading Places with Tom Bowley

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"How The Grinch Stole Christmas" Featuring Jerome Powell

by Tom Bowley

Market Recap for Friday, December 21, 2018 Growth stocks remain under significant pressure as the stock market is quickly repricing them based on bear market rules... Read More 

Trading Places with Tom Bowley

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We're Looking At A Category 3 Stock Market Hurricane Making Landfall

by Tom Bowley

Market Recap for Thursday, December 20, 2018 If you haven't noticed, I use a lot of weather analogies in describing the stock market. It's by design as forecasting the stock market has a lot of similarities to forecasting the weather... Read More 

Trading Places with Tom Bowley

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Fed Hikes, Promises More In 2019; Banks In Big Trouble

by Tom Bowley

Market Recap for Wednesday, December 19, 2018 This was a Fed day that could have lasting damaging effects. Fed Chair Jerome Powell and his band of cronies decided to ignore the one piece of data that's probably the best leading indicator - the U.S. stock market... Read More 

Trading Places with Tom Bowley

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On Fed Day, The Treasury Market Is Painting A Bearish Picture

by Tom Bowley

Special Event At 4:30pm EST today, I'll be joining John Hopkins, President of EarningsBeats.com, for a special "2019 Stock Market Outlook" webinar... Read More 

Trading Places with Tom Bowley

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It Was Just Another Manic Monday

by Tom Bowley

Market Recap for Monday, December 17, 2018 Every component stock in the Dow Jones Industrial Average fell on Monday as the index dropped another 500 points... Read More 

Trading Places with Tom Bowley

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S&P 500 Nearing Significant Breakdown, Bull Market Running Out Of Steam

by Tom Bowley

Market Recap for Friday, December 14, 2018 The U.S. stock market suffered another big blow to its current 9+ year bull market on Friday. Culprits for the selling included Johnson & Johnson (JNJ, -10.30%) in the healthcare space (XLV, -3... Read More 

Trading Places with Tom Bowley

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Here's A Bear Market Chart You Can't Afford To Miss!

by Tom Bowley

Market Recap for Thursday, December 13, 2018 The U.S. stock market attempted to stage rallies on Thursday, initially in the morning session and then again in the final hour... Read More 

Trading Places with Tom Bowley

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A Great Day Turns Good With Afternoon Selling; Internet Stocks Bottoming?

by Tom Bowley

Market Recap for Wednesday, December 12, 2018 The opening gap higher on Wednesday added to the recent stock market advance and the bulls stretched those early morning gains into the afternoon session... Read More 

Trading Places with Tom Bowley

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Early Gains Wiped Out As U.S. Equities Finish In Bifurcated Fashion

by Tom Bowley

Market Recap for Tuesday, December 11, 2018 Volatile action on Tuesday resulted in a bifurcated market. The NASDAQ managed to cling to gains at the close, while the Dow Jones, S&P 500 and Russell 2000 saw early morning gains turn into losses by the close... Read More 

Trading Places with Tom Bowley

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S&P 500 Touches MAJOR Price Support; One Ingredient Missing For Bear Market

by Tom Bowley

Market Recap for Monday, December 10, 2018 Yesterday was significant for one very important technical development. The February 2018 low close of 2582 was within a whisker on Monday as the S&P 500 hit an intraday low of 2583 before rallying strongly. Technology (XLK, +1... Read More 

Trading Places with Tom Bowley

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Falling Transports Lead To Further Losses On Wall Street

by Tom Bowley

Market Recap for Friday, December 7, 2018 Friday marked the end of a rough day and a rough week for U.S. equities. Strength was found in utilities (XLU, +0.37%), the only sector to end in positive territory to close out the week. Gold miners ($DJUSPM, +2... Read More 

Trading Places with Tom Bowley

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Big Recovery Temporarily Halts Slide; Nonfarm Payrolls Weak

by Tom Bowley

Market Recap for Thursday, December 6, 2018 The Dow Jones and S&P 500 were both on a crash course for key February price support until buyers re-emerged just past 11am EST... Read More 

Trading Places with Tom Bowley

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U.S. Stock Futures Plummeting; Caution Is The Word

by Tom Bowley

Market Recap for Wednesday, December 5, 2018 The U.S. stock market was closed. Pre-Market Action U.S. futures look set to continue Tuesday's rout. The 10 year treasury yield ($TNX) is lower by 3 basis points to 2.89% as money seeks out safety in the defensive bond market... Read More 

Trading Places with Tom Bowley

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Impulsive Selling Dominates, Dow Jones Drops 800....What Does It Mean?

by Tom Bowley

Market Recap for Tuesday, December 4, 2018 Don't be swayed by market commentary that discusses lack of volume yesterday as a positive. First of all, the Dow Jones fell 800 points... Read More 

Trading Places with Tom Bowley

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As We Head Into Winter, We Should Buy.....Home Construction Stocks?

by Tom Bowley

Market Recap for Monday, December 3, 2018 Global stocks were buoyed on Monday by the United States and China agreeing to delay further tariffs for 90 days to provide the two countries an opportunity to work through its trade differences... Read More 

Trading Places with Tom Bowley

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Here's A Bear Market Signal That's Yet To Turn Bearish

by Tom Bowley

Market Recap for Friday, November 30, 2018 Friday's strength capped off a very solid week for the bulls, one in which the Dow Jones gained more than 1250 points. Strength was found everywhere although healthcare (XLV, +2.03%) and utilities (XLU, +1... Read More