Trading Places with Tom Bowley

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Watch This Transportation Ratio Very, Very Closely

by Tom Bowley

Market Recap for Monday, April 29, 2019 A bull market is comprised of a number of things, but two are wide participation and rotation of strength. We've been seeing both. Yesterday, it was financials (XLF, +1.01%) and communication services (XLC, +0... Read More 

Trading Places with Tom Bowley

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Ford Lifts Autos, Healthcare Advances, And Consumer Stocks Bullish

by Tom Bowley

Market Recap for Friday, April 26, 2019 When was the last time I suggested Ford Motor Co (F, +10.74%) was a catalyst for any bull market advance? Ummm, probably never... Read More 

Trading Places with Tom Bowley

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Structuring A Sound Trade And Avoiding The Relative Bear Market In Materials

by Tom Bowley

Market Recap for Thursday, April 25, 2019 Strong earnings from Microsoft (MSFT, +3.31%) and Facebook (FB, +5.85%) lifted the NASDAQ to gains on Thursday, while broader market bearishness carried the other major indices to losses. 3M Co (MMM, -12... Read More 

Trading Places with Tom Bowley

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Industrials Set To Record All-Time Highs

by Tom Bowley

Note If you enjoy my daily blog articles, please subscribe (for FREE!) below. Simply scroll to the bottom of this article, type in your email address in the space provided and click the green "Subscribe" button... Read More 

Trading Places with Tom Bowley

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NASDAQ Breaks Out, Sets New All-Time High

by Tom Bowley

Market Recap for Tuesday, April 23, 2019 The small cap Russell 2000 led our major indices higher, gaining 1.61%, but the day clearly belonged to the NASDAQ, which not only climbed 1.32%, but broke to new all-time intraday and closing highs. The NASDAQ pierced the 8109... Read More 

Trading Places with Tom Bowley

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Crude Oil Surge Sends Energy Shares Higher

by Tom Bowley

Market Recap for Monday, April 22, 2019 I'm sure you've noticed it at the pump lately. Gas prices are rising. Yesterday, crude oil prices ($WTIC, +2... Read More 

Trading Places with Tom Bowley

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An Analysis Of Financials And Why We're Going Higher

by Tom Bowley

Market Recap for Thursday, April 18, 2019 Railroads ($DJUSRR, +2.37%) were led higher by Union Pacific's (UNP, +4.36%) strong quarterly earnings report and outlook. The DJUSRR has been a leader among industrials (XLI, +1... Read More 

Trading Places with Tom Bowley

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Clothing Stocks Gearing Up For Q2

by Tom Bowley

Market Recap for Wednesday, April 17, 2019 We saw mixed trading on Wednesday with the benchmark S&P 500 falling 0.23% to end the session at 2900, still roughly 1.5% beneath the all-time high set in 2018. Technology (XLK, +0.56%) and consumer staples (XLP, +0... Read More 

Trading Places with Tom Bowley

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Respect That 2940 Top On The S&P 500

by Tom Bowley

Market Recap for Tuesday, April 16, 2019 It was just another day of boring gains. But that's what happens during bull market advances. The Volatility Index ($VIX, -1.14%) drifts lower and stock prices edge higher... Read More 

Trading Places with Tom Bowley

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Rotation To Defense Isn't A Bad Thing

by Tom Bowley

Market Recap for Monday, April 15, 2019 Defensive groups took their turn leading the stock market, but on a down day that is generally to be expected. Consumer staples (XLP, +0.59%) and healthcare (XLV, +0.40%) were the two leading groups, while financials (XLF, -0... Read More 

Trading Places with Tom Bowley

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All-Time Highs Approaching Plus 10 Trade Setups

by Tom Bowley

Market Recap for Friday, April 12, 2019 Who thought at our December low that the S&P 500 would rally well over 20% to above 2900 and within 1% of our all-time high in less than four months? Not this guy... Read More 

Trading Places with Tom Bowley

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J.P. Morgan Beats Earnings Expectations

by Tom Bowley

Market Recap for Thursday, April 11, 2019 U.S. equities finished in bifurcated fashion as a late day rally enabled the S&P 500 to eke out a miniscule 0.11 point gain (+0.00%). The other major indices finished in negative territory, led by the 0.21% decline in the NASDAQ... Read More 

Trading Places with Tom Bowley

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S&P 500 Channel Suggests We'll Bust Through 3000

by Tom Bowley

Market Recap for Wednesday, April 10, 2019 Small cap stocks enjoyed a huge day, carrying Wall Street higher. The Russell 2000 surged 1... Read More 

Trading Places with Tom Bowley

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Financials Do Have Pockets Of Strength

by Tom Bowley

Market Recap for Tuesday, April 9, 2019 Profit taking dominated Tuesday's action with the small cap Russell 2000 leading the list of losers, dropping 1.22%. But sellers were most everywhere as the Dow Jones, S&P 500 and NASDAQ fell 0.72%, 0.61% and 0.56%, respectively... Read More 

Trading Places with Tom Bowley

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Energy At 5 Month High As Crude Prices Surge

by Tom Bowley

Market Recap for Monday, April 8, 2019 Crude oil prices ($WTIC, +2.09%) surged once again on Monday, and have now climbed 50% off their December low. While energy (XLE, +0.44%) has been a major beneficiary, as we would expect, the XLE has been mired in a downtrend vs... Read More 

Trading Places with Tom Bowley

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Energy Rebounds Plus 10 Trade Setups For Today

by Tom Bowley

Market Recap for Friday, April 5, 2019 Energy stocks (XLE, +1.76%) were the clear leader on Friday as Wall Street climbed once again. Recently, crude oil prices ($WTIC, +1... Read More 

Trading Places with Tom Bowley

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Nonfarm Payrolls Hit A Sweet Spot This Morning

by Tom Bowley

Market Recap for Thursday, April 4, 2019 Our major indices rallied again on Thursday with the benchmark S&P 500 rising for a 6th consecutive session and closing at a 2019 high. The S&P 500's close of 2879 was just 61 points shy of the all-time high of 2940... Read More 

Trading Places with Tom Bowley

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REITs Have Been Strong And This Group Loves April

by Tom Bowley

Market Recap for Wednesday, April 3 Stocks rallied again on Wednesday, primarily on the heels of materials (XLB, +1.31%) and technology (XLK, +0.81%). The former saw relative strength in both commodity chemicals ($DJUSCC, +1.77%) and specialty chemicals ($DJUSCX, +1.39%)... Read More 

Trading Places with Tom Bowley

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Internet Stocks Looking Good In A Variety Of Relative Strength Ways

by Tom Bowley

Market Recap for April 2, 2019 The NASDAQ was mostly higher and strengthening throughout the session on Tuesday as internet stocks ($DJUSNS, +1.41%) continued their recent advance to challenge 2019 highs. Facebook (FB, +3... Read More 

Trading Places with Tom Bowley

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Financials Benefiting From Rising Treasury Yields

by Tom Bowley

Market Recap for Monday, April 1, 2019 U.S. equities had a stunning first quarter and Monday was an encore to open up Q2. Keep in mind that we’ve entered the most bullish period within April historically as the NASDAQ has produced annualized returns of +21... Read More 

Trading Places with Tom Bowley

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Key Relative Strength Signs Pointing To Higher Equity Prices

by Tom Bowley

Market Recap for Friday, March 29, 2019 The U.S. stock market rallied on Friday, putting an exclamation point on its best calendar quarter in 10 years. Of course, this strength came on the heels of an incredibly dismal quarter to end 2018. Healthcare (XLV, +1... Read More