Trading Places with Tom Bowley

Traders Await Fed, Apple Blows Away Estimates

by Tom Bowley

Market Recap for Tuesday, July 30, 2019 For a second straight day, traders opted for safety ahead of today's FOMC policy statement. It was once again apparent in the sector leaderboard, which ended the session on Tuesday as follows: Industrials (XLI, +0... Read More 

Trading Places with Tom Bowley

FOMC Meets, Will They Get It Right This Time?

by Tom Bowley

Market Recap for Monday, July 29, 2019 I am not at all surprised by Wall Street's action on Monday... Read More 

Trading Places with Tom Bowley

The Stars Are Aligning; Look Out Above

by Tom Bowley

Market Recap for Friday, July 26, 2019 Communication services (XLC, +2.86%) exploded higher on Friday, thanks in large part to a blowout quarterly earnings report from Alphabet (GOOGL, +9.62%) after the bell on Thursday... Read More 

Trading Places with Tom Bowley

My Philosophy: Creating Portfolios To Beat The Benchmark S&P 500

by Tom Bowley

That is my #1 goal. If I didn't believe I could beat the S&P 500, I'd simply buy the SPY (ETF that tracks the S&P 500) and call it a day. But I know I can beat the S&P 500 performance and you can too. Beginning in November 2018, I created my Model Portfolio... Read More 

Trading Places with Tom Bowley

Blowout Earnings Overnight To Lift U.S. Equities

by Tom Bowley

Market Recap for Thursday, July 25, 2019 Dow Holdings (DOW, -3.83%) and Boeing (BA, -3.69%) weighed on the Dow Jones ($INDU, -0.47%) on Thursday, but this index of conglomerates still managed to outperform its major index counterparts... Read More 

Trading Places with Tom Bowley

Earnings And Semiconductors Drive New Record Highs

by Tom Bowley

Special Note I will be joining John Hopkins of EarningsBeats.com for a webinar on Monday, July 29th after the bell. It's the quarterly earnings webinar where I'll point out some of the biggest winners of earnings season to date... Read More 

Trading Places with Tom Bowley

Facebook, Internet Stocks Looking To Provide Catalyst For Big Market Advance

by Tom Bowley

Market Recap for Tuesday, July 23, 2019 Utilities (XLU, -0.63%) was the only sector to end Tuesday's session in negative territory as most groups and stocks advanced. The XLU has been faltering on a relative basis ever since the overall market bottomed in early June... Read More 

Trading Places with Tom Bowley

Truckers And Airlines Sending Bullish Market Signal

by Tom Bowley

Market Recap for Monday, July 22, 2019 Technology (XLK, +1.15%) was the undisputed leader on Monday, helping the NASDAQ gain 0.71% and within 1% of its all-time high... Read More 

Trading Places with Tom Bowley

Keep An Eye On Short-Term NASDAQ Support In This Zone

by Tom Bowley

Market Recap for Friday, July 19, 2019 Wall Street finished on a very weak note on Friday as hopes for a 50 basis point reduction in the fed funds rate decreased. There is now a much stronger likelihood of a 25 basis point drop when the Fed meets for two days next week... Read More 

Trading Places with Tom Bowley

Netflix (NFLX) Gets Crushed And Here Was Our Clue

by Tom Bowley

Special Note I'm on vacation this week so I'm writing brief articles and in a different format. There will be no article tomorrow, Friday, July 19th... Read More 

Trading Places with Tom Bowley

Scanning For High SCTRs And Dividend Yield

by Tom Bowley

Special Note I'm on vacation this week, so my articles are in a different format and generally shorter. There will be no blog article on Friday. I've created three portfolios over the past year... Read More 

Trading Places with Tom Bowley

We're Off To The Races If These 3 Break Out

by Tom Bowley

Special Note I'm on vacation this week so I'll post mostly abbreviated articles. There will be no blog article on Friday... Read More 

Trading Places with Tom Bowley

Transports Soar To Lift Wall Street To Yet Another Record

by Tom Bowley

Special Note I am on vacation this week so I'll post mostly abbreviated blog articles. There will be no blog article on Friday morning. Market Recap for Friday, July 12, 2019 Industrials (XLI, +1.75%) powered our major indices to fresh new all-time highs... Read More 

Trading Places with Tom Bowley

It Was A Record-Breaking Day On Wall Street

by Tom Bowley

Market Recap for Thursday, July 11, 2019 Dow Jones ($INDU, +0.85%) 27000 is in the record books as another milestone has been reached on Wall Street. The S&P 500 ($SPX, +0.23%) also set another record high close, but fell just short of closing above the psychological 3000 level... Read More 

Trading Places with Tom Bowley

Why The Bullish Argument REQUIRES Strengthening Of Transportation Stocks

by Tom Bowley

Market Recap for Wednesday, July 10, 2019 The S&P 500 ($SPX, +0.45%) surpassed 3000 on an intraday basis for the first time in history on Wednesday, although it failed to close there. Permabears don't understand how this is even possible, with the ongoing trade war and all... Read More 

Trading Places with Tom Bowley

Will The FAANG Stocks Report Blowout Earnings? 2 Will, But Not This One

by Tom Bowley

Market Recap for Tuesday, July 9, 2019 Despite the Dow Jones ($INDU, -0.08%) finishing in negative territory, I'd argue it was a pretty solid day on Wall Street. All of our major indices opened lower, but there was buying throughout the session, much like Friday... Read More 

Trading Places with Tom Bowley

Apple Downgraded To Sell, Likely Becomes A Buy

by Tom Bowley

Market Recap for Monday, July 8, 2019 Materials (XLB, -1.15%) led the Monday decline as the U.S. Dollar Index ($USD, +0.10%) extended its recent gains, climbing for the 7th time in the last 9 sessions... Read More 

Trading Places with Tom Bowley

Leading 1st Half Industry Group Breaks Out Again

by Tom Bowley

Market Recap for Friday, July 5, 2019 The small cap Russell 2000 ($RUT, +0.22%) led bifurcated action on a very quiet Friday as many market participants were on an extended vacation spanning the July 4th holiday. Strength was seen in financials (XLF, +0... Read More 

Trading Places with Tom Bowley

Dow Jones Sets New Record To Join S&P 500

by Tom Bowley

Market Recap for Wednesday, July 3, 2019 26 of 30 Dow Jones component stocks advanced as the most widely known stock index set all-time intraday and closing highs one day before Independence Day and during an abbreviated session... Read More 

Trading Places with Tom Bowley

S&P 500 Sets A New All-Time High; Get Used To It

by Tom Bowley

Market Recap for Tuesday, July 2, 2019 I saw a headline Tuesday morning when all of our major indices were lower that suggested "renewed trade fears" were impacting the stock market in negative fashion... Read More 

Trading Places with Tom Bowley

Semiconductor Stocks Open Door To Further Gains

by Tom Bowley

Market Recap for Monday, July 1, 2019 The S&P 500 ($SPX, +0.77%) closed once again at an all-time high and all of our major indices ended Monday's session with gains. Leadership came in the form of the NASDAQ, which rang up a 1.06% gain... Read More 

Trading Places with Tom Bowley

2019 Second Half Outlook Plus 8 Monday Setups

by Tom Bowley

Market Recap for Friday, June 28, 2019 I'm posting this early (and on Sunday) this week because I did a lot of chart-reviewing this weekend and there's a lot to digest here... Read More