Trading Places with Tom Bowley

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China Blinks First, U.S. Equities Rally

by Tom Bowley

Market Recap for Thursday, August 29, 2019 Well, thank you China. On Thursday morning, China pledged a calmer approach to the trade war and indicated they would not retaliate for the latest tariffs imposed by the U.S. At least not now... Read More 

Trading Places with Tom Bowley

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Consumer Strength Is Real, PLUS A Personal Announcement

by Tom Bowley

Market Recap for Wednesday, August 28, 2019 10 of 11 sectors advanced in a broad-based rally on Wednesday that carried the Dow Jones higher by 1%. The small cap Russell 2000, a major laggard in 2019, rose 1.15% in a rare day of outperformance. Energy (XLE, +1... Read More 

Trading Places with Tom Bowley

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Volatility And Treasury Yields: The Two Beasts Of Burden

by Tom Bowley

Market Recap for Tuesday, August 27, 2019 U.S. equities were strong out of the gate on Tuesday, but had little follow-through as sellers re-emerged. Early gains on our major indices quickly vanished and these key indices were left trying to minimize losses into the close... Read More 

Trading Places with Tom Bowley

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Here's The Driving Force Behind My Bullishness

by Tom Bowley

Market Recap for Monday, August 26, 2019 All eleven sectors advanced on Monday as U.S. equities staged a rally following Friday's selloff. It wasn't overly impressive in my view as most of the gains came at the opening bell... Read More 

Trading Places with Tom Bowley

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Trade War Escalates, Key Price Support Revisited

by Tom Bowley

Market Recap for Friday, August 23, 2019 Friday was another trade war disaster. It's almost as if we're getting numb to it. Dow Jones down 600. Ho-hum... Read More 

Trading Places with Tom Bowley

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Summing Up The Transportation Group And Its Impact

by Tom Bowley

Market Recap for Thursday, August 22, 2019 U.S. equities began Thursday on mostly a positive note, but reservations from Fed officials and a manufacturing report that showed weakness weighed on sentiment as stocks gave back earlier gains, finishing mixed... Read More 

Trading Places with Tom Bowley

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Target And Lowes Deliver The Goods; Equities Surge

by Tom Bowley

Market Recap for Wednesday, August 21, 2019 It was a big day for broadline retail ($DJUSRB, +1.91%) and home improvement ($DJUSHI, +3.68%) as strong earnings from Target (TGT, +20.43%) and Lowes Companies (LOW, +10... Read More 

Trading Places with Tom Bowley

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Tuesday's Weak Close Has Very Little Impact On Market Outlook

by Tom Bowley

Market Recap for Tuesday, August 20, 2019 It was another day of consolidation for U.S. equities. That's not a bad thing. Let's establish a base, allowing the weak hands to get out before the next push higher. If we break those recent lows, we'll re-evaluate the near-term outlook... Read More 

Trading Places with Tom Bowley

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A Birds-Eye View Of The S&P 500 Weekly Chart; The Bulls Are In Charge

by Tom Bowley

Market Recap for Monday, August 19, 2019 The S&P 500 rallied for a third consecutive day, this time rising 1.21% and closing back above its 20 day EMA for the first time in August... Read More 

Trading Places with Tom Bowley

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A Mystery Group Emerges To Lead Friday's Stock Market Rally

by Tom Bowley

Special Event Today Every quarter, I announce my Top 10 Stocks (equally-weighted) for my Model, Aggressive and Income portfolios. Today's the day! It all starts at 4:30pm EST. CLICK HERE for portfolio performance and registration information... Read More 

Trading Places with Tom Bowley

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The Results Are In, Here Are The Winners And Losers

by Tom Bowley

Monday will mark the end of my third quarter of performance for the Model Portfolio. I've easily surpassed the benchmark S&P 500 in each quarter and this last quarter was certainly no exception. The average return of the 10 equal-weighted stocks in this portfolio was 12.90%... Read More 

Trading Places with Tom Bowley

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Why Looking At Germany Provides Us An S&P 500 Crystal Ball

by Tom Bowley

Market Recap for Thursday, August 15, 2019 There were a ton of economic reports out on Thursday, mostly positive, and that seemed to slow the onslaught of selling as our major indices finished mixed on the session. Walmart, Inc. (WMT, +6... Read More 

Trading Places with Tom Bowley

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Futures Rally As Wall Street Tries To Show A Little "Sole"

by Tom Bowley

Special Event I am hosting a HUGE event on Monday, August 19th at 4:30pm EST as I release my Top 10 Stocks for my Model, Aggressive and Income portfolios... Read More 

Trading Places with Tom Bowley

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Tuesday Was Nothing More Than A Bounce In A Market Downtrend

by Tom Bowley

Market Recap for Tuesday, August 13, 2019 I received an email the other day after I discussed the rising volatility ($VIX) and likely move lower and it stated "Tom, I thought you were bullish. Why the bearish view now?"... Read More 

Trading Places with Tom Bowley

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Starting To Shape Up Like An ABC Correction

by Tom Bowley

Market Recap for Monday, August 12, 2019 The flight to safety was clear on Monday. The 10 year treasury yield ($TNX) tumbled once again, falling 9 basis points to 1.63%, inching closer and closer to the historic TNX lows that were set in 2012 and 2016... Read More 

Trading Places with Tom Bowley

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Energy Failing To Show Absolute Or Relative Strength....With One Exception

by Tom Bowley

Special Note If you didn't have a chance to read my blog post from Saturday, "I'm Returning To My Roots At EarningsBeats.com", be sure to check it out. I'll be explaining a lot more about my decision and discussing my three portfolios in a webinar this afternoon at 4:30pm EST... Read More 

Trading Places with Tom Bowley

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I'm Returning To My Roots At EarningsBeats.com!

by Tom Bowley

Wow, it's been a great ride here at StockCharts.com! The ride's not completely over, but I'm making a big change (and with mixed emotions) as I leave my role as Sr. Technical Analyst at StockCharts.com, effective September 15, 2019, and return to EarningsBeats... Read More 

Trading Places with Tom Bowley

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It's Make Or Break Time For Telecommunications Equipment Stocks

by Tom Bowley

Market Recap for Thursday, August 8, 2019 Thursday was a trend day for U.S. stocks, one in which the action was positive from start to finish. It's generally viewed bullishly and as a sign of accumulation... Read More 

Trading Places with Tom Bowley

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This Is How To Pick Relative Strength Stocks To Improve Your Performance

by Tom Bowley

Market Recap for Wednesday, August 7, 2019 It appeared as though we were heading for another big down day as our major indices opened down 2% or thereabouts. There was a huge rush into treasuries with the 10 year treasury yield ($TNX) dropping to an almost unfathomable 1... Read More 

Trading Places with Tom Bowley

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The S&P 500 Must Clear These 3 Levels

by Tom Bowley

Market Recap for Tuesday, August 6, 2019 Ok, let's start with the good news. Our major indices all finished higher on Tuesday, rebounding from their worst day of 2019. Every sector except energy (XLE, -0... Read More 

Trading Places with Tom Bowley

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Selloffs Are All About Emotion; Watch These Sentiment Readings

by Tom Bowley

Market Recap for Monday, August 5, 2019 It was a very bad day on Wall Street with our major indices having their worst day of 2019. Panic is setting in as the U.S. and China shoot trade war bullets back and forth at each other. China's Shanghai Composite ($SSEC, -1... Read More 

Trading Places with Tom Bowley

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Growing Cautious Is Fine, But I'd Avoid Being Bearish

by Tom Bowley

Market Recap for Friday, August 2, 2019 The latest nonfarm payrolls report came in, but quite honestly no one seemed to care. The Fed has already said its piece and was rather noncommittal to another rate cut and both bond and equity markets are fixated on the US-China trade war... Read More 

Trading Places with Tom Bowley

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Three Tweets And You're OUT

by Tom Bowley

Market Recap for August 1, 2019 Today's article will be very brief. The whole Fed deal and now another trade tweet. Really? Can we all just get along? It reminds me of that old Jackson 5 song, Rockin Robin (sing along if you'd like...... Read More 

Trading Places with Tom Bowley

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Fed Lowers Rates, But Creates Utter Confusion; Thanks For Nothing

by Tom Bowley

Market Recap for Wednesday, July 31, 2019 To say that this current Fed is transparent would be the equivalent of saying I'm a marine biologist (a Seinfeldism for those of you that are fans)... Read More