Trading Places with Tom Bowley December 31, 2019 at 11:36 AM
Executive Market Summary Futures were relatively flat today, but we have seen some slight selling to close out a very solid 2019 Small and mid caps are leading on a relative basis and clinging to fractional gains All sectors are fairly flat to close out the year Gold ($GOLD) and ... Read More
Trading Places with Tom Bowley December 30, 2019 at 12:00 PM
Executive Market Summary Futures were slightly higher this morning Sellers have dominated the action since the opening bell, although small caps are bucking the trend and slightly higher Financials (XLF) are unchanged and the relative leader today Energy (XLE) and healthcare (XLV... Read More
Trading Places with Tom Bowley December 28, 2019 at 11:06 AM
Whether a group looks strong or weak can easily be debated and it's what makes the stock market go round and round. Nondurable household products is one example... Read More
Trading Places with Tom Bowley December 27, 2019 at 09:35 AM
Executive Market Summary Pre-market action is pointing to another strong open as the year end rally continues Dow Jones futures are pointing an 80 point gain at the open and NASDAQ futures are showing relative strength once again A couple smaller biotechs - Flexion Therapeutics (... Read More
Trading Places with Tom Bowley December 26, 2019 at 11:26 AM
Executive Market Summary We're up again today with leadership from the NASDAQ; small caps lag Most sectors are higher with technology (XLK) showing a slight lead Apple's (AAPL) leadership is helping the NASDAQ and computer hardware ($DJUSCR) Banks ($DJUSBK) are strong with the 10... Read More
Trading Places with Tom Bowley December 24, 2019 at 11:54 AM
Executive Market Summary Today is an abbreviated session with the equity market closing at 1pm EST; many global equity markets are closed today Wall Street opened slightly higher, but has been trading near the flat line There are no economic reports of significance due out today ... Read More
Trading Places with Tom Bowley December 23, 2019 at 12:35 PM
Note During the holidays, I'll be publishing my EarningsBeats.com Daily Market Report here in my Trading Places blog. I hope you enjoy it... Read More
Trading Places with Tom Bowley December 22, 2019 at 12:17 PM
I established an Aggressive portfolio of 10 equal-weighted stocks in 10 different industry groups on May 19th. Every 3 months thereafter, on August 19th and then again on November 19th, I repositioned the portfolio with new relative leaders... Read More
Trading Places with Tom Bowley December 20, 2019 at 09:31 AM
Records continue to fall every day. The S&P 500 has now gained 350 points off its October 3rd low. I don't know if it's going to stop any time soon, so I'd want to remain fully invested, especially given the tremendous bullish historical period that we're in... Read More
Trading Places with Tom Bowley December 18, 2019 at 08:29 AM
If you're trying to think of the best performing semiconductor stock ($DJUSSC), you're heading in the right direction. The DJUSSC has been outstanding throughout much of 2019, gaining nearly 50%, rising from 2888 to 4234 at yesterday's close... Read More
Trading Places with Tom Bowley December 16, 2019 at 08:34 AM
One week ago, I indicated that I'd have 5 trading candidates for anyone who signed up for a $7 30-day trial. It was similar to the Monday Setups that I had previously provided on MarketWatchers LIVE, the flagship StockCharts TV show that I had hosted for two years... Read More
Trading Places with Tom Bowley December 14, 2019 at 12:07 PM
I am extremely bullish as we head into 2020. Everything is lining up, but there are two factors that I believe will help us help our members - both professionals and individual traders. First, the Fed has finally moved into the dovish position it should have been in one year ago... Read More
Trading Places with Tom Bowley December 13, 2019 at 10:16 AM
It made sense to underweight healthcare (XLV) throughout much of 2019, but that's no longer the case. In fact, my proprietary momentum ranking system ranks healthcare behind only technology (XLK) and financials (XLF) in terms of sector momentum... Read More
Trading Places with Tom Bowley December 11, 2019 at 08:25 AM
It wasn't too long ago that no one wanted to own a drug retailer ($DJUSRD), but after the group pushed to 9 month absolute and relative highs, a few stocks in the group suddenly became fashionable once again. Perhaps the biggest turnaround came in the form of PetMed Express, Inc... Read More
Trading Places with Tom Bowley December 09, 2019 at 08:24 AM
The S&P 600 Small Cap Index ($SML) broke out again on Friday, closing above 1000 for the first time since October 9, 2018. Its all-time high close is 1098, so the index still has a lot of work to do. I believe this work is likely to be done quickly, however... Read More
Trading Places with Tom Bowley December 06, 2019 at 09:37 AM
My favorite ratio to watch in order to gauge the market's appetite for growth stocks is the Russell 1000 Growth ETF vs. the Russell 1000 Value ETF (IWF:IWD). When this ratio is moving higher, we want our portfolio to be weighted more toward growth... Read More
Trading Places with Tom Bowley December 04, 2019 at 08:20 AM
I have found there are no guarantees when it comes to earnings and how a company will report. We can make educated guesses, though, especially when you consider that Wall Street has access to management teams before their "quiet period"... Read More
Trading Places with Tom Bowley December 02, 2019 at 08:17 AM
Welcome to December! It's hard to believe we're one month away from a new year and a new decade. While 2019 has been exciting for investors and traders, recovering from that massive Q4 2018 decline, I believe 2020 will be very solid as well... Read More
