Trading Places with Tom Bowley

This Bottoming Head & Shoulders Pattern Is Set To Explode!

by Tom Bowley

I'm a big believer in patterns. I follow continuation patterns primarily, because I'm a momentum trader. So as stocks consolidate, I try to identify the pattern that shapes in order to gain insight into a possible measurement... Read More 

Trading Places with Tom Bowley

Jinko Solar (JKS) Soars After Beating Estimates

by Tom Bowley

Non-StockCharts.com Members EarningsBeats.com members that DO NOT also have a StockCharts.com membership have asked for Excel downloads for use on platforms other than StockCharts.com. Within 24 hours, we will have all of our ChartLists available for Excel download... Read More 

Trading Places with Tom Bowley

The Fed Has Spoken; What Did Wall Street Hear?

by Tom Bowley

The latest FOMC meeting has come and gone. Fed Chair Jay Powell capped it off by recognizing that inflation was hotter than expected and even signaling that the Fed is ready to hike rates by the end of 2023, stepping up its earlier April guidance of "no rates hikes before 2024... Read More 

Trading Places with Tom Bowley

It's Options Expiration Week, Be Careful With This Semiconductor

by Tom Bowley

Listen, NVDA has been one of the strongest market performers in 2021 and I believe there's a very good chance it goes much higher. But if I wanted to buy it, I'd likely wait a week or so... Read More 

Trading Places with Tom Bowley

Weekend Recap: Inflation Soars But Who Cares?

by Tom Bowley

In The News It was a light week for headlines as there wasn't much in the way of either economic or earnings news. Thursday did provide us our next glimpse into the inflation story as May CPI jumped 0.6%, ahead of the 0.4% expectation. That left headline CPI at 5... Read More 

Trading Places with Tom Bowley

Anticipating Where Money May Rotate Next and a Strong Trading Candidate

by Tom Bowley

Catching an industry group as it bottoms and begins to lead the market can be very profitable. We're seeing tons of rotation in the stock market, which is the biggest reason why selling doesn't last long. Money comes out of one group and then rotates into another... Read More 

Trading Places with Tom Bowley

Looking Ahead: What Might June Have in Store?

by Tom Bowley

There are two sides to every coin. Similarly, I can look at the market from an optimistic or pessimistic perspective. Each provides different answers as we look into June 2021. The Bullish View The first reason to be bullish is as simple as it gets... Read More