Trading Places with Tom Bowley

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NASDAQ Breaks Out Again; 2 Stocks To Consider NOW

by Tom Bowley

U.S. equities are wrapping up the first quarter in grand style. The QQQ, which tracks the NASDAQ 100, is zeroing in on a 20% gain for the quarter, as I write this. We saw a huge rally in January 2023 and strong Januarys usually suggest a strong year ahead... Read More 

Trading Places with Tom Bowley

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The NASDAQ Is Eyeing a Major Breakout Level

by Tom Bowley

Ultimately, breaking out above the August 2022 high represents the key level to reverse the downtrend that began in early-January 2022... Read More 

Trading Places with Tom Bowley

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The Bears Are On Life Support And Hoping For A Fed Miracle

by Tom Bowley

The end is at hand. Bears, just surrender now. Since the mid-June low (where I called the S&P 500 bottom), we've seen the fed funds rate jump from 1.00% to 4.75%... Read More 

Trading Places with Tom Bowley

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Technology Resets PPO, Now Rolling; Fed Should Pause

by Tom Bowley

I remain extremely bullish stocks the balance of 2023 and into 204, but I've been a little short-term cautious the overall market since mid-February, but bullish signals are beginning to emerge once again. The most important sector, in my opinion, is technology (XLK)... Read More