Trading Places with Tom Bowley June 30, 2024 at 11:39 AM
The recovery in semiconductor shares ($DJUSSC) last week, in my opinion, was quite weak. Much of the strength occurred by 10am ET, and the balance of the days really didn't see much progress back to the upside... Read More
Trading Places with Tom Bowley June 27, 2024 at 03:22 PM
One hallmark of secular bull markets is rotation. When leading stocks, sectors, and industry groups falter, there needs to be others that grab the baton and help to keep the bull market intact... Read More
Trading Places with Tom Bowley June 22, 2024 at 05:31 PM
Extremely heavy volume that accompanies a gap higher and a reversing candle after a lengthy uptrend is typically a sign of buyers' exhaustion and a much more aggressive group of sellers... Read More
Trading Places with Tom Bowley June 16, 2024 at 04:37 PM
I'm not trying to be overly dramatic, because most of you know how I feel about the stock market's long-term direction. We're going higher. Fight that at your own risk. However, short-term, we have a major storm brewing... Read More
Trading Places with Tom Bowley June 02, 2024 at 09:25 AM
I'm all for a big rally with a hammer printing on the long-term weekly chart, especially at 20-week EMA support. That's exactly what happened on Friday on the Dow Jones Industrial Average ($INDU)... Read More
