Trading Places with Tom Bowley

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History Suggests Energy, Financials And Industrials Are Poised To Lead U.S. Stocks

by Tom Bowley

Market Recap for Monday, February 27, 2017 Energy (XLE, +0.86%) led the market advance on Monday and that hasn't happened much over the past few months... Read More 

Trading Places with Tom Bowley

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Utilities Taking Advantage Of Tumbling Treasury Yields

by Tom Bowley

Market Recap for Friday, February 24, 2017 The 10 year treasury yield ($TNX) tumbled 7 basis points on Friday and that continued the recent string of solid days for utilities (XLU, +1.52%). Healthcare (XLV, +0... Read More 

Trading Places with Tom Bowley

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Lessons To Be Learned From A Consolidating Industry Group (Tires)

by Tom Bowley

Market Recap for Thursday, February 23, 2017 The action on Thursday was not bullish at all. Yes, the Dow Jones and S&P 500 rose again with the Dow setting another all-time high. Great action, right? Wrong. The more aggressive NASDAQ and Russell 2000 both fell again by .43% and ... Read More 

Trading Places with Tom Bowley

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Commodity Chemicals Break Out Again, Look Very Bullish

by Tom Bowley

Market Recap for Wednesday, February 22, 2017 Utilities (XLU, +0.42%) showed relative strength again on Wednesday, leading the charge on an otherwise bifurcated kinda day... Read More 

Trading Places with Tom Bowley

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Warning Signs Beginning To Emerge

by Tom Bowley

Market Recap for Tuesday, February 21, 2017 Our major indices saw another solid day of gains with the Dow Jones, S&P 500, NASDAQ, NASDAQ 100 and Russell 2000 all breaking out to all-time highs once again. All nine sectors advanced and small caps led on a relative basis... Read More 

Trading Places with Tom Bowley

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Crude Oil Surges This Morning, Could Provide Big Lift To Energy Sector

by Tom Bowley

Market Recap for Friday, February 17, 2017 Consumer staples (XLP, +0.50%) led the market action on Friday as personal products ($DJUSCM) jumped 3.39%. Brewers ($DJUSDB) continued their recent surge and now appear to have clearly broken their downtrend that began in October... Read More 

Trading Places with Tom Bowley

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Will Homebuilders Finally Make Their Breakout?

by Tom Bowley

Market Recap for Thursday, February 16, 2017 U.S. indices finished in bifurcated fashion on Thursday as the Dow Jones logged gains, the S&P 500 finished flat and the NASDAQ and Russell 2000 both finished with minor losses... Read More 

Trading Places with Tom Bowley

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Is The Market Topping? Relative Sector Performance Says NO WAY!

by Tom Bowley

Market Recap for Wednesday, February 15, 2017 Healthcare (XLV, +1.08%) resumed its leadership role but relative performance in this sector has been quite weak since the summer. Below is a chart that shows a ratio of the XLV to the S&P 500... Read More 

Trading Places with Tom Bowley

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These Are Two Very Bullish Components Of The NASDAQ 100

by Tom Bowley

I'll return tomorrow morning with my regular Trading Places article with all the normal features. Today I simply want to point out two component stocks in the NASDAQ 100 ($NDX) that look very bullish to me. The first is Costco (COST)... Read More 

Trading Places with Tom Bowley

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February Has Sent This Stock Higher 95% Of The Time Over The Last Two Decades

by Tom Bowley

Market Recap for Monday, February 13, 2017 Recent leadership from financials (XLF, +1.14%) and industrials (XLI, +1.00%) appears to be resuming as these two groups led the benchmark S&P 500 to fresh all-time highs on Monday. The last week has been very strong for U.S... Read More 

Trading Places with Tom Bowley

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Aerospace Strength Sends Industrials To All-Time High

by Tom Bowley

Market Recap for Friday, February 10, 2017 Materials (XLB, +0.91%) and industrials (XLI, +0.79%) led yet another rally in U.S. equities on Friday as the Dow Jones, S&P 500, NASDAQ, NASDAQ 100 and the Russell 2000 all established new all-time closing highs... Read More 

Trading Places with Tom Bowley

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This Financial Industry Group Is Poised For A Big 2017

by Tom Bowley

Special Note Greg Schnell (author of The Canadian Technician blog) and I will be co-hosting a special webinar tomorrow at 11am EST... Read More 

Trading Places with Tom Bowley

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Utilities Break To Four Month High; Consumer Stocks Strong

by Tom Bowley

Market Recap for Wednesday, February 8, 2017 The 10 year treasury yield ($TNX) has dropped back toward the lower end of its 2-3 month trading range from 2.30% to 2.60%, closing on Wednesday at 2.35%. That apparently has been enough to spark utilities (XLU, +0... Read More 

Trading Places with Tom Bowley

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Dow Jones Sets New All-Time High

by Tom Bowley

Market Recap for Tuesday, February 7, 2017 The Dow Jones moved into blue sky, all-time high territory intraday on Tuesday as it touched 20155... Read More 

Trading Places with Tom Bowley

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Key Relative Ratios Argue For Continuing Rally

by Tom Bowley

Market Recap for Monday, February 6, 2017 Please be sure to subscribe to my blog at the bottom of this article and all of my articles will be sent to your e-mail address as soon as they're published... Read More 

Trading Places with Tom Bowley

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Financials Lead Dow Jones Back Above 20,000

by Tom Bowley

Market Recap for Friday, February 3, 2017 Financials (XLF, +2.02%) had another huge day with consumer finance, investment services and banks leading the charge. The former had been struggling with a negative divergence over the past couple months while remaining in an uptrend... Read More 

Trading Places with Tom Bowley

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February Is A Time For Toys And The Chart Agrees

by Tom Bowley

Market Recap for Thursday, February 2, 2017 Defensive stocks were once again at the forefront of U.S. stock market action on Thursday with utilities (XLU, +1.06%) and consumer staples (XLP, +0.92%) easily the best two sectors on the session... Read More 

Trading Places with Tom Bowley

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Healthcare Leads Wednesday Rally But Still Suffers From Relative Weakness

by Tom Bowley

Market Recap for Wednesday, February 1, 2017 U.S. equities staged a recovery on Wednesday after a recent bout of profit taking, but the recovery could've been much stronger after a very solid open... Read More 

Trading Places with Tom Bowley

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Apple Beats Earnings Estimate; Tech Poised To Jump

by Tom Bowley

Market Recap for Tuesday, January 31, 2017 It was a second day of rotation into defensive stocks as leadership came from healthcare (XLV, +1.60%), utilities (XLU, +1.55%) and consumer staples (XLP, +0.48%)... Read More