Trading Places with Tom Bowley

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3 Takeaways From Tuesday's Renewed Selling...And Why I'd Avoid Gold

by Tom Bowley

Market Recap for Tuesday, February 27, 2018 During a day filled with renewed selling, especially in the final 10 minutes, there were 3 key takeways as far as I'm concerned... Read More 

Trading Places with Tom Bowley

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Software Breaks Out; Semis, Computer Hardware Next In Line

by Tom Bowley

Market Recap for Monday, March 26, 2018 Monday was a very solid day for U.S. equities. All of our major indices roared to higher levels, led by the 400 point gain on the Dow Jones Industrial Average ($INDU)... Read More 

Trading Places with Tom Bowley

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Looking For March Seasonal Strength? Check These Two Out

by Tom Bowley

Market Recap for Friday, February 23, 2018 After a steady diet of afternoon flops recently, our major indices soared into Friday's close, clearing important overhead resistance in the process... Read More 

Trading Places with Tom Bowley

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Higher Treasury Yields Crushing Last Year's Darling - Home Construction

by Tom Bowley

Market Recap for Thursday, February 22, 2018 U.S. indices continued to tread water on Thursday, with mixed action among our major indices and sectors... Read More 

Trading Places with Tom Bowley

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FOMC Minutes Spook Traders, Equities Tumble In Final Two Hours

by Tom Bowley

Market Recap for Wednesday, February 21, 2018 Well, the U.S. stock market was humming right along.....until the FOMC minutes were released at 2pm EST... Read More 

Trading Places with Tom Bowley

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Walmart Results Take A Big Bite Out Of Dow Jones, Ends Winning Streak

by Tom Bowley

Market Recap for Tuesday, February 20, 2018 Selling returned to Wall Street as its six day winning streak came to an end... Read More 

Trading Places with Tom Bowley

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Traders Turn Defensive As Key Fibonacci Retracement Level Reached - Bearish

by Tom Bowley

Market Recap for Friday, February 16, 2018 On the surface, Friday's action didn't seem all that bad. While there was bifurcated action, three of our four major indices did finish in positive territory. The aggressive small cap Russell 2000 ($RUT) led the advance... Read More 

Trading Places with Tom Bowley

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Grading The Current Rally - Is It Sustainable?

by Tom Bowley

Market Recap for Thursday, February 15, 2018 Selling is inevitable during bull markets. After each leg higher, there's typically a period of selling/consolidation. The bulls were spoiled for several months, as the bull market advance continued nearly uninterrupted... Read More 

Trading Places with Tom Bowley

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Wall Street Shakes Off Inflation Worries, Retail Slump; Rallies For 4th Straight Session

by Tom Bowley

Market Recap for Wednesday, February 14, 2018 Wall Street sure did look like it was heading for a very rough day at 8:30am EST on Wednesday. Very poor economic news hit traders with a 1-2 punch as the consumer price index jumped 0.5% instead of the 0... Read More 

Trading Places with Tom Bowley

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This Might Very Well Be The Best Investment Over The Next 6-12 Months

by Tom Bowley

Market Recap for Tuesday, February 13, 2018 The U.S. stock market settled down on Tuesday, trading in a much narrower range, and finished with gains across its major indices for the third consecutive day... Read More 

Trading Places with Tom Bowley

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Apple Rebounds, Leads Technology Higher As Wall Street Gains For Second Straight Day

by Tom Bowley

Market Recap for Monday, February 12, 2018 Wall Street saw more gains on Monday, continuing the strength we saw late during the Friday session... Read More 

Trading Places with Tom Bowley

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U.S. Equities Recover, Stocks To Consider On A Rebound

by Tom Bowley

Market Recap for Friday, February 9, 2018 For the first time in 18 months, the Dow Jones, S&P 500 and NASDAQ all closed out a week beneath their rising 20 week EMAs... Read More 

Trading Places with Tom Bowley

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A High VIX Means Irrational Market Swings

by Tom Bowley

Market Recap for Thursday, February 8, 2018 For now, forget about the strong earnings season that we just witnessed... Read More 

Trading Places with Tom Bowley

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Copper Prices Remain In Strong Uptrend And That's Bullish For The S&P 500

by Tom Bowley

Market Recap for Wednesday, February 7, 2018 With the exception of a fractional gain in the small cap Russell 2000, late day selling resulted in losses on each of our major indices... Read More 

Trading Places with Tom Bowley

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I'll Step Out On That Limb, The Bottom Is In

by Tom Bowley

Market Recap for Tuesday, February 6, 2018 Volatility is the name of the game right now and big swings - both up and down - should be expected in the near-term. Yesterday was the bulls' turn as our major indices rallied back, led by the Dow Jones' 567 point gain... Read More 

Trading Places with Tom Bowley

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Look To VIX To Call Market Bottom

by Tom Bowley

Market Recap for Monday, February 5, 2018 What a day and especially what a final hour! It was very reminiscent of selling episodes in 2008 where our major indices were losing a percent every few minutes... Read More 

Trading Places with Tom Bowley

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Stocks Slammed, Futures Lower; Here's A Possible Support Level

by Tom Bowley

Market Recap for Friday, February 2, 2018 It was an ugly day on Wall Street. In fact, it was the ugliest day on Wall Street since June 24, 2016, when the Dow Jones last fell more than 600 points. Friday's drop was 665 points and the technical damage was obvious... Read More 

Trading Places with Tom Bowley

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AAPL, AMZN And GOOGL Report Results; Futures Tumble

by Tom Bowley

Market Recap for Thursday, February 1, 2018 We saw a lot of bifurcation in the market on Thursday. The more aggressive NASDAQ and Russell 2000 rebounded and finished in positive territory, while both the Dow Jones and S&P 500 fell on the session... Read More 

Trading Places with Tom Bowley

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U.S. Equities Bounce; Small Caps Face Stiff Test

by Tom Bowley

Market Recap for Wednesday, January 31, 2018 Following the heavy selling on Tuesday, the bulls were just hoping to stop the bleeding. I'd say they had some success as the Dow Jones, S&P 500 and NASDAQ all finished in positive territory... Read More