Trading Places with Tom Bowley

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Bullish Continuation Patterns Emerge; Stocks Poised To Move Higher

by Tom Bowley

Market Recap for Friday, November 27, 2015 Action was solid on Friday, although a bit bifurcated. The Dow Jones was the only major index to finish in negative territory as this index of behemoth blue chip companies tries to negotiate short-term resistance from 17800-18000... Read More 

Trading Places with Tom Bowley

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What To Expect From Friday After Thanksgiving

by Tom Bowley

Market Recap for Wednesday, November 25 Healthcare (XLV) and consumer discretionary (XLY) were the two best performing sectors on Wednesday, leading the U.S. stock market to gains in most of our major indices. The S&P 500 saw a late selloff take that index to a loss of 0... Read More 

Trading Places with Tom Bowley

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Weak Start Tuesday, Bulls Roar Back

by Tom Bowley

Market Recap for Tuesday, November 24, 2015 Apparently, the U.S. stock market's shock absorbers are working just fine... Read More 

Trading Places with Tom Bowley

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Consolidation Continues As Market Looks For Direction

by Tom Bowley

Market Recap for Monday, November 23, 2015 The Russell 2000 was clearly the big winner on Monday as this small cap index rose .44% on a day when the Dow Jones, S&P 500 and NASDAQ all had fractional losses. The NASDAQ 100 ($NDX) fell ... Read More 

Trading Places with Tom Bowley

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Consumer Discretionary Leads Friday Surge

by Tom Bowley

Market Recap for Friday, November 20, 2015 Consumer discretionary stocks (XLY) led six sectors higher on Friday. The only three that did not participate were energy (XLE), materials (XLB) and consumer staples (XLP)... Read More 

Trading Places with Tom Bowley

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Treasury Yields And Utilities Reach Important Juncture

by Tom Bowley

Market Recap for Thursday, November 19, 2015 The U.S. stock market was bifurcated on Thursday with the NASDAQ 100 able to eke out small gains while the others were fractionally lower... Read More 

Trading Places with Tom Bowley

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U.S. Indices Soar; One Group Poised To Ignite Rally

by Tom Bowley

Market Recap for Wednesday, November 18, 2015 There was strength everywhere on Wednesday. All nine sectors were higher and utilities represented the only sector that was not higher by at least 1%. Healthcare (XLV) rallied 1... Read More 

Trading Places with Tom Bowley

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Dollar Climbs To 7 Month High; Gold Mining Shares Tank

by Tom Bowley

Market Recap for Tuesday, November 17, 2015 The U.S. dollar index ($USD) neared 100 for the first time since the second week of April and that sent shock waves throughout commodities once again... Read More 

Trading Places with Tom Bowley

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Specialty Retailers Reset Weekly MACD, Aid Bounce

by Tom Bowley

Market Recap for Monday, November 16, 2015 All nine sectors moved higher on Monday and the wide participation was evident in the 1%+ gains across the board. Leadership in energy (XLE) was clear with that sector's 3.33% advance off key support near 66.00... Read More 

Trading Places with Tom Bowley

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VIX Breakout Provides Opportunity For Bears

by Tom Bowley

Market Recap for Friday, November 13, 2015 Retailers were slammed on Friday after October retail sales came up short of expectations. Retail sales for the month gained 0.1% while expectations were for a much stronger 0.3% rise. Excluding autos, retail sales rose 0... Read More 

Trading Places with Tom Bowley

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Bears Inflict Short-Term Technical Damage; VIX Nears Key Level

by Tom Bowley

Market Recap for Thursday, November 12, 2015 Over the past 5-6 trading sessions, the selling was fairly contained and appeared to be nothing more than normal profit taking after a lengthy advance from the depths of the late September lows. That changed yesterday... Read More 

Trading Places with Tom Bowley

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Wednesday's Roller Coaster Ride Gone Bad

by Tom Bowley

Market Recap for Wednesday, November 11, 2015 Wednesday wasn't a horrible day, but the back and forth action ended with a "back" as our major indices finished on or near their lows for the session... Read More 

Trading Places with Tom Bowley

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Bears Stifled At Support; Market Ends Bifurcated

by Tom Bowley

Market Recap for Tuesday, November 10, 2015 Technology and materials shares held back the market on Tuesday. These sectors were down .66% and .73%, respectively. Industrials were flat, while the remaining six sectors finished higher on the session... Read More 

Trading Places with Tom Bowley

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Has The Rally Ended.....Or Just Begun?

by Tom Bowley

Market Recap for Monday, November 9, 2015 Monday represented the worst one day performance for U.S. stocks since the late September low printed. 8 of 9 sectors were lower, led by consumer discretionary (XLY) and financials (XLF)... Read More 

Trading Places with Tom Bowley

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Bullish Period Ends Without Breakout

by Tom Bowley

Market Recap for Friday, November 6, 2015 We didn't make any major breakouts on Friday, but after initial weakness we did see the aggressive indices - NASDAQ and Russell 2000 - close nicely... Read More 

Trading Places with Tom Bowley

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Jobs SURGE Higher In October

by Tom Bowley

Market Recap for Thursday, November 5, 2015 Utilities and energy were the laggards on Thursday, which wasn't bad action considering the recent strength we've had. In other words, our aggressive sectors managed to perform well on a relative basis... Read More 

Trading Places with Tom Bowley

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Internet Stocks Remain Hot; Facebook (FB) Delivers

by Tom Bowley

Market Recap for Wednesday, November 4, 2015 Wednesday represented a day of consolidation as only two sectors were able to close higher - utilities and technology - and the latter was barely higher. The other 7 sectors finished down in a session of profit taking... Read More 

Trading Places with Tom Bowley

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Energy Ignites Rally With H&S Breakout

by Tom Bowley

Market Recap for Tuesday, November 3, 2015 Energy (XLE) surged 2.56% on Tuesday, fueling yet another market rally to spur the S&P 500 to 2110, just 1% beneath its all-time closing high of 2130.82 set on May 21, 2015. Since setting reverse right shoulder support at 65... Read More 

Trading Places with Tom Bowley

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S&P 500 Reclaims 2100; All-Time Highs Ahead

by Tom Bowley

Market Recap for Monday, November 2, 2015 The action on Monday was mostly positive, especially as we look at the performance of our major indices. All were higher and relative strength was seen by the more aggressive Russell 2000 and NASDAQ. That's always a good thing... Read More 

Trading Places with Tom Bowley

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Don't Lose Sight Of The Long-Term Prize

by Tom Bowley

Market Recap for Friday, October 30, 2015 It was a lacklaster day for equities until a late day selling binge. U.S... Read More