Trading Places with Tom Bowley

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Technology Leads Big Rally; Internet Stocks Threatening Breakout

by Tom Bowley

NOTE: I will be out tomorrow so I won't provide my next article until Monday, January 4th. HAPPY NEW YEAR! I'm wishing everyone health and happiness in 2016.....and of course great trading results! Do me a favor... Read More 

Trading Places with Tom Bowley

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Energy Fails At 20 Day EMA, Leads Monday's Selling

by Tom Bowley

Market Recap for Monday, December 28, 2015 On Monday, energy (XLE) did what it's done best in 2015 - it led the nine sectors to the downside by falling 1.82%, much more than the S&P 500's .22% decline. Materials (XLB), another 2015 laggard, fell ... Read More 

Trading Places with Tom Bowley

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Oil & Gas Bouncing Off Key Fibonacci Level

by Tom Bowley

Market Recap for Thursday, December 24, 2015 Thursday was a shortened trading session before the Christmas holiday and there was little movement in our major indices and on little volume... Read More 

Trading Places with Tom Bowley

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Energy Leads Pre-Holiday Rally; Consumer Stocks Lag

by Tom Bowley

Market Recap for December 23, 2015 All nine sectors finished higher on Wednesday, led by energy (XLE) which gained a very impressive 4.35%. Materials (XLB) also showed outsized gains of 2.36%... Read More 

Trading Places with Tom Bowley

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Santa Claus Rally Underway?

by Tom Bowley

Market Recap for Tuesday, December 22, 2015 Tuesday's action was bullish on a few fronts. First, it was a trend day where we saw buying throughout. The last time that happened was December 4th, nearly three weeks ago. Second, the rally was led by industrials (XLI) which gained 1... Read More 

Trading Places with Tom Bowley

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Houston, We Have.......Indecision!

by Tom Bowley

Market Recap for Monday, December 21, 2015 Nothing in this market can seem to make up its mind. The Volatility Index ($VIX) is straddling a key 20 level, not allowing sentiment to move favorably in either the bulls or bears favor... Read More 

Trading Places with Tom Bowley

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Bulls' Resolve To Be Tested This Week

by Tom Bowley

Market Recap for Friday, December 18, 2015 Friday's action was marked by short-term price breakdowns in a few of our major indices, sectors and industry groups. It also was accompanied by extremely heavy "quad-witching" volume... Read More 

Trading Places with Tom Bowley

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Fed Effect Lost.....And So Are The Gains

by Tom Bowley

Market Recap for Thursday, December 17, 2015 Traders seemed overjoyed to finally put the uncertainty of higher interest rates behind them on Wednesday....only to find new worries on Thursday... Read More 

Trading Places with Tom Bowley

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Fed Decision Sparks Rally But.........

by Tom Bowley

Market Recap for Wednesday, December 16, 2015 First, the good news. The Federal Reserve raised interest rates in the U.S. for the first time in nine years, signaling their belief that economic strength lies ahead with an improving labor market... Read More 

Trading Places with Tom Bowley

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Traders Bid Up Shares Ahead of Fed Decision

by Tom Bowley

Market Recap for Tuesday, December 15, 2015 Energy and financials were the leaders in Tuesday's rally as all nine sectors gained ground, supporting the market's two day rally... Read More 

Trading Places with Tom Bowley

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NASDAQ Prints Bullish Hammer At Price Support

by Tom Bowley

Market Recap for Monday, December 14, 2015 Eight of the nine sectors finished higher on Monday as the U.S. stock market made a case for a near-term bottom... Read More 

Trading Places with Tom Bowley

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High Volatility Equals Impulsive Bouts Of Selling

by Tom Bowley

Market Recap for Friday, December 11, 2015 Friday was a very rough day for U.S. equities on a number of fronts, but the most obvious was the approximate 2% loss that each of our major indices sustained... Read More 

Trading Places with Tom Bowley

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Futures Tank, Bears Have A Big Opportunity

by Tom Bowley

Market Recap for Thursday, December 10, 2015 We finished higher across all of our major indices, which is a positive. The negative, however, is that we saw much higher prices earlier in the day only to watch them deteriorate in the afternoon... Read More 

Trading Places with Tom Bowley

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NASDAQ Weak; Materials Buoyed By Falling Dollar, Dupont Deal

by Tom Bowley

Market Recap for Wednesday, December 10, 2015 The action on Wednesday was crazy. The Dow Jones was higher by 200 points in the first hour of trading... Read More 

Trading Places with Tom Bowley

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Industrials (XLI) Weak Amid Signs Of Toppiness

by Tom Bowley

Market Recap for December 8, 2015 I indicated on Tuesday morning that the bulls' resiliency would be tested as our major indices were poised to open significantly lower. They proved they're a resilient bunch once again, frustrating those on the bearish side of the aisle... Read More 

Trading Places with Tom Bowley

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Same Ole Same Ole, Energy Plunges

by Tom Bowley

Market Recap for Monday, December 7, 2015 As baseball great Yogi Berra would famously say, "It's deja vu all over again". The S&P 500 keeps trying - and failing - to break out and one big reason is the lack of participation from energy stocks (XLE)... Read More 

Trading Places with Tom Bowley

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Friday Rebound Keeps Bull Market On Track - Maybe

by Tom Bowley

Market Recap for Friday, December 4, 2015 Major indices here in the U.S. rebounded Friday in a big, big way after Thursday's drubbing. During uptrends, I always look to rising 20 day EMAs for support... Read More 

Trading Places with Tom Bowley

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ECB Falls Short Of Expectations, Global Markets Plunge

by Tom Bowley

Market Recap for December 3, 2015 The European Central Bank (ECB) announced additional measures to stimulate economic growth, but it clearly was not enough for traders who've grown accustomed to quantitative easing (QE) in all shapes and sizes... Read More 

Trading Places with Tom Bowley

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Energy Tumbles, S&P 500 Faces Key Test

by Tom Bowley

Market Recap for Wednesday, December 2, 2015 Wednesday was a very difficult day for energy stocks (XLE) as this sector fell more than 3%, its worst day since the heavy August selling. The culprit is what you would expect - falling crude oil prices ($WTIC)... Read More 

Trading Places with Tom Bowley

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Is The Fed Really Going To Raise Rates?

by Tom Bowley

Market Recap for Tuesday, December 1, 2015 Equity markets enjoyed a very strong Tuesday, although it wasn't all good news. Money flowed into treasuries on a relative basis and this represents defensive action... Read More 

Trading Places with Tom Bowley

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Healthcare, Consumer Stocks Drive Market Lower

by Tom Bowley

Market Recap for November 30, 2015 All of our major indices finished lower on Monday's session, but there was plenty of sector rotation. Despite the overall losses, four of the nine sectors managed to finish higher, led by energy (XLE), materials (XLB) and utilities (XLU)... Read More