Trading Places with Tom Bowley April 29, 2016 at 08:41 AM
Market Recap for Thursday, April 28, 2016 U.S. indices tumbled on Thursday, the day after central bankers temporarily closed the candy store. Neither the Federal Reserve here in the U.S... Read More
Trading Places with Tom Bowley April 28, 2016 at 09:00 AM
Market Recap for Wednesday, April 27, 2016 Well another FOMC meeting has come and gone. Not much has changed really. The Fed still seems adamant about raising rates, but they're not sure as to the timing. The next meeting in June is a real possibility, but they're non-committal... Read More
Trading Places with Tom Bowley April 27, 2016 at 09:00 AM
Market Recap for Tuesday, April 26, 2016 April has not been kind to technology stocks (XLK). We've seen several key earnings disappointments from the group, including Microsoft (MSFT), Alphabet (GOOGL) and Apple (AAPL), and investors in those three are not happy... Read More
Trading Places with Tom Bowley April 26, 2016 at 09:00 AM
Market Recap for April 25, 2016 Energy (XLE) was very weak on Monday, losing 1.12% to finish 9th out of 9 sectors. Technically, the sector is still very strong and has essentially "reset" its hourly MACD to centerline support... Read More
Trading Places with Tom Bowley April 25, 2016 at 09:00 AM
Market Recap for Friday, April 22, 2016 The technology world (-1.74%) was rocked on Friday with disappointing earnings announcements from a host of NASDAQ names, particularly a couple large technology companies. Microsoft (MSFT) stumbled badly, losing 7... Read More
Trading Places with Tom Bowley April 22, 2016 at 09:00 AM
Market Recap for Thursday, April 21, 2016 The Dow Jones dropped 114 points on Thursday, marking only the fourth time in the past two months it's lost more than 100 points during a session... Read More
Trading Places with Tom Bowley April 21, 2016 at 09:00 AM
Market Recap for Wednesday, April 20, 2016 Energy (XLE) once again found itself on top of the relative leaderboard in terms of sector performance. The XLE gained .90% on Wednesday. Oil equipment and services ($DJUSOI) gained over 1% and broke to fresh highs... Read More
Trading Places with Tom Bowley April 20, 2016 at 09:00 AM
Market Recap for Tuesday, April 19, 2016 Nothing seems to be able to slow down this market freight train. Not disappointing housing data. Not a continuing rush into treasuries. Not weak guidance from IBM and Netflix (NFLX). Not negative divergences across multiple time frames... Read More
Trading Places with Tom Bowley April 19, 2016 at 09:00 AM
Market Recap for Monday, April 18, 2016 All nine sectors rallied on Monday to support the Dow Jones' breakout above the psychological 18000 barrier. Energy (XLE) and consumer discretionary (XLY) led the broad-based rally with gains of 1.65% and .94%, respectively... Read More
Trading Places with Tom Bowley April 18, 2016 at 09:00 AM
Market Recap for Friday, April 15, 2016 The last significant top on the Dow Jones occurred on November 3rd when it posted an intraday high of 17978 and closed at 17918... Read More
Trading Places with Tom Bowley April 15, 2016 at 09:00 AM
Market Recap for Thursday, April 14, 2016 Energy (XLE) and financials (XLF) led the market action on Thursday, although our major indices were bifurcated with slight gains in the Dow Jones and S&P 500 and minor losses on the more aggressive NASDAQ and Russell 2000... Read More
Trading Places with Tom Bowley April 14, 2016 at 09:00 AM
Market Recap for Wednesday, April 13, 2016 Wednesday was arguably the best trading day of 2016 for U.S. equities... Read More
Trading Places with Tom Bowley April 13, 2016 at 09:00 AM
Market Recap for Tuesday, April 12, 2016 Just before Tuesday's open, the International Monetary Fund (IMF) lowered its forecast for world economic growth. Then shortly after the open, all of our major indices lost recent price support and rising 20 day EMA support... Read More
Trading Places with Tom Bowley April 12, 2016 at 09:00 AM
Market Recap for Monday, April 11, 2016 It was a disappointing day on Wall Street Monday as nice early gains vanished by the close with all of our major indices at the door step of 20 day EMA support... Read More
Trading Places with Tom Bowley April 11, 2016 at 09:00 AM
Market Recap for Friday, April 8, 2016 Our major indices gave up a big chunk of their earlier gains on Friday, but did manage to finish in positive territory. Crude oil ($WTIC) topped off a superb week (+8.27%) by rising 5.68% on Friday alone... Read More
Trading Places with Tom Bowley April 08, 2016 at 09:00 AM
Market Recap for Thursday, April 7, 2016 It was a rough day yesterday. All of our major indices were down. All nine sectors were lower. Unless you were trading gambling stocks or mining for gold, you probably saw red numbers. The selling was truly across the board... Read More
Trading Places with Tom Bowley April 07, 2016 at 09:00 AM
Market Recap for Wednesday, April 6, 2016 Healthcare (XLV) and energy (XLE) had huge days on Wednesday as our major indices rose throughout the day and finished on its high. Strength was seen across nearly every sector with only the defensive utilities down slightly... Read More
Trading Places with Tom Bowley April 06, 2016 at 09:00 AM
Market Recap for Tuesday, April 5, 2016 U.S. equities had a rough day from the opening bell on Tuesday. The Dow Jones fell more than 100 points in a session for the first time in nearly a month as the rally off the February 11th bottom has continued to unfold... Read More
Trading Places with Tom Bowley April 05, 2016 at 09:00 AM
Market Recap for Monday, April 4, 2016 During my Monday webinar (CLICK HERE for recording), I highlighted a few red flags regarding a possible short-term market downturn. Among those were negative divergences across our major indices... Read More
Trading Places with Tom Bowley April 04, 2016 at 09:00 AM
Market Recap for Friday, April 1, 2016 The market rally continues. While the majority of money seems to be flowing toward defense, which isn't a great sign of strength nor one of sustainability, it's difficult to argue with day after day of gains... Read More
Trading Places with Tom Bowley April 01, 2016 at 09:00 AM
Market Recap for Thursday, March 31, 2016 Utilities (XLU) were the only sector to finish in positive territory on Thursday, rising .59%. The remaining eight sectors fell, led by materials' (XLB) .84% decline... Read More
