Trading Places with Tom Bowley

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Gold Jumps As U.S. Stocks Take A Breather

by Tom Bowley

Note I'll be out for personal reasons on Wednesday so I'll not likely be able to post a blog article Wednesday morning. Also, the Bowley Briefing webinar, scheduled for Wednesday at noon EST, has been cancelled as well. I should be back in full swing Thursday... Read More 

Trading Places with Tom Bowley

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Friday's Action Follows History, Ends Higher

by Tom Bowley

Market Recap for Friday, November 25, 2016 It was a shortened trading session on Friday, but that didn't stop the bulls. Our major indices all gapped higher and finished there as well... Read More 

Trading Places with Tom Bowley

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Dow Jones Tops 19000, S&P 500 Rolls Through 2200

by Tom Bowley

Due to the Thanksgiving holiday, my article will be abbreviated today. I hope everyone is able to enjoy the long weekend with family and friends. I'll be back on Monday with my regular Trading Places blog article... Read More 

Trading Places with Tom Bowley

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Small Caps Lead Another Surge, Bull Rages On

by Tom Bowley

Market Recap for Tuesday, November 22, 2016 You can't keep the bulls down right now, it's that simple. Yesterday, leadership turned to consumer discretionary (XLY, +1.19%) and materials (XLB, +0... Read More 

Trading Places with Tom Bowley

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S&P 500 Hits All-Time High, NASDAQ Rolls, Energy Breaks Out

by Tom Bowley

Market Recap for Monday, November 21, 2016 It took months, but the S&P 500 finally did what bulls had been hoping for - it closed at an all-time high, breaking above the previous record of 2190. If there was one negative, it was that volume finished below its 50 day SMA... Read More 

Trading Places with Tom Bowley

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S&P 500 On Brink Of Milestone Breakout

by Tom Bowley

Market Recap for Friday, November 18, 2016 Friday was mostly a day of profit taking - nothing horrible but down nonetheless. Energy (XLE, +0.41%) was able to avoid the downdraft and financials (XLF, +0... Read More 

Trading Places with Tom Bowley

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Home Construction Stocks Surge, Look To Move Higher

by Tom Bowley

Market Recap for Thursday, November 17, 2016 U.S. stocks posted gains once again on Thursday, this time with the benchmark S&P 500 closing within a whisker of an all-time high. Strength came from all the right areas too with financials (XLF, +1... Read More 

Trading Places with Tom Bowley

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Apple Establishes Inverse Right Shoulder, Leads Tech Higher

by Tom Bowley

Market Recap for Wednesday, November 16, 2016 Computer hardware ($DJUSCR) led a tech-fueled rally on Wednesday that resulted in bifurcated action in our major indices. The NASDAQ finished with a nice 0... Read More 

Trading Places with Tom Bowley

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Energy And Internet Stocks Fuel Latest Rally

by Tom Bowley

Market Recap for Tuesday, November 15, 2016 In my blog article yesterday morning, I pointed out that both crude oil ($WTIC) and internet stocks ($DJUSNS) hit significant price support... Read More 

Trading Places with Tom Bowley

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Dollar's Rise Crushing Gold And Silver

by Tom Bowley

Market Recap for Monday, November 14, 2016 The dollar shot higher on Monday as treasury yields continue to soar. This combination has set the stage for a major rally in financial stocks (XLF) and they have not disappointed... Read More 

Trading Places with Tom Bowley

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Small Caps Explode Higher To Lead Friday Rally

by Tom Bowley

Market Recap for Friday, November 11, 2016 Friday may not have seemed like a particularly bullish day as the Dow Jones gained just 39 points and the S&P 500 even lost a few points. But check out the Russell 2000's 2... Read More 

Trading Places with Tom Bowley

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Traders Log Another Gain, Should We Trust This Rally?

by Tom Bowley

Market Recap for Thursday, November 11, 2016 First let me say a heartfelt thank you to all our veterans today for your service - past, present and future. Please thank those that protected or protect our freedoms every day. Financials (XLF, +3.69%) and industrials (XLI, +2... Read More 

Trading Places with Tom Bowley

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Global Markets Cheering U.S. Election Results

by Tom Bowley

Market Recap for Wednesday, November 9, 2016 Talk about your fickle traders. A little more than 24 hours ago with traders around the globe wrestling with an unexpected Presidential victory by Donald Trump, equities sold off hard... Read More 

Trading Places with Tom Bowley

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Trump Wins Presidency, Global Stocks Sell Off

by Tom Bowley

Market Recap for Tuesday, November 8, 2016 The U.S. stock market paused on Tuesday, awaiting results from the U.S. Presidential election. All nine sectors did manage to finish in positive territory but gains were fairly minimal. The NASDAQ outperformed, rising 0... Read More 

Trading Places with Tom Bowley

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Biotechs Explode Higher But Squeezing In Narrowing Range

by Tom Bowley

Market Recap for Monday, November 7, 2016 After nine consecutive losing sessions on the benchmark S&P 500, the bulls needed some relief and they woke up to it on Monday. U.S. futures were soaring and looking to erase several days of losses at the opening bell... Read More 

Trading Places with Tom Bowley

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S&P 500 Losing Streak Hits Nine; Futures Soaring

by Tom Bowley

Market Recap for Friday, November 4, 2016 Friday was a rough day for market bulls, especially when you consider how our major indices finished out the week. The S&P 500 was solidly higher at 2pm EST on Friday....... Read More 

Trading Places with Tom Bowley

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S&P 500 Drops For 8th Straight Session, Jobs Fall Short

by Tom Bowley

Market Recap for Thursday, November 3, 2016 Outside of option expiration days, the NASDAQ's volume the past two days is the highest consecutive day volume level since the post-Brexit results in late June... Read More 

Trading Places with Tom Bowley

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Fed Leaves Rates Unchanged, S&P 500 Remains Below Support

by Tom Bowley

Market Recap for Wednesday, November 2, 2016 Traders waited nervously for the FOMC announcement at 2pm EST yesterday and given the recent S&P 500 breakdown beneath 2120 and the elevated volatility index ($VIX), they had reason to do so... Read More 

Trading Places with Tom Bowley

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S&P 500 Loses Key Support, What You Need To Know

by Tom Bowley

Market Recap for Monday, November 1, 2016 A couple reminders before we get into the action. First, today's webinar will be very interesting given the breakdown on the S&P 500 and Russell 2000 yesterday. It's 30 minutes of charts, key technical levels and market commentary... Read More 

Trading Places with Tom Bowley

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Utilities Keep S&P 500 Afloat But How Much Longer?

by Tom Bowley

Market Recap for Monday, October 31, 2016 The S&P 500 only finished down 0... Read More