Trading Places with Tom Bowley

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Consumer Stocks Keep The Rally Alive

by Tom Bowley

Market Recap for Wednesday, March 30, 2016 U.S. equities jumped again, this time with most of the major indices climbing a similar percentage close to .50%... Read More 

Trading Places with Tom Bowley

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What Constitutes A Bear Market Rally?

by Tom Bowley

Reminders First, please subscribe to my blog at the bottom of this article. Simply click on "Yes" to the question, enter your email address and click "Subscribe". By doing so, my article will be sent directly your email as soon as it's published... Read More 

Trading Places with Tom Bowley

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Transports Drop For Fifth Consecutive Day, Watch These Levels

by Tom Bowley

Market Recap for Monday, March 28, 2016 Monday was another day of market bifurcation with the Dow Jones, S&P 500 and Russell 2000 barely higher, while the NASDAQ suffered a minor loss... Read More 

Trading Places with Tom Bowley

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Energy Regains Leadership Role, Stocks Post Small Gains

by Tom Bowley

Market Recap for Thursday, March 24, 2016 Despite a rising dollar ($USD), energy (XLE) was the best performing sector on Thursday, posting a .49% gain, while financials (XLF) were the biggest loser, dropping .62%... Read More 

Trading Places with Tom Bowley

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S&P 500 Drops Most In Two Weeks, VIX Climbs

by Tom Bowley

Market Recap for Wednesday, March 23, 2016 Energy (XLE) was under heavy selling pressure on Wednesday for the first time in two weeks and that sector was primarily responsible for the weakness in the S&P 500... Read More 

Trading Places with Tom Bowley

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Bifurcated U.S. Market Shows Hesitation and Indecisiveness

by Tom Bowley

Market Recap for Tuesday, March 22, 2016 The Dow Jones, S&P 500 and Russell 2000 all turned lower on Tuesday, but the NASDAQ managed to take over relative leadership and finish with fractional gains... Read More 

Trading Places with Tom Bowley

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Footwear Makes Bullish Breakout; Broadline Retailers Make Kick Save

by Tom Bowley

Market Recap for Monday, March 21, 2016 It was another day of mostly higher prices, albeit gains were modest. That's the hallmark of a bull market - day after day of almost boring gains where bears cannot gain any traction whatsoever... Read More 

Trading Places with Tom Bowley

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Small Caps And Healthcare Lead On Friday

by Tom Bowley

Market Recap for Friday, March 18, 2016 The Russell 2000 ($RUT) gained 0.95% on Friday and easily outpaced our other major indices. It also closed back above 1100 for the first time since closing below that number on January 6th... Read More 

Trading Places with Tom Bowley

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Quad Witching Season: Here's What Usually Happens

by Tom Bowley

Market Recap for Thursday, March 17, 2016 All of our major indices continued their five week advance with one notable exception - the NASDAQ 100 ($NDX), which fell slightly despite strong gains elsewhere... Read More 

Trading Places with Tom Bowley

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Treasuries And S&P 500 Diverge On FOMC Announcement

by Tom Bowley

Market Recap for Wednesday, March 16, 2016 Energy (XLE) closed at more than a three month high on Wednesday, gaining 1.73% on the session to lead all sectors. Utilities (XLU) were a strong second as they climbed 1.53%... Read More 

Trading Places with Tom Bowley

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Apple (AAPL) Testing Highs of 2016 As Technology Leads

by Tom Bowley

Market Recap for Tuesday, March 15, 2016 Apple (AAPL) resumed its upward climb on Tuesday, breaking to its highest close since the first trading day of 2016. AAPL's strength led computer hardware ($DJUSCR) to outsized gains of 1... Read More 

Trading Places with Tom Bowley

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Market Flat But Bulls Find Comfort In Hotels

by Tom Bowley

Market Recap for Monday, March 14, 2016 There was weakness during the first 15 minutes of trading on Monday, then again during the last 15 minutes of trading... Read More 

Trading Places with Tom Bowley

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S&P 500 Closes At Highest Level Of 2016 As Energy and Financials Lead

by Tom Bowley

Special Note In the Sector/Industry Watch section below, I highlight the historical and current February to April strength in the Exploration & Production ($DJUSOS) industry group within the energy sector (XLE)... Read More 

Trading Places with Tom Bowley

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Battle Lines Are Drawn As Equity Markets Waffle

by Tom Bowley

Market Recap for Thursday, March 10, 2016 We've had little economic news out this week so equity markets have been left to trade off technical indications... Read More 

Trading Places with Tom Bowley

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The ECB Announces More QE, Global Markets Rally

by Tom Bowley

Market Recap for Wednesday, March 9, 2016 Energy (XLE) was back in the driver's seat on Wednesday as the XLE climbed 1.62% to easily outperform the other eight sectors... Read More 

Trading Places with Tom Bowley

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Treasuries And Utilities Lead On Tuesday To Begin Next Leg Lower?

by Tom Bowley

Market Recap for Tuesday, March 8, 2016 Investors and traders turned to treasuries (TLT) and utilities (XLU) on Tuesday as money rotated back toward defense. The rally off the February 11th low has been characterized by rotation away from defense... Read More 

Trading Places with Tom Bowley

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Energy And Materials Hold Bears At Bay

by Tom Bowley

Market Recap for Monday, March 7, 2016 Monday was a strange day. First, there was bifurcated action where most of our major indices were able to tack on additional gains despite huge gains over the past few weeks and overhead price resistance at hand... Read More 

Trading Places with Tom Bowley

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It's A Fresh Trading Week, But The Problems Remain The Same

by Tom Bowley

Market Recap for Friday, March 4, 2016 All of our major indices ended last week on a high note as U.S. stocks finished with more gains... Read More 

Trading Places with Tom Bowley

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Jobs Surge In February, S&P 500 Looks To Clear 2000

by Tom Bowley

Market Recap for Wednesday, March 3, 2016 I spoke yesterday about the significance of the XLE's breakout on Wednesday. Thursday's follow through day was impressive as well as the XLE led all sectors, gaining another 1.51%... Read More 

Trading Places with Tom Bowley

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Small Caps Lead As Major Resistance And Jobs Report Near

by Tom Bowley

Market Recap for Wednesday, March 2, 2016 Energy (XLE) made a very important technical breakout on Wednesday and did so with increasing volume. That's an excellent sign of a further uptrend. The XLE now has important support at its rising 20 day EMA, currently at 56.90... Read More 

Trading Places with Tom Bowley

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U.S. Indices Explode Higher, Clear Initial Technical Hurdles

by Tom Bowley

Market Recap for Tuesday, March 1, 2016 Tuesday was a very impressive broad-based rally with index leadership from the NASDAQ, especially NASDAQ 100 shares, and also leadership from the key financial (XLF), technology (XLK) and consumer discretionary (XLY) sectors... Read More 

Trading Places with Tom Bowley

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Banks And Biotechs Weigh On U.S. Equities

by Tom Bowley

Special Note Today marks my one year anniversary as Senior Technical Analyst here at StockCharts.com. I love being here and look forward to many more years with this truly great company... Read More