Trading Places with Tom Bowley October 31, 2016 at 09:00 AM
Market Recap for Friday, October 28, 2016 Happy Halloween! Earnings season is well underway and it's clear that certain areas of the market are gaining momentum as a result... Read More
Trading Places with Tom Bowley October 28, 2016 at 09:00 AM
Market Recap for Thursday, October 27, 2016 All of our major indices were fractionally lower to end the historically bearish October 22nd-27th period. Treasury yields were on the rise as the 10 year treasury yield ($TNX) broke above 1.80% to continue its recent uptrend... Read More
Trading Places with Tom Bowley October 27, 2016 at 09:00 AM
Market Recap for Wednesday, October 26, 2016 The Dow Jones finished in positive territory yesterday while the S&P 500, NASDAQ and Russell 2000 all declined. It was a particularly rough day for the Russell 2000, which fell 0.93%... Read More
Trading Places with Tom Bowley October 26, 2016 at 09:00 AM
Market Recap for Tuesday, October 25, 2016 If you own consumer discretionary (XLY, -1.17%) stocks, you probably weren't too happy with your performance on Tuesday... Read More
Trading Places with Tom Bowley October 25, 2016 at 09:00 AM
Market Recap for Monday, October 24, 2016 Technology (XLK, +0.97%) led the U.S. stock market advance on Monday as mobile telecommunications ($DJUSWC) and software ($DJUSSW) were the primary reasons for the bulls' assault to open what normally is a very bearish week historically... Read More
Trading Places with Tom Bowley October 24, 2016 at 09:00 AM
Market Recap for Friday, October 21, 2016 Consumer stocks were back in charge on Friday as discretionary (XLY, +0.80%) and staples (XLP, +0.54%) were the best and second best performing sectors. Restaurants & bars ($DJUSRU) were among discretionary leaders and just in time too... Read More
Trading Places with Tom Bowley October 21, 2016 at 09:00 AM
Market Recap for Thursday, October 20, 2016 Industrials (XLI, -0.54%) and technology (XLK, -0.46%) were the two weakest sectors on Thursday and this bull-bear battle continues for yet another day with apparently no end in sight... Read More
Trading Places with Tom Bowley October 20, 2016 at 09:00 AM
Market Recap for Wednesday, October 20, 2016 Energy (XLE, +1.42%) was clearly in charge throughout Wednesday's session as crude oil prices ($WTIC) neared a major breakout at $52 per barrel... Read More
Trading Places with Tom Bowley October 19, 2016 at 09:00 AM
Market Recap for October 18, 2016 Healthcare (XLV, +1.20%) performed extremely well on Tuesday, despite being the worst performing sector over the past month... Read More
Trading Places with Tom Bowley October 18, 2016 at 09:26 AM
Market Recap for Monday, October 17, 2016 The benchmark S&P 500 flirted with key short-term price support at 2120 once again, this time finishing at 2126 as consumer discretionary (XLY, -0.82%) was the weakest sector and also approached key price support... Read More
Trading Places with Tom Bowley October 17, 2016 at 09:26 AM
Market Recap for Friday, October 14, 2016 The U.S. stock market ended last week in bifurcated fashion with the NASDAQ and S&P 500 barely finishing in positive territory, while the Russell 2000 lost 0.27%. The Dow Jones was the most bullish index, gaining 0... Read More
Trading Places with Tom Bowley October 14, 2016 at 09:25 AM
Market Recap for Thursday, October 13, 2016 It got a little scary during Thursday's morning session as key support was lost on an intraday basis. Fortunately for the bulls, it wasn't lost for very long as U.S. equities rallied and printed hammers across the board... Read More
Trading Places with Tom Bowley October 13, 2016 at 09:23 AM
Market Recap for Wednesday, October 12, 2016 Considering the selling that began early Monday and continued all day Tuesday, Wednesday provided some relief to the bulls. The U.S... Read More
Trading Places with Tom Bowley October 12, 2016 at 09:15 AM
Market Recap for Tuesday, October 11, 2016 There was a lot of carnage on Tuesday for sure. Every sector declined, led by a very weak healthcare sector (XLV, -2.51%)... Read More
Trading Places with Tom Bowley October 11, 2016 at 09:14 AM
Market Recap for Monday, October 10, 2016 Crude oil ($WTIC) rose more than 3% on Monday and energy (XLE, +1.57%) was easily the best performing sector as a result. Utilities (XLU, +0.83%) saw surprising strength as did REITs... Read More
Trading Places with Tom Bowley October 10, 2016 at 09:28 AM
Market Recap for Friday, October 7, 2016 It was another down day on Friday for Wall Street, but there were no technical breakdowns to suggest we'd see follow through this week. Instead, we saw the materials sector (XLB, -1... Read More
Trading Places with Tom Bowley October 07, 2016 at 09:29 AM
Market Recap for Thursday, October 7, 2016 It was mostly a flat day, although basic materials (XLB, +0.82%) managed to produce a stronger gain on a relative basis. Paper, aluminum and commodity chemicals were the three industry groups helping to lead the materials sector... Read More
Trading Places with Tom Bowley October 06, 2016 at 09:19 AM
Market Recap for Wednesday, October 5, 2016 Well, the market rotation continues unabated. It was bounce back day on Wednesday, although no key levels of price resistance were cleared. Volume did accelerate, however, as a shorter-term triangle unfolds on the S&P 500... Read More
Trading Places with Tom Bowley October 05, 2016 at 09:26 AM
Market Recap for Tuesday, October 4, 2016 Over the past week, energy (XLE, +4.41%) and utilities (XLU, -5.70%) have been at opposite ends of the stock market spectrum, while all of the other sectors have been fairly close to the flat line. Pacing energy has been the Dow Jones U... Read More
Trading Places with Tom Bowley October 04, 2016 at 09:23 AM
Market Recap for Monday, October 3, 2016 Q3 performance was fairly solid, especially on the NASDAQ where the strength in technology shares carried the load. Q4 didn't start off quite so well as each of our major indices finished down and eight of nine sectors were lower... Read More
Trading Places with Tom Bowley October 03, 2016 at 09:27 AM
Market Recap for Friday, September 30, 2016 Financial (XLF, +1.37%) and energy (XLE, +1.36%) shares paced Friday's advance to close out September on a very strong note for U.S. equities... Read More