Trading Places with Tom Bowley

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New Years Resolutions For Traders

by Tom Bowley

Special Note Happy New Year to all and thanks so much for your support of me and StockCharts.com in 2017 (and please subscribe at the bottom of my article - it's FREE!). If you're not a member, your first resolution should be to become one... Read More 

Trading Places with Tom Bowley

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Technology Stocks Set To Lead Year End Rally

by Tom Bowley

Market Recap for Wednesday, December 27, 2017 Wednesday's action was characterized by thin volume and low volatility, normal for trading during the holidays... Read More 

Trading Places with Tom Bowley

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What Industry Will Lead The Stock Market In 2018? You Might Be Surprised....

by Tom Bowley

Market Recap for Tuesday, December 26, 2017 Energy stocks (XLE, +0.88%) continued their merry way higher, which really isn't surprising after the sector made a very significant price breakout above the 70 level... Read More 

Trading Places with Tom Bowley

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Time For Another Santa Claus Rally?

by Tom Bowley

Market Recap for Friday, December 22, 2017 The major indices all fell back slightly during Friday's pre-Christmas holiday, light volume trading session. Materials (XLB, +0.38%) was the best performing sector, while healthcare (XLV, -0.32% and financials (XLF, -0.28%) lagged... Read More 

Trading Places with Tom Bowley

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Energy And Banks Dominate The Trading Session; All Major Indices Advance

by Tom Bowley

Market Recap for Thursday, December 21, 2017 In afternoon trading, all of the major indices except the NASDAQ appeared headed for another record all-time high close. But a late afternoon selling bug hit Wall Street and much of those earlier gains disappeared... Read More 

Trading Places with Tom Bowley

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Energy Breaks Out As Oil Equipment & Services Strengthen

by Tom Bowley

Market Recap for Wednesday, December 20, 2017 It's been a rough road for oil equipment & services stocks ($DJUSOI, +2.33%). They haven't broken down below summer lows, but they also haven't kept pace with the energy sector as a whole either... Read More 

Trading Places with Tom Bowley

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Treasury Yields Soar, On Verge Of Key Breakout

by Tom Bowley

Market Recap for Tuesday, December 19, 2017 Housing data released the past couple days has been extremely hot with the housing price index well above expectations and then yesterday housing starts and building permits both easily surpassing Wall Street consensus estimates... Read More 

Trading Places with Tom Bowley

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USX, Alcoa Lead Strong Materials Sector; Russell 2000 Breaks Out

by Tom Bowley

Market Recap for Monday, December 18, 2017 Rotation is powerful during bull markets and Monday's action was a perfect illustration... Read More 

Trading Places with Tom Bowley

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Russell 2000 Leads Friday's Strong Advance; Small Caps Ready To Explode

by Tom Bowley

Market Recap for Friday, December 15, 2017 Friday's action was extremely bullish. I always love to see "trend days", where prices rise across the board from opening to closing bells... Read More 

Trading Places with Tom Bowley

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Disney-Fox Deal Lifts Broadcasting, Consumer Discretionary

by Tom Bowley

Market Recap for Thursday, December 14, 2017 Walt Disney (DIS) announced plans to purchase $52 billion of 21st Century Fox (FOXA) assets and that lifted both the broadcasting & entertainment index ($DJUSBC) and the consumer discretionary sector (XLY, +0... Read More 

Trading Places with Tom Bowley

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Fed Rate Hike Slams Financials; Biotechs Picking Up Steam

by Tom Bowley

Market Recap for Wednesday, December 13, 2017 It was a simple case of "buy the rumor, sell the news". Financials (XLF, -1.24%) slumped on Wednesday after the Fed decided to raise interest rates another quarter point... Read More 

Trading Places with Tom Bowley

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Consumer Stocks Look To Lead The Bull Market Into 2018

by Tom Bowley

Market Recap for Tuesday, December 12, 2017 It was mixed and bifurcated action on Tuesday. The Dow Jones and S&P 500 continued their assault on the record books, but the NASDAQ and Russell 2000 both paused and pulled back... Read More 

Trading Places with Tom Bowley

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Historically Low VIX Is Very Bullish For Equities; Check Out These Numbers

by Tom Bowley

Market Recap for Monday, December 11, 2017 The Russell 2000 remained in true December form as it continues to struggle during the first half of the month, despite records being set on both the Dow Jones and S&P 500 on a daily basis. It truly is an anomaly... Read More 

Trading Places with Tom Bowley

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9 Trade Setups To Consider After Recent Selling

by Tom Bowley

Market Recap for Friday, December 8, 2017 While we didn't set intraday all-time highs, we did manage to close at record levels on both the Dow Jones and S&P 500, which rose 0.49% and 0.55%, respectively, on Friday. The NASDAQ tacked on 0... Read More 

Trading Places with Tom Bowley

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U.S. Equities Post Strongest Day In December

by Tom Bowley

Market Recap for Thursday, December 7, 2017 December began with a huge intraday selloff and recovery and since then, it's been mostly down action. Yesterday was the first day this month that the bulls could celebrate and feel good... Read More 

Trading Places with Tom Bowley

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Recent Selling In Technology Improving Trading Opportunities

by Tom Bowley

Market Recap for Wednesday, December 6, 2017 It was a bifurcated day on Wall Street with the NASDAQ being lifted by an improving technology sector (XLK, +0.64), while a very weak energy group (XLE, -1.30%) put the brakes on both the Dow Jones and S&P 500... Read More 

Trading Places with Tom Bowley

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Here's One Case For A Near-Term Top

by Tom Bowley

Reminder If you enjoy my blog articles, I'd love for you to subscribe. It's the only way I know that I'm providing you with useful and thought-provoking information... Read More 

Trading Places with Tom Bowley

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Dow Transports Gain 1000 Points During Last 8 Days' Melt Up

by Tom Bowley

Market Recap for Monday, December 4, 2017 Recent bullish themes continued on Monday. Outperformance by the Dow Jones (+0.24%) and S&P 500 (-0.11%) overshadowed ugly relative performance from technology (XLK, -1.61%) and the NASDAQ (-1.05%)... Read More 

Trading Places with Tom Bowley

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We're Quickly Approaching A Seasonal Bearish Period; Consider Taking Some Profits

by Tom Bowley

Market Recap for Friday, December 1, 2017 An early selloff on Friday quickly became a buying opportunity as the bulls jumped back on board for what they hope will be another big upturn... Read More 

Trading Places with Tom Bowley

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The Dow Jones Has Its Biggest Gain of 2017, Closes Above 24000

by Tom Bowley

Market Recap for Thursday, November 30, 2017 It was another broad-based rally on Wall Street with traders ditching bonds and rushing into equities. The Dow Jones rallied 331.67 points to easily close above 24,000 for the first time in its history. The records just keep piling up... Read More