Trading Places with Tom Bowley April 30, 2019 at 09:00 AM
Market Recap for Monday, April 29, 2019 A bull market is comprised of a number of things, but two are wide participation and rotation of strength. We've been seeing both. Yesterday, it was financials (XLF, +1.01%) and communication services (XLC, +0... Read More
Trading Places with Tom Bowley April 29, 2019 at 09:29 AM
Market Recap for Friday, April 26, 2019 When was the last time I suggested Ford Motor Co (F, +10.74%) was a catalyst for any bull market advance? Ummm, probably never... Read More
Trading Places with Tom Bowley April 26, 2019 at 09:00 AM
Market Recap for Thursday, April 25, 2019 Strong earnings from Microsoft (MSFT, +3.31%) and Facebook (FB, +5.85%) lifted the NASDAQ to gains on Thursday, while broader market bearishness carried the other major indices to losses. 3M Co (MMM, -12... Read More
Trading Places with Tom Bowley April 25, 2019 at 09:00 AM
Note If you enjoy my daily blog articles, please subscribe (for FREE!) below. Simply scroll to the bottom of this article, type in your email address in the space provided and click the green "Subscribe" button... Read More
Trading Places with Tom Bowley April 24, 2019 at 09:00 AM
Market Recap for Tuesday, April 23, 2019 The small cap Russell 2000 led our major indices higher, gaining 1.61%, but the day clearly belonged to the NASDAQ, which not only climbed 1.32%, but broke to new all-time intraday and closing highs. The NASDAQ pierced the 8109... Read More
Trading Places with Tom Bowley April 23, 2019 at 09:00 AM
Market Recap for Monday, April 22, 2019 I'm sure you've noticed it at the pump lately. Gas prices are rising. Yesterday, crude oil prices ($WTIC, +2... Read More
Trading Places with Tom Bowley April 22, 2019 at 08:34 AM
Market Recap for Thursday, April 18, 2019 Railroads ($DJUSRR, +2.37%) were led higher by Union Pacific's (UNP, +4.36%) strong quarterly earnings report and outlook. The DJUSRR has been a leader among industrials (XLI, +1... Read More
Trading Places with Tom Bowley April 18, 2019 at 09:00 AM
Market Recap for Wednesday, April 17, 2019 We saw mixed trading on Wednesday with the benchmark S&P 500 falling 0.23% to end the session at 2900, still roughly 1.5% beneath the all-time high set in 2018. Technology (XLK, +0.56%) and consumer staples (XLP, +0... Read More
Trading Places with Tom Bowley April 17, 2019 at 09:00 AM
Market Recap for Tuesday, April 16, 2019 It was just another day of boring gains. But that's what happens during bull market advances. The Volatility Index ($VIX, -1.14%) drifts lower and stock prices edge higher... Read More
Trading Places with Tom Bowley April 16, 2019 at 09:00 AM
Market Recap for Monday, April 15, 2019 Defensive groups took their turn leading the stock market, but on a down day that is generally to be expected. Consumer staples (XLP, +0.59%) and healthcare (XLV, +0.40%) were the two leading groups, while financials (XLF, -0... Read More
Trading Places with Tom Bowley April 15, 2019 at 09:00 AM
Market Recap for Friday, April 12, 2019 Who thought at our December low that the S&P 500 would rally well over 20% to above 2900 and within 1% of our all-time high in less than four months? Not this guy... Read More
Trading Places with Tom Bowley April 12, 2019 at 09:00 AM
Market Recap for Thursday, April 11, 2019 U.S. equities finished in bifurcated fashion as a late day rally enabled the S&P 500 to eke out a miniscule 0.11 point gain (+0.00%). The other major indices finished in negative territory, led by the 0.21% decline in the NASDAQ... Read More
Trading Places with Tom Bowley April 11, 2019 at 09:00 AM
Market Recap for Wednesday, April 10, 2019 Small cap stocks enjoyed a huge day, carrying Wall Street higher. The Russell 2000 surged 1... Read More
Trading Places with Tom Bowley April 10, 2019 at 09:00 AM
Market Recap for Tuesday, April 9, 2019 Profit taking dominated Tuesday's action with the small cap Russell 2000 leading the list of losers, dropping 1.22%. But sellers were most everywhere as the Dow Jones, S&P 500 and NASDAQ fell 0.72%, 0.61% and 0.56%, respectively... Read More
Trading Places with Tom Bowley April 09, 2019 at 09:00 AM
Market Recap for Monday, April 8, 2019 Crude oil prices ($WTIC, +2.09%) surged once again on Monday, and have now climbed 50% off their December low. While energy (XLE, +0.44%) has been a major beneficiary, as we would expect, the XLE has been mired in a downtrend vs... Read More
Trading Places with Tom Bowley April 08, 2019 at 09:00 AM
Market Recap for Friday, April 5, 2019 Energy stocks (XLE, +1.76%) were the clear leader on Friday as Wall Street climbed once again. Recently, crude oil prices ($WTIC, +1... Read More
Trading Places with Tom Bowley April 05, 2019 at 09:00 AM
Market Recap for Thursday, April 4, 2019 Our major indices rallied again on Thursday with the benchmark S&P 500 rising for a 6th consecutive session and closing at a 2019 high. The S&P 500's close of 2879 was just 61 points shy of the all-time high of 2940... Read More
Trading Places with Tom Bowley April 04, 2019 at 09:00 AM
Market Recap for Wednesday, April 3 Stocks rallied again on Wednesday, primarily on the heels of materials (XLB, +1.31%) and technology (XLK, +0.81%). The former saw relative strength in both commodity chemicals ($DJUSCC, +1.77%) and specialty chemicals ($DJUSCX, +1.39%)... Read More
Trading Places with Tom Bowley April 03, 2019 at 09:00 AM
Market Recap for April 2, 2019 The NASDAQ was mostly higher and strengthening throughout the session on Tuesday as internet stocks ($DJUSNS, +1.41%) continued their recent advance to challenge 2019 highs. Facebook (FB, +3... Read More
Trading Places with Tom Bowley April 02, 2019 at 01:46 PM
Market Recap for Monday, April 1, 2019 U.S. equities had a stunning first quarter and Monday was an encore to open up Q2. Keep in mind that we’ve entered the most bullish period within April historically as the NASDAQ has produced annualized returns of +21... Read More
Trading Places with Tom Bowley April 01, 2019 at 09:00 AM
Market Recap for Friday, March 29, 2019 The U.S. stock market rallied on Friday, putting an exclamation point on its best calendar quarter in 10 years. Of course, this strength came on the heels of an incredibly dismal quarter to end 2018. Healthcare (XLV, +1... Read More