Trading Places with Tom Bowley February 28, 2020 at 07:31 AM
The selloff has been sharp, it's been fast, and it's been severe. And it may not be over. Huge spikes in the Volatility Index ($VIX) establish major market bottoms and Thursday's VIX close at 39 certainly qualifies as that... Read More
Trading Places with Tom Bowley February 27, 2020 at 09:29 AM
One week ago, the U.S. stock market was euphoric and it had a right to be. Companies that have been able to grow earnings rapidly in a historically low interest rate environment, with rates likely to move even lower, were seeing those earnings valued at a record level... Read More
Trading Places with Tom Bowley February 22, 2020 at 11:19 AM
I heard one unmistakeable sound on Thursday and Friday. It was the sound of market makers driving away in Brinks trucks, you know, the kind that transports boatloads of money... Read More
Trading Places with Tom Bowley February 19, 2020 at 08:39 AM
I write about this a lot... Read More
Trading Places with Tom Bowley February 16, 2020 at 11:58 AM
I've never really thought about it before, but putting together a portfolio is very similar to drafting NFL or NBA players... Read More
Trading Places with Tom Bowley February 13, 2020 at 12:26 PM
Below is today's Daily Market Report that I send out to EarningsBeats.com members every day, usually between noon and 1pm EST... Read More
Trading Places with Tom Bowley February 11, 2020 at 10:43 AM
I've written about this industry group on many, many occasions, but up until today, we've simply seen a bunch of false hopes. Today is THE BREAKOUT. We gapped above resistance and, thus far, are adding to early gains... Read More
Trading Places with Tom Bowley February 09, 2020 at 11:27 AM
I see so many comparisons to what was happening in 2007, as if the current market environment somehow should be compared to 2007. It shouldn't. 2007 was part of a 12-13 year secular bear market. 2020 is part of a lengthy secular bull market... Read More
Trading Places with Tom Bowley February 03, 2020 at 12:03 PM
I know. I know. It's been the worst sector and the second worst sector isn't even close. Look at this sector leaderboard for the past six months: The XLE is the ONLY sector in negative territory. Its SCTR score is 2.3. What the heck could trigger a rally? The U.S. Dollar ($USD)... Read More
Trading Places with Tom Bowley February 01, 2020 at 11:47 AM
The selling was coming, we just weren't quite sure when. Well, it's here now, so how long might it last and how much pain might we endure? Both questions are difficult to answer, but I do know the 3-4 month channel has been broken... Read More