Trading Places with Tom Bowley June 30, 2021 at 10:52 AM
I'm a big believer in patterns. I follow continuation patterns primarily, because I'm a momentum trader. So as stocks consolidate, I try to identify the pattern that shapes in order to gain insight into a possible measurement... Read More
Trading Places with Tom Bowley June 25, 2021 at 02:43 PM
Non-StockCharts.com Members EarningsBeats.com members that DO NOT also have a StockCharts.com membership have asked for Excel downloads for use on platforms other than StockCharts.com. Within 24 hours, we will have all of our ChartLists available for Excel download... Read More
Trading Places with Tom Bowley June 17, 2021 at 09:28 AM
The latest FOMC meeting has come and gone. Fed Chair Jay Powell capped it off by recognizing that inflation was hotter than expected and even signaling that the Fed is ready to hike rates by the end of 2023, stepping up its earlier April guidance of "no rates hikes before 2024... Read More
Trading Places with Tom Bowley June 15, 2021 at 09:51 AM
Listen, NVDA has been one of the strongest market performers in 2021 and I believe there's a very good chance it goes much higher. But if I wanted to buy it, I'd likely wait a week or so... Read More
Trading Places with Tom Bowley June 12, 2021 at 11:06 AM
In The News It was a light week for headlines as there wasn't much in the way of either economic or earnings news. Thursday did provide us our next glimpse into the inflation story as May CPI jumped 0.6%, ahead of the 0.4% expectation. That left headline CPI at 5... Read More
Trading Places with Tom Bowley June 05, 2021 at 01:01 PM
Catching an industry group as it bottoms and begins to lead the market can be very profitable. We're seeing tons of rotation in the stock market, which is the biggest reason why selling doesn't last long. Money comes out of one group and then rotates into another... Read More
Trading Places with Tom Bowley June 01, 2021 at 12:11 PM
There are two sides to every coin. Similarly, I can look at the market from an optimistic or pessimistic perspective. Each provides different answers as we look into June 2021. The Bullish View The first reason to be bullish is as simple as it gets... Read More
