Scanning Strategies To Find Winning Trades | Tom Bowley (05.09)
Trading Places with Tom Bowley • 28m
Tom highlights the recent consolidating action and his strategy to find winning trades in such an environment. It starts with a great candidate featured in the Chart of the Day. From there, he discusses several more in Scanning Strategies, before wrapping up with a few more in Earnings Spotlight and the 3 You Must See.
Up Next in Trading Places with Tom Bowley
-
Rate Hike Spurs Selling | Tom Bowley ...
Tom discusses Wednesday's action, including the Fed's decision to hike the fed funds rate by another 25 basis points. He points out the key short-term support and resistance levels to watch on the S&P 500. He wraps up the show with a look at key earnings reports and the 3 You Must See.
-
Stocks Pause As Fed Nears | Tom Bowle...
Tom discusses the Monday action, which was fairly dull. There was an attempt at a short-term breakout on the S&P 500, but it failed. Tom looked at sector relative strength from the early-February S&P 500 high vs. yesterday's close, pointing out that aggressive sectors still look strong. He sho...
-
Can We Get Some Follow Through, Pleas...
Tom discussed the Wednesday market action, which was both good and bad. Key earnings reports led the market higher in the morning, but afternoon selling ruined the bulls' day. Given Meta Platforms (META) strong report after the bell, we'll see another early rally, but does it hold? Tom says to ch...