On The Brink Of A Major Breakout | Tom Bowley (05.18)
Trading Places with Tom Bowley • 27m
Tom reviews the Wednesday action, which included a near breakout on the NASDAQ 100 above the key August 2022 high close. Several industry groups are leading the charge, including internet ($DJUSNS) and semiconductor ($DJUSSC) stocks. Tom discusses a few key earnings reports, before wrapping up with an underperforming semiconductor stock among the 3 You Must See.
Up Next in Trading Places with Tom Bowley
-
Small Caps Lead As Growth Stocks Stre...
Tom discusses the leadership in small caps on Monday, highlighting the surprising outperformance of small cap growth stocks vs. small cap value stocks. He explains a strange anomaly with respect to the SCTR scores in his Chart of the Day. After touching on a key in international ETF trading, To...
-
HUGE Breakout In Key Industry! | Tom ...
Tom discusses the market action from Wednesday, as the NASDAQ reacts to the April CPI data and sets a new recent high. Aggressive sectors lead the charge, and Tom dives into a key industry group providing excellent relative strength. He then highlights Walt Disney's (DIS) reaction to earnings, ...
-
Scanning Strategies To Find Winning T...
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 Spotligh...
