Shows / Gene Peroni's Daily Podcast
Gene Peroni's Daily Podcast
As one of Wall Street’s most respected technical strategists, Gene Peroni, President, Peroni Portfolio Advisors, provides daily stock market commentary in a concise, easily accessible podcast.
Episodes
- Gene Peroni's Daily Podcast
July 31, 2023
Since reaching peak levels earlier in July, a number of technology leaders have consolidated and then rallied back, but the subsequent rallies have not…
- Gene Peroni's Daily Podcast
July 27, 2023
Technology continues it massive lead in the market with the Nasdaq up by nearly 35%, which compares with the S&P 500 up nearly 19% and the Dow is trailing…
- Gene Peroni's Daily Podcast
July 26, 2023
The S&P 500 has notched a new record high and the DJIA has put together a pretty impressive string of daily advances, but still no indication of capitulation…
- Gene Peroni's Daily Podcast
July 25, 2023
As we move through the 2nd quarter earnings reporting season, there isn’t anything really dramatic to report. The earnings seem to be supporting the individual…
- Gene Peroni's Daily Podcast
July 24, 2023
Buying momentum among a number of the forefront technology leaders was evident in last Thursday’s session with high-volume selloffs pretty much across the…
- Gene Peroni's Daily Podcast
July 21, 2023
The DJIA has severely lagged behind the S&P 500 and Nasdaq year to date. The Dow is up by a little more than 6%, while the S&P 500 is up ~18% and the Nasdaq…
- Gene Peroni's Daily Podcast
July 20, 2023
Gene Peroni’s Daily Podcast: Rotation is an important element for a healthy market environment and it’s an important characteristic in a sustainable market…
- Gene Peroni's Daily Podcast
July 19, 2023
You don’t have to be a contrarian to recognize that there are other stock sectors and themes that are doing quite well beyond the “Magnificent 7” technology…
- Gene Peroni's Daily Podcast
July 17, 2023
I mentioned last Friday that the major market indices were approaching targets that I thought might not be seen until later this year. For instance…
- Gene Peroni's Daily Podcast
July 14, 2023
Some years ago it was Alcoa that officially launched the earnings reporting season, but today it’s the financials and this morning several financials are…
- Gene Peroni's Daily Podcast
July 13, 2023
There was encouraging news on the inflation front, but no real tendency to sell into the good news.
- Gene Peroni's Daily Podcast
July 10, 2023
The fact that just a handful of companies are driving the performance of the S&P 500 year to date makes for good academic fodder and is mathematically correct…
- Gene Peroni's Daily Podcast
July 6, 2023
The market is in a limbo stage as we await the 2nd quarter earnings reporting season. This often happens where we do get some consolidation, rotation and…
- Gene Peroni's Daily Podcast
July 5, 2023
Surely after the lows that were struck last October I had noted how Growth was breaking its downward momentum. As we finished off the first half of 2023, I’ve…
- Gene Peroni's Daily Podcast
July 3, 2023
Some bears are doubling down on their dire predictions for the stock market, which is music to the ears of contrarians. Some would say the market is climbing a…
- Gene Peroni's Daily Podcast
June 30, 2023
To the casual, Main Street observer — and even to some seasoned Wall Streeters — the market’s advance year to date might seem confusing, even confounding for…
- Gene Peroni's Daily Podcast
June 29, 2023
As I monitor technical factors, it seems that the market’s state right now is a bit rudderless, in a limbo stage, which means it will probably stay in a…
- Gene Peroni's Daily Podcast
June 28, 2023
With only three sessions remaining in the 1st half of 2023, it's clear the prediction I made in the 4th quarter of last year is not going to come to fruition —…
- Gene Peroni's Daily Podcast
June 27, 2023
In recent sessions there has been stepped up rotation where we have seen some profit taking in technology categories into some of the more traditional…
- Gene Peroni's Daily Podcast
June 23, 2023
With the market in a consolidation phase, I thought it might be appropriate to revisit and revise my support and upside target levels for the major market…
- Gene Peroni's Daily Podcast
June 22, 2023
Artificial Intelligence, and other of the tech-related sectors, were generally under selling pressure yesterday. Not a big surprise given the big gains they…
- Gene Peroni's Daily Podcast
June 14, 2023
“Event or non-event?” is the question as we await today’s Fed decision. I’m going with non-event mostly because of the action in the underlying market.
- Gene Peroni's Daily Podcast
June 13, 2023
The stock market is in Fed-watch mode…or is it? It seems the market’s focal point has been stretching more toward the horizon, and is not so reactive to…
- Gene Peroni's Daily Podcast
June 12, 2023
I’m not a big proponent of the 20% rule — that rule calls for the market to be in a bullish cycle if a particular index goes up by 20% or more from its low…
- Gene Peroni's Daily Podcast
June 9, 2023
This week’s market action has reinforced the pivot qualities of last Friday’s trading and I think we could see a continuation of that.
- Gene Peroni's Daily Podcast
June 8, 2023
There is an A-list of sectors and themes that appear to be establishing attractive technical bottoming and base formations that could indicate reversals for…
- Gene Peroni's Daily Podcast
June 7, 2023
Last Friday was an unremarkable day for the major market indices, but it was quite a different story for the underlying market.
- Gene Peroni's Daily Podcast
June 6, 2023
Rotation could play a more significant — if not critical — role in the market’s outlook, not just short term, but long term as well.
- Gene Peroni's Daily Podcast
June 2, 2023
Taking into account the ongoing headline challenges, it’s not so surprising to see and hear the analysts’ hair trigger comments about the stock market outlook.
- Gene Peroni's Daily Podcast
June 1, 2023
The stock market, and in particular the Dow and S&P 500, have been in a pretty limited range recently; we could see as relatively constructive given some of…
- Gene Peroni's Daily Podcast
May 31, 2023
Technology added to its colossal gains from last week, but as we got further into yesterday’s session we saw some significant reversals amid high volume. It is…
- Gene Peroni's Daily Podcast
May 30, 2023
Technology sported some colossal gains last week, especially among the semiconductor stocks. This raises the question among some, especially the more skeptical…
- Gene Peroni's Daily Podcast
May 25, 2023
Momentum has returned to the stock market environment and some might find this as a cautionary indication, especially among the bearish camp.
- Gene Peroni's Daily Podcast
May 24, 2023
The stock market continues to flutter amid uncertainties as to how the debt ceiling talks will progress. I thought one of the takeaways in yesterday’s session…
- Gene Peroni's Daily Podcast
May 23, 2023
Six trading days remain in May, which begs the question if this year is a “Sell in May and go away” scenario. I don’t think that it is.
- Gene Peroni's Daily Podcast
May 22, 2023
Sir John Templeton eloquently defined a bull market. He said, “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.”
- Gene Peroni's Daily Podcast
May 19, 2023
I recently observed that the Russell 2000 Growth Index seemed to be in a good bottoming pattern and we are now seeing it beginning to break out above that base…
- Gene Peroni's Daily Podcast
May 15, 2023
It seems that the major indices are tracking pretty closely with their shot-term moving averages, which isn’t all bad as for many weeks they’ve been in a…
- Gene Peroni's Daily Podcast
May 12, 2023
The DJIA has been relegated to the irrelevant category with its performance year to date, and I think it’s a reflection of how the market is behaving — that…
- Gene Peroni's Daily Podcast
May 11, 2023
For months now there has been a steady drone of bearish forecasts, if not dire outlooks for the stock market, based on expectations that the economy was headed…
- Gene Peroni's Daily Podcast
May 10, 2023
The very fact that the stock market seems lodged in a limited trading range would seem to reflect pedestrian technicals and a relatively listless trend. But I…
- Gene Peroni's Daily Podcast
May 9, 2023
It may be subtle, but I think that the 1st quarter earnings season is having a generally positive impact on the stock market.
- Gene Peroni's Daily Podcast
May 8, 2023
I think the market gets good technical grades for its performance last week after withstanding the cumulative challenges of the Fed’s rate hike, the ongoing…
- Gene Peroni's Daily Podcast
May 4, 2023
I didn’t discern any real surprises in yesterday’s Fed statement following their widely anticipated decision to raise rates by 25 basis points. Perhaps one of…
- Gene Peroni's Daily Podcast
May 3, 2023
I began my career back in 1974, which was right in the midst of a grueling grizzly bear market that extended for years with very few opportunities during that…
- Gene Peroni's Daily Podcast
May 2, 2023
Even though the major stock indices have much different performances year to date with the Nasdaq well out in the lead and the Dow bringing up the rear…
- Gene Peroni's Daily Podcast
May 1, 2023
Historically the stretch between November and May is a positive time for the stock market, and this has proven to be the case this year.
- Gene Peroni's Daily Podcast
April 28, 2023
Yesterday’s rally was accompanied by generally higher volume and from a technical research 101 perspective, that’s an encouraging sign.
- Gene Peroni's Daily Podcast
April 27, 2023
Several random thoughts and observations — for one, the 1st quarter earnings that have been reported so far have not really been a great surprise from the…
- Gene Peroni's Daily Podcast
April 24, 2023
It seems Wall Street observers are determined to put the stock market in a particular box – bullish camp or the bearish camp.
- Gene Peroni's Daily Podcast
April 21, 2023
It’s early in the 1st quarter earnings reporting season, but my casual sketch observation of earnings is that they’re coming in better than expected across a…
- Gene Peroni's Daily Podcast
April 20, 2023
As we move to the heart of the 1st quarter earnings reporting season, the market seems to be in a pause mode, but this is pretty normal and acceptable from a…
- Gene Peroni's Daily Podcast
April 19, 2023
As we move into the thick of the 1st quarter earnings reporting season, there isn’t too much to report. Those companies that have reported their earnings have…
- Gene Peroni's Daily Podcast
April 18, 2023
Sentiment indicators can be interpreted to fit almost any market narrative. For instance, they can be interpreted as a contrary indication of market behavior…
- Gene Peroni's Daily Podcast
April 17, 2023
In the 4th quarter of last year, I predicted that the Dow could challenge its all-time record highs by the end of the first half of 2023. I never abandoned…