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 PodcastDecember 19, 2022
Happy Hanukkah and Merry Christmas! Of course this week may see another one of those trading vacuums as we see investors leave for the holidays, which might…



Gene Peroni's Daily PodcastDecember 13, 2022
In my view, more often than not, investors make poor investment decisions when they’re reacting to the daily news and headlines of the day.
Gene Peroni's Daily PodcastDecember 12, 2022
There’s widespread agreement that the Fed will raise rates by 50 basis points this week. But when it comes to the Fed, that is as far as the consensus view…
Gene Peroni's Daily PodcastDecember 9, 2022
I am updating my outlook for the Nasdaq generally and for technology more specifically. Weeks I mentioned that I thought the Nasdaq was bottoming along with…
Gene Peroni's Daily PodcastDecember 8, 2022
When talking outlook, the generic term “stock market” simply cannot be used in this environment; this is a multi-tiered market and in looking at the DJIA…
Gene Peroni's Daily PodcastDecember 7, 2022
The market’s high reactivity to day-to-day events underscores investor uncertainty especially pertaining to the Fed and prospects for a recession in 2023.

Gene Peroni's Daily PodcastDecember 5, 2022
Resiliency is the predominant technical characteristic playing in the stock market these days, and I think that reflects positively on the ongoing shift in…
Gene Peroni's Daily PodcastNovember 29, 2022
Yesterday’s market action, which followed what I would characterize as a trading vacuum rally last week, reinforced the downtrends in the Nasdaq and S&P 500.
Gene Peroni's Daily PodcastNovember 28, 2022
I think we could see some consolidation and triggering factors for a pullback — China being one of the headlines this morning.
Gene Peroni's Daily PodcastNovember 25, 2022
In many cases, we’re seeing a more contoured pattern playing out in the leadership categories, but for certain sectors such as technology the pattern is more…
Gene Peroni's Daily PodcastNovember 22, 2022
All things considered technically, it seems the market is going to remain in a restricted trading range at least over the short run, but this is allowing the…



Gene Peroni's Daily PodcastNovember 14, 2022
Last week’s high-volume advance in the Nasdaq drove it above its 50-day moving average. It was a very significant event…
Gene Peroni's Daily PodcastNovember 11, 2022
Soon after yesterday's closing bell, a famous investor was quoted as saying that yesterday’s market advance was more than a bear market rally.
Gene Peroni's Daily PodcastNovember 10, 2022
Year to date the DJIA stands out as the best-performing major index, down about 10.5%, whereas the S&P 500 is down about twice that.
Gene Peroni's Daily PodcastNovember 9, 2022
If the Dow can move decisively above its 34,200 resistance line it would bolster the formation that developed in late summer and early fall.
Gene Peroni's Daily PodcastNovember 8, 2022
Since 1946 the stock market has rallied 17 out of the last 19 midterm elections, but that is not what I’m basing my outlook on…

Gene Peroni's Daily PodcastNovember 4, 2022
The market’s near-term upside has probably been defined by the intraday rally that followed the Fed’s decision on Wednesday…
Gene Peroni's Daily PodcastNovember 3, 2022
It was a technical analysis 101 reaction following yesterday’s announcement by the Fed to raise rates by 75 basis points.
Gene Peroni's Daily PodcastNovember 2, 2022
Arguably a portion of the market’s recent recovery is attributable to the expectations that the Fed will begin to moderate its rate hikes after today’s…
Gene Peroni's Daily PodcastNovember 1, 2022
October has been known for its historical declines, but it has also produced some historical pivots along the way. This October may have been one of those...
Gene Peroni's Daily PodcastOctober 31, 2022
Happy Halloween! All treats on Friday with strung-across-the-board rallies, very uniform too.
Gene Peroni's Daily PodcastOctober 28, 2022
The DJIA continues to present itself as the standout index year to date and is by far outperforming the Nasdaq and considerably outperforming the S&P 500.
Gene Peroni's Daily PodcastOctober 27, 2022
Yesterday morning investors were bracing for reactions to disappointing earnings results among several big tech names, but…
Gene Peroni's Daily PodcastOctober 26, 2022
Year-to-date there’s been a big divergence between growth and value if we consider the Dow vs the Nasdaq.
Gene Peroni's Daily PodcastOctober 25, 2022
A couple of weeks ago I observed that the CBOE VIX — “fear index” — might be forming a significant head-and-shoulders formation. I saw that as a constructive…
Gene Peroni's Daily PodcastOctober 24, 2022
For investors seeking technical evidence that the stock market may be bottoming and even turning to the upside, the 50-day moving average trend lines among the…
Gene Peroni's Daily PodcastOctober 20, 2022
On 10/19/1987, there was no CBOE Volatility Index. That index would not be established until 1993, but if there was a VIX at the time, there likely would have…
Gene Peroni's Daily PodcastOctober 18, 2022
For a number of weeks now my more constructive outlook for the stock market has been based on a bottom-up perspective…
Gene Peroni's Daily PodcastOctober 17, 2022
We are just two days away from the 35th anniversary of the October 19, 1987 stock market crash. This serves as a reminder that October can be a pretty brutal…
Gene Peroni's Daily PodcastOctober 13, 2022
Given the hectic stream of data and information, it’s not surprising that investors are very focused on the here and now, on the hour-by-hour action in the…
Gene Peroni's Daily PodcastOctober 11, 2022
To a certain degree the real feel of this market environment is probably dependent upon the way that one’s portfolio is positioned. I think this climate argues…
Gene Peroni's Daily PodcastOctober 10, 2022
When it comes to market sentiment, there isn’t much neutral ground — that is in looking at the AAII survey, the bearish sentiment continues to elevated at…
Gene Peroni's Daily PodcastOctober 7, 2022
There are several factors technically and fundamentally that could promote a significant market bottom over the short run. Here are a few of the items…
Gene Peroni's Daily PodcastOctober 6, 2022
“Elasticity” and “resiliency” are terms that have not been applicable very often this year, but those two characteristics were in play yesterday.
Gene Peroni's Daily PodcastOctober 4, 2022
This year’s market action has conditioned investors to be wary of a day like yesterday when we see big gains among the major market indices….
Gene Peroni's Daily PodcastOctober 3, 2022
Since its initial breakaway above the 34 level, the VIX hasn’t followed through and in fact has retreated back into its previous resistance range.
Gene Peroni's Daily PodcastSeptember 30, 2022
Today marks the final trading day of the 3rd quarter and the last of September — historically the cruelest month for stocks — which is down ~6% among the major…
Gene Peroni's Daily PodcastSeptember 29, 2022
Yesterday’s broad-based rally had some technical “giddy up” but not enough to change the short-term outlook for the market.
Gene Peroni's Daily PodcastSeptember 28, 2022
From a stock market perspective, Rosh Hashanah also represents an old Wall Street adage, “Sell on Rosh Hashanah and buy on Yom Kippur.” There might be some…
Gene Peroni's Daily PodcastSeptember 27, 2022
The latest weekly survey of sentiment among investors shows a bearish consensus has risen to its highest level since March 2009.
Gene Peroni's Daily PodcastSeptember 26, 2022
This morning the VIX is trading fractionally above the intraday highs set last Friday.
Gene Peroni's Daily PodcastSeptember 23, 2022
The market’s most recent volatility is having a greater impact on investor psyche, and is being reflected in the fear index.
Gene Peroni's Daily PodcastSeptember 22, 2022
Clearly the market continues to be burdened by the headwinds of rising interest rates, but I did think we might get some kind of relief rally following the…
Gene Peroni's Daily PodcastSeptember 21, 2022
Whatever high anxiety remained ahead of today’s Fed announcement probably played out in yesterday’s session.
Gene Peroni's Daily PodcastSeptember 20, 2022
When assessing the market’s intermediate-term outlook — and I do have a bullish forecast looking into the 1st half of 2022 — I think that the real tells are in…
Gene Peroni's Daily PodcastSeptember 19, 2022
Last week’s tumultuous market action took us to the midpoint of September — the cruelest month historically for stock — and this month is proving to be a…
Gene Peroni's Daily PodcastSeptember 9, 2022
It may be early, but looking like this September might not be as cruel as had been anticipated earlier and not in keeping with its historical characteristic.
Gene Peroni's Daily PodcastSeptember 8, 2022
Yesterday’s rallies among the major market indices didn’t change my short-term outlook for the market to remain in a restricted trading range.
Gene Peroni's Daily PodcastSeptember 7, 2022
There are some indications — anecdotal and otherwise — that inflation may be starting to roll over…
Gene Peroni's Daily PodcastSeptember 6, 2022
For the stock market this year, it’s been a grizzly winter, a thawing spring and a bouncing summer, and now comes along autumn which is historically the…
Gene Peroni's Daily PodcastSeptember 2, 2022
Given the current trajectories of the trend lines, we could see convergences of the 50-day and 200-day moving averages among the major market indices by early…
Gene Peroni's Daily PodcastSeptember 1, 2022
With the market’s deteriorating action this week, it is on a tender footing as it faces the seasonal headwinds of September and October.