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 PodcastAugust 31, 2022
The across-the-board violations of 50-day moving averages among the major stock indices was there for all to see…
Gene Peroni's Daily PodcastAugust 30, 2022
With the summer session drawing to a close on Wall Street, my general observation is that it has been a constructive period.
Gene Peroni's Daily PodcastAugust 29, 2022
There were no grand revelations or big surprises in Fed Chairman Powell’s comments last Friday, but in reading between the lines, it may be that investors…
Gene Peroni's Daily PodcastAugust 26, 2022
“Much ado about nothing;” that may be the case this morning from the Fed speech out of the Jackson Hole Summit.
Gene Peroni's Daily PodcastAugust 25, 2022
Some sectors are thriving in this inflationary environment and with the stock market likely to remain fenced in a trading range for weeks to come, I think this…
Gene Peroni's Daily PodcastAugust 24, 2022
With Labor Day approaching, this is a pretty heavy vacation period and this is being reflected in the market.
Gene Peroni's Daily PodcastAugust 23, 2022
Yesterday’s sizable decline among the major market indices brought them to within close proximity of my upwardly revised upper support levels.



Gene Peroni's Daily PodcastAugust 17, 2022
A number of the market’s enduring longer-term thematic leaders are exhibiting improving relative strength and that is an important feature as the market…
Gene Peroni's Daily PodcastAugust 16, 2022
Just a few months ago there was a heightened urgency to sell. In late April the bear sentiment readings were at their highest point since the financial crisis…
Gene Peroni's Daily PodcastAugust 15, 2022
One of the most often asked questions I get recently is whether or not this is a good time to be entering the stock market.
Gene Peroni's Daily PodcastAugust 8, 2022
Recent market action is making believers out of some skeptics. We’re hearing more chatter that there is the conviction now that the June lows may be the lows…
Gene Peroni's Daily PodcastAugust 5, 2022
Historically the outlooks for earnings and interest rates have really defined the course for the stock market — at least its basic course.
Gene Peroni's Daily PodcastAugust 4, 2022
Several weeks ago I observed how the Nasdaq’s basing formation appeared considerably more robust than that of the other major indices. Since that time we’ve…
Gene Peroni's Daily PodcastAugust 3, 2022
The market’s bottoming characteristics have shifted from a glass-half-empty to a glass-half-full scenario, meaning the underlying technical tone of the market…

Gene Peroni's Daily PodcastAugust 1, 2022
Earlier this year I was scrambling to downwardly revise the target levels for the major market indices…


Gene Peroni's Daily PodcastJuly 26, 2022
Relative strength picking up for some of the cyclical categories, especially energy and agricultural materials.
Gene Peroni's Daily PodcastJuly 25, 2022
This is an event-filled week with earnings and the much-anticipated Fed meeting. Tech companies are due to report this week…
Gene Peroni's Daily PodcastJuly 21, 2022
The Dow and the Nasdaq each approaching my trading-range targets of 32,000 and 12,000 respectively.
Gene Peroni's Daily PodcastJuly 20, 2022
The Dow and the Nasdaq each breaking out above their respective 50-day moving average levels and doing so convincingly from a technical perspective.
Gene Peroni's Daily PodcastJuly 19, 2022
Yesterday’s trading action didn’t bring much to the table technically, but the 50-day moving average levels did play a prominent role for the major market…


Gene Peroni's Daily PodcastJuly 11, 2022
Since early May, one of the best-performing sectors has been healthcare but one of the worst-performing groups has been the financials; I mention this because…
Gene Peroni's Daily PodcastJuly 8, 2022
Clearly the stock market is in a better place today than it was a few weeks ago, from a technical perspective the market has shown some constructive action. I…
Gene Peroni's Daily PodcastJuly 7, 2022
May stands as the important turning point in the market from my technical perspective; that is we saw heightened volatility but we did see a continuously…
Gene Peroni's Daily PodcastJuly 6, 2022
The Fed’s shock & awe attack on inflation seems to be having an impact which is reflected in the stock market’s trends.
Gene Peroni's Daily PodcastJuly 5, 2022
No surprise that investors are taking rallies at face value. It has been very frustrating in the first half of 2022 to see that rallies big and small have…
Gene Peroni's Daily PodcastJune 30, 2022
The first half of 2022 is in line to be about the worst first half in 50 years for the stock market which is attributable to a number of factors, but inflation…
Gene Peroni's Daily PodcastJune 29, 2022
Yesterday’s market action was further indication that the market is in a marathon and not a sprint as it pertains to base building and not likely to see a…
Gene Peroni's Daily PodcastJune 28, 2022
Volatility has calmed considerably from last month’s expansive trading swings and this has been reflected in the VIX which stands under 27.
Gene Peroni's Daily PodcastJune 27, 2022
As we count down the final days of June and the last days of 2Q I think things are shaping up quite well for the market. I believe there’s a better than even…
Gene Peroni's Daily PodcastJune 24, 2022
It remains too early to call an absolute or reliable bottom in the stock market, but this week’s action was encouraging from a technical perspective. For one…
Gene Peroni's Daily PodcastJune 23, 2022
Beginning with the January 24 reversal, there were a number of significant and dramatic turns in the market but they proved to be pitfalls to lower levels. It…
Gene Peroni's Daily PodcastJune 22, 2022
The market’s trading swings could consolidate into a somewhat more narrow range over the short run. For the Dow that range could be 31,000 on the upside and…

Gene Peroni's Daily PodcastJune 17, 2022
The ongoing grueling market action with its expansive trading swings, especially the movements to the downside, probably indicate that we’re not in for a bell…
Gene Peroni's Daily PodcastJune 16, 2022
More short-term pain for a longer-term gain seems to be the position the Fed is taking by raising rates by 75 basis points yesterday.
Gene Peroni's Daily PodcastJune 15, 2022
Yesterday’s New York Times ran a front-page graph showing the duration of bear markets extending back to 1980. What I thought was interesting was…
Gene Peroni's Daily PodcastJune 14, 2022
Diminishing confidence among both investors and consumers has taken its toll on Wall Street. The accelerating downtrend is based on a number of factors but the…
Gene Peroni's Daily PodcastJune 13, 2022
Gene Peroni’s Daily Podcast: The VIX moving to 33 this morning, putting it in the thick of near-term resistance that has been playing significantly in recent…
Gene Peroni's Daily PodcastJune 6, 2022
Recently I noted that the Volatility Index can be subject to interpretation, but it is undeniable that in May — a pretty volatile month for stocks — the index…
Gene Peroni's Daily PodcastJune 3, 2022
The latest AAII sentiment survey shows more of a balance between the bulls and the bears than we’ve seen in a long time.
Gene Peroni's Daily PodcastJune 2, 2022
A forecast for an economic hurricane played on investors’ psyche yesterday, but I would argue that it didn’t have the impact that it might have had even just a…
Gene Peroni's Daily PodcastJune 1, 2022
The first five months of 2022 have been characterized by high volatility and expansive trading swings due to investors’ reactions to headline news and…
Gene Peroni's Daily PodcastMay 31, 2022
A few observations as we begin the summer session on Wall Street. I think that the major market indices have established a bottom…
Gene Peroni's Daily PodcastMay 27, 2022
Another solid showing for stocks yesterday, and one that might be shifting the onus on the bears rather than on the bulls.
Gene Peroni's Daily PodcastMay 26, 2022
I think we might see a more consistent and reliable rebound than we’ve seen year to date, but certainly with some bumps along the way.
Gene Peroni's Daily PodcastMay 25, 2022
In my estimation the DJIA may be close to completing a formidable bottom and one that launches a rally.
Gene Peroni's Daily PodcastMay 24, 2022
The VIX is clearly in a pennant formation, with well-defined trend lines indicating ascending lows and descending peaks.
Gene Peroni's Daily PodcastMay 23, 2022
Last Friday’s session seemed to be one of those grueling selloffs going into the weekend, but buying came in before the close and the major market indices…
Gene Peroni's Daily PodcastMay 20, 2022
Gene Peroni’s Daily Podcast: There are so many different commentaries right now, and they’re all valid comments, but from a technical standpoint, I think what…


Gene Peroni's Daily PodcastMay 17, 2022
Depending on the market condition the CBOE Volatility Index can be conveniently be interpreted to fit the narrative of the day or the moment, but in this case…