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 PodcastMay 16, 2022
The Dow has now extended its weekly losses to 7, but this could be the week that breaks that change of losses. I say that for several reasons…
Gene Peroni's Daily PodcastMay 13, 2022
Stocks higher this morning. There’s an old saying on Wall Street that “When Time Magazine recognizes the bear market on its cover, that it’s time to buy.”
Gene Peroni's Daily PodcastMay 12, 2022
Looking at the big volume days since March, they’re biased toward selling. Once this market finds its bottom, we could see a meaningful recovery — at least…
Gene Peroni's Daily PodcastMay 11, 2022
Given the market’s volatility and its delicate condition year to date, my daily commentaries have seemed more like a narration of the market’s action with a…
Gene Peroni's Daily PodcastMay 10, 2022
The market’s unrelenting selling pressure continues. Even though stocks are higher this morning, investors will probably look at this skeptically since rallies…
Gene Peroni's Daily PodcastMay 9, 2022
Capitulation could be in the cards here, but I don’t think what we’re seeing this morning indicates that capitulation is imminent.
Gene Peroni's Daily PodcastMay 5, 2022
It’s understandable that some could be skeptical about yesterday’s rally as it really came after the Fed announced its intentions to raise rates by 50 basis…
Gene Peroni's Daily PodcastMay 4, 2022
We could see a trading rally today and carry through the short run. I believe the Dow is poised to test resistance at the 34,000 level.
Gene Peroni's Daily PodcastMay 3, 2022
I think there’s a great deal of hesitation to proclaim that the latest market reversal is a technical bell ringer that might usher in a sustainable rebound.
Gene Peroni's Daily PodcastMay 2, 2022
Fear could be replaced by capitulation; that based on what we’ve seen the past two Fridays.
Gene Peroni's Daily PodcastApril 29, 2022
Yesterday’s market hesitated at the opening, but then it was off to the races and the major market indices held onto their lion’s share of gains.
Gene Peroni's Daily PodcastApril 28, 2022
The market is oversold and I think we could be in for a relief rally that tests some near-term resistance for the major market indices.
Gene Peroni's Daily PodcastApril 27, 2022
The CBOE Volatility Index — dubbed the “fear index” — finished yesterday around 33.50, still well below my target range between 36 and 42.
Gene Peroni's Daily PodcastApril 26, 2022
From technical scorched earth to seeds of hope, this has been the market’s MO this year.
Gene Peroni's Daily PodcastApril 25, 2022
Last Friday’s market action was a technically scorched-earth setting for stocks. What was most unsettling was perhaps that there was no one pinpoint factor or…

Gene Peroni's Daily PodcastApril 21, 2022
Stock futures indicate that the NASDAQ could recover most of yesterday's losses.


Gene Peroni's Daily PodcastApril 18, 2022
Food, energy and water are all categories that are showing good relative strength within the marketplace.
Gene Peroni's Daily PodcastApril 14, 2022
The American Association of Individual Investors has published its latest sentiment survey and it shows a sharp decline in bullish consensus, well below the…
Gene Peroni's Daily PodcastApril 13, 2022
In my estimation, the selloff in technology stocks has driven this category to highly oversold levels that probably largely bake-in the impact of higher…

Gene Peroni's Daily PodcastApril 11, 2022
Last week’s market behavior was characterized by a great deal of flip flopping between growth and value.
Gene Peroni's Daily PodcastApril 8, 2022
The Dow and the Nasdaq getting some technical traction at their respective support areas.
Gene Peroni's Daily PodcastApril 7, 2022
Yesterday’s most significant news for the stock market was the release of the Fed Minutes in which they outlined how they intend to taper.
Gene Peroni's Daily PodcastApril 6, 2022
Yesterday’s market action was a flip flop from the previous session with the Dow considerably outperforming the Nasdaq.
Gene Peroni's Daily PodcastApril 5, 2022
Yesterday’s 1.9% gain in the Nasdaq eclipsed gains in other major indices, including the Dow which was up just 30 basis points.
Gene Peroni's Daily PodcastApril 4, 2022
I’ve recently made the case that the market’s rebound later in the 1st quarter was substantive and could prove to be a launching pad to higher levels in 2022.
Gene Peroni's Daily PodcastApril 1, 2022
It was striking how similar the retreats were among the major market indices yesterday. My take on that is that it had more to do with end-of-the-quarter…
Gene Peroni's Daily PodcastMarch 31, 2022
The final day of a quarter that unleashed significant volatility amid a myriad of challenges on a number of fronts, including geopolitical, especially the…
Gene Peroni's Daily PodcastMarch 30, 2022
One of the headline technical features in yesterday’s trading was the DJIA breaking out above its 200-day moving average at the 35,000 level.
Gene Peroni's Daily PodcastMarch 29, 2022
From aerospace to utilities and many categories in between, the underlying market appears to be building a sturdy foundation that could serve as a launching…
Gene Peroni's Daily PodcastMarch 28, 2022
Technical indicators are aligning quite nicely indicating that we could see higher levels over the short term and I continue to be quite bullish about the…
Gene Peroni's Daily PodcastMarch 22, 2022
Volatility is simmering down; the VIX is trading near the 23 level, this after breaching near-term support at 27. This lower volatility is a welcome sign.
Gene Peroni's Daily PodcastMarch 21, 2022
Four consecutive rally days puts into perspective the pivot days that we had in January, February and again this month…
Gene Peroni's Daily PodcastMarch 18, 2022
Yesterday’s closing levels for the major market indices may have defined their upper boundaries for what could be a short-term trading range.
Gene Peroni's Daily PodcastMarch 17, 2022
Yesterday’s market action may have proven to be something more than just a technical baby step toward recovery: the resiliency in the session was striking…
Gene Peroni's Daily PodcastMarch 15, 2022
Stating the obvious perhaps: the market is oversold, but it’s not extremely oversold.
Gene Peroni's Daily PodcastMarch 14, 2022
Consistency has been a missing element in this market environment; we’ve seen a number of pivot days, dramatic days and even a nice reversal day, but no follow…
Gene Peroni's Daily PodcastMarch 9, 2022
Yesterday’s expansive trading swings were similar to the reversals we saw on January 24 and late last month, but didn’t yield a positive close.
Gene Peroni's Daily PodcastMarch 8, 2022
Another all-too-familiar Monday rout with investors reacting to news from the weekend; and of course the indications that the Russia-Ukraine war could go on…
Gene Peroni's Daily PodcastMarch 4, 2022
Escalating tensions in the war between Russia and Ukraine putting pressure on stocks this morning.
Gene Peroni's Daily PodcastMarch 3, 2022
“March comes in like a lion and leaves like a lamb.” It’s not just the historical weather report; I think that could prove to be the forecast for stocks.
Gene Peroni's Daily PodcastMarch 2, 2022
Another expansive trading swing for the Dow and the other major market indices, but the Dow holding at the upper part of its support band.
Gene Peroni's Daily PodcastMarch 1, 2022
From a top-down perspective, the stock market is exhibiting a more resilient tone and reinforced by the underlying market where more stocks are exhibiting…
Gene Peroni's Daily PodcastFebruary 28, 2022
Last Friday’s dynamic reversal came one month after the January 24 pivot, which I think was the first indication of breaking downward momentum following weeks…
Gene Peroni's Daily PodcastFebruary 23, 2022
The latest sentiment survey indicates that bullish sentiment is at its lowest level in months. This might indicate that bulls are throwing in the towel — a…
Gene Peroni's Daily PodcastFebruary 22, 2022
We’re still in a market that is toiling over political and geopolitical uncertainties, the Fed, how earnings will fair with the 1st quarter…
Gene Peroni's Daily PodcastFebruary 18, 2022
Buying on the dips may be easier said than done. It certainly does present a psychological challenge, but I think for those taking a longer-term investing…
Gene Peroni's Daily PodcastFebruary 17, 2022
Each day we are faced with the repetitive narratives explaining away the market’s behavior day to day and hour by hour.
Gene Peroni's Daily PodcastFebruary 16, 2022
Yesterday’s rally delivering the Dow right up to the 35,000, but closed just under. This millennium level represents more of a psychological resistance point…
Gene Peroni's Daily PodcastFebruary 15, 2022
Stocks up sharply higher this morning; not a surprise technically since the major indices did move to the lower part of their pennant formations.

Gene Peroni's Daily PodcastFebruary 11, 2022
In yesterday’s report I mentioned the forming pennant formations in the major market indices — patterns of ascending peaks and descending lows and it seems…
Gene Peroni's Daily PodcastFebruary 10, 2022
The January 24th lows continue to look like a significant bottom for the market and an important one technically.
Gene Peroni's Daily PodcastFebruary 4, 2022
Another week of high reactivity to news events, indicating the market isn’t back to full health, but it might be in repair and I believe that is the case.
Gene Peroni's Daily PodcastFebruary 1, 2022
(Recorded after market close on 1/31): A few comments about today’s (1/31) action, especially since I believe it confirms last week’s action as being a pivotal…
Gene Peroni's Daily PodcastJanuary 27, 2022
Expansive trading swings in yesterday’s session pre- and post-Fed statement were reflected in the volatility index; the market still seems to be a bit on edge.
Gene Peroni's Daily PodcastJanuary 26, 2022
Monday’s market reversal may have signaled a significant — if not major — bottom for the growth category.