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 PodcastJanuary 25, 2022
Yesterday’s market rebound was the first real technical reversal we’ve seen since this ratcheting decline began earlier this month; doesn’t mean we’re on the…
Gene Peroni's Daily PodcastJanuary 24, 2022
Complacency is being displaced by fear which could become a capitulation of sorts here over the near term.
Gene Peroni's Daily PodcastJanuary 21, 2022
Yesterday’s market action was another one of those familiar “rally failures” and disconcerting from a technical standpoint.
Gene Peroni's Daily PodcastJanuary 20, 2022
As of yesterday’s closing, the Nasdaq is within less than 100 points of the lows it struck last October; this is an area where I would expect some kind of a…
Gene Peroni's Daily PodcastJanuary 19, 2022
From both technical and psychological standpoints, I would make the case that this is possibly the most vulnerable point of the year for stocks because…
Gene Peroni's Daily PodcastJanuary 18, 2022
Investors have had the long weekend to analyze, digest and stew over the news events and other factors that have been impacting the market.
Gene Peroni's Daily PodcastJanuary 14, 2022
Stock market action remains skittish and highly reactive to day-to-day news events —truly not the sign of a healthy market.
Gene Peroni's Daily PodcastJanuary 13, 2022
The Nasdaq making it three in a row, advancing in the last three sessions following that significant pivot on Monday and driving above the 15,000 level.
Gene Peroni's Daily PodcastJanuary 12, 2022
Three times could be a charm; the Nasdaq has outperformed in the last two sessions relative to the broader market indices.
Gene Peroni's Daily PodcastJanuary 11, 2022
Growth may have struck a bottom in yesterday’s trading. We saw a number of significant price reversals among high-profile technology and other growth stocks…
Gene Peroni's Daily PodcastJanuary 10, 2022
As we begin the 2nd trading week of January, there’s some real hopelessness about the outlook for growth generally, but technology more specifically.
Gene Peroni's Daily PodcastJanuary 7, 2022
The 4th quarter earnings season is approaching and this could be a catalyst for the down trodden growth sectors of the market — especially technology.
Gene Peroni's Daily PodcastJanuary 6, 2022
Release of the Fed’s Minutes from the December meeting triggered accelerated selling, especially focused on technology which has been under unrelenting selling…
Gene Peroni's Daily PodcastJanuary 5, 2022
The bifurcated action from last year’s 4th quarter clearly carrying over to the opening days of 2022 with the growth momentum areas under unrelenting selling…
Gene Peroni's Daily PodcastJanuary 4, 2022
A good day for the Dow and S&P 500, but an even better day for the Nasdaq and Russell 2000 — each of which gained about 1.2%.
Gene Peroni's Daily PodcastJanuary 3, 2022
With today being the first trading day of the new year, there are many prognostications by analysts of how the year might fair and I’ll throw in my 2 cents as…
Gene Peroni's Daily PodcastDecember 31, 2021
As the old saying goes, “All’s well that ends well” and 2021 is ending quite well from a technical standpoint.










Gene Peroni's Daily PodcastDecember 15, 2021
The $64 question today is: “How much has the stock market already discounted the Fed’s anticipated action to raise interest rates sooner than expected and…
Gene Peroni's Daily PodcastDecember 14, 2021
The Fed’s December meeting begins today and there has been much discussion and debate in anticipation of this meeting…
Gene Peroni's Daily PodcastDecember 13, 2021
It may be “missioned accomplished” and an “all clear” as the market continues to recover from its recent lows.
Gene Peroni's Daily PodcastDecember 10, 2021
The Nasdaq falling yesterday, underperforming other of the major market indices; at face value it looks like a harsh retreat, but it’s really just a reaction…
Gene Peroni's Daily PodcastDecember 9, 2021
A number of the higher momentum growth stocks have moved back above their 50-day moving average levels; this is encouraging but I think the easy recovered…
Gene Peroni's Daily PodcastDecember 8, 2021
The Dow and the other major market indices may be in the initial stages of forming reverse “head and shoulders” patterns.
Gene Peroni's Daily PodcastDecember 7, 2021
Statistically, the market retreat appears to be relatively moderate; the Dow has declined just 7% from its all-time highs to its recent intraday lows.
Gene Peroni's Daily PodcastDecember 6, 2021
The VIX moving to higher high intraday on Friday and those highs cleared the peaks that we saw earlier in the week last week.
Gene Peroni's Daily PodcastDecember 3, 2021
The Dow pivoting from the 34,000 area; that is a level that I’ve mentioned for many months as a longer-term support line — not an exact line, but an…
Gene Peroni's Daily PodcastDecember 2, 2021
The Dow is now down 7% from its record-high level set on November 8 to where it finished yesterday at the 34,000 area; that’s an area I’ve been calling the…
Gene Peroni's Daily PodcastDecember 1, 2021
Stocks up this morning with the Dow up over 300 points, so that could drive it back into the upper part of that support band of between 34,500 and 34,700.
Gene Peroni's Daily PodcastNovember 30, 2021
Dow and other market indices down this morning and could retest its Friday lows.
Gene Peroni's Daily PodcastNovember 29, 2021
Some market watchers have been calling for a significant decline for months and even they were likely surprised by Friday’s market route. I’ve been saying that…
Gene Peroni's Daily PodcastNovember 26, 2021
News of a new COVID-19 variant out of South Africa sending tremors through the markets in the U.S. and internationally.
Gene Peroni's Daily PodcastNovember 24, 2021
In yesterday’s update, I mentioned that early December could bring some volatility and correction to the market, but it looks like that might be starting…
Gene Peroni's Daily PodcastNovember 23, 2021
It would seem with the re-nomination of Fed Chair Powell to another term that growth has been dealt a serious blow.
Gene Peroni's Daily PodcastNovember 22, 2021
This summer we were hearing calls for a 10–20% decline in the market, but it seems the timeliness of those calls has since passed. I think December could be a…
Gene Peroni's Daily PodcastNovember 17, 2021
I’ve revised my ultimate Dow target to 45,000 for this bull market cycle. This revision was based on a number of factors…
Gene Peroni's Daily PodcastNovember 5, 2021
The book, “Dow 36,000,” was published at an untimely point in September 1999, just months before the infamous tech bubble and the dawn of a bear market that…
Gene Peroni's Daily PodcastNovember 3, 2021
The Dow moving above the 36,000 level and breaking into uncharted territory. My revision for Dow’s ultimate target is now 40,000.
Gene Peroni's Daily PodcastNovember 2, 2021
Biotechnology one of the better performing sectors in yesterday’s trading. I think there’s a couple of reasons for that…
Gene Peroni's Daily PodcastNovember 1, 2021
I pulled one of my daily reports from early November 2016 in which I discussed the Dow testing support at the 18,000 level and today I’m discussing the Dow at…
Gene Peroni's Daily PodcastOctober 29, 2021
The big market stories this morning are Apple and Amazon; each reporting disappointing results after yesterday’s close and each getting punished to some degree…
Gene Peroni's Daily PodcastOctober 28, 2021
The stock market performance has been pretty good in identifying which companies and sectors would be most likely to report better-than-anticipated earnings.
Gene Peroni's Daily PodcastOctober 27, 2021
As we move into the thick of the 3rd quarter earnings season, I think that a case can be made that the relative strength patterns that we saw in stocks in the…
Gene Peroni's Daily PodcastOctober 26, 2021
From my technical vantage point, I’m always on the lookout to observe whether a pullback — large or small — has had a positive of negative on the longer-term…
Gene Peroni's Daily PodcastOctober 25, 2021
The 10-year Treasury recovering sharply from its August lows and now trading near its April peaks.
Gene Peroni's Daily PodcastOctober 22, 2021
It has been a solid week as we move through the thick of the earnings season and so far the earnings are delivering for the most part.
Gene Peroni's Daily PodcastOctober 21, 2021
The Dow surpassing its previous intraday and record-high levels, closing about 150 points higher in the session; but we’re not seeing much fanfare with the Dow…
Gene Peroni's Daily PodcastOctober 20, 2021
The stock market continuing to resist decline; yesterday the Dow moving higher and within about 200 points of its all-time record high.
Gene Peroni's Daily PodcastOctober 19, 2021
Today marks the 34-year anniversary of the 1987 stock market crash. Certainly the technical elements today are far different than what we saw in the days and…
Gene Peroni's Daily PodcastOctober 18, 2021
Tomorrow marks the 34-year anniversary of the 1987 stock market crash. On the Friday before the crash…
Gene Peroni's Daily PodcastOctober 15, 2021
The VIX has retreated below the 17 level, which is approaching its longer-term baseline and that would imply that some of the worst fears have played out.