Gene Peroni's Daily Podcast artwork

Gene Peroni's Daily Podcast

733 episodes - English - Latest episode: about 24 hours ago - ★★★★★ - 5 ratings

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.

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Episodes

April 23, 2024

April 23, 2024 14:00 - 4 minutes - 2.81 MB

Yesterday’s market had a different feel to it, a better feel. There seemed to be a renewal of some degree of resiliency, and we saw that early on in the session. 

April 22, 2024

April 22, 2024 14:00 - 4 minutes - 2.84 MB

Last Friday’s session presented a glass half full scenario, at least from my perspective. I say that because the overall market held up relatively well given the big selling pressure in AI stocks and technology generally. 

April 19, 2024

April 19, 2024 15:00 - 3 minutes - 2.64 MB

It has been a challenging week for stocks. On the surface perhaps, we could attribute this to a consolidation, probably somewhat overdue… 

April 18, 2024

April 18, 2024 14:00 - 4 minutes - 3.36 MB

The stock market continues to hold on to intraday rallies and this underscores the ongoing uncertainties that investors face on a number of fronts, the latest of which… 

April 17, 2024

April 17, 2024 15:00 - 5 minutes - 3.61 MB

With the major market indices trading below their respective short-term moving average trend lines, the onus remains on the bulls, short term. 

April 16, 2024

April 16, 2024 14:00 - 4 minutes - 3.35 MB

Yesterday’s market action represented the 3rd key intraday reversal for stocks in as many weeks. This underscores faltering upward momentum… 

April 15, 2024

April 15, 2024 14:00 - 3 minutes - 2.38 MB

This morning the stock market is absorbing the news of Iran’s missile and drone attacks on Israel over the weekend. 

April 12, 2024

April 12, 2024 14:00 - 3 minutes - 2.67 MB

Yesterday rallies in the S&P 500 and the Nasdaq were impressive but from a technical perspective  they were not game changers. At least not yet....

April 11, 2024

April 11, 2024 15:00 - 3 minutes - 2.5 MB

The CBOE Volatility Index above the 16 level this morning and within just a few basis points of its recent intra-day highs. So, it is breaching that near-term pattern of intra-day peaks… 

April 10, 2024

April 10, 2024 15:00 - 4 minutes - 3.38 MB

With the AI theme under pressure, but the general market is holding up remarkably well, but not a great surprise given the fact this has been a broad-based recovery from the lows struck last October. 

April 8, 2024

April 08, 2024 15:00 - 3 minutes - 2.43 MB

Put aside the Fed, the upcoming 1st quarter earnings reporting season, and geopolitical factors…today we have a total solar eclipse on our hands and it will be interesting to see how the stock market reacts…. 

April 5, 2024

April 05, 2024 14:00 - 3 minutes - 2.48 MB

Another high-volume reversal for the major market indices, the second to occur in a little more than a week. This is certainly a concerning signal that… 

April 04, 2024

April 04, 2024 14:00 - 4 minutes - 3.4 MB

Some firms are issuing more cautious outlooks for the stock market. This may be a good thing for the market outlook short-term. 

April 3, 2024

April 03, 2024 15:00 - 2 minutes - 1.93 MB

The CBOE Volatility Index reflecting some shakeup of complacency in yesterday’s session, with the VIX (“Fear Index”) moving above the 15 level. 

April 2, 2024

April 02, 2024 15:00 - 3 minutes - 2.23 MB

AI stocks appear to be sputtering ahead of the 1st quarter earnings reporting season, which should come as no surprise given the big gains that this category has scored year to date. 

April 1, 2024

April 01, 2024 15:00 - 6 minutes - 4.41 MB

It was 26 years ago that I first appeared on Wall Street Week with Louis Rukeyser and I was billed the “No April Fool.” 

March 28, 2024

March 28, 2024 15:00 - 4 minutes - 3.14 MB

Rotation was on full display in yesterday’s session, a session that saw the Dow and S&P 500 rally into uncharted territory… 

March 27, 2024

March 27, 2024 15:00 - 4 minutes - 3.09 MB

The stock market has been consolidating over the last three trading sessions, essentially since its initial, positive knee-jerk reaction to the Fed’s announcement last week that it may cut rates up to three times this year. 

March 26, 2024

March 26, 2024 15:00 - 3 minutes - 2.56 MB

The S&P 400 Midcap Index is up just under 8% year to date. That puts its performance in close proximity to the S&P 500 and the Nasdaq. I think this is important because… 

March 21, 2024

March 21, 2024 15:00 - 4 minutes - 3.29 MB

Yesterday’s market was the latest example of how difficult, if not futile, it is to try to sharp shoot near-term support and resistance targets, and to set objectives for the major market indices. 

March 20, 2024

March 20, 2024 15:00 - 3 minutes - 2.5 MB

This is a Fed-decision Wednesday. The Fed due to announce its decision on interest rates early this afternoon and perhaps more importantly investors will be awaiting the accompanying statement… 

March 19, 2024

March 19, 2024 15:00 - 2 minutes - 1.83 MB

The CBOE Volatility Index (“fear index”) has been in a basic downtrend since October 2022, but since then there have been several instances where it has established a short-term base… 

March 18, 2024

March 18, 2024 15:00 - 5 minutes - 3.63 MB

Several weeks ago, I mentioned that it seemed to me that the CBOE Volatility Index was in a bottoming formation, and that I believe continues to be the case… 

March 15, 2024

March 15, 2024 15:00 - 3 minutes - 2.36 MB

March has ushered in a bit more volatility. I think this is part of that micro-cycle factor… 

March 14, 2024

March 14, 2024 15:00 - 3 minutes - 2.37 MB

Energy is the “E” in “THEM” — an acronym I first mentioned nearly 20 years ago to describe what I believed was the core leadership in the market at the time. 

March 13, 2024

March 13, 2024 15:00 - 2 minutes - 1.74 MB

AI stocks snapped back sharply yesterday, but most failed to move above the level set in last Friday’s session. 

March 12, 2024

March 12, 2024 14:00 - 5 minutes - 4.12 MB

Yesterday I commented on the high-volume reversals that we saw in a number of the AI stocks and other aggressive growth areas…but I don’t think we’ve seen a major top in that area of the market. 

March 11, 2024

March 11, 2024 15:00 - 3 minutes - 2.33 MB

The seemingly unrelenting rally in AI stocks may have faced its first technical challenge in last Friday’s session. 

March 8, 2024

March 08, 2024 16:00 - 5 minutes - 3.48 MB

Investor sentiment numbers can be interpreted to suit one’s narrative; for instance, last December I noted that with a bullish consensus rising above the 50% level… 

March 7, 2024

March 07, 2024 16:00 - 4 minutes - 3.46 MB

I mention frequently how important it is to consider the underlying market and regarding the stocks individually and letting them really guide where the real strengths of the market are with respect to leadership.

March 5, 2024

March 05, 2024 16:00 - 3 minutes - 2.64 MB

Over the years there have been a number of liquidity-driven rallies in the stock market, and these were often the result of a significant event; for instance, in the late 1990s...

March 04, 2024

March 04, 2024 16:00 - 3 minutes - 2.36 MB

There seems to be no taming of this bull market run...

March 01, 2024

March 01, 2024 14:00 - 4 minutes - 3.35 MB

February delivered balanced performances among the major market indexes: The Russell 3000, S&P 500, Nasdaq & Dow Jones Industrial. 

February 29, 2024

February 29, 2024 16:00 - 4 minutes - 2.9 MB

In recent reports, I've been mentioning the potential for heightened volatility and a market that could be a bit more reactive to day-to-day events and news items.

February 28, 2024

February 28, 2024 16:00 - 5 minutes - 3.75 MB

It seems that at least for the moment the buying frenzy in AI stocks may be cooling off, and that’s not such a bad thing since… 

February 26, 2024

February 26, 2024 15:00 - 3 minutes - 2.52 MB

It probably isn’t difficult to make the case that the market is somewhat overbought given the gains that we’ve seen since last October, and even since the beginning of this year. 

February 23, 2024

February 23, 2024 15:00 - 4 minutes - 3.17 MB

Yesterday’s big market rally featured technology, and more specifically, the AI stocks. We did see quite the enthusiastic buying… 

February 22, 2024

February 22, 2024 16:00 - 4 minutes - 3.14 MB

A forefront AI company delivering a huge earnings beat after yesterday’s close. 

February 21, 2024

February 21, 2024 16:00 - 3 minutes - 2.38 MB

Selling could become a bit contagious over the near term, that is as traders sense that the major market indices may be leveling off, or even rolling over a bit… 

February 20, 2024

February 20, 2024 15:00 - 4 minutes - 2.92 MB

The advanced decline lines among the major market indices have exhibited steadily improving trend lines since the October lows of last year. 

February 6, 2024

February 06, 2024 16:00 - 4 minutes - 3.1 MB

I think that there are increasing signs that we could see the market enter into a more extended consolidation than we’ve seen in a couple of months. This is not all bad, seeing how some of these aggressive growth stocks have… 

February 5, 2024

February 05, 2024 16:00 - 3 minutes - 2.49 MB

Logic would seem to dictate that some restraint might be warranted at this point. The Dow and S&P 500 both perched at new all-time highs. 

February 2, 2024

February 02, 2024 16:00 - 3 minutes - 2.53 MB

It’s Groundhog Day in Pennsylvania, but it’s anything but on Wall Street. The market continues to provide some exciting action here. 

February 1, 2024

February 01, 2024 15:00 - 3 minutes - 2.47 MB

History has a way of repeating itself and I believe this statement is especially true when it comes to the stock market. 

January 31, 2024

January 31, 2024 17:00 - 4 minutes - 3.03 MB

As of yesterday’s closing, and ahead of the last trading day of January, the performances of the Nasdaq and S&P 500 are very similar. In fact, they’re within 7 basis points of each other. 

January 30, 2024

January 30, 2024 15:00 - 2 minutes - 1.89 MB

Much of the glory for the stock market this month has been focused on the major market indices with the Dow and S&P 500 moving into all-time record high territory. 

January 29, 2024

January 29, 2024 17:00 - 3 minutes - 2.49 MB

For those who follow the “as goes January, so goes the year” theory, it’s good news for the bulls, with the major market indices higher so far this month. 

January 26, 2024

January 26, 2024 16:00 - 4 minutes - 2.91 MB

Technology stocks surging higher amid more urgent buying in recent sessions. 

January 25, 2024

January 25, 2024 16:00 - 3 minutes - 2.54 MB

Momentum is back in the picture for the stock market and it’s especially evident among a number of the popular technology names, but it’s also evident in… 

January 24, 2024

January 24, 2024 15:00 - 3 minutes - 2.74 MB

January has ushered in mostly sunny skies for the stock market with the Dow and S&P 500 reaching all-time, record-high territory…