Gene Peroni's Daily Podcast
772 episodes - English - Latest episode: about 13 hours ago - ★★★★★ - 5 ratingsAs 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
July 17, 2024
July 17, 2024 15:00 - 5 minutes - 3.67 MBRotation was clearly evident in yesterday’s trading action, but it has been a regular occurrence in the stock market for many weeks. I think this has been….
July 16, 2024
July 16, 2024 15:00 - 5 minutes - 4.09 MBEarlier this year, I mentioned that this bull could become a G.O.A.T. and I think that we’re on that path for this bull market run to be one of the best in modern history — maybe even the best ever.
July 15, 2024
July 15, 2024 15:00 - 4 minutes - 3.01 MBStock futures rallying this morning presumably in part because former President Trump survived the assassination attempt this weekend.
July 11, 2024
July 11, 2024 15:00 - 3 minutes - 2.43 MBYesterday’s market action showcased one of its most important attributes, and that is it’s broad and diverse sector participation.
July 08, 2024
July 08, 2024 15:00 - 3 minutes - 2.35 MBThe stock market heading into the second quarter earnings reporting season structurally sound from a technical perspective.
July 2, 2024
July 02, 2024 14:00 - 3 minutes - 2.69 MBRotational consolidations appear to be intensifying among a number of different sectors and themes, and I think that the major market indices could become lodged in a limited trading range over the near term.
July 1, 2024
July 01, 2024 15:00 - 4 minutes - 2.87 MBIt is out with the old and in with the new as today marks the beginning of the 3rd quarter of 2024. And the old wasn’t so bad…the 1st half of 2024 delivered quite nicely…
June 28, 2024
June 28, 2024 15:00 - 3 minutes - 2.72 MBI think the quarter was quite revealing in certain ways: certainly the big highlight of the quarter was technology, and more specifically the Artificial Intelligence sub-category.
June 26, 2024
June 26, 2024 15:00 - 3 minutes - 2.4 MBYesterday was a flip flop in performance from the prior day’s action; yesterday the Nasdaq rallied by 200+ points, while the Dow fell nearly 300 points — somewhat of a mirror opposite from the prior session.
June 25, 2024
June 25, 2024 15:00 - 3 minutes - 2.56 MBBiotechnology was a glistening theme in yesterday’s session. An FDA approval on a drug and positive test results for another drug spurred big gains in 2 of the biotech stocks, which put the focus on healthcare generally, once again.
June 24, 2024
June 24, 2024 15:00 - 4 minutes - 3.4 MBSome market observers are calling for a significant correction over the short run; I can see where they’re making that case from a technical perspective.
June 20, 2024
June 20, 2024 15:00 - 4 minutes - 2.93 MBIt’s easy enough to make the argument that the stock market might be overdue for a pullback, but that might be the very reason why the market could continue to move higher…
June 18, 2024
June 18, 2024 14:00 - 2 minutes - 1.96 MBAfter months of tracking very closely with one another, the Nasdaq is pulling well ahead of the S&P 500 and the Russell 3000…
June 17, 2024
June 17, 2024 14:00 - 3 minutes - 2.39 MBInvestors continue to accept more risk for more reward, and this is evident top down with the DJIA trailing considerably behind the Nasdaq and S&P 500…
June 14, 2024
June 14, 2024 15:00 - 3 minutes - 2.41 MBWhat do paper towel and dish detergent stocks have in common with Silicon Valley stocks? Both industries are sporting stocks that are moving toward, or into, 52-week high territory.
June 13, 2024
June 13, 2024 15:00 - 3 minutes - 2.33 MBBuying could be starting to move into the fever-pitch phase, especially for growth generally and technology specifically following yesterday’s Fed announcement…
June 12, 2024
June 12, 2024 14:00 - 4 minutes - 3.04 MBI’ve made the point that choosing the technically best-class stocks from a number of leadership categories, and emerging leadership categories, can yield better results than the major market indices themselves.
June 10, 2024
June 10, 2024 15:00 - 4 minutes - 3.34 MBThe recent record-high feats in the S&P 500 and Nasdaq have not promoted indiscriminate or speculative buying to any significant degree; if anything…
June 7, 2024
June 07, 2024 15:00 - 3 minutes - 2.42 MBWith their recent breakouts into record territory, the S&P 500 and Nasdaq have completed their cup-and handle formations. This is significant because these formations, historically, indicate durability, elasticity and sustainability of a trend.
June 6, 2024
June 06, 2024 15:00 - 2 minutes - 1.47 MBGene Peroni’s Daily Podcast: Yesterday’s breakaways in the S&P 500 and Nasdaq completed cup-and-handle formations for those two indices.
June 03, 2024
June 03, 2024 15:00 - 3 minutes - 2.27 MBThe Dow did not check all the technical boxes in last Friday's surge.
May 28, 2023
May 28, 2024 14:00 - 4 minutes - 2.94 MBThis May has been a "Sell in May and go away" scenario for stocks....It's been a very strong month for the market.
May 24, 2024
May 24, 2024 14:00 - 3 minutes - 2.12 MBThe Dow has now fallen 2.5% from it's recent all time high. The bulk of that decline occurred yesterday.
May 23, 2024
May 23, 2024 14:00 - 4 minutes - 2.98 MBFirst quarter earnings results from an AI chip giant is sending the stock higher pre-opening.
May 21, 2024
May 21, 2024 15:00 - 2 minutes - 2.06 MBI recently mentioned how the precious metal mining stocks are showing improving relative strength with several breaking out into new, high territory. There is another natural resource category that is also showing…
May 20, 2024
May 20, 2024 14:00 - 4 minutes - 3.34 MBI’ve commented on this many times since the October bottom last year: The stock market’s advance has been driven not by a handful of stocks, but by a number of broad and diverse sectors and themes. That was illustrated last Friday when…
May 17, 2024
May 17, 2024 15:00 - 4 minutes - 3.43 MBThe major market indices punching through their respective resistance channels in grand style yesterday. I say, “in grand style” because…
May 15, 2024
May 15, 2024 15:00 - 2 minutes - 1.96 MBHopes may be dimming on Wall Street that the Fed will be lowering rates anytime soon, but on the other hand, the stock market often thrives on pricing power.
May 13, 2024
May 13, 2024 15:00 - 3 minutes - 2.63 MBSo far this month, the DJIA is the #1 performer among the major market indices, even edging out the Nasdaq, which has been the #2 performer in May.
May 10, 2024
May 10, 2024 15:00 - 4 minutes - 3.34 MBEven with all the rotation we’ve seen in the market the last several weeks, the major market indices are tracking very closely with one another in terms of their year-to-date performance…
May 8, 2024
May 08, 2024 15:00 - 4 minutes - 2.96 MBAs we move through the month of May, the question becomes, “Will this be a year of ‘Sell in May and go away’?”
May 6, 2024
May 06, 2024 15:00 - 5 minutes - 3.58 MBThe 1st quarter earnings reporting season has arguably been a factor with respect to the market’s durability and elasticity in recent weeks.
May 3, 2024
May 03, 2024 15:00 - 5 minutes - 3.83 MBFrom the start of this year through mid-April, bearish sentiment has been tracking in the low to mid 20 percentile…
May 2, 2024
May 02, 2024 14:00 - 4 minutes - 3.03 MBFor a number of months now, the AI theme has caught the attention and imagination of investors, and there certainly has been a lot of “hoopla” around this category.
May 1, 2024
May 01, 2024 15:00 - 2 minutes - 2 MBYesterday’s decline was blamed on investors’ anxieties about today’s Fed decision regarding interest rates. It’s a bit of a head scratcher because the Fed did telegraph the greater likelihood they may not move to lower rates right now…
April 30, 2024
April 30, 2024 15:00 - 3 minutes - 2.54 MBThe recent sharp and sudden downturn in AI stocks and technology generally, I think really illustrates, and underscores, the underlying technical strengths of this market…
April 29, 2024
April 29, 2024 15:00 - 4 minutes - 2.9 MBThe beauty of the stock market runs more than just skin deep. Last week the S&P 500 posted its best weekly performance since last November.
April 26, 2024
April 26, 2024 15:00 - 3 minutes - 2.55 MBThis has been another week of expansive intraday trading swings for the stock market, but we have seen a more resilient tone. I think that resilient tone is significant…
April 23, 2024
April 23, 2024 14:00 - 4 minutes - 2.81 MBYesterday’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 MBLast 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 MBIt 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 MBThe 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 MBWith 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 MBYesterday’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 MBThis 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 MBYesterday 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 MBThe 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 MBWith 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 MBPut 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….