Gene Peroni's Daily Podcast

January 19, 2022 19.01.2022 6:01 ↓

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 investors are awaiting two very important events – earnings season & the Fed meeting. 

January 18, 2022 18.01.2022 3:49 ↓

Investors have had the long weekend to analyze, digest and stew over the news events and other factors that have been impacting the market. 

January 14, 2022 14.01.2022 5:35 ↓

Stock market action remains skittish and highly reactive to day-to-day news events —truly not the sign of a healthy market. 

January 13, 2022 13.01.2022 3:26 ↓

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. 

January 12, 2022 12.01.2022 3:55 ↓

Three times could be a charm; the Nasdaq has outperformed in the last two sessions relative to the broader market indices. 

January 11, 2022 11.01.2022 3:54 ↓

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 accompanied by higher volume. 

January 10, 2022 10.01.2022 4:28 ↓

As we begin the 2nd trading week of January, there’s some real hopelessness about the outlook for growth generally, but technology more specifically. 

January 7, 2022 07.01.2022 3:56 ↓

The 4th quarter earnings season is approaching and this could be a catalyst for the down trodden growth sectors of the market — especially technology.

January 6, 2022 06.01.2022 6:03 ↓

Release of the Fed’s Minutes from the December meeting triggered accelerated selling, especially focused on technology which has been under unrelenting selling for weeks. 

January 5, 2022 05.01.2022 3:57 ↓

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 pressure. 

January 4, 2022 04.01.2022 5:47 ↓

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%. 

January 3, 2022 03.01.2022 6:10 ↓

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 well over the next several days. 

December 31, 2021 31.12.2021 3:49 ↓

As the old saying goes, “All’s well that ends well” and 2021 is ending quite well from a technical standpoint. 

December 15, 2021 15.12.2021 4:31 ↓

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 taper more aggressively?” 

December 14, 2021 14.12.2021 5:03 ↓

The Fed’s December meeting begins today and there has been much discussion and debate in anticipation of this meeting…