Gene Peroni's Daily Podcast Gene Peroni

With 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.

Gene Peroni’s Daily Podcast: Yesterday’s breakaways in the S&P 500 and Nasdaq completed cup-and-handle formations for those two indices.

The Dow did not check all the technical boxes in last Friday's surge.

This May has been a "Sell in May and go away" scenario for stocks....It's been a very strong month for the market.

The Dow has now fallen 2.5% from it's recent all time high. The bulk of that decline occurred yesterday.

First quarter earnings results from an AI chip giant is sending the stock higher pre-opening.