With just a dozen days before the election, the CBOE Volatility Index is in a basing pattern, which is of some concern.

The DJIA produced a nice pivot from the late September lows.

Today is the 33rd anniversary of the stock market crash in 1987.

As we begin the 3rd quarter earnings season there is some good technical cushion for the market to fall back on if there’s volatility.

In recent weeks I’ve been mentioning the improving structure of the DJIA from a technical standpoint.

The frontpage of today’s New York Times includes a graph of the S&P 500 from the drop in yesterday’s session after President Trump’s tweet.

Reports of President Trump’s improving condition gave the market a boost yesterday.

Gene Peroni, Jr.’s highly sought after stock market commentary is now available for September 24, 2020. Click on the media player below to hear daily commentary from one of the most respected equity strategists in the industry.

Gene Peroni, Jr.’s highly sought after stock market commentary is now available for September 24, 2020. Click on the media player below to hear daily commentary from one of the most respected equity strategists in the industry.

Gene Peroni, Jr.’s highly sought after stock market commentary is now available for September 24, 2020. Click on the media player below to hear daily commentary from one of the most respected equity strategists in the industry.