What's up, Apes?

Welcome back to the Daily Peels podcast slash video stream of the day.

My name is David.

Thank you for joining us once again on this beautiful Tuesday, July 16th, 2024.

It is currently 8.03 p.m.

and we got a lot to talk about here today. I know I say that every

single day, but I actually mean it today. But before I get into it, shout out to a very wise ape,

quite astute, maybe the wisest ape out there for catching something that I didn't even realize

that you guys can see in these videos, but you did notice that I hadn't changed the date on my

calendar since about June 20th, as of yesterday.

So appreciate that somebody's doing their diligence because I know I have absolutely not.

Now, with that said, we're going to dive into bank earnings reports today.

We're also going to talk about why Jerome Powell was causing uncertainty by creating certainty in the market and other, you know, takes.

And just, you know, we're creating content. It's entertainment as much as it is information, right? So we're just throwing shit out there and seeing what sticks. So let's go ahead and get into it. First of all, absolutely phenomenal day for the Apes and W. So Alpha, they heard me yesterday talking about how I was ready to fire each and every single one of them. And they turned it around because we had a big update we were up about 89 basis points for the session so that was compared to

i don't have it pulled up right now but i believe the nasdaq was up about 60 basis points let me go ahead and

pull it up uh actually the fmp was up 60 basis points 64 basis points to be exact and the nasdack

was up a fucking embarrassingly pathetic 20 basis points for the basis points to be exact, and the NASDAQ was up a fucking embarrassingly

pathetic 20 basis points for the session.

Tough day for big tech as people are starting to realize that there are other stocks in the

market.

And in fact, there's 493 other stocks in the SB 500 that they can still go ahead and buy.

It looks like a rotation into smaller caps is still underway, especially today after what Powell said about rates, which we'll get into at the very end of the video slash podcast.

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