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Wall Street Oasis

BTC Breaks Records: All-Time Highs | The Daily Peel

Wall Street Oasis

Wall Street Oasis

Business

4.9534 Ratings

🗓️ 6 March 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

WSO Weekly Wrapup - ⁠⁠Sign Up for the Newsletter Here⁠⁠ The Daily Peel - Sign Up Here

Transcript

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0:00.0

Good morning.

0:03.0

Good morning, Epes.

0:15.0

Everybody is doing phenomenally well today.

0:17.0

Thank you for joining us for the second installment of the video walkthrough of the Daily Peel here today of course everybody's favorite recorded

0:23.8

video series on everybody's favorite YouTube channel with everybody's favorite

0:27.2

company of course being the Daily Peel and WSO welcome once again to the Daily

0:31.5

Club Global headquarters as you guys can see my shades are still absolute pieces of

0:35.9

shit over here but it's okay because the celtics

0:38.4

have been an absolute wagon as of late in their plane here tonight so we're getting very fired off

0:42.9

for that you know it's a great day to be wearing some celtics gear because the smp 500 has been

0:47.0

played just like the southics lately too ripping in 17 of the last 18 weeks going up higher

0:51.9

putting on the green print as well so it's very much above the the average, but still, we're all here for it. You guys don't what we're coming at you with here today. We got DailyPL number 6161. We're going to be talking about a whole lot, but we're starting off with the services PMI report. Quite honestly, a pretty boring macroeconomics report, but nothing's ever boring over here at the Daily Pew Global Headquarters, especially when you're working with these kinds of apes that we have in the office. But regardless, that's what we're dealing with now. We'll be talking about what's going on there, why it actually kind of paints a little bit of a brighter picture for consumer spending in the outlook of the U.S. economy. All right, then we're going into some stock movers of the day. Of course, New York

1:28.0

Community Bank once again stole the show alongside Target, but we did get some absolute piece

1:32.5

of shit days from some of our favorite stocks to make fun of as well. Then we also got an absolute

1:37.2

piece of shit day from everybody's favorite digital asset being, of course, Bitcoin. Now, I always

1:41.6

forget that I can save that in crypto and I'm on the video because like like I've said, a bunch of times, Google will block the delivery from all of you guys if we say that word even one time. So we've got to be a little bit careful, but here we can have some fun, and you know that's what we're going to do already. All right, taking a look at the market snapshot. I mean, WSOF portfolio absolutely destroyed the S&P 500 yesterday. We lost only 1.01%,

2:03.9

whereas the S&P lost an enormous 1.02%. That puts our annual return at about 6.76%, or a year-day return,

2:12.1

I should say, we're at 6.76. S&P is beating us at 7.08, and the NASDAQ absolutely humiliating everybody else at 7.95%.

2:20.3

But the real league leader is, of course, Ethereum up 62.71% for the year so far.

2:25.3

This thing is ripping absolutely through the roof. Bitcoin, same thing, up about 51.6%.

2:30.3

Yesterday was one of the most volatile days this thing's had in quite a long time. And so it's a lot of fun to see, a lot of fun to see all those whales absolutely dump out of the Bitcoin market after it crossed that hysterical and oh so important $69,000.

2:43.0

All in line, we all know one of the key fundamental analysis techniques within crypto is of course, memeology, and something that we all learn in basic finance 101

...

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