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Wall Street Oasis

CPI Report Set the World on Fire | The Daily Peel

Wall Street Oasis

Wall Street Oasis

Business

4.9534 Ratings

🗓️ 16 April 2024

⏱️ 23 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

What's up, Apes. Hope everybody is having a phenomenal day, phenomenal evening or morning, depending on what you're watching this, and most of all, a great week so far. Happy Friday to everybody out there. We are of course coming at you now with the video stream for the Daily Peel of the Day. You guys know how this goes. It is currently 9.48 p.m. right now, so we're coming at you a little bit later than usual. I just had to go pick up my dog from surgery, so he's got some brand new hips.

0:23.2

He's ready to go.

0:23.9

He's all firing up. He's actually contained in a cone and the most depressed that I've ever seen him. But then again, I have had him for about six weeks. So it's really not a whole lot of time. But, you know, thoughts and prayers go out to Gusy Boy. Anyway, let's go ahead and get into some market action for the day. So W-Soo Alpha portfolios once again killing it. I mean, I can't say that I'm surprised, but I'm definitely impressed, to say the very least. We were up about 93 basis points on the day, almost a full percent, absolutely smoking the S&P 500, but we did still underperform versus the NASDAQ, which, you know, once again,

0:54.9

when you're, uh, we're letting the NASDAQ kind of gain some steam on us here a little bit. The SMP is way too easy to be. You know, we were trying to let them run up a little bit, but they only rose 74 basis points today, whereas the NASDAQ kind of danced all over us and the rest of the market with a 1.68% rise. we saw some very strong games

1:11.1

particularly from Apple, Nvidia, Google

1:13.2

and we do hold shares in rest of the market with a 1.68% rise. We saw some very strong games, particularly from Apple,

1:12.4

Nvidia, and Google. And we do hold shares in Apple and in a lot of the other names that rose quite a bit

1:17.7

on the day. But, you know, obviously it's a much smaller waiting to big tech than the SB 500 is.

1:22.3

That barbell strategy coming in once again. But hey, we'll take beating the S&P 500 every day of the week.

1:44.3

All right. Moving into some of the more, you know, lesser stories that we haven't talked about yet and might talk about in the future, but didn't care enough to talk about it at least today. Let's get into some of the banana bits. Oh, before we do actually, thank God that I left this in the banana bits, or I would have forgot. Join our Discord server. We just launched a Discord server for all of you daily peel subscribers and we got

1:49.2

some even more exclusive channels for WSO Alpha subscribers are very wise the apes of all. Now,

1:54.6

everybody who joins this Discord is a very wise ape. I mean clearly to be hanging out with

1:58.6

WSO shooting the shit about markets and all losing money together, what could be more fun than that?

2:03.1

It's like a modern day on slash Wall Street bets, is how I would like to call it.

2:06.8

We're bringing the energy back.

2:08.3

We might not be, you know, sending stocks on the moon like GME, but once the WSO alpha portfolio does become an ETF, expects similar performance to GME in January of 2021. All right, join our Discord server. It's linked in the peel or search. I actually don't know how you would find that outside of the links in the peel. So go fucking to the Daily Peel edition and click on that shit and join there. Go in there and tell me which one of my opinions you hate the most. I would love to hear about that.

2:35.2

Let's get some energy going.

2:55.0

Let me know what I've been the wrongest on besides my grammar and word pronunciation. What have I been the wrongest on, or I guess the most wrong? Anyway, let's get into some actual stories for the day. So this is something that we're going to be talking about on Monday because it's very pertinent to you all, to myself, to everybody in WSO Academy, and really the entire US economy here.

2:58.8

You know, investment bankers, absolutely goodness of their hearts, these people are willing to put in 80 to 100 hours per week just out of the goodness of their hearts in order to be

3:02.8

driving shareholder value, and the ruthless economic gods.

3:06.2

They took away that ability in the first quarter of this year, at least in March, because deal activity fell about 22.8% in the month of March. So obviously, they don't want us to be out here getting our bags, or I should say you guys that actually work on MNA transactions. Let me know if that's actually slow me down a lot for you, but, you know, if you didn't get the Evercore offer, this is clearly why. Anyway, the cost of not being homeless, aka monthly home payments, has now hit a fresh all-time high at $2,787. This is just another all-time high. Pretty much every month before it has set an all-time high as well, so we're not too surprised, but we're definitely depressed, And we're going to be talking about housing in just a couple of minutes. So make sure to stay tuned for that. Make sure you're aware of exactly how fucked you're going to be in terms of buying a house over the next decade, decade and a half or so. Now, anyway, California came out and basically, you know, I don't know if you guys heard this, but Elon came out relatively recently and said that, hey, we're going to be launching a Robotaxy Service in the beginning

4:01.1

of August throughout California and throughout the United States, really.

...

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