What's up, Apes? Welcome back to the Daily Peels Daily Podcast of the day. Thank you all for

tuning back in on this beautiful Tuesday, August 13th, 2024. It is currently 7.06 p.m.

And you know what it is. We got a lot to talk about with markets here today. Let's go

ahead and get right into it. We got a lot to go over. So we got the latest inflation data to talk

about, of course, because that was a little bit concerning, but probably not for the reasons

that you're thinking about there. So we'll break it down for you in just a few minutes. Then we're

going to be moving into some of our big stock moves of the day. Make sure to stay tuned to get all of our thoughts on the company that is absolutely eating all of Nike's lunch. They wonder where all their revenue is going. Well, we found it here and then, of course, find out how Chipotle is getting completely fucked on worse than just about any other S&P 500 company for the session. Then, of course, we'll finish it up with the United States going nuclear. And if you want to know what I mean by that, stick around for the end of the video. My name is David. Like I said, thank you all for joining us. So getting right into the important things, the WSO Alpha portfolio. So relatively solid day for the session, you know, Tesla had a good day. Zillow had a good day, builders first source great day for the home building and really anything related to the housing

market stocks mostly lifted by Home Depot, which we'll talk about in a quick second. But overall, the alpha portfolio is up 1.48% for the day. Not earning any alpha on the daily session, unfortunately, but still, trust me. Go ahead and sign up for WSO Alpha. You can see

all of our brokerage reports from the past. You can see our return since inception, 10 years, five years, three years, two years, whatever you want to do, because literally you would have to cherry pick this data for 2024 so far to show that we're underperforming, but it still is the case. Nonetheless, the NASDAQ was up 2.43% for the day.

The SB 500 up 1.68%.

Most of this limited... it still is the case. Then the less, the NASDAQ was up 2.43% for the day.

The SB 500 up 1.68%.

Most of this lift comes from the added probabilities for a rate cut at the September

meeting because of what we saw in the inflation report for the day.

So we're just going to go ahead and move right along into the banana bit so that we can

talk inflation and that I don't take up as much of your day as an actually decent sitcom and so we can actually, you know,

adhere to the standards that we should probably uphold. Okay, moving into these banana bits,

we have, first and foremost, great news because the basic foundation of just about every

retirement plan in the United States is finally back in session,

because stocks and bonds finally have uncoorrelated returns for the first time since Gen Z's version of NAM,

which really is the COVID pandemic and being locked at home with your family.

I don't know which one I would prefer to be sent to a battlefield in the jungles of Vietnam or to sit at home with my parents again.

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