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Wall Street Oasis

E260: The Daily Peel | Black Friday Football Madness

Wall Street Oasis

Wall Street Oasis

Business

4.9534 Ratings

🗓️ 28 November 2023

⏱️ 17 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

Well, good morning to all the apes out there here.

0:08.8

We're going to give it a couple seconds.

0:10.5

Allow some people to join this live here.

0:12.4

But while we're doing so, we can certainly lament the fact that the beautiful holiday weekend.

0:16.9

I'll just enjoy it.

0:18.1

Has officially come to an end.

0:19.8

Cyber Monday was pretty sweet. I hope you guys got some great deals out there. There was a lot going on on Amazon and in between. It turns up that Amazon actually isn't the only store in the world. I just learned this yesterday and we can get a quick target run. I was trying to buy a Christmas tree from my apartment here at one of those fake little trees. I showed up and the thing had a $275 price tag on it. I mean, these people must be out of their minds. But either way, since this holiday weekend is over, it's got us thinking about the next holiday set to come up. Towards the end of the year, Christmas, Hanukkah, and everything else that comes along with that, that you might be celebrating, and especially New Year's Eve. Now, New Year's Eve personally, that's got to be a top

0:55.3

three holiday, at least here in the United States, in addition of the 4th of July, Halloween,

0:59.6

all the other fun ones like that. Who does a love some New Year's Eve? We're certainly looking

1:03.5

forward to it, you know, but in the meantime, we'll definitely have a lot of stuff to talk about over here.

1:09.1

All right. So it looks like we got some people up and in. So once again, good morning to all the beautiful aides out there. It is officially Tuesday, November 28, 2023 and 1134. And we're going live here this morning. Now I know we are live a little bit later than we usually go and much later than we we like to be but markets are off to a hot start here this

1:28.4

morning we've been seeing a green print all day so far hopefully that continues for all the bears out there

1:33.2

of course we are coming at you live from the daily field global headquarters as always location still

1:38.7

undisclosed but let's go ahead and get into things here because we have a lot to talk about today

1:42.5

so still kind of in recovering mode from the big holiday week that happened last week, so not exactly a whole lot going on. No major economic releases here today. We will get Kay Schiller, but that is an absolute piece of garbage. But I did just get some good news this morning that Redfin is coming out with their own home price data that's supposed to be a lot more current than the Kay Schiller data that essentially tells you what happened three to six months ago. But either way, we did get some housing data yesterday that we'll dive into down the low. We got a not earnings reports, but we've got a lot of strong reactions to a lot of names related to, you know, the holiday season going on and everything else along with that, a lot of fun stuff there that we'll get into then finally amazon you know arguably the king of innovation in silicon

2:22.5

valley or in delby washington i guess i should say but these guys they turned football into an even

2:27.8

bigger consumerist nightmare than it already is so we can't wait to talk about that at the very end here

2:32.4

all right let's see how markets did yesterday.

2:34.8

So another Pino Noir day, a nice light red.

2:38.4

The Russell 2K led the losses with a 0.33% loss.

2:42.9

That's a well-capped index, indicating that yesterday was a large-cap day,

2:46.8

not that they performed well, but just that they performed a little bit better.

...

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