All right, good morning, apes, and welcome back to the DailyPeele's live stream

slash podcast slash everything that you would hope and dream financial media to be.

We're happy to be back here today with you guys.

It is 1157 AM, barely still morning here on this beautiful Thursday, January 4th, 2024.

Of course, we're coming at you live from the Daily People Global headquarters today.

Not a whole lot of places that we wanted to check out here this morning.

So I am just back in the headquarters with the rest of the apes here. But always wonderful to have our beautiful apes on this live stream. Thank you guys for joining me once again. You already know what's going on. We're going over all the action of markets yesterday with Daily Peel number 619 here. Can you believe it's been 619 editions? I certainly can't, but that's what we're up to here on

January 4th. We got a lot to cover because there actually was for the first time in what feels like

weeks, some actual meaningful reports gone around here. So we get a lot to talk about. Let's go ahead

and stop wasting our time and dive right in. So first and most importantly was the said meeting

minutes that dropped yesterday.

This is relevant to the most recent meeting, which was, of course, on that December 13th date. We'll dive into some of that stuff and see what kind of game jib how is spitting this month. Maybe it'll get us a little bit more prepared for the coming meetings. We got one at the end of the month here. Then again, in March, May, all throughout the year. Once again, we'll be just as entertained as last year. But even more entertaining, arguably, with some of the stock price movements yesterday, to the upside, really tough call to find anything that moved higher yesterday, to be quite honest. Thankfully, Eli Lilly had some good news coming out. So that made my life a lot easier. But we had some solid movements from energy stocks as well. In the meantime, SO-Fi technologies and Xerox wish that they can just forget that day. We'll go over into all of that. We'll bully them a little bit, as we always like to do. And then, of course, finally, speaking of bullying as well, fidelity is kind of pushing around Musk and the rest of the team over at X here. We dive into that below as well and so with no further ado

let's go ahead and just recap what happened yesterday and markets more broadly real quick so

happy thursday h once again it is thursday here but yesterday on wednesday just two trading days into

2024 we're already getting our vibes killed both days has been relatively rough especially

for names like the Russell 2000.

Small caps are getting absolutely brutalized. Once again, they're victims of equity market violence here,

and they lost 2.68% yesterday. Well, the other indexes, they were down, but they went out too, too much.

The doubt was the leader with the 76 basis points lost. But the best part is that even though WSO Alpha lost 99 basis

points yesterday, still managed to outperform the index. But outperforming the index when you lose less

money is not really that much of a brag. So we're going to try to avoid saying that both forward,

but still off to a weak start in the sense that we have lost on both days. But we've also outperformed the NASDAQ on both days. So can't really be too mad about that. Now, treasuries in the meantime, they've been relatively, you know, trying to keep us on our toes, but still a little bit boring so far this year. Tenure did briefly brief to that 4% level yesterday, not by close or anything like that at all. By the end of the session, it was more so around 3.9%. While the two-year move similarly, it was a little bit less retreative in terms of falling back to its original levels. Started off the year round 425, now we're at 435. A lot of that seems to be coming from this hawkish rhetoric out of the Fed, which is definitely a big vibe killer. But before we dive into that, let's go over some of the stories of the day.

...