Ford's Worst Trading Day Since 2009: Can They Recover? | The Daily Peel
Wall Street Oasis
Wall Street Oasis
4.9 • 534 Ratings
🗓️ 26 July 2024
⏱️ 22 minutes
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| 0:00.0 | What's up apes? Welcome back to another edition of the DailyP PLs podcast slash video stream of the day. |
| 0:11.8 | My name is David. Thank you all for joining us once again on another edition of the podcast here. |
| 0:16.4 | Guys, by the way, make sure if you love WSO's content, a great way to give back is just simply by liking, subscribing, giving a thumbs up, leaving a rating talking about how dope it is, a five-star rating, whatever you want to do to just help boost our algorithm a little bit. We would absolutely love the support out there. We love all of you guys who come back and watch or listen to us on a regular basis. I don't know how you can stand listening to my voice on a regular basis with that regard. But nonetheless, if you want to give back to WSO and help us out at all, make sure to boost our algorithm. We would love you for it. And I'll send you a free kiss in the mail if you do so as well. With that said, I'll stop before the sexual harassment claim start rolling in. Let's go ahead and get into the stuff that everybody actually |
| 0:54.2 | cares about. So markets today, following on the absolute massacre that occurred on Wednesday, |
| 1:00.8 | we saw definitely not a strong performance from markets today. It was looking semi-decent for |
| 1:06.2 | most of the session, and then a couple of down to a couple of big red arrows to finish the |
| 1:10.6 | session, to be in the NASDAQ down 93 basis points for the session and the a couple of down to a couple of big red arrows to finish the session. |
| 1:11.2 | So we had the NASDAQ down 93 basis points for the session and the SB 500 down 51 basis |
| 1:15.9 | points. |
| 1:16.6 | Big Tech once again getting absolutely railed. |
| 1:18.7 | We saw Microsoft down 2.5%. |
| 1:20.6 | Google down another 3% after earnings and Tesla. |
| 1:24.2 | Tesla actually did start to make a comeback, which helped out the WSO Alpha portfolio |
| 1:27.5 | quite a bit, and is the reason why we absolutely smoked all the indexes today. It wasn't even close. |
| 1:33.0 | Monster update for the WSO Alpha portfolio in comparison. We were up a huge one basis point. Yes, |
| 1:38.9 | 0.01% for the session. But that brings us to a glorious 9.55% for the year because, God damn it, |
| 1:46.9 | the last couple of days have been brutal. But nonetheless, Tesla's starting to make a comeback, |
| 1:51.1 | and that really has been a big driver of our portfolio over the past couple of months, |
| 1:54.6 | since it ripped off of bottoms in late April. And now it's starting to pull back a little bit |
| 1:59.0 | in the aftermath of earnings. But go check out our edition from a couple of days ago talking about Tesla's earnings, why it's not that bad and why the market is really showing its paranoid schizophrenia in full force with the reaction to Tesla's earnings. So let us know what you think. Let us know if you're buying shares. Okay, moving on down. We got a lot of stuff to cover here today. So, first and foremost, we're going to be talking about US GDP in just a quick minute because we just got the latest update for the numbers in Q2, and I think you're going to like what you hear, unless you're, you know, Xi Jinping or something. You'll probably enjoy what you're going to hear from here on out. Then we're going to get into some of the big stock movers of the day. It turns out that war is absolutely phenomenal for shareholder value. And God, that makes me just fucking love capitalism even more than I already did. You're telling me I can profit off of dropping bombs on people. Let's go. Let's get into it. And then it does appear that teenage girls are experiencing an enormous and brutal recession. |
| 2:53.2 | I don't know if it's a recession in their job market or daddy's money or what it could possibly be. |
| 2:57.7 | But we'll break that down in just a quick minute as well. |
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