Happy Independence Day! ๐บ๐ธ Celebrating 240+ Years of Freedom and Market Insights ๐ | The Daily Peel
Wall Street Oasis
Wall Street Oasis
4.9 โข 534 Ratings
๐๏ธ 4 July 2024
โฑ๏ธ 18 minutes
๐๏ธ Recording | iTunes | RSS
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| 0:00.0 | What's up Apes? Hope everybody's doing phenomenally well out there. Happy Independence Day to all of my |
| 0:12.2 | American Apes out there. It is the 4th of July, the single best holiday in the entire world |
| 0:16.5 | when we booted those fucking ugly ash, disgusting teeth, English people off of our land. |
| 0:21.2 | I am so sorry to all my apes out of the UK. You guys are great too. It's just such, |
| 0:25.3 | such an easy target to be able to make fun of, especially on a day like today when we're |
| 0:29.1 | celebrating, you know, more than 240 years of independence coming up close on 250 years, |
| 0:34.5 | although, you know, that 250 is going from 1776, but real historians know that the |
| 0:40.1 | Revolutionary War began with the Battle of Bunker Hill in 1775 and didn't end until about September |
| 0:46.0 | of 1783 with the Battle of Yorktown. So some good stuff, great reasons to be celebrating. |
| 0:51.1 | Let's get ready for the markets on Friday here because unfortunately, |
| 0:57.9 | even though there is a day in between Independence Day and the weekend, we're going to get up, |
| 1:02.4 | we got to trade, we got to make money. So let's get ready for that right now because we get a lot to cover in today's edition. So first and foremost, the WSO Alpha portfolio, we had a relatively |
| 1:07.8 | solid day here because of Tesla's relative outperformance. Once again, we wrote 25 basis points. Now, we did underperform the rest of the market for the day. What can I say? Was a good day for big tech. We're not just going to follow the entire rest of the world into the big tech trade. That's not fun. It's not worth paying for access to a portfolio, if that's what we we're doing but we are not here for short-term |
| 1:27.5 | outperformance we are here for the long term now our three leading stocks of the day where tesla |
| 1:31.9 | nphaz and zillow three very recent purchases and ones that we've published recent research reports on |
| 1:36.8 | so make sure to go ahead and subscribe to wso alpha if you want to be part of all of this alpha |
| 1:42.1 | going forward now of 25 basis points like i said solid day. We're up 11.86% on the year, underperforming the NASDAQ in the S&P, but not for long. Let's go ahead and get into some of the banana bits for the session. So first and foremost, retail investors are going balls deep in the market right now. They are currently investing more in stocks in the least in |
| 2:01.5 | cash than they have since November of 2021, which for those of us who don't remember, that was the |
| 2:05.9 | market high. That was the NASDAQ and the SP500's high in about mid-November of 2021. So |
| 2:11.5 | retail investors are feeling about as bullish on stocks as they were back then. Now, we're obviously |
| 2:16.5 | not at all-time highs |
| 2:17.5 | exactly right now. We're, you know, flirting with them just about every single day, but we |
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