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Wall Street Oasis

I Made Up Being #1 Podcast... Here's Why ๐Ÿ“ˆ | The Daily Peel ๐ŸŒ

Wall Street Oasis

Wall Street Oasis

Business

4.9 โ€ข 534 Ratings

๐Ÿ—“๏ธ 13 September 2024

โฑ๏ธ 35 minutes

๐Ÿงพ๏ธ Download transcript

Summary

Join us for today's Daily Peel as we dive into the latest market movements and economic updates. We discuss the recent inflation report, its impact on the S&P 500, and what it means for the Federal Reserve's upcoming interest rate decision. Plus, get insights on major stock movers like Kroger, Roku, Moderna, and Wells Fargo. We also explore the current state of the housing market and what it means for potential buyers and investors. Don't miss our engaging analysis and witty commentary on the day's biggest financial news! ----------------------------------------------------------- ๐ŸŽฏ ๐—Ÿ๐—”๐—ก๐—— ๐—” ๐Ÿฒ-๐—™๐—œ๐—š๐—จ๐—ฅ๐—˜ ๐—›๐—œ๐—š๐—› ๐—™๐—œ๐—ก๐—”๐—ก๐—–๐—˜ ๐—ฅ๐—ข๐—Ÿ๐—˜ (๐—š๐—จ๐—”๐—ฅ๐—”๐—ก๐—ง๐—˜๐—˜๐——) Interested in landing a role that can pay you upward of $๐Ÿฎ๐Ÿฌ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ right out of the gate? What if that was guaranteed? Come learn more about WSO Academy: https://www.wallstreetoasis.com/academy?affiliate=socialwinner-youtube ----------------------------------------------------------- ๐—ช๐—ฆ๐—ข ๐—ช๐—ฒ๐—ฒ๐—ธ๐—น๐˜† ๐—ช๐—ฟ๐—ฎ๐—ฝ๐˜‚๐—ฝ - โ โ ๐—ฆ๐—ถ๐—ด๐—ป ๐—จ๐—ฝ ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ก๐—ฒ๐˜„๐˜€๐—น๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐—›๐—ฒ๐—ฟ๐—ฒโ โ  https://www.wallstreetoasis.com/media/newsletters/wso-weekly-wrapup The Daily Peel - Sign Up Here https://www.wallstreetoasis.com/media/newsletters/the-daily-peel Join our Discord - Sign Up Here https://discord.gg/Dn3YJZTbsF ----------------------------------------------------------- ๐—ช๐—ฆ๐—ข ๐—ฃ๐—ผ๐—ฑ๐—ฐ๐—ฎ๐˜€๐˜: Apple: https://podcasts.apple.com/us/podcast/wall-street-oasis/id1463441793 Spotify: https://open.spotify.com/show/7nQxuApNXFkUSvojQGKyAQ?si=GrYh2zIHSsub8S8xIX0PjQ&nd=1 Stitcher: https://www.stitcher.com/show/wall-street-oasis-2 ----------------------------------------------------------- WSO Courses: https://bit.ly/2ESzrv2 WSO Resume Review: https://bit.ly/2Z0DFYq WSO Mentors: https://bit.ly/3lIHoUi WSO Events: https://bit.ly/350vMGd

Transcript

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0:00.0

We're already the most popular and influential podcast slash video streamer, not really streamer, but it feels like it's stream when I'm recording it in the entire world. So, you know, there's not really much improvement that we can have going on here, but hey, we'll still take feedback from you. You might be saying to yourself, David, who the fuck told you that you're the most popular podcast in the entire world? Well, my sources, I fucking made it up. But, you know, we're going to

0:21.3

pretend like it is until it actually comes true.

0:30.4

What's up, Eames? Welcome back to another edition of the Daily Peel's Daily Podcast of the

0:34.5

day. Thank you all so much for joining us here once again on this beautiful Thursday, September 12th, 2024. It is currently 6.59 p.m. about to turn 7 o'clock, aka my bedtime,

0:44.8

over here in the eastern coast of the United States. You might be saying yourself, if you're

0:49.5

watching this on video, David, what's going on over there? Did you get a new makeup routine? Did

0:53.9

you get a new haircut? Did your mustache double in size? What's going on? Because something seems a little bit different. Well, unfortunately, it's none of those things, although those would probably all help me out greatly. But instead, what we're talking about here today is the new setup that we have going on at the Daily Peel Global Headquarters, the brand new offices of the Daily Field Global Headquarters that we just moved into, trying out something a little bit new here today. So let us know if you guys like it, if you hated, compared to our usual style of me with my phone and the green screen behind me and then we just kind of mix it up as we go versus what is about to happen that you're about to see unfold. We're already the most popular and influential podcast slash video streamer, not really streamer, but it feels like a stream when I'm recording it in the entire world. So, you know, there's not really much improvement that we can have going on here, but hey, we'll still take feedback from you. You might be saying to yourself, David, who the fuck told you that you're the most popular podcast in the entire world. Well, my sources,

1:44.6

I fucking made it up. But, you know, we're going to pretend like it is until it actually

1:47.9

comes true because like we talked about in a recent piece, economics and specifically

1:51.6

inflation is one of the few areas in the world where actual manifestation actually

1:56.1

work. So if you're into that bullshit, get into economics because it's the only place that

1:59.8

it's actually going to matter.

2:01.9

Speaking to economics, let's go ahead and dive into today's daily peel.

2:05.6

There was a lot of movement going on in markets here today, digesting some additional inflationary movement that we got going on.

2:11.5

Now, the S&P 500 finished the session up about 75 basis points rising intraday.

2:16.8

After a scary opening once again

2:18.3

in reaction to the inflation report NASDAQ was up a full percentage point 100 basis points even

2:23.2

WSO portfolio outperform the S&P 500 which really isn't even an accomplishment because of how

2:28.4

fucking easy it is to do we do it just about every single day I don't know what's wrong with

2:32.1

these active managers when they can't keep up with us.

2:53.9

But nonetheless, that's the situation that we're in right now. WS5 portfolio of 86 basis points for the session, back to about 9.45% total return for the year. Actually, that's not total return. That's only price movement, dividends, and shit like that. We'd probably bump it up to maybe 10% or so. still drastically underperforming the S&B and the NASDAQ.

3:41.9

I promise you guys, if you look at any, like, nine month period besides 2024 so far, we tend to outperform quite a bit, but it's been a rough year for us. It's very choppy waters in that regard. We're very risk on portfolio, too. So, you know, you got to expect these fluctuations. But if you're in for the risk, then come join us. Go subscribe to WSO Albuf. All right. Like I said, we got a lot to talk about here today, including a brand new inflation report. We're talking about wholesale inflation today, which came in about as boringly as you would expect it to. It doesn't really change too much for the inflationary picture, but certainly could for the Federal Reserve going forward with that huge interest decision coming early next week or about midway through next week. We're then going to be going into some of our biggest stock movers of the day. Now, we did get some pretty wild movements from companies like Croker, aka the guy who, according to Kamala Harris, has been price gouging americans far and wide from c to shining sea we'll talk about why that is absolute dog shit and completely

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