What's up?

What's up, Apes? I hope everybody had a phenomenal start to the week here. I am back to ruin it once again, talking about the daily peel. We are coming at you with our live stream.

Talking everything markets related, giving you the summary from Monday, getting into Tuesday so they can get your portfolio right, hopefully lose a little bit less money on the day.

We got a lot to talk about today. The housing market might be coming back to here in the United States. We got a lot of stock movers on the day as well. A lot of big stock movers there, some out of the crypto sector, some out of the semiconductor specter as always as well. And then some absolutely falling apart, our favorite stock to Bully Fisker back on the decline as well. So we'll be getting into that. Stay tuned for our thoughts as well. And we'll finish up with some of the biggest technological developments. And is it too bold to say human history? I don't know, you'll be the judge of that at the end of this video once we get into that portion of things, but welcome to the Daily Peel's live stream once again. Very excited to get into it all here with you guys. I'm even more excited because it's currently 9.34 p.m. and this has given me an excuse to avoid watching The Bachelor, so, you know, I guess it's the season finale

or something. I'm not a huge fan. I kind of tried to get into it, but I, you know, it is what it is. I'm just glad to be here with you guys. Anyway, let's go ahead and get into the market snapshot today. So WSOF portfolio's solid outperformance on the day with a 0.02% rise, or two basis points in other words but that's always great when the market is actually

down on the day so So, you know, that's given us some positive reprive for the session. The S&P lost a whole 31 basis points. And can you imagine losing 31 basis points? We could never overhear with the WSO alpha portfolio. The NASDAQ only lost 27 bases point to a little bit better, but still absolutely

unthinkable from the Apes that we have working on the portfolio. Guys, go ahead and check out the Tesla report, by the way. It has officially been published. So, go to the website, type in WSO Alpha on Google. It's probably the first or second link. Click in there, find our Tesla report and be blown away or be absolutely embarrassed by our takes and let us know how wrong we are. As always, we want all the smoke so we can't wait to hear it from you guys. All right. Now, outside of those two, we are seeing Bitcoin and Ethereum and the whole crypto sector kind of ripping back to life lately as well. So that's obviously a positive sign. We talk about that in just a quick second because Coinbase was on our big movers of the day. So before we step on too much content, let's go ahead and get it to the banana bits. Of course, the Chicago Federal Reserve, these guys have apparently figured out that X, aka Twitter, exists. It's apparently the first Federal Reserve board to do so because they're starting to publish their data on that site, beginning with the Chicago Fed National

Activity Index, which continued to rise once again. So obviously, a good sign for the economy for the lookout of 24.

Now, digital assets is a tough week for them, or it was a tough lookout using data from last week,

because as we just said, Bitcoin and Ethereum have been ripping this week, but last week was

the first set of outflows that we've seen in at least eight weeks from the digital asset sector.

The past seven weeks, they've been absolutely moaning thanks to BlackRock Fidelity and all these traditional financial companies coming into absolutely save the digital asset sector.

But we did start to see outposts last week.

Grandma and Grandpa apparently aren't down for the volatility of their pulling their money out of the ETFs. We'll see how long it can last. Of course, then we got maybe we are in a bubble because there's only one way that Adam Newman, the man from WeWork himself, is trying to buy back the company once again. He offered about $500 million, half a billion dollars to repurchase his baby. So if this guy's coming back on the scene, you know there's trouble afoot. So we can't wait to see what happens there. Pretty sure he's starting some crypto real estate firm or some bullshit like that. So I'm sure he's scammed somebody else this time. I just can't wait to see who it is. And then, of course, Reddit shares are back on top for the day. The ultimate meme stock ripping 30% on the day. There's only its third trading day ever here, really second and a half because when you debut usually start trading around 11 a.m. Eastern so you miss the real hot opening. But it was up 30% to start this week. Obviously a good side for the social sector, for the IPO sector. Hopefully some actual good companies IPO as well recently. You know, we're waiting on things like Stripe is kind of the number one that everybody's been waiting for. You've got other players like Sheehan, skims, a bunch of other ones look at IPO this year. Databricks, another one that we're excited about. So we will definitely see what happens if they actually do IPO, but let's talk about something that actually did happen instead. So today we get the trifecta of housing reports. We got the new residential construction report. Well, actually, we didn't get it today, but we're talking about it today. So you guys are getting it tomorrow, technically. And, you know, to really understand this, I think we've got to go back to 1989.

What great American classic film, the Field of Dreams, was first released. And they said,

if you build it, they will come. Home builders have taken that advice and told Field of Dreams

to shove it up their ass over the past decade. They haven't built a single home, it feels like,

because homebuyers like you and me, idiots dumb enough to try to buy houses in 2024.

We know how screwed we're getting, you know, back in the day in 1989.

When the film was released, the median sales price of a home in the United States was $118,000.

As of Q4,223, that sat at $417,000.7.

So a gain of 254%. Now, that does come out to a little bit less than 4% annualized. Really not a crazy return. But hey, I can't even imagine what it would have been. If they actually continue to build if we didn't have the GFC, we might be in a little bit better of a position right now. Really the big problem was you and I were out there doing some bullshit playing recess, drawing on coloring books, when we should have been touring multifamily

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