What's up, Apes? Welcome back to the Daily Peels video stream slash podcast of the day.

My name is David. Thank you all for joining me once again.

Here on this beautiful Monday, June 24th, 2024, it is 7.43 p.m.

Let's go ahead and get ready for the ticker tape tomorrow. So first of all, we got to talk about the WSO-Alpha portfolio because yesterday was a bit of a rough one. We lost 20 basis points for the session, but it was literally nothing compared to the humiliation and suffering that the NASDAQ index levied on its holders. So that index was down 55 basis points for the session. Meanwhile, the SP 500, it was down for most of the day, but they had a strong uptick late in the session and ultimately finished up about five basis points. So nothing too exciting there. We are still underperforming both indexes for the year, but not by too too much, especially not too much by the NASDAQ anymore. The Dow was up 73 basis points, not that anybody cares. The Russell 2000 up 92 basis points. So small caps were actually leading the day with Nvidia plummeting like a rock. And we'll talk about that more specifically in just a quick second. But guys, remember to go ahead and sign up for the WSO-O portfolio. We have a new research report that's going to be dropping towards the end of this week.

It's going to be an interesting one and I expect a whole lot of hot takes out of the community.

So make sure at the very least to be joining our Discord because it is completely free.

I'm dropping a link in tomorrow's edition as well as we do, you know, roughly weekly.

You can also find the Discord on our social media channels.

I've been trying my best to

figure out how to make this Discord link actually like so it doesn't expire. They have a little checkmark button that you can check to do it, but it doesn't seem to be working to. Never mind. Whatever. Just click the link tomorrow and you'll be good to go. Anyway, let's go ahead and get into some of the banana bits for the session. So first and foremost, we have a chart for this first banana bit here.

What you're looking at right there is. Anyway, let's go ahead and get into some of the banana bits for the session. So first and foremost, we have a chart for this first banana bit here.

What you're looking at right there is the S&B 500's aggregated PE ratio or price to earnings ratio,

basically showing how expensive $1 per earnings is according to the current market value of the index.

So what we're seeing right now is that it has absolutely skyrocketed since the

about summer of 2023 towards the beginning of 2023. We are now back at 25.1. As you can see,

this black line right here is the average since about 1988. And so we are well above that. Now,

we're not quite at 2020 levels just yet. We are surpassing 2021 levels right now. So it's getting into that kind of fear and greed territory at this point, once again. We'll see if it actually plays out like that. But I mean, when you have a company like Nvidia that's run up more than a thousand percent in just the past couple of years and past a couple of really year and a half and they control you know i think

they're about six and a half seven percent of the index right now third largest company in the

world briefly we're the first largest i can't i'm stepping on our content we'll talk about this

in just a minute let's go ahead and move on to the rest of the banana bit so demand for travel

shows absolutely no signs of slowing down. Business travelers are through the roof

and that's boating very well for leisure companies like hospitals, like rental car services, like

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