Senators vs JPOW: Who Won the Battle And Shaped the Market? | The Daily Peel
Wall Street Oasis
Wall Street Oasis
4.9 • 534 Ratings
🗓️ 8 March 2024
⏱️ 18 minutes
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| 0:00.0 | Good morning, |
| 0:03.0 | Ipe |
| 0:05.0 | Hoopo |
| 0:06.0 | Good morning, |
| 0:11.0 | I hope everybody is doing fantasticly well here this morning, |
| 0:18.0 | and thank you everybody for joining us once again here on the Daily PLs video stream for the day it is of course friday march 8th 2024 always very happy when it's |
| 0:27.3 | friday but not super happy that it's only 924 a m here we haven't seen markets open up just yet this |
| 0:32.5 | morning be futures trading a little bit interestingly here in light of the job creation data coming out here |
| 0:38.1 | this morning we saw about 275,000 jobs get added we're going to be talking about what it looked like |
| 0:43.2 | as of yesterday and see how that kind of balances against what the market's expectations were |
| 0:47.5 | make sure you stick around to stay to and for a lot of that information all right but of course |
| 0:51.7 | we got a whole lot of other stuff to talk about as well. |
| 0:54.3 | We got a lot of stockmorphs of the day. Victoria's Secret had a single worst day in history. |
| 0:59.3 | The entire history of this thing being a publicly traded company yesterday, Thursday, |
| 1:02.9 | March 7th, 2024 was the absolute worst ever. Then of course, we did have Fed Chair Jerome Powell |
| 1:08.4 | finishing up his testimony on the Senate. He finally gets to leave Capitol Hill, thank God. I'm sure that's his absolute favorite thing to do. I can imagine it would certainly be pretty much every rational person who has to stumble into that God-Forsaken place. But with no further ado, let's go ahead and check out the market snapshot here today. So WSuma Alpha portfolio had a pretty strong day yesterday. Not going to lie, |
| 1:28.5 | when I was looking at the portfolio, I was like, this is great. We definitely all performed |
| 1:31.8 | up 95 basis points, and obviously we got completely slammed. The SB 500 was up 1.03%, 103 basis points, |
| 1:40.2 | whereas the NASDAQ was a massive 151 basis points, so it felt like I just got slapped in the face, basically looking at that data. |
| 1:46.8 | We are still underperforming both indices for the year. |
| 1:49.3 | Not entirely by too much of WSO alpha up 8.63% on the year, with the SMP of 8.74%. |
| 1:55.5 | We're all getting dominated by Bitcoin and especially Ethereum anyway, with both of those assets rising more than 50, |
... |
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