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Wall Street Oasis

The Economy is on Fire | The Daily Peel

Wall Street Oasis

Wall Street Oasis

Business

4.9534 Ratings

🗓️ 29 May 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

WSO Weekly Wrapup - ⁠⁠Sign Up for the Newsletter Here⁠⁠ The Daily Peel - Sign Up Here Join our Discord - Sign Up Here

Transcript

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0:00.0

What's up apes? Welcome back to the Daily Peel's video stream of the day. My name is David and thank you for tuning back in with us once again. It is currently Tuesday, almost said Monday, May 28th, 2024, currently about 7.46 p.m. Coming to Asia Live once again with our Daily Peel video stream. Of course, getting you guys ready for markets and the ticker tape tomorrow so that you don't blow yourself up. like we somehow managed to avoid just about every day.

0:22.8

We'll be getting deep into the markets in just a quick minute. But before we do that, hope everybody had an absolutely phenomenal Memorial Day. You know, it's a great reason to celebrate. It's a great holiday that we have here. Really, any three-day weekend is honestly a great excuse to celebrate and get unbelievably hammered regardless of what your parents say or how much of a problem you're causing at the family

0:41.2

barbecue. weekend is honestly a great excuse to celebrate and get unbelievably hammered regardless of what

0:38.2

your parents say or how much of a problem you're causing at the family barbecue.

0:42.1

So hope everybody had a great weekend, hope you got nice and rowdy as the troops would have

0:45.6

wanted you to.

0:46.6

Now, speaking of getting very rowdy, Boston Celtics, baby, if anybody wasn't listening to my

0:53.2

sports takes beforehand, it has to be a lock at this point. What have they lost three games combined in the playoffs so far? I mean, absolutely walking to the NBA finals, just like we all kind of knew that they would. The only person that might have had a better Memorial Day weekend than you were me is, of course, Jalen Brown, winning the Eastern Conference Finals MVP award. So shout out to the Celtics. We will be, in all

1:11.7

honestly, playing the Mazz relatively soon, unless the Timberwolves can pull off an absolute miracle.

1:16.1

So stay tuned for Luca versus Jason Tatum and Jalen Brown. And of course, we'll be issuing all

1:21.1

the commentary that we can. Fuck Kyrie Irving, by the way. All right. Speaking of fucking things,

1:26.1

let's talk about WSO Alpha. So the portfolio rough start

1:29.6

to the week. Clearly was not celebrating Memorial Day in the most effective way possible. The portfolio

1:34.5

as a whole was down 40.4%. I almost said 40%, but 0.4% about 40 basis points on the day. The SB 500

1:42.7

was down about 2 basis points and the NASDAQ down about 508 basis points. So we're doing our usual thing. We are underperforming, well, we're outperforming the NASDAQ on down days and we're underperforming on up days. And we're pretty much just beating the SP 500 in every which way, except when that index happens to go down for the day. Then we'll probably go down a little bit further,

2:01.1

but we're still right in the territory of where we'd want to be. Now, given that our year-to-day returns, there's only 9.35%. That is definitely not where we want to be, but like I said, guys, it's too easy to beat these indexes, so we want to make sure that they get an opportunity to enjoy sitting in that top seat for a little while before we come in Dthron then once again

2:17.6

So stay tuned for more

2:18.5

Corsa Alpha going well

2:20.3

We actually have a new offer to enjoy sitting in that top seat for a little while before we come in dethrone then once again

2:17.6

so stay tuned for more course a alpha going well we actually have a new offering that's coming

2:22.1

alongside alpha it's called w so beta and as you can tell by the name it's much more fitting for somebody

2:26.8

such as myself and it's going to be much more actively traded degenerate gambling portfolio and

...

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