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Wall Street Oasis

Work-From-Port Is Back | The Daily Peel ๐ŸŒ

Wall Street Oasis

Wall Street Oasis

Business

4.9 โ€ข 534 Ratings

๐Ÿ—“๏ธ 8 October 2024

โฑ๏ธ 25 minutes

๐Ÿงพ๏ธ Download transcript

Summary

Join us for today's episode of The Daily Peel, where we dive deep into the latest market trends and economic indicators. Discover how the recent job reports are influencing interest rates, the potential impact of automation on U.S. ports, and what it means for the economy moving forward. Don't miss our analysis on major stock movers and the implications of the ongoing geopolitical tensions. Subscribe for daily insights and stay ahead in your trading game! -----------------------------------------------------------ย  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?ย  What if that was guaranteed?ย  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-wrapupThe Daily Peel - Sign Up Hereย https://www.wallstreetoasis.com/media/newsletters/the-daily-peelJoin our Discord - Sign Up Herehttps://discord.gg/Dn3YJZTbsF ----------------------------------------------------------- ๐—ช๐—ฆ๐—ข ๐—ฃ๐—ผ๐—ฑ๐—ฐ๐—ฎ๐˜€๐˜:Apple:ย https://podcasts.apple.com/us/podcast/wall-street-oasis/id1463441793Spotify:ย https://open.spotify.com/show/7nQxuApNXFkUSvojQGKyAQ?si=GrYh2zIHSsub8S8xIX0PjQ&nd=1Stitcher:ย https://www.stitcher.com/show/wall-street-oasis-2 ----------------------------------------------------------- WSO Courses:ย https://bit.ly/2ESzrv2WSO Resume Review:ย https://bit.ly/2Z0DFYqWSO Mentors:ย https://bit.ly/3lIHoUiWSO Events:ย https://bit.ly/350vMGd

Transcript

Click on a timestamp to play from that location

0:00.0

Now, what we're seeing right now in the US economy is nothing short of, I'm trying to, what's a good word?

0:07.3

Like, all I can think of is remarkable and astonishing, but remarkable seems too little and astonishing seems too much.

0:13.4

So surprising, I guess, but it's just, it's very much a Goldilocks environment right now.

0:26.0

What's up, Apes?

0:29.4

Welcome back to another edition of the DailyPiel's Daily podcast of the day.

0:33.6

Thank you all for joining us here once again on this beautiful Monday, October 7th,

0:34.4

2024.

0:37.2

It is currently 7.36 p.m. And we had a lot to talk about to let's go ahead and get

0:39.5

right into it. The W-So Alpha portfolio. This is our proprietary in-house trading portfolio at

0:45.0

Wall Street Oasis, down about 93 basis points for the session. Now, I was ready to go ahead and

0:49.6

fire the entire team at WSO-Alpha earlier, but then I went ahead and turned my brain on, looked at the

0:54.9

rest of markets to see what was going on out there. Even with the 93 basis point loss, we still

0:59.7

did better than the S&P 500. S&P 500 finished the day 96 basis points lower. If we look at the

1:05.0

heat map for the index, it looks like Nvidia and Eli Lilly were basically the only companies

1:08.9

to rise and energy stocks too because the odds of

1:11.7

war occurring are increasing so obviously energy stocks are increasing right alongside it. Nothing. Exxon

1:17.0

Mobile loves more than some bombs in the Middle East. Jesus, that was kind of crude, but either way,

1:21.6

crude, crude oil, no pun intended, off the dome. Anyway, the NASDAQ was down 90 basis points for the session, so beat us a little bit. And that makes sense in VITA was, like I said, one of the top performers that it has a higher weighting in the NASDAQ and a lower weighting in the WSO-Alth portfolio. So it makes sense that it kind of helped out the indices more so than it did for us here today. It was actually a pretty good day for small cap stocks and pretty good. Everything is respective in markets. It was down 78 basis points for the session.

1:48.1

Looks. It was actually a pretty good day for small cap stocks and pretty good. Everything is respective in markets.

1:45.4

It was down 78 basis points for the session.

1:48.0

Looks like it had a pretty healthy climb from about 3 p.m. until closed.

1:51.9

So I guess we're getting bullish on small caps.

...

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