The idea behind “Dr. Copper” is that copper is a reliable barometer of economic growth, as the demand for copper tends to rise when the global economy is expanding and fall when it’s contracting. Last December, I shared my bearish outlook for copper futures titled “Fed Fears Inflation, Copper Fears Hawkish Fed”. It was based on the […]

Personal finance fintech company SoFi Technologies, Inc. (SOFI) reported solid fourth-quarter results. Its loss per share came below analyst estimates, and its revenue beat the consensus estimate by 4.1%. The company’s adjusted net revenue in the fourth quarter came in 4.2% above its guidance range high of $425 million, and its adjusted EBITDA came $23 million above […]

There are times when avoiding losses is far more important than looking for gains. As the debate continues between what the Federal Reserve says it will do and what the market thinks the Federal Reserve will do, there is one inescapable conclusion we must consider: no matter how you look at the world, and regardless of your expectations for […]

The market hit a bit of a speed bump last week, but it could very well just be a healthy pull back before pushing higher. It is important to remember that markets do not just travel in straight lines up or down, there are often pullbacks and retests along the way. As the week plays […]

The fabled group of five large-cap tech businesses, so-called FAANG — Facebook (currently Meta Platforms), Amazon, Apple, Netflix, and Google (currently Alphabet) — dominated the stock market through late 2021. However, a challenging macroeconomic environment in 2022, characterized by stubborn inflation and removal of Covid restrictions, saw big tech struggling to meet and exceed the […]