Diamonds and Dogs

12/30/20

A breakout in the material space. Freeport-McMoRan (FCX) rose 7% to its highest level in more than five years as metal/mining names have been on a tear of late. Freeport was upgraded last week with a $31 price target.

More negative comments for fuboTV (FUBO). The sports streaming program fell 14% today and down nearly 50% in the last week after a big run up. Kerrisdale Capital tweets it's short FuboTV saying their business is "structurally unprofitable," and sees a path to sub-$10 a share. Ouch.

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