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Alfonso’s Daily Note

A Letter from Dr. Copper

May 23, 2025

Sign up for my free note here.

Copper’s been stuck in a stiff coil for weeks.

Price has barely moved—just grinding sideways in one of the cleanest compression patterns we’ve seen in a while.

That changed today, as we finally got a big rip to the upside. 

This could be the starting-line momentum needed to finally resolve this 12-month range. 

Tight coils like this usually resolve in fierce fashion. And when they do, big moves ensue.

What I’m saying is I think this breakout has legs...

 

If momentum holds, I’m looking for a move toward the upper end of this base, somewhere around 5.20.

This level represents the all-time highs achieved in May...

Hot Corner Insider

Chief Commercial Officer Phil Guido Makes Another $AMD Buy

May 23, 2025

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

Here's what stood out today:

📌 Advanced Micro Devices $AMD - Chief Commercial Officer Phil Guido stepped in and bought nearly $1 million of his stock as shares trade at a nearly 50% discount from all-time highs. This is Guido’s second purchase this year. 

📌 FTAI Infrastructure Inc $FIP - CEO and President Kenneth J. Nicholson picked up a monstrous $2.6 million worth of his stock. FIP took a near 70% hit since its highs in the fall of last year but is attempting a rebound.

Here’s The Hot Corner, with data from May 22, 2025:

 

Click the table to enlarge it.

📌Vipshop Holdings Ltd $VIPS - Tencent Holdings $TCEHY grew its stake in VIPS from 13.63% to 14.80%, a subtle nod that...