SOFI has grown substantially, do you still see growth in this . Tree and Coop would benefits from interest rate cuts .. if a interest rate cut happen in sept and how would banking and financial sector stocks react or would benefit from this?

Mr. Cooper was acquired by Rocket and the deal will be finalized in the  fourth quarter.  The market is anticipating an interest rate cut in September and that is one reason why we are seeing strength in the financials. SOFI and TREE I covered in the weekend report and I like them both. They are both trending above their 5ema. I believe TREE is a little stronger at this point.

The market anticipates the lower interest rates and the stocks move ahead of the actual news. In fact, when we finally do get an interest rate cut it may be a "sell the news" event. Look for financial stocks  and homebuilder stocks to be strong ahead of any interest rate cut.

Regards,

Marty