The Dow Jones briefly traded above 28,000 today for the first time since February. Investors dared to dream that Russia’s coronavirus vaccine claims are legitimate. The Dow outperformed as investors piled into value – and…

The number of “zombie stocks” – companies whose cash flow can’t cover the interest on their debt payments – is surging. Zombie stocks currently account for 15.1% of publicly-traded companies, a record high. An apocalypse…

Wall Street is worried that China could retaliate against the U.S. over the TikTok ban. China’s retaliation wouldn’t spare Tesla and Apple. China is a significant market for the two companies. There is more at…

Dwayne “The Rock” Johnson raised eyebrows when he (and his partners) bought the XFL for $15 million. The Rock’s “XFL 3.0” faces certain doom, unless a large number of incredibly talented players fall into his…

The S&P 500 Index came within 0.2% of its all-time closing high on Tuesday. Wall Street’s benchmark index is up 51% from its March low. The CBOE VIX is trading at five-and-a-half-month lows but doesn’t…

Smash Mouth have performed before a large audience in South Dakota, ignoring concerns that crowds help spread Covid-19. The backlash has been strong, with calls to “cancel” the band. Yet, the band should have been…

Gold’s price has declined for three consecutive days–the longest stretch since April.  An alternative gauge shows the U.S. dollar has not dropped substantially in recent months. Precious metal investors still believe the dollar is in…