Why Gilead’s COVID Drug May Be The Magic…

Summary GILD surged to $84 Friday on the leak that University of Chicago Medicine's head researcher in GILD COVID studies reported that GILD's RDV (remdesivir) worked well. The data that Dr. Mullane reported to her…

JPMorgan CEO Dimon does not rule out suspending…

JPMorgan Chase & Co JPM.N could consider suspending dividend for 2020 due to the ongoing coronavirus crisis, Chief Executive Officer Jamie Dimon said on Monday, even as the bank rolled out relief measures for customers and small…

Why I Don’t Trust the Rally

If you look just at the chart, there are a lot of encouraging signs for stocks right now. The S&P 500 hit its low on March 23, exactly three weeks ago, and has recovered around…

Big 6 Banks’ Earnings Are In: What The…

Earlier this morning, Morgan Stanley (MS) released their Q1 2020 earnings. They were the last of the big six American banks to do so. Now that those reports are all in, there are some common…

How to Think Long Term When the Short…

Over the past couple of months, the U.S. stock market has hit an all-time high, plunged by more than 30% as the COVID-19 pandemic virtually shut down the economy, and then rebounded by about 20%. And during…