Short Interest as a % of Market Cap
The short interest as a percentage of cap of the S&P 500 is low and sinking, which makes sense given the huge rally. Still, the steady decline in short interest speaks to the developing sentiment imbalance developing.
Apple up 120% since March lows.
A surprisingly high 1.1M people filed for unemployment last week. The week before, jobless claims dropped to below 1M. Stocks ticked up despite the bummer.
The value of the dollar has fallen to its lowest level in over two years, and it might keep sliding.
Fed money printer: The Fed has been blasting out dollars to inject back into the economy. More dollars = less demand for dollars = less valuable dollars.
Instability: An out-of-control pandemic, shrinking GDP, and political instability have affected confidence in the dollar. Oh, and the national debt is at a massive $27T.
8/25 July New Home Sales (10 AM ET)
8/25 August Consumer Confidence (10 AM ET)
8/27 Initial Unemployment claims (8:30 AM ET)
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Male Room with Dr. Jesse Mills
As Director of The Men’s Clinic at UCLA, Dr. Jesse Mills has spent his career helping men understand their bodies, their hormones, and their health. Now he’s bringing that expertise to The Male Room — a podcast where data-driven medicine meets common sense. Each episode separates fact from hype, science from snake oil, and gives men the tools to live longer, stronger, and happier lives. With candor, humor, and real-world experience from the exam room and the operating room, Dr. Mills breaks down the latest health headlines, dissects trends, and explains what actually works — and what doesn’t. Smart, straightforward, and entertaining, The Male Room is the show that helps men take charge of their health without the jargon.