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DDM News and Press, ProShares Ultra Dow30 From 07/09/24

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Company Name: ProShares Ultra Dow30
Stock Symbol: DDM
Market: NYSE

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DDM - State Street outlined three reasons why markets may continue to trend higher

2024-07-09 12:44:53 ET Traders and investors are becoming increasingly anxious as the stock market continues to climb in 2024 as the S&P 500 ( SP500 ) has set a new all-time high on over 30 occasions this year alone, but Michael Arone, Chief Investment Strategist at State Street Glo...

DDM - BMO says S&P 500 bull case of 6,000 appears feasible with backdrop supportive for stocks

2024-07-09 12:30:03 ET More on the markets and the economy Fed needs more good inflation data to cut rates: Jerome Powell's testimony to Congress Nasdaq, S&P reach for fresh records as Powell sees inflation moving toward target Stocks with high AI exposure an...

DDM - Is The U.S. Economy Flirting With Recession?

2024-07-09 11:00:00 ET Summary Recession risk has risen, but it’s still premature to confidently declare that a downturn has started. Conditions could deteriorate in the weeks ahead, but for the moment, slow/sluggish growth appears to be the odds-on favorite for the near-te...

DDM - The Warren Buffett indicator or market cap to GDP ratio hit its highest point in history

2024-07-09 09:38:45 ET The Warren Buffett indicator also known as the market cap to GDP ratio has popped up to its highest level in history, jumping above levels observed from the dot com bubble, the global financial crisis, and the recent 2022 bear market.... Read the full article on...

DDM - Goldman Sachs' tactical specialist Scott Rubner says he's on 'correction watch' for stocks

2024-07-08 13:20:56 ET Seasonal factors after a strong run in large-cap U.S. stocks are playing a role in Goldman Sachs’ Scott Rubner saying that he’s turning tactically bearish. ... Read the full article on Seeking Alpha For further details see: Goldman S...

DDM - Further rise in jobless rate may prompt BNP Paribas to call for two rate cuts in 2024

2024-07-06 09:00:00 ET More on the markets Jobs Growth Points To A Slowdown, But No Rate Cut This Jobs Report Suggests The Fed Cuts Rates Now The June Jobs Report: Sounding The Alarm S&P kicks off H2 with best week since late April, now within sight of 5,...

DDM - June U-3 Jobless Rate Triggers Sahm Rule: Recession Ahead?

2024-07-05 13:35:00 ET Summary The U-3 unemployment rate increased to 4.1 percent in June 2024. The Sahm Rule, developed by former Fed economist Claudia Sahm, is designed to identify the start of a recession using changes in the total unemployment rate. If the labor force grow...

DDM - Oppenheimer Asset Management is bullish on equities as H2 kicks off

2024-07-01 08:59:49 ET Oppenheimer Asset Management indicated on Monday morning that it remains positive on equities as Wall Street heads into the second half of 2024 and suggests that the Federal Reserve may be able to avoid a hard landing.... Read the full article on Seeking Alpha ...

DDM - 'Buybacks drive performance' are among market myths BofA strategists are aiming to bust

2024-06-29 09:00:00 ET More on the markets S&P 500's stellar H1 sputters in the homestretch amid concerns over breadth, valuation Catalyst Watch: Tesla deliveries, Constellation Brands earnings, and the June Jobs Report The PCE Report Suggests Three Rate Cuts Sta...

DDM - Russell Investments believes in a soft landing but warns a recession is still on the table

2024-06-28 10:14:34 ET As the first half of 2024 wraps up, the financial community now shifts its attention towards Q3 and where markets are potentially headed. Russell Investments argued that there is still no clear answer to this year's question of 'is the economy headed towards a no, sof...

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