DIG News and Press, ProShares Ultra Oil & Gas From 07/01/21

WTI crude oil rockets past $75/bbl for the first time since October 2018 after media reports indicate that Saudi Arabia and Russia have reached a tentative deal to gradually raise production.According to Reuters, the OPEC+ group is weighing a plan that would ease production curbs enough to ad...

After a long bear market, the energy sector has low capex and is likely setting up for a longer-term bull market, not just a transitory blip. An analysis of every major energy/power source, including their shortcomings. My favorite energy stocks for the long run. For further...

Strategas Head of Technical Strategy Chris Verrone takes us through some market insights. The trend of this market is up, but momentum has started to soften under the surface. Over the last few months, participation has narrowed a little as fewer stocks move higher along with the mark...

Fed chairman points to lumber price fall as evidence inflation is "transitory." Lumber prices are likely to stay elevated vs. historic levels. Similar dynamic for oil. For further details see: Lumber And Oil: This Inflation Is Not Transitory

ProShares Ultra Oil & Gas (DIG) - $0.3137.Payable Jun 29; for shareholders of record Jun 23; ex-div Jun 22. For further details see: ProShares Ultra Oil & Gas declares quarterly distribution of $0.3137

During the pandemic lockdown in the first half of 2020, only three S&P 500 sectors saw positive earnings and revenue growth for Q1 and Q2 ’20. In Q1 ’21, Technology has grown EPS and revenue 53% and 21%, respectively. Once Q2 ’21 earnings start in mid-July...

We got another disappointing employment report last week. The US economy added 559,000 jobs in May, which was below expectations and disappointing. There are certainly remaining supply-side issues in the economy, which is what we should expect in a recovery from a supply shock. The pr...

The ProShares Ultra Oil & Gas Fund uses leverage to give investors 2x exposure to the leading energy companies and has a strong bias for oil majors. The ProShares Ultra Oil & Gas Fund has been outperforming iShares U.S. Energy ETF - its non-leveraged counterpart. Continued...

#Wallstreet usually prices in events before they happen, and that is as true for Proshares Ultra Oil & Gas (NYSE: DIG) as it is for any other company.  If news is anticipated, and investors want to know what to expect, a simple review of the stock's price action is one of the b...

A little-noticed news event this week with potentially major long-term implications for the U.S. oil and gas industry was President Biden's executive order directing federal agencies to address the risks climate change poses to the U.S. financial system and federal government.Biden's order di...