DOG News and Press, ProShares Short Dow30 From 09/14/21

Implied Volatility for SPY options is rising rapidly just as the market’s breadth is imploding, suggesting that traders are getting antsy and that a big move is approaching. According to a recent model, a 0.25% increase in the Discount Rate could turn into a 12% or so correctio...

In addition to battery element shortages, the chip shortage has limited electric vehicle production. At the auto show in Munich last week, several auto executives commented on the chip shortage. Overall, the electrification of vehicles may be characterized by perpetual shortages for y...

The FOMC will be meeting later this month, on Sept 21–22, and will be faced with what appears to be mixed evidence on progress towards its employment and inflation objectives. New claims for unemployment insurance for the week ending September 4 were down to 310,000, and have s...

AIER’s Leading Indicators Index fell for a fifth consecutive month in August, falling to 58 from 75 in July. The index was at 92 in March. While August marks the twelfth consecutive month above the neutral 50 level, it is also the lowest reading of the past year and the lowest ...

As the economy continues to recover, market participants will concentrate on two critical areas: the employment picture and policy decisions made by the Federal Reserve. The jobs picture and Fed decisions could create volatility for commodities, stocks and bonds in the months ahead. ...

Mr. Market is king, and we must "bend the knee." Knowing his current mood, and acting accordingly, is absolutely essential. He only has three moods, aka market phases: Risk-On, Risk-Off, and Market Rotation. Identifying which phase the market is in and modifying our strategy a...

It has been 11 months since the last 5% correction in equity markets, and the coming weeks present a number of significant potential risks. Bond yields remain low and equity markets are still near record highs. Volatility is subdued. There are a few reasons why volatility is likel...

Fed easing does not reliably benefit the stock market if measures of risk-aversion are increasing. Depressed valuations create a margin of safety in the form of higher expected return and lower duration. The new savings of households, corporations, and foreign countries must be he...

The current slowdown was telegraphed by the bond market, and we’re now in the midst of it. There are any number of reasons to think the economy will just keep fading all the way back to the pre-COVID trend of about 2%. I don’t see any reason to believe we are near recess...

Investing should be as unemotional as possible. Unfortunately, the higher the stakes, the more emotions get involved. All of the major banks have been gradually working their way to becoming bears. This is shocking because investment banks are always bullish. Things have probably ...