SDS News and Press, ProShares UltraShort S&P500 From 04/17/23

2023-04-17 06:05:00 ET Summary The S&P 500 is up +8.27% YTD, while expected S&P 500 EPS growth in 2023 is just +0.6%. 2024 expected S&P 500 sector growth rates are looking at healthier EPS growth than the last few years. Of the last 34 years (through 2022) where the S&...

2023-04-14 14:02:00 ET Summary S&P 500 EPS growth for Q1 2023 is set to come in at -6.8%, the lowest rate in nearly 3 years. Themes from Q1 and for CY 2023: inflation, increasing interest rates, possibility of recession, banking crisis, softening employment. The LERI shows...

2023-04-14 11:47:00 ET Summary Recession odds have climbed considerably since Jerome Powell’s testimony before Congress and the latest FOMC meeting. The Fed remains abundantly clear that it still sees inflation as a “persistent and pernicious” economic threat ...

2023-04-14 01:00:00 ET Summary Although the worst of the crisis may very well be over, you’re going to see this affect the economy through tighter lending standards. Monetary policy notoriously has long and variable lags. Dividend growers usually outperform during the e...

2023-04-13 11:45:00 ET Summary China to the rescue? The inflection in the hyperscaler capex. Commodities (copper) next in line for a potential upturn. Our take on the overly anticipated US recession - datapoints from the field. While the upcoming US recession is capt...

2023-04-13 01:57:00 ET Summary It is widely acknowledged that the Federal Reserve's monetary policy has a long and variable lag, which means that it takes time for the economy to adjust to rising or falling interest rates. Despite the most recent readings for the PMI and Conferenc...

2023-04-13 01:14:00 ET Summary Back in early-2018, I highlighted a quartet of stocks that had seen a surge in their prices that was far more significant than could be justified by their underlying business trends. That group was McDonald’s, Caterpillar, Boeing, and 3M. As a...

2023-04-13 00:59:00 ET Summary Given market uncertainty and the risk of a US recession, is now the time for defensive stocks? We think that reducing exposure to risk assets while increasing exposure to defensive equities with lower volatility and higher potential dividends may hel...

2023-04-12 09:20:00 ET Summary On 10 March 2023, federal bank regulators shut Silicon Valley Bank. Their action followed a run on its deposits. The failure of Silicon Valley Bank represents the second largest bank failure in U.S. history and was quickly followed by the third large...

2023-04-11 23:46:00 ET Summary SP500 Net Non-Commercial Futures established a new weekly record for the length of time it has averaged (negative) -200 with last week’s number of -321.5, more than 9 months of intense pessimism by this market psychology indicator. Market Psyc...