SDS News and Press, ProShares UltraShort S&P500 From 05/06/24

2024-05-06 11:20:42 ET Roth MKM said Monday that despite the rise in the S&P 500 ( SP500 ) over the past week, investors should still exercise caution when looking at overall market. Specifically, the firm argued that the benchmark index might be merely consolidating set up in a bro...

2024-05-06 09:30:10 ET Summary Despite near-term challenges and increased volatility, the S&P 500 rally is expected to continue. The technical analysis suggests a positive trend for the SPX, but a breakout above resistance is needed for further confirmation. The odds of a ...

2024-05-06 03:06:00 ET Summary From August 2004 to June 2008, the TSX rose 84% as oil hit an all-time high near $150/barrel. During the same period, the S&P 500 rose a relatively anemic 24%. There are three main reasons for the under-performance of the Canadian equity markets....

2024-05-05 00:01:00 ET Summary Shorting T-Bills pushes rates higher and out of sync with the current level of pessimism. T-Bills have inverted, leaving 10yr Treasury rates -1.82% below T-Bill rates June 2023. Investors should remain focused on well-managed companies now report...

2024-05-03 05:15:00 ET Summary April 2024 proved to be yet another mixed month, on net, for the dividend-paying stocks of the U.S. stock market. The number of favorable dividend changes rose while the number of unfavorable dividend changes decreased, which led to its more positive...

2024-05-03 04:50:00 ET Summary The outlook for earnings growth remains fairly positive, but much of this is already in the price. While it’s clear, there are some shorter-term headwinds facing risk assets over the coming few months. There is every chance markets continu...

2024-05-03 03:20:00 ET Summary The current macro backdrop is slightly atypical for an impending Federal Reserve easing cycle - growth and labor markets remain strong, while inflation levels are elevated despite progress over the past year. The policy backdrop is also notable as Fe...

2024-05-02 05:40:25 ET There's a famous adage on Wall Street called "Sell in May and go away," but investors are analyzing if the strategy still holds any merit. The investment approach posits that stocks tend to underperform in the six months through October, so investors should convert to...

2024-05-02 05:40:00 ET Summary First quarter earnings are tracked well thus far, but rate-sensitive industries continue to face headwinds. Berkshire Hathaway’s Q1 results will be released at its annual shareholder meeting this Saturday. Costco's same-store sales figures...

2024-05-01 17:47:07 ET Summary Leveraged ETFs have a path-dependent drift: here is a dashboard with 22 of them. Leveraged ETFs in semiconductors, biotechnology and silver show the largest drifts. The Direxion Daily S&P 500® Bull 2X Shares ETF has suffered from decay r...