SPLX News and Press, ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN From 03/24/23

2023-03-24 03:00:00 ET Summary We remain selective in taking risk as macro factors continue to drive sentiment. Despite the uncertainties, investors should not lose sight of equities’ enduring role in a well-balanced portfolio. We advocate a near-term focus on resilienc...

2023-03-24 00:47:00 ET Summary Volatility has picked up, but is still tame by historic standards. Positive trend for semiconductors and homebuilders has continued. Luxury goods makers have also held up well. Amid the recent heightened volatility in the market...

2023-03-23 22:55:00 ET Summary Initial jobless claims remained healthy this week with another sub-200K print. Claims fell modestly to 191K from last week’s unrevised reading of 192K. Given claims continue to impress, the seasonally adjusted number has come in below 200K for...

2023-03-23 17:08:17 ET Summary Banking crises are often the cause of rapid change in bank regulations or banking structure. The current situation may be just this kind of stimulus as the movements of Treasury Secretary Janet Yellen and Fed Chair Jerome Powell give one some hope of...

2023-03-23 16:40:24 ET Summary Bullish sentiment, expectations that stock prices will rise over the next six months, rose 1.7 percentage points to 20.9%. Neutral sentiment, expectations that stock prices will stay essentially unchanged over the next six months, fell 2.2 percentage...

2023-03-23 13:46:00 ET Summary Fed hikes rates, amid concerns about financial stability. Why rates may be on hold for the rest of 2023? Are we near the end of Fed rate hikes? The U.S. Federal Reserve delivers a 25-basis point rate increase. Greg Bonnell speak...

2023-03-23 12:46:24 ET Summary The Fed sees more hikes this year and no rate cuts. The bond market appears to be thinking a recession is around the corner. Only one will be right, neither are good for stocks. You were mistaken if you thought the Fed was finished raising ...

2023-03-23 08:13:54 ET Summary Markets fell sharply before close after the Federal reserve press conference. Regional and big banks are both on close watch after some fell to 52-week lows. Continue with an overweight allocation in cash and treasury bonds. Markets for...

2023-03-23 07:15:00 ET Summary The Federal Reserve went forward with a 0.25% interest rate hike on March 22nd, despite weakness in the banking sector. The good news is that the Federal Reserve is forecasting only one additional hike for this year, but their language has been somew...

2023-03-23 06:30:00 ET Summary The narrative exists that we are not out of the woods yet on our banking problems. That seemed to be top of mind for investors selling stocks on the heels of Wednesday's 1/4th-point bump in the Fed funds rate. In this skittish environment, do not...