SPLX News and Press, ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN From 04/07/23

2023-04-07 09:32:27 ET Summary A number too hot will stoke inflation concerns. A number too cold will stoke recession concerns. We need at least 100,000 jobs a month to absorb population growth. This number is just right for a soft landing. Investors are caught b...

2023-04-07 09:10:00 ET Summary Markets climbed in Q1 despite the unexpected banking crisis, with the S&P 500 gaining 7.5% with dividends in the first three months of the year. However, markets are yet to appreciate downside earnings risks. As macro conditions deteriorate, ...

2023-04-07 05:30:00 ET Summary The promise of diversification failed in 2022 as both equities and fixed income declined. Some investors are questioning whether the traditional 60% equity/ 40% fixed income balanced portfolio remains a valid strategy. Over history, balanced port...

2023-04-07 04:20:00 ET Summary The Labor Department released the weekly initial claims on Thursday for unemployment insurance with heavily revised seasonal adjustments for prior data. The number of initial claims for unemployment insurance that people filed in the latest reporting...

2023-04-07 02:30:00 ET Summary Jobless claims were in focus Thursday morning as seasonally adjusted initial claims were surprisingly high at 228K versus expectations of 200K. The large increase in the most recent week’s data was matched with large revisions to the past coup...

2023-04-07 01:56:00 ET Summary Why markets are still ahead despite numerous headwinds. Is the robust U.S. jobs market finally turning a corner? The potential for a goldilocks scenario for markets and what it may look like. Recent data suggests the U.S. jobs m...

2023-04-06 13:55:00 ET Summary Sentiment saw a huge rebound this week based on the latest AAII survey. Bearish sentiment fell 10.6 percentage points down to 35%. The huge shift in favor of bulls this week resulted in the bull-bear spread narrowing to -1.7 points. Sen...

2023-04-06 08:30:00 ET Summary The March jobs data is expected to come out on April 7. The "Jobs Friday" report has proven to be a pivotal point in the stock market since November. If the job cycle continues stocks are likely to see a big drop in April. The jobs data has...

2023-04-06 08:29:00 ET Summary The Coppock Curve for the S&P 500 Index did, in fact, turn higher in March. It is also true that the Coppock Curve did turn higher prematurely in December of 2001, as well, before the S&P 500 Index fell another 30% or so into the fall of 2002...

2023-04-06 08:22:47 ET Summary Weaker economic data keeps raising recession fears. Yet slower growth is needed to tame inflation and end the Fed's rate-hike cycle. The S&P 500 has performed well when the Fed stops raising rates in data dating back to 1990. While infl...