SPLX News and Press, ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN From 04/11/23

2023-04-11 14:34:00 ET Summary Small business optimism continued to decline in March with the headline index from the NFIB falling from 90.9 down to 90.1. Given the small business outlook for the economy has soured, fewer firms are reporting plans to increase hiring or capital exp...

2023-04-11 09:45:00 ET Summary Despite media headlines, podcasts, and broadcasts suggesting “doom and gloom” lurks around the corner, investor bullishness has increased markedly since the October lows. As noted, investor sentiment, either bullish or bearish, tends to...

2023-04-11 09:39:00 ET Summary The value of goods the U.S. imports from China fell when measured year-over-year for the fifth consecutive month in February 2023. While February 2023's level is the lowest on record since the pandemic, there is a unique contributing factor that may ...

2023-04-11 04:38:00 ET Summary The employment report came out on Good Friday when the stock market was closed, but the futures market did trade for another 45 minutes after the report came out. There has been a sharp decline in Commercial and Industrial loans, in addition to the f...

2023-04-11 02:36:00 ET Summary We’ve seen the worst of the yield curve inversions but I don’t think it tells you a whole lot about the future course of the stock market. Bonds rallied last week as interest rates fell with the 3-7 year Treasury index up a little over ...

2023-04-10 13:15:39 ET Summary Core CPI has likely bottomed at the 5.5% level. Thus, the Fed is likely to keep the monetary policy tight, despite the unfolding recession. As a result, the overvalued QQQ stocks are likely to re-enter the bear market. The CPI expectations ...

2023-04-10 13:14:00 ET Summary The alternative future trajectories appear gloomier than they really are. Federal Reserve's upcoming meetings during this quarter are expected to mark the peak for how high the Federal Funds Rate will reach before the Fed might reverse course and beg...

2023-04-10 11:30:00 ET Summary We upped our overweight of inflation-linked bonds in March to quickly take advantage of the market pricing lower inflation - our new playbook in action. Bond yields rose after data showed a still-tight U.S. labor market. We think that keeps inflation...

2023-04-10 10:20:00 ET Summary The assembly and management of investor money in portfolios is the real art of investing, not buying and selling individual securities. Each portfolio should have a narrow focus, often built around the timing and execution of the beneficiary’s...

2023-04-10 07:15:00 ET Summary In mid-March, as markets were gripped by the fear of the recent regional bank turmoil, insider responded by aggressively buying their shares. This was especially true in banking, where we observed purchases well above the normal cadence of activity. ...