SPXE News and Press, ProShares S&P 500 Ex-Energy From 07/27/24

2024-07-27 04:30:24 ET Summary The unwind of highly levered yen carry trades is driving de-leveraging at the periphery. De-risking/deleveraging has taken hold in the semiconductors and big tech stocks following a historic speculative melt-up. Nvidia is now down 16.2% over 12 s...

2024-07-27 02:18:51 ET Summary Consensus expectations for S&P 500 earnings are for them to climb 9.5% year-over-year in 2Q24—the fourth consecutive increase and the fastest pace since 4Q21. It's one thing for companies to report a solid Q2. How the market reacts to said...

2024-07-27 01:50:00 ET Summary Economy remains steady with higher than expected GDP growth and cooling inflation trend. S&P 500 companies reporting higher earnings per share growth rate than forecasted. Market experiencing rotations out of expensive trades like Big Tech an...

2024-07-27 01:20:00 ET Summary Amid high inflation and low housing affordability, and despite a strong economic backdrop, the upcoming U.S. election is expected to be one of the most contentious in history. Inflation is trending lower, supporting Federal Reserve rate cuts. Cyc...

2024-07-27 00:52:00 ET Summary The BEA's Personal Income and Outlays report revealed inflation cooled further in June, dropping to its slowest pace in four months. The PCE price index (the Fed's favored measure of inflation) was up 0.1% from May and up 2.5% year-over-year. The...

2024-07-27 00:01:00 ET Summary Global markets experienced a volatile week, influenced by a tech selloff, China growth concerns, and anticipation of central bank decisions and US earnings reports. Despite the volatility and tech-led selloff, US equity funds saw inflows. Central...

2024-07-26 18:35:00 ET Summary Gross domestic product last quarter increased by 2.8%, a hair above average long-term growth. Soft landings are usually considered rare, but some economists see them more frequently. This GDP report will give the Federal Reserve impetus to cut in...

2024-07-26 12:30:00 ET Summary After a year of wondering, data indicates that we can expect to see the first Federal Reserve interest rate cut soon. Artificial intelligence demands a massive amount of power, providing a structural tailwind for energy infrastructure. Significan...

2024-07-26 11:42:00 ET Summary The recessionistas are now forced to look to the third quarter as the earliest start date for an economic downturn in the US. US economic activity rose 2.8% in Q2, well above the consensus forecast and CapitalSpectator.com’s final nowcast for ...

2024-07-26 06:56:00 ET Summary The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day's low and has risen, though slightly, above previous session's high. ...