SPXN News and Press, ProShares S&P 500 Ex-Financials From 06/24/24

2024-06-24 00:51:25 ET Summary Sabbatical years, known as the Shemitah, have historically shown negative returns in the stock market and bond market. The seventh year of the cycle is the most volatile for equity markets, with a high probability of losing money. Strategies such...

2024-06-23 16:00:00 ET Summary The S&P500 reached the 5500 milestone before reversing lower. Thursday's reversal (and accompanying Nvidia reversal) looks similar to March 8th. New highs are still likely, but there could be a dip first. This article looks at where a buying ...

2024-06-23 12:30:00 ET Summary While the Bank of Canada and the European Central Bank cut interest rates in June, the Federal Reserve decided to keep rates steady. While the European Union is in the throes of political uncertainty, the UK appears to have significant political cert...

2024-06-23 06:15:00 ET Summary Gamma levels in the S&P 500 have significantly reduced after June options expiration, leading to potential market instability. Fed's reverse repo facility usage is expected to increase significantly by the end of June, potentially draining liquid...

2024-06-22 23:57:00 ET Summary The bulls have long rationalized that low rates and increased liquidity justify overpaying for the underlying fundamentals. The fiscal policies implemented after the pandemic-driven economic shutdown created a surge in demand that further exacerbated...

2024-06-22 23:08:00 ET Summary If the Bank of England’s decision on Thursday to leave interest rates unchanged is a guide, the outlook for the start date for a US rate cut may be further down the line than generally assumed. It’s also striking that UK inflation is we...

2024-06-22 08:45:00 ET Summary Central banks in Australia and Norway resisted rate cuts, leading to currency appreciation, while New Zealand's central bank faced skepticism from investors. The Bank of Canada, perceived as dovish, saw the Canadian dollar strengthen despite expectat...

2024-06-22 03:13:00 ET Summary Artificial Intelligence is a corporate game changer that will significantly increase corporate margins by automating many costly human labor expenditures. Almost every day now the Magnificent 7 add hundreds of billions of dollars in market cap value....

2024-06-22 02:54:52 ET Summary With the election cycle entering its last five months, the political cycle will now be part of the current macro scene. This has the potential to be a market-moving issue due to the stark economic policy differences between the two candidates. In...

2024-06-21 12:04:26 ET Summary Federal Reserve's securities portfolio declined by $8.6 billion in the latest banking week ending June 19. Over the three banking weeks ending June 19, the portfolio decreased by $36.6 billion. The Federal Reserve is continuing to reduce the size...