SPXU News and Press, ProShares UltraPro Short S&P500 From 05/21/24

2024-05-21 07:10:00 ET Summary The dollar is consolidating but with a somewhat heavier bias today. The MSCI Asia Pacific Index snapped a seven-day rally, and Hong Kong shares and the mainland shares that trade there led the region lower with a 2% drop. The 10-year US Treasury ...

2024-05-20 23:14:02 ET Summary Liquidity is the key factor that drives market performance. Short-term liquidity outlook: Fed tightening is offset by drained reverse repo, while Yellen is building up liquidity to deploy in the fall. Long-term liquidity outlook: The aging popula...

2024-05-20 14:15:00 ET Summary We stay dynamic on a strategic horizon to take advantage of sharp valuation shifts. We go overweight emerging market stocks for the first time since 2020. U.S. stocks hit all-time highs while 10-year yields fell after the CPI data met expectations. W...

2024-05-20 14:13:26 ET Even with Wall Street's major market averages climbing of late, sending the blue-chip Dow Jones ( DJI ) and the S&P 500 ( SP500 ) to new all-time trading highs, Yardeni Research indicated that it sees even further upside potential. The firm predic...

2024-05-20 09:35:00 ET Summary American consumers, often seen as a bellwether for the global economy - have been largely resilient and healthy despite sticky inflation and higher interest rates. Can this resilience continue as difficult market conditions persist? At a high lev...

2024-05-20 08:14:00 ET Summary We think that VOO is likely going to materially underperform its historical average of a ~10% total return CAGR over the next 3-5 years. We share 5 big reasons why. We also share where we are investing instead right now. ... Read the ...

2024-05-20 07:50:00 ET Summary Most of the G10 currencies are +/- 0.1% against the dollar. The BOJ's reluctance to continue to reduce its bond purchases seemed to strengthen perceptions that it was not as concerned about the yen's weakness as was the Ministry of Finance. The e...

2024-05-20 07:15:00 ET Summary With Nvidia scheduled to report their quarterly results on 5/22/24 after the closing bell, earnings season has likely been extended for another week. Nvidia matters greatly this week, it’s the stock market darling since Apple fell out of favor...

2024-05-20 05:47:00 ET Summary With a 3.9% unemployment rate and still 8.5 million job openings, what is the probability of ongoing elevated wage gains perpetuating second-round inflationary effects (especially in rents and housing)? The fundamental predicament today is Monetary D...

2024-05-20 03:26:00 ET Summary Consumer confidence for April came in well below economists’ expectations (both the Conference Board and the Michigan sentiment indexes). The market loves itself a Goldilocks economy, where modest growth is paired with declining inflation and,...