SRTY News and Press, ProShares UltraPro Short Russell2000 From 09/21/21

Beginning with what is perhaps the best indicator of growth potential in the real economy, as opposed to just the financial economy, the G3 credit impulse is now firmly in negative territory after peaking in the latter stages of 2020. Turning to manufacturing, building permits for new...

The inability for companies to hire is occurring at a time when job openings are high and the number of individuals unemployed is high. The fact is companies have 10.9 million open positions and there are 8.4 million unemployed individuals. The supply chain constraints are partial...

On Monday, stocks solidly cracked below the 50-dma, but the bounce off the lows has investors asking if it’s “time to buy?”. My best guess is the market likely gives us a one to two-day rally back to the 50-dma, which should get used to rebalance portfolio risk. ...

The wall of worry is so high now that it seems insurmountable. But is it? The Nasdaq 100 index (NDX) cut through its 20-day moving average and remained below the 50 area on RSI but neither Accumulation Distribution ((ADI)) and On-Balance Volume (OBV) made new lows. The S&...

Using the current PPI, we estimated that the CPI would be up about 0.5%. Using our model, we could with 95% confidence be sure that the reported CPI would turn out to be between 0.3% and 0.79%. The number reported by the BLS of 0.3% was, in fact, right at the bottom of the probabl...

Global asset markets have never been more overvalued, leveraged and interconnected in our lifetimes. This presents a massive instability risk for all of us, whether we appreciate it or not. The corporate sector has never been more indebted (less resilient to negative shocks) as a perc...

The market valuation bubble has leaked but hasn't popped. The market has dipped below its 50-day moving average. After racking up 54 new highs this year, the market is drifting lower. Consumer confidence is falling. Covid deaths are high and rising. The housing market boom is cool...

As three rounds of “stimulus payments” got spent, households returned to spending on credit. While the monthly cost of the mortgage and health insurance may not change, the rest of the necessities do. Most Americans cannot increase consumption, the driver of economic...

Too many market participants are hyper-focused on the inflation argument. Whether we have inflation or not is not determinative as to the direction of the stock market. I outline the purist definition of inflation and apply it to our current situation. But, the market is head...

Regardless of what happens with the economy and bonds over the rest of the year, we are nearing peak exuberance in stocks. Most people fear that a slowing economy will be the trigger for a stock market selloff, but that may be the wrong worry. Bear markets are generally associated wit...