UBT News and Press, ProShares Ultra 20+ Year Treasury From 10/11/23

2023-10-11 01:05:00 ET Summary Over the past 12 months industrial production has been flat and the ISM Manufacturing Report has been warning of imminent recession. Despite the warnings from reliable leading indicators, the dominant view now is that there will be a “soft lan...

2023-10-10 12:45:00 ET Summary In September, the Bank of England’s Monetary Policy Committee paused rates at 5.25% for the second month running, based on softer inflation figures for the month. However, inflation generally, and in the UK in particular, has proven stickier t...

2023-10-10 11:00:00 ET Summary 2023 has been the year of the Mega-7 stocks, driving the overall market returns. From a contrarian investing view, everyone is so bearish on bonds that it is a bullish signal. Valuations are always the key to winning the long-term investing game....

2023-10-10 02:45:00 ET Summary Hiring picked up sharply in September, reversing signs of a cooling labor market. In September, the economy added 336,000 nonfarm payroll jobs, above the average gain of 267,000 over the previous 12 months. The unemployment rate held steady at 3....

2023-10-10 01:03:00 ET Summary It’s hard to blame the bulls for their good cheer of late. Spiking inflation no longer dominates the headlines even as the U.S. economy has rebounded toward its long-term trend. Meanwhile, the labor market has started to ease (perhaps reducing...

2023-10-10 00:30:00 ET Summary Few investors know that the notional dollar value in daily futures trading exceeds that of the cash trading at NYSE. The declines in S&P 500 futures in September have had a high correlation with the direction of the moves of the 10-year Treasury ...

2023-10-09 23:57:00 ET Summary We see markets adjusting to the new regime. This is not a typical business cycle - structural mega forces are shaping the outlook now, in our view. The 10-year U.S. Treasury yield jumped to 16-year highs as markets eyed higher-for-longer interest rat...

2023-10-09 23:21:00 ET Summary For the past 30 years, implied volatility and yield curves have been locked in a repeating cycle. S&P 500 options volatility appears to alternate between high and low volatility regimes. Implied volatility on S&P 500 options has been exce...

2023-10-09 21:44:00 ET Summary With only two weeks before maturity of front-month options contracts, reversals have the potential to quickly gain momentum as traders rush to liquidate positions quickly losing market value. The stronger-than-expected 336,000 gain in September payro...

2023-10-09 13:30:00 ET Summary Both the consumer (CPI) and producer prices indices (PPI) will be released this week, providing insight into US inflation data. Overall core September ’23 PPI is expected, with overall PPI still expecting to come in a little elevated at +0.4%,...