UBT News and Press, ProShares Ultra 20+ Year Treasury From 01/29/24

2024-01-29 09:24:00 ET Summary The economy has gained a head of steam since the FOMC’s December 13th meeting. Additional stronger-than-expected data this week. Q4 GDP was reported at 3.3%, down from Q3’s blistering 4.9%, but significantly above the 2.0% consensus est...

2024-01-29 03:58:00 ET Summary It was a narrow stock market in 2023, in terms of annual returns, with the so-called “Mag 7” leading the way. It’s still an ordinary bull market for the Nasdaq 100, with more room to the upside. The credit markets today seem ...

2024-01-27 08:18:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-01-27 01:45:00 ET Summary This week brought with it a couple more pieces of data to suggest that the positive trend the US economy enjoyed throughout 2023 is far from over. The good news this week: Gross Domestic Product (GDP) grew at a real quarterly rate (annualized) of 3.3...

2024-01-27 01:25:00 ET Summary Higher interest rates have had a significant (i.e., disinflationary) impact on important segments of the economy. Banks are still flush with liquidity. The Fed is not starving the system for liquidity as it did in prior tightening episodes. Durab...

2024-01-26 23:46:00 ET Summary The unemployment rate stayed under 4%, wage growth outpaced inflation and the stock market ended the year at an all-time high. Monthly inflation data measures the percentage change in price levels. So, when inflation falls from 9.1% to 3.4%, as it ha...

2024-01-26 20:55:00 ET Summary The dovish shift in Fed forecasts in December – with three rate cuts pencilled in for 2024 – incentivised the market to push even more aggressively in pricing cuts. However, they appear to have gone too far too fast for the Fed’s...

2024-01-26 19:13:00 ET Summary Inflation is on the cusp of hitting the 2% target. Strong spending is still driven by legacy savings. First quarter GDP growth is set to remain robust, leaving May the more likely start point for rate cuts. By James Knightley ...

2024-01-26 16:00:00 ET Summary New data from the Bureau of Economic Analysis shows that inflation has slowed significantly over the last year. Most of the inflation observed since January 2020 was due to loose monetary policy. The Fed has kept monetary policy sufficiently rest...

2024-01-25 11:07:00 ET Summary Fourth quarter 2023 GDP growth beat all expectations thanks to strong consumer and government spending plus a positive contribution from net trade. First quarter GDP growth is expected to be weaker based on business surveys, but the Fed is close to d...