UCC News and Press, ProShares Ultra Consumer Services From 07/14/22

Disney's movie releases are going to increase free cash flow tremendously, probably beginning with the third quarter. Disney probably has a lot of potential blockbusters in the backlog of movies to be released. The parks are now operating and will generate a lot of cash as well. ...

As previously detailed beforehand, Amazon's 1st quarter would be the worst in its history. Sure enough, it was, and the stock plunged 16% the following day. While revenue came in as expected, the market was spooked by lower operating income, margins and tepid guidance. Ugly (and m...

Big box retailer Costco beats earnings and sales estimates in Q3. Prices of hot dog/soda combo and membership fees not being increased. We look at how Costco will continue to take market share if indeed inflation persists. For further details see: Costco: Solid Q3 Earnin...

McDonald’s stock has strong upside based on the company’s ability to outperform competitors in challenging environments, superior distribution network, and more. McDonald’s superior operation enabled the company to not just survive in an extremely challenging envi...

ProShares has announced that they will make forward and reverse share splits on seventeen of their exchange traded funds which will go into effect in Jan. 2022. Moreover, the splits will not change the total value of a shareholder’s investment. Forward splits decrease the price per sha...

Today marks the unofficial start of the holiday shopping season as investors size up Black Friday to determine the current mood of the U.S. consumer. While fears of a new COVID variant are overshadowing the shopping bonanza, many consumers will still be looking around for bargains. A variety ...

Holiday shopping trends are are on track to make a comeback this year, with 158.3M people (nearly 2M more people than last year) expected to shop from Thanksgiving Day through Cyber Monday. That's according to the latest report from the National Retail Federation, which estimates consumers wi...

Sales of new single-family homes posted a small gain in August, increasing 1.5 percent to 740,000 at a seasonally-adjusted annual rate from a 729,000 pace in July. Despite the gain, sales are down 24.3 percent from the year-ago level and are 25.5 percent below the 993,000 pace in Janu...

The Covid-19 Delta variant continues to trigger shifts in consumer sentiment, and this is reflected in retail sales and earnings results. The latest U.S. retail sales numbers show that the strongest spending happened at non-store retailers, suggesting that consumers are still gravitat...

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...