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UDOW News and Press, ProShares UltraPro Dow30 From 06/21/24

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Company Name: ProShares UltraPro Dow30
Stock Symbol: UDOW
Market: NYSE

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UDOW - UBS says the current market conditions and the late 1990s have many differences

2024-06-21 09:54:05 ET As the S&P 500 ( SP500 ) and Nasdaq Composite ( COMP:IND ) continue to flirt with all-time trading highs, many bears in the market are calling for a topping bubble, as they draw parallels to the market’s late-1990s rally that was followed by a sharp...

UDOW - Wolfe Research outlines five downside risks as it believes choppier markets are ahead

2024-06-20 09:13:59 ET Wolfe Research noted that Wall Street's major market averages are on track for a historically strong trading year, but the institution also predicted higher volatility in trading in the back half of 2024.... Read the full article on Seeking Alpha For furth...

UDOW - Growth In Government Jobs Points To Recession

2024-06-20 00:20:00 ET Summary Last month, for instance, government employment was up 2.7 percent, year over year, while private employment was up on 1.6 percent. Growth in government jobs has been outpacing private employment (year over year) for the past fourteen months. The...

UDOW - Wells Fargo sees two rate cuts in 2024, but says it will be a 'close call'

2024-06-14 09:53:13 ET Wells Fargo argued that it sees the Federal Reserve stepping in and cutting rates twice in 2024 as the path to get back to 2% inflation is coming more into focus, with core inflation easing for the second consecutive month in May.... Read the full article on See...

UDOW - Barclays sits in-line with the Fed and anticipates one rate cut for 2024

2024-06-13 14:18:50 ET Barclays on Thursday said that it maintains its call that the Federal Reserve will cut rates only one time in 2024, echoing the central bank's updated dot plot which also showed a median of only one 25 basis point rate cut this year.... Read the full article on ...

UDOW - Nomura holds its stance on two rate cuts in 2024 even as Fed dials back on cuts

2024-06-13 09:58:38 ET Nomura believes that economic data this year will "likely be sufficient" for the Federal Reserve to deliver two rate cuts, despite the central bank's updated dot plot on Wednesday calling for just one.... Read the full article on Seeking Alpha For further ...

UDOW - U.S. Probability Of Recession In Next 12 Months Hovers Near 70%

2024-06-11 08:10:00 ET Summary We've been tracking a recession forecast model developed for the Federal Reserve Board by Jonathan Wright in 2006, which utilizes the U.S. Treasury yield curve as an input, while also factoring in the level of the Federal Fund Rate. In following mont...

UDOW - Citi - ETFs continue to bring in weekly inflows

2024-06-07 09:50:45 ET Citi Research spotlighted on Friday that the investment community was overall net buyers of fund assets for the week that ended on June 5, as exchange traded funds observed a positive week of inflows.... Read the full article on Seeking Alpha For further d...

UDOW - Goldman Sachs: Core inflation will cool to 2.2% in developed economies

2024-06-04 09:44:15 ET Goldman Sachs said Tuesday that it believes developed economies around the world should see a lowering of core inflation over the coming months, which should provide central bank officials the confidence needed to start lowering interest rates.... Read the full ...

UDOW - Leveraged ETFs Dashboard And Lessons From SPXL History

2024-06-02 13:49:05 ET Summary Leveraged ETF prices drift due to beta-slippage. This monthly article series monitors 22 of them. ProShares Direxion Daily S&P 500 Bull 3x Shares ETF (SPXL) has experienced both positive and negative drift in its history. In volatile times, i...

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