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UGE News and Press, ProShares Ultra Consumer Goods From 08/13/21

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Company Name: ProShares Ultra Consumer Goods
Stock Symbol: UGE
Market: NYSE

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UGE - U.S. Consumer Spending Preview: Q2 2021

As U.S. retailers and restaurants report Q2 2021 earnings, the bulk of them will be facing the easiest comparisons from a year ago, when the government required brick and mortar stores to close. The Refinitiv U.S. Retail and Restaurant Q2 earnings index is expected to rise by 143.0%. ...

UGE - AIER Leading Indicators Index Suggests Continued Growth As Risks Grow

AIER’s Leading Indicators Index posted a fourth consecutive small decline in July, falling to 75 from 79 in June. Real gross domestic product increased at a 6.5 percent annualized rate in the second quarter, up from a 6.3 percent pace in the first quarter. Total housing sta...

UGE - Global Economic Recovery Remains Driven By Consumer Services While Basic Materials Output Lags

The IHS Markit Global Sector PMI™ signalled sustained strong recovery for the global economy, led by the consumer services sector. Basic Materials sector output growth eased for a second straight month to land in the last position of the eight sector groups we track in the glob...

UGE - PyroGenesis Confirms Successful Production of Nano Silicon Material

MONTREAL, Aug. 05, 2021 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commerciali...

UGE - HPQ Gen 1 Nano Silicon Reactor Successfully Produces First Sample of Nano Silicon Material

MONTREAL, Aug. 05, 2021 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (“HPQ” or the “Company”) ( TSX-V: HPQ ) ( OTCQX: HPQFF ) ( FWB: UGE ), an innovative silicon solutions company, through its wholly – owned...

UGE - Weekly Market Pulse: As Clear As Mud

While the economic growth rate is slowing, that is not a contraction or a recession. If that was the case, you’d see junk bonds selling off too, and that just isn’t the case - at least not yet. Our investment process puts a lot of emphasis on rates of change, whether mac...

UGE - Retail Sales Outrun By Inflation

Retail sales in June rose to $621 billion (seasonally adjusted), but after the 1.7% drop in May, remain below March and April. New & used auto dealers and parts stores' sales fell 2.0% in June, to $132 billion, seasonally adjusted. Ecommerce and other non-store retailers' sale...

UGE - The Stock Market Is At An Important Inflection Point

When the markets goes on the make a new high and all economically sensitive sectors such as these do not confirm the new high, it is a clear signal the new highs are not being supported by economic fundamentals. We are seeing significant bearish divergences in almost all measures of b...

UGE - Supply Bottlenecks Likely To Ease By The End Of The Year

Logistical bottlenecks, caused by disruptions to ports, shipping lines and domestic transportation, have lengthened delivery times and further weighed on the supply shortage in some regions. Ports in Europe and the west coast of the U.S. remain congested. Congestion has also incre...

UGE - Consumers Drive Worldwide Variations In Economic Growth And Inflation

The global economy expanded rapidly again in June, according to the JPMorgan Global PMI. Of the 26 sub-sectors covered by the IHS Markit Global PMI, the fastest expansion was seen for tourism & recreation. One encouraging sign from the US is that growth of demand for consumer ...

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