URTY News and Press, ProShares UltraPro Russell2000 From 06/06/23

2023-06-06 10:17:00 ET Summary The five most expensive tech companies now make up a record 25.7% of the S&P 500. The tech-centric Nasdaq 100 has risen the most compared to the economically-sensitive Russell 2000 since the stock market peak in March 2000. When rare mania pr...

2023-06-06 09:59:00 ET Summary The S&P 500 reached a new high for 2023, driven mainly by tech mega-caps. A broader rally could continue if economic data remains mixed and the Fed pauses rate hikes. Technical indicators suggest a potential 9% surge in the stock market if a ...

2023-06-06 05:38:00 ET Summary The US economy faces concerns such as Fed tightening, high inflation, tighter bank lending standards, and leading indicators pointing to a potential downturn. The job market remains solid, but some worsening data suggests that its strength may have p...

2023-06-06 04:39:00 ET Summary The Fed may not raise rates in July, as inflation is expected to continue to decline. Housing prices have been falling for the past 18 months, which will lead to negative Owner's Equivalent Rent component of the CPI in the coming months. The econ...

2023-06-05 19:35:00 ET Summary The US may be adding jobs in huge numbers, but the key ISM business surveys cast serious doubt on how long this can last. The manufacturing ISM index is already indicating recession and the service sector will soon join it unless order books turn aro...

2023-06-02 22:30:00 ET Summary The service sector has historically kept the US economy afloat during manufacturing contractions, allowing for a "soft landing" scenario. The monetary conditions index suggests economic growth will pick up later this year, which could explain the sto...

2023-06-02 03:05:00 ET Summary Recessions are generally associated with lousy labor markets. Unlike many other countries, the US official (NBER) definition of recession does not involve two negative quarters, but lots of people wrongly believe it does. It will be interesting t...

2023-05-24 10:45:00 ET Summary Rarely in the history of US economic analysis have recession forecasts been so plentiful and widely embraced. This week’s issue of the newsletter sent to subscribers continues to report a firmer reading of economic activity for the immediate f...

2023-05-22 10:30:00 ET Summary We’ve seen this movie before... gold did ok, but what about stocks? The last time we saw this preference for gold was 10 years ago. Why? Waiting for the last shoe to drop is not a recipe for market success. Markets are forward-loo...

2023-05-20 07:00:00 ET Summary In the US, recent growth has been positive, the labor market has been resilient, and inflation appears to have peaked. Despite current rosy macro data, many forecasters see two clouds on the horizon: recession and inflation. Acknowledging the goo...