USD - ProShares Ultra Semiconductors
| Previous Close | 47.83 |
| Open | 47.77 |
| Bid | 46.41 x 3000 |
| Ask | 49.56 x 900 |
| Day's Range | 47.30 - 48.05 |
| 52 Week Range | 25.62 - 53.30 |
| Volume | 7,726 |
| Avg. Volume | 41,193 |
| Net Assets | 59.81M |
| NAV | 47.79 |
| PE Ratio (TTM) | N/A |
| Yield | 0.94% |
| YTD Return | 63.56% |
| Beta (3Y Monthly) | 2.71 |
| Expense Ratio (net) | 0.95% |
| Inception Date | 2007-01-30 |
- Bloomberg Video
Oil Climbs to Third-Straight Weekly Gain
Sep.28 -- In "Futures in Focus," Scott Shellady, Europe managing director at TJM, examines the factors supporting oil prices, the dollar, and bond yields. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
- Bloomberg Video
Worst Is Probably Over for Emerging Markets, Says Bank of Singapore's Jooste
Sep.27 -- Johan Jooste, head of rates at Bank of Singapore, discusses why he has an overweight call on Asia and where he thinks the U.S. dollar is heading. He speaks on "Bloomberg Daybreak: Asia."
- Bloomberg Video
Macro Funds Are Back in Favor, Credit Suisse's Connors Says
Sep.26 -- Global investors' appetite for hedge funds may be on an upswing. 28 percent of respondents in a Credit Suisse Group survey listed hedge funds as their preferred asset allocation for the second half of 2018. Mark Connors, head of risk advisory at Credit Suisse, weighs in on "Bloomberg Markets: Asia" with Rishaad Salamat and Yvonne Man.
- Bloomberg Video
Widening Deficits May Weigh Down on Dollar in Long Term, Oxford Economics Says
Sep.25 -- Gregory Daco, head of U.S. macroeconomics at Oxford Economics in New York, talks about Federal Reserve policy and the dollar. He speaks with Haidi Straud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
- Bloomberg Video
Nomura Says Cash Is Attractive Amid Fed Normalization
Sep.25 -- George Goncalves, head of U.S. rates strategy at Nomura, discusses the economy, Federal Reserve policy and his view on cash as an asset class. He speaks on "Bloomberg Surveillance."
- Bloomberg Video
Fed May Raise Rates to 3% by Mid-2019, JPMorgan's Stealey Says
Sep.24 -- Iain Stealey, portfolio manager at JPMorgan Global Strategic Bond Fund, talks about Federal Reserve policy, Treasury yields and the dollar. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
- Zacks
Trump Gets Requests for Huawei License: Chip Stocks in Focus
The U.S. Commerce Department is receiving license requests for granting sales to Huawei. In such a scenario, we look at a few chip ETFs which will benefit from a nod in favor.
- Investopedia
Understanding the Correlation of Oil and Currency
There is a hidden string that ties currencies to crude oil. This correlation persists for many reasons, including resource distribution, the balance of trade (BOT), and market psychology. Also, there is crude oil’s significant contribution to inflationary and deflationary pressures that intensifies these interrelationships during strongly trending periods—both to the upside and to the downside.
- CNW Group
Frontera Announces Strong Second Quarter 2019 Results
TORONTO , Aug. 1, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces today the release of its Interim Condensed Consolidated Financial Statements for the second quarter of 2019, together with its Management, Discussion and Analysis ("MD&A"). All values in this news release and the Company's financial disclosures are in United States dollars unless otherwise stated.
- Zacks
Trump Bans More Chinese Tech Companies: ETFs in Focus
Trump adds more Chinese tech entities to the Entity List. This puts spotlight on major U.S. chip suppliers to these entities and the impact on the ETFs holding them.
- Investopedia
3 Reasons the Mexican Peso Is So Liquid
Mexico's vast petroleum reserves and close proximity to the United States add considerable liquidity to the Mexican peso.
- Investopedia
Top 5 Semiconductor ETFs
For those looking to invest in semiconductor stocks, we explore ETFs and leveraged ETFs that can magnify returns of this rapidly growing industry.
- Zacks
Will Semiconductor ETFs Survive the Huawei Ban?
Post U.S. blacklist, Google denied Huawei access to certain updates to the Android system. Here, we study the impact of the ban on some semiconductor ETFs with exposure to Huawei's key U.S. suppliers.
- Zacks
10 Best Leveraged ETFs of the 10-Year Bull Market
The U.S. bull market will turn 10 with more room to run. The S&P 500 Index has quadrupled, rallying more than 300%, from the bear-market bottom hit on Mar 9, 2009.
- Investopedia
Goldman: Investors, Don't Bite on Apple
Apple Inc. ( AAPL) is among the hardest hit tech stocks in November's market rut. The Cupertino, California-based company entered bear territory this week after crashing more than 21% from its 52-week high of $233.47. Goldman Sachs cut Apple’s price target from $209 to $182 on Tuesday, citing lower demand from China.
- ETF Trends
Chip and Dip: Is Semiconductor Weakness a Leveraged Buying Opportunity?
In a pre-Thanksgiving rout, the broad market is feeling the pain of indigestion as the Dow Jones Industrial Average swallowed up to 500 points of losses, but the declines in the technology sector, specifically leveraged semiconductor exchange-traded funds (ETFs) like the Direxion Daily Semiconductor Bull 3X ETF (SOXL), could benefit from a dip in chips. For much of the year, SOXL was riding high on the strength of tech in the historic bull market run for U.S. equities, but it took a brunt of the semiconductor sector's punishment on Friday--down almost 7%--with its 300% exposure thanks to Nvidia missing on revenue for its third quarter earnings report. The losses continued to roil Nvidia on Monday as shares fell 9.3%, which in turn, caused the decline in SOXL by 8.73%.
- ETF Trends
Semiconductor ETFs Whiplashed by Nvidia Revenue Miss
Nvidia outperformed analyst expectations in the earnings department, but missed on the revenue front, whiplashing semiconductor exchanged-traded funds (ETFs) in the process. Nvidia stock fell as much as 16% in Friday's early trading session, while semiconductor ETFs were taken down with it-- ProShares Ultra Semiconductors (USD) --down 5%, VanEck Vectors Semiconductor ETF (SMH) --down 2.34% and iShares PHLX Semiconductor ETF (SOXX) --down 3.30%. Leveraged ETF plays like the Direxion Daily Semiconductor Bull 3X ETF (SOXL) have been riding high on the strength of the technology sector in the historic bull market run seen in U.S. equities, but it took a brunt of the semiconductor sector's punishment on Friday--down almost 7%--with its 300% exposure.
- Investopedia
Top 5 Semiconductor ETFs for 2018
The PC market has dipped recently, which hurts many semiconductor stocks. However, semiconductors continue to be indispensable in phones, games, cars, military weapons and even home appliances. Also, cloud computing is increasing the number of devices needed to access the cloud.
