PROSHARES ULTRAPRO DOW30 PROSHARES ETF News

The laggard of the three key U.S. equity gauges in 2023 -- the Dow Jones Industrial Average -- managed to close the first trading day of 2024 in the green, unlike the S&P 500 and the Nasdaq.

Leveraged ETFs often underperform their underlying index due to beta-slippage. Monthly and yearly drift can be monitored to assess the performance of leveraged ETFs relative to their underlying index.

Last week, the Dow Jones Industrial Average attained a historic landmark, reaching a record high, thanks to the Federal Reserve's dovish stance and tone.

The Dow Jones Industrial Average has been outperforming over the past three months, rising 5.1% compared with a 3.6% gain for the broad market index fund (SPY).

Fed raised its benchmark interest rate by 0.25% on Wednesday, leaving room for more hikes this year. Such rising rate environment is a plus for the Dow Jones ETFs.

Dow Jones climbed for nine consecutive sessions, marking the longest winning streak since Sep 20, 2017.

The Dow Jones wrapped up its biggest weekly gain since March, buoyed by better-than-expected results, easing inflation and rising consumer sentiment.

I discuss the reasons why leveraged ETFs drift. A dashboard with 22 of them. The worst decays are in biotechnology and semiconductors ETFs.

The Dow Jones beat the S&P 500 and the Nasdaq Composite in 2022. Can it maintain the momentum in 2023?

After logging in back-to-back monthly gains, the Dow Jones Industrial Average entered into a new bull market, rallying 20% from its September lows.

The Dow Jones Industrial Average wrapped up its best month since 1976, surging about 14% in October.

History shows traders and investors in UDOW have good timing. On a relative basis, they own the greatest number of shares at market bottoms and a smaller number at tops. The number of shares outstandi

If investors start selling before the declaration of a bear market/recession they will reduce the magnitude of the decline and forgo the opportunity to participate in a major future reversal

If we do have a recession sometime in the next twelve months, it doesn’t appear as though an unknown asset bubble is about to pop.

We use JPMorgan's Q1 2022 earnings call to look for clues as to how the economy is doing. Click here to see the results and whether JPM is a buy now.