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Archive for the ‘SMN’ Category

Watch Out Below; Caution Ahead In The Markets? (SMN, DIA, QQQ, SPY, IWM, GDXJ)

December 19th, 2011

Stocks finished modestly higher yesterday, but well off session highs. The day started off well with the Nasdaq (NASDAQ:QQQ), S&P 500 (NYSEARCA:SPY) and Dow Jones Industrial Average (NYSEARCA:DIA) trading as high as 1.7%, 1.3% and 0.8% respectively. However by session’s Read more…

NYSE:GDXJ, SMN

Patience Is Warranted In The Current Environment (SMN, RTH, SPY, IWM, QQQ, DIA)

October 21st, 2011

Stocks rebounded sharply from early session losses to close mixed on Thursday. By the closing bell, four of the five major indices clawed their way back into positive territory with the Nasdaq (NASDAQ:QQQ) being the only holdout. The S&P 500 (NYSE:SPY) and the S&P MidCap 400 posted gains of 0.5% Read more…

NYSE:RTH, SMN

Is It Over Yet? (SRS, SMN, EUO, IWM, SPY, QQQ, DIA)

September 23rd, 2011

Thursday was a miserable day for Wall Street as bears dominated the market on heavy trade. The only bright note is that stocks did end off session lows. All five major indices closed in the red as the market saw broad based selling. The Dow Jones Industrial Average (NYSE:DIA) plunged by 3.5% while the Nasdaq Read more…

NYSE:EUO, SMN, SRS

Yesterday’s Sharp Reversal Does Not Bode Well For Market Bulls (SMN, EEV, EUO, IYR, SPY, IWM)

September 21st, 2011

Stocks closed mixed on Tuesday as trade rose slightly. The morning session showed promise as stocks rallied sharply. For most of the day stocks consolidated at the highs but at the 2:30 reversal period sellers entered the market and drove stocks to session lows into the close. Smaller cap stocks underperformed Read more…

IYR, NYSE:EEV, NYSE:EUO, SMN

Shorts Around The Corner? (SMN, EDZ, IYR, IWM, SPY, DIA, QQQ)

August 18th, 2011

In what has been a rare occurrence over recent sessions, stocks ended the day mixed on light volume. Stocks began the session on a high note but by 10:30 am the market reversed and stocks slid to session lows. However by 2:00 pm stocks recovered and pared losses. The S&P 500 Read more…

IYR, NYSE:EDZ, SMN

Hottest ETFs On The Move (TZA, SMN, FAZ, VXX, GXG, FRN)

July 19th, 2010

It was a tumultuous week in the market with events ranging from the Goldman settlement and disappointing earnings elsewhere in Financials to Apple’s mea culpa to less than stellar jobs Read more…

NYSE:FAZ, NYSE:FRN, NYSE:GXG, SMN, TZA, VXX

ProShares Announces Reverse Share Splits of Nine ETFs

April 9th, 2010

ProShares announced today that it will execute reverse share splits on nine ProShares ETFs. The reverse splits will be effective for shareholders of record after the close of the markets on April 14, 2010. Seven of the funds will execute a 1-for-5 reverse split of shares, and two will execute a 1-for- Read more…

NYSE:DUG, NYSE:EEV, NYSE:FXP, NYSE:GLL, SMN, SRS, URE, UYG, ZSL

ProShares Ultrashort Russell 2000 Fund (SKK) Case Filed by Bernstein Liebhard LLP

March 23rd, 2010

Bernstein Liebhard LLP filed a class action lawsuit on March 22, 2010 in the United States District Court for the Southern District of New York, on behalf of all persons who purchased or Read more…

NYSE:DXD, SKF, SKK, SMN, SRS

ProShares Files For Short Basic Materials ETF (SBM)

March 11th, 2010

ProShares has filed paperwork with the SEC for a Short Basic Materials ETF (SBM). The ProShares Short Basic Materials (the “Fund”) will seek investment results for a single day only, not for longer Read more…

SBM, SMN

Stull, Stull & Brody Announces Class Action Lawsuit on Behalf of Investors in ProShares UltraShort Basic Materials Fund (“SMN Fund”)

December 5th, 2009

lawsuit(BUSINESS WIRE)–The law firm of Stull, Stull & Brody announces that a class action complaint has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons Read more…

SMN

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