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Proshares is set to reverse split 10 of its funds tomorrow May 11th. In the reverse splits, the outstanding shares of each Fund will be will be exchanged for new shares of each Fund in the ratios listed below.Open orders at the close of business on Thursday, May 10 Read more…
NYSE:BOIL, NYSE:BZQ, NYSE:DXD, NYSE:SFK, SCC, SMDD, SPXU, SRTY, TWQ, ZSL
Michael Snyder: In recent days, New York Times economist Paul Krugman has been doing a whole bunch of interviews in which he has declared that the solution to our economic problems is very easy. Krugman says that all we need to do to get the global economy going again is for the governments of the world Read more…
ProShares, the nation’s fourth most successful exchange traded fund (ETF) company,1announced today share splits on six of its ETFs and reverse share splits on 11 of its ETFs. The splits and reverse splits will not change the value of a Read more…
NYSE:BOIL, NYSE:BZQ, NYSE:DXD, NYSE:KOLD, QLD, SCC, SMDD, SPXU, SQQQ, SRTY, TQQQ, TWQ, UBT, UDOW, UST
JR Crooks: A “false dawn” is simply the “dawn before the dawn.” That is, a brief light that appears before daybreak. But are the early signs of a much-anticipated global recovery an indicator of more improvement to come, or simply a quick flash of light before darkness resumes? Read more…
Chris Martenson: A Broken Narrative: Recently I was asked by a high school teacher if I had any ideas about why students today seem so apathetic when it comes to engaging with the world around them. I waggishly responded, “Probably because they’re smart.” Read more…
Sy Harding: Another week of economic reports adds to the likelihood of a summer correction in the stock market again this year, and even to the possibility that it has already begun. Read more…
Neena Mishra: ETFs have gained tremendous popularity in recent years due to several advantages that they offer to the investors, including low costs, tax efficiency and transparency. As of the end of February 2012, assets in US listed ETFs totaled approximately $1.2 trillion, up 14% year-over-year Read more…
Michael Snyder: Most Americans have no idea how much economic trouble is heading our way. Most of them just assume that everything will eventually “return to normal” just like it always has before and Read more…
Martin D. Weiss: In the second half of 20th Century, you could count on the rising U.S. economy to lift nearly all boats. Sure, we had recessions. Read more…
Corey Rosenbloom: I think a lot of traders have been surprised by the persistence of the “Creeper Trend” of early 2012 – along with many investors as well. Read more…
Sy Harding: Almost a year ago in this column I pointed out the eerie similarities in April (2011) to conditions the previous April (2010). And sure enough the similarities continued into almost identical 20% market corrections before the bull market resumed. Read more…
Dominique de Kevelioc de Bailleul: Speaking with Financial Sense Newshour’s Jim Puplava on Thursday, Robert Prechter of Elliot Wave Theory fame said he doesn’t think central banks can Read more…
Michael Snyder: No matter how often the pretty people on television tell us that the U.S. economy is getting better, it isn’t going to change the soul crushing agony that millions of American families are Read more…
Larry Edelson: Many already think that the European sovereign debt crisis is passing. That the latest bond deal and bailout for Greece solves everything. But as far as I’m concerned, nothing could be further from the truth. Read more…
Jeff Nielson: Where did it come from? Where did it go? These are the two principal questions being framed today, after Lord James of Blackheath (a member of the UK House of Lords) unveiled Read more…
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