Is SKF a buy? - Seeking Alpha

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HEADLINES:

Farmer Mac Is Too Risky
Michael Nau • Wed, Mar 20 • 7 Comments
Investment Dilemma - Where To Invest In Today's Minefield?
James Yardley • Mon, Feb 25 • 9 Comments
Risk Aversion Severely Mispriced And Zombified
Russ Winter • Sun, Dec 23, 2012 • 7 Comments
Lest We Forget: The 2011 Debt Crisis And The U.S. Credit Rating
Edward Moseley • Wed, Dec 5, 2012 • 2 Comments
Hedging For Disaster: 5 Plays That Make 500% If The Market Falls
Philip Davis • Sun, Oct 21, 2012 • 50 Comments
Financial Sector: Earnings Estimates Starting To Improve - Can Revenues Follow?
Brian Gilmartin • Thu, Oct 11, 2012 • 4 Comments
S&P 500 Reaches 4-Year High, Due For A Correction
Apple Grade Stocks • Thu, Sep 13, 2012 • 5 Comments
Harry Dent's Formula For Surviving The Great Bust Ahead
The Gold Report • Fri, Aug 3, 2012 • 22 Comments
An Economic Historian's Explanation Why You Should Move To Cash
James Wood • Tue, Jul 24, 2012 • 89 Comments
U.S. Banking Sector Still Not Out Of The Woods
Economics Fanatic • Thu, Jul 19, 2012
ProShares Enters Into Direct Competition With Direxion With Launch Of Triple Leveraged Financials ETFs
Michael Johnston • Fri, Jul 13, 2012
New European Bank Agreement: Deceiving Themselves And The World
James Wood • Fri, Jun 29, 2012 • 89 Comments
Take A Pass On Leveraged ETFs
Lucas Krupinski • Tue, Jun 5, 2012 • 41 Comments
Go Away Or Stay In May? That's The Question
George Simone • Tue, Apr 24, 2012
There Will Be A Correction
Bill Gunderson • Thu, Apr 5, 2012 • 32 Comments
8 ETFs Poised To Rise In A Pullback Scenario
Stookle • Mon, Feb 13, 2012
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
Highly Profitable Short-Term Trade Idea: Long Silver, Short Financials
Mike Williams • Tue, Jan 24, 2012 • 6 Comments
Global Banking: What Should Be Done?
Elliott R. Morss • Tue, Jan 10, 2012 • 1 Comment
If You're Bullish Or Bearish, Here's How To Work This Market
Marc Courtenay • Mon, Dec 19, 2011 • 3 Comments

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ProShares Teams Up With KBW to Launch Inverse, Leveraged Regional Bank ETFs
Michael Johnston • Fri, Apr 23, 2010
FINRA Increases Margin Limits on Leveraged ETFs
IndexUniverse • Fri, Sep 4, 2009
A Contrarian Play on Financials to Consider Just in Case
J Clinton Hill • Thu, Apr 30, 2009 • 7 Comments
Financials Looking Overbought
Mark Riddix • Fri, Apr 3, 2009 • 5 Comments
Calling a Bottom Before Tuesday: What Was I Thinking?
TraderMark • Wed, Mar 11, 2009 • 5 Comments
Bad Is Good with Short ETFs
David Fessler • Tue, Feb 3, 2009 • 4 Comments
Shorting Ban: Thinning of the Herd, or Just Plain BS?
Dan Walker • Thu, Oct 2, 2008 • 1 Comment
Did the Shorting Ban Affect SKF?
Trade Radar Operator • Wed, Sep 24, 2008 • 7 Comments
The Blame Game, Part I: The Short-Seller Witch Hunt
Paul Kedrosky • Fri, Sep 19, 2008 • 39 Comments
Six Reasons To Buy UltraShort Financials Again
Trade Radar Operator • Wed, Aug 13, 2008 • 17 Comments
June Best Month for Short Selling in 7 Years
J.C. Kommer • Thu, Jul 17, 2008 • 2 Comments
Libor Jump Means More Pain for Financials
Ryan Freund • Mon, Apr 21, 2008 • 1 Comment
Libor Jump Means More Pain for Financials
Ryan Freund • Mon, Apr 21, 2008 • 6 Comments
Why I Bought the Ultrashort Financial Sector ETF
Matt Ganucheau • Fri, Apr 4, 2008 • 20 Comments
As Alt A Mortgages Breakdown, Ultrashort Financial Not So Cool Anymore
TraderMark • Thu, Mar 20, 2008 • 9 Comments
Citi's Levkovich - Bullish on Banks
Trade Radar Operator • Sun, Mar 9, 2008 • 2 Comments
Using ProShares' SKF to Short U.S. Financials
Prince of Wall Street • Mon, Dec 31, 2007 • 1 Comment
How I'm Playing The Fed's Upcoming Cut
Ryan Freund • Mon, Dec 3, 2007 • 2 Comments
Ultra Short Financials Proshares ETF: Profit From the Housing Bubble
Ryan Freund • Sun, Nov 25, 2007 • 8 Comments

Farmer Mac Is Too Risky
Michael Nau • Wed, Mar 20 • 7 Comments
Investment Dilemma - Where To Invest In Today's Minefield?
James Yardley • Mon, Feb 25 • 9 Comments
Risk Aversion Severely Mispriced And Zombified
Russ Winter • Sun, Dec 23, 2012 • 7 Comments
Lest We Forget: The 2011 Debt Crisis And The U.S. Credit Rating
Edward Moseley • Wed, Dec 5, 2012 • 2 Comments
Hedging For Disaster: 5 Plays That Make 500% If The Market Falls
Philip Davis • Sun, Oct 21, 2012 • 50 Comments
Financial Sector: Earnings Estimates Starting To Improve - Can Revenues Follow?
Brian Gilmartin • Thu, Oct 11, 2012 • 4 Comments
S&P 500 Reaches 4-Year High, Due For A Correction
Apple Grade Stocks • Thu, Sep 13, 2012 • 5 Comments
Harry Dent's Formula For Surviving The Great Bust Ahead
The Gold Report • Fri, Aug 3, 2012 • 22 Comments
An Economic Historian's Explanation Why You Should Move To Cash
James Wood • Tue, Jul 24, 2012 • 89 Comments
U.S. Banking Sector Still Not Out Of The Woods
Economics Fanatic • Thu, Jul 19, 2012
ProShares Enters Into Direct Competition With Direxion With Launch Of Triple Leveraged Financials ETFs
Michael Johnston • Fri, Jul 13, 2012
New European Bank Agreement: Deceiving Themselves And The World
James Wood • Fri, Jun 29, 2012 • 89 Comments
Take A Pass On Leveraged ETFs
Lucas Krupinski • Tue, Jun 5, 2012 • 41 Comments
Go Away Or Stay In May? That's The Question
George Simone • Tue, Apr 24, 2012
There Will Be A Correction
Bill Gunderson • Thu, Apr 5, 2012 • 32 Comments
8 ETFs Poised To Rise In A Pullback Scenario
Stookle • Mon, Feb 13, 2012
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
Highly Profitable Short-Term Trade Idea: Long Silver, Short Financials
Mike Williams • Tue, Jan 24, 2012 • 6 Comments
Global Banking: What Should Be Done?
Elliott R. Morss • Tue, Jan 10, 2012 • 1 Comment
If You're Bullish Or Bearish, Here's How To Work This Market
Marc Courtenay • Mon, Dec 19, 2011 • 3 Comments

There are no Transcripts on SKF.

When the Fundamentals Just Don't Matter

at CNBC.com (Sep 1, 2011)
John Nyaradi's ETF Edge: These ETFs will help your prosper in financials

at MarketWatch.com (Jul 19, 2011)
When the Fundamentals Just Don't Matter

at CNBC.com (Jul 8, 2011)
When the Fundamentals Just Dont Matter

at CNBC.com (Apr 19, 2011)
Sell anything vulnerable to a downturn

at MarketWatch.com (Apr 4, 2011)
The year’s best trade

at MarketWatch.com (Mar 1, 2011)
It’s time to short the market

at MarketWatch.com (Jan 3, 2011)
When the Fundamentals Just Dont Matter

at CNBC.com (Dec 29, 2010)
The grim reaper is back

at MarketWatch.com (Oct 31, 2010)
Where’s the growth?

at MarketWatch.com (Oct 4, 2010)
When the Fundamentals Just Dont Matter

at CNBC.com (Jul 1, 2010)
Don't get frantic, buy short-based ETFs

at MarketWatch.com (Jun 1, 2010)

SKF vs. ETF Alternatives

SKF Description

ProShares UltraShort Financials seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials IndexSM.
See more details on sponsor's website

Sector: Financial

Country: United States

Key Info

In Your Portfolio: Financial Sector ETFs
Asset Class Performance: Sectors

All
| Earnings
| Dividends
| M&A
| On the move

Friday, May 17, 8:13 AM Thomas Lee lifts his year-end S&P 500 (SPY) forecast to 1,715 from 1,580 as the bull has already outrun his expectations. His team sees clues economic performance is picking up, including the outperformance of semiconductors (XSD) vs. transports (IYT), and the steepening of the 10 year/30 year Treasury curve. Risk/reward is particularly appealing in tech (XLK), healthcare (XLV), and financials (XLF). Comment!
Friday, May 17, 5:56 AM UBS upgrades global financials to Overweight from Underweight on a healing global economy, rebuilt capital, and the sector's shift "from being a net issuer to a net distributor of cash." Furthermore, the U.S. banking sector (XLF) is taken to Overweight as balance sheet strength and attractive valuations play well with the housing market recovery to create compelling opportunities. European banks (EUFN) are lifted to Neutral "with a preference towards Nordic and U.K. banks." Financials respond in London with LLoyds Banking Group (LYG) +2.3%, Royal Bank of Scotland (RBS) +3.3%, and Barclays (BCS) up 0.5%. 5 Comments [Financials, Global & FX]
Wednesday, May 15, 7:54 AM "You're getting cost cuts as a means of sustaining performance and that's not a great sign," says analyst Simon Maughan. "What HSBC (HBC) is showing you (job cuts earlier) is that there is very little growth in the banking industry (XLF) for years to come." CEO Stuart Gulliver notes HSBC has met its savings target, but hasn't met a goal to reduce costs as a percentage of revenue because revenue hasn't grown. 1 Comment [Financials]
Wednesday, April 24, 3:58 PM Richard Pzena (PZN) - still heavily overweight financials (XLF) and mature tech (XLK) - makes his case for global banks in today's earnings call (transcript): With capital levels of 11-13% at JPM, C, and BCS double what they were pre-crisis, will regulators allow banks to earn a decent return on said capital? A definite "yes," says Pzena, seeing no reason demand for financial products won't continue to grow faster than GDP, and noting bank managers' "laser-like focus" on improving returns. An average price-to-book ratio of 0.7x combined with a modest ROE of 12-13% suggests fair value more than double current prices. Comment! [Financials, Tech, Quick Ideas]
Thursday, April 18, 7:37 AM Coming alongside a rise in lender earnings are calls for tougher regulation, including even more stringent capital requirements. Bank profits have thrived the past few years even with all the new rules, but maybe at the expense of economic growth. "The government aimed a Stinger missile at the banking industry and missed and hit the consumer as well," says Dick Bove. The XLF has about matched the S&P's 120% rise since the March 2009 bottom. 1 Comment [Financials]
Monday, April 15, 12:28 PM The Brown/Vitter bill being rolled out in Congress is essentially Armageddon to the TBTF banks, says Goldman, seeing it as mandating another $1.1T in equity for the banking system. Banks would need 12 years of earnings to build this amount organically, though the bill would give just 5 - say goodbye to lending. Break up the banks? BAC, C, JPM, and WFC all have multiple divisions with more than $400M in assets - the level at which the bill gets tough on lenders. 22 Comments [Financials]
Monday, April 15, 11:24 AM A 2.5% move up in Citigroup following earnings is allowing the banks (XLF) to tread water or even move higher in an otherwise bright red tape. Leading the S&P on the downside is the resources sector, XLE -2.9%, XLB -2.5%. S&P 500 (SPY) -0.7%. Comment! [Financials]
Friday, April 12, 12:09 PM "Expect more pronounced slowing" in mortgage banking and loan demand, says Sterne Agee's Todd Hagerman after this morning's earnings from Wells Fargo and JPMorgan. Mortgage banking income fell as expected, but both banks reported slowing application volumes as well, suggesting future cuts to earnings estimates. XLF -0.8%. 7 Comments [Financials]
Wednesday, April 10, 3:59 PM In comments with potential implications for the banking sector, CLSA analyst Mike Mayo says he sees a rebirth of shareholder rights in the sector with institutional investors taking control of their ownership stake. A "country club sort of attitude" has been prevalent for too long among bank boards, with directors getting fired one out of 3,000 times, Mayo says. (video) Comment! [Financials]
Tuesday, April 9, 6:43 PM A Goldman Sachs note helps explain some of the recent weakness in big bank stocks and adds a warning signal: Banks that gain more than 10% in Q1 usually give back nearly all those profits in Q2 when future earnings estimates begin falling. Goldman's top concern heading into Q1 earnings is that "lackluster fundamentals could lead to a negative EPS revision cycle (which has been the trend the past few years)." 5 Comments [Financials, Quick Ideas]
Tuesday, April 9, 9:48 AM JPMorgan Chase (JPM) will lead big U.S. banks in job cuts with 17K expected through 2014, according to Bloomberg, after the six largest U.S. banks announced cuts to 1.8%, or 21K positions, during Q1. The housing rebound means many of the cuts will come in foreclosure units. Banks may tell more about their personnel plans starting this Friday when JPM and Wells Fargo (WFC) report Q1 results. 1 Comment [Financials]
Monday, April 1, 10:06 AM Each time a PNC customer deposits a check by snapping its picture on a smartphone, it saves the bank $3.88 compared to going to a teller window, says President William Demchak. Underway and gaining steam is the trend of banks nationwide closing branches and/or shrinking their size. 2 Comments [Financials]
Wednesday, March 27, 11:08 AM Stocks more than halve early losses 90 minutes into the session, SPY -0.4% an QQQ -0.3%. The financial sector (XLF -0.6%) is lit up red - not surprising given Europe's shuddering banking system. Google and Apple - each down more than 1% - lead tech lower. 5 Comments
Wednesday, March 20, 3:17 PM Bernanke press conference: Banks can not only handle a sustained increase in interest rates, but should thrive, he says, as higher rates mean increased net interest margins and a higher franchise value. Suggestion for a follow-up: What if it's short-term rates which increase? 16 Comments [U.S. Economy]
Monday, March 18, 10:12 AM Some green enters the screen a half hour after a big down open, with Apple and Hewlett-Packard (after an upgrade) notably higher. Not surprisingly banks are feeling the brunt of what's left of the EU bank-induced selloff, the XLF -1.4%. SPY -0.8%, DIA -0.4%, QQQ -0.6%. Europe's about 1% off the lows, the Stoxx 50 (FEZ) -1.5%. 4 Comments
Thursday, March 14, 5:14 PM After hours movers in the banks: JPM -2.5% and GS -2.1% after the two had their capital proposals approved but were asked to submit new plans "to address weakness in their capital planning processes." WFC +0.4%, BAC +3.8% after no dividend hike, but a whopping $10.5B in share repurchases and redemption of high-yielding preferreds. Morgan Stanley +0.9%. The XLF +0.1%. 18 Comments [Financials, On the Move]

Youngone91
short financials SKF
11/15/12
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Michael Clark
SHORT: EL, BP, EWC (Canada), EWG (Germany), EWS (Singapore), EW (France), RDS-A, LULU, FDX, CRM, NOC, C, SAN, JPM LONG: SKF, EUO, ILMN, IMAX
11/12/12
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batpeace
Question: Is buying SKF for the long term (1-2 year) possible? or is there a time limit for keeping it. thanks in advance.
10/28/12
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1980XLS-2.0: Decay in leveraged ETF's mean they are NEVER a viable long term investment. Read the prospectus.
10/29/12
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freefdawatchlist
http://goo.gl/dkfaf From the peak this year: $JPM is down -26%,$BAC is -28%,$MS is -37%,$BCS is -38%,$SKF is -15%,$FAS is -22%, $SAN is -42%
7/21/12
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Jacob Wolinsky
How to prepare for Doomsday http://bit.ly/MqRDqP $GLD $SPY $TLT $VWO $EFA $EEM $QQQ $AAPL $SDS $FAZ $TBT $XLF $SKF $SBS $DXD $SH
6/20/12
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iadops40
eyeing tomorrow morning pre-market ultrashort positions SKF QID
6/4/12
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Brian58
im gonna laugh when SKF goes negative.
5/11/12
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The Berenstain Bulls
Thoughts on SKF in the coming month?
12/28/11
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Alan von Altendorf
added to DGP, sold SKF, initated Mar 60 put NFLX
12/14/11
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AlphaVolume: i like all of those. long lots of gold/silver. long june 40 nflx puts
12/15/11
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The Berenstain Bulls
First post on SA, but a daily reader. Any thoughts on SKF for Monday? Thank you, The Berenstain Bear
12/10/11
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The Berenstain Bulls: Thank you for the input. I sold out of SKF on Monday afternoon and bought into GS today (which was down -3%). The super-cycle is coming
12/13/11
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The Berenstain Bulls: And how is it tied to MF Global?
12/14/11
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LATEST REPLIES

batpeace
Question: Is buying SKF for the long term (1-2 year) possible? or is there a time limit for keeping it. thanks in advance.
10/28/12
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1980XLS-2.0: Decay in leveraged ETF's mean they are NEVER a viable long term investment. Read the prospectus.
10/29/12
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brownlee30
Going short via SKF on the financial sector for tmrw... anyone else?
10/27/11
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eureka-perspectives: I'm jusr in also, although just against my XLF longs
10/27/11
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batpeace: Question on SKF _ lets say if i buy 100 shares.. can i keep it for as long as i want? is there a time limit to liquidate or not. Thanks
10/28/12
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Brian58
im gonna laugh when SKF goes negative.
5/11/12
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Alan von Altendorf
added to DGP, sold SKF, initated Mar 60 put NFLX
12/14/11
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AlphaVolume: i like all of those. long lots of gold/silver. long june 40 nflx puts
12/15/11
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The Berenstain Bulls
First post on SA, but a daily reader. Any thoughts on SKF for Monday? Thank you, The Berenstain Bear
12/10/11
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The Berenstain Bulls: Thank you for the input. I sold out of SKF on Monday afternoon and bought into GS today (which was down -3%). The super-cycle is coming
12/13/11
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The Berenstain Bulls: And how is it tied to MF Global?
12/14/11
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cdeering
What are your thoughts about SKF? I bought in this afternoon... going to check early Monday to see if I should keep it...
12/10/11
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AlphaVolume: dont fight the trend. can you really predict the future?
12/10/11
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Alan von Altendorf
Initiated short position SKF SRTY and Jan puts CVX ATPG WTI
11/25/11
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Chris Lau: Did the ECB-IMF-US short squeeze force you to cover your position or will you stick to ATPG short
11/30/11
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Alan von Altendorf: I doubt that ATPG is a going concern. I also doubt that there will be closure of Strait of Hormuz in the next two months.
11/30/11
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Eric Stalee
We broke below 12,000 again...TVIX SKF $$$
11/7/11
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Eric Stalee: Hell yes. I bought 50 shares on Friday @ 52.00. Added 50 more today at 51.45 LOL.
11/7/11
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Eric Stalee: Not 50 more today, 100 more.
11/7/11
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O. Young Kwon
Bought ProShare UltraShort Financials ETF (SKF) which is not a TNAER member. It's a special case for a very short teerm. yk
10/10/11
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CRUDE GOLD: Following with FAZ, TSX is dead jammed.
10/10/11
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O. Young Kwon: @ CRUDE GOLD. Thanks. Good luck with 3x. To me, 2x is enough. It's an instant play though. yk
10/10/11
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SKF ProShares UltraShort Financials ETF

SKF

ProShares UltraShort Financials ETF