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HEADLINES:

Going Fractal With The S&P 500: An After-Action Report
Ironman at Political Calculations • Tue, May 14
S&P 500: Squeaks Out A New All-Time High By 7 Basis Points
Doug Short • Tue, May 14
Still Bullish
Bespoke Investment Group • Mon, May 13 • 1 Comment
S&P 500 At Another Record: Update On Earnings, Valuation And Estimates
Pendulum • Mon, May 13
S&P 500 Snapshot: Closing The Week At A New All-Time High
Doug Short • Sun, May 12 • 2 Comments
S&P 500 Snapshot: The 5-Day Rally Ends
Doug Short • Fri, May 10 • 1 Comment
S&P 500 Snapshot: Fifth Consecutive All-Time High
Doug Short • Thu, May 9
S&P 500 Snapshot: Fourth Consecutive All-Time High
Doug Short • Wed, May 8
S&P 500 Snapshot: Another All-Time High
Doug Short • Tue, May 7
S&P 500 Snapshot: All-Time High Above 1600
Doug Short • Sun, May 5 • 1 Comment
S&P 500 Snapshot: Another Closing High (By 2 Basis Points)
Doug Short • Fri, May 3 • 2 Comments
S&P 500 Snapshot: May Is Off To A Bad Start
Doug Short • Thu, May 2
S&P 500 Snapshot: Another All-Time High
Doug Short • Wed, May 1 • 1 Comment
S&P 500 Snapshot: New All-Time High
Doug Short • Tue, Apr 30
S&P 500 Snapshot: The Rally Stalls
Doug Short • Sun, Apr 28 • 1 Comment
S&P 500 Snapshot: Day 5 Of The Rally
Doug Short • Fri, Apr 26 • 1 Comment
S&P 500 Snapshot: A Narrow Range To Nowhere
Doug Short • Thu, Apr 25 • 1 Comment
S&P 500 Snapshot: A Tweet Day For U.S. Markets
Doug Short • Wed, Apr 24
Building A Simple Trading System To Diversify Your Portfolio: Part 4
Maik Schwäbe • Tue, Apr 23
S&P 500 Snapshot: A Modest Monday Gain
Doug Short • Tue, Apr 23

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Look Out Direxion: ProShares Launches Line of 3X Leverage and Inverse ETFs
Invest With An Edge • Fri, Feb 12, 2010 • 9 Comments

Going Fractal With The S&P 500: An After-Action Report
Ironman at Political Calculations • Tue, May 14
S&P 500: Squeaks Out A New All-Time High By 7 Basis Points
Doug Short • Tue, May 14
Still Bullish
Bespoke Investment Group • Mon, May 13 • 1 Comment
S&P 500 At Another Record: Update On Earnings, Valuation And Estimates
Pendulum • Mon, May 13
S&P 500 Snapshot: Closing The Week At A New All-Time High
Doug Short • Sun, May 12 • 2 Comments
S&P 500 Snapshot: The 5-Day Rally Ends
Doug Short • Fri, May 10 • 1 Comment
S&P 500 Snapshot: Fifth Consecutive All-Time High
Doug Short • Thu, May 9
S&P 500 Snapshot: Fourth Consecutive All-Time High
Doug Short • Wed, May 8
S&P 500 Snapshot: Another All-Time High
Doug Short • Tue, May 7
S&P 500 Snapshot: All-Time High Above 1600
Doug Short • Sun, May 5 • 1 Comment
S&P 500 Snapshot: Another Closing High (By 2 Basis Points)
Doug Short • Fri, May 3 • 2 Comments
S&P 500 Snapshot: May Is Off To A Bad Start
Doug Short • Thu, May 2
S&P 500 Snapshot: Another All-Time High
Doug Short • Wed, May 1 • 1 Comment
S&P 500 Snapshot: New All-Time High
Doug Short • Tue, Apr 30
S&P 500 Snapshot: The Rally Stalls
Doug Short • Sun, Apr 28 • 1 Comment
S&P 500 Snapshot: Day 5 Of The Rally
Doug Short • Fri, Apr 26 • 1 Comment
S&P 500 Snapshot: A Narrow Range To Nowhere
Doug Short • Thu, Apr 25 • 1 Comment
S&P 500 Snapshot: A Tweet Day For U.S. Markets
Doug Short • Wed, Apr 24
Building A Simple Trading System To Diversify Your Portfolio: Part 4
Maik Schwäbe • Tue, Apr 23
S&P 500 Snapshot: A Modest Monday Gain
Doug Short • Tue, Apr 23

There are no Transcripts on UPRO.

Peter Brimelow: Bull bitten by bear, regrouping

at MarketWatch.com (Sep 26, 2011)
Mark Hulbert: Contrarian indicator offers bearish picture

at MarketWatch.com (Jul 6, 2010)

UPRO vs. ETF Alternatives

UPRO Description

ProShares UltraPro S&P500 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the S&P 500®.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Core Building Blocks: A Guide to ETFs That Divide the U.S. Stock Market by Market Cap
Asset Class Performance: Market Cap

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

Saturday, May 18, 9:15 AM Leon Cooperman and partner Steve Einhorn keep it simple: Stocks (VTI) are cheap relative to interest rates and inflation. The guy who bought T-bills (SHY) has migrated to T-bonds (TLT), the guy who bought T-bonds has moved to investment grade corporates (LQD), the guy who bought IG is now in high-yield (HYG, JNK), and so on (glasses clink in the FOMC board room). Their largest position is Sprint Nextel (S) - as fans of Masayoshi Son and long-time owners of DISH, the duo like seeing two industry titans both wanting the same asset. New Citigroup (C) management should be able to double ROE over the next 2-3 years, and Transocean (RIG) sells for a significant discount to asset value. 4 Comments [Quick Ideas]
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!
Tuesday, May 14, 8:03 AM More from Tepper: "We're going to get this hyper-drive market," unless the Fed starts tapering its purchases, he says (referencing 1999), adding the June meeting wouldn't be a bad time to get started. He pulls out this chart from a recent FRBNY report, showing stocks remain cheap - the equity premium to bonds is as high as it's been in the last 50 years. 16 Comments
Tuesday, May 14, 7:52 AM Tepper stays bullish. Confounding gnomes who whispered the hedge fund honcho was turning cautious on stocks, David Tepper tells the CNBC crew the wave of liquidity that turned him bullish in the first place is getting even bigger. Fed tapering? So what, he says. The U.S. budget deficit over the next 6 months will only be $100B, while the Fed is scheduled to buy about $500B. That's $400B coming out of the bond market and going to investors who can buy more fixed-income, more real estate, more stocks. SPY erases losses and gets back to flat premarket. 11 Comments [Breaking News]
Friday, May 10, 8:33 AM The S&P 500 (SPY) has yet to have even a 4% correction this year, with the only other time since 1980 the index made it to this point without one being 1995, according to Miller Tabak. The S&P went on the finish 1995 with a 34% advance that was but a small precursor to gains yet to come. One difference: 1995's gain was led by cyclicals and tech. This year's by defensive sectors (though showing signs of rotation). 4 Comments
Monday, May 6, 8:40 AM Laszlo Birinyi ups his S&P 500 (SPY) target this year to 1,900, the index having already hit his original 1,600 guess. He says this year's bull market most resembles the patterns etched in 1982 and 1990, suggesting another 20% of upside. "In addition to the historical parallels, we still view sentiment as subdued and nowwhere approaching extremes." 11 Comments
Monday, April 29, 10:40 AM Not confirming the nice move in the S&P (SPY) since March is the 10-year Treasury yield, today hitting another 2013 low of 1.65% (TLT +0.2%). Yields and stocks have move broadly together for years - especially so for the last year - but began to diverge about 2 months ago. Another notable divergence is the Russell 2000 (IWM) - trending lower for the last 6 weeks. 3 Comments
Wednesday, April 24, 10:10 AM Turning 10 this week, the Guggenheim S&P 500 Equal Weight ETF (RSP) has outperformed the SPY by 5,900 basis points since its launch. The RSP was one of the pioneers of equal-weighting - created in the aftermath of the 2000 bust to give investors exposure to stocks without so high a focus on large caps (the so-called "Cisco effect"). It's time for a renaming to the "Apple effect" as QQQE - the Nasdaq 100 Equal Weighted ETF - has outperformed the QQQ by 850 bps YTD. 3 Comments
Monday, April 22, 11:08 AM "When the cover of a major financial magazine features a cartoon of a bull leaping through the air on a pogo stick, it's probably about time to cash in the chips," writes John Hussman, commenting on Saturday's Barron's cover. Ryan Detrick notes the Barron's big money poll was decidedly more bearish 6 months and 1,000 Dow (DIA) points ago. 5 Comments
Thursday, April 18, 9:03 AM After dropping to the lowest level since March 2009 last week, bulls gain 7.5 points to 26.8% in the AAII Investor Sentiment Survey. The long-term average of bulls is 39%. Those bearish drop 6.3 points to 48.2% - still well above the long-term average of 30.5%. From Bespoke is this chart of the SPY vs. the AAII bulls since 2009. 3 Comments
Tuesday, April 16, 8:57 AM Stocks are "far from the overextended levels that prevailed at the prior peaks," says BAML, comparing the S&P 500 (SPY) today to March 2000 and October 2007. Earnings and dividend yields today are far higher; PE ratios, Price/Book, EV/EBITDA are all lower. "Third time a charm?" 1 Comment
Monday, April 15, 3:50 PM Calling recent stock market action a "buying stampede" unlike anything he's seen in more than 50 years of watching markets, Jeff Saut says the investors he talks to believe the rally is "artificially induced" and is set up for a crash. The big picture: QE remains, profits have risen along with stocks, the Advance/decline line has broken out to new highs - "there is nothing in the 'tea leaves' suggesting a repeat of double-digit declines" seen in the past 3 springs. 15 Comments
Friday, April 12, 11:38 AM "We capitulate on our 'correction call,'" says JPMorgan's Tom Lee, bullish again after a brief foray into the bearish camp. Lee says the economy is stronger than he anticipated and even weak data (see retail sales earlier) is being "looked through." 10 Comments
Monday, April 1, 8:36 AM S&P 500 (SPY) records now and then: Corporate profits are 13% higher today than October 2007, says BAML's Savita Subramanian, concluding stocks are "still playing catch up to fundamentals." Additionally, the index's dividend yield is 30% higher now and the P/E ratio is well-below levels of 2007 and 2000. "Waiting for a better entry point can be dangerous," she advises. 6 Comments
Tuesday, March 26, 10:50 PM Sentiment indicators tend to work best at bottoms, writes The Fat Pitch, but it doesn't mean we shouldn't pay attention to what's become a bit of froth in the bull camp. Low cash levels, rising margin debt, prominent bears capitulating, and the return of the Dow 36K crew have been well-documented. One you might not have heard of is the Canadian equivalent of Time screaming "BUY!" on its cover. 3 Comments
Thursday, March 21, 10:48 AM Jefferies' David Zervos has been as apocalyptic as they come (I, II) with regards to Cyprus, and his latest note says the country's eurozone exit (now openly talked about at the EU's highest levels) could be a Lehman-style systemic event. He sees about a 20% chance of such next week. "The risk/reward for chips on the table stinks; that's why I'm on the sidelines." 1 Comment [Global & FX]

Perkins Cove
$UPRO, calling Boatyzaffa , Mercy Jimenez, and ALL.....new quote time. Whach YOU got? Please add an S&P 500 guess for the end of the year.
Mon, 1:26 PM
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Perkins Cove: In memory of DaLatin/bigthinker/etc....play along.....grin
Mon, 1:30 PM
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x oil -field: @DaL Simpson Rule(s) S&P at year end = 1725 = good call.I'll up you a little,my call S&P at the year end= 1775. http://bit.ly/10EeLq7
Mon, 1:46 PM
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jason2713
$UPRO - levered up 4:1 on a 3x ETF That's how bullish I am.
May 7, 1:34 PM
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Michael Blair
$UPRO Sold my May $125 UPRO at $8.80 today. Will re-enter on bounce if any. Don't like to hold triple levered ETF's very long.
Apr 15, 6:15 PM
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Michael Blair
$UPRO Bought May UPRO $125 puts at $7.10. Call it insurance.
Apr 12, 10:39 AM
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ltfinger
Potential Downgrades (4/4/13): $TD, $TDW, $THO, $THRX, $TPX, $TQQQ, $TYL, $UPRO, $WAC, $WAG, $WYN, $XONE
Apr 5, 12:47 PM
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ltfinger
Returning Upgrades (3/26/13): $CHRW, $COF, $CPHD, $IDCC, $MUR, $NFLX, $PKG, $R, $SPXL, $SSO, $TW, $UPRO, $WLP, $ZSL
Mar 27, 3:38 AM
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ltfinger
Today's Potential Downgrades (3/19/13): $SIAL, $SPLK, $SPXL, $SQM, $SSO, $SWI, $TBT, $THO, $TROW, $UPRO, $VIAB, $VMC, $WDAY
Mar 20, 8:52 AM
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neobliviscar
$UPRO Selling April 120 & 122 calls. May pair with buying 125s.
Mar 6, 9:40 AM
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det9: You still holding $DCIX?
Mar 6, 9:47 AM
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neobliviscar: Yep. Wondered what the heck going on there yesterday. I almost hedged it at $6.70, but thought spread on options was too wide. Wish I had.
Mar 6, 9:49 AM
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Joe Springer
An open letter to the investing community: http://bit.ly/Wdrf67 $GLD $SPY $UPRO $AEM
Feb 21, 5:58 PM
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Macro Investor
I may have been an idiot for waiting too long to buy calls on $UPRO, the way the doves are coming out and ruining the party.
Feb 21, 1:07 PM
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jupiter 2012: This brief but sharp correction may be what the bull needs to propel it to new all time highs before a nasty correction ensues.
Feb 21, 2:20 PM
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Macro Investor: I have a 20% up target post sequester for $UPRO. As for $DUST, I will let my calls run for a while. That trade is a bit tired now.
Feb 21, 4:03 PM
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LATEST REPLIES

neobliviscar
$UPRO Selling April 120 & 122 calls. May pair with buying 125s.
Mar 6, 9:40 AM
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det9: You still holding $DCIX?
Mar 6, 9:47 AM
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neobliviscar: Yep. Wondered what the heck going on there yesterday. I almost hedged it at $6.70, but thought spread on options was too wide. Wish I had.
Mar 6, 9:49 AM
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Macro Investor
I may have been an idiot for waiting too long to buy calls on $UPRO, the way the doves are coming out and ruining the party.
Feb 21, 1:07 PM
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jupiter 2012: This brief but sharp correction may be what the bull needs to propel it to new all time highs before a nasty correction ensues.
Feb 21, 2:20 PM
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Macro Investor: I have a 20% up target post sequester for $UPRO. As for $DUST, I will let my calls run for a while. That trade is a bit tired now.
Feb 21, 4:03 PM
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Macro Investor
Why do I even bother investing? I should put 25% in $TQQQ, 25% in $UPRO, 25% in $XPP, and 25% in cash, and be done with it.
12/18/12
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jason2788: Assuming youre short?
12/18/12
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Macro Investor: long
12/18/12
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neobliviscar
Buying 100 contracts of NOV UPRO for fun.
11/15/12
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neobliviscar: $79. Entirely a chip shot. $525 in. Pays probably $10k to $20 if we get a big up day tomorrow. Odds are guested maybe 1 in 20.
11/15/12
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pablo63: Why not ???
11/15/12
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mun2000
bought UPRO 72.59
5/14/12
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mun2000: 1337 cal the bottom here
5/14/12
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O. Young Kwon
Sold ProShare Ultra S&P 500 (UPRO), taking a 4.0% gain (4 days) to save cash yk
1/17/12
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jason2788: like taking candy from a baby.
1/17/12
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O. Young Kwon: jason2788 Thanks. yk
1/17/12
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O. Young Kwon
Bought ProShare Ultra S&P 500 (UPRO), SPY has TANER Momentums (2-3). yk,
1/13/12
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realornot: thank you...
1/13/12
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O. Young Kwon: realornot. You're welcome. yk
1/13/12
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jason2788
i bought the dip. UPRO all in, 4:1 margined. bullish.
1/13/12
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mun2000: jason i just saw your new pictures .WOW you sack my ben > Good luck in superball from a steelers fan.Ravens rock this year best team in AFC
1/13/12
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Bonsai Boards: Except they got beat by the Jags!
1/13/12
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SlingWing9
Looking for a strong rally soon. UDOW, SAA, UPRO.
12/22/11
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mP1: Theres a rally every week these days, the prob is picking which day beforehand.
12/22/11
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tashe: Thanks for your posts S W. Your thoughts are interesting and informative.
1/6/12
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SlingWing9
Time for UPRO.
12/29/11
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Brandon Gibbs: I like it at $55, what about you?
12/29/11
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talbano
someone buying UPRO
12/28/11
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Brandon Gibbs: maybe at the open tomorrow
12/28/11
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talbano: I wouldn't either but someone is...maybe someone covering
12/28/11
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O. Young Kwon
Bought ProShare Ultra S&P 500 (UPRO). A bet on a correction in a very immediate term. yk
12/12/11
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Demi9OD: Russel may lead us higher.
12/12/11
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O. Young Kwon: Demi9OD & pokalolo. Thanks. Bought both UPRO & UWM, and sold UPRO, taking a 1.2% gain. yk
12/12/11
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campusglass
SPXU to acquire UPRO for 30$ a share cash =)
12/1/11
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campusglass: just posting nonsense. dnt mind me
12/1/11
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Dinny
UPRO been down 6 days in a row. 2nd longest down streak since 2009.
11/23/11
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Ricardo Espinosa: Maybe because we´re really heading into the shitstorm, but probably worth a quick scalp.
11/23/11
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cheme
ALWAYS track levered ETFs using underlier levels...e.g. UPRO=SPX, TZA=R2K, DTO=CLZ11, etc. Lvrd ETF levels are NOT reliable-decay, etc.
11/18/11
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Romar: Good idea to check underlier
11/18/11
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campusglass: I like that cheme. Much appreciated.....great tip
11/18/11
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UPRO ProShares UltraPro S&P 500 ETF

UPRO

ProShares UltraPro S&P 500 ETF