: iStockAnalyst.com Symbols Feed

Wagner's Daily For June 30 2009

Tue, 30 Jun 2009 11:55:00 GMT

Like the previous day, stocks meandered through another choppy, range-bound session of trading yesterday, but morning strength[More...]

Oil ETFs: Time to Invest in Anticipation of a Rebound in Oil Price?

Tue, 13 Jan 2009 19:24:00 GMT

Original Post on The Sun's Financial Diary Oil ETFs: Time to Invest in Anticipation of a Rebound in Oil Price? Last week, I talked about CGM Focus Fund (CGMFX) and how the fund was hammered after oil prices plunged. Currently traded around $37 a barrel, crude oil prices have lost more than $100 since last July. Even though the OPEC has pledged deep cut in oil production, demands for oil were hampered as global economies entered recession. Today, the Commerce Department reported the[More...]

The Wagner Daily - November 14, 2008

Fri, 14 Nov 2008 13:53:00 GMT

It was a wild day on Wall Street yesterday, as the main stock market indexes swung in a massive intraday range of 11% before posting some of their best gains of the year. After a brief morning rally attempt failed, stocks began drifting lower at mid-day,[More...]

Oil To $50 … Or $150?

Wed, 29 Oct 2008 15:15:00 GMT

When people ask me if I think crude oil is going to $50 or $150, I nod sagely and say: "Yes, probably." I'm not being flip. I'm simply giving both the short-term and the long-term timeframes. Short-term, crude oil is probably heading lower, even though it's nearly 60% ...[More...]

You Can Still Profit In A Bear Market Like This

Thu, 23 Oct 2008 18:19:00 GMT

Thursday, October 16, 2008: Issue #567 by Martin Denholm, Managing Editor, Smart Profits Report A bear market might actually be the best thing that's happened to your portfolio. If you can't quite wrap your mind around that concept, just read on... "The type of man she hated... was the type she wanted." That's a ... [More...]

Tremendous Reversal Rally Off Key Support Lows

Thu, 16 Oct 2008 23:02:00 GMT

The indices formed what looked like inverse head and shoulder patterns, and then after a mid-afternoon consolidation exploded higher.[More...]

Dow Reverses 860 Points Higher In 40 Minutes, But Indices Still Close Slightly Lower

Sat, 11 Oct 2008 00:00:00 GMT

Another historical day and probably one of the most volatile days I've ever seen, including a late historical rally as well.[More...]

Sharp Sell-Off Ahead Of House Vote

Fri, 03 Oct 2008 00:40:00 GMT

The stock market indices had an extremely negative session, testing Monday's lows and taking them out nominally, closing below them on the Nasdaq 100 and just above them on the S&P 500.[More...]

ETF Screener: Pop, Pop Goes Oil And the Oil Goes Pop!

Thu, 02 Oct 2008 15:55:00 GMT

In the middle of all this bailout and will they or won’t they pass it hoopla, another bubble might have quietly popped: OIL. When oil was running rampant it was covered 24/7 by our concerned press. Today there is hardly a peep.During our weekly ETF Screener analysis, we noticed one oil related ETF chart after another displaying a major sell signal, the short-term moving averages crossing under the longer-term averages. We realize oil is down nearly $50 from its highs, but the stocks in these sectors are acting like they expect much lower prices to come. When a bubble pops, as we have seen twice this decade with tech and housing, things can get real ugly. It’s not ugly for oil yet.Aggressive investors looking to profit from a further deterioration in black gold’s price should invest in ProShares Short Oil & Gas (DDG) or for twice the fun ProShares Ultra[More...]

Not To Be Trusted, Dead Cat Bounce Tuesday

Tue, 30 Sep 2008 14:03:00 GMT

Yesterday was the worst day for the energy groups I can recall. I was also the point drop leader for the Dow, S&P 500 and I think the third worst day for the Nasdaq. A quick summary goes something like, assurances Sunday night that the two sides of the House of Representatives had come together (...)[More...]

Stull, Stull & Brody Files Class Action Lawsuit On Behalf of Investors in ProShares Ultra Oil & Gas Fund

Thu, 05 Nov 2009 05:08:00 GMT

The law firm of Stull, Stull & Brody announces that it has filed a class action complaint in the U.S. District Court for the Southern District of New York on behalf of all persons who purchased or otherwise acquired shares in the ProShares Ultra Oil & Gas Fund (the "DIG Fund") (NYSE: DIG), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information (collectively, the "Registration Statement") issued in connection with shares of the DIG Fund (the "Class").
In addition to the claims concerning ProShares DIG Fund, Stull, Stull & Brody is also investigating claims on behalf of investors in other ProShares leveraged funds (the "Funds") (see list below), such as whether ProShares failed to disclose in its registration statements: (i) that if shares of the Funds were held for a time period longer than one day, the likelihood of massive losses was huge; and (ii) the extent to which performance of the Funds would invariably diverge from the performance of the benchmark.
Fund Ticker Symbol UltraShort QQQ (NYSE: QID) UltraShort Dow30 (NYSE: DXD) UltraShort S&P500 (NYSE: SDS) UltraShort Russell3000 (NYSE: TWQ) UltraShort MidCap400 (NYSE: MZZ) UltraShort SmallCap600 (NYSE: SDD) UltraShort Russell2000 (NYSE: TWM) UltraPro Short S&P500 (NYSE: SPXU) UltraShort Russell1000 Value (NYSE: SJF) UltraShort Russell1000 Growth (NYSE: SFK) UltraShort Russell MidCap Value (NYSE: SJL) UltraShort Russell MidCap Growth (NYSE: SDK) UltraShort Russell2000 Value (NYSE: SJH) UltraShort Russell2000 Growth (NYSE: SKK) UltraShort Basic Materials (NYSE: SMN) UltraShort Consumer Goods (NYSE: SZK) UltraShort Consumer Services (NYSE: SCC) UltraShort Health Care (NYSE: RXD) UltraShort Industrials (NYSE: SIJ) UltraShort Oil & Gas (NYSE: DUG) UltraShort Semiconductors (NYSE: SSG) UltraShort Technology (NYSE: REW) UltraShort Telecommunications (NYSE: TLL) UltraShort Utilities (NYSE: SDP) UltraShort MSCI EAFE (NYSE: EFU) UltraShort MSCI Emerging Markets (NYSE: EEV) UltraShort MSCI Europe (NYSE: EPV) UltraShort MSCI Pacific ex-Japan (NYSE: JPX) UltraShort MSCI Brazil (NYSE: BZQ) UltraShort FTSE/Xinhua China 25 (NYSE: FXP) UltraShort MSCI Japan (NYSE: EWV) UltraShort MSCI Mexico Investable Market (NYSE: SMK) UltraShort 7-10 Year Treasury (NYSE: PST) UltraShort 20+ Year Treasury (NYSE: TBT) UltraShort DJ-UBS Commodity (NYSE: CMD) UltraShort DJ-UBS Crude Oil (NYSE: SCO) UltraShort Gold (NYSE: GLL) UltraShort Silver (NYSE: ZSL) UltraShort Euro (NYSE: EUO) UltraShort Yen (NYSE: YCS) Ultra QQQ (NYSE: QLD) Ultra Dow30 (NYSE: DDM) Ultra S&P500 (NYSE: SSO) Ultra Russell3000 (NYSE: UWC) Ultra MidCap400 (NYSE: MVV) Ultra SmallCap600 (NYSE: SAA) Ultra Russell2000 (NYSE: UWM) UltraPro S&P500 (NYSE: UPRO) Ultra Russell1000 Value (NYSE: UVG) Ultra Russell1000 Growth (NYSE: UKF) Ultra Russell MidCap Value (NYSE: UVU) Ultra Russell MidCap Growth (NYSE: UKW) Ultra Russell2000 Value (NYSE: UVT) Ultra Russell2000 Growth (NYSE: UKK) Ultra Basic Materials (NYSE: UYM) Ultra Consumer Goods (NYSE: UGE) Ultra Consumer Services (NYSE: UCC) Ultra Health Care (NYSE: RXL) Ultra Industrials (NYSE: UXI) Ultra Real Estate (NYSE: URE) Ultra Semiconductors (NYSE: USD) Ultra Technology (NYSE: ROM) Ultra Telecommunications (NYSE: LTL) Ultra Utilities (NYSE: UPW) Ultra DJ-UBS Commodity (NYSE: UCD) Ultra DJ-UBS Crude Oil (NYSE: UCO) Ultra Gold (NYSE: UGL) Ultra Silver (NYSE: AGQ) Ultra Euro (NYSE: ULE) Ultra Yen (NYSE: YCL) Ultra MSCI EAFE (NYSE: EFO) Ultra MSCI Emerging Markets (NYSE: EET) Ultra FTSE/Xinhua China 25 (NYSE: XPP) Ultra MSCI Japan (NYSE: EZJ)

[More...]

Stull, Stull & Brody Files Class Action Lawsuit On Behalf of Investors in ProShares UltraShort FTSE/Xinhua China 25 Proshares Fund

Wed, 04 Nov 2009 05:07:00 GMT

The law firm of Stull, Stull & Brody announces that it has filed a class action complaint in the U.S. District Court for the Southern District of New York on behalf of all persons who purchased or otherwise acquired shares in the UltraShort FTSE/Xinhua China 25 Proshares Fund (the "FXP Fund") (NYSEArca: FXP), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information (collectively, the "Registration Statement") issued in connection with shares of the FXP Fund (the "Class").
In addition to the claims concerning ProShares FXP Fund, Stull, Stull & Brody is also investigating claims on behalf of investors in other ProShares leveraged funds (the "Funds") (see list below), such as whether ProShares failed to disclose in its registration statements: (i) that if shares of the Funds were held for a time period longer than one day, the likelihood of massive losses was huge; and (ii) the extent to which performance of the Funds would invariably diverge from the performance of the benchmark.
Fund Ticker Symbol UltraShort QQQ (NYSE: QID) UltraShort Dow30 (NYSE: DXD) UltraShort S&P500 (NYSE: SDS) UltraShort Russell3000 (NYSE: TWQ) UltraShort MidCap400 (NYSE: MZZ) UltraShort SmallCap600 (NYSE: SDD) UltraShort Russell2000 (NYSE: TWM) UltraPro Short S&P500 (NYSE: SPXU) UltraShort Russell1000 Value (NYSE: SJF) UltraShort Russell1000 Growth (NYSE: SFK) UltraShort Russell MidCap Value (NYSE: SJL) UltraShort Russell MidCap Growth (NYSE: SDK) UltraShort Russell2000 Value (NYSE: SJH) UltraShort Russell2000 Growth (NYSE: SKK) UltraShort Basic Materials (NYSE: SMN) UltraShort Consumer Goods (NYSE: SZK) UltraShort Consumer Services (NYSE: SCC) UltraShort Health Care (NYSE: RXD) UltraShort Industrials (NYSE: SIJ) UltraShort Oil & Gas (NYSE: DUG) UltraShort Semiconductors (NYSE: SSG) UltraShort Technology (NYSE: REW) UltraShort Telecommunications (NYSE: TLL) UltraShort Utilities (NYSE: SDP) UltraShort MSCI EAFE (NYSE: EFU) UltraShort MSCI Emerging Markets (NYSE: EEV) UltraShort MSCI Europe (NYSE: EPV) UltraShort MSCI Pacific ex-Japan (NYSE: JPX) UltraShort MSCI Brazil (NYSE: BZQ) UltraShort FTSE/Xinhua China 25 (NYSE: FXP) UltraShort MSCI Japan (NYSE: EWV) UltraShort MSCI Mexico Investable Market (NYSE: SMK) UltraShort 7-10 Year Treasury (NYSE: PST) UltraShort 20+ Year Treasury (NYSE: TBT) UltraShort DJ-UBS Commodity (NYSE: CMD) UltraShort DJ-UBS Crude Oil (NYSE: SCO) UltraShort Gold (NYSE: GLL) UltraShort Silver (NYSE: ZSL) UltraShort Euro (NYSE: EUO) UltraShort Yen (NYSE: YCS) Ultra QQQ (NYSE: QLD) Ultra Dow30 (NYSE: DDM) Ultra S&P500 (NYSE: SSO) Ultra Russell3000 (NYSE: UWC) Ultra MidCap400 (NYSE: MVV) Ultra SmallCap600 (NYSE: SAA) Ultra Russell2000 (NYSE: UWM) UltraPro S&P500 (NYSE: UPRO) Ultra Russell1000 Value (NYSE: UVG) Ultra Russell1000 Growth (NYSE: UKF) Ultra Russell MidCap Value (NYSE: UVU) Ultra Russell MidCap Growth (NYSE: UKW) Ultra Russell2000 Value (NYSE: UVT) Ultra Russell2000 Growth (NYSE: UKK) Ultra Basic Materials (NYSE: UYM) Ultra Consumer Goods (NYSE: UGE) Ultra Consumer Services (NYSE: UCC) Ultra Health Care (NYSE: RXL) Ultra Industrials (NYSE: UXI) Ultra Oil & Gas (NYSE: DIG) Ultra Real Estate (NYSE: URE) Ultra Semiconductors (NYSE: USD) Ultra Technology (NYSE: ROM) Ultra Telecommunications (NYSE: LTL) Ultra Utilities (NYSE: UPW) Ultra DJ-UBS Commodity (NYSE: UCD) Ultra DJ-UBS Crude Oil (NYSE: UCO) Ultra Gold (NYSE: UGL) Ultra Silver (NYSE: AGQ) Ultra Euro (NYSE: ULE) Ultra Yen (NYSE: YCL) Ultra MSCI EAFE (NYSE: EFO) Ultra MSCI Emerging Markets (NYSE: EET) Ultra FTSE/Xinhua China 25 (NYSE: XPP) Ultra MSCI Japan (NYSE: EZJ)

[More...]

Stull, Stull & Brody Announces Class Action On Behalf of Investors in ProShares UltraShort Dow30 Fund

Sat, 31 Oct 2009 05:08:00 GMT

Notice is hereby given that a class action has been commenced on behalf of all persons who purchased or otherwise acquired shares in the UltraShort Dow30 Fund (the "DXD Fund") (NYSE: DXD), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information (collectively, the "Registration Statement") issued in connection with the DXD Fund (the "Class").
In addition to the action concerning the ProShares DXD Fund, Stull, Stull & Brody is currently investigating potential claims on behalf of investors in other ProShares leveraged funds (the "Funds") (listed below), including whether ProShares failed to disclose in its registration statements: (i) that if shares of the Funds were held for a time period longer than one day, the likelihood of massive losses was a near certainty; and (ii) the extent to which performance of the Funds would invariably diverge from the performance of the benchmark.
Fund Ticker Symbol UltraShort Oil and Gas Fund (NYSE: DUG) UltraShort QQQ (NYSE: QID) UltraShort Dow30 (NYSE: DXD) UltraShort S&P500 (NYSE: SDS) UltraShort Russell3000 (NYSE: TWQ) UltraShort MidCap400 (NYSE: MZZ) UltraShort SmallCap600 (NYSE: SDD) UltraShort Russell2000 (NYSE: TWM) UltraPro Short S&P500 (NYSE: SPXU) UltraShort Russell1000 Value (NYSE: SJF) UltraShort Russell1000 Growth (NYSE: SFK) UltraShort Russell MidCap Value (NYSE: SJL) UltraShort Russell MidCap Growth (NYSE: SDK) UltraShort Russell2000 Value (NYSE: SJH) UltraShort Russell2000 Growth (NYSE: SKK) UltraShort Basic Materials (NYSE: SMN) UltraShort Consumer Goods (NYSE: SZK) UltraShort Consumer Services (NYSE: SCC) UltraShort Health Care (NYSE: RXD) UltraShort Industrials (NYSE: SIJ) Ultra Financials Fund (NYSE: UYG) UltraShort Semiconductors (NYSE: SSG) UltraShort Technology (NYSE: REW) UltraShort Telecommunications (NYSE: TLL) UltraShort Utilities (NYSE: SDP) UltraShort MSCI EAFE (NYSE: EFU) UltraShort MSCI Emerging Markets (NYSE: EEV) UltraShort MSCI Europe (NYSE: EPV) UltraShort MSCI Pacific ex-Japan (NYSE: JPX) UltraShort MSCI Brazil (NYSE: BZQ) UltraShort FTSE/Xinhua China 25 (NYSE: FXP) UltraShort MSCI Japan (NYSE: EWV) UltraShort MSCI Mexico Investable Market (NYSE: SMK) UltraShort 7-10 Year Treasury (NYSE: PST) UltraShort 20+ Year Treasury (NYSE: TBT) UltraShort DJ-UBS Commodity (NYSE: CMD) UltraShort DJ-UBS Crude Oil (NYSE: SCO) UltraShort Gold (NYSE: GLL) UltraShort Silver (NYSE: ZSL) UltraShort Euro (NYSE: EUO) UltraShort Yen (NYSE: YCS) Ultra QQQ (NYSE: QLD) Ultra Dow30 (NYSE: DDM) Ultra S&P500 (NYSE: SSO) Ultra Russell3000 (NYSE: UWC) Ultra MidCap400 (NYSE: MVV) Ultra SmallCap600 (NYSE: SAA) Ultra Russell2000 (NYSE: UWM) UltraPro S&P500 (NYSE: UPRO) Ultra Russell1000 Value (NYSE: UVG) Ultra Russell1000 Growth (NYSE: UKF) Ultra Russell MidCap Value (NYSE: UVU) Ultra Russell MidCap Growth (NYSE: UKW) Ultra Russell2000 Value (NYSE: UVT) Ultra Russell2000 Growth (NYSE: UKK) Ultra Basic Materials (NYSE: UYM) Ultra Consumer Goods (NYSE: UGE) Ultra Consumer Services (NYSE: UCC) Ultra Health Care (NYSE: RXL) Ultra Industrials (NYSE: UXI) Ultra Oil & Gas (NYSE: DIG) Ultra Real Estate (NYSE: URE) Ultra Semiconductors (NYSE: USD) Ultra Technology (NYSE: ROM) Ultra Telecommunications (NYSE: LTL) Ultra Utilities (NYSE: UPW) Ultra DJ-UBS Commodity (NYSE: UCD) Ultra DJ-UBS Crude Oil (NYSE: UCO) Ultra Gold (NYSE: UGL) Ultra Silver (NYSE: AGQ) Ultra Euro (NYSE: ULE) Ultra Yen (NYSE: YCL) Ultra MSCI EAFE (NYSE: EFO) Ultra MSCI Emerging Markets (NYSE: EET) Ultra FTSE/Xinhua China 25 (NYSE: XPP) Ultra MSCI Japan (NYSE: EZJ)

[More...]

Stull, Stull & Brody Files Class Action Lawsuit On Behalf of Investors in ProShares UltraShort Oil and Gas Fund

Fri, 23 Oct 2009 22:03:00 GMT

The law firm of Stull, Stull & Brody announced that it has filed a class action complaint in the U.S. District Court for the Southern District of New York on behalf of all persons who purchased or otherwise acquired shares in the UltraShort Oil and Gas Fund (the "DUG Fund") (NYSE: DUG), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information (collectively, the "Registration Statement") issued in connection with shares of the UYG Fund (the "Class").
In addition to the action concerning the ProShares DUG Fund, Stull, Stull & Brody is currently investigating potential claims on behalf of investors in other ProShares leveraged funds (the "Funds") (listed below), such as whether ProShares failed to disclose in its registration statements: (i) that if shares of the Funds were held for a time period longer than one day, the likelihood of massive losses was huge; and (ii) the extent to which performance of the Funds would invariably diverge from the performance of the benchmark.
Fund Ticker Symbol UltraShort QQQ (NYSE: QID) UltraShort Dow30 (NYSE: DXD) UltraShort S&P500 (NYSE: SDS) UltraShort Russell3000 (NYSE: TWQ) UltraShort MidCap400 (NYSE: MZZ) UltraShort SmallCap600 (NYSE: SDD) UltraShort Russell2000 (NYSE: TWM) UltraPro Short S&P500 (NYSE: SPXU) UltraShort Russell1000 Value (NYSE: SJF) UltraShort Russell1000 Growth (NYSE: SFK) UltraShort Russell MidCap Value (NYSE: SJL) UltraShort Russell MidCap Growth (NYSE: SDK) UltraShort Russell2000 Value (NYSE: SJH) UltraShort Russell2000 Growth (NYSE: SKK) UltraShort Basic Materials (NYSE: SMN) UltraShort Consumer Goods (NYSE: SZK) UltraShort Consumer Services (NYSE: SCC) UltraShort Health Care (NYSE: RXD) UltraShort Industrials (NYSE: SIJ) Ultra Financials Fund (NYSE: UYG) UltraShort Semiconductors (NYSE: SSG) UltraShort Technology (NYSE: REW) UltraShort Telecommunications (NYSE: TLL) UltraShort Utilities (NYSE: SDP) UltraShort MSCI EAFE (NYSE: EFU) UltraShort MSCI Emerging Markets (NYSE: EEV) UltraShort MSCI Europe (NYSE: EPV) UltraShort MSCI Pacific ex-Japan (NYSE: JPX) UltraShort MSCI Brazil (NYSE: BZQ) UltraShort FTSE/Xinhua China 25 (NYSE: FXP) UltraShort MSCI Japan (NYSE: EWV) UltraShort MSCI Mexico Investable Market (NYSE: SMK) UltraShort 7-10 Year Treasury (NYSE: PST) UltraShort 20+ Year Treasury (NYSE: TBT) UltraShort DJ-UBS Commodity (NYSE: CMD) UltraShort DJ-UBS Crude Oil (NYSE: SCO) UltraShort Gold (NYSE: GLL) UltraShort Silver (NYSE: ZSL) UltraShort Euro (NYSE: EUO) UltraShort Yen (NYSE: YCS) Ultra QQQ (NYSE: QLD) Ultra Dow30 (NYSE: DDM) Ultra S&P500 (NYSE: SSO) Ultra Russell3000 (NYSE: UWC) Ultra MidCap400 (NYSE: MVV) Ultra SmallCap600 (NYSE: SAA) Ultra Russell2000 (NYSE: UWM) UltraPro S&P500 (NYSE: UPRO) Ultra Russell1000 Value (NYSE: UVG) Ultra Russell1000 Growth (NYSE: UKF) Ultra Russell MidCap Value (NYSE: UVU) Ultra Russell MidCap Growth (NYSE: UKW) Ultra Russell2000 Value (NYSE: UVT) Ultra Russell2000 Growth (NYSE: UKK) Ultra Basic Materials (NYSE: UYM) Ultra Consumer Goods (NYSE: UGE) Ultra Consumer Services (NYSE: UCC) Ultra Health Care (NYSE: RXL) Ultra Industrials (NYSE: UXI) Ultra Oil & Gas (NYSE: DIG) Ultra Real Estate (NYSE: URE) Ultra Semiconductors (NYSE: USD) Ultra Technology (NYSE: ROM) Ultra Telecommunications (NYSE: LTL) Ultra Utilities (NYSE: UPW) Ultra DJ-UBS Commodity (NYSE: UCD) Ultra DJ-UBS Crude Oil (NYSE: UCO) Ultra Gold (NYSE: UGL) Ultra Silver (NYSE: AGQ) Ultra Euro (NYSE: ULE) Ultra Yen (NYSE: YCL) Ultra MSCI EAFE (NYSE: EFO) Ultra MSCI Emerging Markets (NYSE: EET) Ultra FTSE/Xinhua China 25 (NYSE: XPP) Ultra MSCI Japan (NYSE: EZJ)

[More...]

Stull, Stull & Brody Announces Class Action On Behalf of Investors in ProShares Ultra Financials Fund

Fri, 16 Oct 2009 21:07:00 GMT

Notice is hereby given that a class action has been commenced on behalf of all persons who purchased or otherwise acquired shares in the Ultra Financials Fund (the "UYG Fund") (NYSE: UYG), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information (collectively, the "Registration Statement") issued in connection with shares of the UYG Fund (the "Class").
In addition to investigating claims concerning ProShares UYG Fund, Stull, Stull & Brody is also investigating claims on behalf of investors in ProShares leveraged funds (the "Funds") (see list below), such as whether ProShares failed to disclose in its registration statements: (i) that if shares of the Funds were held for a time period longer than one day, the likelihood of massive losses was huge; and (ii) the extent to which performance of the Funds would invariably diverge from the performance of the benchmark.
Fund Ticker Symbol UltraShort QQQ (NYSE: QID) UltraShort Dow30 (NYSE: DXD) UltraShort S&P500 (NYSE: SDS) UltraShort Russell3000 (NYSE: TWQ) UltraShort MidCap400 (NYSE: MZZ) UltraShort SmallCap600 (NYSE: SDD) UltraShort Russell2000 (NYSE: TWM) UltraPro Short S&P500 (NYSE: SPXU) UltraShort Russell1000 Value (NYSE: SJF) UltraShort Russell1000 Growth (NYSE: SFK) UltraShort Russell MidCap Value (NYSE: SJL) UltraShort Russell MidCap Growth (NYSE: SDK) UltraShort Russell2000 Value (NYSE: SJH) UltraShort Russell2000 Growth (NYSE: SKK) UltraShort Real Estate ProShares Fund (NYSE: SRS) UltraShort Basic Materials (NYSE: SMN) UltraShort Consumer Goods (NYSE: SZK) UltraShort Consumer Services (NYSE: SCC) UltraShort Financials (NYSE: SKF) UltraShort Health Care (NYSE: RXD) UltraShort Industrials (NYSE: SIJ) UltraShort Oil & Gas (NYSE: DUG) UltraShort Real Estate (NYSE: SRS) UltraShort Semiconductors (NYSE: SSG) UltraShort Technology (NYSE: REW) UltraShort Telecommunications (NYSE: TLL) UltraShort Utilities (NYSE: SDP) UltraShort MSCI EAFE (NYSE: EFU) UltraShort MSCI Emerging Markets (NYSE: EEV) UltraShort MSCI Europe (NYSE: EPV) UltraShort MSCI Pacific ex-Japan (NYSE: JPX) UltraShort MSCI Brazil (NYSE: BZQ) UltraShort FTSE/Xinhua China 25 (NYSE: FXP) UltraShort MSCI Japan (NYSE: EWV) UltraShort MSCI Mexico Investable Market (NYSE: SMK) UltraShort 7-10 Year Treasury (NYSE: PST) UltraShort 20+ Year Treasury (NYSE: TBT) UltraShort DJ-UBS Commodity (NYSE: CMD) UltraShort DJ-UBS Crude Oil (NYSE: SCO) UltraShort Gold (NYSE: GLL) UltraShort Silver (NYSE: ZSL) UltraShort Euro (NYSE: EUO) UltraShort Yen (NYSE: YCS) Ultra QQQ (NYSE: QLD) Ultra Dow30 (NYSE: DDM) Ultra S&P500 (NYSE: SSO) Ultra Russell3000 (NYSE: UWC) Ultra MidCap400 (NYSE: MVV) Ultra SmallCap600 (NYSE: SAA) Ultra Russell2000 (NYSE: UWM) UltraPro S&P500 (NYSE: UPRO) Ultra Russell1000 Value (NYSE: UVG) Ultra Russell1000 Growth (NYSE: UKF) Ultra Russell MidCap Value (NYSE: UVU) Ultra Russell MidCap Growth (NYSE: UKW) Ultra Russell2000 Value (NYSE: UVT) Ultra Russell2000 Growth (NYSE: UKK) Ultra Basic Materials (NYSE: UYM) Ultra Consumer Goods (NYSE: UGE) Ultra Consumer Services (NYSE: UCC) Ultra Health Care (NYSE: RXL) Ultra Industrials (NYSE: UXI) Ultra Oil & Gas (NYSE: DIG) Ultra Real Estate (NYSE: URE) Ultra Semiconductors (NYSE: USD) Ultra Technology (NYSE: ROM) Ultra Telecommunications (NYSE: LTL) Ultra Utilities (NYSE: UPW) Ultra DJ-UBS Commodity (NYSE: UCD) Ultra DJ-UBS Crude Oil (NYSE: UCO) Ultra Gold (NYSE: UGL) Ultra Silver (NYSE: AGQ) Ultra Euro (NYSE: ULE) Ultra Yen (NYSE: YCL) Ultra MSCI EAFE (NYSE: EFO) Ultra MSCI Emerging Markets (NYSE: EET) Ultra FTSE/Xinhua China 25 (NYSE: XPP) Ultra MSCI Japan (NYSE: EZJ)

[More...]

Shalov Stone Bonner &Amp; Rocco LLP Announces Class Action Against ProShares' UltraShort Oil and Gas Fund - DUG

Wed, 30 Sep 2009 22:47:00 GMT

Shalov Stone Bonner & Rocco LLP announces that a class action lawsuit has been filed on behalf of persons who purchased or otherwise acquired shares in the UltraShort Oil and Gas fund (the "DUG Fund") (NYSE: DUG), an exchange-traded fund offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' Registration Statement, Prospectuses, and Statement of Additional Information (collectively, the "Registration Statement") issued in connection with the DUG Fund's shares.
Investors who purchased shares of DUG Fund may have suffered losses that may be compensable under the law.
Shalov Stone Bonner & Rocco LLP has extensive experience in the prosecution of lawsuits on behalf of investors.

[More...]

ProShares UltraShort Oil and Gas Fund (Symbol: DUG) Class Action Filed By Bernstein Liebhard LLP

Wed, 30 Sep 2009 19:47:00 GMT

Bernstein Liebhard LLP filed a class action lawsuit on September 30, 2009 in the United States District Court for the Southern District of New York, on behalf of all persons who purchased or otherwise acquired shares in the UltraShort Oil and Gas fund (the "DUG Fund") (NYSE: DUG), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information (collectively, the "Registration Statement") issued in connection with shares of the DUG Fund (the "Class").
ProShares sells its Ultra and UltraShort ETFs as "simple" directional plays.
However, the DUG Fund fell approximately 30 percent during this period.

[More...]

Gilman and Pastor LLP Announces That 6 Days Remain for Investors to File Certifications to Serve As Lead Plaintiff in the ProShares UltraShort Real Estate Fund (SRS)

Tue, 29 Sep 2009 15:08:00 GMT

Gilman and Pastor LLP filed a class action lawsuit on September 21, 2009 in the United States District Court for the District of Maryland, on behalf of Plaintiffs and all persons who purchased or otherwise acquired shares in the following ProShares Funds: UltraShort Real Estate Fund (AMEX: SRS); UltraShort Financials (AMEX: SKF); UltraShort Oil and Gas (AMEX: DUG); Ultra Financials (AMEX: UYG); UltraShort S&P 500 (AMEX: SDS); UltraShort Emerging Markets (AMEX: EEV); UltraShort FTSE/Xinhua (AMEX: FXP); UltraShort DJ - AIG - Crude Oil (AMEX: SCO) (collectively hereinafter referred to as the "ProShares Funds").
The ProShares Funds are exchange-traded funds ("ETF") offered by ProShares Trust ("ProShares") and Plaintiffs and class members were damaged pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information.
If you have lost in excess of $200,000 in any of the ProShares Funds and would like to consider serving as lead plaintiff or have any questions about the lawsuit, please contact Kenneth G. Gilman, Esq. of Gilman and Pastor, at (888) 252-0048, or via email at info@gilmanpastor.com.

[More...]

Gilman and Pastor LLP Files Class Action Lawsuit on Behalf of Purchasers of Multiple ProShares Ultra and UltraShort Funds

Wed, 23 Sep 2009 15:07:00 GMT

UltraShort Real Estate Fund (AMEX: SRS)
The ProShares Funds are exchange-traded funds ("ETF") offered by ProShares Trust ("ProShares") and Plaintiffs and class members were damaged pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information (collectively, the "Registration Statement").
The Plaintiffs seek a Class and Subclasses for each of the Funds purchased by the Plaintiff.

[More...]

ProShares Launches First and Only Short and Leveraged ETFs for the Russell 3000®

Thu, 02 Jul 2009 13:59:00 GMT

ProFunds Group, the world’s largest manager of short and leveraged funds1, announced today that it is launching the first ETFs built to provide short and leveraged exposure to the Russell 3000® Index. ProShares Ultra Russell3000 (UWC) is built to produce 200% of the performance of the Russell 3000 Index for a single day, while ProShares UltraShort Russell3000 (TWQ) is built to produce 200% of the inverse performance of the Russell 3000 Index for a single day.[More...]