ProShares UltraShort 20+ Year Treasury (TBT)

TBT (n.a.:Financial Services) ETF
$36.27
pos +0.81
+2.30%
Today's Range: 35.76 - 36.30 | TBT Avg Daily Volume: 1,696,700
Last Update: 02/12/16 - 11:00 AM EST
Volume: 905,739
YTD Performance: 0.00%
Open: $36.02
Previous Close: $35.46
52 Week Range: $34.62 - $52.25
Oustanding Shares: 55,156,929
Market Cap: 1,982,891,598
6-Month Chart
TheStreet Ratings Grade for TBT
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 0 0 0 0
Moderate Buy 1 1 1 1
Hold 0 0 0 0
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.00 2.00 2.00 2.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 0.00
Price Earnings Comparisons:
TBT Sector Avg. S&P 500
0.00 0.00 27.18
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
0.00% 0.00% 0.00%
GROWTH 12 Mo 3 Yr CAGR
Revenue 0.00 0.00 0.00
Net Income 0.00 0.00 0.00
EPS 0.00 0.00 0.00
Earnings for TBT:
EBITDA 0.00B
Revenue 0.00B
Average Earnings Estimates

Earnings Estimates data is not available for TBT.

Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
By

Doug Kass

 | Feb 12, 2016 | 9:02 AM EST
Financials and small-caps have broken down, but look oversold. Personally, I'm buying banks and the small-cap iShares Russell 2000 ETF (IWM). The market's former leaders (biotech, Internet, health-care and consumer-discretionary stocks) all seem to be in an initial leg down, but look like they're oversold and could have a weak bounce, with a test to come later. That could represent an important intermediate-term leadership change. A weaker U.S. dollar and a deep-oversold condition have helped most commodity-related stocks and sectors. They've had good rallies and could have a bit of a retracement, but probably a successful test. We're seeing classic signs of a flight to safety. These include higher Treasury and gold prices, a run from U.S. and European bank stocks, a continued widening in junk-bond spreads, a tentative Federal Reserve and fears of an "Ah Ha Moment" for central banks.  An emerging crisis or a final capitulation are the big issues to look out for. I expect the latter, so I'm adding to my net exposure. My "Short Trade of the Week" this week has been to short the iShares 20+ Year Treasury Bond ETF (TLT) and buy the ProShares UltraShort 20+ Year Treasury (TBT). All told, I think it's entirely possible that we get another selling climax, although we're already well into an intermediate-oversold condition. So, I favor the notion that the S&P 500 has made (or will make) a successful test of 1,812. The Bottom Line "Disasters have a way of not happening." -- Byron Wien I currently prefer the contrary view (buy) to the consensus view (sell). I also like second-level thinking rather than the orthodoxy and generally accepted fear factors permeating the markets right now. It rarely pays to be fearful when so many around you are fearful, too. That's why I've expanded my net long exposure into the market's recent weakness. To paraphrase Wally Deemer: No one wants to buy right now, so a good turn might be at hand. To me, the market's current downturn looks like it's getting extreme enough to increase the chance that a mean reversion higher isn't far away. Something's due to change -- and next week might be crucial to resolving it.
By

Bob Byrne

 | Feb 12, 2016 | 7:00 AM EST

Lots of opportunities Thursday, but they were largely inconsequential.

By

Doug Kass

 | Feb 11, 2016 | 8:34 AM EST
The 10-year U.S. Treasury yield has dropped 13 basis points to 1.56% this morning in a flight to safety, while the long bond has shed 11 points to 2.40%.
By

Bob Byrne

 | Feb 11, 2016 | 7:00 AM EST

Different time frames have the same result.

By

Mike Norman

 | Feb 5, 2016 | 2:00 PM EST

It won't be long before the expectation for more Fed rate hikes comes back into the markets.

By

Skip Raschke

 | Jan 8, 2016 | 9:10 AM EST

A long-side trade is one of very high risk regardless of what the Fed might want to do.

By

Skip Raschke

 | Jan 4, 2016 | 7:00 AM EST

Five investments I like (and five I don't) for the new year.

By

Mike Norman

 | Dec 24, 2015 | 10:00 AM EST

The Dow will hit 20,000 in the first half of 2016.

By

Skip Raschke

 | Nov 6, 2015 | 11:07 AM EST

This ETF will be a stud for years, and we'll lock in little gains often, just like right now.

By

Doug Kass

 | Nov 5, 2015 | 12:34 PM EST
Here's another excellent and well-articulated post from subscriber Kim G that mirrors some of my previous commentary and talking points:

Apparently, Swedbank (SWDBY)...

Bio techs reverse back lower.

All 12 stocks in the basket are higher today.

We have followed Jamie Dimon for at least 15 years, and attended countless conference call...

REAL MONEY PRO'S BEST IDEAS

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