ProShares UltraPro Short QQQ ETF (SQQQ)

[tw0122]

Bull rally bearish market some TQQQ Medicine in order yesterday.
Meanwhile…Big Lots stock plunges after swinging to surprise loss and sales miss, and as gross margin contracted
Published: May 27, 2022 at 6:14 a.m. ET

Toyota cuts June output plan again, to 800,000 vehicles

SPACs Are Warning They May Go Bust
More than two dozen companies say they may not survive much longer

Alibaba, Tencent and JD.com all just posted their slowest revenue growth on record
PUBLISHED FRI, MAY 27 20224:15 AM


Homebuyer affordability decreased in April, with the national median payment applied for by applicants rising 8.8 percent to $1,889 from $1,736 in March. This is according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).

Utility companies nationwide warning consumers that most utilities will be adjusting their prices for electricity generation as high as 45 percent.

On June 1, customers will see “sharp increases” in their electric bills

Housing Bubble Getting Ready to Pop: Unsold Inventory of New Houses Spikes by Most Ever, to Highest since 2008, with 9 Months’ Supply, Sales Collapse at Prices below $400k
by Wolf Richter • May 24, 2022 • 306 Comments
Stocks of homebuilders swoon amid worst inflation in construction costs, shortages, and spiking mortgage rates that take buyers out of the market.

Out of touch as ever, President Biden celebrated record-high gas prices Monday, gushing that the pump pain was part of “an incredible transition” of the US economy away from fossil fuels. 
“[When] it comes to the gas prices, we’re going through an incredible transition that is taking place that, God willing, when it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels when this is over,” Biden said during a press conference in Japan following his meeting with Prime Minister Fumio Kishida.