2022 Half-Year Recap — Hot Sectors
The first half of 2022 is full of changes. The stock market swung wildly following the pandemic, the Russia-Ukraine conflict, and the Fed's interest hike and balance sheet reduction. On June 13, the S&P 500 index fell by 3.88% to 3,749.63, indicating US stocks entered a bear market.
Top Rising & Declining Sectors
The Biggest Gainer (2022 YTD): Thermal Coal
Top Rising & Declining Sectors
The thermal coal sector rose by 70% year-to-date, outperforming the market. The Russia-Ukraine conflict exacerbated the energy squeeze. The demand for thermal coal, a substitute for oil and gas, surged, driving the international coal price up.
![Data as of June 29, 2022](https://ussnsimg.moomoo.com/moo-1656498796-77777000-iPhone-1-org.jpg/bigmoo)
The world energy market is experiencing enormous uncertainty due to the tension between Russia and Ukraine. WTI crude oil once broke through the $130 barrier. Goldman Sachs warned about the imminent supercycle of oil prices. Buffett boosted his positions in "Occidental Petroleum" and made huge profits.
![Data as of June 29, 2022](https://ussnsimg.moomoo.com/moo-1656498800-77777000-iPhone-2-org.jpg/bigmoo)
The software sector tumbled from 2,496 in January to 1,330, a drop of 46.54%. After the Fed raised interest rates and shrunk the balance sheet, technology stocks led by FAANG fell into a tailspin. The $Nasdaq Composite Index(.IXIC.US$ declined by over 29% year-to-date, marking a technology bear market.
![Data as of June 29, 2022](https://ussnsimg.moomoo.com/moo-1656498804-77777000-iPhone-3-org.jpg/bigmoo)
Potential home buyers started to wait and see as the US mortgage rates jumped in the interest rate hike cycle and house prices climbed consequent upon record-high inflation. Considering the pandemic and other uncertainties, investors are still cautious about the offline entertainment industry and the gaming industry.
![Data as of June 29, 2022](https://ussnsimg.moomoo.com/moo-1656498807-77777000-iPhone-4-org.jpg/bigmoo)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Milk The Cow : Yes for the paper portfolio but No for the real portfolio
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whqqq : Investors are still cautious about the offline entertainment industry and the gaming industry? Can anyone tell me why![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
SpyderCall whqqq: they get hit especially hard in recession. and there are still countries with slight travel restrictions from covid. like quarantine periods
lightfoot : waiting for bottom. make much money. Buying today. GOGL, Two PBU. PBR. yes
CraCra665 : now is the best time for ppl to invest. or further their positions. I know I keep buyin in pulses. an tryin to see how good my positions can get. the market will bounce. it's just the question of when. an how much.
2F KILL CHEATERS : I never made any profit in trading; although, I have about 20 years of experience. I read on the internet they said that about 97% to 99% lose money in Stock Market. If you all losing why keep trading?
It is like a casino, if you do not like from the honest real Pro from A to Z and have at least $50000 then better quit. I had been Bankruptcy 3 times ![sweat 😓](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f613.png)