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 by3.88%to3,749.63, indicating US stocks entered a bear market.
Top Rising & Declining Sectors The Biggest Gainer (2022 YTD):Thermal Coal
The thermal coal sector rose by70%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
Top Rising Sectors (2022 YTD):Energy-Related Sectors Took Off The world energy market is experiencing enormous uncertainty due to the tension between Russia and Ukraine.WTI crude oilonce broke through the$130barrier. Goldman Sachs warned about the imminent supercycle of oil prices. Buffett boosted his positions in"Occidental Petroleum"and made huge profits.
Data as of June 29, 2022
The Biggest Decliner (2022 YTD):Software Sector The software sector tumbled from 2,496 in January to 1,330, a drop of46.54%. After the Fed raised interest rates and shrunk the balance sheet, technology stocks led by FAANG fell into a tailspin. The$Nasdaq Composite Index (.IXIC.US)$declined by over29%year-to-date, marking a technology bear market.
Data as of June 29, 2022
Significant Decliners (2022 YTD):Real Estate, Entertainment, Gaming, and Health Information Services 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
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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SpyderCall
whqqq
:
they get hit especially hard in recession. and there are still countries with slight travel restrictions from covid. like quarantine periods
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.
Tao Lao Zoa
:
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
Milk The Cow : Yes for the paper portfolio but No for the real portfolio ...
whqqq : Investors are still cautious about the offline entertainment industry and the gaming industry? Can anyone tell me why
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.
Tao Lao Zoa : 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