After months of pain in 2022, investors finally got a reprieve since July 1st. The S&P 500 has been up nearly 10% till now.
Whether or not this just turns out to be a temporary bear market rally remains to be seen.
After all, we can see inflation is still roaring, and interest rates are starting to stifle growth and manufacturing. The US economy just experienced its 2nd straight quarter of negative GDP growth.
ETF strategies for chasin...

Pessimism among individual investors about the short-term direction of the stock market continued to decline, falling to a seven-week low in the latest AAII Sentiment Survey. At the same time, optimism extended its rebound into a second week by rising to a seven-week high.
Sentiment
Bullish sentiment
- Expectations that stock prices will rise over the next six months, rose 2.7 percentage points to 29.6%.
- The increase puts opti...

Warren Buffett can't seem to get enough of $Occidental Petroleum(OXY.US)$ stock.
He bought shares several times this week,according to a regulatory filing released late Wednesday.
The transactions bring Berkshire's total stake in Occidental to 18.7%. Berkshire is by far Occidental's largest shareholder.
Why Buffett takes more OXY shares?
The moves have been a boon to Berkshire.
Against the backdrop of soaring commodity prices, Occidental has benefited from th...

US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy.
WSJ previewed Tuesday's Federal Reserve policy decision on Monday, strongly suggesting that a 75 basis point rate hike was on the table, which sent Wall Street scrambling into the evening hours to recalibrate rate expectations. Market participants had previously generally assumed that a 50 basis...