Hey mooers,
Inflation is still hot, but July's CPI may not tell the whole story for investors. Did anyone catch a ride of the rocketing inflation? Let's find out here. Don't panic, and we're going to get through this!
Monthly Buzz
Did you read the breaking news about the stocks in which you invest? Is there any company on the list that you didn't follow? Check out the buzzing stocks you may have missed out on!
Buzzing Stocks List
July Picks
@iamiam
Stop trying to calm the storm...

$UP Fintech (TIGR.US)$ Look at Futu, then look at Tiger, this is a sick cat 😩

$UP Fintech (TIGR.US)$
Depressed old uncle? kick Tiger Monday? 🥺🥺

Hey mooers
Happy Friday! Weekly Sectors Fund Flow Board is here~
From this chart, you will be able to find out what sector ETFs have most fund inflow. Fund inflow is often considered as a bullish sign of the sector and related ETFs!
^Weekly Sectors Fund Flow Board: a sector ranking based on sector ETFs aggregate 3-month fund flows.
^3-month fund flows: a metric that can be used to gaugethe perceived popularity amongst investors of different sectors.
^The board includes the following information: change of rankings, 3-month fund flows, how many ETFs are in the sectors, and the related ETFs.
For this week, I covered the top two sector-realted ETFs with the highest total assets! Now, let's take a look at the board~You may find something to diversify your porfolio
* Follow me to know what is hot on the market
Sectors Update in Premarket on Friday :
*Tech
Technology stocks were declining as the $The Technology Select Sector SPDR® Fund (XLK.US)$ dropped 1.3% and the $iShares Semiconductor ETF (SOXX.US)$ was off by 1.2%.
$Bottomline Technologies (EPAY.US)$ advanced more than 15% after it agreed to be bought by software investment firm Thoma Bravo for $2.6 billion in an all-cash go-private deal.
*Financial
Financial stocks were retreating as the $Financial Select Sector SPDR Fund (XLF.US)$ was 0.3% lower in recent trading.
The $Direxion Daily Financial Bull 3X Shares ETF (FAS.US)$ declined 1% and its bearish counterpart $Direxion Daily Financial Bear 3X Shares ETF (FAZ.US)$ were up 1.5%.
*Consumer
Consumer stocks were mixed ahead of the opening bell on Friday as the $Consumer Staples Select Sector SPDR Fund (XLP.US)$ was 0.2% higher while the $Consumer Discretionary Select Sector SPDR Fund (XLY.US)$ was recently down 0.8%.
$Rivian Automotive (RIVN.US)$ dropped 8% after the electric automaker posted a wider loss in its most recent reporting quarter. The company also unveiled plans to invest $5 billion on a second production facility in Georgia.
*Energy
Energy stocks were declining premarket Friday as the $Energy Select Sector SPDR Fund (XLE.US)$ dipped 0.6%.
The $United States Oil Fund LP (USO.US)$ was off 0.8% and the $United States Natural Gas (UNG.US)$ dropped 1.5%.
Source: MT Newswires

$Tesla (TSLA.US)$ Got up.

$Ho Bee Land (H13.SG)$  is starting to see volume and price is slowly moving up.

$Invesco QQQ Trust (QQQ.US)$ $S&P 500 Index (.SPX.US)$ Thoughts?
“Reported inflation is understated. Owners’ Equivalent Rent (OER) relies on owner surveys to estimate inflation in housing costs. This is an extremely imprecise metric. The single family rental market provides more accurate data. OER in today’s reported core CPI was 3.5% YoY.
The largest owners of nationwide single family rentals are reporting 17% YoY rent increases. OER is 30% of the Core CPI calculation and 24% of reported CPI. Using the more empirical measure in the calculation increases today’s Core CPI from 4.9% to 9.0% and CPI from 6.8% to 10.1%
Housing inflation is unlikely to abate based on supply and demand trends. The inflation that households are actually experiencing is raging and well in excess of reported gov’t statistics.”