Turtle Wax red rubbing compound, then Turtle Wax white polishing compound and then any one of half a dozen waxes I have on hand is the way I do it. I have no brand loyalty. They're all good. If one company came out with something better than the rest, the rest would soon copy their formula.
Rubbing/polishing compound can also be used to remove orange peel and other imperfections in a fresh paint job.