Daily Market Comments(20210628)-Coin
- COIN rose with the good news that competitor Biance was banned in U.K and many other countries.
- NASDAQ closed at all time high.
- FB reached 1 Trillion for the first time.
Winners and Losers (in my watching list): TSP+15.97%, COIN+9.86%, RIOT+9.74%, AMC+7.49%,RBLX+6.94; BEKE-5.26%, UAL-2.58%, PDD-2.11%, SPCE-1.91%.
Bond Market: 10Y dipped to 1.478 and 30Y to 2.1
Equity Market: NASDAQ closing at 14500.51, +0.98%; DJI 34283.27, -0.44%; S&P500 4290.61, +0.23%.
Econ Calendar: Some Fed officers spoke on different topics.
Big News: Miami condo collapse tragedy raised other critical questions. A Fed Judge dismissed anti trust law suite to FB, which rose 4% after the announcement.
Guess On Next Move: If the inflation concern was addressed, embrace the uprising. But who knows?