Daily Market Comments(20210707)-Turning Point

Atlanta Fed President Raphael Bostic, BLOOMBERG

• Stock indexes ended in green zone after a bumpy morning session.
• China issued some restrictions on companies listing on oversea markets.
• FOMC minutes showed more participants expecting earlier tapering.

Winners and Losers (in my watching list): SNOW+4.06%, AAPL+1.80%, UVXY+0.43%; TSP-12.56%, AMC-9.79%, LMND-7.61%.

Bond Market: 10Y dipped to 1.319 and 30Y to 1.940

Equity Market: NASDAQ closing at 14665.06, +0.01%; DJI 34681.79, +0.30%; S&P500 4358.13, +0.34%.

Econ Calendar: New job openings 9.2M, less than the forecast of 9.3M; FOMC minutes for June meeting released, more officers expecting earlier tapering. Jobless claims will be released tomorrow.

Big News: Trump sues Google, FB and other big tech for censorship.

Guess On Next Move: FED minutes showed that the tapering will be sooner, what else could be better trigger for correction or even reversing to bear?