Daily Market Comments(20220110)-Rebounding
- NASDAQ rebounded somehow after dropping for almost 2.8%, retracing all the loss while DJI and SP500 droped around 0.5%.
- Shanghai Index rose a little but still below 3600 critical level.
- Take-Two interactive agreed to buy Zynga for 12.7 billion in cash and stock.
Winners and Losers (in my watching list):BILI+6.37%, DWAC+3.58%, TSLA+3.03%; SEV-7.28%, GME-6.73%, TSP-6.54%.
Bond Market: 2Y to 0.898, +3.2BPs; 10Y to 1.766, +0.2BPs, and 30Y to 2.093, -2.7BPs. 30s2s to 1.195, -5.9BPs. TIPS recorded -0.764%.
Equity Market: NASDAQ closing at 14942.83, +0.05%; DJI 36068.87, -0.45%; S&P500 4670.29, -0.14%.
Econ Calendar: Nothing big.
Big News: Demicron is said to be found in Cyprus, and this time it’s real.
Guess On Next Move:Rebound!
What Big Names Saying: