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Nasdaq Market Update 2022-04-13

360MiQ 0

Nasdaq 100 largely rose 2% (+277 pts) after a 3-day losing streak, closed at 14217 points.

Among the 150 largest-cap stocks, 137 (91%) closed higher. 76% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.5% to 3.4%. 5 sectors outperformed the market. The market was up 2%; Consumer Cyclical was up 3.4%, the best performer, reflecting a more aggressive market sentiment; Utilities was up 0.5%, but already the worst performer.

● Synopsys (SNPS) fell -1.4% (-$4.22), closed at $306.61, crossed below MA50 ($310.61). The largest increase in volume.
360miq.com/stockinfo?code=SNPS

● Splunk (SPLK) largely rebounded 8.6% (+$11.25), closed at $141.76, the best % gain in nearly 2 months, crossed above MA20 and MA200 ($138.63, $136.18). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=SPLK

● Zscaler (ZS) spiked 8.2% (+$18.18) after a 3-day losing streak, closed at $241.18, the best % gain in more than 1 month, crossed above MA20 and MA50 ($233.18, $239.23).
360miq.com/stockinfo?code=ZS

● Zoom Video Communications (ZM) largely rebounded 7.8% (+$8.27) after a 6-day losing streak, closed at $114.85.
360miq.com/stockinfo?code=ZM

● Marriott International (MAR) soared 7.5% (+$12.26), closed at $175.5, the best % gain in 17 months, crossed above MA20 and MA50 ($170.72, $168.84).
360miq.com/stockinfo?code=MAR

● PayPal (PYPL) largely fell -2.8% (-$3.06), closed at $105.19, fell 4 days in a row, a 20-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=PYPL

360miq.com/market?data=NASDAQ#tab-3

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