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Nasdaq Market Update 2022-07-19

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Nasdaq 100 spiked 3.1% (+371 pts), closed at 12249 points, a 25-day high, crossed above MA50 (12006 pts).

Among the 150 largest-cap stocks, 143 (95%) closed higher. 83% of all Nasdaq stocks ended higher, the most in 2 years, good for the market.

In terms of sectors, all sectors were up with gains from 0.4% to 3.6%. 6 sectors outperformed the market. The market was up 2.9%; Energy was up 3.6%, the best performer; Utilities was up 0.4%, but already the worst performer.

● Coinbase Global (COIN) jumped 12.3% (+$7.22), closed at $65.89, rose 4 days in a row, a 26-day high, crossed above MA50 ($61.81). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=COIN

● Li Auto Inc (LI) largely retreated -4.7% (-$1.84) after a 4-day winning streak, closed at $37.32, crossed below MA20 ($38.26). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=LI

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

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