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Nasdaq Market Update 2022-11-11

360MiQ 0

Nasdaq 100 largely rose 1.8% (+211 pts), closed at 11817 points, a 37-day high, rose 8.8% (+960 pts) for the week.

Among the 150 largest-cap stocks, 104 (69%) closed higher. 66% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.5% to 3.6%. 3 sectors outperformed the market. The market was up 1.9%; Consumer Cyclical was up 3.6%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -1.5%, the worst performer.

● Sanofi ADR (SNY) largely retreated -3.5% (-$1.53), closed at $42.78, the worst % loss in nearly 3 months, fell -1.9% (-$0.84) for the week after a 5-week winning streak. The largest increase in volume today.
360miq.com/stockinfo?code=SNY

● Align Technology (ALGN) surged 11.4% (+$22.45), closed at $218.93, rose 21% (+$38) for the week after a 2-week losing streak, crossed above MA50 ($215.97). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=ALGN

● Warner Bros Discovery (WBD) soared 9.7% (+$1.05), closed at $11.85, rose 13.6% (+$1.42) for the week after a 2-week losing streak.
360miq.com/stockinfo?code=WBD

● LPL Financial (LPLA) plummeted -6% (-$14.45), closed at $228.06, fell 3 days in a row, the worst % loss in 6 months, also a 28-day low, fell -14.5% (-$38.62) for the week after a 2-week winning streak, crossed below MA50 ($238.39). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=LPLA

● Enphase Energy (ENPH) largely retreated -5.6% (-$17.25) after a 3-day winning streak, closed at $292, the worst % loss in 1 month, rose 3.4% (+$9.56) for the week.
360miq.com/stockinfo?code=ENPH

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

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