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Nasdaq Market Update 2022-12-08

360MiQ 0

Nasdaq 100 rose 1.2% (+140 pts) after a 4-day losing streak, closed at 11637 points.

Among the 150 largest-cap stocks, 117 (78%) closed higher. 60% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.1% to 1.8%. only 2 sectors outperformed the market. The market was up 1%; Consumer Cyclical, Technology were up 1.8%, the best performers, reflecting an increasing risk appetite; Energy was down -1.1%, the worst performer.

● DexCom (DXCM) largely rose 4% (+$4.75), closed at $122.66, rose 3 days in a row, a 160-day high. The largest increase in volume.
360miq.com/stockinfo?code=DXCM

● Datadog (DDOG) jumped 8.4% (+$5.72) after a 4-day losing streak, closed at $74. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=DDOG

● Atlassian Corp (TEAM) soared 8.2% (+$10.23), closed at $135.69, crossed above MA20 ($129.73).
360miq.com/stockinfo?code=TEAM

● NVIDIA (NVDA) soared 6.5% (+$10.46), closed at $171.66, a 72-day high.
360miq.com/stockinfo?code=NVDA

● T-Mobile US (TMUS) largely fell -3.4% (-$5.01), closed at $143.78, fell 4 days in a row, the worst % loss in nearly 3 months, also a 28-day low, crossed below MA50 ($144.17). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=TMUS

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

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