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Nasdaq Market Update 2022-12-09

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Nasdaq 100 retreated -0.6% (-74.7 pts), closed at 11563 points, fell -3.6% (-431 pts) for the week after a 2-week winning streak.

Among the 150 largest-cap stocks, 37 (25%) closed higher. 35% of all Nasdaq stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.3% to -2.3%. 5 sectors outperformed the market. The market was down -0.7%; Communication was down -0.3%, but already the best performer; Energy was down -2.3%, the worst performer.

● Netflix (NFLX) largely rose 3.2% (+$9.92), closed at $320.18, rose 3 days in a row, fell -0.07% (-$0.23) for the week.
360miq.com/stockinfo?code=NFLX

● Tesla (TSLA) largely rose 3.3% (+$5.67) after a 4-day losing streak, closed at $179.11, fell -8.1% (-$15.75) for the week after a 2-week winning streak. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=TSLA

● Broadcom (AVGO) largely rose 2.6% (+$14.02), closed at $545.1, rose 0.8% (+$4.3) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=AVGO

● Lululemon Athletica (LULU) sank -12.9% (-$48.33), closed at $326.18, the worst % loss in more than 32 months, also a 20-day low, fell -15.5% (-$59.81) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($362.77, $330.75). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=LULU

● Li Auto Inc (LI) largely retreated -12.8% (-$3.08), closed at $21.02, the worst % loss in more than 1 month, fell -7.7% (-$1.76) for the week.
360miq.com/stockinfo?code=LI

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

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