Nasdaq 100 rose 1% (+116 pts), closed at 12167 points, a 94-day high, rose 4.7% (+548 pts) for the week, rose 4 weeks in a row.
Among the 150 largest-cap stocks, 76 (51%) closed higher. 57% of all Nasdaq stocks ended higher.
In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.6% to 3.6%. only 2 sectors outperformed the market. The market was up 0.9%; Consumer Cyclical was up 3.6%, the best performer, reflecting an increasing risk appetite; Basic Materials was down -0.6%, the worst performer.
● Lucid Group (LCID) spiked 43.4% (+$3.9), closed at $12.905, rose 3 days in a row, a 50-day high, rose 65% (+$5.08) for the week. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=LCID
● Rivian Automotive (RIVN) largely rebounded 8.2% (+$1.5), closed at $19.81, a 23-day high, rose 22.1% (+$3.58) for the week.
360miq.com/stockinfo?code=RIVN
● KLA-Tencor (KLAC) largely retreated -6.8% (-$29.34), closed at $399.42, the worst % loss in more than 5 months, fell -3.5% (-$14.43) for the week, fell 2 weeks in a row, crossed below MA20 ($405.7). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=KLAC
● Intel (INTC) largely retreated -6.4% (-$1.935), closed at $28.155, the worst % loss in more than 4 months, fell -3.6% (-$1.065) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($28.83, $28.55).
360miq.com/stockinfo?code=INTC
360miq.com/market?data=NASDAQ#tab-3
