Nasdaq 100 retreated -0.5% (-61.1 pts) after a 4-day winning streak, closed at 12520 points, rose 5.8% (+690 pts) for the week.
Among the 150 largest-cap stocks, 22 (15%) closed higher. Only 23% of all Nasdaq stocks ended higher.
In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -2.7% to 0%. only 2 sectors outperformed the market, the market internal was more negative. The market was down -0.7%; Communication remained unchanged, but already the best performer; Financial was down -2.7%, the worst performer.
● Cincinnati Financial (CINF) largely retreated -5.4% (-$5.98), closed at $104.89, the worst % loss in more than 7 months, also a 38-day low, fell -6.8% (-$7.68) for the week, fell 4 weeks in a row, crossed below MA200 ($107.02). The largest increase in volume today.
360miq.com/stockinfo?code=CINF
● Baidu (BIDU) surged 6.3% (+$8.74), closed at $146.9, the best % gain in 1 month, rose 10.9% (+$14.48) for the week, crossed above MA20 and MA50 ($140.06, $140.19). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=BIDU
● Enphase Energy (ENPH) tumbled -8.7% (-$17.48), closed at $183.62, fell 3 days in a row, the worst % loss in nearly 2 months, also hit a YTD low, fell -12.7% (-$26.6) for the week, fell 2 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=ENPH
360miq.com/market?data=NASDAQ#tab-3
