Nasdaq 100 largely rose 2.1% (+277 pts) after a 4-day losing streak, closed at 13259 points, hit a YTD high, rose 0.1% (+13 pts) for the week, rose 2 weeks in a row, crossed above MA20 (13042 pts).
Among the 150 largest-cap stocks, 137 (91%) closed higher. 76% of all Nasdaq stocks ended higher, the most in 4 months, good for the market.
In terms of sectors, all sectors were up with gains from 0.9% to 5.6%. 3 sectors outperformed the market. The market was up 2.1%; Energy was up 5.6%, the best performer; Utilities, Communication were up 0.9%, but already the worst performers.
● Fifth Third Bancorp (FITB) largely rebounded 7.3% (+$1.7) after a 4-day losing streak, closed at $24.94, the best % gain in nearly 28 months, fell -4.8% (-$1.26) for the week, fell 2 weeks in a row. The best performer today but with average volume.
360miq.com/stockinfo?code=FITB
● Liberty Media Corp SiriusXM A (LSXMA) largely rebounded 7% (+$1.9), closed at $28.955, the best % gain in 35 months, rose 3% (+$0.85) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($28.4, $28.38).
360miq.com/stockinfo?code=LSXMA
● Monolithic Power Systems (MPWR) sank -10.4% (-$47.85), closed at $411.08, fell 4 days in a row, the worst % loss in more than 29 months, also a 66-day low, fell -11% (-$50.89) for the week, fell 3 weeks in a row, crossed below MA200 ($427.77). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=MPWR
● Atlassian Corp (TEAM) largely retreated -9.7% (-$14.49), closed at $135.56, the worst % loss in nearly 6 months, also a 79-day low, fell -8.2% (-$12.1) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=TEAM
360miq.com/market?data=NASDAQ#tab-3
