Nasdaq 100 rose 1.2% (+188 pts), closed at 15307 points, rose 3 days in a row, hit a YTD high.
Among the 150 largest-cap stocks, 113 (75%) closed higher. 67% of all Nasdaq stocks ended higher, the most in 1 month, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 1.8%. 3 sectors outperformed the market. The market was up 1.2%; Communication was up 1.8%, the best performer, reflecting a more aggressive market sentiment; Industrials was down -0.1%, but already the worst performer.
● Pinduoduo (PDD) surged 6.1% (+$4.33), closed at $75.37, rose 4 days in a row, the best % gain in 1 month, crossed above MA20 ($72.69). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=PDD
● Enphase Energy (ENPH) surged 5.2% (+$9.04), closed at $182.82, a 52-day high.
360miq.com/stockinfo?code=ENPH
● Palo Alto Networks (PANW) largely retreated -7% (-$17.56), closed at $232.67, the worst % loss in 8 months, crossed below MA20 ($246.88). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=PANW
● Zscaler (ZS) plummeted -6.6% (-$9.77), closed at $137.62, the worst % loss in more than 2 months, also a 26-day low.
360miq.com/stockinfo?code=ZS
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