Nasdaq 100 largely fell -2.3% (-360 pts), closed at 15466 points, the worst % loss in nearly 5 months.
Among the 150 largest-cap stocks, 50 (33%) closed higher. 34% of all Nasdaq stocks ended higher.
In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -4.3% to 1.3%. 8 sectors outperformed the market. The market was down -2%; Utilities was up 1.3%, the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -4.3%, the worst performer.
● CIT Group Inc Preferred Series C (FCNCO) rose 2.5% (+$0.5), closed at $20.85, rose 3 days in a row, the best % gain in more than 2 months, also a 55-day high, crossed above MA20 ($20.4). The largest increase in volume.
360miq.com/stockinfo?code=FCNCO
● Sirius XM (SIRI) soared 42.7% (+$2.34), closed at $7.835, rose 4 days in a row, hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SIRI
● Tesla (TSLA) plummeted -9.7% (-$28.355), closed at $262.905, the worst % loss in more than 6 months, crossed below MA20 ($270.49). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=TSLA
● Netflix (NFLX) plunged -8.4% (-$40.325) after a 3-day winning streak, closed at $437.265, the worst % loss in 7 months, crossed below MA20 ($440.02).
360miq.com/stockinfo?code=NFLX
● Monolithic Power Systems (MPWR) tanked -7.8% (-$45), closed at $529.51, fell 3 days in a row, the worst % loss in more than 2 months, crossed below MA20 ($540.75).
360miq.com/stockinfo?code=MPWR
360miq.com/market?data=NASDAQ#tab-3
