Nasdaq 100 largely rose 1.6% (+242 pts) after a 4-day losing streak, closed at 14937 points.
Among the 150 largest-cap stocks, 101 (67%) closed higher. Despite Nasdaq 100 rising 1.6%, only 49% of all Nasdaq stocks follow suit.
In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -0.4% to 2.2%. only 2 sectors outperformed the market. Boosting by Technology and Consumer Cyclical, The market was up 1.4%; Technology was up 2.2%, the best performer, reflecting a more aggressive market sentiment; Real Estate, Energy, Consumer Defensive were down -0.4%, but already the worst performers.
● Align Technology (ALGN) fell -2.2% (-$7.85), closed at $342.51, crossed below MA50 ($347.02). The worst performer but with average volume.
360miq.com/stockinfo?code=ALGN
● Horizon Pharma (HZNP) rose 1.1% (+$1.12), closed at $104.98, a 66-day high. The largest increase in volume.
360miq.com/stockinfo?code=HZNP
● Palo Alto Networks (PANW) spiked 14.8% (+$31.1), closed at $240.79, the best % gain in nearly 2 years, crossed above MA20 and MA50 ($227.8, $237.93). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=PANW
● Sirius XM (SIRI) fell -2.2% (-$0.1), closed at $4.39, fell 4 days in a row, a 35-day low.
360miq.com/stockinfo?code=SIRI
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