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Nasdaq Market Update 2023-09-13

360MiQ 0

Nasdaq 100 rebounded 0.4% (+58.5 pts), closed at 15349 points, crossed above MA50 (15301 pts).

Among the 150 largest-cap stocks, 67 (45%) closed higher. Despite Nasdaq 100 rising 0.4%, only 40% of all Nasdaq stocks rose with the index.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 5 sectors closed down, ranging from -1.5% to 1.2%. 3 sectors outperformed the market. The market was up 0.3%; Utilities was up 1.2%, the best performer; Energy was down -1.5%, the worst performer.

● First Solar (FSLR) sank -5.7% (-$10.39), closed at $170.55, the worst % loss in more than 4 months, also a 135-day low. The worst performer but with average volume.
360miq.com/stockinfo?code=FSLR

● JB Hunt Transport Services (JBHT) largely rebounded 4.1% (+$7.43) after a 3-day losing streak, closed at $189.335, the best % gain in nearly 8 months, crossed above MA20 ($188.38). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=JBHT

● Netflix (NFLX) plunged -5.2% (-$22.6), closed at $412.09, the worst % loss in nearly 2 months, crossed below MA20 and MA50 ($426.19, $432.62). The largest increase in volume.
360miq.com/stockinfo?code=NFLX

360miq.com/market?data=NASDAQ#tab-3

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