Nasdaq 100 rose 1% (+179 pts), closed at 17962 points, rose 3 days in a row, hit a record high, rose 1.8% (+319 pts) for the week, rose 5 weeks in a row.
Among the 150 largest-cap stocks, 109 (73%) closed higher. 70% of all Nasdaq stocks ended higher, the most in more than 1 month, good for the market.
In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -1.4% to 1.7%. 3 sectors outperformed the market. The market was up 1.3%; Technology was up 1.7%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was down -1.4%, the worst performer.
● Coinbase Global (COIN) jumped 7.1% (+$9.43), closed at $141.98, rose 4 days in a row, a 20-day high, rose 9.9% (+$12.76) for the week, rose 3 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=COIN
● Applied Materials (AMAT) jumped 6.9% (+$11.97), closed at $185.86, rose 3 days in a row, the best % gain in more than 8 months, also hit a record high, rose 10.5% (+$17.68) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=AMAT
● Take-Two Interactive Software (TTWO) tanked -8.7% (-$14.73) after a 3-day winning streak, closed at $154.87, the worst % loss in 15 months, also hit a YTD low, fell -7.3% (-$12.13) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($164.81, $161.28). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=TTWO