Nasdaq 100 fell -1.1% (-207 pts), closed at 17808 points, fell 3 days in a row, fell -1.2% (-210 pts) for the week, fell 2 weeks in a row, crossed below MA20 (17965 pts).
Among the 150 largest-cap stocks, 46 (31%) closed higher. Despite Nasdaq 100 falling -1.1%, 54% of all Nasdaq stocks rose against the index.
In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -1.4% to 0.5%. 8 sectors outperformed the market. The market was down -1%; Energy was up 0.5%, the best performer; Consumer Cyclical was down -1.4%, the worst performer.
● CoStar Group (CSGP) surged 8.3% (+$7.28), closed at $95.15, rose 6 days in a row, the best % gain in more than 19 months, also hit a YTD high, rose 10.5% (+$9.04) for the week. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=CSGP
● Adobe Systems Incorporated (ADBE) plummeted -13.7% (-$77.91), closed at $492.54, fell 3 days in a row, the worst % loss in nearly 1.5 years, also hit a YTD low, fell -10.7% (-$59.15) for the week, fell 2 weeks in a row, crossed below MA20 and MA200 ($552.69, $549.96). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=ADBE
● JIN MEDICAL INTERNATIONAL (ZJYL) tanked -9.1% (-$0.485), closed at $4.835, a 42-day low, fell -30.9% (-$2.165) for the week.
360miq.com/stockinfo?code=ZJYL