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Nasdaq Market Update 2024-04-05

360MiQ 0

Nasdaq 100 rebounded +1.3% (+229 pts), closed at 18108 points, fell -0.8% (-147 pts) for the week, fell 2 weeks in a row, crossed above MA50 (17915 pts).

Among the 150 largest-cap stocks, 112 (75%) closed higher. 54% of all Nasdaq stocks ended higher.

In terms of sectors, all sectors were up with gains from +0.4% to +1.6%. 4 sectors outperformed the market. The market was up +1.2%; Communication was up +1.6%, the best performer; Financial was up +0.4%, but already the worst performer.

● MongoDB (MDB) surged +5.6% (+$19.08), closed at $362.82, the best % gain in 2 months, rose +1.2% (+$4.18) for the week, rose 3 weeks in a row, crossed above MA20 ($358.83). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=MDB

● Constellation Energy Corp (CEG) largely rebounded +5.4% (+$9.94), closed at $193.05, the best % gain in 1 month, also hit a record high, rose +4.4% (+$8.2) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=CEG

● MicroStrategy Incorporated (MSTR) tumbled -10.9% (-$176.44), closed at $1438.98, fell -15.6% (-$265.58) for the week. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=MSTR

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

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