Nasdaq 100 largely rose +2% (+349 pts), closed at 17891 points, the best % gain in more than 2 months, rose +1% (+173 pts) for the week, rose 2 weeks in a row, crossed above MA20 (17664 pts).
Among the 150 largest-cap stocks, 118 (79%) closed higher. 67% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from +0.2% to +3%. only 1 sector outperformed the market. Boosting by Technology, The market was up +1.9%; Technology was up +3%, the best performer, reflecting a more aggressive market sentiment; Real Estate was up +0.2%, but already the worst performer.
● Amgen (AMGN) soared +11.9% (+$33.15), closed at $311.54, rose 3 days in a row, a 60-day high, rose +15.4% (+$41.56) for the week, rose 3 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=AMGN
● MercadoLibre (MELI) jumped +8.2% (+$124.23), closed at $1630.22, the best % gain in nearly 9 months, also a 49-day high, rose +15.9% (+$224.22) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=MELI
● Fortinet (FTNT) largely retreated -9.7% (-$6.31), closed at $58.89, the worst % loss in nearly 6 months, also an 81-day low, fell -8.2% (-$5.29) for the week, crossed below MA200 ($62.16). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=FTNT
360miq.com/market?data=NASDAQ#tab-3
