Nasdaq 100 rose +0.4% (+82.8 pts), closed at 19660 points, rose 5 days in a row, hit a record high, rose +3.5% (+659 pts) for the week, rose 2 weeks in a row.
Among the 150 largest-cap stocks, 53 (35%) closed higher. For 2 days in a row, Nasdaq 100 rose but more than half of Nasdaq stocks ended lower. Today, 27% of all Nasdaq stocks rose with the index. The market is relatively tiring.
In terms of sectors, 4 sectors closed up, 8 sectors closed down, the market internal was more negative, ranging from -2.1% to +0.7%. 3 sectors outperformed the market. The market was up +0.1%; Communication was up +0.7%, the best performer; Energy was down -2.1%, the worst performer.
● First Solar (FSLR) tumbled -6.2% (-$17.95), closed at $273.61, the worst % loss in nearly 5 months, rose +2.3% (+$6.27) for the week after a 2-week losing streak. The worst performer today but with average volume.
360miq.com/stockinfo?code=FSLR
● Liberty Media Corporation Series A Liberty Live (LLYVA) fell -1.1% (-$0.38), closed at $33.59, hit a YTD low, fell -5.4% (-$1.9) for the week, fell 5 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=LLYVA
● Adobe Systems Incorporated (ADBE) spiked +14.5% (+$66.72), closed at $525.46, the best % gain in nearly 51 months, also a 63-day high, rose +12.9% (+$60.03) for the week, rose 2 weeks in a row, crossed above MA20 and MA50 ($468.64, $474.83). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=ADBE
● Align Technology (ALGN) largely retreated -5.6% (-$15.24), closed at $256.04, the worst % loss in more than 1 month, rose +0.2% (+$0.5) for the week, crossed below MA20 ($258.36).
360miq.com/stockinfo?code=ALGN