Nasdaq 100 largely fell -2.4% (-449 pts), closed at 18441 points, a 54-day low, fell -3.1% (-583 pts) for the week, fell 4 weeks in a row.
Among the 150 largest-cap stocks, 34 (23%) closed higher. Only 15% of all Nasdaq stocks ended higher, the least in 2 years.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -5.8% to +0.5%. 9 sectors outperformed the market. Dragging by Consumer Cyclical and Energy, The market was down -2.6%; Consumer Defensive was up +0.5%, the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -5.8%, the worst performer.
● MercadoLibre (MELI) largely rebounded +10% (+$159.9), closed at $1765.96, the best % gain in nearly 1 year, also a 49-day high, rose +6.9% (+$114.27) for the week, rose 2 weeks in a row, crossed above MA20 and MA50 ($1678.72, $1652.4). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=MELI
● DoorDash Inc. Class A (DASH) largely rebounded +7.8% (+$8.44), closed at $116.64, the best % gain in nearly 9 months, also a 51-day high, rose +11.4% (+$11.9) for the week, crossed above MA50 and MA200 ($109.37, $110.3).
360miq.com/stockinfo?code=DASH
● Intel (INTC) sank -27.4% (-$7.96), closed at $21.09, hit a YTD low, fell -32.7% (-$10.26) for the week, fell 3 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=INTC
● Atlassian Corp (TEAM) plunged -18.1% (-$31.365), closed at $141.875, the worst % loss in nearly 21 months, also hit a YTD low, fell -20% (-$35.445) for the week, crossed below MA50 ($169.83). The largest increase in volume today.
360miq.com/stockinfo?code=TEAM
● Synopsys (SNPS) tanked -10.3% (-$55.46), closed at $485.21, the worst % loss in more than 52 months, also a 143-day low, fell -11.2% (-$61.17) for the week, fell 4 weeks in a row.
360miq.com/stockinfo?code=SNPS
● Amazon.com (AMZN) plunged -9.1% (-$16.81), closed at $167.26, the worst % loss in 27 months, also a 113-day low, fell -8.4% (-$15.24) for the week, fell 4 weeks in a row, crossed below MA200 ($168.53).
360miq.com/stockinfo?code=AMZN
360miq.com/market?data=NASDAQ#tab-3
