Nasdaq 100 largely rebounded +3.1% (+547 pts), closed at 18414 points, the best % gain in 1.5 years.
Among the 150 largest-cap stocks, 139 (93%) closed higher, 126 of them rose with a lower volume. 73% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from +1% to +2.9%. only 2 sectors outperformed the market. Boosting by Technology and Communication, The market was up +2.4%; Technology was up +2.9%, the best performer, reflecting a more aggressive market sentiment; Utilities, Financial, Basic Materials were up +1%, but already the worst performers.
● Monolithic Power Systems (MPWR) largely rebounded +9.1% (+$68.63), closed at $825.665, crossed above MA20 and MA50 ($819.27, $808.64). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=MPWR
● Applovin Corp (APP) largely rebounded +8.3% (+$5.57), closed at $72.76, the best % gain in nearly 3 months.
360miq.com/stockinfo?code=APP
● Monster Beverage Corp (MNST) tanked -11.3% (-$5.73), closed at $44.8, the worst % loss in 77 months, also hit a YTD low, crossed below MA50 ($50.37). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=MNST
360miq.com/market?data=NASDAQ#tab-3
