Nasdaq 100 largely rose +2.5% (+467 pts), closed at 19490 points, rose 6 days in a row, crossed above MA50 (19437 pts).
Among the 150 largest-cap stocks, 131 (87%) closed higher. 79% of all Nasdaq stocks ended higher, the most in more than 19 months, good for the market.
In terms of sectors, all sectors were up with gains from +0.1% to +3.4%. only 2 sectors outperformed the market. Boosting by Consumer Cyclical and Technology, The market was up +1.7%; Consumer Cyclical was up +3.4%, the best performer, reflecting a more aggressive market sentiment; Real Estate was up +0.1%, but already the worst performer.
● JD.com Inc Adr (JD) surged +4.8% (+$1.24), closed at $27.14, the best % gain in 1 month, also a 21-day high, crossed above MA20 and MA200 ($26.03, $26.5). The largest increase in volume.
360miq.com/stockinfo?code=JD
● Cisco Systems (CSCO) spiked +7.9% (+$3.61), closed at $49.05, rose 3 days in a row, the best % gain in more than 52 months, also a 62-day high, crossed above MA20, MA50 and MA200 ($46.61, $46.5, $48.01). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=CSCO
● Marvell Technology Group (MRVL) spiked +7.6% (+$4.87), closed at $68.66, crossed above MA50 and MA200 ($68.07, $65.73).
360miq.com/stockinfo?code=MRVL
● Align Technology (ALGN) surged +7% (+$15.33), closed at $235.36, rose 3 days in a row, the best % gain in 8 months, crossed above MA20 ($225.39).
360miq.com/stockinfo?code=ALGN
● Tesla (TSLA) largely rebounded +6.5% (+$13.18), closed at $214.56, the best % gain in more than 1 month, crossed above MA50 and MA200 ($212.81, $203.08).
360miq.com/stockinfo?code=TSLA
360miq.com/market?data=NASDAQ#tab-3
