Nasdaq 100 sank -2.7% (-509 pts), closed at 18421 points, fell -5.9% (-1154 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 26 (17%) closed higher. Only 23% of all Nasdaq stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.2% to -7.6%. 8 sectors outperformed the market. The market was down -5.7%; Consumer Defensive was down -0.2%, but already the best performer, reflecting a more risk-averse market; Technology sank -7.6%, the worst performer.
● Tradeweb Markets (TW) plunged -5.4% (-$6.43), closed at $111.81, the worst % loss in 17 months, fell -5.4% (-$6.43) for the week after a 5-week winning streak, crossed below MA20 ($115.39). The largest increase in volume today.
360miq.com/stockinfo?code=TW
● SBA Communications Corp (SBAC) surged +5.2% (+$11.85), closed at $238.51, the best % gain in nearly 2 months, also a 161-day high, rose +5.2% (+$11.85) for the week. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=SBAC
● argenx NV ADR (ARGX) jumped +4.8% (+$24.68), closed at $542, hit a YTD high, rose +4.8% (+$24.68) for the week, rose 2 weeks in a row, crossed above MA20 ($521.3).
360miq.com/stockinfo?code=ARGX
● Mondelez International (MDLZ) surged +4.9% (+$3.5), closed at $75.31, the best % gain in 53 months, also a 145-day high, rose +4.9% (+$3.5) for the week, rose 4 weeks in a row.
360miq.com/stockinfo?code=MDLZ
● Zscaler (ZS) largely retreated -21.6% (-$43.2), closed at $156.78, a 64-day low, fell -21.6% (-$43.2) for the week after a 4-week winning streak, crossed below MA20, MA50 and MA200 ($186.48, $187.91, $198.53). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=ZS
● Coinbase Global (COIN) plunged -19.6% (-$36.01), closed at $147.35, fell 6 days in a row, the worst % loss in more than 25 months, also a 138-day low, fell -19.6% (-$36.01) for the week, fell 2 weeks in a row.
360miq.com/stockinfo?code=COIN
● ASML Holding NV ADR (ASML) largely retreated -16.7% (-$151.08), closed at $752.79, the worst % loss in more than 53 months, also a 156-day low, fell -16.7% (-$151.08) for the week, fell 3 weeks in a row, crossed below MA20 and MA200 ($884.45, $891.01).
360miq.com/stockinfo?code=ASML
● Broadcom (AVGO) largely retreated -15.9% (-$25.825), closed at $136.995, the worst % loss in more than 53 months, fell -15.9% (-$25.825) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($156.63, $158.87).
360miq.com/stockinfo?code=AVGO
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