Nasdaq 100 rose +0.6% (+119 pts), closed at 20352 points, rose +0.1% (+28 pts) for the week, rose 7 weeks in a row.
Among the 150 largest-cap stocks, 83 (55%) closed higher. Despite Nasdaq 100 rising 0.6%, only 45% of all Nasdaq stocks follow suit.
In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to +1.2%. 3 sectors outperformed the market. The market was up +0.6%; Consumer Cyclical was up +1.2%, the best performer; Utilities, Financial were down -0.8%, the worst performers.
● Li Auto Inc (LI) spiked +5.1% (+$1.39), closed at $28.79, rose 6 days in a row, rose +14% (+$3.54) for the week after a 2-week losing streak. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=LI
● Western Digital (WDC) spiked +4.7% (+$3.13), closed at $69.45, a 20-day high, rose +3.6% (+$2.42) for the week, rose 2 weeks in a row, crossed above MA20 and MA200 ($66.69, $66.75).
360miq.com/stockinfo?code=WDC
● Sanofi ADR (SNY) largely rebounded +4.4% (+$2.29) after a 4-day losing streak, closed at $54.34, the best % gain in 6 months, fell -1.1% (-$0.59) for the week, fell 4 weeks in a row.
360miq.com/stockinfo?code=SNY
● Principal Financial Group (PFG) tumbled -6.6% (-$5.94), closed at $83.71, the worst % loss in more than 52 months, also a 28-day low, fell -7.5% (-$6.75) for the week after a 6-week winning streak, crossed below MA20 and MA50 ($87.94, $83.74). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=PFG