Nasdaq 100 rebounded +0.7% (+143 pts), closed at 20033 points, fell -1.6% (-319 pts) for the week after a 7-week winning streak.
Among the 150 largest-cap stocks, 91 (61%) closed higher. 54% of all Nasdaq stocks ended higher.
In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -1.7% to +3.2%. only 2 sectors outperformed the market. The market was up +0.7%; Consumer Cyclical was up +3.2%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -1.7%, the worst performer.
● Atlassian Corp (TEAM) soared +19% (+$35.81), closed at $224.35, the best % gain in 39 months, also a 189-day high, rose +18.9% (+$35.62) for the week. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=TEAM
● Charter Communications (CHTR) largely rebounded +11.9% (+$38.88), closed at $366.49, the best % gain in 3 months, also a 63-day high, rose +9.1% (+$30.49) for the week, rose 2 weeks in a row, crossed above MA20 and MA50 ($330.78, $333.09).
360miq.com/stockinfo?code=CHTR
● Intel (INTC) largely rebounded +7.8% (+$1.68) after a 3-day losing streak, closed at $23.2, the best % gain in 2 months, rose +2.3% (+$0.52) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($22.73, $21.76).
360miq.com/stockinfo?code=INTC
● Lululemon Athletica (LULU) largely rebounded +7.8% (+$23.27) after a 3-day losing streak, closed at $321.17, the best % gain in more than 1 year, also a 102-day high, rose +5.6% (+$17.02) for the week, rose 4 weeks in a row.
360miq.com/stockinfo?code=LULU
● Erie Indemnity (ERIE) tanked -7.5% (-$33.66), closed at $415.18, fell 3 days in a row, the worst % loss in 22 months, also a 69-day low, fell -6.5% (-$28.84) for the week, fell 4 weeks in a row, is testing MA200 ($414.93). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=ERIE
360miq.com/market?data=NASDAQ#tab-3
