Nasdaq 100 rebounded +0.7% (+148 pts), closed at 20201 points, fell -3.3% (-683 pts) for the week, fell 3 weeks in a row, is testing MA200 (20248 pts).
Among the 150 largest-cap stocks, 97 (65%) closed higher. 55% of all Nasdaq stocks ended higher.
In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -2.4% to +1.5%. 4 sectors outperformed the market. The market was up +0.7%; Technology was up +1.5%, the best performer; Consumer Defensive was down -2.4%, the worst performer.
● Broadcom (AVGO) largely rebounded +8.6% (+$15.51), closed at $194.96, the best % gain in more than 2 months, fell -2.2% (-$4.47) for the week, fell 3 weeks in a row, crossed above MA200 ($180.13). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=AVGO
● Costco Wholesale Corp (COST) tumbled -6.1% (-$62.31), closed at $964.31, the worst % loss in nearly 1 year, also a 25-day low, fell -8% (-$84.3) for the week, crossed below MA50 ($987.99). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=COST
360miq.com/market?data=NASDAQ#tab-3
