Nasdaq 100 rose 0.8% (+120 pts), closed at 15140 points, rose 4 days in a row, crossed above MA20 and MA200 (15076 pts, 15029 pts).
Among the 150 largest-cap stocks, 97 (65%) closed higher. Despite Nasdaq 100 rising 0.8%, only 30% of all Nasdaq stocks rose with the index.
In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -5.8% to 4.3%. only 2 sectors outperformed the market. The market was up 0.9%; Communication was up 4.3%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -5.8%, the worst performer.
● Alphabet (GOOGL) jumped 7.4% (+$204.69), closed at $2957.57, rose 4 days in a row, the best % gain in 21 months, also hit a YTD high, crossed above MA50 ($2826.36). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=GOOGL
● QUALCOMM Incorporated (QCOM) soared 6.3% (+$11.22), closed at $188.35, rose 4 days in a row, the best % gain in more than 2 months, crossed above MA50 ($179.56).
360miq.com/stockinfo?code=QCOM
● Exelon (EXC) plummeted -25.9% (-$14.99), closed at $42.84, hit a YTD low, crossed below MA20, MA50 and MA200 ($55.86, $54.98, $49.26). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=EXC
● PayPal (PYPL) largely retreated -24.6% (-$43.22) after a 4-day winning streak, closed at $132.58, hit a YTD low, crossed below MA20 ($172.61). The largest increase in volume.
360miq.com/stockinfo?code=PYPL
360miq.com/market?data=NASDAQ#tab-3
