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Nasdaq Market Update 2022-02-16

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Nasdaq 100 slightly retreated -0.1% (-17.4 pts), closed at 14604 points, is testing MA20 (14584 pts).

Among the 150 largest-cap stocks, 75 (50%) closed higher. 50% of all Nasdaq stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 2 sectors closed down, 3 sectors remained unchanged, ranging from -0.3% to 0.8%. 7 sectors outperformed the market. The market remained unchanged; Energy was up 0.8%, the best performer; Technology was down -0.3%, but already the worst performer.

● Cincinnati Financial (CINF) soared 6.2% (+$7.45), closed at $128.14, the best % gain in 15 months, also hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=CINF

● The Kraft Heinz (KHC) spiked 5.6% (+$1.93), closed at $36.61, the best % gain in nearly 21 months, crossed above MA20 and MA50 ($35.66, $35.8).
360miq.com/stockinfo?code=KHC

● Telefonaktiebolaget LM Ericsson (ERIC) largely retreated -11.6% (-$1.445), closed at $11.005, the worst % loss in 23 months, crossed below MA20, MA50 and MA200 ($12.07, $11.32, $11.77). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ERIC

360miq.com/market?data=NASDAQ#tab-3

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