Nasdaq 100 rose 1.5% (+214 pts), closed at 14189 points, rose 1.3% (+179 pts) for the week after a 2-week losing streak.
Among the 150 largest-cap stocks, 134 (89%) closed higher. 75% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.6% to 3.8%. 7 sectors outperformed the market. The market was up 1.6%; Basic Materials was up 3.8%, the best performer; Real Estate was up 0.6%, but already the worst performer.
● MercadoLibre (MELI) soared 7.5% (+$77.98), closed at $1111.57, rose 3 days in a row, rose 18.6% (+$174.31) for the week, crossed above MA20 ($1060.21). The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=MELI
● SVB Financial Group (SIVB) soared 6.7% (+$39.35) after a 5-day losing streak, closed at $623.62, the best % gain in more than 1 month, rose 1.7% (+$10.49) for the week, crossed above MA20 ($614.45).
360miq.com/stockinfo?code=SIVB
● Zscaler (ZS) largely retreated -15.7% (-$41.47), closed at $221.91, the worst % loss in 2 years, also hit a YTD low, fell -13.1% (-$33.31) for the week, fell 2 weeks in a row, crossed below MA20 ($261.39). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=ZS
360miq.com/market?data=NASDAQ#tab-3
