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Nasdaq Market Update 2022-03-07

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Nasdaq 100 tumbled -3.7% (-519 pts), closed at 13319 points, fell 3 days in a row, the worst % loss in 1 month, also hit a YTD low.

Among the 150 largest-cap stocks, 19 (13%) closed higher. Only 27% of all Nasdaq stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -5.4% to 1.3%. 8 sectors outperformed the market. The market was down -3.6%; Energy was up 1.3%, the best performer; Consumer Cyclical was down -5.4%, the worst performer.

● Sirius XM (SIRI) largely rose 3.3% (+$0.205), closed at $6.375, the best % gain in 1 month, crossed above MA20, MA50 and MA200 ($6.24, $6.27, $6.29). The largest increase in volume.
360miq.com/stockinfo?code=SIRI

● Baker Hughes Company Class A (BKR) surged 4.8% (+$1.58), closed at $34.8, rose 4 days in a row, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=BKR

● Fortinet (FTNT) sank -13.1% (-$44.025), closed at $291.435, fell 3 days in a row, the worst % loss in nearly 2 years, crossed below MA20, MA50 and MA200 ($318.49, $316.63, $298.17). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=FTNT

● The Trade Desk (TTD) sank -12.6% (-$9.55), closed at $66.11, fell 3 days in a row, the worst % loss in nearly 10 months, also a 20-day low.
360miq.com/stockinfo?code=TTD

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

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