Nasdaq 100 plummeted -3.6% (-437 pts), closed at 11833 points, fell 3 days in a row, fell -5.7% (-715 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 8 (5%) closed higher. Only 15% of all Nasdaq stocks ended higher, the least for more than 1 month.
In terms of sectors, all sectors were down with losses from -0.6% to -4.1%. 9 sectors outperformed the market. Dragging by Technology and Consumer Cyclical, The market was down -3.2%; Utilities was down -0.6%, but already the best performer, reflecting a decreasing risk appetite; Technology was down -4.1%, the worst performer.
● Chicken Soup for the Soul Entertainment (CSSE) spiked 20.5% (+$1.5), closed at $8.81, rose 7 days in a row, a 23-day high, rose 36.6% (+$2.36) for the week, crossed above MA50 ($7.84). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=CSSE
● Illumina (ILMN) tumbled -9% (-$20.26), closed at $204.21, the worst % loss in 1 month, also hit a YTD low, fell -12.3% (-$28.76) for the week, fell 2 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=ILMN
● Adobe Systems Incorporated (ADBE) tumbled -7.6% (-$32.58), closed at $393.84, fell 3 days in a row, the worst % loss in more than 2 months, fell -8.4% (-$35.92) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($413.57, $417.39).
360miq.com/stockinfo?code=ADBE
● MercadoLibre (MELI) sank -7.6% (-$57.135), closed at $691.27, fell 3 days in a row, a 20-day low, fell -12.4% (-$97.63) for the week, fell 2 weeks in a row.
360miq.com/stockinfo?code=MELI
360miq.com/market?data=NASDAQ#tab-3
