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Nasdaq Market Update 2022-06-17

360MiQ 0

Nasdaq 100 rebounded 1.2% (+138 pts), closed at 11266 points, fell -4.8% (-567 pts) for the week, fell 3 weeks in a row.

Among the 150 largest-cap stocks, 114 (76%) closed higher. 70% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -4.7% to 2.5%. 3 sectors outperformed the market. The market was up 1.4%; Healthcare was up 2.5%, the best performer; Energy was down -4.7%, the worst performer.

● Seagen (SGEN) spiked 12.7% (+$18.71), closed at $165.49, the best % gain in more than 16 months, also hit a YTD high, rose 18.7% (+$26.09) for the week after a 2-week losing streak, crossed above MA200 ($148.95). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=SGEN

● Diamondback Energy (FANG) plunged -8.5% (-$11.4), closed at $122.28, fell 3 days in a row, a 65-day low, fell -21.4% (-$33.21) for the week after a 3-week winning streak. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=FANG

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

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