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Nasdaq Market Update 2022-08-04

360MiQ 0

Nasdaq 100 rose 0.4% (+58 pts), closed at 13311 points, a 62-day high.

Among the 150 largest-cap stocks, 94 (63%) closed higher. 57% of all Nasdaq stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -5.1% to 1.3%. 4 sectors outperformed the market. The market was up 0.5%; Healthcare was up 1.3%, the best performer; Energy was down -5.1%, the worst performer.

● MercadoLibre (MELI) surged 16.2% (+$143.96), closed at $1034.83, rose 7 days in a row, the best % gain in nearly 27 months, also a 66-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MELI

● Coinbase Global (COIN) spiked 10% (+$8.09), closed at $88.9, rose 3 days in a row, a 60-day high. The largest increase in volume.
360miq.com/stockinfo?code=COIN

● Lucid Group (LCID) largely retreated -9.8% (-$2.01) after a 4-day winning streak, closed at $18.55, the worst % loss in more than 1 month, crossed below MA20 and MA50 ($19.45, $18.71). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=LCID

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

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