Nasdaq 100 largely retreated -4.1% (-539 pts), closed at 12605 points, the worst % loss in more than 2 months, also a 21-day low, fell -4.8% (-638 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 7 (5%) closed higher. Only 14% of all Nasdaq stocks ended higher, the least for more than 2 months.
In terms of sectors, all sectors were down with losses from -1.4% to -4.4%. 8 sectors outperformed the market. The market was down -3.8%; Energy was down -1.4%, but already the best performer; Technology was down -4.4%, the worst performer.
● Electronic Arts (EA) largely rose 3.6% (+$4.56), closed at $132.17, the best % gain in more than 3 months, rose 1.3% (+$1.69) for the week after a 2-week losing streak, crossed above MA20, MA50 and MA200 ($130.72, $128.28, $128.91). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=EA
● NVIDIA (NVDA) largely retreated -9.3% (-$16.615) after a 3-day winning streak, closed at $162.515, the worst % loss in more than 29 months, also a 28-day low, fell -9% (-$15.975) for the week, fell 3 weeks in a row, crossed below MA50 ($170.02). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=NVDA
● Marvell Technology Group (MRVL) largely retreated -9% (-$4.94) after a 3-day winning streak, closed at $50.15, the worst % loss in more than 17 months, also a 22-day low, fell -5.6% (-$2.99) for the week, fell 3 weeks in a row, crossed below MA20 and MA50 ($54.23, $50.46).
360miq.com/stockinfo?code=MRVL
360miq.com/market?data=NASDAQ#tab-3
