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Nasdaq Market Update 2022-09-09

360MiQ 0

Nasdaq 100 largely rose 2.2% (+267 pts), closed at 12588 points, rose 3 days in a row, rose 4.1% (+490 pts) for the week after a 3-week losing streak, crossed above MA50 (12579 pts).

Among the 150 largest-cap stocks, 136 (91%) closed higher. 74% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.8% to 3.4%. 5 sectors outperformed the market. The market was up 2.1%; Energy was up 3.4%, the best performer; Utilities was up 0.8%, but already the worst performer.

● Zscaler (ZS) soared 21.8% (+$33.61), closed at $187.86, rose 3 days in a row, the best % gain in 21 months, also an 86-day high, rose 29.5% (+$42.74) for the week after a 3-week losing streak, crossed above MA20 and MA50 ($164.3, $161.09). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=ZS

● Enphase Energy (ENPH) largely fell -3.7% (-$11.69) after a 3-day winning streak, closed at $305.72, the worst % loss in 1 month, rose 9.5% (+$26.65) for the week. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=ENPH

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

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