Nasdaq 100 largely rebounded 7.5% (+808 pts), closed at 11606 points, the best % gain in more than 31 months, crossed above MA20 and MA50 (11160 pts, 11446 pts).
Among the 150 largest-cap stocks, 144 (96%) closed higher. 86% of all Nasdaq stocks ended higher, the most in 2 years, good for the market.
In terms of sectors, all sectors were up with gains from 2.9% to 9.1%. only 2 sectors outperformed the market. Boosting by Technology and Consumer Cyclical, The market was up 7.2%; Technology was up 9.1%, the best performer, reflecting a more aggressive market sentiment; Energy was up 2.9%, but already the worst performer.
● Trade Desk (TTD) largely rebounded 19.2% (+$7.64) after a 11-day losing streak, closed at $47.53, the best % gain in 3 months. The best performer but with average volume.
360miq.com/stockinfo?code=TTD
● AstraZeneca PLC ADR (AZN) spiked 6.6% (+$4.04), closed at $65.09, the best % gain in nearly 28 months, also a 51-day high, crossed above MA200 ($62.51). The largest increase in volume.
360miq.com/stockinfo?code=AZN
● Rivian Automotive (RIVN) largely rebounded 17.3% (+$4.87), closed at $32.94, the best % gain in nearly 6 months, crossed above MA20 ($32.14).
360miq.com/stockinfo?code=RIVN
● T. Rowe Price Group (TROW) largely rebounded 16.3% (+$17.49), closed at $124.61, the best % gain in nearly 32 months, also a 53-day high, crossed above MA50 and MA200 ($109.03, $123.77).
360miq.com/stockinfo?code=TROW
● Marvell Technology Group (MRVL) largely rebounded 16.2% (+$5.94), closed at $42.65, the best % gain in 11 months, also a 24-day high, crossed above MA20 and MA50 ($39.02, $42.53).
360miq.com/stockinfo?code=MRVL
● LPL Financial (LPLA) plummeted -6% (-$15.57), closed at $242.54, the worst % loss in 6 months, crossed below MA20 ($250.93). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=LPLA
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