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Nasdaq Market Update 2022-11-18

360MiQ 0

Nasdaq 100 , closed at 11677 points, fell -1.2% (-140 pts) for the week.

Among the 150 largest-cap stocks, 94 (63%) closed higher. 52% of all Nasdaq stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -1.6% to 2.4%. 8 sectors outperformed the market. The market remained unchanged; Utilities was up 2.4%, the best performer, reflecting a more conservative market sentiment; Energy was down -1.6%, the worst performer.

● Rivian Automotive (RIVN) tanked -5.4% (-$1.72), closed at $30.35, fell 3 days in a row, fell -13% (-$4.55) for the week. The worst performer today but with average volume.
360miq.com/stockinfo?code=RIVN

● Ross Stores (ROST) soared 9.8% (+$9.6), closed at $107.53, the best % gain in 2 years, also a 147-day high, rose 11.8% (+$11.36) for the week, rose 2 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=ROST

● Palo Alto Networks (PANW) largely rebounded 7% (+$10.97), closed at $167.53, rose 1.3% (+$2.21) for the week, rose 2 weeks in a row, crossed above MA20 and MA50 ($160.79, $165.02).
360miq.com/stockinfo?code=PANW

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

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