Nasdaq 100 surged 2.9% (+323 pts), closed at 11619 points, the best % gain in more than 1 month, also a 23-day high, rose 0.7% (+78 pts) for the week, rose 3 weeks in a row, crossed above MA50 (11415 pts).
Among the 150 largest-cap stocks, 132 (88%) closed higher. 75% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.8% to 4.3%. 3 sectors outperformed the market. The market was up 2.7%; Communication was up 4.3%, the best performer, reflecting a more aggressive market sentiment; Healthcare was up 0.8%, but already the worst performer.
● Liberty Media Formula One Corp A (FWONA) surged 6.5% (+$3.85), closed at $62.81, the best % gain in more than 31 months, also a 106-day high, rose 4.7% (+$2.84) for the week, rose 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=FWONA
● SVB Financial Group (SIVB) surged 16.5% (+$41.34), closed at $291.38, the best % gain in more than 56 months, also a 61-day high, rose 15.3% (+$38.65) for the week, rose 5 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=SIVB
● Netflix (NFLX) largely rebounded 8.4% (+$26.66), closed at $342.44, the best % gain in more than 1 month, also a 189-day high, rose 2.9% (+$9.62) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=NFLX
● Telefonaktiebolaget LM Ericsson B ADR (ERIC) largely fell -4% (-$0.24), closed at $5.69, fell 3 days in a row, a 47-day low, fell -6.1% (-$0.37) for the week, fell 2 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=ERIC
360miq.com/market?data=NASDAQ#tab-3
