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Nasdaq Market Update 2023-03-01

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Nasdaq 100 fell -0.9% (-103 pts), closed at 11939 points, a 20-day low, is testing MA200 (11904 pts).

Among the 150 largest-cap stocks, 58 (39%) closed higher. 46% of all Nasdaq stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -1.5% to 1.8%. 6 sectors outperformed the market. The market was down -0.5%; Energy was up 1.8%, the best performer; Utilities was down -1.5%, the worst performer.

● Zoom Video Communications (ZM) largely retreated -6.6% (-$4.94), closed at $69.65, the worst % loss in more than 3 months, also a 23-day low, crossed below MA50 ($72.14). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=ZM

● First Solar (FSLR) soared 15.6% (+$26.38), closed at $195.52, rose 3 days in a row, the best % gain in nearly 64 months, also hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=FSLR

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

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