Nasdaq 100 fell -1.4% (-166 pts), closed at 11830 points, a 30-day low, fell -3.8% (-461 pts) for the week, crossed below MA50 and MA200 (11887 pts, 11903 pts).
Among the 150 largest-cap stocks, 24 (16%) closed higher. Only 16% of all Nasdaq stocks ended higher, the least for nearly 9 months.
In terms of sectors, all sectors were down with losses from -0.7% to -3.2%. 5 sectors outperformed the market. The market was down -1.7%; Consumer Defensive was down -0.7%, but already the best performer, reflecting a more conservative market sentiment; Financial was down -3.2%, the worst performer.
● Fifth Third Bancorp (FITB) largely fell -4.2% (-$1.32), closed at $30.37, fell 5 days in a row, hit a YTD low, fell -16.2% (-$5.86) for the week, fell 5 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=FITB
● Intel (INTC) largely rose 3.1% (+$0.81), closed at $27.25, rose 3 days in a row, rose 3.2% (+$0.85) for the week, rose 2 weeks in a row, crossed above MA20 ($26.54). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=INTC
● Atlassian Corp (TEAM) sank -8.4% (-$14.2), closed at $155.79, the worst % loss in more than 2 months, also a 30-day low, fell -12.2% (-$21.74) for the week, crossed below MA50 ($158.41). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=TEAM
360miq.com/market?data=NASDAQ#tab-3
