Nasdaq 100 largely rose 1.7% (+218 pts), closed at 13181 points, rose 3 days in a row, hit a YTD high, rose 3.2% (+414 pts) for the week, rose 3 weeks in a row, rose 9.5% (+1139 pts) for the month.
Among the 150 largest-cap stocks, 132 (88%) closed higher. 74% of all Nasdaq stocks ended higher, the most in nearly 2 months, good for the market.
In terms of sectors, all sectors were up with gains from 0.8% to 2.6%. 3 sectors outperformed the market. The market was up 1.7%; Consumer Cyclical was up 2.6%, the best performer, reflecting an increasing risk appetite; Energy was up 0.8%, but already the worst performer.
● Align Technology (ALGN) jumped 7.1% (+$22.15), closed at $334, rose 3 days in a row, the best % gain in nearly 2 months, rose 8.9% (+$27.3) for the week, rose 7.9% (+$24.5) for the month, crossed above MA20 ($318.83). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=ALGN
● Datadog (DDOG) spiked 7.1% (+$4.82), closed at $72.73, the best % gain in nearly 2 months, rose 11.5% (+$7.49) for the week, fell -5% (-$3.79) for the month, crossed above MA20 ($68.64).
360miq.com/stockinfo?code=DDOG
● Atlassian Corp (TEAM) surged 6.6% (+$10.53), closed at $171.12, rose 5 days in a row, rose 12% (+$18.4) for the week, rose 4.1% (+$6.79) for the month, crossed above MA20 and MA50 ($160.36, $164.99).
360miq.com/stockinfo?code=TEAM
● Tesla (TSLA) surged 6.2% (+$12.17), closed at $207.45, rose 3 days in a row, a 23-day high, rose 8.9% (+$17.04) for the week, rose 3 weeks in a row, rose 0.8% (+$1.74) for the month.
360miq.com/stockinfo?code=TSLA
● Micron Technology (MU) tanked -4.4% (-$2.76), closed at $60.33, the worst % loss in more than 3 months, fell -1.4% (-$0.83) for the week after a 2-week winning streak, rose 4.3% (+$2.51) for the month. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=MU