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Nasdaq Market Update 2023-05-12

360MiQ 0

Nasdaq 100 fell -0.4% (-49.8 pts), closed at 13340 points, rose 0.6% (+81 pts) for the week, rose 3 weeks in a row.

Among the 150 largest-cap stocks, 76 (51%) closed higher. 41% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -1.6% to 1.6%. 9 sectors outperformed the market. The market was down -0.3%; Energy was up 1.6%, the best performer; Consumer Cyclical was down -1.6%, the worst performer.

● First Solar (FSLR) soared 26.5% (+$48.48), closed at $231.67, rose 4 days in a row, hit a record high, rose 29.7% (+$53.07) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($196.26, $203.89). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=FSLR

● JD.com Inc Adr (JD) largely retreated -6.2% (-$2.33), closed at $35.3, fell -1.6% (-$0.58) for the week after a 2-week winning streak, crossed below MA20 ($35.67). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=JD

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

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