Nasdaq 100 rose 0.4% (+57 pts), closed at 14355 points, rose 3 days in a row, hit a YTD high.
Among the 150 largest-cap stocks, 68 (45%) closed higher. Despite Nasdaq 100 rising 0.4%, only 45% of all Nasdaq stocks follow suit.
In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -1% to 0.9%. 3 sectors outperformed the market. The market was up 0.2%; Consumer Cyclical was up 0.9%, the best performer; Consumer Defensive, Basic Materials were down -1%, the worst performers.
● DexCom (DXCM) fell -1.3% (-$1.46), closed at $113.59, a 34-day low. The largest increase in volume.
360miq.com/stockinfo?code=DXCM
● Enphase Energy (ENPH) jumped 5.4% (+$8.94), closed at $174.14, rose 4 days in a row, the best % gain in more than 1 month, also a 23-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=ENPH
● Qualcomm Incorporated (QCOM) soared 5.1% (+$5.68), closed at $116.03, rose 3 days in a row, crossed above MA50 ($115.43).
360miq.com/stockinfo?code=QCOM
● Pinduoduo (PDD) largely retreated -5.3% (-$3.805), closed at $67.615, crossed below MA50 ($68.26). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=PDD
● NetEase (NTES) largely retreated -5.1% (-$4.54), closed at $84.97, crossed below MA20 and MA50 ($87.68, $88.54).
360miq.com/stockinfo?code=NTES