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Nasdaq Market Update 2023-08-11

360MiQ 0

Nasdaq 100 fell -0.7% (-101 pts), closed at 15028 points, a 29-day low, fell -1.6% (-247 pts) for the week, fell 2 weeks in a row.

Among the 150 largest-cap stocks, 66 (44%) closed higher, 59 of them rose with a lower volume. 44% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -1% to 0.4%. 9 sectors outperformed the market. The market was down -0.5%; Energy was up 0.4%, but already the best performer; Technology was down -1%, the worst performer.

● Liberty Media Corporation Series A Liberty SiriusXM (LSXMA) largely rebounded 3.6% (+$0.82), closed at $23.63, the best % gain in more than 1 month, rose 0.1% (+$0.03) for the week after a 2-week losing streak. The best performer today with a significant decrease in volume.
360miq.com/stockinfo?code=LSXMA

● Li Auto Inc (LI) largely retreated -5.5% (-$2.375), closed at $40.475, fell -11.7% (-$5.365) for the week after a 2-week winning streak, crossed below MA20 ($41.14). The worst performer today but with average volume.
360miq.com/stockinfo?code=LI

● JD.com Inc Adr (JD) largely retreated -5.3% (-$2.04), closed at $36.45, the worst % loss in more than 1 month, fell -6.8% (-$2.64) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($38.32, $37.2).
360miq.com/stockinfo?code=JD

● Lam Research Corp (LRCX) plunged -5% (-$34.66), closed at $651.73, the worst % loss in more than 7 months, fell -5.6% (-$38.73) for the week, fell 2 weeks in a row, crossed below MA20 ($673.99). The largest increase in volume today.
360miq.com/stockinfo?code=LRCX

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

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