Nasdaq 100 slightly rebounded 0.05% (+7.1 pts) after a 3-day losing streak, closed at 14701 points, fell -3.3% (-501 pts) for the week, fell 3 weeks in a row.
Among the 150 largest-cap stocks, 74 (49%) closed higher. 45% of all Nasdaq stocks ended higher.
In terms of sectors, 3 sectors closed up, 7 sectors closed down, 2 sectors remained unchanged, the market internal was more negative, ranging from -0.9% to 0.3%. 3 sectors outperformed the market. The market remained unchanged; Basic Materials, Energy, Technology were up 0.3%, but already the best performers; Consumer Cyclical was down -0.9%, the worst performer.
● Rivian Automotive (RIVN) sank -4.4% (-$0.94), closed at $20.59, fell 5 days in a row, the worst % loss in 1 month, fell -14.8% (-$3.59) for the week. The worst performer today but with average volume.
360miq.com/stockinfo?code=RIVN
● Activision Blizzard (ATVI) rose 1.7% (+$1.59), closed at $93.94, the best % gain in 2 months, also hit a YTD high, rose 2.3% (+$2.12) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=ATVI
● NetEase (NTES) largely rebounded 5.2% (+$5.01) after a 5-day losing streak, closed at $101.81, the best % gain in more than 3 months, rose 0.3% (+$0.31) for the week, rose 2 weeks in a row, crossed above MA20 ($100.99). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=NTES
● Tesla (TSLA) largely fell -4.2% (-$10.8), closed at $244.9, fell 3 days in a row, fell -10.7% (-$29.49) for the week after a 4-week winning streak.
360miq.com/stockinfo?code=TSLA