Nasdaq 100 slightly rose 0.07% (+11.9 pts), closed at 16833 points, rose 6 days in a row, rose 3.2% (+527 pts) for the week.
Among the 150 largest-cap stocks, 78 (52%) closed higher. For 4 days in a row, Nasdaq 100 rose but more than half of Nasdaq stocks ended lower. Today, 47% of all Nasdaq stocks rose with the index. The market is tiring.
In terms of sectors, 7 sectors closed up, the market internal was more positive, 3 sectors closed down, 2 sectors remained unchanged, ranging from -1.3% to 1.5%. 7 sectors outperformed the market. The market remained unchanged; Energy was up 1.5%, the best performer; Consumer Cyclical was down -1.3%, the worst performer.
● Coinbase Global (COIN) sank -7.3% (-$10.375), closed at $130.785, fell 4 days in a row, a 28-day low, fell -15.1% (-$23.195) for the week, fell 3 weeks in a row, crossed below MA50 ($131.33). The worst performer today but with average volume.
360miq.com/stockinfo?code=COIN
● MercadoLibre (MELI) largely rose 4.2% (+$66.48), closed at $1658.16, the best % gain in more than 2 months, also a 545-day high, rose 7.8% (+$119.33) for the week after a 3-week losing streak. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=MELI
● Cognizant Technology Solutions Corp Class A (CTSH) largely rose 4.1% (+$3.08), closed at $77.96, rose 3 days in a row, the best % gain in more than 5 months, also a 424-day high, rose 7% (+$5.12) for the week.
360miq.com/stockinfo?code=CTSH
● Baidu (BIDU) largely retreated -7% (-$8.2), closed at $109.12, the worst % loss in 10 months, also a 36-day low, fell -7.6% (-$9.03) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($115.46, $113.74). The largest increase in volume today.
360miq.com/stockinfo?code=BIDU
360miq.com/market?data=NASDAQ#tab-3
