Nasdaq 100 largely retreated -1.7% (-305 pts), closed at 18003 points, the worst % loss in 1 month, fell -0.6% (-105 pts) for the week, fell 3 weeks in a row, crossed below MA20 (18145 pts).
Among the 150 largest-cap stocks, 8 (5%) closed higher. Only 20% of all Nasdaq stocks ended higher, the least for nearly 2 months.
In terms of sectors, all sectors were *down with losses from -0.5% to -2.1%. 8 sectors outperformed the market. The market was down -1.6%; Consumer Defensive was down -0.5%, but already the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -2.1%, the worst performer.
● Coinbase Global (COIN) largely retreated -6.6% (-$17.23), closed at $245.78, rose +2% (+$4.88) for the week, crossed below MA20 ($252.73). The worst performer today but with average volume.
360miq.com/stockinfo?code=COIN
● MercadoLibre (MELI) largely retreated -4.2% (-$64.06), closed at $1443.5, the worst % loss in more than 1 month, also hit a YTD low, fell -3.9% (-$58.22) for the week, fell 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=MELI
● JD.com Inc Adr (JD) largely retreated -5.9% (-$1.59), closed at $25.4, the worst % loss in 6 months, also a 22-day low, fell -2.4% (-$0.62) for the week, fell 2 weeks in a row, crossed below MA20 ($26.47).
360miq.com/stockinfo?code=JD
● ON Semiconductor (ON) largely retreated -5.6% (-$3.96), closed at $66.64, the worst % loss in more than 5 months, also hit a YTD low, fell -3.9% (-$2.68) for the week, fell 6 weeks in a row.
360miq.com/stockinfo?code=ON
360miq.com/market?data=NASDAQ#tab-3
