Nasdaq 100 largely rose +1.6% (+287 pts), closed at 17718 points, the best % gain in 2 months, rose +4% (+680 pts) for the week after a 4-week losing streak.
Among the 150 largest-cap stocks, 100 (67%) closed higher. 65% of all Nasdaq stocks ended higher.
In terms of sectors, 8 sectors closed up, 2 sectors closed down, 2 sectors remained unchanged, ranging from -0.9% to +6.2%. only 1 sector outperformed the market. Boosting by Communication, The market was up +2.5%; Communication was up +6.2%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -0.9%, the worst performer.
● Alphabet Inc Class A (GOOGL) largely rebounded +10.2% (+$15.94), closed at $171.94, the best % gain in 105 months, also hit a record high, rose +11.6% (+$17.85) for the week. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=GOOGL
● DexCom (DXCM) tumbled -9.9% (-$13.635) after a 4-day winning streak, closed at $124.375, the worst % loss in 23 months, also a 36-day low, fell -4.8% (-$6.335) for the week, fell 3 weeks in a row, crossed below MA20 and MA50 ($135.88, $130.71). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=DXCM
● Atlassian Corp (TEAM) tanked -9.5% (-$18.79), closed at $179.62, fell 3 days in a row, the worst % loss in nearly 3 months, also hit a YTD low, fell -6.2% (-$11.93) for the week, fell 2 weeks in a row, crossed below MA20 ($196.93). The largest increase in volume today.
360miq.com/stockinfo?code=TEAM
● Intel (INTC) largely retreated -9.2% (-$3.23), closed at $31.88, the worst % loss in nearly 3 months, also hit a YTD low, fell -6.8% (-$2.32) for the week, fell 4 weeks in a row.
360miq.com/stockinfo?code=INTC
360miq.com/market?data=NASDAQ#tab-3
