Nasdaq 100 rose +1.3% (+250 pts), closed at 19575 points, fell -0.7% (-146 pts) for the week after a 3-week winning streak, rose +1.1% (+213 pts) for the month, crossed above MA50 (19473 pts).
Among the 150 largest-cap stocks, 124 (83%) closed higher. 61% of all Nasdaq stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.4% to +2.7%. only 2 sectors outperformed the market. The market was up +1%; Consumer Cyclical was up +2.7%, the best performer, reflecting an increasing risk appetite; Energy was down -0.4%, but already the worst performer.
● Arch Capital Group (ACGLO) fell -1.9% (-$0.46) after a 5-day winning streak, closed at $23.17, the worst % loss in more than 9 months, fell -1.4% (-$0.32) for the week after a 2-week winning streak, rose +2.1% (+$0.48) for the month, crossed below MA20 ($23.24). The largest increase in volume today.
360miq.com/stockinfo?code=ACGLO
● MongoDB (MDB) surged +18.4% (+$45.15), closed at $290.87, the best % gain in nearly 15 months, also a 63-day high, rose +17.5% (+$43.26) for the week, rose +15.3% (+$38.51) for the month, crossed above MA50 ($247.48). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=MDB
● Intel (INTC) jumped +9.5% (+$1.92), closed at $22.05, the best % gain in 22 months, also a 20-day high, rose +7.4% (+$1.51) for the week, fell -27.8% (-$8.5) for the month, crossed above MA20 ($20.34).
360miq.com/stockinfo?code=INTC
● Marvell Technology Group (MRVL) soared +8.9% (+$6.24), closed at $76.075, the best % gain in 15 months, also a 63-day high, rose +5.9% (+$4.23) for the week, rose 4 weeks in a row, rose +13.6% (+$9.09) for the month.
360miq.com/stockinfo?code=MRVL
● Alnylam Pharmaceuticals (ALNY) largely retreated -8.4% (-$24.235) after a 3-day winning streak, closed at $262.775, the worst % loss in more than 6 months, fell -3.6% (-$9.865) for the week, rose +10.7% (+$25.31) for the month, crossed below MA20 ($271.18). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=ALNY
360miq.com/market?data=NASDAQ#tab-3
