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Nasdaq Market Update 2024-09-11

360MiQ 0

Nasdaq 100 largely rose +2.2% (+408 pts), closed at 19237 points, rose 3 days in a row, is testing MA20 (19293 pts).

Among the 150 largest-cap stocks, 102 (68%) closed higher. 53% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.3% to +3.4%. only 1 sector outperformed the market. Boosting by Technology, The market was up +2.1%; Technology was up +3.4%, the best performer, reflecting a more aggressive market sentiment; Energy was down -0.3%, but already the worst performer.

● Cincinnati Financial (CINF) fell -2.5% (-$3.47), closed at $133.97, the worst % loss in 1 month, is testing MA20 ($133.94). The worst performer but with average volume.
360miq.com/stockinfo?code=CINF

● First Solar (FSLR) soared +15.2% (+$31.62), closed at $239.84, the best % gain in more than 3 months, also a 51-day high, crossed above MA20 and MA50 ($222.68, $220.62). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=FSLR

● Applovin Corp (APP) jumped +13.2% (+$11.34), closed at $97.57, the best % gain in 1 month, also hit a YTD high, crossed above MA20 ($88.53).
360miq.com/stockinfo?code=APP

● Hologic (HOLX) fell -2.4% (-$1.95), closed at $80.01, the worst % loss in nearly 5 months, crossed below MA20 ($80.92).
360miq.com/stockinfo?code=HOLX

360miq.com/market?data=NASDAQ#tab-3

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