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Nasdaq Market Update 2024-10-18

360MiQ 0

Nasdaq 100 rose +0.7% (+134 pts), closed at 20324 points, rose 3 days in a row, rose +0.3% (+52 pts) for the week, rose 6 weeks in a row.

Among the 150 largest-cap stocks, 102 (68%) closed higher. 57% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.8% to +1%. 4 sectors outperformed the market. The market was up +0.6%; Healthcare was up +1%, the best performer; Energy was down -0.8%, the worst performer.

● MicroStrategy Incorporated (MSTR) soared +11.6% (+$22.44) after a 4-day losing streak, closed at $215.86, hit a record high, rose +1.5% (+$3.27) for the week, rose 6 weeks in a row. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=MSTR

● Netflix (NFLX) largely rebounded +11.1% (+$76.24) after a 5-day losing streak, closed at $763.89, the best % gain in nearly 1 year, also hit a record high, rose +5.7% (+$41.1) for the week, rose 6 weeks in a row, crossed above MA20 and MA50 ($714.88, $695.03). The largest increase in volume today.
360miq.com/stockinfo?code=NFLX

● Intuitive Surgical (ISRG) spiked +10% (+$47.42) after a 3-day losing streak, closed at $521.15, the best % gain in 9 months, also hit a record high, rose +7.5% (+$36.37) for the week, rose 3 weeks in a row, crossed above MA20 and MA50 ($484.81, $483.26).
360miq.com/stockinfo?code=ISRG

● Joint Stock Company Kaspi.kz American Depository Shares (KSPI) largely rebounded +7.8% (+$8.32), closed at $115.2, a 21-day high, rose +6% (+$6.54) for the week, rose 4 weeks in a row.
360miq.com/stockinfo?code=KSPI

● Vertex Pharmaceuticals (VRTX) largely retreated -3.2% (-$15.73), closed at $483, the worst % loss in more than 1 month, rose +0.3% (+$1.29) for the week, rose 2 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=VRTX

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

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