Nasdaq 100 tumbled -3.6% (-792 pts), closed at 21209 points, the worst % loss in nearly 5 months, crossed below MA20 (21290 pts).
Among the 150 largest-cap stocks, 4 (3%) closed higher. Only 15% of all Nasdaq stocks ended higher, the least in more than 4 months.
In terms of sectors, all sectors were down with losses from -1.9% to -5.3%. 7 sectors outperformed the market. The market was down -3.5%; Consumer Defensive was down -1.9%, but already the best performer, reflecting a more risk-averse market; Consumer Cyclical was down -5.3%, the worst performer.
● Zscaler (ZS) sank -7.4% (-$14.76), closed at $185.69, the worst % loss in more than 3 months, also a 30-day low, crossed below MA50 and MA200 ($197.59, $185.83). The largest increase in volume.
360miq.com/stockinfo?code=ZS
● Robinhood Markets (HOOD) plunged -10.9% (-$4.55), closed at $37.08, the worst % loss in more than 1 month, crossed below MA20 ($38.52). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=HOOD
● Affirm (AFRM) plummeted -10.7% (-$7.55), closed at $63.34, the worst % loss in 9 months, crossed below MA20 ($68.62).
360miq.com/stockinfo?code=AFRM
● Coinbase Global (COIN) tanked -10.2% (-$31.78), closed at $279.86, the worst % loss in 1 month, also a 22-day low.
360miq.com/stockinfo?code=COIN
● Tesla (TSLA) largely retreated -8.3% (-$39.73) after a 3-day winning streak, closed at $440.13, the worst % loss in 2 months.
360miq.com/stockinfo?code=TSLA
360miq.com/market?data=NASDAQ#tab-3
