Nasdaq 100 largely rose +1.7% (+350 pts) after a 5-day losing streak, closed at 21326 points, fell -0.7% (-147 pts) for the week, crossed above MA50 (21001 pts).
Among the 150 largest-cap stocks, 123 (82%) closed higher. 73% of all Nasdaq stocks ended higher, the most in more than 2 months, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to +3.3%. only 2 sectors outperformed the market. Boosting by Consumer Cyclical and Technology, The market was up +1.7%; Consumer Cyclical was up +3.3%, the best performer, reflecting a more aggressive market sentiment; Basic Materials remained unchanged, but already the worst performer.
● Mesoblast (MESO) retreated -2.4% (-$0.49), closed at $20.12, rose +14.8% (+$2.59) for the week, rose 4 weeks in a row. The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=MESO
● Charter Communications (CHTR) largely rose +2.6% (+$9), closed at $358.35, rose +2.8% (+$9.7) for the week after a 3-week losing streak. The largest increase in volume today.
360miq.com/stockinfo?code=CHTR
● MicroStrategy Incorporated (MSTR) soared +13.2% (+$39.65), closed at $339.66, the best % gain in more than 1 month, rose +2.9% (+$9.66) for the week after a 2-week losing streak, crossed above MA50 ($336.58). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=MSTR
● Arm Holdings plc ADS (ARM) spiked +10% (+$12.88), closed at $141.08, the best % gain in more than 3 months, rose +9.2% (+$11.88) for the week after a 2-week losing streak, crossed above MA20, MA50 and MA200 ($136.18, $138.58, $135.68).
360miq.com/stockinfo?code=ARM
● Adobe Systems Incorporated (ADBE) fell -2.4% (-$10.43), closed at $430.57, fell 5 days in a row, a 395-day low, fell -3.6% (-$15.91) for the week, fell 4 weeks in a row.
360miq.com/stockinfo?code=ADBE
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