Nasdaq 100 largely rose +1.7% (+350 pts), closed at 21441 points, rose +2.8% (+593 pts) for the week after a 2-week losing streak, crossed above MA20 and MA50 (21237 pts, 21166 pts).
Among the 150 largest-cap stocks, 115 (77%) closed higher. 63% of all Nasdaq stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors remained unchanged, ranging from 0% to +2.3%. only 2 sectors outperformed the market. Boosting by Consumer Cyclical and Technology, The market was up +1.5%; Consumer Cyclical was up +2.3%, the best performer, reflecting a more aggressive market sentiment; Industrials, Energy remained unchanged, but already the worst performers.
● JD.com Inc Adr (JD) surged +10.1% (+$3.58), closed at $39, rose 5 days in a row, the best % gain in more than 1 month, also a 24-day high, rose +17.8% (+$5.9) for the week, crossed above MA50 ($36.32). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=JD
● Intel (INTC) spiked +9.3% (+$1.83), closed at $21.49, the best % gain in more than 4 months, also a 28-day high, rose +12.2% (+$2.34) for the week, crossed above MA20 ($19.9).
360miq.com/stockinfo?code=INTC
● Natera (NTRA) plummeted -6% (-$10.14), closed at $158.36, fell -9.5% (-$16.64) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($164.55, $161). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=NTRA
360miq.com/market?data=NASDAQ#tab-3
