Nasdaq 100 rose +0.4% (+83.7 pts), closed at 22115 points, rose 3 days in a row, hit a record high, rose +2.9% (+624 pts) for the week, rose 2 weeks in a row.
Among the 150 largest-cap stocks, 69 (46%) closed higher. 52% of all Nasdaq stocks ended higher.
In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to +0.7%. only 2 sectors outperformed the market. The market was up +0.4%; Utilities was up +0.7%, the best performer, reflecting a decreasing risk appetite; Basic Materials was down -0.8%, the worst performer.
● DraftKings (DKNG) spiked +15.2% (+$7.04), closed at $53.49, rose 5 days in a row, the best % gain in more than 15 months, also hit a YTD high, rose +26.5% (+$11.21) for the week, rose 4 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=DKNG
● Airbnb Inc (ABNB) spiked +14.5% (+$20.38), closed at $161.422, rose 3 days in a row, hit a YTD high, rose +19.6% (+$26.44) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=ABNB
● Applied Materials (AMAT) largely retreated -8.2% (-$15.07), closed at $169.2, the worst % loss in nearly 3 months, also a 28-day low, fell -6% (-$10.8) for the week, fell 4 weeks in a row, crossed below MA20 and MA50 ($182.23, $175.55). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=AMAT
● Coinbase Global (COIN) largely retreated -8% (-$23.8), closed at $274.31, the worst % loss in 1 month, fell -0.07% (-$0.18) for the week, fell 3 weeks in a row, crossed below MA20 and MA50 ($285.11, $285.4).
360miq.com/stockinfo?code=COIN
360miq.com/market?data=NASDAQ#tab-3
