Nasdaq 100 slightly rose +0.05% (+10.6 pts), closed at 22176 points, rose 5 days in a row, hit a record high.
Among the 150 largest-cap stocks, 82 (55%) closed higher. 45% of all Nasdaq stocks ended higher.
In terms of sectors, 7 sectors closed up, the market internal was more positive, 5 sectors closed down, ranging from -1.1% to +1.3%. 5 sectors outperformed the market. The market was up +0.1%; Energy was up +1.3%, the best performer; Industrials was down -1.1%, the worst performer.
● Microchip Technology (MCHP) soared +9.9% (+$5.73), closed at $63.59, rose 7 days in a row, the best % gain in more than 27 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MCHP
● Analog Devices (ADI) jumped +9.7% (+$21.44), closed at $241.66, rose 5 days in a row, the best % gain in nearly 9 months, also hit a record high, crossed above MA200 ($220.78).
360miq.com/stockinfo?code=ADI
● Super Micro Computer (SMCI) soared +7.8% (+$4.38), closed at $60.25, rose 5 days in a row, hit a YTD high.
360miq.com/stockinfo?code=SMCI
● Axon Enterprise (AXON) largely retreated -16.4% (-$116.59), closed at $593.42, a 21-day low, crossed below MA20 and MA50 ($652.05, $628.9). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=AXON
● Cadence Design Systems (CDNS) largely retreated -8.8% (-$26.39), closed at $274.04, hit a YTD low, crossed below MA200 ($288.98). The largest increase in volume.
360miq.com/stockinfo?code=CDNS
360miq.com/market?data=NASDAQ#tab-3
