Nasdaq 100 largely fell -2.1% (-454 pts), closed at 21614 points, fell -2.3% (-501 pts) for the week after a 2-week winning streak, crossed below MA20 (21694 pts).
Among the 150 largest-cap stocks, 32 (21%) closed higher. Only 24% of all Nasdaq stocks ended higher, the least in more than 1 month.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.8% to +1%. 5 sectors outperformed the market, the market internal was more negative. The market was down -2%; Consumer Defensive was up +1%, the best performer, reflecting a more risk-averse market; Energy was down -2.8%, the worst performer.
● MercadoLibre (MELI) soared +7.1% (+$149.53), closed at $2260, the best % gain in more than 6 months, also hit a record high, rose +7.1% (+$150.01) for the week, rose 6 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=MELI
● PDD (PDD) surged +5.6% (+$6.93), closed at $131.34, hit a YTD high, rose +5.8% (+$7.18) for the week, rose 6 weeks in a row.
360miq.com/stockinfo?code=PDD
● Old Dominion Freight Line (ODFL) tanked -8.5% (-$16.85), closed at $180.4, fell 3 days in a row, the worst % loss in nearly 10 months, also a 27-day low, fell -12.6% (-$25.94) for the week after a 2-week winning streak, crossed below MA20, MA50 and MA200 ($195.08, $190.64, $192.98). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=ODFL
● Coinbase Global (COIN) tanked -8.3% (-$21.21), closed at $235.38, fell 5 days in a row, the worst % loss in 2 months, also hit a YTD low, fell -14.2% (-$38.93) for the week, fell 4 weeks in a row, crossed below MA200 ($235.63).
360miq.com/stockinfo?code=COIN
● Constellation Energy Corp (CEG) tumbled -8.1% (-$24.98), closed at $284.44, fell 3 days in a row, fell -10.4% (-$32.86) for the week after a 2-week winning streak.
360miq.com/stockinfo?code=CEG
● MicroStrategy Incorporated (MSTR) largely retreated -7.5% (-$24.23), closed at $299.69, the worst % loss in more than 1 month, also hit a YTD low, fell -11.3% (-$38.04) for the week.
360miq.com/stockinfo?code=MSTR
360miq.com/market?data=NASDAQ#tab-3
