Sunday, March 1, 2020

NASDAQ Spike


The NASDAQ spiked along with the Dow and the S&P 500.

The NASDAQ Stock Exchange was created in 1971. Technology companies moving from start-ups and needing investment income chose to become public companies. Since then, non-tech companies have populated the NASDAQ to include retail, travel, auto, airlines, travel and services. There are 3300 companies listed on the NASDAQ. The average is lower than the Dow, because most of these companies have lower stock prices.

The NASDAQ has gained more notoriety and visibility lately with large gains in 2017, 2019 and 2020. The gains come primarily from internet retail, internet advertising, pharmaceuticals and healthcare.

The NASDAQ fluctuations between 8500 and 9500 are due to coronavirus disruptions. The NASDAQ closed on 12/31/19 at 8972.61 and closed on 2/28/20 at 8567.37. The lose is 405.24.  The spike to 9817.18 was a fluke.

Year       Close
2/28/20   8567.37
2/27/20   8566.48
2/19/20   9817.18
1/31/20   9150.94
1/2/20     9092.19

2019   8,972.61
2018   6,635.28
2017   6,903.39
2016   5,383.12
2015   5,007.41
2014   4,736.05
2013   4,176.59
2012   3,019.51
2011   2,605.15
2010   2,652.87
2009   2,269.15
2008   1,577.03
2007   2,652.28
2006   2,415.29
2005   2.205.32
2004   2,175.44
2003   2,003.37
2002   1,335.51
2001   1,950.40
2000   2,470.52
1999   4,069.41
1998   2,192.69
1997   1,570.35
1996   1,291.03
1995   1.052.13
1994      751.96
1993      776.80
1992      676.95
1991      586.34
1990      373.80


NASDAQ companies include on-line retail, in-store retail, internet advertising, over-subsidized healthcare, pharma, I-phones, travel, games, Facebook, entertainment and other nonessentials. It also includes necessities like food and durable goods and electronic systems.

NASDAQ 100 Companies and Pre-Crash Share Prices are listed below.
Company            Share Price
Amazon                  $2097.97
Booking Holdings   $1931.78
Alphabet                 $1489.82
Alphabet Google    $1487.63
Tesla                        $890.40
Mercadial Libra        $735.60
CoStar                     $716.24
Intuitive Surgical      $610.09
Charter                    $534.93
Regeneron Phar      $399.18
O’Reilly Auto           $391.50
Netflix                      $380.03
Adobe                     $370.55
NetEase                  $344.80
Biogen                    $336.36
Costco                    $321.50
Lam Research        $317.28
Apple                      $312.33
ASML                     $305.10
Broadcom              $303.92
Ulta Beauty            $299.50
Intuit                       $296.49
Illumina                  $296.18
Cintas                    $293.27
NVIDIA                  $293.06
Willis Towers         $288.44
ANSYS                  $287.11
IDEXX Labs           $278.11
Align Tech             $268.00
Lulu Athletics         $255.52
Vertex Pharma      $246.32
Amgen                   $223.04
Facebook              $209.78
VeriSign                $205.00
Autodesk              $200.69
Workday               $184.99
Microsoft               $178.20
ADP                      $177.85
Verisk Analytics    $168.69
Splunk                   $166.14
KLA                       $161.12
Synopsys              $149.25
PepsiCo                $145.56
Marriott                 $143.07
CDW                     $133.90
NXP Semicon       $130.24
Baidu                    $129.60
Texas Inst             $128.71
Analog Devices    $122.79
Ross Stores         $122.38
Expedia                $119.80
Fiserv                   $119.02
PayPal                  $118.89
Seattle Genetics   $117.00
Check Point          $116.34
Take Two             $116.20
Citrix                    $116.08
Skyworks             $114.74
Electronic Arts     $108.01
Microchip             $105.15
Alexion Pharm     $102.00
T-Mobile               $98.24
Copart                  $95.05
Dollar Tree           $93.60
BioMarin Pharm   $92.70
Paychex               $88.68
Xilinx                    $88.01
Starbucks             $87.16
QUALCOMM       $86.81
Incyte                   $80.90
United Airlines     $79.85
CSX                     $79.84
Cerner                 $76.07
PACCAR             $75.36
Cadence              $74.73
Xcel Energy         $71.11  
Cognizant            $69.94
Monster Bev        $69.91
Gilead                  $69.28
Western Digital    $66.98
Intel                      $64.39
Applied Matls       $63.99
Activision             $63.22
Maxim                  $61.17
Mondelez             $58.90
Micron                  $56.42
AMD                     $53.44
NetApp                 $52.10
Walgreens            $51.40
Exelon                  $49.90
Comcast               $45.87
Cisco                    $46.17
JD                         $40.43
Fastenal               $38.86
E-Bay                   $38.10
Fox                       $36.07
Trip.com               $32.90
American Airlines $27.71
Kraft Heinz           $27.22
Liberty                  $21.27
Sirius                    $7.25


Norb Leahy, Dunwoody GA Tea Party Leader

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