Liberty Media - NASDAQ 100 Top Performer

Published on Thursday, 17 November 2011 13:35 Written by Gerard Lerod

New York, November 17th (TradersHuddle.com) - The NASDAQ 100 Index is lower trading at 2273.61, which represents -2.18% versus its previous close. The index is having an broad decline with more than 85% of NASDAQ 100 components on the red.

Liberty Media (NASDAQ:LINTA) is the NASDAQ 100's top performer today with the stock trading at $15.93 representing 2.64% from its previous trading session. Shares of Liberty Media, the tracking stock issued by Liberty Media Corporation to track the performance of the Interactive group have defined support at $15.10 and resistance at $16.07.

First Solar (NASDAQ:FSLR) is also among the top performers, and it is trading at $44.96 representing 2.04% from its previous close. First Solar, the largest maker of thin film solar modules in the world has calculated support and resistance levels at $43.46 and $52.70 respectively. The other top performer of the NASDAQ 100 is Sirius XM (NASDAQ:SIRI), which is trading at $1.69 representing 1.81% from its previous close.

The NASDAQ 100's worst performers include NetApp (NASDAQ:NTAP) that is trading at $35.91 or -11.86% from the previous close. Shares of NetApp, the storage and data management solutions provider have defined support at $41.13 and resistance at $44.49. Also among the worst performers Applied Materials (NASDAQ:AMAT), which is trading at $11.42 representing -8.42% from the previous trading session.

The NASDAQ 100 is underperfoming the Dow Jones but is pretty much equal with the S&P 500. The Dow Jones Industrial Index is currently trading at 11772.3, which represents -1.12% from previous close, the S&P 500 on the other hand is trading at 1218.78 that represents -1.47% from its previous close.