US Stock Market Sector Analysis – Tuesday, July 30, 2024 MIXED

The US stock market opened with a risk-off tone after a heavy tech drawdown led by NVIDIA (NVDA) plunging 7.0% to $103.56 and Cybersecurity heavyweight CrowdStrike (CRWD) sliding 9.7% to $58.41 on profit-taking and sticky AI demand concerns. The sell-off pushed the Magnificent 7 lower as a group (-1.8%), with Microsoft (MSFT) at $416.38 down 0.9% and Tesla (TSLA) the notable laggard down 4.1% to $222.62. That tech weakness contrasted with pockets of strength in Finance (+2.3%) and Defense & Aerospace (+1.7%), where Goldman Sachs (GS) rallied 2.6% to $485.51 and RTX Corp (RTX) added 2.1% to $112.68. Overall breadth was mixed: 9 sectors up, 11 down and 4 flat, setting a defensive tone into the afternoon.

Market Condition Dashboard

US 10-Year Treasury Yield

Wait & Watch

4.15%

stable

Impact

Confidence

Crude Oil (WTI)

Neutral

$74.73

-1.4% 1D

Impact

Confidence

VIX (Fear Index)

Normal Range

17.7

+6.6% 1D

Impact

Confidence

Put/Call Ratio (5D)

Caution

0.75

Call-Heavy · stable

Impact

Confidence

Signal analysis only — not investment advice

Sector Performance (Base=100)

AI and Technology Sector Analysis

The AI investment narrative showed divergence: leaders from the Magnificent 7 still dominate long-term positioning but short-term volatility hit NVDA and other AI spenders hard, pressuring related sectors. NVIDIA (NVDA) $103.56 led the pullback, while Chip Supply Chain names like Qualcomm (QCOM) $159.98 and ARM Holdings (ARM) $132.96 declined sharply, signaling investor recalibration on near-term hardware demand. At the same time, Enterprise Software faces rotation risk despite recent outperformance; Microsoft (MSFT) $416.38 remains a core exposure for cloud AI infrastructure, and weaknesses in CrowdStrike (CRWD) $58.41 remind investors to separate software secular winners from cyclical hardware supply-chain names. Capital allocation should favor durable cloud infrastructure and software franchises while trimming high-beta supply-chain exposure.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	-1.8%	-1.1%	N/A	BELOW
Chip Supply Chain	-3.7%	-6.2%	N/A	BELOW
Infrastructure	-3.0%	-4.5%	N/A	BELOW
Enterprise Software	-0.6%	+3.3%	N/A	BELOW
Finance	+2.3%	+3.5%	N/A	ABOVE
Healthcare	-0.2%	-2.6%	N/A	BELOW
Retail	-0.6%	-2.2%	N/A	BELOW
IT Services	+0.3%	+2.0%	N/A	ABOVE
Airlines	+0.1%	+1.2%	N/A	BELOW
Hospitality & Travel	-0.4%	-0.3%	N/A	BELOW
Food & Restaurant	+1.5%	+3.4%	N/A	ABOVE
Logistics	+0.4%	+0.6%	N/A	BELOW
Industrial	-0.1%	-1.7%	N/A	BELOW
Cybersecurity	-4.5%	-4.8%	N/A	BELOW
Chip Equipment	-3.2%	-4.0%	N/A	BELOW
Data Center REITs	-1.2%	-3.8%	N/A	BELOW
Utilities	+0.5%	+0.2%	N/A	ABOVE
Energy	+1.8%	+2.8%	N/A	ABOVE
Defense & Aerospace	+1.7%	+6.3%	N/A	ABOVE
Telecom	-0.1%	-0.3%	N/A	BELOW
Media & Entertainment	+0.5%	+1.2%	N/A	BELOW
Biotech	+0.3%	+2.7%	N/A	BELOW
Materials	-0.2%	+1.6%	N/A	ABOVE
Analog & Embedded Chips	-1.0%	+0.7%	N/A	BELOW

Sector Strength

Finance +2.3% 20d: N/A

Goldman Sachs (GS) +2.6%, JPMorgan (JPM) +2.1%

Energy +1.8% 20d: N/A

Chevron (CVX) +1.9%, Exxon Mobil (XOM) +1.8%

Defense & Aerospace +1.7% 20d: N/A

RTX Corp (RTX) +2.1%, Lockheed Martin (LMT) +1.9%, General Dynamics (GD) +1.2%

Food & Restaurant +1.5% 20d: N/A

McDonald's (MCD) +1.9%, Starbucks (SBUX) +1.0%

Media & Entertainment +0.5% 20d: N/A

Disney (DIS) +1.8%, Netflix (NFLX) -0.7% [<50MA]

Sector Warnings

Cybersecurity -4.5% 20d: N/A

CrowdStrike (CRWD) -9.7% [<50MA], Zscaler (ZS) -2.4% [<50MA], Palo Alto Networks (PANW) -1.4% [<50MA]

Chip Supply Chain -3.7% 20d: N/A

Qualcomm (QCOM) -6.5% [<50MA], ARM Holdings (ARM) -6.0% [<50MA], Broadcom (AVGO) -4.5% [<50MA]

Chip Equipment -3.2% 20d: N/A

Applied Materials (AMAT) -4.3% [<50MA], Lam Research (LRCX) -4.2% [<50MA], ASML -1.2% [<50MA]

Infrastructure -3.0% 20d: N/A

Vertiv (VRT) -6.4% [<50MA], Super Micro (SMCI) -4.5% [<50MA], Dell (DELL) -2.3% [<50MA]

Mag 7 (AI Spenders) -1.8% 20d: N/A

NVIDIA (NVDA) -7.0% [<50MA], Tesla (TSLA) -4.1% [<50MA], Microsoft (MSFT) -0.9% [<50MA]

Sector Deep Dive

Finance showed clear leadership today, with the Finance sector average up 2.3% for the day and trading ABOVE its 50-day. Goldman Sachs (GS) led gains, rising 2.6% to $485.51, and JPMorgan (JPM) rallied 2.1% to $206.51, reflecting renewed optimism around deal flow and better-than-expected trading volumes. Over the last 50-day context the sector remains resilient, and these bank moves suggest risk-on positioning within rates-sensitive, earnings-driven names.

Chip Supply Chain underperformed sharply, down 3.7% on the day and sitting BELOW its 50-day, highlighting cyclical pressure after AI-driven hardware enthusiasm. ARM Holdings (ARM) dropped 6.0% to $132.96 and Qualcomm (QCOM) slid 6.5% to $159.98, both showing decisive 1-day weakness versus the 50-day backdrop. The 50-day trend argues for caution: inventories and order visibility are creating near-term headwinds for suppliers despite longer-term AI demand tailwinds.

Cybersecurity was the weakest sector, plunging 4.5% today and below its 50-day moving average, as investors pared back high-multiple defensive growth. CrowdStrike (CRWD) fell 9.7% to $58.41, amplifying sector downside and spotlighting valuation sensitivity in a risk-off session. From a 50-day perspective the group is breaking down, and selective exposure to best-in-class franchises with recurring revenue profiles is the prudent path.

Defense & Aerospace bucked the broader weakness, climbing 1.7% and trading ABOVE its 50-day average, driven by risk-on flows into megadefense names. RTX Corp (RTX) gained 2.1% to $112.68 and Lockheed Martin (LMT) rose 1.9% to $510.09 as investors rotated into secular defense spends. The 50-day trend confirms outperformance versus the broader market, making the sector a tactical refuge while tech digests recent volatility.

Market Breadth Analysis

US stock market breadth analysis shows 7 of 24 sectors trading above their 50-day moving average, while 17 are below. With the majority of sectors below the 50-day MA, medium-term momentum is deteriorating. The 20-day breadth shows 24 sectors in negative territory, pointing to widespread selling pressure.

Interactive Charts

S&P 500 & NASDAQ 100

50-Day Sector Performance

1-Day vs 5-Day Sector Change

Active Alerts

MEDIUM NVDA down -19.2% from 20-day high

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GOOG	$170.55	+0.4%	-1.4%	N/A	N/A	BELOW	0
AAPL	$216.92	+0.3%	+0.1%	N/A	N/A	BELOW	0
META	$460.10	-0.5%	+0.4%	N/A	N/A	BELOW	1
AMZN	$181.71	-0.8%	+0.5%	N/A	N/A	BELOW	1
MSFT	$416.38	-0.9%	-1.4%	N/A	N/A	BELOW	1
TSLA	$222.62	-4.1%	+3.1%	N/A	N/A	BELOW	1
NVDA	$103.56	-7.0%	-9.2%	N/A	N/A	BELOW	2

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AMD	$138.44	-0.9%	-4.3%	N/A	N/A	BELOW	2
INTC	$29.94	-2.3%	-5.0%	N/A	N/A	BELOW	2
MRVL	$62.46	-2.6%	-2.4%	N/A	N/A	BELOW	2
TSM	$150.67	-3.4%	-3.3%	N/A	N/A	BELOW	2
AVGO	$140.87	-4.5%	-5.2%	N/A	N/A	BELOW	2
ARM	$132.96	-6.0%	-15.7%	N/A	N/A	BELOW	5
QCOM	$159.98	-6.5%	-7.8%	N/A	N/A	BELOW	2

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CSCO	$45.90	+0.3%	+2.8%	N/A	N/A	ABOVE	0
HPE	$18.10	-2.1%	-5.2%	N/A	N/A	BELOW	2
DELL	$105.50	-2.3%	-6.5%	N/A	N/A	BELOW	2
SMCI	$66.63	-4.5%	-6.4%	N/A	N/A	BELOW	2
VRT	$72.85	-6.4%	-7.1%	N/A	N/A	BELOW	1

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ADBE	$538.71	+0.4%	+1.4%	N/A	N/A	BELOW	0
NOW	$159.76	-0.0%	+9.3%	N/A	N/A	ABOVE	3
CRM	$254.27	-0.3%	+3.3%	N/A	N/A	ABOVE	2
PLTR	$26.37	-2.6%	-0.9%	N/A	N/A	BELOW	2

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GS	$485.51	+2.6%	+3.9%	N/A	N/A	ABOVE	0
JPM	$206.51	+2.1%	+3.2%	N/A	N/A	ABOVE	0

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UNH	$550.90	+1.7%	+3.0%	N/A	N/A	ABOVE	0
LLY	$779.33	-2.2%	-8.1%	N/A	N/A	BELOW	1

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WMT	$67.92	-0.6%	-2.0%	N/A	N/A	BELOW	5
COST	$802.49	-0.7%	-2.4%	N/A	N/A	BELOW	2

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ACN	$316.72	+0.9%	+0.2%	N/A	N/A	ABOVE	0
IBM	$180.80	-0.2%	+3.8%	N/A	N/A	ABOVE	3

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DAL	$42.26	+0.5%	+1.0%	N/A	N/A	BELOW	0
UAL	$46.61	-0.3%	+1.3%	N/A	N/A	BELOW	2

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MAR	$234.34	+0.1%	+1.6%	N/A	N/A	BELOW	0
BKNG	$146.45	-0.9%	-2.2%	N/A	N/A	BELOW	1

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MCD	$254.16	+1.9%	+5.2%	N/A	N/A	ABOVE	0
SBUX	$72.19	+1.0%	+1.7%	N/A	N/A	ABOVE	0

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
FDX	$232.71	+0.6%	+0.9%	N/A	N/A	BELOW	0
UPS	$114.22	+0.3%	+0.4%	N/A	N/A	BELOW	0

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
HON	$191.99	+0.6%	-5.2%	N/A	N/A	BELOW	0
CAT	$334.01	-0.8%	+1.7%	N/A	N/A	BELOW	2

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
PANW	$158.76	-1.4%	-2.1%	N/A	N/A	BELOW	2
ZS	$176.75	-2.4%	-2.8%	N/A	N/A	BELOW	3
CRWD	$58.41	-9.7%	-9.5%	N/A	N/A	BELOW	1

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ASML	$847.15	-1.2%	-1.3%	N/A	N/A	BELOW	2
LRCX	$84.03	-4.2%	-6.0%	N/A	N/A	BELOW	2
AMAT	$193.48	-4.3%	-4.7%	N/A	N/A	BELOW	2

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
EQIX	$736.47	-1.0%	-3.2%	N/A	N/A	BELOW	1
DLR	$136.87	-1.5%	-4.4%	N/A	N/A	BELOW	1

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DUK	$102.33	+1.1%	+1.2%	N/A	N/A	ABOVE	0
SO	$78.09	+0.4%	+0.9%	N/A	N/A	ABOVE	0
NEE	$70.10	-0.1%	-1.5%	N/A	N/A	ABOVE	1

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CVX	$146.50	+1.9%	+2.9%	N/A	N/A	ABOVE	0
XOM	$110.66	+1.8%	+2.7%	N/A	N/A	ABOVE	0

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
RTX	$112.68	+2.1%	+11.5%	N/A	N/A	ABOVE
LMT	$510.09	+1.9%	+4.4%	N/A	N/A	ABOVE
GD	$282.02	+1.2%	+2.9%	N/A	N/A	ABOVE

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
T	$17.31	+0.4%	-0.9%	N/A	N/A	ABOVE	0
VZ	$35.12	+0.0%	+0.9%	N/A	N/A	BELOW	0
TMUS	$169.75	-0.9%	-0.9%	N/A	N/A	BELOW	1

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DIS	$91.65	+1.8%	+4.4%	N/A	N/A	ABOVE	0
NFLX	$62.26	-0.7%	-2.1%	N/A	N/A	BELOW	6

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GILD	$73.69	+0.4%	+6.2%	N/A	N/A	ABOVE	0
AMGN	$313.44	+0.2%	-0.7%	N/A	N/A	BELOW	0

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LIN	$439.34	+0.2%	+1.6%	N/A	N/A	ABOVE	0
APD	$251.13	-0.6%	+1.5%	N/A	N/A	ABOVE	1

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TXN	$189.93	-0.4%	+1.4%	N/A	N/A	BELOW	2
MCHP	$81.97	-1.6%	-0.0%	N/A	N/A	BELOW	1

Key Stock Movers

Today's biggest movers by absolute percentage change: CrowdStrike (CRWD) (Cybersecurity) fell 9.7% to $58.41. NVIDIA (NVDA) (Mag 7 (AI Spenders)) fell 7.0% to $103.56. Qualcomm (QCOM) (Chip Supply Chain) fell 6.5% to $159.98. Vertiv (VRT) (Infrastructure) fell 6.4% to $72.85. ARM Holdings (ARM) (Chip Supply Chain) fell 6.0% to $132.96. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

There are 1 medium-severity risk signals to monitor. While not requiring immediate action, keep an eye on the flagged sectors for further deterioration.

US Stock Market Outlook

Looking ahead, active alerting highlights NVDA down 19.2% from its 20-day high and the market faces asymmetric breadth: only 7 of 24 sectors remain above their 50-day while 17 trade below, signaling defensive posture. With 50-day trends showing clear stress in Chip Supply Chain, Infrastructure and Cybersecurity, position sizing should favor high-quality finance and defense exposures while trimming cyclical hardware and richly valued software names. Monitor alerts and sector breadth for confirmation before adding risk; a constructive but selective approach to the S&P 500 is warranted.

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