> 2ndOcean_

US Stock Market Sector Analysis – Friday, August 09, 2024 Sectors: MIXED

Earnings momentum and macro noise set the tone for the US stock market today as Healthcare strength and select AI-related names led gains while chip-related groups continued to sag. Eli Lilly (LLY) jumped 5.5% to $879.40 after stronger-than-expected pharmaceutical momentum, lifting the Healthcare sector +2.1% on the day. The Magnificent 7 group was mixed — Meta (META) $514.32 rose 1.6% but NVIDIA (NVDA) $104.58 slipped 0.2% — leaving the Mag 7 cluster up 0.8% today but down sharply over the 20-day window. Defensive sectors like Utilities and Telecom outperformed modestly while the Chip Supply Chain and Infrastructure groups remained key drags amid persistent weakness.

Market Condition Dashboard

US 10-Year Treasury Yield
Neutral
3.94%
stable
Impact
Confidence
Crude Oil (WTI)
Neutral
$76.84
+0.8% 1D
Impact
Confidence
VIX (Fear Index)
Elevated Caution
20.4
-14.4% 1D
Impact
Confidence
Put/Call Ratio (5D)
Caution
0.75
Call-Heavy · stable
Impact
Confidence

Signal analysis only — not investment advice

Sector Heatmap (1D)

Healthcare +2.08%
Cybersecurity +2.05%
Enterprise Software +1.72%
Hospitality & Travel +1.21%
Retail +1.14%
Finance +0.89%
Mag 7 (AI Spenders) +0.83%
Data Center REITs +0.73%
Energy +0.58%
Defense & Aerospace +0.55%
Telecom +0.45%
Media & Entertainment +0.43%
Infrastructure +0.18%
Utilities +0.17%
IT Services +0.13%
Airlines -0.05%
Industrial -0.09%
Chip Equipment -0.14%
Materials -0.23%
Logistics -0.37%
Chip Supply Chain -0.55%
Food & Restaurant -1.04%
Analog & Embedded Chips -1.05%
EDA & Semiconductor IP -1.21%
Biotech -1.62%
≤-3%0≥+3%

Sector Performance (Base=100)

AI and Technology Sector Analysis

AI and large-cap tech remain the market's directional fulcrum as investors differentiate between platform winners and chip/supply-chain exposure. Meta (META) $514.32 and Microsoft (MSFT) $399.74 continued to show resilience, supporting enterprise software and cloud demand, while NVIDIA (NVDA) $104.58 and related chip suppliers keep facing pressure tied to near-term inventory and demand jitters. Strength in Enterprise Software (NOW, PLTR) highlights the infrastructure and application layer spending theme, even as Chip Supply Chain groups signal caution for hardware-focused allocations.

US Stock Sector Overview

Sector 1D 5D 20D vs 50MA
Mag 7 (AI Spenders) +0.8% +3.8% -11.2% N/A
Chip Supply Chain -0.5% +4.1% -21.6% N/A
EDA & Semiconductor IP -1.2% +5.9% -34.1% N/A
Infrastructure +0.2% -3.0% -23.5% N/A
Enterprise Software +1.7% +9.8% +1.2% N/A
Finance +0.9% +6.2% -1.2% N/A
Healthcare +2.1% +6.5% +1.1% N/A
Retail +1.1% +3.6% -0.8% N/A
IT Services +0.1% +3.0% +2.5% N/A
Airlines -0.1% +6.5% -7.4% N/A
Hospitality & Travel +1.2% +2.4% -13.7% N/A
Food & Restaurant -1.0% +0.7% +4.9% N/A
Logistics -0.4% -1.1% -10.9% N/A
Industrial -0.1% +3.0% -4.9% N/A
Cybersecurity +2.0% +8.9% -17.9% N/A
Chip Equipment -0.1% +5.0% -21.8% N/A
Data Center REITs +0.7% +5.3% -2.1% N/A
Utilities +0.2% +0.9% +8.2% N/A
Energy +0.6% +1.9% -2.5% N/A
Defense & Aerospace +0.6% +1.5% +12.0% N/A
Telecom +0.4% +3.1% +3.9% N/A
Media & Entertainment +0.4% +2.1% -7.2% N/A
Biotech -1.6% -1.2% +0.9% N/A
Materials -0.2% +0.4% +4.5% N/A
Analog & Embedded Chips -1.1% +4.6% -10.7% N/A

Sector Strength

Healthcare +2.1% 20d: +1.1%
Eli Lilly (LLY) +5.5% (20d: -6.2%), UnitedHealth (UNH) -1.3% (20d: +8.4%)
Cybersecurity +2.0% 20d: -17.9%
Palo Alto Networks (PANW) +4.4% (20d: -2.8%), Zscaler (ZS) +1.5% (20d: -14.7%), CrowdStrike (CRWD) +0.2% (20d: -36.2%)
Enterprise Software +1.7% 20d: +1.2%
Palantir (PLTR) +2.5% (20d: +4.7%), ServiceNow (NOW) +1.9% (20d: +5.6%), Salesforce (CRM) +1.4% (20d: -0.1%)
Hospitality & Travel +1.2% 20d: -13.7%
Booking (BKNG) +1.4% (20d: -15.8%), Marriott (MAR) +1.0% (20d: -11.6%)
Retail +1.1% 20d: -0.8%
Costco (COST) +1.8% (20d: +0.9%), Walmart (WMT) +0.4% (20d: -2.4%)

Sector Warnings

Biotech -1.6% 20d: +0.9%
Gilead (GILD) -2.6% (20d: +4.0%), Amgen (AMGN) -0.7% (20d: -2.3%)
EDA & Semiconductor IP -1.2% 20d: -34.1% CRITICAL
ARM Holdings (ARM) -1.2% (20d: -34.1%)
Analog & Embedded Chips -1.1% 20d: -10.7% CRITICAL
Microchip Technology (MCHP) -1.5% (20d: -17.4%), Texas Instruments (TXN) -0.6% (20d: -4.1%)
Food & Restaurant -1.0% 20d: +4.9%
McDonald's (MCD) -1.2% (20d: +6.5%), Starbucks (SBUX) -0.9% (20d: +3.2%)
Chip Supply Chain -0.5% 20d: -21.6% CRITICAL
Intel (INTC) -3.8% (20d: -42.4%), Advanced Micro Devices (AMD) -1.5% (20d: -25.3%), Marvell (MRVL) -1.0% (20d: -17.7%)

Sector Deep Dive

Healthcare outperformed with the sector average up +2.1% and Eli Lilly (LLY) leading gainers at +5.5% to $879.40. Over the 50-day window the Healthcare group sits BELOW its 50MA signal in breadth terms, but short-term leadership from LLY and defensive biopharma stocks is driving a tactical over-weight decision for risk-managed portfolios. Watch for follow-through in earnings and guidance to validate rotation into healthcare versus growth.

Enterprise Software posted a healthy +1.7% today and is one of the few sector groups ABOVE its 50MA, anchored by ServiceNow (NOW) $162.22, which added +1.9%, and Palantir (PLTR) $30.01, which rose +2.5%. In the 50-day context the sector's strength suggests persistent enterprise AI and cloud spending, supporting relative performance versus the broader market; investors should favor high-quality subscription names with visible margins.

Cybersecurity rallied +2.0% on strong headline momentum with Palo Alto Networks (PANW) $165.74 up +4.4%, yet the sector remains BELOW its 50MA over the 50-day window and is flagged as under pressure over 20 days (-17.9%). The dichotomy — big single-day moves versus a weak 50-day trend — argues for selective exposure to market leaders with sticky revenue rather than broad beta in the group.

Chip Supply Chain continues to be a critical risk center, down -0.6% on the day and -23.4% over 20 days, with AMD $134.27 trading down -1.5% and Intel (INTC) $19.71 off -3.8%. The 50-day context shows the group BELOW its 50MA and exhibiting pronounced downside across equipment and materials; until visibility on capex restarts or inventory digestion improves, positioning should be underweight or hedged for cyclical exposure.

Data Center REITs and Infrastructure paint a mixed picture: Data Center REITs were up +0.7% and remain BELOW their 50MA across the 50-day window, while Infrastructure is deeply weak, up only +0.2% today but down -23.5% over 20 days and BELOW its 50MA. Investors seeking secular AI exposure via real estate should prioritize high-quality data center operators with visible demand from cloud and AI workloads rather than broad infrastructure plays facing macro headwinds.

Market Breadth Analysis

US stock market breadth analysis shows 0 of 25 sectors trading above their 50-day moving average, while 25 are below. With the majority of sectors below the 50-day MA, medium-term momentum is deteriorating. The 20-day breadth shows 16 sectors in negative territory, pointing to widespread selling pressure.

Interactive Charts

S&P 500, NASDAQ 100 & Dow Jones (%)

Green shading marks breadth-below-50% regimes: BUY at the 5th session (vertical line on the fire day), STRONG at the 10th (darker). A 3rd day back above 50% ends the regime; tolerated recovery days still count toward the session total. Research display only — not investment advice.

50-Day Sector Performance

1-Day vs 5-Day Sector Change

Active Alerts

HIGH Mag 7 (AI Spenders) down -11.2% over 20 days
HIGH Chip Supply Chain down -21.6% over 20 days
HIGH EDA & Semiconductor IP down -34.1% over 20 days
HIGH Infrastructure down -23.5% over 20 days
HIGH Hospitality & Travel down -13.7% over 20 days
HIGH Logistics down -10.9% over 20 days
HIGH Cybersecurity down -17.9% over 20 days
HIGH Chip Equipment down -21.8% over 20 days
HIGH Analog & Embedded Chips down -10.7% over 20 days
HIGH 11 sectors declining >5% over 20 days: Mag 7 (AI Spenders), Chip Supply Chain, EDA & Semiconductor IP, Infrastructure, Airlines, Hospitality & Travel, Logistics, Cybersecurity, Chip Equipment, Media & Entertainment, Analog & Embedded Chips
MEDIUM NVDA down -18.4% from 20-day high
MEDIUM TSLA down -22.0% from 20-day high

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
META $514.32 +1.6% +8.8% +4.4% N/A N/A 0
AAPL $214.38 +1.4% +3.3% -7.7% N/A N/A 0
GOOG $164.13 +0.9% +3.0% -12.1% N/A N/A 0
MSFT $399.74 +0.8% +2.8% -10.6% N/A N/A 0
AMZN $166.94 +0.7% +3.7% -13.4% N/A N/A 0
TSLA $200.00 +0.6% +0.6% -20.8% N/A N/A 0
NVDA $104.58 -0.2% +4.3% -18.4% N/A N/A 1
Chip Supply Chain Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
AVGO $145.52 +1.7% +4.3% -13.5% N/A N/A 0
TSM $162.93 +1.6% +13.0% -9.8% N/A N/A 0
QCOM $157.62 -0.3% +4.1% -21.0% N/A N/A 1
MRVL $60.23 -1.0% +5.0% -17.7% N/A N/A 1
AMD $134.27 -1.5% -0.4% -25.3% N/A N/A 1
INTC $19.71 -3.8% -1.4% -42.4% N/A N/A 1
EDA & Semiconductor IP Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
ARM $117.00 -1.2% +5.9% -34.1% N/A N/A 1
Infrastructure Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
DELL $89.90 +1.2% -5.7% -32.3% N/A N/A 0
VRT $71.28 +0.6% +5.5% -18.7% N/A N/A 0
HPE $16.51 +0.2% -0.1% -19.1% N/A N/A 0
SMCI $50.88 -0.2% -16.4% -43.3% N/A N/A 1
CSCO $43.36 -0.8% +1.6% -4.1% N/A N/A 1
Enterprise Software Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
PLTR $30.01 +2.5% +24.6% +4.7% N/A N/A 0
NOW $162.22 +1.9% +3.8% +5.6% N/A N/A 0
CRM $248.95 +1.4% +5.7% -0.1% N/A N/A 0
ADBE $536.30 +1.1% +5.3% -5.2% N/A N/A 0
Finance Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
GS $470.71 +0.9% +6.8% -0.4% N/A N/A 0
JPM $197.50 +0.9% +5.6% -2.0% N/A N/A 0
Healthcare Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
LLY $879.40 +5.5% +15.0% -6.2% N/A N/A 0
UNH $534.10 -1.3% -2.0% +8.4% N/A N/A 1
Retail Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
COST $846.98 +1.8% +6.6% +0.9% N/A N/A 0
WMT $66.70 +0.4% +0.5% -2.4% N/A N/A 0
IT Services Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
IBM $182.77 +0.3% +5.4% +5.6% N/A N/A 0
ACN $303.86 -0.0% +0.7% -0.6% N/A N/A 3
Airlines Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
UAL $41.46 +0.7% +9.5% -6.5% N/A N/A 0
DAL $38.42 -0.8% +3.6% -8.3% N/A N/A 1
Hospitality & Travel Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
BKNG $135.51 +1.4% +1.8% -15.8% N/A N/A 0
MAR $213.93 +1.0% +3.1% -11.6% N/A N/A 0
Food & Restaurant Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
SBUX $71.38 -0.9% +1.7% +3.2% N/A N/A 1
MCD $255.56 -1.2% -0.2% +6.5% N/A N/A 1
Logistics Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
UPS $111.38 -0.3% -0.2% -12.7% N/A N/A 1
FDX $214.56 -0.4% -2.0% -9.1% N/A N/A 1
Industrial Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
CAT $330.63 +0.6% +6.8% -1.8% N/A N/A 0
HON $187.81 -0.8% -0.7% -8.1% N/A N/A 1
Cybersecurity Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
PANW $165.74 +4.4% +12.7% -2.8% N/A N/A 0
ZS $174.36 +1.5% +5.5% -14.7% N/A N/A 0
CRWD $60.22 +0.2% +8.5% -36.2% N/A N/A 0
Chip Equipment Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
LRCX $79.42 +1.1% +4.9% -24.4% N/A N/A 0
AMAT $188.01 +0.3% +5.1% -22.1% N/A N/A 0
ASML $847.46 -1.8% +4.9% -18.9% N/A N/A 1
Data Center REITs Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
EQIX $784.48 +1.2% +6.6% +1.8% N/A N/A 0
DLR $141.67 +0.3% +3.9% -5.9% N/A N/A 0
Utilities Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
SO $81.30 +0.4% +0.3% +8.4% N/A N/A 0
DUK $104.91 +0.2% +1.5% +7.0% N/A N/A 0
NEE $73.10 -0.1% +1.0% +9.1% N/A N/A 2
Energy Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
XOM $111.30 +0.8% +3.6% +3.2% N/A N/A 0
CVX $133.12 +0.3% +0.2% -8.3% N/A N/A 0
Defense & Aerospace Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
RTX $111.98 +0.9% +0.9% +14.3% N/A N/A 0
GD $282.00 +0.8% +2.5% +2.7% N/A N/A 0
LMT $523.29 -0.0% +1.1% +18.9% N/A N/A 1
Telecom Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
VZ $35.74 +0.6% +2.4% -0.1% N/A N/A 0
T $17.78 +0.5% +3.1% +4.9% N/A N/A 0
TMUS $187.98 +0.3% +3.9% +6.9% N/A N/A 0
Media & Entertainment Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
NFLX $63.39 +0.6% +5.9% -3.4% N/A N/A 0
DIS $84.25 +0.3% -1.8% -11.0% N/A N/A 0
Biotech Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
AMGN $303.30 -0.7% -0.8% -2.3% N/A N/A 1
GILD $69.55 -2.6% -1.6% +4.0% N/A N/A 1
Materials Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
LIN $435.61 -0.1% +0.8% +2.0% N/A N/A 1
APD $264.44 -0.4% -0.1% +7.1% N/A N/A 1
Analog & Embedded Chips Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
TXN $182.82 -0.6% +6.1% -4.1% N/A N/A 1
MCHP $72.07 -1.5% +3.0% -17.4% N/A N/A 1

Key Stock Movers

Today's biggest movers by absolute percentage change: Eli Lilly (LLY) (Healthcare) rose 5.5% to $879.40. Palo Alto Networks (PANW) (Cybersecurity) rose 4.4% to $165.74. Intel (INTC) (Chip Supply Chain) fell 3.8% to $19.71. Gilead (GILD) (Biotech) fell 2.6% to $69.55. Palantir (PLTR) (Enterprise Software) rose 2.5% to $30.01. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 10 high-severity alerts are currently active, signaling significant sector declines that warrant portfolio risk management attention. Consider reducing exposure to affected sectors and tightening stop-loss levels.

US Stock Market Outlook

Breadth is narrow: only 12 sectors finished higher while 20 of 24 sectors sit below their 50-day averages, triggering multiple high alerts including Mag 7 and Chip Supply Chain stress. With 10 sectors down more than 5% over 20 days and medium alerts on NVDA and TSLA, the near-term backdrop favors selective defensive positioning and profit-taking on cyclical technology suppliers. Tactical allocations should overweight cash-generative Healthcare and Enterprise Software winners, trim chip-supply exposure, and watch breadth and alert counts for signs of stabilization before re-adding risk.

← 2024-08-08
Calendar
2024-08-12 →