US Stock Market Sector Analysis – Wednesday, August 14, 2024 Sectors: BULLISH

A wave of sector-level alerts set the tone for the US stock market today as warnings around the Chip Supply Chain and Infrastructure — each down more than 13% over 20 days — pressured risk sentiment even as 14 sectors finished higher. The S&P 500 treaded water with Mag 7 (AI Spenders) modestly lagging the broader market; NVIDIA (NVDA) rose 1.7% to $117.89 while Tesla (TSLA) slid 3.1% to $201.38 and Alphabet (GOOG) declined 2.4% to $160.80. Strength concentrated in Cybersecurity and Infrastructure names drove several top movers: Vertiv (VRT) jumped 5.1% to $79.96 and CrowdStrike (CRWD) gained 3.3% to $64.06. Breadth was mixed but defensive and select growth pockets held up amid the rotation.

Market Condition Dashboard

US 10-Year Treasury Yield

Neutral

3.83%

stable

Impact

Confidence

Crude Oil (WTI)

Neutral

$76.98

-1.8% 1D

Impact

Confidence

VIX (Fear Index)

Normal Range

16.2

-10.7% 1D

Impact

Confidence

Put/Call Ratio (5D)

Caution

0.75

Call-Heavy · stable

Impact

Confidence

Signal analysis only — not investment advice

Sector Heatmap (1D)

Cybersecurity +2.78%

Infrastructure +1.98%

Healthcare +1.77%

EDA & Semiconductor IP +1.72%

Media & Entertainment +1.46%

Data Center REITs +1.25%

Finance +1.24%

Enterprise Software +0.79%

Chip Equipment +0.71%

Energy +0.64%

Defense & Aerospace +0.63%

Telecom +0.48%

IT Services +0.43%

Retail +0.27%

Hospitality & Travel +0.22%

Materials +0.15%

Industrial +0.04%

Logistics +0.01%

Biotech -0.00%

Utilities -0.13%

Mag 7 (AI Spenders) -0.47%

Chip Supply Chain -0.85%

Food & Restaurant -0.89%

Analog & Embedded Chips -1.07%

Airlines -1.86%

≤-3%0≥+3%

Sector Performance (Base=100)

AI and Technology Sector Analysis

The AI investment theme showed a bifurcated performance today as the Magnificent 7 cooled slightly overall (Mag 7 -0.5% on the day) while AI infrastructure beneficiaries held pockets of strength. NVIDIA (NVDA) at $117.89 remains the chief hardware beneficiary, supporting chip-equipment and data-center related suppliers even as broader Chip Supply Chain names struggle. Microsoft (MSFT) $410.41 and Meta (META) $523.25 continue to anchor enterprise AI demand for infrastructure and software, while Enterprise Software averages (up 0.8% today) suggest steady spend on AI-enabled apps and services.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	-0.5%	+3.7%	-4.9%	N/A
Chip Supply Chain	-0.9%	+2.9%	-12.4%	N/A
EDA & Semiconductor IP	+1.7%	+6.3%	-20.5%	N/A
Infrastructure	+2.0%	+8.1%	-13.6%	N/A
Enterprise Software	+0.8%	+3.3%	+4.8%	N/A
Finance	+1.2%	+2.8%	+1.3%	N/A
Healthcare	+1.8%	+6.3%	+6.2%	N/A
Retail	+0.3%	+2.1%	-0.1%	N/A
IT Services	+0.4%	+1.0%	+1.1%	N/A
Airlines	-1.9%	-2.3%	-13.4%	N/A
Hospitality & Travel	+0.2%	+2.9%	-10.1%	N/A
Food & Restaurant	-0.9%	+12.0%	+15.5%	N/A
Logistics	+0.0%	+0.9%	-10.1%	N/A
Industrial	+0.0%	-0.3%	-7.0%	N/A
Cybersecurity	+2.8%	+6.9%	-7.9%	N/A
Chip Equipment	+0.7%	+4.0%	-7.8%	N/A
Data Center REITs	+1.3%	+2.5%	+1.8%	N/A
Utilities	-0.1%	+0.8%	+7.4%	N/A
Energy	+0.6%	+0.5%	-5.3%	N/A
Defense & Aerospace	+0.6%	+1.8%	+10.6%	N/A
Telecom	+0.5%	+1.2%	+2.5%	N/A
Media & Entertainment	+1.5%	+2.7%	-4.0%	N/A
Biotech	-0.0%	-1.3%	-0.8%	N/A
Materials	+0.2%	-0.1%	+2.4%	N/A
Analog & Embedded Chips	-1.1%	+1.1%	-9.5%	N/A

Sector Strength

Cybersecurity +2.8% 20d: -7.9%

CrowdStrike (CRWD) +3.3% (20d: -25.3%), Zscaler (ZS) +3.1% (20d: -3.4%), Palo Alto Networks (PANW) +2.0% (20d: +4.9%)

Infrastructure +2.0% 20d: -13.6%

Vertiv (VRT) +5.1% (20d: -2.9%), Dell (DELL) +3.0% (20d: -17.6%), Super Micro (SMCI) +1.7% (20d: -28.0%)

Healthcare +1.8% 20d: +6.2%

Eli Lilly (LLY) +2.6% (20d: +9.8%), UnitedHealth (UNH) +0.9% (20d: +2.7%)

EDA & Semiconductor IP +1.7% 20d: -20.5%

ARM Holdings (ARM) +1.7% (20d: -20.5%)

Media & Entertainment +1.5% 20d: -4.0%

Netflix (NFLX) +2.1% (20d: +2.9%), Disney (DIS) +0.8% (20d: -10.8%)

Sector Warnings

Airlines -1.9% 20d: -13.4% CRITICAL

Delta (DAL) -2.1% (20d: -13.6%), United (UAL) -1.7% (20d: -13.3%)

Analog & Embedded Chips -1.1% 20d: -9.5%

Microchip Technology (MCHP) -1.3% (20d: -14.7%), Texas Instruments (TXN) -0.8% (20d: -4.4%)

Food & Restaurant -0.9% 20d: +15.5%

Starbucks (SBUX) -2.1% (20d: +26.6%), McDonald's (MCD) +0.3% (20d: +4.5%)

Chip Supply Chain -0.9% 20d: -12.4% CRITICAL

Intel (INTC) -2.7% (20d: -42.5%), TSMC (TSM) -1.4% (20d: -1.1%), Qualcomm (QCOM) -1.4% (20d: -12.7%)

Mag 7 (AI Spenders) -0.5% 20d: -4.9%

Tesla (TSLA) -3.1% (20d: -19.2%), Alphabet (GOOG) -2.4% (20d: -9.6%), Meta (META) -0.3% (20d: +10.7%)

Sector Deep Dive

Cybersecurity (sector avg +2.8% today) led sector-level gains as investors favored defensive growth tied to AI security spend. CrowdStrike (CRWD) rallied 3.3% to $64.06 and Zscaler (ZS) rose 3.1% to $183.98, each showing strength over the 50-day window labeled ABOVE for the Cybersecurity sector. The 20-day weakness in some peers versus the 50-day trend underscores rotation into scale players that are winning AI-related security mandates.

Infrastructure (sector avg +2.0% today) posted a notable bounce amid headline-driven rotation, with Vertiv (VRT) jumping 5.1% to $79.96 and Dell (DELL) up 3.0% to $100.00. Despite today's strength, Infrastructure carries a [HIGH] alert for a 20-day decline of -13.6% and the sector sits BELOW the 50-day trend, signaling that buyers are selective and chasing names tied to near-term data-center spend rather than broad cyclicals.

Chip Supply Chain (sector avg -0.5% today) remains the largest technical concern, flagged [HIGH] after a -13.5% 20-day drop. Intel (INTC) fell 2.7% to $19.92, illustrating pressure across suppliers and equipment makers while the sector is BELOW its 50-day trend. The weakness amplifies downside risk for smaller-cap supply-chain names even as leaders like NVIDIA provide demand visibility for AI chips.

Airlines (sector avg -1.9% today) continued to lag with Delta (DAL) down 2.1% to $37.82 and the group flagged [HIGH] for a -13.4% 20-day decline; the sector sits BELOW the 50-day trend. The persistent underperformance reflects a combination of capacity and demand uncertainty, making the sector a cautionary area for rotation given stretched 20-day losses across related travel segments.

Healthcare (sector avg +1.8% today) offered a defensive counterpoint as Eli Lilly (LLY) climbed 2.6% to $918.85 and the sector remains ABOVE its 50-day trend. Healthcare’s relative stability and positive 20-day performance continue to attract capital rotating out of cyclicals, with large-cap biopharma and select medical device names outperforming within the S&P 500 framework.

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 15 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 Chip Supply Chain down -12.4% over 20 days

HIGH EDA & Semiconductor IP down -20.5% over 20 days

HIGH Infrastructure down -13.6% over 20 days

HIGH Airlines down -13.4% over 20 days

HIGH Hospitality & Travel down -10.1% over 20 days

HIGH Logistics down -10.1% over 20 days

HIGH 11 sectors declining >5% over 20 days: Chip Supply Chain, EDA & Semiconductor IP, Infrastructure, Airlines, Hospitality & Travel, Logistics, Industrial, Cybersecurity, Chip Equipment, Energy, Analog & Embedded Chips

MEDIUM TSLA down -19.9% from 20-day high

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NVDA	$117.89	+1.7%	+12.5%	-2.5%	N/A	N/A	0
MSFT	$410.41	+0.7%	+3.5%	-5.3%	N/A	N/A	0
AAPL	$220.07	+0.2%	+4.1%	-1.0%	N/A	N/A	0
AMZN	$170.10	-0.1%	+2.6%	-7.4%	N/A	N/A	1
META	$523.25	-0.3%	+3.4%	+10.7%	N/A	N/A	1
GOOG	$160.80	-2.4%	-1.1%	-9.6%	N/A	N/A	1
TSLA	$201.38	-3.1%	+1.3%	-19.2%	N/A	N/A	1

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AVGO	$154.78	+1.0%	+8.2%	-1.8%	N/A	N/A	0
AMD	$140.75	-0.3%	+3.2%	-9.6%	N/A	N/A	1
MRVL	$63.45	-0.4%	+4.3%	-6.5%	N/A	N/A	1
QCOM	$160.18	-1.4%	+1.3%	-12.7%	N/A	N/A	1
TSM	$165.71	-1.4%	+3.3%	-1.1%	N/A	N/A	1
INTC	$19.92	-2.7%	-2.8%	-42.5%	N/A	N/A	1

EDA & Semiconductor IP Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ARM	$125.92	+1.7%	+6.3%	-20.5%	N/A	N/A	0

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
VRT	$79.96	+5.1%	+12.8%	-2.9%	N/A	N/A	0
DELL	$100.00	+3.0%	+12.6%	-17.6%	N/A	N/A	0
SMCI	$57.71	+1.7%	+13.2%	-28.0%	N/A	N/A	0
CSCO	$43.33	+0.2%	-0.9%	-5.4%	N/A	N/A	0
HPE	$16.92	-0.1%	+2.7%	-14.0%	N/A	N/A	1

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
PLTR	$31.00	+2.0%	+5.9%	+8.2%	N/A	N/A
ADBE	$539.79	+0.9%	+1.8%	-3.1%	N/A	N/A
CRM	$251.70	+0.3%	+2.5%	+3.2%	N/A	N/A
NOW	$163.80	+0.0%	+2.9%	+10.9%	N/A	N/A

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GS	$478.82	+1.4%	+2.7%	+2.6%	N/A	N/A	0
JPM	$201.76	+1.1%	+3.0%	+0.1%	N/A	N/A	0

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$918.85	+2.6%	+10.2%	+9.8%	N/A	N/A	0
UNH	$554.09	+0.9%	+2.4%	+2.7%	N/A	N/A	0

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WMT	$67.40	+0.8%	+1.5%	-3.0%	N/A	N/A	0
COST	$854.68	-0.2%	+2.8%	+2.9%	N/A	N/A	1

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
IBM	$183.60	+0.7%	+0.7%	+4.7%	N/A	N/A	0
ACN	$307.71	+0.2%	+1.3%	-2.5%	N/A	N/A	0

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UAL	$40.24	-1.7%	-2.3%	-13.3%	N/A	N/A	1
DAL	$37.82	-2.1%	-2.3%	-13.6%	N/A	N/A	1

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MAR	$213.08	+0.3%	+0.6%	-11.1%	N/A	N/A	0
BKNG	$140.61	+0.1%	+5.2%	-9.1%	N/A	N/A	0

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MCD	$258.65	+0.3%	-0.0%	+4.5%	N/A	N/A	0
SBUX	$89.26	-2.1%	+24.0%	+26.6%	N/A	N/A	1

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
FDX	$219.14	+0.1%	+1.7%	-7.6%	N/A	N/A	0
UPS	$111.91	-0.1%	+0.2%	-12.7%	N/A	N/A	1

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
HON	$187.21	+0.4%	-1.1%	-9.2%	N/A	N/A	0
CAT	$329.98	-0.4%	+0.4%	-4.8%	N/A	N/A	1

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
CRWD	$64.06	+3.3%	+6.5%	-25.3%	N/A	N/A
ZS	$183.98	+3.1%	+7.1%	-3.4%	N/A	N/A
PANW	$169.96	+2.0%	+7.1%	+4.9%	N/A	N/A

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
ASML	$866.20	+1.2%	+0.3%	-4.6%	N/A	N/A
LRCX	$83.10	+0.5%	+5.8%	-11.3%	N/A	N/A
AMAT	$198.29	+0.4%	+5.8%	-7.4%	N/A	N/A

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
EQIX	$806.14	+1.4%	+4.0%	+5.8%	N/A	N/A	0
DLR	$142.67	+1.1%	+1.0%	-2.2%	N/A	N/A	0

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SO	$81.66	-0.0%	+0.8%	+7.2%	N/A	N/A	1
NEE	$73.62	-0.1%	+0.6%	+8.8%	N/A	N/A	1
DUK	$105.64	-0.2%	+0.9%	+6.1%	N/A	N/A	1

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
XOM	$111.39	+0.9%	+0.9%	+0.1%	N/A	N/A	0
CVX	$132.82	+0.4%	+0.1%	-10.7%	N/A	N/A	0

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
LMT	$534.34	+0.7%	+2.1%	+18.3%	N/A	N/A
RTX	$113.42	+0.7%	+2.2%	+13.3%	N/A	N/A
GD	$282.71	+0.5%	+1.0%	+0.2%	N/A	N/A

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
TMUS	$190.20	+0.6%	+1.5%	+7.8%	N/A	N/A
T	$17.91	+0.6%	+1.2%	+2.5%	N/A	N/A
VZ	$35.87	+0.3%	+0.9%	-2.8%	N/A	N/A

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NFLX	$66.17	+2.1%	+5.0%	+2.9%	N/A	N/A	0
DIS	$84.33	+0.8%	+0.4%	-10.8%	N/A	N/A	0

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GILD	$70.00	+0.2%	-1.9%	+0.9%	N/A	N/A	0
AMGN	$303.52	-0.2%	-0.6%	-2.5%	N/A	N/A	1

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LIN	$439.67	+0.3%	+0.8%	+1.2%	N/A	N/A	0
APD	$262.78	-0.0%	-1.0%	+3.7%	N/A	N/A	1

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TXN	$186.05	-0.8%	+1.2%	-4.4%	N/A	N/A	1
MCHP	$73.97	-1.3%	+1.1%	-14.7%	N/A	N/A	1

Key Stock Movers

Today's biggest movers by absolute percentage change: Vertiv (VRT) (Infrastructure) rose 5.1% to $79.96. CrowdStrike (CRWD) (Cybersecurity) rose 3.3% to $64.06. Tesla (TSLA) (Mag 7 (AI Spenders)) fell 3.1% to $201.38. Zscaler (ZS) (Cybersecurity) rose 3.1% to $183.98. Dell (DELL) (Infrastructure) rose 3.0% to $100.00. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 7 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

Near-term market positioning should respect the elevated alert count: six [HIGH] sector alerts and 10 sectors down more than 5% over 20 days are meaningful technical cautions. Breadth metrics show 9 sectors above the 50MA and 15 below, and many key groups remain BELOW their 50-day trend, so risk-on exposure should be selective — favoring Cybersecurity and Healthcare leadership while trimming cyclical and supply-chain sensitive holdings. Watch Mag 7 leadership versus chip-supply weakness for tradeable dispersion; consider underweighting Airlines, Infrastructure, and Chip Supply Chain until 50-day trends stabilize and alert conditions ease.

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