US Stock Market Sector Analysis – Thursday, August 15, 2024 Sectors: BULLISH

The US stock market rallied broadly after Infrastructure names led a risk-on push, with the Infrastructure sector jumping 6.3% intraday as Super Micro (SMCI) climbed 8.6% and Dell (DELL) added 7.1%. The move lifted 19 of 24 sectors and pushed the Mag 7 (AI Spenders) basket up 2.9%, led by NVIDIA (NVDA) +4.0% and Tesla (TSLA) +6.3%. Retail strength, highlighted by Walmart (WMT) +6.6%, and a rebound in Chip Supply Chain stocks helped offset weakness in Telecom and Data Center REITs, where Verizon (VZ) fell 2.1% and Equinix (EQIX) slipped 1.4%. Today’s market action was driven by earnings and positioning flows into AI-related infrastructure and chip suppliers, directly affecting sector analysis and S&P 500 breadth.

Market Condition Dashboard

US 10-Year Treasury Yield

Neutral

3.92%

stable

Impact

Confidence

Crude Oil (WTI)

Neutral

$78.16

+1.5% 1D

Impact

Confidence

VIX (Fear Index)

Normal Range

15.2

-5.9% 1D

Impact

Confidence

Put/Call Ratio (5D)

Caution

0.75

Call-Heavy · stable

Impact

Confidence

Signal analysis only — not investment advice

Sector Heatmap (1D)

Infrastructure +6.29%

Chip Equipment +5.30%

Airlines +4.93%

Chip Supply Chain +4.77%

Retail +4.14%

Analog & Embedded Chips +3.66%

EDA & Semiconductor IP +3.59%

Mag 7 (AI Spenders) +2.86%

Cybersecurity +2.04%

Hospitality & Travel +1.97%

Enterprise Software +1.97%

Media & Entertainment +1.56%

Industrial +1.41%

IT Services +1.25%

Food & Restaurant +1.21%

Energy +1.05%

Logistics +0.99%

Biotech +0.55%

Finance +0.34%

Defense & Aerospace +0.28%

Materials +0.08%

Healthcare +0.06%

Utilities -0.43%

Data Center REITs -1.11%

Telecom -1.93%

≤-3%0≥+3%

Sector Performance (Base=100)

AI and Technology Sector Analysis

AI infrastructure demand remains the dominant investment theme, as the Magnificent 7 continue to support the rally while investors rotate into the hardware and systems layers. NVIDIA (NVDA) $122.66 led gains in the Mag 7 today, and strong moves in Marvell (MRVL) $68.96 and Super Micro (SMCI) $62.67 underscore growing spend across the chip supply chain and systems providers. Enterprise software and cloud names like Amazon (AMZN) $177.59 show continued strength supporting AI workloads, while investors are allocating to chip equipment and related infrastructure where capacity and upgrade cycles will matter most.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	+2.9%	+5.9%	-1.3%	N/A
Chip Supply Chain	+4.8%	+8.5%	-5.3%	N/A
EDA & Semiconductor IP	+3.6%	+11.5%	-20.2%	N/A
Infrastructure	+6.3%	+14.7%	-8.4%	N/A
Enterprise Software	+2.0%	+3.5%	+6.7%	N/A
Finance	+0.3%	+2.3%	+1.9%	N/A
Healthcare	+0.1%	+4.2%	+5.7%	N/A
Retail	+4.1%	+5.2%	+4.1%	N/A
IT Services	+1.3%	+2.1%	+2.8%	N/A
Airlines	+4.9%	+2.6%	-11.1%	N/A
Hospitality & Travel	+2.0%	+3.7%	-8.7%	N/A
Food & Restaurant	+1.2%	+14.5%	+13.3%	N/A
Logistics	+1.0%	+2.3%	-9.3%	N/A
Industrial	+1.4%	+1.1%	-3.8%	N/A
Cybersecurity	+2.0%	+7.0%	-3.3%	N/A
Chip Equipment	+5.3%	+9.6%	+0.6%	N/A
Data Center REITs	-1.1%	+0.6%	+1.0%	N/A
Utilities	-0.4%	+0.2%	+6.7%	N/A
Energy	+1.0%	+1.0%	-2.3%	N/A
Defense & Aerospace	+0.3%	+1.5%	+11.9%	N/A
Telecom	-1.9%	-1.2%	+1.0%	N/A
Media & Entertainment	+1.6%	+3.8%	-1.3%	N/A
Biotech	+0.5%	+0.9%	+0.3%	N/A
Materials	+0.1%	+0.2%	+3.4%	N/A
Analog & Embedded Chips	+3.7%	+6.0%	-3.2%	N/A

Sector Strength

Infrastructure +6.3% 20d: -8.4%

Super Micro (SMCI) +8.6% (20d: -21.3%), Dell (DELL) +7.1% (20d: -12.1%), Cisco (CSCO) +6.8% (20d: +2.6%)

Chip Equipment +5.3% 20d: +0.6%

ASML Holding (ASML) +5.5% (20d: +3.9%), Lam Research (LRCX) +5.3% (20d: -2.9%), Applied Materials (AMAT) +5.1% (20d: +0.7%)

Airlines +4.9% 20d: -11.1%

United (UAL) +6.0% (20d: -11.0%), Delta (DAL) +3.9% (20d: -11.3%)

Chip Supply Chain +4.8% 20d: -5.3%

Marvell (MRVL) +8.7% (20d: +4.2%), Broadcom (AVGO) +5.4% (20d: +5.6%), Advanced Micro Devices (AMD) +4.7% (20d: -2.8%)

Retail +4.1% 20d: +4.1%

Walmart (WMT) +6.6% (20d: +3.4%), Costco (COST) +1.7% (20d: +4.8%)

Sector Warnings

Telecom -1.9% 20d: +1.0%

AT&T (T) -2.8% (20d: -0.2%), Verizon (VZ) -2.1% (20d: -3.8%), T-Mobile (TMUS) -0.9% (20d: +6.9%)

Data Center REITs -1.1% 20d: +1.0%

Equinix (EQIX) -1.4% (20d: +5.5%), Digital Realty (DLR) -0.9% (20d: -3.4%)

Utilities -0.4% 20d: +6.7%

NextEra Energy (NEE) -0.8% (20d: +7.5%), Duke Energy (DUK) -0.3% (20d: +5.8%), Southern Co (SO) -0.2% (20d: +6.9%)

Sector Deep Dive

Infrastructure posted a powerful one-day surge of 6.3% and the sector ranks among today’s biggest winners after heavy buying in systems and server stocks. Super Micro (SMCI) $62.67 led the group with an 8.6% gain, Dell (DELL) $107.06 added 7.1%, and Cisco (CSCO) $46.28 rose 6.8%. Over the 50-day window the sector is trading BELOW its 50MA, but the one-day and 5-day strength signals tactical momentum into systems suppliers as organizations accelerate AI-capex decisions.

Chip Supply Chain rallied 4.6% on the day, driven by leadership from Marvell (MRVL) $68.96 which jumped 8.7%. The group has outperformed over the last 5 days (+8.9%) despite a 20-day decline (-7.4%), and it sits ABOVE its 50MA — a sign that medium-term buyers remain engaged even as recent volatility compresses returns. Given the 50-day focus, the sector’s bounce suggests technicians will watch whether above-50MA positioning converts into sustained rotation into semiconductor suppliers.

Retail delivered a strong 4.1% advance, paced by Walmart (WMT) $71.84, which gained 6.6% and reflects resilient consumer spending in staples and value retailing. The retail group is ABOVE its 50MA and shows a positive 20-day and 50-day context in recent averages, and the 50-day trend context (ABOVE) supports a constructive stance for selective consumer names that benefit from stable margins and inventory dynamics.

Airlines jumped 4.9% on the session but remain a structural concern: the sector is BELOW its 50MA and is down 11.1% over 20 days — an active [HIGH] alert for persistent deterioration. United-style capex and cyclical demand remain uneven despite short-term rebounds, and the sharp 20-day decline argues for defensive positioning or selective exposure only after clearer 50-day trend stabilization.

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 12 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 EDA & Semiconductor IP down -20.2% over 20 days

HIGH Airlines down -11.1% over 20 days

HIGH 6 sectors declining >5% over 20 days: Chip Supply Chain, EDA & Semiconductor IP, Infrastructure, Airlines, Hospitality & Travel, Logistics

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
TSLA	$214.14	+6.3%	+7.1%	-10.5%	N/A	N/A
AMZN	$177.59	+4.4%	+6.4%	-3.0%	N/A	N/A
NVDA	$122.66	+4.0%	+17.3%	+4.2%	N/A	N/A
META	$533.75	+2.0%	+3.8%	+12.7%	N/A	N/A
AAPL	$223.05	+1.4%	+4.0%	+0.3%	N/A	N/A
MSFT	$415.26	+1.2%	+3.9%	-3.5%	N/A	N/A
GOOG	$161.93	+0.7%	-1.3%	-9.0%	N/A	N/A

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
MRVL	$68.96	+8.7%	+14.5%	+4.2%	N/A	N/A
AVGO	$163.06	+5.4%	+12.1%	+5.6%	N/A	N/A
AMD	$147.36	+4.7%	+9.7%	-2.8%	N/A	N/A
INTC	$20.69	+3.9%	+5.0%	-36.9%	N/A	N/A
QCOM	$166.11	+3.7%	+5.4%	-6.9%	N/A	N/A
TSM	$169.60	+2.3%	+4.1%	+4.9%	N/A	N/A

EDA & Semiconductor IP Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ARM	$130.44	+3.6%	+11.5%	-20.2%	N/A	N/A	0

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
SMCI	$62.67	+8.6%	+23.2%	-21.3%	N/A	N/A
DELL	$107.06	+7.1%	+19.1%	-12.1%	N/A	N/A
CSCO	$46.28	+6.8%	+6.7%	+2.6%	N/A	N/A
HPE	$17.86	+5.5%	+8.2%	-8.4%	N/A	N/A
VRT	$82.76	+3.5%	+16.1%	-2.8%	N/A	N/A

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
CRM	$259.06	+2.9%	+4.1%	+6.1%	N/A	N/A
ADBE	$554.16	+2.7%	+3.3%	+0.6%	N/A	N/A
NOW	$166.42	+1.6%	+2.6%	+10.8%	N/A	N/A
PLTR	$31.22	+0.7%	+4.0%	+9.2%	N/A	N/A

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
JPM	$203.02	+0.6%	+2.8%	+0.8%	N/A	N/A	0
GS	$479.12	+0.1%	+1.8%	+2.9%	N/A	N/A	0

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$920.03	+0.1%	+4.6%	+8.8%	N/A	N/A	0
UNH	$554.03	-0.0%	+3.7%	+2.5%	N/A	N/A	1

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WMT	$71.84	+6.6%	+7.7%	+3.4%	N/A	N/A	0
COST	$869.19	+1.7%	+2.6%	+4.8%	N/A	N/A	0

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ACN	$312.81	+1.7%	+2.9%	-1.2%	N/A	N/A	0
IBM	$185.16	+0.8%	+1.3%	+6.8%	N/A	N/A	0

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UAL	$42.66	+6.0%	+2.9%	-11.0%	N/A	N/A	0
DAL	$39.28	+3.9%	+2.2%	-11.3%	N/A	N/A	0

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MAR	$217.79	+2.2%	+1.8%	-9.0%	N/A	N/A	0
BKNG	$143.06	+1.7%	+5.6%	-8.4%	N/A	N/A	0

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MCD	$262.20	+1.4%	+2.6%	+6.8%	N/A	N/A	0
SBUX	$90.19	+1.0%	+26.4%	+19.7%	N/A	N/A	0

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UPS	$113.79	+1.7%	+2.2%	-11.5%	N/A	N/A	0
FDX	$219.80	+0.3%	+2.4%	-7.2%	N/A	N/A	0

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CAT	$337.84	+2.4%	+2.2%	-0.2%	N/A	N/A	0
HON	$188.03	+0.4%	+0.1%	-7.5%	N/A	N/A	0

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
ZS	$190.34	+3.5%	+9.2%	+1.0%	N/A	N/A
CRWD	$65.12	+1.7%	+8.1%	-14.6%	N/A	N/A
PANW	$171.63	+1.0%	+3.6%	+3.7%	N/A	N/A

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
ASML	$914.13	+5.5%	+7.9%	+3.9%	N/A	N/A
LRCX	$87.50	+5.3%	+10.2%	-2.9%	N/A	N/A
AMAT	$208.32	+5.1%	+10.8%	+0.7%	N/A	N/A

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DLR	$141.42	-0.9%	-0.2%	-3.4%	N/A	N/A	1
EQIX	$795.21	-1.4%	+1.4%	+5.5%	N/A	N/A	1

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SO	$81.49	-0.2%	+0.2%	+6.9%	N/A	N/A	2
DUK	$105.32	-0.3%	+0.4%	+5.8%	N/A	N/A	2
NEE	$73.05	-0.8%	-0.1%	+7.5%	N/A	N/A	2

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CVX	$134.78	+1.5%	+1.2%	-7.8%	N/A	N/A	0
XOM	$112.08	+0.6%	+0.7%	+3.1%	N/A	N/A	0

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GD	$284.85	+0.8%	+1.0%	+2.7%	N/A	N/A	0
RTX	$114.11	+0.6%	+1.9%	+15.1%	N/A	N/A	0
LMT	$531.56	-0.5%	+1.6%	+18.0%	N/A	N/A	1

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TMUS	$188.40	-0.9%	+0.2%	+6.9%	N/A	N/A	1
VZ	$35.12	-2.1%	-1.7%	-3.8%	N/A	N/A	1
T	$17.41	-2.8%	-2.1%	-0.2%	N/A	N/A	1

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DIS	$86.77	+2.9%	+3.0%	-7.3%	N/A	N/A	0
NFLX	$66.32	+0.2%	+4.6%	+4.7%	N/A	N/A	0

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AMGN	$306.02	+0.8%	+0.9%	-1.8%	N/A	N/A	0
GILD	$70.19	+0.3%	+0.9%	+2.5%	N/A	N/A	0

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LIN	$444.50	+1.1%	+2.0%	+2.6%	N/A	N/A	0
APD	$260.30	-0.9%	-1.6%	+4.2%	N/A	N/A	2

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MCHP	$77.00	+4.1%	+6.8%	-8.4%	N/A	N/A	0
TXN	$192.06	+3.2%	+5.1%	+2.1%	N/A	N/A	0

Key Stock Movers

Today's biggest movers by absolute percentage change: Marvell (MRVL) (Chip Supply Chain) rose 8.7% to $68.96. Super Micro (SMCI) (Infrastructure) rose 8.6% to $62.67. Dell (DELL) (Infrastructure) rose 7.1% to $107.06. Cisco (CSCO) (Infrastructure) rose 6.8% to $46.28. Walmart (WMT) (Retail) rose 6.6% to $71.84. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 3 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

Looking ahead, market participants should prioritize 50-day trend signals and breadth: 13 sectors sit above their 50MA while 11 are below, and there are two active high alerts including the Airlines 20-day weakness and five sectors with >5% 20-day declines. With 19 sectors up today and Mag 7 leadership intact, tactically overweight AI infrastructure and semiconductor supply-chain exposure while trimming Telecom and Data Center REIT risk until 50-day trends improve. Monitor alert counts and sector rotation as the S&P 500 digests earnings and positioning flows; use the 50-day as the primary confirmation for rebuilding risk.

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