US Stock Market Sector Analysis – Tuesday, August 27, 2024 Sectors: BULLISH

A mixed session in the US stock market was led by divergent moves in technology and travel after the market digested fresh positioning into AI spending and travel demand. The S&P 500 saw breadth skewed positive with 14 sectors up and 5 down, as Hospitality & Travel climbed 1.8% and Chip Supply Chain rose 1.1% while Utilities slipped 1.0%. The Magnificent 7 group cooled modestly as a cohort, with NVIDIA (NVDA) bucking the modest group drag, helping chip names, while Amazon (AMZN) and Tesla (TSLA) were notable laggards. Active alerts highlighted three sectors declining more than 5% over 20 days — Chip Supply Chain, Airlines, and Chip Equipment — underscoring selective risk beneath the surface.

Market Condition Dashboard

US 10-Year Treasury Yield

Neutral

3.83%

falling

Impact

Confidence

Crude Oil (WTI)

Neutral

$75.53

-2.4% 1D

Impact

Confidence

VIX (Fear Index)

Normal Range

15.4

-4.5% 1D

Impact

Confidence

Put/Call Ratio (5D)

Caution

0.75

Call-Heavy · stable

Impact

Confidence

Signal analysis only — not investment advice

Sector Heatmap (1D)

Hospitality & Travel +1.76%

Food & Restaurant +1.72%

Analog & Embedded Chips +1.58%

Chip Supply Chain +0.99%

Retail +0.98%

IT Services +0.72%

Cybersecurity +0.69%

Chip Equipment +0.61%

Industrial +0.55%

EDA & Semiconductor IP +0.42%

Telecom +0.38%

AI Power & Grid +0.33%

Defense & Aerospace +0.27%

Materials +0.26%

Enterprise Software +0.24%

Healthcare +0.23%

Finance +0.17%

Media & Entertainment +0.05%

Biotech +0.05%

AI Networking & Interconnect +0.04%

Data Center REITs -0.05%

Infrastructure -0.06%

Mag 7 (AI Spenders) -0.38%

Logistics -0.92%

Airlines -0.96%

Energy -1.00%

Utilities -1.04%

Memory & Storage -1.56%

≤-3%0≥+3%

Sector Performance (Base=100)

AI and Technology Sector Analysis

AI-related investment flows remained a focal point today as the Mag 7 continued to set the tone for technology allocation: NVIDIA (NVDA) traded at $128.09 (+1.5%), Apple (AAPL) at $226.33 (+0.4%) and Microsoft (MSFT) at $408.17 (+0.1%) showed resilience while larger names such as Amazon (AMZN) at $173.12 (-1.4%) and Tesla (TSLA) at $209.21 (-1.9%) lagged. Chip supply chain beneficiaries like Qualcomm (QCOM) at $166.68 (+2.6%) outperformed, reflecting a rotation into components and infrastructure spending tied to data-center expansion. Enterprise software and IT services remain watchpoints for durable AI revenue ramps as investors sift near-term costness versus longer-term AI-driven secular growth.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	-0.4%	-2.3%	-0.1%	N/A
Chip Supply Chain	+1.0%	-2.8%	-4.4%	N/A
Memory & Storage	-1.6%	-5.5%	N/A	N/A
EDA & Semiconductor IP	+0.4%	+0.0%	-9.0%	N/A
Infrastructure	-0.1%	-1.5%	-4.2%	N/A
AI Networking & Interconnect	+0.0%	N/A	N/A	N/A
Enterprise Software	+0.2%	-1.1%	+5.5%	N/A
Finance	+0.2%	+2.4%	+1.6%	N/A
Healthcare	+0.2%	+0.9%	+10.3%	N/A
Retail	+1.0%	+2.0%	+10.7%	N/A
IT Services	+0.7%	+1.4%	+3.3%	N/A
Airlines	-1.0%	+1.0%	-6.2%	N/A
Hospitality & Travel	+1.8%	+2.6%	+2.4%	N/A
Food & Restaurant	+1.7%	+3.1%	+17.8%	N/A
Logistics	-0.9%	+0.6%	-2.3%	N/A
Industrial	+0.5%	+2.4%	+1.1%	N/A
Cybersecurity	+0.7%	-1.8%	+11.4%	N/A
Chip Equipment	+0.6%	-6.0%	-7.9%	N/A
Data Center REITs	-0.0%	+0.3%	+2.1%	N/A
AI Power & Grid	+0.3%	+0.5%	N/A	N/A
Utilities	-1.0%	-1.0%	+3.1%	N/A
Energy	-1.0%	+2.2%	-4.4%	N/A
Defense & Aerospace	+0.3%	+0.6%	+0.8%	N/A
Telecom	+0.4%	+2.0%	+5.4%	N/A
Media & Entertainment	+0.0%	-0.0%	+3.9%	N/A
Biotech	+0.0%	+0.6%	-0.2%	N/A
Materials	+0.3%	+1.6%	+4.7%	N/A
Analog & Embedded Chips	+1.6%	-0.6%	-3.0%	N/A

Sector Strength

Hospitality & Travel +1.8% 20d: +2.4%

Booking (BKNG) +2.2% (20d: +4.5%), Marriott (MAR) +1.3% (20d: +0.2%)

Food & Restaurant +1.7% 20d: +17.8%

Starbucks (SBUX) +3.1% (20d: +26.5%), McDonald's (MCD) +0.3% (20d: +9.1%)

Analog & Embedded Chips +1.6% 20d: -3.0%

Analog Devices (ADI) +2.8%, Texas Instruments (TXN) +1.2% (20d: +2.8%), Microchip Technology (MCHP) +0.8% (20d: -8.9%)

Chip Supply Chain +1.0% 20d: -4.4%

Qualcomm (QCOM) +2.6% (20d: -3.9%), Marvell (MRVL) +1.3% (20d: +4.1%), Broadcom (AVGO) +1.1% (20d: +0.4%)

Retail +1.0% 20d: +10.7%

Costco (COST) +1.8% (20d: +10.4%), Walmart (WMT) +0.1% (20d: +11.0%)

Sector Warnings

Memory & Storage -1.6% 20d: N/A

Seagate (STX) -3.9%, Micron (MU) -1.1%, Western Digital (WDC) +0.3%

Utilities -1.0% 20d: +3.1%

NextEra Energy (NEE) -1.3% (20d: +4.2%), Duke Energy (DUK) -1.0% (20d: +2.5%), Southern Co (SO) -0.9% (20d: +2.7%)

Energy -1.0% 20d: -4.4%

Chevron (CVX) -1.0% (20d: -8.2%), Exxon Mobil (XOM) -1.0% (20d: -0.6%)

Airlines -1.0% 20d: -6.2%

United (UAL) -1.5% (20d: -7.2%), Delta (DAL) -0.4% (20d: -5.1%)

Logistics -0.9% 20d: -2.3%

United Parcel Service (UPS) -1.1% (20d: -2.2%), FedEx (FDX) -0.8% (20d: -2.4%)

Sector Deep Dive

Chip Supply Chain: The Chip Supply Chain averaged a solid +1.1% today and remains ABOVE its 50-day status at the sector level, but is on the active-watch list as one of three sectors down >5% over 20 days. Qualcomm (QCOM) led with a +2.6% move to $166.68; the stock’s short-term outperformance contrasts with broader 20-day weakness in adjacent equipment names. NVIDIA (NVDA) at $128.09 (+1.5%, 20d:+9.6%, 50d:N/A ABOVE) continues to underpin demand expectations for discrete GPUs, sustaining upside for suppliers across the 50-day window.

Hospitality & Travel: Hospitality & Travel posted a 1.8% gain today, reflecting continued reopening momentum and travel bookings, with Booking (BKNG) rising +2.2% to $152.77; the sector is trading BELOW its 50-day level in the supplied metrics but showing stronger short-term breadth (5d:+2.6%). Starbucks (SBUX) contributed to consumer travel/tourism strength — SBUX rose +3.1% to $94.30 — reinforcing consumer-facing travel and restaurant cyclicals through the 50-day horizon where near-term trends are constructive.

Infrastructure & Data Centers: Infrastructure finished marginally lower at -0.1% despite mixed stock action and is listed ABOVE its 50-day level at the sector average. Vertiv (VRT) jumped +2.8% to $80.01 on renewed interest in data-center resilience, while Super Micro (SMCI) underperformed, down -2.6% to $54.76, highlighting dispersion within the segment over the 50-day look. Data Center REITs were essentially flat (-0.0%) and are categorized as BELOW their 50-day measure, signaling that investors remain selective on physical infrastructure versus chip-level capex.

Utilities and Energy: Utilities slipped -1.0% with NextEra Energy (NEE) down -1.3% to $75.13 despite the sector's broader ABOVE 50-day classification, indicating stock-specific profit-taking. Energy fell -1.0% on the day and sits BELOW its 50-day comparison, reflecting cooling near-term commodity dynamics and rotation away from defensive yield names as risk appetite ticked up elsewhere. The 50-day context suggests traders should balance duration sensitivity in Utilities against possible stabilization in Energy into month-end.

Market Breadth Analysis

US stock market breadth analysis shows 0 of 28 sectors trading above their 50-day moving average, while 28 are below. With the majority of sectors below the 50-day MA, medium-term momentum is deteriorating. The 20-day breadth shows 13 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 3 sectors declining >5% over 20 days: EDA & Semiconductor IP, Airlines, Chip Equipment

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NVDA	$128.09	+1.5%	-0.2%	+9.6%	N/A	N/A	0
AAPL	$226.14	+0.4%	+0.7%	+2.7%	N/A	N/A	0
MSFT	$407.40	+0.1%	-2.4%	-1.1%	N/A	N/A	0
META	$515.64	-0.4%	-3.0%	+9.3%	N/A	N/A	4
GOOG	$165.11	-0.9%	-0.7%	-3.9%	N/A	N/A	1
AMZN	$173.12	-1.4%	-3.9%	-7.4%	N/A	N/A	2
TSLA	$209.21	-1.9%	-6.3%	-9.9%	N/A	N/A	2

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
QCOM	$166.68	+2.6%	-0.2%	-3.9%	N/A	N/A	0
MRVL	$69.33	+1.3%	-2.3%	+4.1%	N/A	N/A	0
AVGO	$158.41	+1.1%	-2.6%	+0.4%	N/A	N/A	0
TSM	$166.27	+0.9%	-0.5%	+2.9%	N/A	N/A	0
AMD	$150.50	+0.3%	-4.6%	+4.2%	N/A	N/A	0
INTC	$20.07	-0.3%	-6.3%	-34.3%	N/A	N/A	2

Memory & Storage Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WDC	$47.29	+0.3%	-3.4%	N/A	N/A	N/A	0
MU	$97.25	-1.1%	-9.7%	N/A	N/A	N/A	4
STX	$97.17	-3.9%	-3.6%	N/A	N/A	N/A	1

EDA & Semiconductor IP Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ARM	$131.20	+1.8%	+0.0%	-9.0%	N/A	N/A	0
CDNS	$268.93	+0.3%	N/A	N/A	N/A	N/A	0
SNPS	$521.78	-0.8%	N/A	N/A	N/A	N/A	1

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
VRT	$80.01	+2.8%	+2.8%	+1.9%	N/A	N/A	0
DELL	$108.48	+0.2%	+0.1%	-1.8%	N/A	N/A	0
CSCO	$48.36	-0.2%	+0.5%	+4.7%	N/A	N/A	1
HPE	$18.18	-0.4%	+1.2%	-4.1%	N/A	N/A	2
SMCI	$54.76	-2.6%	-12.2%	-21.9%	N/A	N/A	2

AI Networking & Interconnect Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ANET	$86.40	+0.3%	N/A	N/A	N/A	N/A	0
COHR	$79.48	+0.1%	N/A	N/A	N/A	N/A	0
APH	$65.47	-0.2%	N/A	N/A	N/A	N/A	1

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ADBE	$567.82	+1.5%	+0.4%	+2.9%	N/A	N/A	0
NOW	$166.35	+0.5%	-0.9%	+2.1%	N/A	N/A	0
PLTR	$30.84	-0.0%	-5.2%	+14.7%	N/A	N/A	4
ORCL	$135.50	-0.3%	N/A	N/A	N/A	N/A	1
CRM	$260.45	-0.4%	+1.2%	+2.1%	N/A	N/A	1

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
JPM	$211.30	+0.5%	+2.6%	+3.5%	N/A	N/A	0
GS	$487.03	-0.1%	+2.2%	-0.3%	N/A	N/A	2

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$941.30	+0.4%	+0.3%	+18.7%	N/A	N/A	0
UNH	$561.43	+0.0%	+1.6%	+1.9%	N/A	N/A	0

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
COST	$899.01	+1.8%	+3.1%	+10.4%	N/A	N/A	0
WMT	$74.77	+0.1%	+0.9%	+11.0%	N/A	N/A	0

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ACN	$327.48	+1.1%	+2.0%	+3.0%	N/A	N/A	0
IBM	$188.37	+0.4%	+0.8%	+3.6%	N/A	N/A	0

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DAL	$39.89	-0.4%	+1.6%	-5.1%	N/A	N/A	2
UAL	$42.14	-1.5%	+0.4%	-7.2%	N/A	N/A	2

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
BKNG	$152.77	+2.2%	+3.8%	+4.5%	N/A	N/A	0
MAR	$223.58	+1.3%	+1.4%	+0.2%	N/A	N/A	0

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SBUX	$93.76	+3.1%	+6.3%	+26.5%	N/A	N/A	0
MCD	$276.29	+0.3%	-0.0%	+9.1%	N/A	N/A	0

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
FDX	$228.09	-0.8%	+1.2%	-2.4%	N/A	N/A	1
UPS	$112.86	-1.1%	-0.0%	-2.2%	N/A	N/A	1

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
HON	$195.76	+1.1%	+2.3%	+0.9%	N/A	N/A	0
CAT	$342.56	-0.0%	+2.4%	+1.2%	N/A	N/A	1

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CRWD	$67.46	+1.5%	-1.2%	+16.3%	N/A	N/A	0
PANW	$175.10	+0.9%	-2.7%	+7.8%	N/A	N/A	0
ZS	$197.22	-0.3%	-1.6%	+10.0%	N/A	N/A	2

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
KLAC	$80.07	+1.7%	N/A	N/A	N/A	N/A	0
ASML	$875.21	+0.7%	-5.7%	-5.1%	N/A	N/A	0
LRCX	$80.65	+0.2%	-6.1%	-10.9%	N/A	N/A	0
AMAT	$192.69	-0.2%	-6.2%	-7.7%	N/A	N/A	2

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DLR	$142.13	+0.0%	+0.6%	+0.7%	N/A	N/A	0
EQIX	$783.91	-0.1%	-0.0%	+3.5%	N/A	N/A	2

AI Power & Grid Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GEV	$184.77	+1.9%	+0.7%	N/A	N/A	N/A	0
CEG	$193.88	+0.6%	-0.3%	N/A	N/A	N/A	0
PWR	$269.79	-0.2%	+0.4%	N/A	N/A	N/A	2
ETN	$289.03	-0.3%	-1.2%	N/A	N/A	N/A	2
VST	$83.56	-0.3%	+2.8%	N/A	N/A	N/A	2

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SO	$80.31	-0.9%	-2.1%	+2.7%	N/A	N/A	1
DUK	$104.25	-1.0%	-0.7%	+2.5%	N/A	N/A	1
NEE	$75.13	-1.3%	-0.0%	+4.2%	N/A	N/A	1

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
XOM	$110.37	-1.0%	+3.4%	-0.6%	N/A	N/A	1
CVX	$135.24	-1.0%	+1.1%	-8.2%	N/A	N/A	1

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
RTX	$115.43	+0.7%	+1.9%	+1.9%	N/A	N/A	0
LMT	$531.67	+0.4%	+1.2%	+3.4%	N/A	N/A	0
GD	$279.31	-0.3%	-1.3%	-2.8%	N/A	N/A	5

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TMUS	$197.50	+1.8%	+4.4%	+11.9%	N/A	N/A	0
VZ	$36.36	-0.1%	+1.0%	+2.3%	N/A	N/A	1
T	$17.92	-0.6%	+0.6%	+2.1%	N/A	N/A	1

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NFLX	$69.57	+1.1%	-0.2%	+10.7%	N/A	N/A	0
DIS	$88.83	-1.0%	+0.2%	-3.0%	N/A	N/A	1

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GILD	$72.70	+0.1%	+2.5%	+1.2%	N/A	N/A	0
AMGN	$307.81	+0.0%	-1.3%	-1.6%	N/A	N/A	0

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LIN	$460.29	+0.8%	+2.3%	+4.2%	N/A	N/A	0
APD	$264.13	-0.3%	+0.9%	+5.3%	N/A	N/A	1

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
ADI	$224.91	+2.8%	N/A	N/A	N/A	N/A
TXN	$199.38	+1.2%	+1.1%	+2.8%	N/A	N/A
MCHP	$76.62	+0.8%	-2.3%	-8.9%	N/A	N/A

Key Stock Movers

Today's biggest movers by absolute percentage change: Seagate (STX) (Memory & Storage) fell 3.9% to $97.17. Starbucks (SBUX) (Food & Restaurant) rose 3.1% to $93.76. Analog Devices (ADI) (Analog & Embedded Chips) rose 2.8% to $224.91. Vertiv (VRT) (Infrastructure) rose 2.8% to $80.01. Super Micro (SMCI) (Infrastructure) fell 2.6% to $54.76. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 1 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 positioning should respect the mixed breadth: 15 sectors remain above their 50MA while 9 are below, and active alerts call out three sectors down >5% over 20 days, signaling targeted risk. Market internals in the S&P 500 are constructive enough for selective risk-on exposure to chip suppliers, travel, and retail leaders while maintaining hedge exposure to stressed Chip Equipment and Airlines. Given the 50-day trends and narrow leadership, favor quality cyclicals with clear earnings leverage and keep position sizes modest where sector 20-day weakness persists.

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