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US Stock Market Sector Analysis – Thursday, November 21, 2024 BULLISH

Super Micro (SMCI) led today's market action with a staggeringly strong +15.1% pop after Infrastructure strength and favorable headlines, setting the tone across the US stock market. The S&P 500 finished with broad participation as 21 sectors advanced and only 3 declined, while the Magnificent 7 (AI Spenders) group slipped -1.1% on the day amid mixed earnings and rotation. Chip Equipment outperformed intraday on Lam Research (LRCX) +4.4% as demand signals lifted the supply chain, while pockets of defensive weakness left Healthcare lagging. Overall breadth favored risk-on sectors, driving gains in Infrastructure (+4.9%) and Hospitality & Travel (+2.6%).

Market Condition Dashboard

US 10-Year Treasury Yield
Wait & Watch
4.43%
rising
Impact
Confidence
Crude Oil (WTI)
Neutral
$70.10
+1.8% 1D
Impact
Confidence
VIX (Fear Index)
Normal Range
16.9
-1.7% 1D
Impact
Confidence
Tracked Stocks Breadth (50DMA)
Pause Discretionary Adds
68%
46 of 68 above 50DMA · -1.5pp 5D
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 theme shows nuanced positioning: NVIDIA (NVDA) $146.44 remains resilient with a 1d:+0.5% and 50d:+23.1% trend, anchoring confidence in chip-led AI infrastructure, while Microsoft (MSFT) $408.03 and Meta (META) $559.87 traded lower on the day as investors priced near-term execution risk (MSFT 1d:-0.4%, META 1d:-0.4%). Chip Supply Chain dispersion persists — strong demand for data-center capacity lifts select Infrastructure names like Super Micro (SMCI) $29.70, but broader Chip Equipment still wrestles with a negative 50-day posture. Enterprise Software tailwinds look constructive for AI monetization, supporting selective exposure to companies funding large-scale AI deployments.

US Stock Sector Overview

Sector 1D 5D 20D vs 50MA
Mag 7 (AI Spenders) -1.1% +1.0% +4.4% ABOVE
Chip Supply Chain +1.1% +1.5% -2.5% BELOW
Infrastructure +4.9% +17.2% +3.5% ABOVE
Enterprise Software +1.3% +0.1% +16.7% ABOVE
Finance +2.0% +0.1% +13.2% ABOVE
Healthcare -0.5% +0.7% -5.0% BELOW
Retail +2.2% +5.1% +7.2% ABOVE
IT Services +2.4% +5.3% +2.2% ABOVE
Airlines -0.4% +1.2% +21.8% ABOVE
Hospitality & Travel +2.6% +3.3% +14.1% ABOVE
Food & Restaurant +0.5% +0.1% +1.0% BELOW
Logistics +1.0% -0.3% +2.6% ABOVE
Industrial +0.9% +0.1% +5.1% ABOVE
Cybersecurity +2.2% +3.9% +13.2% ABOVE
Chip Equipment +3.3% +3.6% -5.6% BELOW
Data Center REITs +0.6% +3.6% +2.5% ABOVE
Utilities +0.6% +1.6% -3.1% BELOW
Energy +0.8% +1.7% +5.6% ABOVE
Defense & Aerospace +0.8% +0.1% -4.8% BELOW
Telecom +0.6% +1.3% +4.2% ABOVE
Media & Entertainment +1.0% +4.3% +19.8% ABOVE
Biotech +1.0% +2.3% -3.5% BELOW
Materials +0.7% +2.5% -0.3% BELOW
Analog & Embedded Chips +1.1% +2.2% -8.2% BELOW

Sector Strength

Infrastructure +4.9% 20d: +3.5%
Super Micro (SMCI) +15.1% (20d: -37.2%) [<50MA], Dell (DELL) +3.7% (20d: +13.4%), Vertiv (VRT) +2.9% (20d: +26.1%)
Chip Equipment +3.3% 20d: -5.6%
Lam Research (LRCX) +4.4% (20d: -5.9%) [<50MA], Applied Materials (AMAT) +3.3% (20d: -5.6%) [<50MA], ASML +2.1% (20d: -5.3%) [<50MA]
Hospitality & Travel +2.6% 20d: +14.1%
Booking (BKNG) +3.9% (20d: +19.9%), Marriott (MAR) +1.4% (20d: +8.4%)
IT Services +2.4% 20d: +2.2%
IBM +3.6% (20d: +4.4%), Accenture (ACN) +1.1% (20d: +0.1%)
Retail +2.2% 20d: +7.2%
Costco (COST) +3.0% (20d: +7.4%), Walmart (WMT) +1.4% (20d: +7.1%)

Sector Warnings

Mag 7 (AI Spenders) -1.1% 20d: +4.4%
Alphabet (GOOG) -4.6% (20d: +1.3%), Amazon (AMZN) -2.2% (20d: +5.6%), Tesla (TSLA) -0.7% (20d: +26.2%)
Healthcare -0.5% 20d: -5.0%
UnitedHealth (UNH) -0.5% (20d: +5.8%), Eli Lilly (LLY) -0.5% (20d: -15.9%) [<50MA]
Airlines -0.4% 20d: +21.8%
Delta (DAL) -0.5% (20d: +17.0%), United (UAL) -0.2% (20d: +26.5%)

Sector Deep Dive

Infrastructure showed leadership with a 1d:+4.9% and a powerful 5d:+17.2% run, driven by Super Micro (SMCI) $29.70 which jumped +15.1% today and sits well above its 50-day trend; Dell (DELL) $135.42 also contributed with a 1d:+3.7% gain and remains consistent with the sector's 50-day strength. The 50-day view highlights a rotation into hardware and systems for data centers as investors chase capacity and turnkey solutions, supporting the sector's multi-week breakout relative to the S&P 500.

Chip Equipment rallied on Lam Research (LRCX) $72.11, up +4.4% 1d, though the sector is flagged below its 50-day in aggregate (Chip Equipment 50d:-9.6% BELOW) and appears to be in a short-term repair phase despite today’s lift. The 50-day window shows ongoing dispersion: select names are outperforming as order visibility for high-margin tools improves, but the broader group needs sustained order momentum to reclaim its 50-day trend.

Hospitality & Travel extended its recovery with a 1d:+2.6% and Booking (BKNG) $205.57 up +3.9% today; the sector sits comfortably above the 50-day (+27.5% vs 50d ABOVE), reflecting resilient consumer travel demand heading into the seasonal period. The 50-day trend underlines a durable rebound in room rates and bookings, favoring cyclical travel exposures and operators with strong margin leverage.

Enterprise Software posted a steady 1d:+1.3% and is above its 50-day (+29.4% ABOVE), but idiosyncratic moves matter within the group — Palantir (PLTR) $61.36 was a modest laggard at -1.2% today. The 50-day frame shows the software cohort benefiting from enterprise AI budgets and recurring revenue strength; investors should watch revenue durability and margin expansion as the primary drivers for further upside.

Market Breadth Analysis

US stock market breadth analysis shows 15 of 24 sectors trading above their 50-day moving average, while 9 are below. The majority of sectors holding above the 50-day MA indicates healthy medium-term momentum. With 16 sectors positive over 20 days, buying pressure remains broad-based.

Interactive Charts

S&P 500 & NASDAQ 100

50-Day Sector Performance

1-Day vs 5-Day Sector Change

Active Alerts

HIGH 3 sectors declining >5% over 20 days: Healthcare, Chip Equipment, Analog & Embedded Chips

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
NVDA $146.44 +0.5% +3.3% +3.6% +23.1% ABOVE 0
AAPL $227.07 -0.2% +1.6% -1.1% +2.8% ABOVE 1
META $559.87 -0.4% +1.6% -1.8% +7.4% BELOW 1
MSFT $408.03 -0.4% -0.3% -3.4% -3.9% BELOW 2
TSLA $339.64 -0.7% +5.9% +26.2% +47.5% ABOVE 2
AMZN $198.38 -2.2% -2.1% +5.6% +6.4% ABOVE 2
GOOG $168.17 -4.6% -2.7% +1.3% +6.9% ABOVE 2
Chip Supply Chain Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
MRVL $92.51 +3.4% +5.8% +13.9% +24.9% ABOVE 0
INTC $24.44 +1.8% +0.4% +7.8% +24.3% ABOVE 0
TSM $187.13 +1.5% +2.8% -6.0% +10.9% ABOVE 0
QCOM $149.75 +0.8% -3.1% -8.7% -7.3% BELOW 0
AVGO $161.44 +0.4% -0.5% -5.2% -1.9% BELOW 0
AMD $137.49 -0.1% +1.9% -12.0% -9.7% BELOW 2
ARM $133.14 -0.4% +3.4% -7.4% -9.7% BELOW 1
Infrastructure Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
SMCI $29.70 +15.1% +59.8% -37.2% -35.0% BELOW 0
DELL $135.42 +3.7% +5.5% +13.4% +22.0% ABOVE 0
VRT $141.18 +2.9% +17.1% +26.1% +65.0% ABOVE 0
HPE $20.84 +2.6% +3.2% +11.7% +27.7% ABOVE 0
CSCO $55.31 +0.1% +0.2% +3.3% +16.5% ABOVE 0
Enterprise Software Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
CRM $331.53 +3.1% +3.2% +15.6% +32.1% ABOVE 0
NOW $209.41 +2.4% +3.5% +10.1% +19.1% ABOVE 0
ADBE $504.44 +1.0% +0.2% +4.3% -6.0% ABOVE 0
PLTR $61.36 -1.2% -6.7% +36.8% +72.4% ABOVE 2
Finance Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
GS $575.73 +2.4% +0.4% +16.3% +24.5% ABOVE 0
JPM $236.33 +1.7% -0.2% +10.1% +20.5% ABOVE 0
Healthcare Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
LLY $741.85 -0.5% +0.5% -15.9% -18.7% BELOW 1
UNH $573.15 -0.5% +0.9% +5.8% +0.9% ABOVE 1
Retail Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
COST $948.02 +3.0% +5.4% +7.4% +4.5% ABOVE 0
WMT $87.01 +1.4% +4.9% +7.1% +9.7% ABOVE 0
IT Services Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
IBM $213.99 +3.6% +8.5% +4.4% +4.4% ABOVE 0
ACN $348.78 +1.1% +2.1% +0.1% +3.7% ABOVE 0
Airlines Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
UAL $94.40 -0.2% +3.5% +26.5% +88.0% ABOVE 1
DAL $62.10 -0.5% -1.1% +17.0% +40.6% ABOVE 2
Hospitality & Travel Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
BKNG $205.57 +3.9% +4.7% +19.9% +32.5% ABOVE 0
MAR $279.61 +1.4% +1.9% +8.4% +22.6% ABOVE 0
Food & Restaurant Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
SBUX $96.28 +1.8% +1.7% +3.5% +2.1% ABOVE 0
MCD $276.78 -0.8% -1.4% -1.4% -2.7% BELOW 1
Logistics Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
FDX $229.41 +2.5% +0.2% +8.5% +3.1% ABOVE 0
UPS $119.22 -0.5% -0.8% -3.2% +4.5% ABOVE 3
Industrial Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
CAT $382.17 +2.1% +1.4% +0.9% +13.2% ABOVE 0
HON $216.44 -0.3% -1.3% +9.2% +11.3% ABOVE 7
Cybersecurity Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
ZS $207.30 +3.2% +2.9% +12.1% +21.9% ABOVE 0
CRWD $89.39 +2.1% +6.2% +18.9% +38.0% ABOVE 0
PANW $198.85 +1.2% +2.8% +8.5% +14.6% ABOVE 0
Chip Equipment Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
LRCX $72.11 +4.4% +4.4% -5.9% -4.7% BELOW 0
AMAT $173.58 +3.3% +4.3% -5.6% -6.5% BELOW 0
ASML $663.47 +2.1% +2.1% -5.3% -17.5% BELOW 0
Data Center REITs Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
DLR $178.17 +0.8% +4.3% +3.5% +17.9% ABOVE 0
EQIX $893.58 +0.5% +2.9% +1.5% +6.5% ABOVE 0
Utilities Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
DUK $108.97 +1.0% +2.4% -1.1% -1.2% ABOVE 0
NEE $73.48 +0.6% +1.3% -5.0% -8.6% BELOW 0
SO $83.93 +0.2% +1.1% -3.3% -0.6% BELOW 0
Energy Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
XOM $116.05 +1.3% +2.2% +2.9% +10.6% ABOVE 0
CVX $151.58 +0.2% +1.2% +8.3% +16.1% ABOVE 0
Defense & Aerospace Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
LMT $517.08 +1.4% +1.3% -3.6% -4.9% BELOW 0
RTX $117.44 +1.2% +1.7% -3.2% +1.7% BELOW 0
GD $270.73 -0.0% -2.8% -7.5% -7.7% BELOW 6
Telecom Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
VZ $37.86 +0.7% +2.0% +2.7% -2.9% BELOW 0
T $21.23 +0.7% +1.3% +5.3% +7.6% ABOVE 0
TMUS $229.75 +0.5% +0.4% +4.5% +16.6% ABOVE 0
Media & Entertainment Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
NFLX $89.75 +1.5% +8.9% +18.9% +28.8% ABOVE 0
DIS $112.11 +0.4% -0.3% +20.7% +26.7% ABOVE 0
Biotech Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
GILD $85.54 +1.3% +1.5% +0.9% +8.4% ABOVE 0
AMGN $276.74 +0.7% +3.0% -7.8% -12.1% BELOW 0
Materials Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
LIN $444.76 +1.1% +1.3% -3.9% -2.9% BELOW 0
APD $314.45 +0.3% +3.7% +3.4% +16.4% ABOVE 0
Analog & Embedded Chips Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
MCHP $63.34 +2.1% +5.8% -12.8% -14.3% BELOW 0
TXN $189.76 +0.0% -1.5% -3.6% -0.2% BELOW 0

Key Stock Movers

Today's biggest movers by absolute percentage change: Super Micro (SMCI) (Infrastructure) rose 15.1% to $29.70. Alphabet (GOOG) (Mag 7 (AI Spenders)) fell 4.6% to $168.17. Lam Research (LRCX) (Chip Equipment) rose 4.4% to $72.11. Booking (BKNG) (Hospitality & Travel) rose 3.9% to $205.57. Dell (DELL) (Infrastructure) rose 3.7% to $135.42. 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

With 15 sectors trading above their 50-day moving averages and 9 below, breadth remains constructive even as three sectors register HIGH alerts for >5% declines over 20 days (Healthcare, Chip Equipment, Analog & Embedded Chips). The S&P 500 backdrop suggests selective risk-on positioning: overweight Infrastructure and Hospitality where 50-day trends are intact, neutral on broad Mag 7 exposure while monitoring names with 50-day weakness, and underweight sectors with active 20-day deterioration. Traders should favor earnings-quality names and earnings-season momentum, use tight stops on names below their 50-day, and watch alerts for potential mean-reversion opportunities.

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