US Stock Market Sector Analysis – Friday, May 23, 2025 BEARISH

A sharp technical story dominated the US stock market today as persistent weakness in Healthcare and a pullback across the Magnificent 7 set the tone for the S&P 500. Healthcare registered two active [HIGH] alerts — down 24.1% over 20 days and down 25.8% over 50 days — pressuring overall breadth while Tech leadership cooled with the Mag 7 group sliding 1.4% on the day. Apple (AAPL) led losses among the big cap spenders, falling 3.0% to $194.50 and trading below its 50-day trend, while NVIDIA (NVDA) dipped 1.2% to $131.11 despite remaining well above the 50-day. Cyclical pockets — Energy and Utilities — posted modest gains as Chevron (CVX) and NextEra Energy (NEE) outperformed within an otherwise negative tape.

Market Condition Dashboard

US 10-Year Treasury Yield

Sell / Wait

4.51%

rising

Impact

Confidence

Crude Oil (WTI)

Neutral

$61.53

+0.5% 1D

Impact

Confidence

VIX (Fear Index)

Elevated Caution

22.3

+9.9% 1D

Impact

Confidence

200-Day Moving Average

Mixed Signals

1/3 below

SPY above (+1.0%), QQQ above (+3.3%), DIA below (-1.1%)

Impact

Confidence

Tracked Stocks Breadth (50DMA)

Late-Cycle Caution

76%

52 of 68 above 50DMA · -7.4pp 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

AI and related technology themes lost a bit of momentum today as the Mag 7 collectively fell 1.4%, indicating short-term profit taking after an extended run. Microsoft (MSFT) at $446.61 and NVIDIA (NVDA) at $131.11 remain central to the chip supply chain and infrastructure upgrades but saw 1.0% and 1.2% drags respectively, highlighting rotation risk even as enterprise demand and data center buildouts persist. Supply-chain and equipment names will be sensitive to any signs of decelerating capex, while enterprise software and cloud owners like Amazon (AMZN) $200.99 will govern the sustainability of AI-driven software revenue growth.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	-1.4%	-2.3%	+10.5%	ABOVE
Chip Supply Chain	-1.5%	-3.4%	+9.1%	ABOVE
Infrastructure	-0.8%	-3.2%	+12.8%	ABOVE
Enterprise Software	-1.4%	-3.2%	+7.0%	ABOVE
Finance	+0.0%	-1.9%	+8.4%	ABOVE
Healthcare	-0.3%	-6.0%	-24.1%	BELOW
Retail	-0.3%	-2.2%	+2.3%	ABOVE
IT Services	-1.0%	-3.4%	+7.9%	ABOVE
Airlines	-1.5%	-5.7%	+11.5%	ABOVE
Hospitality & Travel	-0.5%	-3.1%	+9.1%	ABOVE
Food & Restaurant	+0.3%	-1.2%	+0.3%	BELOW
Logistics	-1.3%	-4.0%	+1.1%	BELOW
Industrial	-0.6%	-1.9%	+11.5%	ABOVE
Cybersecurity	+1.1%	-0.3%	+8.7%	ABOVE
Chip Equipment	-1.6%	-3.4%	+9.0%	ABOVE
Data Center REITs	-0.1%	-1.3%	+3.8%	ABOVE
Utilities	+1.0%	-2.8%	-0.2%	BELOW
Energy	+0.5%	-2.3%	-2.8%	BELOW
Defense & Aerospace	-0.6%	-2.1%	+2.0%	ABOVE
Telecom	+0.7%	-1.6%	+1.8%	BELOW
Media & Entertainment	-0.7%	-1.6%	+14.2%	ABOVE
Biotech	+0.3%	-0.2%	-1.1%	BELOW
Materials	+0.1%	-1.5%	+1.3%	BELOW
Analog & Embedded Chips	-2.7%	-6.5%	+15.0%	ABOVE

Sector Strength

Cybersecurity +1.1% 20d: +8.7%

CrowdStrike (CRWD) +2.6% (20d: +7.7%), Zscaler (ZS) +0.5% (20d: +15.6%), Palo Alto Networks (PANW) +0.3% (20d: +2.9%)

Utilities +1.0% 20d: -0.2%

NextEra Energy (NEE) +1.2% (20d: +2.4%) [<50MA], Southern Co (SO) +0.9% (20d: -0.4%), Duke Energy (DUK) +0.8% (20d: -2.6%) [<50MA]

Telecom +0.7% 20d: +1.8%

T-Mobile (TMUS) +0.9% (20d: +2.6%) [<50MA], AT&T (T) +0.7% (20d: +0.6%), Verizon (VZ) +0.4% (20d: +2.2%) [<50MA]

Energy +0.5% 20d: -2.8%

Chevron (CVX) +0.9% (20d: -1.4%) [<50MA], Exxon Mobil (XOM) +0.1% (20d: -4.3%) [<50MA]

Food & Restaurant +0.3% 20d: +0.3%

Starbucks (SBUX) +0.5% (20d: +1.3%) [<50MA], McDonald's (MCD) +0.1% (20d: -0.7%)

Sector Warnings

Analog & Embedded Chips -2.7% 20d: +15.0%

Microchip Technology (MCHP) -3.2% (20d: +20.5%), Texas Instruments (TXN) -2.2% (20d: +9.5%)

Chip Equipment -1.6% 20d: +9.0%

Applied Materials (AMAT) -1.9% (20d: +4.8%), Lam Research (LRCX) -1.8% (20d: +13.3%), ASML -1.1% (20d: +8.9%)

Chip Supply Chain -1.5% 20d: +9.1%

Intel (INTC) -2.4% (20d: -2.2%) [<50MA], TSMC (TSM) -2.1% (20d: +17.5%), Marvell (MRVL) -1.9% (20d: +3.4%)

Airlines -1.5% 20d: +11.5%

United (UAL) -1.8% (20d: +8.4%), Delta (DAL) -1.2% (20d: +14.5%)

Enterprise Software -1.4% 20d: +7.0%

Salesforce (CRM) -3.6% (20d: +2.8%), Adobe (ADBE) -1.6% (20d: +10.6%), ServiceNow (NOW) -1.1% (20d: +7.1%)

Sector Deep Dive

Cybersecurity showed resilience amid the pullback in mega-cap tech, led by CrowdStrike (CRWD) which gained 2.6% to $113.90; the Cybersecurity sector is up +1.1% on the day and sits above its 50-day average (50-day context: Cybersecurity +19.9% over 50d). Investors are favoring defensive, recurring-revenue exposures as enterprises continue to prioritize cloud security for AI deployments, making CRWD a relative outperformer in the current 50-day uptrend backdrop.

Infrastructure and related hardware saw mixed activity after earnings and supply chatter hit names like Super Micro (SMCI), which declined 3.0% to $40.09; the broader Infrastructure sector is down -0.8% on the day but remains above its 50-day average (50d: +9.9%). Chip supply chain pressure also weighed on Intel (INTC), which slipped 2.4% to $20.05, reflecting short-term volatility even as the sector’s 50-day context (Chip Supply Chain +1.4% over 50d) suggests underlying resilience.

Utilities and Energy acted as safe-haven anchors with NextEra Energy (NEE) rising 1.2% to $65.32 and Chevron (CVX) up 0.9% to $131.05; Utilities and Energy are among the few sectors posting intraday strength, though Utilities remains below its 50-day with a -3.3% 50d change while Energy is more deeply negative at -9.5% over 50d. The divergence — utility defensiveness versus energy mean-reversion — argues for selective exposure where dividend stability is prioritized over cyclically exposed names.

Enterprise Software suffered notable profit taking, highlighted by Salesforce (CRM) which dropped 3.6% to $270.41 as the sector fell -1.4% on the day; Enterprise Software is above its 50-day average (50d: +15.8%), but the move underscores sensitivity to near-term subscription growth and AI monetization cadence. With the 50-day trend intact, the pullback favors tactical accumulation in names that show durable cloud margins and clear AI revenue levers.

Analog & Embedded Chips underperformed within semis as Microchip Technology (MCHP) declined 3.2% to $54.71, contributing to the sector’s -2.7% intraday move; Analog & Embedded Chips remain above their 50-day average (50d: +3.3%). The 50-day uptrend across chip segments suggests continued investor belief in secular demand from AI inferencing and edge compute even as short-term dispersion rises across the supply chain.

Market Breadth Analysis

US stock market breadth analysis shows 16 of 24 sectors trading above their 50-day moving average, while 8 are below. The majority of sectors holding above the 50-day MA indicates healthy medium-term momentum. With 20 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 Healthcare down -24.1% over 20 days

HIGH Healthcare down -25.8% over 50 days

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TSLA	$339.34	-0.5%	-0.8%	+18.7%	+35.7%	ABOVE	1
MSFT	$446.61	-1.0%	-1.9%	+15.3%	+16.1%	ABOVE	1
AMZN	$200.99	-1.0%	-2.5%	+7.1%	+1.5%	ABOVE	1
NVDA	$131.11	-1.2%	-3.2%	+20.7%	+7.9%	ABOVE	1
GOOG	$168.90	-1.4%	+1.0%	+4.4%	+1.2%	ABOVE	1
META	$624.53	-1.5%	-2.1%	+14.1%	+3.2%	ABOVE	1
AAPL	$194.50	-3.0%	-6.5%	-7.0%	-8.4%	BELOW	8

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AMD	$110.31	-0.4%	-3.9%	+14.4%	+9.3%	ABOVE	5
AVGO	$226.52	-0.8%	-0.8%	+18.8%	+17.3%	ABOVE	1
QCOM	$141.53	-1.4%	-5.4%	-1.5%	-7.2%	BELOW	3
ARM	$127.18	-1.6%	-3.7%	+13.5%	+7.8%	ABOVE	5
MRVL	$60.51	-1.9%	-3.0%	+3.4%	-11.6%	ABOVE	1
TSM	$189.19	-2.1%	-0.8%	+17.5%	+10.7%	ABOVE	1
INTC	$20.05	-2.4%	-6.2%	-2.2%	-16.6%	BELOW	5

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DELL	$110.43	+0.1%	-1.9%	+18.7%	+17.9%	ABOVE	0
VRT	$103.99	-0.1%	-2.1%	+20.9%	+19.1%	ABOVE	1
CSCO	$61.46	-0.4%	-1.3%	+11.0%	+5.0%	ABOVE	1
HPE	$16.94	-0.7%	-0.2%	+5.6%	+12.4%	ABOVE	1
SMCI	$40.09	-3.0%	-10.5%	+7.6%	-4.9%	ABOVE	5

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
PLTR	$123.31	+0.8%	-2.4%	+7.6%	+43.0%	ABOVE	0
NOW	$200.87	-1.1%	-2.1%	+7.1%	+19.0%	ABOVE	1
ADBE	$407.69	-1.6%	-3.1%	+10.6%	+3.3%	ABOVE	1
CRM	$270.41	-3.6%	-5.0%	+2.8%	-2.1%	ABOVE	1

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GS	$583.82	+0.1%	-2.2%	+9.5%	+10.6%	ABOVE	0
JPM	$254.59	+0.0%	-1.6%	+7.2%	+12.9%	ABOVE	0

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$708.70	-0.2%	-5.5%	-18.5%	-12.1%	BELOW	5
UNH	$285.83	-0.4%	-6.4%	-29.6%	-39.5%	BELOW	3

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WMT	$95.54	+0.4%	-1.8%	+1.4%	+13.5%	ABOVE	0
COST	$1002.85	-0.9%	-2.5%	+3.2%	+11.7%	ABOVE	3

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
IBM	$252.18	+0.1%	-3.6%	+10.2%	+4.8%	ABOVE	0
ACN	$301.82	-2.2%	-3.1%	+5.6%	-2.4%	ABOVE	3

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DAL	$47.24	-1.2%	-6.4%	+14.5%	+2.8%	ABOVE	1
UAL	$74.65	-1.8%	-5.0%	+8.4%	+1.3%	ABOVE	1

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
BKNG	$211.16	-0.2%	-0.8%	+9.1%	+19.4%	ABOVE	1
MAR	$255.44	-0.9%	-5.4%	+9.0%	+6.3%	ABOVE	1

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SBUX	$82.23	+0.5%	-0.2%	+1.3%	-13.4%	BELOW	0
MCD	$305.39	+0.1%	-2.1%	-0.7%	+4.9%	ABOVE	0

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
FDX	$170.11	-1.0%	-4.2%	+2.4%	-10.6%	BELOW	1
UPS	$89.23	-1.7%	-3.8%	-0.2%	-17.0%	BELOW	1

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CAT	$339.71	-0.5%	-2.6%	+11.8%	+1.6%	ABOVE	1
HON	$214.78	-0.7%	-1.3%	+11.2%	+6.5%	ABOVE	1

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
CRWD	$113.90	+2.6%	+2.5%	+7.7%	+28.8%	ABOVE
ZS	$254.10	+0.5%	+0.6%	+15.6%	+28.5%	ABOVE
PANW	$186.75	+0.3%	-3.9%	+2.9%	+2.4%	ABOVE

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ASML	$726.79	-1.1%	-2.2%	+8.9%	+2.9%	ABOVE	1
LRCX	$80.41	-1.8%	-3.3%	+13.3%	+3.0%	ABOVE	3
AMAT	$156.36	-1.9%	-4.8%	+4.8%	+1.5%	ABOVE	4

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DLR	$162.27	+0.1%	-1.6%	+4.8%	+13.2%	ABOVE	0
EQIX	$844.26	-0.4%	-1.1%	+2.8%	+3.6%	ABOVE	1

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
NEE	$65.32	+1.2%	-8.3%	+2.4%	-7.9%	BELOW
SO	$86.80	+0.9%	+0.2%	-0.4%	+0.0%	ABOVE
DUK	$112.56	+0.8%	-0.4%	-2.6%	-2.1%	BELOW

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CVX	$131.05	+0.9%	-1.4%	-1.4%	-12.0%	BELOW	0
XOM	$99.85	+0.1%	-3.2%	-4.3%	-7.1%	BELOW	0

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LMT	$453.44	-0.3%	-0.9%	-1.6%	+0.6%	ABOVE	1
RTX	$130.27	-0.8%	-3.0%	+6.6%	+2.3%	ABOVE	4
GD	$268.61	-0.8%	-2.4%	+1.0%	+5.4%	ABOVE	3

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
TMUS	$237.51	+0.9%	-0.6%	+2.6%	-5.1%	BELOW
T	$25.93	+0.7%	-2.1%	+0.6%	+4.3%	ABOVE
VZ	$39.90	+0.4%	-2.2%	+2.2%	+1.0%	BELOW

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NFLX	$118.54	-0.2%	-0.5%	+6.8%	+29.1%	ABOVE	2
DIS	$107.69	-1.3%	-2.6%	+21.7%	+11.2%	ABOVE	1

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GILD	$103.91	+0.6%	+1.1%	+1.0%	-3.7%	ABOVE	0
AMGN	$263.73	-0.1%	-1.5%	-3.2%	-12.6%	BELOW	1

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
APD	$261.17	+0.2%	-2.7%	+0.1%	-7.0%	BELOW	0
LIN	$451.37	-0.0%	-0.3%	+2.4%	+0.7%	ABOVE	1

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TXN	$171.49	-2.2%	-6.4%	+9.5%	+0.8%	ABOVE	3
MCHP	$54.71	-3.2%	-6.5%	+20.5%	+5.8%	ABOVE	3

Key Stock Movers

Today's biggest movers by absolute percentage change: Salesforce (CRM) (Enterprise Software) fell 3.6% to $270.41. Microchip Technology (MCHP) (Analog & Embedded Chips) fell 3.2% to $54.71. Apple (AAPL) (Mag 7 (AI Spenders)) fell 3.0% to $194.50. Super Micro (SMCI) (Infrastructure) fell 3.0% to $40.09. CrowdStrike (CRWD) (Cybersecurity) rose 2.6% to $113.90. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 2 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

Forward-looking, the market faces a two-speed profile: 16 sectors above their 50MA versus 8 below, but breadth is testing support as only 6 sectors advanced today. Active alerts on Healthcare (20d down -24.1%, 50d down -25.8%) are the largest immediate risk to sentiment and could keep headline volatility elevated for the S&P 500. Positioning should be tactical: trim momentum winners showing 50-day fatigue, add selectively to defensive and cash-flow resilient sectors (Utilities, select Cybersecurity names) while monitoring Mag 7 leadership for confirmation of any renewed risk-on move.

← 2025-05-22

Calendar

2025-05-27 →