US Stock Market Sector Analysis – Thursday, September 19, 2024 BULLISH

On September 19, 2024, the US stock market showed broad strength with 19 of 24 sectors posting gains. Chip Equipment led the advance (+5.1%), while Utilities (-1.1%) was the weakest performer. The Magnificent 7 averaged +3.5% on the day, led by Tesla (TSLA) (+7.4%) with Alphabet (GOOG) (+1.5%) lagging. At the individual stock level, Tesla (TSLA) (+7.4%) posted the biggest gain and NextEra Energy (NEE) (-2.4%) saw the largest decline. Looking at the 20-day trend, 20 sectors remain in positive territory while 4 are negative, suggesting the medium-term uptrend is intact.

Market Condition Dashboard

US 10-Year Treasury Yield

Neutral

3.73%

falling

Impact

Confidence

Crude Oil (WTI)

Neutral

$71.95

+1.5% 1D

Impact

Confidence

VIX (Fear Index)

Normal Range

16.3

-10.4% 1D

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 averaged +3.2% today across the four core technology sectors: Magnificent 7, Chip Supply Chain, Infrastructure, and Enterprise Software. Of these, 4 are trading above their 50-day moving average. The biggest AI stock movers were Tesla (TSLA) ($244, +7.4%), AMD ($157, +5.7%), Salesforce (CRM) ($263, +5.4%). Over 20 days, the majority of AI-related sectors remain in positive territory, indicating sustained institutional interest in the semiconductor and artificial intelligence trade.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	+3.5%	+3.0%	+4.3%	ABOVE
Chip Supply Chain	+3.8%	+1.8%	+5.6%	ABOVE
Infrastructure	+2.4%	+4.0%	+0.8%	ABOVE
Enterprise Software	+3.4%	+2.7%	+6.2%	ABOVE
Finance	+2.7%	+4.1%	-0.5%	BELOW
Healthcare	+0.2%	-1.7%	-2.0%	ABOVE
Retail	-0.2%	-2.4%	+2.9%	ABOVE
IT Services	-0.4%	-2.3%	+5.3%	ABOVE
Airlines	-0.1%	+4.5%	+22.2%	ABOVE
Hospitality & Travel	+1.1%	+3.8%	+8.0%	ABOVE
Food & Restaurant	+0.7%	-1.3%	+3.5%	ABOVE
Logistics	+0.9%	+4.4%	+3.4%	ABOVE
Industrial	+3.1%	+3.9%	+5.4%	BELOW
Cybersecurity	+2.5%	+1.6%	-4.5%	BELOW
Chip Equipment	+5.1%	+2.9%	-5.3%	BELOW
Data Center REITs	+0.8%	-0.0%	+6.3%	ABOVE
Utilities	-1.1%	-1.8%	+3.5%	ABOVE
Energy	+1.0%	+3.7%	+0.3%	BELOW
Defense & Aerospace	+0.5%	-0.4%	+2.2%	ABOVE
Telecom	-0.0%	-1.3%	+6.3%	ABOVE
Media & Entertainment	+0.9%	+2.1%	+3.1%	ABOVE
Biotech	+0.5%	+1.2%	+7.5%	ABOVE
Materials	+0.3%	+0.7%	+3.4%	ABOVE
Analog & Embedded Chips	+3.3%	+2.7%	+0.3%	BELOW

Sector Strength

Chip Equipment +5.1% 20d: -5.3%

Applied Materials (AMAT) +5.7% (20d: -1.7%) [<50MA], ASML +5.1% (20d: -8.8%) [<50MA], Lam Research (LRCX) +4.4% (20d: -5.3%) [<50MA]

Chip Supply Chain +3.8% 20d: +5.6%

AMD +5.7% (20d: +3.3%), TSMC (TSM) +5.3% (20d: +6.3%), Marvell (MRVL) +4.7% (20d: +9.1%)

Mag 7 (AI Spenders) +3.5% 20d: +4.3%

Tesla (TSLA) +7.4% (20d: +15.8%), NVIDIA (NVDA) +4.0% (20d: -4.7%), Meta (META) +3.9% (20d: +5.2%)

Enterprise Software +3.4% 20d: +6.2%

Salesforce (CRM) +5.4% (20d: +3.0%), Adobe (ADBE) +3.6% (20d: -5.6%) [<50MA], ServiceNow (NOW) +3.2% (20d: +12.0%)

Analog & Embedded Chips +3.3% 20d: +0.3%

Texas Instruments (TXN) +3.4% (20d: +1.9%), Microchip Technology (MCHP) +3.2% (20d: -1.2%) [<50MA]

Sector Warnings

Utilities -1.1% 20d: +3.5%

NextEra Energy (NEE) -2.4% (20d: +4.9%), Duke Energy (DUK) -0.6% (20d: +2.7%), Southern Co (SO) -0.2% (20d: +2.8%)

IT Services -0.4% 20d: +5.3%

IBM -0.5% (20d: +9.1%), Accenture (ACN) -0.3% (20d: +1.4%)

Sector Deep Dive

The Chip Equipment sector gained 5.1% on the session. Key movers included Applied Materials (AMAT) ($193.82, +5.7%), ASML ($815.56, +5.1%), Lam Research (LRCX) ($77.80, +4.4%). Over 20 days, the sector is down -5.3%, extending its decline.

The Chip Supply Chain sector gained 3.8% on the session. Key movers included AMD ($156.74, +5.7%), TSMC (TSM) ($172.44, +5.3%), Marvell (MRVL) ($74.48, +4.7%). Over 20 days, the sector is up +5.6%, maintaining its uptrend.

The Mag 7 (AI Spenders) sector gained 3.5% on the session. Key movers included Tesla (TSLA) ($243.92, +7.4%), NVIDIA (NVDA) ($117.69, +4.0%), Meta (META) ($555.90, +3.9%). Over 20 days, the sector is up +4.3%, maintaining its uptrend.

The IT Services sector declined 0.4% on the session. Key movers included IBM ($204.20, -0.5%), Accenture (ACN) ($322.53, -0.3%). Over 20 days, the sector is up +5.3%, maintaining its uptrend.

The Utilities sector declined 1.1% on the session. Key movers included NextEra Energy (NEE) ($78.16, -2.4%), Duke Energy (DUK) ($108.21, -0.6%), Southern Co (SO) ($83.92, -0.2%). Over 20 days, the sector is up +3.5%, maintaining its uptrend.

Market Breadth Analysis

US stock market breadth analysis shows 18 of 24 sectors trading above their 50-day moving average, while 6 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

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
TSLA	$243.92	+7.4%	+5.9%	+15.8%	N/A	ABOVE
NVDA	$117.69	+4.0%	-1.0%	-4.7%	N/A	ABOVE
META	$555.90	+3.9%	+6.7%	+5.2%	N/A	ABOVE
AAPL	$227.17	+3.7%	+2.9%	+1.9%	N/A	ABOVE
AMZN	$189.87	+1.8%	+1.8%	+7.8%	N/A	ABOVE
MSFT	$432.68	+1.8%	+1.9%	+5.6%	N/A	ABOVE
GOOG	$162.21	+1.5%	+3.1%	-1.2%	N/A	BELOW

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
AMD	$156.74	+5.7%	+2.9%	+3.3%	N/A	ABOVE
TSM	$172.44	+5.3%	+2.2%	+6.3%	N/A	ABOVE
MRVL	$74.48	+4.7%	+0.5%	+9.1%	N/A	ABOVE
AVGO	$164.87	+3.9%	+0.2%	+3.5%	N/A	ABOVE
QCOM	$167.53	+3.3%	+3.7%	+3.4%	N/A	ABOVE
INTC	$21.14	+1.8%	+7.5%	+5.2%	N/A	BELOW
ARM	$140.59	+1.6%	-4.6%	+8.4%	N/A	ABOVE

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
VRT	$91.86	+5.0%	+7.4%	+19.9%	N/A	ABOVE
HPE	$18.07	+3.7%	+10.7%	+1.1%	N/A	ABOVE
CSCO	$49.05	+1.7%	+3.3%	+2.4%	N/A	ABOVE
DELL	$114.40	+1.5%	+3.0%	+8.1%	N/A	ABOVE
SMCI	$43.72	+0.1%	-4.4%	-27.7%	N/A	BELOW

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
CRM	$262.63	+5.4%	+4.7%	+3.0%	N/A	ABOVE
ADBE	$526.44	+3.6%	-1.9%	-5.6%	N/A	BELOW
NOW	$183.85	+3.2%	+4.6%	+12.0%	N/A	ABOVE
PLTR	$36.83	+1.2%	+3.5%	+15.4%	N/A	ABOVE

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GS	$486.60	+4.0%	+5.2%	+1.8%	N/A	ABOVE	0
JPM	$201.99	+1.4%	+3.0%	-2.8%	N/A	BELOW	0

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$903.70	+1.1%	-0.9%	-4.1%	N/A	ABOVE	0
UNH	$553.56	-0.6%	-2.6%	+0.1%	N/A	ABOVE	1

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
COST	$892.36	+0.9%	-1.7%	+2.6%	N/A	ABOVE	0
WMT	$76.82	-1.3%	-3.2%	+3.3%	N/A	ABOVE	1

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ACN	$322.53	-0.3%	-4.1%	+1.4%	N/A	ABOVE	3
IBM	$204.20	-0.5%	-0.4%	+9.1%	N/A	ABOVE	1

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DAL	$46.07	+0.4%	+4.3%	+17.4%	N/A	ABOVE	0
UAL	$52.59	-0.7%	+4.7%	+26.9%	N/A	ABOVE	1

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MAR	$240.61	+2.4%	+5.5%	+9.1%	N/A	ABOVE	0
BKNG	$158.49	-0.3%	+2.2%	+6.9%	N/A	ABOVE	2

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SBUX	$92.67	+0.8%	-1.7%	+4.8%	N/A	ABOVE	0
MCD	$281.94	+0.6%	-0.9%	+2.2%	N/A	ABOVE	0

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UPS	$118.45	+1.1%	+3.8%	+4.2%	N/A	ABOVE	0
FDX	$233.47	+0.7%	+4.9%	+2.6%	N/A	ABOVE	0

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CAT	$364.89	+5.1%	+8.1%	+9.0%	N/A	ABOVE	0
HON	$194.05	+1.0%	-0.2%	+1.8%	N/A	BELOW	0

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
CRWD	$69.35	+3.8%	+7.0%	+3.6%	N/A	ABOVE
ZS	$172.58	+2.4%	+1.5%	-12.7%	N/A	BELOW
PANW	$166.80	+1.2%	-3.8%	-4.5%	N/A	BELOW

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
AMAT	$193.82	+5.7%	+4.4%	-1.7%	N/A	BELOW
ASML	$815.56	+5.1%	+1.4%	-8.8%	N/A	BELOW
LRCX	$77.80	+4.4%	+2.8%	-5.3%	N/A	BELOW

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
EQIX	$838.70	+1.2%	-0.1%	+6.4%	N/A	ABOVE	0
DLR	$151.10	+0.4%	-0.0%	+6.3%	N/A	ABOVE	0

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SO	$83.92	-0.2%	-0.6%	+2.8%	N/A	ABOVE	3
DUK	$108.21	-0.6%	-1.8%	+2.7%	N/A	ABOVE	3
NEE	$78.16	-2.4%	-2.8%	+4.9%	N/A	ABOVE	2

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
XOM	$109.50	+1.2%	+4.4%	+1.1%	N/A	ABOVE	0
CVX	$134.61	+0.7%	+3.1%	-0.5%	N/A	BELOW	0

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GD	$293.30	+0.8%	-0.0%	+3.8%	N/A	ABOVE	0
RTX	$115.16	+0.7%	-0.3%	+0.7%	N/A	ABOVE	0
LMT	$539.18	-0.1%	-0.8%	+2.0%	N/A	ABOVE	3

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TMUS	$193.88	+1.5%	-1.6%	+2.0%	N/A	ABOVE	0
VZ	$38.54	+0.1%	-1.1%	+7.5%	N/A	ABOVE	0
T	$19.48	-1.7%	-1.3%	+9.5%	N/A	ABOVE	3

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NFLX	$70.43	+2.0%	+1.0%	+2.2%	N/A	ABOVE	0
DIS	$91.32	-0.1%	+3.2%	+3.9%	N/A	ABOVE	1

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AMGN	$318.15	+0.9%	+1.1%	+3.5%	N/A	ABOVE	0
GILD	$79.96	+0.0%	+1.3%	+11.6%	N/A	ABOVE	0

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LIN	$458.54	+0.5%	+0.1%	+1.9%	N/A	ABOVE	0
APD	$273.46	+0.1%	+1.3%	+4.8%	N/A	ABOVE	0

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TXN	$197.46	+3.4%	+3.8%	+1.9%	N/A	ABOVE	0
MCHP	$75.07	+3.2%	+1.6%	-1.2%	N/A	BELOW	0

Key Stock Movers

Today's biggest movers by absolute percentage change: Tesla (TSLA) (Mag 7 (AI Spenders)) rose 7.4% to $243.92. AMD (Chip Supply Chain) rose 5.7% to $156.74. Applied Materials (AMAT) (Chip Equipment) rose 5.7% to $193.82. Salesforce (CRM) (Enterprise Software) rose 5.4% to $262.63. TSMC (TSM) (Chip Supply Chain) rose 5.3% to $172.44. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

No high-severity risk alerts are active. Market conditions are favorable, but always maintain awareness of potential profit-taking after extended rallies. Sector diversification remains important to manage concentration risk.

US Stock Market Outlook

There are currently 0 active alerts. With 19 sectors advancing against 2 declining, the broad market tone is constructive. The 20-day breadth shows 20 sectors in positive territory, supporting the medium-term uptrend. Monitor for profit-taking, but trend-following strategies remain favored.

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