US Stock Market Sector Analysis – Monday, March 03, 2025 BEARISH

The US stock market opened under pressure as NVIDIA (NVDA) tumbled 8.7% to $113.89, sparking a broader technology-led pullback that left the Mag 7 (AI Spenders) group down 3.2% on the day and 13.4% below its 50-day trend. The S&P 500 traded lower amid heavy losses in Chip Supply Chain (-4.7% today, -11.5% over 20 days) and Infrastructure (-7.0% today), while Defensive Utilities held up with NextEra Energy (NEE) gaining 2.1% to $69.05. With 19 sectors lower and only 4 higher, intraday action favored telecom and biotech names even as market internals deteriorated against the 50-day backdrop.

Market Condition Dashboard

US 10-Year Treasury Yield

Wait & Watch

4.16%

falling

Impact

Confidence

Crude Oil (WTI)

Neutral

$68.37

-2.0% 1D

Impact

Confidence

VIX (Fear Index)

Elevated Caution

22.8

+16.1% 1D

Impact

Confidence

Tracked Stocks Breadth (50DMA)

Add Cash

41%

28 of 68 above 50DMA · -13.2pp 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

NVIDIA (NVDA) $113.89's steep drop amplified risk-off in the AI/technology investment theme, pressuring the Mag 7 cohort where Apple (AAPL) $236.78 and Microsoft (MSFT) $384.71 also traded below their 50-day averages. The weakness rippled down the chip supply chain, centered on ARM Holdings (ARM) $121.10 and chip equipment names, underscoring that hardware sensitivity remains the primary lever for AI-capex sentiment. At the enterprise level, Software and IT services groups are sliding as customers pause spend, while cloud and data center infrastructure face bifurcated flows between longer-term buildout narratives and near-term budget discipline.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	-3.2%	-4.4%	-9.3%	BELOW
Chip Supply Chain	-4.7%	-6.7%	-11.5%	BELOW
Infrastructure	-7.0%	-9.8%	+0.5%	BELOW
Enterprise Software	-1.2%	-2.8%	-6.1%	BELOW
Finance	-2.1%	+0.1%	-3.1%	BELOW
Healthcare	-0.3%	+1.2%	+0.1%	BELOW
Retail	-0.6%	-0.5%	+1.1%	ABOVE
IT Services	-0.9%	-3.9%	-6.9%	BELOW
Airlines	-2.5%	-5.1%	-12.2%	BELOW
Hospitality & Travel	-1.2%	-0.7%	+0.6%	BELOW
Food & Restaurant	-0.5%	-0.4%	+6.4%	ABOVE
Logistics	-0.7%	+0.9%	+6.7%	BELOW
Industrial	-1.9%	-1.2%	-6.2%	BELOW
Cybersecurity	-3.0%	-1.2%	-3.0%	BELOW
Chip Equipment	-2.1%	-6.0%	-8.1%	BELOW
Data Center REITs	+0.0%	-0.4%	-1.9%	BELOW
Utilities	+1.4%	+1.2%	+5.5%	ABOVE
Energy	-3.3%	-2.0%	+2.6%	BELOW
Defense & Aerospace	+0.8%	+2.8%	+0.8%	BELOW
Telecom	+1.4%	+1.9%	+13.0%	ABOVE
Media & Entertainment	-0.8%	+0.8%	-0.8%	ABOVE
Biotech	+1.2%	+1.2%	+13.2%	ABOVE
Materials	-1.4%	-1.6%	-3.2%	ABOVE
Analog & Embedded Chips	-1.2%	-3.2%	+9.6%	ABOVE

Sector Strength

Utilities +1.4% 20d: +5.5%

NextEra Energy (NEE) +2.1% (20d: +1.6%), Southern Co (SO) +1.2% (20d: +9.1%), Duke Energy (DUK) +1.0% (20d: +5.8%)

Telecom +1.4% 20d: +13.0%

Verizon (VZ) +1.8% (20d: +9.7%), T-Mobile (TMUS) +1.2% (20d: +15.0%), AT&T (T) +1.1% (20d: +14.3%)

Biotech +1.2% 20d: +13.2%

Gilead (GILD) +1.5% (20d: +17.9%), Amgen (AMGN) +0.9% (20d: +8.5%)

Defense & Aerospace +0.8% 20d: +0.8%

Lockheed Martin (LMT) +1.1% (20d: -0.0%) [<50MA], RTX Corp (RTX) +0.6% (20d: +3.5%), General Dynamics (GD) +0.6% (20d: -1.0%) [<50MA]

Sector Warnings

Infrastructure -7.0% 20d: +0.5%

Super Micro (SMCI) -13.0% (20d: +34.3%) [<50MA], Vertiv (VRT) -10.3% (20d: -24.1%) [<50MA], Dell (DELL) -7.0% (20d: -4.5%) [<50MA]

Chip Supply Chain -4.7% 20d: -11.5% CRITICAL

ARM Holdings (ARM) -8.0% (20d: -22.2%) [<50MA], Marvell (MRVL) -6.5% (20d: -24.4%) [<50MA], Broadcom (AVGO) -6.0% (20d: -13.9%) [<50MA]

Energy -3.3% 20d: +2.6%

Chevron (CVX) -3.5% (20d: +3.6%), Exxon Mobil (XOM) -3.2% (20d: +1.5%) [<50MA]

Mag 7 (AI Spenders) -3.2% 20d: -9.3%

NVIDIA (NVDA) -8.7% (20d: -2.2%) [<50MA], Amazon (AMZN) -3.4% (20d: -13.6%) [<50MA], Tesla (TSLA) -2.8% (20d: -25.8%) [<50MA]

Cybersecurity -3.0% 20d: -3.0%

Zscaler (ZS) -3.8% (20d: -5.6%) [<50MA], Palo Alto Networks (PANW) -3.5% (20d: +0.5%) [<50MA], CrowdStrike (CRWD) -1.8% (20d: -3.7%) [<50MA]

Sector Deep Dive

Chip Supply Chain: ARM Holdings (ARM) fell 8.0% to $121.10 as the sector averaged -4.7% today and sits -12.5% versus its 50-day trend; over the 50-day window the group has deteriorated materially, triggering a [HIGH] alert for an 11.5% drop over 20 days and continued downside below key momentum levels. The negative 50-day context is broad across suppliers and equipment providers, and the decline is concentrated in names exposed to discretionary AI deployment timing rather than steady legacy demand.

Infrastructure: Dell (DELL) led losses in Infrastructure, sliding 7.0% to $93.53 while Super Micro (SMCI) dropped 13.0% to $36.07 and Vertiv (VRT) plunged 10.3% to $85.25; the Infrastructure sector posted a 7.0% one-day decline and sits -8.7% relative to its 50-day average, signaling accelerating selling within the 50-day window. The magnitude and breadth of today's sell-off suggest investors are re-pricing near-term server and rack-level purchases, which amplifies downside risk for names tied to corporate capex cycles.

Utilities & Telecom: NextEra Energy (NEE) rose 2.1% to $69.05 and Verizon (VZ) climbed 1.8% to $39.77 as Utilities and Telecom outperformed, with Utilities +1.4% and Telecom +1.4% today and both sectors trading above their 50-day averages. Over the 50-day window these defensive sectors are displaying relative resilience versus cyclical peers, offering cleaner 50-day trend support for income and late-cycle rotation strategies as growth sectors grapple with AI-capex uncertainty.

Biotech: Gilead (GILD) advanced 1.5% to $111.47 amid a biotech sector that gained 1.2% for the day and is 21.4% above its 50-day trend, marking one of the clearest positive 50-day narratives. Biotech's strength inside the 50-day window contrasts with broader market weakness and suggests selective therapeutic and pipeline stories remain attractive to risk-bearing capital despite macro headwinds.

Market Breadth Analysis

US stock market breadth analysis shows 8 of 24 sectors trading above their 50-day moving average, while 16 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

50-Day Sector Performance

1-Day vs 5-Day Sector Change

Active Alerts

HIGH Chip Supply Chain down -11.5% over 20 days

HIGH Airlines down -12.2% over 20 days

HIGH 7 sectors declining >5% over 20 days: Mag 7 (AI Spenders), Chip Supply Chain, Enterprise Software, IT Services, Airlines, Industrial, Chip Equipment

HIGH 3 sectors declining >10% over 50 days: Mag 7 (AI Spenders), Chip Supply Chain, Data Center REITs

MEDIUM GOOG down -18.8% from 20-day high

MEDIUM AMZN down -15.3% from 20-day high

MEDIUM NVDA down -18.6% from 20-day high

MEDIUM TSLA down -27.4% from 20-day high

LOW IT Services below 50-day MA with avg 6 consecutive down days

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AAPL	$236.78	-1.6%	-3.6%	+4.5%	-6.0%	BELOW	1
META	$651.83	-2.0%	-0.4%	-6.1%	+5.7%	ABOVE	1
GOOG	$167.79	-2.1%	-4.9%	-16.8%	-14.4%	BELOW	1
MSFT	$384.71	-2.1%	-2.4%	-5.3%	-14.3%	BELOW	1
TSLA	$284.65	-2.8%	-6.0%	-25.8%	-40.7%	BELOW	1
AMZN	$205.02	-3.4%	-3.7%	-13.6%	-11.3%	BELOW	1
NVDA	$113.89	-8.7%	-9.9%	-2.2%	-12.5%	BELOW	1

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AMD	$98.23	-1.6%	-5.5%	-14.0%	-21.4%	BELOW	1
QCOM	$148.75	-2.3%	-4.7%	-9.8%	-2.7%	BELOW	1
INTC	$22.74	-4.2%	-1.1%	+17.3%	+11.3%	ABOVE	1
TSM	$169.79	-4.2%	-8.7%	-13.4%	-13.8%	BELOW	3
AVGO	$185.01	-6.0%	-7.5%	-13.9%	-21.8%	BELOW	1
MRVL	$85.48	-6.5%	-7.7%	-24.4%	-23.5%	BELOW	1
ARM	$121.10	-8.0%	-11.4%	-22.2%	-15.2%	BELOW	1

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CSCO	$61.41	-1.0%	-1.2%	+4.0%	+9.2%	ABOVE	1
HPE	$18.36	-3.9%	-6.2%	-7.0%	-11.1%	BELOW	3
DELL	$93.53	-7.0%	-13.6%	-4.5%	-18.9%	BELOW	3
VRT	$85.25	-10.3%	-7.1%	-24.1%	-29.2%	BELOW	1
SMCI	$36.07	-13.0%	-20.8%	+34.3%	+6.7%	BELOW	3

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ADBE	$440.72	+0.5%	-0.6%	+0.5%	-3.2%	ABOVE	0
CRM	$289.69	-1.6%	-4.2%	-13.6%	-16.4%	BELOW	1
PLTR	$83.42	-1.8%	-5.0%	-0.4%	+12.1%	BELOW	1
NOW	$182.06	-2.1%	-1.3%	-10.8%	-18.3%	BELOW	1

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
JPM	$252.94	-1.5%	+1.3%	-2.3%	+9.9%	ABOVE	1
GS	$590.37	-2.7%	-1.1%	-3.8%	+5.8%	BELOW	1

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$921.30	+1.0%	+3.1%	+14.9%	+19.6%	ABOVE	0
UNH	$449.74	-1.7%	-0.7%	-14.8%	-3.8%	BELOW	1

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
COST	$1039.64	-0.2%	-0.8%	+4.2%	+6.7%	ABOVE	1
WMT	$96.28	-1.0%	-0.1%	-2.0%	+2.3%	ABOVE	1

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
IBM	$242.34	-0.9%	-2.9%	-3.4%	+10.0%	ABOVE	5
ACN	$334.68	-1.0%	-4.9%	-10.4%	-3.0%	BELOW	8

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UAL	$91.67	-2.3%	-5.1%	-12.6%	-3.5%	BELOW	1
DAL	$57.45	-2.8%	-5.2%	-11.9%	-3.6%	BELOW	1

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MAR	$274.58	-1.0%	+0.3%	-4.2%	-3.8%	BELOW	1
BKNG	$195.45	-1.4%	-1.7%	+5.4%	-4.1%	ABOVE	1

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SBUX	$111.66	-0.3%	+0.7%	+7.3%	+26.0%	ABOVE	1
MCD	$295.41	-0.7%	-1.5%	+5.5%	+3.4%	ABOVE	2

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UPS	$109.78	+0.2%	+1.0%	+8.7%	-5.0%	BELOW	0
FDX	$202.12	-1.6%	+0.9%	+4.6%	-6.7%	BELOW	1

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
HON	$204.06	-0.4%	+0.5%	-4.2%	-8.6%	BELOW	1
CAT	$326.91	-3.5%	-3.0%	-8.2%	-11.3%	BELOW	1

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CRWD	$95.68	-1.8%	+0.8%	-3.7%	+1.7%	BELOW	1
PANW	$183.68	-3.5%	-2.3%	+0.5%	-8.7%	BELOW	1
ZS	$188.79	-3.8%	-2.2%	-5.6%	-5.8%	BELOW	1

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LRCX	$74.95	-1.3%	-5.6%	-5.5%	-2.6%	BELOW	1
ASML	$692.27	-1.3%	-4.2%	-4.1%	-4.6%	BELOW	1
AMAT	$150.59	-3.8%	-8.1%	-14.7%	-10.5%	BELOW	1

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
EQIX	$885.56	+0.7%	+1.0%	+0.0%	-4.7%	BELOW	0
DLR	$148.66	-0.6%	-1.8%	-3.8%	-16.0%	BELOW	3

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
NEE	$69.05	+2.1%	+1.3%	+1.6%	-0.1%	ABOVE
SO	$87.24	+1.2%	+1.1%	+9.1%	+10.0%	ABOVE
DUK	$113.63	+1.0%	+1.2%	+5.8%	+11.0%	ABOVE

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
XOM	$103.48	-3.2%	-1.8%	+1.5%	+0.7%	BELOW	1
CVX	$145.17	-3.5%	-2.1%	+3.6%	+4.5%	ABOVE	1

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
LMT	$437.06	+1.1%	+1.5%	-0.0%	-7.2%	BELOW
RTX	$131.06	+0.6%	+5.1%	+3.5%	+14.6%	ABOVE
GD	$246.99	+0.6%	+1.7%	-1.0%	-3.7%	BELOW

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
VZ	$39.77	+1.8%	+0.4%	+9.7%	+9.5%	ABOVE
TMUS	$266.80	+1.2%	+1.2%	+15.0%	+24.0%	ABOVE
T	$25.93	+1.1%	+4.0%	+14.3%	+23.0%	ABOVE

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NFLX	$97.37	-0.7%	-0.4%	-0.5%	+5.9%	ABOVE	1
DIS	$110.71	-0.9%	+2.0%	-1.1%	-0.2%	ABOVE	1

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GILD	$111.47	+1.5%	+4.0%	+17.9%	+25.0%	ABOVE	0
AMGN	$299.07	+0.9%	-1.5%	+8.5%	+17.8%	ABOVE	0

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LIN	$453.15	-1.0%	-1.1%	+1.8%	+7.5%	ABOVE	1
APD	$298.84	-1.7%	-2.1%	-8.1%	+2.6%	ABOVE	1

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TXN	$187.49	-0.8%	-2.8%	+7.4%	+4.1%	ABOVE	1
MCHP	$55.99	-1.5%	-3.7%	+11.7%	+0.2%	ABOVE	1

Key Stock Movers

Today's biggest movers by absolute percentage change: Super Micro (SMCI) (Infrastructure) fell 13.0% to $36.07. Vertiv (VRT) (Infrastructure) fell 10.3% to $85.25. NVIDIA (NVDA) (Mag 7 (AI Spenders)) fell 8.7% to $113.89. ARM Holdings (ARM) (Chip Supply Chain) fell 8.0% to $121.10. Dell (DELL) (Infrastructure) fell 7.0% to $93.53. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 4 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 8 sectors above their 50-day moving averages and 16 below, and active [HIGH] alerts on Chip Supply Chain and multiple 20-day decliners, the near-term backdrop favors defensive positioning and volatility management. Breadth metrics and the 50-day trend count (three sectors down >10% over 50 days including Mag 7 and Chip Supply Chain) argue for reduced exposure to AI-capex cyclicals and selective rotation into utilities, telecom, and high-quality biotech names that retain positive 50-day momentum. Tactical investors should trim concentration in semiconductors and infrastructure-exposed names while harvesting gains in defensives or adding hedges for any further weakness.

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