US Stock Market Sector Analysis – Friday, March 28, 2025 BEARISH

A broad risk-off tone gripped the US stock market as the Magnificent 7 and the chip supply chain led a widespread sell-off, with the Mag 7 group down 3.5% on the day and now 15.3% below their 50-day averages. Airlines and travel names were among the weakest, with the Airlines sector plunging 4.7% and United (UAL) falling 4.5% to $70.23, amplifying active alerts tied to severe 20- and 50-day drawdowns. Defensive sectors provided limited shelter: Utilities rose 1.1% led by Duke Energy (DUK) at $114.34 (+1.5%) while Biotech ticked up 0.5% as Gilead (GILD) traded at $108.18 (+0.6%). Today’s action pushed only 5 of 24 sectors above their 50-day averages and reinforced the breadth deterioration in the S&P 500.

Market Condition Dashboard

US 10-Year Treasury Yield

Wait & Watch

4.27%

falling

Impact

Confidence

Crude Oil (WTI)

Neutral

$69.36

-0.8% 1D

Impact

Confidence

VIX (Fear Index)

Elevated Caution

21.6

+15.8% 1D

Impact

Confidence

Tracked Stocks Breadth (50DMA)

Strong Cash-Deploy Signal

25%

17 of 68 above 50DMA · -5.9pp 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-related leadership faltered again as NVIDIA (NVDA) traded at $109.52, down 1.6% on the day and 17.9% below its 50-day level, signaling renewed malaise across the Mag 7 complex. Apple (AAPL) at $216.75 (-2.7%) and Microsoft (MSFT) at $375.11 (-3.0%) echoed the pullback, while the chip supply chain and infrastructure groups showed deeper 50-day weakness that risks slowing hardware-driven capex. The data center and enterprise software channels — where companies like Alphabet (GOOG) $155.43 and Palantir (PLTR) $85.85 are substantive spenders — face margin pressure as customers recalibrate cloud and AI budgets. Tactical buying of high-quality infrastructure names should be reserved for confirmed stabilization in chip equipment and data center 50-day trends.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	-3.5%	-5.7%	-6.8%	BELOW
Chip Supply Chain	-3.2%	-9.8%	-6.8%	BELOW
Infrastructure	-2.2%	-10.1%	-8.4%	BELOW
Enterprise Software	-3.4%	-6.3%	-7.5%	BELOW
Finance	-2.5%	-4.2%	-8.5%	BELOW
Healthcare	+0.1%	-2.5%	-0.3%	BELOW
Retail	-0.8%	-1.1%	-11.9%	BELOW
IT Services	-1.1%	-1.4%	-7.1%	BELOW
Airlines	-4.7%	-11.4%	-24.2%	BELOW
Hospitality & Travel	-2.8%	-2.0%	-10.4%	BELOW
Food & Restaurant	-1.5%	+1.3%	-7.2%	BELOW
Logistics	-1.1%	-2.8%	-7.1%	BELOW
Industrial	-2.3%	-2.1%	-0.8%	BELOW
Cybersecurity	-1.5%	-4.0%	-1.0%	BELOW
Chip Equipment	-2.3%	-6.9%	-4.1%	BELOW
Data Center REITs	-2.3%	-7.2%	-9.8%	BELOW
Utilities	+1.1%	+1.4%	-0.2%	ABOVE
Energy	-0.2%	+1.2%	+8.9%	ABOVE
Defense & Aerospace	-0.5%	+0.2%	+0.7%	ABOVE
Telecom	-0.5%	+3.3%	+0.4%	ABOVE
Media & Entertainment	-3.4%	-3.0%	-8.6%	BELOW
Biotech	+0.5%	+1.2%	-2.1%	ABOVE
Materials	-1.1%	-0.2%	-3.1%	BELOW
Analog & Embedded Chips	-3.3%	-7.3%	-12.6%	BELOW

Sector Strength

Utilities +1.1% 20d: -0.2%

Duke Energy (DUK) +1.5% (20d: +0.6%), Southern Co (SO) +1.2% (20d: +0.3%), NextEra Energy (NEE) +0.6% (20d: -1.6%)

Biotech +0.5% 20d: -2.1%

Gilead (GILD) +0.6% (20d: -2.9%), Amgen (AMGN) +0.4% (20d: -1.2%)

Sector Warnings

Airlines -4.7% 20d: -24.2% CRITICAL

Delta (DAL) -5.0% (20d: -25.0%) [<50MA], United (UAL) -4.5% (20d: -23.4%) [<50MA]

Mag 7 (AI Spenders) -3.5% 20d: -6.8%

Alphabet (GOOG) -4.9% (20d: -7.4%) [<50MA], Amazon (AMZN) -4.3% (20d: -6.0%) [<50MA], Meta (META) -4.3% (20d: -11.9%) [<50MA]

Enterprise Software -3.4% 20d: -7.5%

Palantir (PLTR) -4.7% (20d: +2.9%) [<50MA], ServiceNow (NOW) -3.6% (20d: -12.4%) [<50MA], Salesforce (CRM) -2.8% (20d: -7.9%) [<50MA]

Media & Entertainment -3.4% 20d: -8.6%

Netflix (NFLX) -4.4% (20d: -4.1%) [<50MA], Disney (DIS) -2.4% (20d: -13.1%) [<50MA]

Analog & Embedded Chips -3.3% 20d: -12.6% CRITICAL

Microchip Technology (MCHP) -4.1% (20d: -16.0%) [<50MA], Texas Instruments (TXN) -2.5% (20d: -9.3%) [<50MA]

Sector Deep Dive

Chip Supply Chain: The Chip Supply Chain slipped 3.2% today and sits 17.9% below its 50-day average, underscoring the sector’s extended downtrend. Within the group, traders focused on weakness in equipment and components; akin to the 50-day backdrop for related peers, the selling pressure signals continued caution around near-term semiconductor capex. With Analog & Embedded Chips down 12.6% over 20 days and Chip Equipment off 13.3% vs its 50-day, the technical context argues for a wait-and-see approach until a compression of volatility and a return above the 50-day average materialize.

Mag 7 (AI Spenders): The Mag 7 cohort traded lower across the board, driving the Mag 7 index -3.5% today and leaving the group 15.3% below its 50-day average. NVIDIA (NVDA) at $109.52 (-1.6%, 50d:-17.9%) and Alphabet (GOOG) at $155.43 (-4.9%, 50d:-19.6%) exemplify the magnitude and breadth of the move; Amazon (AMZN) $192.72 (-4.3%, 50d:-12.7%) and Tesla (TSLA) $263.55 (-3.5%, 50d:-36.3%) also reinforce the cross-market risk-off. The 50-day frame suggests the leadership rotation away from large-cap AI spenders is established, and investors should treat new longs in these names as tactical, not structural, until 50-day momentum improves.

Airlines & Travel: Airlines led single-day losses with the Airlines sector down 4.7% and now a staggering 33.7% below its 50-day average, triggering a high alert for continued stress. United (UAL) fell to $70.23 (-4.5%) and Delta (DAL) declined to $43.09 (-5.0%), illustrating uniform weakness driven by demand concerns or cost pressure fears; Hospitality & Travel is similarly weak at -9.2% vs its 50-day. Given the extreme 50-day divergence, selective short-duration hedges or reduced cyclicality exposure are prudent until travel indicators and 50-day trends stabilize.

Utilities & Defensive: Utilities bucked the market slump, advancing 1.1% and remaining above their 50-day average, offering a defensive rotation for investors. Duke Energy (DUK) led the gains at $114.34 (+1.5%), Southern Co (SO) traded at $87.51 (+1.2%) and NextEra Energy (NEE) at $67.92 (+0.6%) all show relative strength inside the 50-day window. In the context of broader sector analysis, these names remain preferred ballast while the S&P 500’s leadership and growth sectors wrestle with falling 50-day trends.

Enterprise Software & IT Services: Enterprise Software slid 3.4% on the day and sits 6.5% below its 50-day average, with Palantir (PLTR) down to $85.85 (-4.7%) highlighting demand and valuation re-pricing. IT Services is similarly pressured, trading below its 50-day and contributing to the high-alert list of sectors down more than 5% over 20 days. For portfolio construction, this 50-day context favors trimming momentum-weighted exposures and reallocating toward cash-flow-stable software names only after they clear their 50-day resistance.

Market Breadth Analysis

US stock market breadth analysis shows 5 of 24 sectors trading above their 50-day moving average, while 19 are below. With the majority of sectors below the 50-day MA, medium-term momentum is deteriorating. The 20-day breadth shows 21 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 Retail down -11.9% over 20 days

HIGH Airlines down -24.2% over 20 days

HIGH Hospitality & Travel down -10.4% over 20 days

HIGH Analog & Embedded Chips down -12.6% over 20 days

HIGH Mag 7 (AI Spenders) down -15.3% over 50 days

HIGH Chip Supply Chain down -17.9% over 50 days

HIGH Infrastructure down -16.0% over 50 days

HIGH Airlines down -33.7% over 50 days

HIGH Data Center REITs down -16.3% over 50 days

HIGH 14 sectors declining >5% over 20 days: Mag 7 (AI Spenders), Chip Supply Chain, Infrastructure, Enterprise Software, Finance, Retail, IT Services, Airlines, Hospitality & Travel, Food & Restaurant, Logistics, Data Center REITs, Media & Entertainment, Analog & Embedded Chips

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

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NVDA	$109.52	-1.6%	-9.7%	-3.8%	-17.9%	BELOW	4
AAPL	$216.75	-2.7%	-1.3%	-8.5%	-4.4%	BELOW	1
MSFT	$375.11	-3.0%	-3.6%	-2.5%	-10.6%	BELOW	1
TSLA	$263.55	-3.5%	-5.3%	-7.4%	-36.3%	BELOW	1
META	$574.41	-4.3%	-6.8%	-11.9%	-5.6%	BELOW	3
AMZN	$192.72	-4.3%	-5.2%	-6.0%	-12.7%	BELOW	1
GOOG	$155.43	-4.9%	-8.2%	-7.4%	-19.6%	BELOW	3

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AVGO	$167.50	-1.7%	-11.6%	-9.5%	-26.1%	BELOW	5
TSM	$162.85	-1.8%	-8.8%	-4.1%	-22.8%	BELOW	4
AMD	$103.22	-3.2%	-9.3%	+5.1%	-12.9%	BELOW	3
QCOM	$148.67	-3.3%	-4.6%	-0.0%	-4.9%	BELOW	3
INTC	$22.71	-3.9%	-6.2%	-0.1%	+15.5%	ABOVE	1
ARM	$107.80	-4.2%	-13.7%	-11.0%	-26.9%	BELOW	4
MRVL	$61.79	-4.3%	-14.7%	-27.7%	-47.2%	BELOW	4

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CSCO	$58.88	-0.9%	-0.2%	-4.1%	+1.7%	BELOW	2
HPE	$15.36	-0.9%	-4.2%	-16.4%	-32.0%	BELOW	3
SMCI	$34.26	-1.3%	-17.9%	-5.0%	+10.1%	BELOW	5
VRT	$74.14	-2.7%	-20.7%	-13.0%	-44.0%	BELOW	4
DELL	$90.33	-5.0%	-7.5%	-3.4%	-15.8%	BELOW	1

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ADBE	$385.71	-2.6%	-2.2%	-12.5%	-9.7%	BELOW	3
CRM	$266.86	-2.8%	-5.6%	-7.9%	-15.6%	BELOW	3
NOW	$159.55	-3.6%	-6.1%	-12.4%	-24.5%	BELOW	3
PLTR	$85.85	-4.7%	-11.3%	+2.9%	+24.0%	BELOW	4

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
JPM	$235.70	-2.1%	-2.1%	-6.8%	-4.5%	BELOW	3
GS	$529.76	-2.8%	-6.4%	-10.3%	-11.0%	BELOW	3

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$815.06	+0.1%	-4.9%	-11.5%	+8.8%	BELOW	0
UNH	$499.04	+0.1%	-0.1%	+11.0%	+1.5%	ABOVE	0

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WMT	$84.24	-0.6%	-2.7%	-12.5%	-6.5%	BELOW	1
COST	$923.25	-1.0%	+0.4%	-11.2%	+1.2%	BELOW	1

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
IBM	$236.34	-0.9%	-1.8%	-2.5%	+10.3%	BELOW	2
ACN	$295.24	-1.4%	-0.9%	-11.8%	-13.2%	BELOW	2

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UAL	$70.23	-4.5%	-12.5%	-23.4%	-33.8%	BELOW	4
DAL	$43.09	-5.0%	-10.3%	-25.0%	-33.6%	BELOW	4

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
BKNG	$183.50	-2.5%	-1.6%	-6.1%	-4.5%	BELOW	3
MAR	$234.33	-3.0%	-2.4%	-14.7%	-13.9%	BELOW	2

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SBUX	$94.55	-1.1%	+2.1%	-15.3%	+4.1%	BELOW	1
MCD	$298.12	-1.8%	+0.5%	+0.9%	+10.4%	ABOVE	2

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
FDX	$189.82	-0.9%	-0.3%	-6.1%	-12.4%	BELOW	1
UPS	$100.94	-1.2%	-5.3%	-8.0%	-14.4%	BELOW	1

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
HON	$202.44	-1.8%	-0.7%	-0.8%	-5.0%	BELOW	1
CAT	$324.60	-2.8%	-3.5%	-0.7%	-13.0%	BELOW	3

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
PANW	$172.76	-1.0%	-6.5%	-5.9%	-2.5%	BELOW	3
ZS	$207.14	-1.1%	-1.3%	+9.7%	+10.4%	ABOVE	3
CRWD	$89.28	-2.6%	-4.2%	-6.7%	-1.7%	BELOW	3

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AMAT	$143.60	-1.8%	-6.4%	-4.6%	-22.0%	BELOW	4
ASML	$667.27	-2.3%	-7.3%	-3.6%	-9.9%	BELOW	4
LRCX	$72.03	-2.9%	-6.9%	-3.9%	-8.1%	BELOW	4

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DLR	$137.16	-2.0%	-8.6%	-7.7%	-20.4%	BELOW	4
EQIX	$780.94	-2.7%	-5.8%	-11.8%	-12.3%	BELOW	4

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
DUK	$114.34	+1.5%	+1.1%	+0.6%	+10.5%	ABOVE
SO	$87.51	+1.2%	+2.5%	+0.3%	+9.6%	ABOVE
NEE	$67.92	+0.6%	+0.5%	-1.6%	-0.5%	ABOVE

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
XOM	$113.05	-0.1%	+1.7%	+9.3%	+6.7%	ABOVE	2
CVX	$157.49	-0.3%	+0.6%	+8.5%	+5.4%	ABOVE	2

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GD	$261.61	-0.2%	+1.2%	+5.9%	+0.6%	ABOVE	2
LMT	$426.95	-0.2%	+1.5%	-2.3%	-8.6%	BELOW	2
RTX	$129.00	-1.3%	-2.2%	-1.6%	+9.9%	ABOVE	3

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
VZ	$40.73	-0.1%	+3.1%	+2.4%	+17.2%	ABOVE	1
T	$26.36	-0.1%	+4.5%	+1.7%	+28.0%	ABOVE	1
TMUS	$259.07	-1.2%	+2.3%	-2.9%	+23.2%	ABOVE	1

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DIS	$96.26	-2.4%	-2.1%	-13.1%	-7.9%	BELOW	3
NFLX	$93.39	-4.4%	-3.9%	-4.1%	+10.9%	BELOW	1

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GILD	$108.18	+0.6%	+4.7%	-2.9%	+22.8%	ABOVE	0
AMGN	$295.38	+0.4%	-2.4%	-1.2%	+14.8%	ABOVE	0

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
APD	$281.16	-1.0%	-0.4%	-5.9%	-6.3%	BELOW	2
LIN	$451.57	-1.2%	+0.0%	-0.3%	+6.5%	ABOVE	1

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TXN	$170.07	-2.5%	-4.9%	-9.3%	-5.2%	BELOW	2
MCHP	$47.05	-4.1%	-9.6%	-16.0%	-12.7%	BELOW	4

Key Stock Movers

Today's biggest movers by absolute percentage change: Delta (DAL) (Airlines) fell 5.0% to $43.09. Dell (DELL) (Infrastructure) fell 5.0% to $90.33. Alphabet (GOOG) (Mag 7 (AI Spenders)) fell 4.9% to $155.43. Palantir (PLTR) (Enterprise Software) fell 4.7% to $85.85. United (UAL) (Airlines) fell 4.5% to $70.23. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 11 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 market risk remains elevated: 19 sectors are below their 50-day averages, and active alerts count double-digit structural drawdowns including seven sectors down more than 10% over 50 days. Breadth metrics and the S&P 500’s dependency on a shrinking leadership cohort argue for defensive positioning — reduce cyclical exposure, maintain cash or hedges, and favor sectors with positive 50-day posture such as Utilities and Biotech. Monitor alert lists and wait for improving 50-day trends across chip supply chain and Mag 7 names before re-establishing aggressive growth exposure.

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