US Stock Market Sector Analysis – Wednesday, November 19, 2025 Sectors: MIXED

Markets rallied around chip strength after Nvidia’s results sparked renewed buying in the semiconductor complex, lifting the Chip Equipment group +3.9% and sending Applied Materials (AMAT) up 4.4% to $234.09 as one of the top daily gainers. Alphabet (GOOG) and other AI-linked names supported broad indexes, with the Mag 7 basket rising 0.6% for the day even as leadership remained narrow; Alphabet (GOOG) climbed 2.8% to $292.42 and NVIDIA (NVDA) added 2.8% to $186.28. Media and enterprise software lagged—Netflix (NFLX) fell 3.6% to $110.00 after mixed rights-news reaction and Salesforce (CRM) weakened to $226.36, down 2.4%. Today's action left only 4 of 24 sectors above their 50-day averages while 20 sit below, emphasizing the bifurcated nature of the US stock market and uneven S&P 500 breadth.

Market Condition Dashboard

US 10-Year Treasury Yield

Wait & Watch

4.13%

stable

Impact

Confidence

Crude Oil (WTI)

Neutral

$59.44

-2.1% 1D

Impact

Confidence

VIX (Fear Index)

Elevated Caution

23.7

-4.2% 1D

Impact

Confidence

200-Day Moving Average

Bullish Trend Intact

0/3 below

SPY above (+8.3%), QQQ above (+10.7%), DIA above (+5.7%)

Impact

Confidence

Tracked Stocks Breadth (50DMA)

Strong Cash-Deploy Signal

37%

25 of 68 above 50DMA · -26.5pp 5D

Impact

Confidence

Put/Call Ratio (5D)

Caution

0.81

Call-Heavy · rising

Impact

Confidence

Signal analysis only — not investment advice

Sector Heatmap (1D)

Chip Equipment +3.95%

AI Power & Grid +3.78%

AI Networking & Interconnect +2.59%

Chip Supply Chain +1.50%

Finance +1.27%

EDA & Semiconductor IP +0.84%

Mag 7 (AI Spenders) +0.61%

Memory & Storage +0.52%

Industrial +0.34%

Healthcare +0.23%

Analog & Embedded Chips +0.21%

Cybersecurity +0.12%

Biotech +0.12%

Materials +0.03%

IT Services -0.02%

Food & Restaurant -0.09%

Logistics -0.32%

Defense & Aerospace -0.35%

Infrastructure -0.53%

Airlines -0.55%

Retail -0.63%

Enterprise Software -0.68%

Data Center REITs -0.71%

Hospitality & Travel -0.73%

Telecom -0.95%

Utilities -1.17%

Energy -1.33%

Media & Entertainment -2.55%

≤-3%0≥+3%

Sector Performance (Base=100)

AI and Technology Sector Analysis

The AI investment narrative is re-accelerating around chip equipment and supply-chain beneficiaries after Nvidia-driven optimism, with NVIDIA (NVDA) trading at $186.28 and showing a positive 50-day trend (+5.3%), which keeps hardware at the center of AI capex rotation. At the same time, Mag 7 dispersion—Alphabet (GOOG) $292.42 above its 50-day by 21.7% while Microsoft (MSFT) $484.05 sits below its 50-day—highlights selective leadership within software and platform names. Investors should watch chip supply chain names like Broadcom (AVGO) $352.44 and Lam Research (LRCX) $148.27 for follow-through as customers confirm next-year build plans and data center infrastructure spending filters into enterprise software budgets.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	+0.6%	-1.3%	-2.0%	BELOW
Chip Supply Chain	+1.5%	-3.3%	-2.8%	BELOW
Memory & Storage	+0.5%	-1.8%	+23.4%	ABOVE
EDA & Semiconductor IP	+0.8%	-2.4%	-14.0%	BELOW
Infrastructure	-0.5%	-3.9%	-11.7%	BELOW
AI Networking & Interconnect	+2.6%	-0.3%	+0.1%	ABOVE
Enterprise Software	-0.7%	-2.8%	-12.3%	BELOW
Finance	+1.3%	-2.2%	+3.8%	BELOW
Healthcare	+0.2%	-2.1%	+6.9%	BELOW
Retail	-0.6%	-2.8%	-5.6%	BELOW
IT Services	-0.0%	-4.0%	-0.8%	BELOW
Airlines	-0.5%	-5.5%	-3.9%	BELOW
Hospitality & Travel	-0.7%	-4.4%	-1.3%	BELOW
Food & Restaurant	-0.1%	-2.0%	-1.4%	BELOW
Logistics	-0.3%	-1.9%	+9.1%	ABOVE
Industrial	+0.3%	-2.1%	-0.8%	BELOW
Cybersecurity	+0.1%	-3.2%	-5.3%	BELOW
Chip Equipment	+3.9%	+1.2%	+1.3%	ABOVE
Data Center REITs	-0.7%	-0.7%	-8.3%	BELOW
AI Power & Grid	+3.8%	+3.9%	-2.2%	BELOW
Utilities	-1.2%	-0.5%	-2.8%	BELOW
Energy	-1.3%	-0.9%	+0.0%	BELOW
Defense & Aerospace	-0.3%	+0.9%	-2.1%	ABOVE
Telecom	-0.9%	-1.1%	+2.0%	BELOW
Media & Entertainment	-2.5%	-3.7%	-4.3%	BELOW
Biotech	+0.1%	+2.1%	+11.5%	ABOVE
Materials	+0.0%	-3.7%	-4.4%	BELOW
Analog & Embedded Chips	+0.2%	-4.2%	-11.5%	BELOW

Sector Strength

Chip Equipment +3.9% 20d: +1.3%

Applied Materials (AMAT) +4.4% (20d: +2.9%), KLA (KLAC) +4.0% (20d: +0.9%), Lam Research (LRCX) +3.9% (20d: +0.9%)

AI Power & Grid +3.8% 20d: -2.2%

GE Vernova (GEV) +7.3% (20d: +0.0%) [<50MA], Constellation Energy (CEG) +5.3% (20d: -2.2%), Vistra (VST) +2.7% (20d: -6.4%) [<50MA]

AI Networking & Interconnect +2.6% 20d: +0.1%

Coherent (COHR) +3.5% (20d: +17.6%), Amphenol (APH) +3.2% (20d: +1.0%), Arista Networks (ANET) +1.1% (20d: -18.3%) [<50MA]

Chip Supply Chain +1.5% 20d: -2.8%

Broadcom (AVGO) +4.1% (20d: +2.9%), Marvell (MRVL) +3.4% (20d: -1.8%) [<50MA], Intel (INTC) +2.3% (20d: -8.0%) [<50MA]

Finance +1.3% 20d: +3.8%

JPMorgan (JPM) +1.3% (20d: +3.0%) [<50MA], Goldman Sachs (GS) +1.2% (20d: +4.7%) [<50MA]

Sector Warnings

Media & Entertainment -2.5% 20d: -4.3%

Netflix (NFLX) -3.6% (20d: -1.2%) [<50MA], Disney (DIS) -1.5% (20d: -7.4%) [<50MA]

Energy -1.3% 20d: +0.0%

Exxon Mobil (XOM) -1.4% (20d: +2.1%), Chevron (CVX) -1.2% (20d: -2.0%) [<50MA]

Utilities -1.2% 20d: -2.8%

Southern Co (SO) -1.8% (20d: -6.6%) [<50MA], Duke Energy (DUK) -1.3% (20d: -3.1%) [<50MA], NextEra Energy (NEE) -0.4% (20d: +1.2%)

Telecom -0.9% 20d: +2.0%

AT&T (T) -1.3% (20d: +2.6%) [<50MA], T-Mobile (TMUS) -0.8% (20d: -4.0%) [<50MA], Verizon (VZ) -0.7% (20d: +7.3%)

Hospitality & Travel -0.7% 20d: -1.3%

Booking (BKNG) -1.9% (20d: -7.9%) [<50MA], Marriott (MAR) +0.5% (20d: +5.4%)

Sector Deep Dive

Chip Equipment: This sector led the market today, up 3.9% on strong trading and optimism after Nvidia commentary and order flow reports. Applied Materials (AMAT) rallied 4.4% to $234.09 and Lam Research (LRCX) rose 3.9% to $148.27 — both names sit well above their 50-day trend, consistent with the sector’s 50-day performance of +32.2%. Over the 50-day window the group has shown clear momentum and remains the most constructive area for cyclical capex exposure within our sector analysis of the S&P 500.

Chip Supply Chain: The broader supply chain posted a more modest gain of 1.4% but remains below its 50-day average despite strength in individual components. Broadcom (AVGO) advanced 4.1% to $352.44 even as AMD (AMD) lagged, down 2.9% to $223.55; the sector’s 50-day change is +15.4% while the short-term 20-day picture is weaker, underscoring mixed internals over the primary 50-day timeframe. For investors, names tied directly to data-center spending show resilience, but secondary suppliers need clearer order visibility to re-enter long-term allocations.

Enterprise Software: This group is under pressure, down 1.4% today and -10.6% over 20 days, triggering a high alert for deterioration across software budgets. Salesforce (CRM) led the downside, sliding 2.4% to $226.36, and the sector sits below its 50-day average by -7.2%, signaling a contraction in multiple software leaders over the 50-day horizon. In sector analysis, weakening 50-day trends point to caution on multiple quarters of slower enterprise license growth and potential downgrades to forward estimates.

Infrastructure & Data Center: Infrastructure names showed bifurcation; Vertiv (VRT) jumped 3.5% to $170.51 while several infrastructure hardware names fell, leaving the Infrastructure sector down 0.5% and in a high alert state for a -11.7% decline over 20 days. Dell (DELL) and Super Micro (SMCI) were notable losers, with DELL down 2.7% to $118.49 and SMCI off 3.4% to $33.73, and the sector is below its 50-day average—a bearish signal over the primary 50-day window. For portfolio construction, selective exposure to resilient infrastructure providers with healthy order books is preferable to broad sector weightings given the ongoing 50-day downtrend.

Media & Entertainment: The sector led losers, falling 2.5% today and trading -9.6% versus the 50-day average, amplifying pressure on growth-at-a-cost names. Netflix (NFLX) dropped 3.6% to $110.00 after the MLB rights news and remains a drag within media; the 50-day context shows meaningful deterioration, and Media & Entertainment sits squarely below its 50-day trend. Our sector analysis flags this area as vulnerable to further downside until content economics and advertising cycles stabilize.

Market Breadth Analysis

US stock market breadth analysis shows 6 of 28 sectors trading above their 50-day moving average, while 22 are below. With the majority of sectors below the 50-day MA, medium-term momentum is deteriorating. The 20-day breadth shows 19 sectors in negative territory, pointing to widespread selling pressure.

Interactive Charts

S&P 500, NASDAQ 100 & Dow Jones (%)

Green shading marks breadth-below-50% regimes: BUY at the 5th session (vertical line on the fire day), STRONG at the 10th (darker). A 3rd day back above 50% ends the regime; tolerated recovery days still count toward the session total. Research display only — not investment advice.

50-Day Sector Performance

1-Day vs 5-Day Sector Change

Active Alerts

HIGH EDA & Semiconductor IP down -14.0% over 20 days

HIGH Infrastructure down -11.7% over 20 days

HIGH Enterprise Software down -12.3% over 20 days

HIGH Analog & Embedded Chips down -11.5% over 20 days

HIGH 7 sectors declining >5% over 20 days: EDA & Semiconductor IP, Infrastructure, Enterprise Software, Retail, Cybersecurity, Data Center REITs, Analog & Embedded Chips

HIGH 6 sectors declining >10% over 50 days: EDA & Semiconductor IP, Enterprise Software, Airlines, Telecom, Materials, Analog & Embedded Chips

MEDIUM META down -21.5% from 20-day high

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NVDA	$186.28	+2.8%	-0.2%	+2.4%	+5.3%	ABOVE	0
GOOG	$292.42	+2.8%	+5.0%	+15.5%	+21.7%	ABOVE	0
TSLA	$403.99	+0.7%	+0.5%	-10.0%	+9.5%	BELOW	0
AAPL	$267.83	+0.4%	-1.6%	+3.6%	+16.9%	ABOVE	0
AMZN	$222.69	+0.1%	-6.3%	+0.7%	-3.2%	BELOW	0
META	$588.79	-1.2%	-3.2%	-19.6%	-21.3%	BELOW	4
MSFT	$483.14	-1.4%	-3.2%	-6.4%	-2.8%	BELOW	3

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AVGO	$352.44	+4.1%	+4.2%	+2.9%	-1.3%	ABOVE	0
MRVL	$81.20	+3.4%	-7.1%	-1.8%	+22.2%	BELOW	0
INTC	$35.11	+2.3%	-2.2%	-8.0%	+42.7%	BELOW	0
TSM	$280.16	+1.6%	+0.1%	-2.9%	+9.4%	BELOW	0
QCOM	$163.61	+0.6%	-4.8%	-2.3%	+2.8%	BELOW	0
AMD	$223.55	-2.9%	-9.8%	-4.9%	+43.6%	ABOVE	5

Memory & Storage Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
STX	$257.83	+2.1%	-1.3%	+14.5%	+32.1%	ABOVE	0
WDC	$153.73	+0.7%	-2.0%	+22.5%	+60.1%	ABOVE	0
SNDK	$245.96	+0.4%	+1.0%	+47.2%	+191.8%	ABOVE	0
MU	$225.70	-1.1%	-4.7%	+9.3%	+50.1%	ABOVE	3

EDA & Semiconductor IP Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
CDNS	$306.76	+1.2%	-2.9%	-9.0%	-13.5%	BELOW
ARM	$136.99	+0.7%	-2.4%	-17.8%	-11.4%	BELOW
SNPS	$386.30	+0.6%	-1.9%	-15.3%	-11.8%	BELOW

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
VRT	$170.51	+3.5%	+4.3%	-6.9%	+25.8%	ABOVE	0
CSCO	$77.26	+1.3%	+1.3%	+11.6%	+16.5%	ABOVE	0
HPE	$20.29	-1.4%	-10.2%	-11.2%	-16.7%	BELOW	5
DELL	$118.30	-2.7%	-10.9%	-22.6%	-4.4%	BELOW	1
SMCI	$33.73	-3.4%	-3.9%	-29.6%	-23.3%	BELOW	1

AI Networking & Interconnect Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
COHR	$142.94	+3.5%	+2.1%	+17.6%	+38.1%	ABOVE
APH	$135.92	+3.2%	+1.0%	+1.0%	+14.5%	ABOVE
ANET	$124.81	+1.1%	-4.2%	-18.3%	-18.4%	BELOW

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ORCL	$223.38	+2.3%	+3.7%	-19.5%	-26.6%	BELOW	0
NOW	$163.29	-0.2%	-3.9%	-13.1%	-13.0%	BELOW	3
PLTR	$165.42	-1.1%	-3.9%	-8.3%	+0.6%	BELOW	3
ADBE	$318.11	-2.0%	-4.6%	-10.2%	-9.3%	BELOW	5
CRM	$226.36	-2.4%	-5.2%	-10.7%	-7.3%	BELOW	3

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
JPM	$299.02	+1.3%	-2.0%	+3.0%	-0.3%	BELOW	0
GS	$774.60	+1.2%	-2.4%	+4.7%	+0.2%	BELOW	0

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$1044.55	+1.9%	+2.8%	+28.0%	+39.0%	ABOVE	0
UNH	$302.93	-1.4%	-7.0%	-14.2%	-12.0%	BELOW	5

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
COST	$886.69	-0.5%	-3.7%	-5.3%	-7.5%	BELOW	4
WMT	$99.77	-0.8%	-1.9%	-5.8%	-2.0%	BELOW	2

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ACN	$236.21	+0.4%	-2.6%	-3.5%	-1.3%	BELOW	0
IBM	$282.77	-0.5%	-5.4%	+1.8%	+12.9%	ABOVE	3

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DAL	$56.43	-0.5%	-5.1%	-3.2%	-5.6%	BELOW	1
UAL	$91.33	-0.6%	-6.0%	-4.5%	-16.5%	BELOW	1

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MAR	$281.85	+0.5%	-1.1%	+5.4%	+6.1%	ABOVE	0
BKNG	$186.38	-1.9%	-7.6%	-7.9%	-14.7%	BELOW	5

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SBUX	$82.19	+0.4%	-2.5%	-1.4%	+2.3%	ABOVE	0
MCD	$297.25	-0.6%	-1.6%	-1.4%	-1.8%	BELOW	4

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
FDX	$208.87	-0.2%	-1.8%	+10.2%	+14.8%	ABOVE	3
UPS	$88.22	-0.5%	-2.0%	+8.0%	+11.1%	ABOVE	3

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CAT	$549.75	+1.1%	-0.1%	+6.3%	+28.6%	ABOVE	0
HON	$197.20	-0.5%	-4.1%	-7.8%	-5.5%	BELOW	3

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CRWD	$130.15	+1.3%	-1.7%	-0.3%	+20.1%	ABOVE	0
ZS	$291.81	-0.4%	-5.4%	-8.5%	+1.8%	BELOW	6
PANW	$199.90	-0.5%	-2.4%	-7.0%	+0.8%	BELOW	3

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
AMAT	$233.84	+4.4%	+5.3%	+2.9%	+38.2%	ABOVE
KLAC	$116.31	+4.0%	+0.7%	+0.9%	+21.9%	ABOVE
LRCX	$148.27	+3.9%	-2.9%	+0.9%	+29.0%	ABOVE
ASML	$1034.36	+3.5%	+1.9%	+0.5%	+29.5%	ABOVE

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DLR	$155.93	-0.2%	+0.8%	-9.2%	-8.2%	BELOW	1
EQIX	$753.59	-1.2%	-2.1%	-7.5%	-3.5%	BELOW	1

AI Power & Grid Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
GEV	$594.27	+7.3%	+6.7%	+0.0%	-6.1%	BELOW
CEG	$355.90	+5.3%	+6.6%	-2.2%	+12.5%	ABOVE
VST	$178.40	+2.7%	+4.4%	-6.4%	-12.1%	BELOW
ETN	$342.78	+2.2%	-2.4%	-6.9%	-3.7%	BELOW
PWR	$445.20	+1.4%	+4.3%	+4.2%	+14.4%	ABOVE

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NEE	$82.53	-0.4%	+0.3%	+1.2%	+18.2%	ABOVE	2
DUK	$119.11	-1.3%	-0.2%	-3.1%	+1.0%	BELOW	2
SO	$86.91	-1.8%	-1.5%	-6.6%	-2.5%	BELOW	1

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CVX	$147.58	-1.2%	-1.4%	-2.0%	-3.1%	BELOW	1
XOM	$115.04	-1.4%	-0.3%	+2.1%	+5.6%	ABOVE	1

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GD	$338.59	+0.5%	-0.3%	+0.5%	+4.5%	ABOVE	0
RTX	$171.23	-0.5%	-0.1%	-3.2%	+10.2%	ABOVE	2
LMT	$460.91	-1.0%	+3.1%	-3.7%	-0.2%	BELOW	1

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
VZ	$39.22	-0.7%	+0.2%	+7.3%	-5.1%	ABOVE	1
TMUS	$208.09	-0.8%	-1.5%	-4.0%	-12.5%	BELOW	3
T	$24.39	-1.3%	-1.9%	+2.6%	-13.4%	BELOW	1

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DIS	$103.18	-1.5%	-2.7%	-7.4%	-10.6%	BELOW	1
NFLX	$110.00	-3.6%	-4.7%	-1.2%	-8.6%	BELOW	1

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GILD	$125.69	+0.7%	+2.3%	+6.1%	+9.4%	ABOVE	0
AMGN	$333.16	-0.5%	+1.9%	+16.9%	+21.1%	ABOVE	1

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
APD	$248.31	+0.4%	-3.7%	-0.7%	-13.4%	BELOW	0
LIN	$409.01	-0.4%	-3.6%	-8.2%	-14.6%	BELOW	5

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ADI	$230.03	+0.9%	-2.2%	-4.6%	-6.5%	BELOW	0
MCHP	$49.50	-0.1%	-7.3%	-22.0%	-21.9%	BELOW	5
TXN	$154.49	-0.1%	-3.2%	-8.0%	-14.0%	BELOW	1

Key Stock Movers

Today's biggest movers by absolute percentage change: GE Vernova (GEV) (AI Power & Grid) rose 7.3% to $594.27. Constellation Energy (CEG) (AI Power & Grid) rose 5.3% to $355.90. Applied Materials (AMAT) (Chip Equipment) rose 4.4% to $233.84. Broadcom (AVGO) (Chip Supply Chain) rose 4.1% to $352.44. KLA (KLAC) (Chip Equipment) rose 4.0% to $116.31. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 6 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

Looking ahead, the market faces a split technical backdrop: only 4 sectors are above their 50-day averages while 20 are below, and active alerts highlight acute stress in Infrastructure, Enterprise Software, and Analog & Embedded Chips. Breadth metrics and 50-day trends suggest continued range-bound S&P 500 action punctuated by sector rotations into chip equipment and select supply-chain names; we count multiple high alerts and six sectors declining more than 5% over 20 days as downside risk signals. Positioning should be tactical: emphasize high-conviction exposure to chip equipment and AI-capex beneficiaries while underweighting structurally weak 50-day trend sectors such as Enterprise Software and Analog & Embedded Chips until breadth and 50-day momentum improve.

Hypothetical Portfolio

SIMULATION

Value $96,241

P&L -3.76%

Today -0.03%

View full portfolio → Simulation only. Not investment advice.

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