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US Stock Market Sector Analysis – Wednesday, February 04, 2026 MIXED

The US stock market opened on upbeat economic cues and a string of company-specific headlines that drove sector rotation today. Alphabet (GOOG) fell 2.2% after Google’s earnings beat but large disclosed AI spending reignited debate about near-term margins, while Super Micro (SMCI) surged 13.8% on blowout AI server demand that lifted Infrastructure names. AMD (AMD) crashed 17.3% amid supply-chain concerns, and Palantir (PLTR) slid 11.6% as valuation worries outweighed a strong quarter. The Magnificent 7 were mixed, with Apple (AAPL) up 2.6% and NVIDIA (NVDA) down 3.4%, leaving the Mag 7 cohort down 1.7% on the day and below its 50-day trend.

Market Condition Dashboard

US 10-Year Treasury Yield
Wait & Watch
4.29%
stable
Impact
Confidence
Crude Oil (WTI)
Neutral
$65.14
+3.0% 1D
Impact
Confidence
VIX (Fear Index)
Normal Range
18.6
+3.6% 1D
Impact
Confidence
200-Day Moving Average
Bullish Trend Intact
0/3 below
SPY above (+7.1%), QQQ above (+5.3%), DIA above (+9.4%)
Impact
Confidence
Tracked Stocks Breadth (50DMA)
Pause Discretionary Adds
66%
45 of 68 above 50DMA · +7.4pp 5D
Impact
Confidence
Put/Call Ratio (5D)
Caution
0.81
Call-Heavy · rising
Impact
Confidence

Signal analysis only — not investment advice

Sector Performance (Base=100)

AI and Technology Sector Analysis

The AI investment theme shows bifurcation between the Mag 7 software beneficiaries and the chip supply chain. Alphabet (GOOG) $332.90 reported heavy AI investment that validates long-term TAM expansion even as margin pressure rises; Microsoft (MSFT) $412.35 and NVIDIA (NVDA) $173.98 are trading with 50-day weakness that reflects cautious positioning. Strength in Infrastructure names like Super Micro (SMCI) $33.76 underscores immediate demand for AI server capacity, whereas chip supply chain pullbacks, highlighted by AMD (AMD) $200.19, signal near-term execution and inventory risks for hardware providers. Enterprise Software weakness (Enterprise Software -23.0% over 20 days) argues for selective exposure to software plays tied to recurring cloud contracts rather than frontline valuation-growth names.

US Stock Sector Overview

Sector 1D 5D 20D vs 50MA
Mag 7 (AI Spenders) -1.7% -3.4% -2.7% BELOW
Chip Supply Chain -3.8% -6.6% -5.5% BELOW
Infrastructure +3.7% +3.5% +6.6% ABOVE
Enterprise Software -1.5% -6.0% -23.0% BELOW
Finance -1.0% +0.3% -3.0% ABOVE
Healthcare +3.7% +1.3% -9.7% BELOW
Retail +0.1% +5.9% +12.3% ABOVE
IT Services -0.8% -7.0% -7.2% BELOW
Airlines -0.3% +5.9% -3.6% ABOVE
Hospitality & Travel +0.6% -4.2% -6.9% BELOW
Food & Restaurant +2.8% +2.9% +9.1% ABOVE
Logistics +3.5% +11.7% +14.4% ABOVE
Industrial +0.2% +3.8% +17.1% ABOVE
Cybersecurity -0.8% -6.5% -15.6% BELOW
Chip Equipment -6.5% -12.1% +4.7% ABOVE
Data Center REITs +0.7% -1.6% +5.5% ABOVE
Utilities +0.6% +1.5% +8.2% ABOVE
Energy +2.2% +5.5% +20.7% ABOVE
Defense & Aerospace -2.6% -1.3% +10.0% ABOVE
Telecom +1.7% +11.0% +12.1% ABOVE
Media & Entertainment +1.5% -3.8% -8.4% BELOW
Biotech +5.1% +5.8% +12.4% ABOVE
Materials +2.6% +8.0% +9.2% ABOVE
Analog & Embedded Chips +0.5% +0.5% +13.3% ABOVE

Sector Strength

Biotech +5.1% 20d: +12.4%
Amgen (AMGN) +8.2% (20d: +7.2%), Gilead (GILD) +2.1% (20d: +17.6%)
Healthcare +3.7% 20d: -9.7%
Eli Lilly (LLY) +10.3% (20d: -0.1%), UnitedHealth (UNH) -2.9% (20d: -19.3%) [<50MA]
Infrastructure +3.7% 20d: +6.6%
Super Micro (SMCI) +13.8% (20d: +12.5%), Hewlett Packard Enterprise (HPE) +6.7% (20d: +3.6%), Dell (DELL) +4.2% (20d: +2.1%) [<50MA]
Logistics +3.5% 20d: +14.4%
UPS +4.4% (20d: +10.7%), FedEx (FDX) +2.6% (20d: +18.0%)
Food & Restaurant +2.8% 20d: +9.1%
Starbucks (SBUX) +4.2% (20d: +11.9%), McDonald's (MCD) +1.3% (20d: +6.4%)

Sector Warnings

Chip Equipment -6.5% 20d: +4.7%
Lam Research (LRCX) -8.8% (20d: +3.3%), Applied Materials (AMAT) -6.6% (20d: +1.8%), ASML -4.1% (20d: +9.0%)
Chip Supply Chain -3.8% 20d: -5.5%
AMD -17.3% (20d: -4.7%) [<50MA], Broadcom (AVGO) -3.8% (20d: -10.3%) [<50MA], TSMC (TSM) -3.0% (20d: +2.2%)
Defense & Aerospace -2.6% 20d: +10.0%
Lockheed Martin (LMT) -4.1% (20d: +21.3%), RTX Corp (RTX) -3.3% (20d: +5.9%), General Dynamics (GD) -0.5% (20d: +2.7%)
Mag 7 (AI Spenders) -1.7% 20d: -2.7%
Tesla (TSLA) -3.8% (20d: -5.9%) [<50MA], NVIDIA (NVDA) -3.4% (20d: -7.9%) [<50MA], Meta (META) -3.3% (20d: +3.1%)
Enterprise Software -1.5% 20d: -23.0% CRITICAL
Palantir (PLTR) -11.6% (20d: -23.2%) [<50MA], ServiceNow (NOW) +1.2% (20d: -26.4%) [<50MA], Salesforce (CRM) +1.6% (20d: -25.1%) [<50MA]

Sector Deep Dive

Chip Equipment: The chip equipment group led losses as ASML $1334.45 dropped 4.1% and Applied Materials (AMAT) $296.86 plunged 6.6%, with Lam Research (LRCX) $209.38 down 8.8%. The sector’s 50-day performance is +39.6% and remains ABOVE its 50-day moving average, but the steep 1-day and 5-day declines highlight profit-taking after a multi-month advance. For S&P 500 and sector analysis, this group’s pullback tightens supply-chain risk for AI-capacity builds even as long-term demand for lithography and tool upgrades persists.

Infrastructure: Infrastructure stood out as a leader; Super Micro (SMCI) $33.76 jumped 13.8% on blowout earnings tied to AI servers, and Hewlett Packard Enterprise (HPE) $23.02 rose 6.7%. The Infrastructure sector is +8.1% over 50 days and marked ABOVE its 50-day moving average, showing constructive trend support in the 50-day window. That divergence versus chip suppliers suggests capital expenditure is rotating from upstream equipment into system-level server deployments that directly benefit cloud providers and data center operators.

Enterprise Software: Enterprise Software posted fresh red alerts, down 23.0% over 20 days and down 16.8% over 50 days, with Palantir (PLTR) $139.54 sliding 11.6% today on valuation concerns despite solid quarter metrics. The sector is trading BELOW its 50-day moving average with clear 50-day deterioration; this reflects investor wariness of reaccelerating customer consolidation and mixed renewal dynamics. Within S&P 500 sector analysis, the technical picture argues for caution: stocks here may offer selective value for durable contract software but remain vulnerable until 50-day trends stabilize.

Biotech & Healthcare: Biotech gained 5.1% on the day with Amgen (AMGN) $360.95 up 8.2%, and Eli Lilly (LLY) $1103.38 rallied 10.3%, illustrating defensive rotation into high-conviction drug franchises. The broader Healthcare sector is negative versus its 50-day trend at -4.4% over 50 days and is currently BELOW its 50-day moving average, but the 1-day strength in large-cap names shows event-driven resilience. For sector analysis, this bifurcation suggests investors are treating heavyweight biotech winners as de-risked growth within a cautiously positioned portfolio.

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 14 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 Enterprise Software down -23.0% over 20 days
HIGH Cybersecurity down -15.6% over 20 days
HIGH Enterprise Software down -16.8% over 50 days
HIGH Cybersecurity down -18.9% over 50 days
HIGH 7 sectors declining >5% over 20 days: Chip Supply Chain, Enterprise Software, Healthcare, IT Services, Hospitality & Travel, Cybersecurity, Media & Entertainment

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
AAPL $275.98 +2.6% +7.1% +6.2% +1.8% ABOVE 0
MSFT $412.35 +0.7% -4.5% -14.3% -12.3% BELOW 0
GOOG $332.90 -2.2% -1.6% +3.4% +11.3% ABOVE 2
AMZN $232.99 -2.4% -3.6% -3.5% +5.6% BELOW 2
META $667.80 -3.3% -9.4% +3.1% +12.7% ABOVE 4
NVDA $173.98 -3.4% -9.5% -7.9% -2.6% BELOW 4
TSLA $406.01 -3.8% -2.5% -5.9% +3.8% BELOW 1
Chip Supply Chain Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
QCOM $147.40 +1.2% -2.2% -17.4% -8.4% BELOW 0
ARM $104.90 +0.3% -3.3% -9.3% -20.3% BELOW 0
INTC $48.60 -1.3% -0.1% +14.0% +40.9% ABOVE 1
MRVL $73.67 -2.4% -9.4% -12.8% -4.7% BELOW 5
TSM $324.07 -3.0% -4.1% +2.2% +18.7% ABOVE 2
AVGO $306.92 -3.8% -6.9% -10.3% -9.3% BELOW 3
AMD $200.19 -17.3% -20.6% -4.7% -1.8% BELOW 2
Infrastructure Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
SMCI $33.76 +13.8% +12.1% +12.5% +4.9% ABOVE 0
HPE $23.02 +6.7% +5.6% +3.6% +13.9% ABOVE 0
DELL $121.66 +4.2% +3.0% +2.1% +0.1% BELOW 0
CSCO $80.42 -2.3% +3.5% +8.6% +7.2% ABOVE 1
VRT $182.48 -4.0% -6.4% +6.4% +14.3% ABOVE 1
Enterprise Software Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
ADBE $279.71 +2.9% -4.1% -17.3% -13.7% BELOW 0
CRM $198.43 +1.6% -6.8% -25.1% -12.0% BELOW 0
NOW $111.07 +1.2% -4.8% -26.4% -31.7% BELOW 0
PLTR $139.54 -11.6% -8.1% -23.2% -9.9% BELOW 1
Finance Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
JPM $314.24 +0.8% +3.5% -3.0% +6.9% ABOVE 0
GS $904.53 -2.7% -2.9% -2.9% +18.6% ABOVE 2
Healthcare Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
LLY $1103.38 +10.3% +8.1% -0.1% +4.5% ABOVE 0
UNH $272.24 -2.9% -5.6% -19.3% -13.2% BELOW 5
Retail Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
WMT $127.49 +0.2% +9.0% +13.6% +21.8% ABOVE 0
COST $976.93 +0.0% +2.8% +11.0% +9.0% ABOVE 0
IT Services Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
ACN $236.77 +0.2% -7.5% -11.8% -4.1% BELOW 0
IBM $285.31 -1.8% -6.5% -2.6% -2.8% BELOW 2
Airlines Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
DAL $70.31 +0.6% +6.5% -1.1% +21.0% ABOVE 0
UAL $109.48 -1.2% +5.3% -6.1% +18.7% ABOVE 1
Hospitality & Travel Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
MAR $323.30 +1.9% +1.5% +1.7% +9.7% ABOVE 0
BKNG $183.40 -0.8% -9.9% -15.4% -3.2% BELOW 2
Food & Restaurant Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
SBUX $95.79 +4.2% +3.3% +11.9% +13.6% ABOVE 0
MCD $319.72 +1.3% +2.6% +6.4% +5.3% ABOVE 0
Logistics Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
UPS $113.23 +4.4% +10.1% +10.7% +23.3% ABOVE 0
FDX $289.87 +2.6% +13.3% +18.0% +35.2% ABOVE 0
Industrial Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
HON $244.27 +1.9% +3.6% +18.0% +23.9% ABOVE 0
CAT $690.51 -1.6% +4.0% +16.2% +26.0% ABOVE 1
Cybersecurity Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
PANW $166.72 +0.3% -5.4% -14.0% -8.8% BELOW 0
ZS $185.79 -1.2% -7.4% -19.6% -32.4% BELOW 2
CRWD $103.84 -1.5% -6.6% -13.3% -15.3% BELOW 6
Chip Equipment Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
ASML $1334.45 -4.1% -8.0% +9.0% +38.5% ABOVE 2
AMAT $296.86 -6.6% -12.8% +1.8% +32.9% ABOVE 2
LRCX $209.38 -8.8% -15.5% +3.3% +47.3% ABOVE 2
Data Center REITs Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
DLR $164.56 +1.4% -0.4% +7.7% +7.0% ABOVE 0
EQIX $793.86 +0.0% -2.9% +3.3% +6.3% ABOVE 0
Utilities Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
NEE $88.71 +1.3% +2.0% +14.8% +7.8% ABOVE 0
DUK $120.14 +0.4% +1.1% +5.2% -0.5% ABOVE 0
SO $88.85 +0.2% +1.3% +4.7% +1.1% ABOVE 0
Energy Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
XOM $145.62 +2.7% +5.0% +24.6% +26.1% ABOVE 0
CVX $177.85 +1.8% +5.9% +16.8% +20.8% ABOVE 0
Defense & Aerospace Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
GD $350.19 -0.5% +1.0% +2.7% +4.3% ABOVE 1
RTX $195.28 -3.3% -1.6% +5.9% +15.9% ABOVE 1
LMT $595.70 -4.1% -3.2% +21.3% +31.8% ABOVE 2
Telecom Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
TMUS $199.74 +2.1% +6.6% +2.3% -3.2% ABOVE 0
VZ $45.54 +1.6% +18.1% +19.2% +16.0% ABOVE 0
T $26.58 +1.5% +8.3% +14.9% +6.2% ABOVE 0
Media & Entertainment Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
DIS $106.24 +2.7% -4.1% -5.2% +3.4% BELOW 0
NFLX $80.16 +0.3% -3.6% -11.6% -23.2% BELOW 0
Biotech Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
AMGN $360.95 +8.2% +6.8% +7.2% +8.5% ABOVE 0
GILD $144.45 +2.1% +4.8% +17.6% +16.2% ABOVE 0
Materials Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
APD $283.05 +3.1% +11.9% +9.4% +12.2% ABOVE 0
LIN $470.26 +2.1% +4.0% +9.0% +15.1% ABOVE 0
Analog & Embedded Chips Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
MCHP $77.38 +2.0% -1.4% +5.8% +55.1% ABOVE 0
TXN $221.79 -1.0% +2.5% +20.8% +40.8% ABOVE 1

Key Stock Movers

Today's biggest movers by absolute percentage change: AMD (Chip Supply Chain) fell 17.3% to $200.19. Super Micro (SMCI) (Infrastructure) rose 13.8% to $33.76. Palantir (PLTR) (Enterprise Software) fell 11.6% to $139.54. Eli Lilly (LLY) (Healthcare) rose 10.3% to $1103.38. Lam Research (LRCX) (Chip Equipment) fell 8.8% to $209.38. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 5 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 16 sectors above their 50MA and eight below, breadth remains modestly positive but concentrated: seven sectors are down more than 5% over 20 days, triggering multiple HIGH alerts for Enterprise Software and Cybersecurity. The 50-day trends show a market in rotation — Infrastructure and Chip Equipment still exhibit strong 50-day gains while Enterprise Software and Chip Supply Chain show clear deterioration. Positioning guidance: favor selective exposure to Infrastructure and defensive healthcare leaders, trim near-term cyclicals in the chip supply chain, and avoid broad enterprise software punts until 50-day momentum confirms a reversal.

Hypothetical Portfolio

SIMULATION
Value $101,493
P&L +1.49%
Today +0.07%
View full portfolio → Simulation only. Not investment advice.
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