US Stock Market Sector Analysis – Wednesday, March 04, 2026 BULLISH

Broadcom’s strong earnings and commentary that demand from AI customers remains robust led today’s market action, pushing chip-related groups higher even as China set its lowest growth target in decades and global growth worries lingered. Chip Supply Chain and Chip Equipment outperformed, with Chip Equipment up 2.5% and the Chip Supply Chain also up 2.5%, while Energy slipped -1.4% on profit taking despite Chevron (CVX) holding near $184.34. The Mag 7 showed mixed strength — Amazon (AMZN) climbed 3.9% to $216.82 and NVIDIA (NVDA) added 1.7% to $182.82, but the Mag 7 group remains below its 50-day average (-5.7%). Overall, 16 sectors rose versus four down today, reflecting selective rotation into AI-capacity and infrastructure names following the earnings beat.

Market Condition Dashboard

US 10-Year Treasury Yield

Wait & Watch

4.09%

stable

Impact

Confidence

Crude Oil (WTI)

Neutral

$74.66

+0.1% 1D

Impact

Confidence

VIX (Fear Index)

Elevated Caution

21.1

-10.3% 1D

Impact

Confidence

200-Day Moving Average

Bullish Trend Intact

0/3 below

SPY above (+4.9%), QQQ above (+4.0%), DIA above (+6.0%)

Impact

Confidence

Tracked Stocks Breadth (50DMA)

Healthy Uptrend

57%

39 of 68 above 50DMA · -1.5pp 5D

Impact

Confidence

Put/Call Ratio (5D)

Caution

0.82

Call-Heavy · stable

Impact

Confidence

Signal analysis only — not investment advice

Sector Performance (Base=100)

AI and Technology Sector Analysis

The AI investment theme today centered on demand signals from large-cap AI spenders and the upstream capacity to service that demand. NVIDIA (NVDA) $182.82 and AMD $202.07 led chip-related strength while Broadcom’s beat reinforced the case for continued enterprise capex on AI infrastructure. That bid rippled into Infrastructure names like Super Micro (SMCI) $32.65 and supported selective enterprise software and security beneficiaries such as CrowdStrike (CRWD) $101.92, though the Mag 7’s 50-day weakness cautions against a full-risk chase.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	+1.5%	+0.0%	-2.6%	BELOW
Chip Supply Chain	+2.5%	-2.4%	+3.6%	BELOW
Infrastructure	+2.5%	+5.2%	+9.5%	ABOVE
Enterprise Software	+1.0%	+4.8%	+1.7%	BELOW
Finance	+0.1%	-4.2%	-5.1%	BELOW
Healthcare	+0.3%	+0.0%	-1.7%	BELOW
Retail	-0.1%	+2.4%	+1.4%	ABOVE
IT Services	+1.0%	+2.3%	-13.0%	BELOW
Airlines	-1.6%	-11.6%	-8.9%	BELOW
Hospitality & Travel	+1.2%	-2.0%	-2.0%	BELOW
Food & Restaurant	+0.2%	-0.6%	+1.9%	ABOVE
Logistics	-1.0%	-3.1%	+1.0%	ABOVE
Industrial	+1.1%	-0.1%	+5.4%	ABOVE
Cybersecurity	+2.2%	+2.1%	-7.6%	BELOW
Chip Equipment	+2.5%	-5.3%	+10.5%	ABOVE
Data Center REITs	+1.1%	+2.9%	+15.5%	ABOVE
Utilities	+0.4%	+1.6%	+7.1%	ABOVE
Energy	-1.4%	+0.9%	+2.9%	ABOVE
Defense & Aerospace	+0.3%	+4.7%	+7.0%	ABOVE
Telecom	+0.8%	+4.6%	+8.3%	ABOVE
Media & Entertainment	+0.4%	+7.1%	+9.7%	BELOW
Biotech	+0.4%	+1.5%	+2.8%	ABOVE
Materials	-0.0%	-0.3%	+0.6%	ABOVE
Analog & Embedded Chips	-1.1%	-5.8%	-9.7%	BELOW

Sector Strength

Chip Supply Chain +2.5% 20d: +3.6%

AMD +5.8% (20d: +0.9%) [<50MA], Intel (INTC) +5.8% (20d: -6.2%), ARM Holdings (ARM) +2.0% (20d: +18.3%)

Infrastructure +2.5% 20d: +9.5%

Super Micro (SMCI) +6.4% (20d: -3.3%), Vertiv (VRT) +2.8% (20d: +37.6%), Cisco (CSCO) +2.4% (20d: -0.4%)

Chip Equipment +2.5% 20d: +10.5%

ASML +2.8% (20d: +4.6%), Lam Research (LRCX) +2.8% (20d: +6.4%), Applied Materials (AMAT) +1.8% (20d: +20.4%)

Cybersecurity +2.2% 20d: -7.6%

CrowdStrike (CRWD) +4.2% (20d: -1.8%) [<50MA], Palo Alto Networks (PANW) +1.6% (20d: -4.9%) [<50MA], Zscaler (ZS) +1.0% (20d: -15.9%) [<50MA]

Mag 7 (AI Spenders) +1.5% 20d: -2.6%

Amazon (AMZN) +3.9% (20d: -6.9%) [<50MA], Tesla (TSLA) +3.4% (20d: -0.0%) [<50MA], Meta (META) +1.9% (20d: -0.2%)

Sector Warnings

Airlines -1.6% 20d: -8.9%

United (UAL) -2.0% (20d: -8.2%) [<50MA], Delta (DAL) -1.2% (20d: -9.7%) [<50MA]

Energy -1.4% 20d: +2.9%

Chevron (CVX) -1.5% (20d: +3.7%), Exxon Mobil (XOM) -1.3% (20d: +2.2%)

Analog & Embedded Chips -1.1% 20d: -9.7%

Microchip Technology (MCHP) -2.1% (20d: -10.1%) [<50MA], Texas Instruments (TXN) -0.1% (20d: -9.2%)

Logistics -1.0% 20d: +1.0%

UPS -2.4% (20d: -4.0%), FedEx (FDX) +0.4% (20d: +5.9%)

Sector Deep Dive

Chip Supply Chain and Chip Equipment produced the day’s clearest leadership: Chip Equipment is up 2.5% on the day and sits +34.0% over 50 days, signaling a strong 50-day uptrend, while Chip Supply Chain gained 2.5% but remains only +2.4% versus its 50-day average. Advanced Micro Devices (AMD) $202.07 jumped 5.8% today, and Intel (INTC) $45.58 also rose 5.8%, both outperforming within the 50-day context where equipment is showing pronounced strength but the broader supply chain is more mixed.

Cybersecurity and Enterprise Software diverged intraday as buyers favored select security names but structural 50-day weakness persists. CrowdStrike (CRWD) $101.92 rose 4.2% and Trade interest in cybersecurity names lifted the group, yet Cybersecurity is down -21.1% versus its 50-day average, flagging a major drawdown. Enterprise Software saw Palantir (PLTR) $153.19 climb 4.1% while Salesforce (CRM) $192.10 lagged -1.5%; nevertheless, the Enterprise Software sector is down -24.1% over 50 days, an elevated-risk regime for long exposure.

Infrastructure and Data Center REITs showed rotation into capacity plays tied to AI and cloud. Infrastructure is up 2.5% today and +14.2% versus its 50-day average, with Super Micro (SMCI) $32.65 surging 6.4% as the top gainer in the group. Data Center REITs are up 1.1% and +25.1% over 50 days, reinforcing the multi-week trend that favors physical capacity and systems that support expanding AI workloads.

Energy and Transportation painted a mixed macro picture: Energy slipped -1.4% for the day but remains +28.2% over 50 days, showing that the sector’s long-term uptrend remains intact despite today’s pullback, with Chevron (CVX) down -1.5% to $184.34. Airlines and Logistics underperformed — Airlines dropped -1.6% and are -10.9% versus 50 days, while Logistics fell -1.0% and sits +21.5% over 50 days, underscoring divergent 50-day trends across transportation-related subsectors.

Market Breadth Analysis

US stock market breadth analysis shows 13 of 24 sectors trading above their 50-day moving average, while 11 are below. The majority of sectors holding above the 50-day MA indicates healthy medium-term momentum. With 16 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 IT Services down -13.0% over 20 days

HIGH Enterprise Software down -24.1% over 50 days

HIGH IT Services down -19.7% over 50 days

HIGH Cybersecurity down -21.1% over 50 days

HIGH 5 sectors declining >5% over 20 days: Finance, IT Services, Airlines, Cybersecurity, Analog & Embedded Chips

HIGH 4 sectors declining >10% over 50 days: Enterprise Software, IT Services, Airlines, Cybersecurity

LOW Analog & Embedded Chips 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
AMZN	$216.82	+3.9%	+4.3%	-6.9%	-4.6%	BELOW	0
TSLA	$405.94	+3.4%	-0.6%	-0.0%	-15.6%	BELOW	0
META	$666.54	+1.9%	+1.6%	-0.2%	+1.4%	ABOVE	0
NVDA	$182.82	+1.7%	-1.0%	+5.1%	+1.1%	BELOW	0
MSFT	$404.32	+0.3%	+0.9%	-1.9%	-16.4%	BELOW	0
GOOG	$303.05	-0.0%	-1.2%	-9.0%	-1.7%	BELOW	3
AAPL	$262.28	-0.5%	-3.8%	-5.0%	-4.0%	BELOW	2

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
AMD	$202.07	+5.8%	-0.8%	+0.9%	-5.3%	BELOW
INTC	$45.58	+5.8%	+0.3%	-6.2%	+23.8%	ABOVE
ARM	$124.11	+2.0%	-4.0%	+18.3%	+8.8%	ABOVE
TSM	$355.60	+1.2%	-5.1%	+9.7%	+23.7%	ABOVE
AVGO	$316.36	+1.2%	-1.3%	+3.1%	-6.5%	BELOW
QCOM	$138.11	+1.0%	-4.2%	-6.3%	-20.4%	BELOW
MRVL	$78.03	+0.7%	-1.5%	+5.9%	-7.1%	BELOW

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SMCI	$32.65	+6.4%	+1.1%	-3.3%	+5.0%	ABOVE	0
VRT	$251.17	+2.8%	-3.1%	+37.6%	+57.2%	ABOVE	0
CSCO	$80.13	+2.4%	+3.5%	-0.4%	+3.7%	ABOVE	0
DELL	$146.65	+1.3%	+21.1%	+20.5%	+16.9%	ABOVE	0
HPE	$21.35	-0.4%	+3.4%	-7.3%	-11.8%	BELOW	2

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
PLTR	$153.19	+4.1%	+12.7%	+9.8%	-20.8%	BELOW	0
ADBE	$273.12	+0.8%	+5.4%	-2.4%	-23.3%	BELOW	0
NOW	$113.86	+0.6%	+4.2%	+2.5%	-26.7%	BELOW	0
CRM	$192.10	-1.5%	-3.2%	-3.2%	-25.7%	BELOW	1

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GS	$863.44	+0.5%	-6.2%	-4.5%	-2.4%	BELOW	0
JPM	$296.53	-0.3%	-2.2%	-5.6%	-5.2%	BELOW	1

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UNH	$288.06	+1.0%	+1.8%	+5.8%	-10.8%	BELOW	0
LLY	$1001.85	-0.4%	-1.8%	-9.2%	-6.2%	BELOW	3

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WMT	$127.31	-0.1%	+2.7%	-0.1%	+11.8%	ABOVE	1
COST	$1005.28	-0.1%	+2.0%	+2.9%	+17.8%	ABOVE	1

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
IBM	$248.23	+1.9%	+3.3%	-13.0%	-16.4%	BELOW	0
ACN	$205.76	+0.1%	+1.3%	-13.1%	-22.9%	BELOW	0

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DAL	$63.50	-1.2%	-9.5%	-9.7%	-9.9%	BELOW	1
UAL	$100.48	-2.0%	-13.7%	-8.2%	-11.9%	BELOW	4

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
BKNG	$169.33	+2.4%	+0.1%	-7.7%	-21.1%	BELOW	0
MAR	$335.28	+0.0%	-4.2%	+3.7%	+8.5%	ABOVE	0

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
SBUX	$96.58	+0.5%	-0.9%	+0.8%	+10.7%	ABOVE	0
MCD	$329.51	-0.1%	-0.3%	+3.1%	+5.6%	ABOVE	3

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
FDX	$307.10	+0.4%	-0.9%	+5.9%	+33.0%	ABOVE	0
UPS	$108.67	-2.4%	-5.3%	-4.0%	+9.9%	ABOVE	4

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CAT	$730.58	+1.4%	-2.8%	+5.8%	+27.3%	ABOVE	0
HON	$256.56	+0.9%	+2.6%	+5.0%	+24.1%	ABOVE	0

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
CRWD	$101.92	+4.2%	+7.0%	-1.8%	-15.3%	BELOW
PANW	$158.56	+1.6%	+6.1%	-4.9%	-15.2%	BELOW
ZS	$156.21	+1.0%	-6.7%	-15.9%	-32.8%	BELOW

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
ASML	$1396.32	+2.8%	-4.4%	+4.6%	+32.7%	ABOVE
LRCX	$222.83	+2.8%	-6.6%	+6.4%	+29.6%	ABOVE
AMAT	$357.32	+1.8%	-4.8%	+20.4%	+39.7%	ABOVE

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DLR	$180.18	+2.5%	+3.5%	+9.5%	+21.8%	ABOVE	0
EQIX	$964.27	-0.3%	+2.2%	+21.5%	+28.5%	ABOVE	1

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
SO	$96.83	+0.9%	+1.3%	+9.0%	+15.4%	ABOVE
DUK	$130.75	+0.3%	+2.1%	+8.8%	+15.1%	ABOVE
NEE	$91.93	+0.0%	+1.3%	+3.6%	+17.2%	ABOVE

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
XOM	$148.81	-1.3%	+0.9%	+2.2%	+29.2%	ABOVE	2
CVX	$184.34	-1.5%	+1.0%	+3.7%	+27.1%	ABOVE	2

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
RTX	$207.95	+1.1%	+5.7%	+6.5%	+15.1%	ABOVE	0
GD	$362.83	+0.4%	+4.4%	+3.6%	+8.3%	ABOVE	0
LMT	$660.16	-0.5%	+4.1%	+10.8%	+40.9%	ABOVE	2

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
T	$28.30	+1.1%	+5.5%	+6.5%	+21.4%	ABOVE
VZ	$49.60	+0.6%	+4.7%	+8.9%	+30.8%	ABOVE
TMUS	$218.52	+0.5%	+3.6%	+9.4%	+12.2%	ABOVE

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NFLX	$98.66	+1.0%	+16.6%	+23.1%	+4.5%	ABOVE	0
DIS	$102.26	-0.3%	-2.4%	-3.7%	-7.4%	BELOW	3

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AMGN	$376.43	+0.6%	-0.0%	+4.3%	+16.7%	ABOVE	0
GILD	$146.42	+0.3%	+3.1%	+1.4%	+19.3%	ABOVE	0

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
APD	$270.81	+0.4%	-0.7%	-4.3%	+15.1%	ABOVE	0
LIN	$495.95	-0.5%	+0.1%	+5.5%	+18.5%	ABOVE	2

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TXN	$201.37	-0.1%	-4.8%	-9.2%	+15.6%	ABOVE	5
MCHP	$69.55	-2.1%	-6.8%	-10.1%	+8.3%	BELOW	8

Key Stock Movers

Today's biggest movers by absolute percentage change: Super Micro (SMCI) (Infrastructure) rose 6.4% to $32.65. AMD (Chip Supply Chain) rose 5.8% to $202.07. Intel (INTC) (Chip Supply Chain) rose 5.8% to $45.58. CrowdStrike (CRWD) (Cybersecurity) rose 4.2% to $101.92. Palantir (PLTR) (Enterprise Software) rose 4.1% to $153.19. 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

Breadth is constructive with 16 sectors up and 13 sectors trading above their 50-day moving averages versus 11 below, but the active alert slate demands caution: four sectors are down more than 10% over 50 days and five sectors are declining over 20 days, including IT Services and Enterprise Software. With chip equipment and data center capacity trending positively over the 50-day window while cybersecurity and enterprise software remain deeply below, positioning should be selective — overweight AI-capacity and infrastructure names, underweight extended software names, and use options or size discipline to manage risk given mixed 50-day breadth.

Hypothetical Portfolio

SIMULATION

Value $104,801

P&L +4.80%

Today +0.98%

View full portfolio → Simulation only. Not investment advice.

← 2026-03-03

Calendar

2026-03-05 →