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US Stock Market Sector Analysis – Tuesday, November 03, 2026 Sectors: MIXED

Eaton (ETN) stole the spotlight after a Q3 beat — EPS $3.68 versus $3.58 estimate — sending ETN up 7.0% to $391.70 and lifting the AI Power & Grid cohort today. The US stock market showed mixed breadth: 15 sectors advanced while 11 fell, and only 13 of 28 sectors remain above their 50-day moving average. The Magnificent 7 were generally constructive with Microsoft (MSFT) +2.7% to $520.99 and NVIDIA (NVDA) +2.3% to $206.69, though several Mag 7 members remain below their 50-day trend. Other notable movers included GE Vernova (GEV) +6.5% to $918.20 and Oracle (ORCL) +5.8% to $126.19, underscoring rotation into AI power, infrastructure and select software names after company-specific news.

Market Condition Dashboard

US 10-Year Treasury Yield
Sell
4.94%
rising
Impact
Confidence
Crude Oil (WTI)
Elevated
$96.76
+0.3% 1D
Impact
Confidence
VIX (Fear Index)
Elevated Caution
20.8
-1.5% 1D
Impact
Confidence
200-Day Moving Average
Bullish Trend Intact
0/3 below
SPY above (+3.6%), QQQ above (+0.8%), DIA above (+2.5%)
Impact
Confidence
CNN Fear & Greed Index
Buy-Prep Signal Active
19
Extreme Fear (-4)
Impact
Confidence
Portfolio-Universe Breadth (50DMA)
Add Cash
43%
37 of 86 above 50DMA · -10.5pp 5D
Impact
Confidence
Put/Call Ratio (5D)
Caution
0.83
Call-Heavy · rising
Impact
Confidence

Signal analysis only — not investment advice

Sector Heatmap (1D)

AI Power & Grid +5.07%
AI Networking & Interconnect +4.24%
Infrastructure +3.48%
Memory & Storage +3.18%
Analog & Embedded Chips +2.50%
Data Center REITs +2.26%
Chip Supply Chain +1.84%
Chip Equipment +1.77%
Media & Entertainment +1.34%
Industrial +0.90%
Mag 7 (AI Spenders) +0.90%
Enterprise Software +0.66%
Hospitality & Travel +0.63%
Cybersecurity +0.45%
Healthcare +0.44%
EDA & Semiconductor IP +0.15%
Defense & Aerospace +0.05%
Logistics -0.28%
Food & Restaurant -0.31%
Finance -0.53%
Airlines -1.01%
Utilities -1.06%
Telecom -1.13%
Energy -1.16%
Materials -1.27%
Biotech -1.29%
IT Services -1.71%
Retail -2.13%
≤-3%0≥+3%

Sector Performance (Base=100)

Today's Market Events

Earnings Releases

  • Advanced Micro Devices (AMD) Reports After Close
  • Amgen (AMGN) Reports After Close
  • Arista Networks (ANET) Reports After Close
  • Booking (BKNG) Reports After Close
  • Eaton (ETN) EPS: $3.68 vs est $3.58 (beat)
  • Super Micro (SMCI) Reports After Close

AI and Technology Sector Analysis

The AI investment theme today is bifurcated: software and cloud incumbents are firm while the broader chip supply chain and memory complex continue to digest extended weakness. Microsoft (MSFT) $520.99 and NVIDIA (NVDA) $206.69 led gains among the Mag 7, but NVDA remains 50d:-3.0% below its 50-day trend even as MSFT is 50d:+6.0% above, highlighting stock-specific strength inside the theme. Pressure persists across Chip Supply Chain and Memory & Storage where 20d declines exceed 20% and 50d trends are negative, arguing for selective exposure to EDA & Semiconductor IP and AI Networking & Interconnect winners with durable revenue streams. Investors should weight exposure toward enterprise software and infrastructure names poised to monetize AI deployments while trimming cyclical supply-chain risk.

US Stock Sector Overview

Sector 1D 5D 20D vs 50MA
Mag 7 (AI Spenders) +0.9% -3.5% -6.8% BELOW
Chip Supply Chain +1.8% -18.0% -24.1% BELOW
Memory & Storage +3.2% -15.1% -25.4% BELOW
EDA & Semiconductor IP +0.2% -7.9% -16.1% ABOVE
Infrastructure +3.5% -10.2% -20.5% BELOW
AI Networking & Interconnect +4.2% -6.1% -21.0% BELOW
Enterprise Software +0.7% -12.1% -7.5% BELOW
Finance -0.5% -1.8% +1.8% BELOW
Healthcare +0.4% +4.4% +13.1% ABOVE
Retail -2.1% +4.5% +11.8% ABOVE
IT Services -1.7% +1.7% +21.4% ABOVE
Airlines -1.0% +3.7% -1.2% BELOW
Hospitality & Travel +0.6% +5.4% +8.3% BELOW
Food & Restaurant -0.3% +3.3% +12.9% ABOVE
Logistics -0.3% +3.9% +14.2% ABOVE
Industrial +0.9% -5.2% -7.8% BELOW
Cybersecurity +0.4% -10.5% -5.4% ABOVE
Chip Equipment +1.8% -6.4% -22.8% BELOW
Data Center REITs +2.3% +0.5% -0.9% BELOW
AI Power & Grid +5.1% +2.5% -10.3% BELOW
Utilities -1.1% +3.0% +9.6% ABOVE
Energy -1.2% -2.1% +9.0% ABOVE
Defense & Aerospace +0.0% +3.7% +18.8% ABOVE
Telecom -1.1% +4.1% -6.4% BELOW
Media & Entertainment +1.3% +3.5% -0.0% BELOW
Biotech -1.3% +3.6% +12.9% ABOVE
Materials -1.3% +1.3% +9.1% ABOVE
Analog & Embedded Chips +2.5% -0.9% +3.4% ABOVE

Sector Strength

AI Power & Grid +5.1% 20d: -10.3%
Eaton (ETN) +7.0% (20d: -9.2%) [<50MA], GE Vernova (GEV) +6.5% (20d: -7.9%) [<50MA], Quanta Services (PWR) +5.8% (20d: -6.3%)
AI Networking & Interconnect +4.2% 20d: -21.0%
Amphenol (APH) +5.4% (20d: -3.8%), Coherent (COHR) +3.8% (20d: -38.0%) [<50MA], Arista Networks (ANET) +3.5% (20d: -21.3%) [<50MA]
Infrastructure +3.5% 20d: -20.5%
Vertiv (VRT) +5.2% (20d: -4.3%) [<50MA], Dell (DELL) +4.0% (20d: -29.5%) [<50MA], Hewlett Packard Enterprise (HPE) +3.7% (20d: -26.3%) [<50MA]
Memory & Storage +3.2% 20d: -25.4%
Sandisk (SNDK) +4.8% (20d: -33.4%) [<50MA], SK Hynix (HYNX) +3.8% (20d: -33.1%) [<50MA], Western Digital (WDC) +2.6% (20d: -14.3%) [<50MA]
Analog & Embedded Chips +2.5% 20d: +3.4%
Texas Instruments (TXN) +3.5% (20d: +8.1%), Microchip Technology (MCHP) +2.4% (20d: -0.2%), Analog Devices (ADI) +1.7% (20d: +2.4%)

Sector Warnings

Retail -2.1% 20d: +11.8%
Walmart (WMT) -2.2% (20d: +15.4%), Costco (COST) -2.0% (20d: +8.2%)
IT Services -1.7% 20d: +21.4%
Accenture (ACN) -2.4% (20d: +29.5%), International Business Machines (IBM) -1.0% (20d: +13.4%)
Biotech -1.3% 20d: +12.9%
Gilead (GILD) -1.7% (20d: +14.0%), Amgen (AMGN) -0.9% (20d: +11.7%)
Materials -1.3% 20d: +9.1%
Linde (LIN) -1.6% (20d: +5.7%), Air Products (APD) -1.0% (20d: +12.5%)
Energy -1.2% 20d: +9.0%
Exxon Mobil (XOM) -1.2% (20d: +8.2%), Chevron (CVX) -1.1% (20d: +9.8%)

Sector Deep Dive

AI Power & Grid: Eaton (ETN) led the sector after a Q3 EPS beat, advancing 7.0% to $391.70 and lifting peers; GE Vernova (GEV) rallied 6.5% to $918.20 and Quanta Services (PWR) gained 5.8% to $657.00. The sector's 1-day +5.1% masks a 20d -10.3% and a 50d -0.3% context, indicating short-term recovery but lingering 50-day pressure. Over the 50-day window, ETN's pop suggests renewed investor interest in power infrastructure plays that support AI-scale electrification, yet the sector remains flagged among the high alerts for 20d declines and second-order cyclicality.

Memory & Storage: The Memory & Storage group outperformed intraday at +3.2% but sits deep in correction with a 20d -25.4% and 50d -20.5%. Micron-level dynamics are reflected in the sector alert — Memory & Storage down -25.4% over 20 days — and the 50-day weakness signals capital spending slippage across customers. Short-term bounces should be treated as mean-reversion attempts unless volume and 50-day trends improve; the current technical set-up favors selective bottom-fishing rather than broad risk-on allocations.

Enterprise Software: Oracle (ORCL) led enterprise software strength, rising 5.8% to $126.19 while Oracle's move contrasts with Adobe (ADBE) down 2.1% to $246.14 and Accenture (ACN) lower by 2.4% to $254.56. The sector shows a 1-day +0.7% but a 50d -5.5% trend, with 20d -12.1% pressure suggesting earnings and guidance sensitivity across large-cap vendors. Over the 50-day window, ORCL's breakout highlights differentiation for vendors with clear AI monetization pathways, whereas names lacking visible near-term margins leverage remain underperformers.

Chip Supply Chain & AI Networking: The Chip Supply Chain index gained 1.8% today yet carries a harsh 20d -24.1% and 50d -11.0% profile, while AI Networking & Interconnect jumped 4.2% but is 50d -10.9%. Amphenol (APH) rose 5.4% to $84.19 as a beneficiary of networking demand, yet the broader set is on the active alert list for sustained declines over both 20- and 50-day windows. The 50-day trend context argues that short-term rallies are corrective; investors should favor companies with structural AI demand and stable order books rather than cyclical suppliers exposed to inventory corrections.

Market Breadth Analysis

US stock market breadth analysis shows 13 of 28 sectors trading above their 50-day moving average, while 15 are below. With the majority of sectors below the 50-day MA, medium-term momentum is deteriorating. The 20-day breadth shows 15 sectors in negative territory, pointing to widespread selling pressure.

Interactive Charts

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

Green shading marks regimes where portfolio-universe breadth (the share of the site's tracked tickers above their 50-day average) is below 50%: 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. Whole-market S&P 500 breadth is on the Breadth tab.

50-Day Sector Performance

1-Day vs 5-Day Sector Change

Active Alerts

HIGH Chip Supply Chain down -24.1% over 20 days
HIGH Memory & Storage down -25.4% over 20 days
HIGH EDA & Semiconductor IP down -16.1% over 20 days
HIGH Infrastructure down -20.5% over 20 days
HIGH AI Networking & Interconnect down -21.0% over 20 days
HIGH Chip Equipment down -22.8% over 20 days
HIGH AI Power & Grid down -10.3% over 20 days
HIGH Memory & Storage down -20.5% over 50 days
HIGH Chip Equipment down -18.2% over 50 days
HIGH 12 sectors declining >5% over 20 days: Mag 7 (AI Spenders), Chip Supply Chain, Memory & Storage, EDA & Semiconductor IP, Infrastructure, AI Networking & Interconnect, Enterprise Software, Industrial, Cybersecurity, Chip Equipment, AI Power & Grid, Telecom
HIGH 7 sectors declining >10% over 50 days: Chip Supply Chain, Memory & Storage, AI Networking & Interconnect, Finance, Chip Equipment, Telecom, Media & Entertainment
MEDIUM GOOG down -20.4% from 20-day high
MEDIUM META down -18.6% from 20-day high

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
MSFT $520.99 +2.7% -1.9% -1.7% +6.0% ABOVE 0
META $621.03 +2.4% +1.4% -13.9% +8.9% BELOW 0
NVDA $206.69 +2.3% -4.0% -13.0% -3.0% BELOW 0
AMZN $250.69 +2.1% -1.5% -3.6% -4.0% BELOW 0
GOOG $278.27 +0.1% -13.6% -19.9% -19.0% BELOW 0
TSLA $398.50 -1.3% -1.4% +5.5% +13.8% ABOVE 1
AAPL $331.90 -1.9% -3.5% -1.4% +7.1% BELOW 3
Chip Supply Chain Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
AMD $483.90 +3.7% -16.3% -25.1% +1.0% BELOW 0
AVGO $332.13 +3.1% -5.6% -11.8% -6.9% BELOW 0
TSM $404.80 +1.5% -7.9% -14.3% -3.0% BELOW 0
QCOM $164.43 +1.4% -10.1% -7.2% +2.4% BELOW 0
INTC $60.55 +1.0% -36.6% -46.5% -30.8% BELOW 0
MRVL $171.97 +0.3% -31.7% -39.6% -28.5% BELOW 0
Memory & Storage Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
SNDK $1126.52 +4.8% -19.8% -33.4% -23.9% BELOW 0
HYNX $17.47 +3.8% -17.3% -33.1% -21.3% BELOW 0
WDC $347.35 +2.6% -12.4% -14.3% -22.9% BELOW 0
MU $855.10 +2.6% -13.0% -21.4% -8.3% BELOW 0
STX $606.38 +2.1% -13.1% -24.9% -26.2% BELOW 0
EDA & Semiconductor IP Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
ARM $202.49 +2.9% -14.2% -31.2% -16.2% BELOW 0
SNPS $462.88 -0.7% -3.9% -7.9% +13.2% ABOVE 3
CDNS $323.75 -1.7% -5.5% -9.1% -2.5% ABOVE 1
Infrastructure Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
VRT $235.97 +5.2% -2.9% -4.3% -7.7% BELOW 0
DELL $408.40 +4.0% -17.3% -29.5% -9.5% BELOW 0
HPE $53.10 +3.7% -12.0% -26.3% -0.6% BELOW 0
SMCI $31.39 +3.1% -12.3% -30.2% -18.4% BELOW 0
CSCO $102.97 +1.3% -6.6% -12.3% -7.3% BELOW 0
AI Networking & Interconnect Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
APH $84.19 +5.4% +4.0% -3.8% +6.2% ABOVE 0
COHR $207.49 +3.8% -13.4% -38.0% -28.0% BELOW 0
ANET $169.91 +3.5% -9.0% -21.3% -11.0% BELOW 0
Enterprise Software Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
ORCL $126.19 +5.8% -12.7% -11.8% -12.8% BELOW 0
NOW $109.16 +3.0% -27.3% -20.8% -14.0% BELOW 0
PLTR $175.40 -1.6% -10.9% -9.6% +1.5% BELOW 6
CRM $222.20 -1.8% -8.2% -1.1% +8.0% BELOW 4
ADBE $246.14 -2.1% -1.4% +5.7% -10.1% BELOW 1
Finance Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
GS $896.09 -0.3% -3.1% +1.0% -15.4% BELOW 1
JPM $337.98 -0.8% -0.4% +2.5% -5.2% BELOW 1
Healthcare Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
UNH $404.44 +1.0% -0.7% +7.6% +2.0% ABOVE 0
LLY $1409.38 -0.1% +9.4% +18.6% +14.2% ABOVE 2
Retail Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
COST $1019.26 -2.0% +3.9% +8.2% +6.2% ABOVE 1
WMT $124.86 -2.2% +5.1% +15.4% +18.5% ABOVE 1
IT Services Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
IBM $250.04 -1.0% -1.3% +13.4% +6.8% ABOVE 3
ACN $254.56 -2.4% +4.6% +29.5% +36.2% ABOVE 1
Airlines Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
DAL $83.28 -0.2% +3.6% +0.4% -0.4% ABOVE 1
UAL $107.21 -1.9% +3.7% -2.7% -8.7% BELOW 1
Hospitality & Travel Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
BKNG $155.67 +1.2% +5.2% -0.1% -27.2% BELOW 0
MAR $416.38 +0.0% +5.6% +16.8% +16.4% ABOVE 0
Food & Restaurant Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
SBUX $104.77 +0.4% +1.5% +12.0% -0.9% ABOVE 0
MCD $263.04 -1.0% +5.0% +13.9% -1.9% ABOVE 1
Logistics Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
FDX $318.02 -0.1% +4.4% +10.0% -4.7% ABOVE 1
UPS $109.17 -0.5% +3.4% +18.3% +3.8% ABOVE 1
Industrial Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
CAT $623.94 +1.7% -12.5% -23.3% -23.1% BELOW 0
HON $224.05 +0.1% +2.2% +7.7% +3.9% ABOVE 0
Cybersecurity Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
CRWD $244.68 +1.2% -8.2% -7.8% +32.0% ABOVE 0
ZS $225.09 +0.6% -12.0% +5.4% +33.6% ABOVE 0
PANW $350.20 -0.4% -11.2% -13.7% +3.0% BELOW 5
Chip Equipment Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
KLAC $156.20 +2.0% -1.6% -20.6% -14.8% BELOW 0
AMAT $381.92 +2.0% -8.2% -26.6% -20.4% BELOW 0
ASML $1552.14 +1.7% -6.7% -14.0% -11.0% BELOW 0
LRCX $230.72 +1.4% -9.1% -30.0% -26.7% BELOW 0
Data Center REITs Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
DLR $180.25 +2.4% +0.3% -0.1% -6.3% BELOW 0
EQIX $1014.40 +2.1% +0.7% -1.7% -5.5% BELOW 0
AI Power & Grid Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
ETN $391.70 +7.0% -0.3% -9.2% -4.3% BELOW 0
GEV $918.20 +6.5% +4.6% -7.9% -0.9% BELOW 0
PWR $657.00 +5.8% +8.3% -6.3% +8.8% ABOVE 0
VST $139.59 +3.7% -2.2% -16.3% +0.4% BELOW 0
CEG $263.40 +2.4% +2.1% -12.1% -5.4% BELOW 0
Utilities Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
NEE $84.33 -0.8% +4.1% +9.4% +0.9% ABOVE 1
SO $93.75 -0.9% +2.4% +9.7% +4.2% ABOVE 1
DUK $126.51 -1.5% +2.4% +9.5% +4.0% ABOVE 1
Energy Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
CVX $225.27 -1.1% -1.7% +9.8% +12.7% ABOVE 2
XOM $177.46 -1.2% -2.5% +8.2% +10.5% ABOVE 2
Defense & Aerospace Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
RTX $203.82 +0.5% +4.1% +13.1% -3.1% ABOVE 0
GD $374.50 +0.3% +5.7% +15.2% -0.6% ABOVE 0
LMT $639.00 -0.6% +1.5% +28.0% +14.8% ABOVE 1
Telecom Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
VZ $45.24 +0.4% +4.8% +0.4% -10.0% BELOW 0
T $21.39 -0.2% +3.3% -11.6% -17.0% BELOW 1
TMUS $154.41 -3.6% +4.3% -7.9% -14.5% BELOW 1
Media & Entertainment Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
NFLX $63.42 +1.7% +2.3% -9.0% -22.9% BELOW 0
DIS $114.18 +0.9% +4.7% +9.0% +2.6% ABOVE 0
Biotech Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
AMGN $461.26 -0.9% +2.1% +11.7% +4.3% ABOVE 2
GILD $167.47 -1.7% +5.2% +14.0% +12.6% ABOVE 2
Materials Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
APD $312.97 -1.0% +1.9% +12.5% +3.0% ABOVE 2
LIN $511.55 -1.6% +0.7% +5.7% +5.0% ABOVE 1
Analog & Embedded Chips Show individual tickers
Ticker Price 1D 5D 20D 50D vs 50MA Down Days
TXN $312.49 +3.5% +1.4% +8.1% +20.2% ABOVE 0
MCHP $77.90 +2.4% -2.2% -0.2% +6.0% ABOVE 0
ADI $419.79 +1.7% -2.0% +2.4% +12.3% ABOVE 0

Key Stock Movers

Today's biggest movers by absolute percentage change: Eaton (ETN) (AI Power & Grid) rose 7.0% to $391.70. GE Vernova (GEV) (AI Power & Grid) rose 6.5% to $918.20. Oracle (ORCL) (Enterprise Software) rose 5.8% to $126.19. Quanta Services (PWR) (AI Power & Grid) rose 5.8% to $657.00. Amphenol (APH) (AI Networking & Interconnect) rose 5.4% to $84.19. 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

Looking ahead, the market faces mixed signals: 13 sectors above the 50-day moving average versus 15 below, and 12 sectors are flagged for declines greater than 5% over 20 days — a high-alert breadth backdrop. Active alerts on Chip Supply Chain, Memory & Storage, Chip Equipment and AI Networking & Interconnect underscore persistent 50-day weakness that calls for defensive posture within semiconductors and related suppliers. Positioning guidance: maintain exposure to select Mag 7 winners and differentiated enterprise software names while trimming cyclical supply-chain risk and using rallies in beaten-down AI infrastructure names for disciplined, tactical entries with strict stop discipline.

Hypothetical Portfolio

SIMULATION
Value $125,467
P&L +25.47%
Today +0.78%
View full portfolio → Simulation only. Not investment advice.
← 2026-11-02
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