Bearish Technical Assessment of US Stocks: November 20, 2025

The source is a Daily Pulse Report on the US equity market, dated November 20, 2025, providing a technical analysis of 4 major indexes and 643 individual company stocks. The overall assessment is a Bearish short-term outlook due to synchronized selling pressure, with all four major indexes closing negative and over 82% of individual stocks showing negative technical momentum. This weakness is attributed to factors like a shift in Federal Reserve policy expectations and concerns over elevated valuations following a post-election rally. Despite the broad deterioration, the report identifies extreme performance divergence, highlighting speculative gains in sectors like quantum computing while recommending defensive and energy midstream plays for their technical strength and income potential. The analysis concludes by advising investors to adopt a defensive positioning with reduced equity exposure.