SPX, NDX, NVDA Pause after Record Close...Consumer Discretionary, Energy, Health Care Lead Sectors...

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The SPX -1.07, 5,352, opened higher, traded higher and closed lower. The NDX -0.07% also opened higher and closed slightly lower. Breadth weakened on Thursday.

NVDA -14.42, -1.18%, 1,209.98, opened higher, traded in a range and closed lower.  10 for 1 split to take effect on June 7.

Jobs Report, Friday BMO 8:30 am ET.

Mega caps AMZN, TSLA, GOOGL, MSFT rose and META, AAPL, NVDA fell on Thursday.

SPY down 0.01 at 534.66 on 30.8 million shares, below average volume, lightest daily volume of 2024

VIX down .05 at 12.58

QQQ down .16 at 463.37

CRM, AMZN, NKE, PG led the DJIA, 17 advancers, 0

ILMN, MKTX, UBER, SJM, DAY led the SPX, 202 advancers 

ILMN, PYPL, LULU, TEAM led the NDX, 43 advancers

Up:  DIA,

Down:  SPY, QQQ, IWM,

Seven of eleven sectors were higher on Thursday, led by XLY, XLE and XLV. 

The SPY MFC green line is pointed up at 91.5 and is short-term bullish.

Uptrend sectors:  XLU, XLP, XLC, XLK, XLI, XLF, XLB, XLE,

Neutral sectors:  XLY, XLV, XLRE,

Down trend sectors: 

The 6-month intermediate trend is up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

43 of 100 NDX stocks closed higher on Thursday.

59 NDX stocks are above their 30 DMA:  AZN, GOOGL, KDP, PDD, MRNA, TXN, NXPI, TSLA, COST, AMGN, TTD, VRSK, AAPL, ADI, ON, QCOM, REGN, AMAT, BKNG, KLAC, NVDA, FANG, NFLX, SNPS, VRTX, ISRG, CHTR, MU, AMD, BKR, TMUS, TTWO, EA, CDW, ROST, BIIB, HON, WBD, CCEP, CMCSA, META, ROP, SBUX, CTAS, MSFT, ADSK, AVGO, CRWD, LIN, LRCX, PCAR, ZS, ADP, AMZN, ILMN, PYPL, TSLA,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 5

ADP, AMZN, ILMN, PYPL, TSLA, 

Moving Below 30 DMA = 4

ANSS, CEG, MCHP, XEL,

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