JVA - Coffee

EXK

Most have been the large order I just placed for our cats.  :-)

UNG found support at the 20ema after profit taking.

SONM - This could take off if it starts getting large contracts from Federal Government.  

   San Diego, California--(Newsfile Corp. - June 4, 2024) - SonimTechnologies, Inc. (NASDAQ: SONM), a leading provider of mobility solutions that include ultra-rugged and rugged phones, connected devices, and accessories designed to provide extra protection for users that demand more durability in their work and everyday lives, today announced the strategic manufacturing plan for its new 5G connected solutions portfolio outside of China. Select products from this portfolio are now TAA compliant, meeting the requirements necessary for procurement by the United States government, including   specific country of origin limitations. Additionally, other products in the company's broader lineup of devices will also be manufactured outside of China to enhance operational resilience and open new market opportunities. This strategic move ensures Sonim's commitment to high standards and reliability in their product offerings.    

CCJ holding up well.  Finding support at 50dma. Would like to see it break the trend line and close above the 9ema.

LABD

DELL - Nice J-Hook pattern after bouncing off 50dma.

ERK

It's the 3rd try to push down, each got stronger.

Good choice.  ;-)

Sadly, Jesse eventually went bankrupt and killed himself.

AVGO going to the moon. Up 200 points pre-market after earnings.

The concentration of flows into the largest market-cap-weighted companies continues to increase the market capitalization of those top stocks to levels well above that of the “Dot.com”bubble.

Fixed!

Charles Schwab is having a login problem on all platforms. Hopefully they fix this before the market opens.

   Glad I sold my UNG. 

UNG sure does not like the 200MA.

UNG up 5%

StockCharts.comreposted

D avid Keller, CMT @DKellerCMT Jun 7

Hold onto your hats, folks! The Hindenburg Omen flashed an initial sell signal earlier this May, signaling market turbulence ahead.  It's named after the infamous Hindenburg disaster, for a reason! Historically, these signals have happened right before significant downturns.