Archive

June 2025

Browsing

Friday marks 81 years since D-Day, the first day of the Normandy landings that laid the foundations for the Allied defeat of Nazi Germany in World War II.

The invasion – codenamed Operation Overlord – saw of tens of thousands of troops from countries including the United States, the United Kingdom and Canada landing on five stretches of the coastline of Normandy, France – codenamed Utah, Omaha, Gold, Juno and Sword beaches.

Planning for D-Day began more than a year in advance, and the Allies carried out substantial military deception to confuse the Germans as to when and where the invasion would take place.

When was D-Day?

The operation was originally scheduled to begin on June 5, 1944, when a full moon and low tides were expected to coincide with good weather, but storms forced a 24-hour delay. Allied divisions began landing on the five beaches at 6:30 a.m. on June 6.

What does D-Day stand for?

The term ‘D-Day’ was military code for the beginning of an important operation, with the first ‘D’ being short for ‘Day.’ This means that D-Day actually stands for ‘Day-Day.’

According to the Royal British Legion, the phrase ‘D-Day’ was used fairly often before the Allied invasion in June 1944. After this, however, the two became synonymous, and now D-Day is commonly understood to refer to the beginning of Operation Overlord.

Which Allied countries were involved?

D-Day saw unprecedented cooperation between international armed forces, with more than 2 million troops in the UK in preparation for the invasion, according to the Imperial War Museums (IWM).

Most of these troops were American, British and Canadian, the IWM reports, but troops also came from Australia, Belgium, the Czech Republic, France, Greece, the Netherlands, New Zealand, Norway, Rhodesia (now Zimbabwe) and Poland to participate in Operation Overlord.

What preparations were made?

The Allied troops’ invasion was coordinated across air, land and sea, in what can be described as amphibious landings.

These were preceded by an extensive bombing campaign to damage German defenses, as well as the employment of deception tactics.

Operation Bodyguard was an umbrella term for the deception strategy leading up to the Allies’ invasion of Europe in June 1944. Operation Fortitude was a tactic under this umbrella specifically related to the Normandy invasion, and was intended to make Nazi Germany believe that the initial Normandy attacks were merely a diversion and that the true invasion would take place elsewhere.

According to the IWM, Fortitude North intended to trick the Germans into believing that the Allies would attack Norway, and Fortitude South was designed to convince the Germans that the Allies were going to invade Pas de Calais, a French department northeast of Normandy that is closer to the UK.

What happened on D-Day?

The US troops were assigned to Utah beach at the base of the Cotentin Peninsular and Omaha Beach at the northern end of the Normandy coast. The British subsequently landed on Gold Beach, followed by the Canadians at Juno, and finally the British at Sword, the easternmost point of the invasion.

By midnight, the troops had secured their beachheads and moved further inland from Utah, Gold, Juno and Sword.

However, not all the landings were successful; US forces suffered substantial losses at Omaha Beach, where strong currents forced many landing craft away from their intended positions, delaying and hampering the invasion strategy.

Heavy fire from German positions on the steep cliffs, which had not been effectively destroyed by Allied bombing before the invasion, also caused casualties.

How did the Germans try to defend themselves?

According to the IWM, Germany’s reaction to Operation Overlord was “slow and confused.”

Weather conditions on June 6 were still poor, many senior commanders were not at their posts, and Operation Fortitude convinced Adolf Hitler that the Normandy invasion was a feint before a bigger attack at Pas de Calais.

Germany’s air force was in action elsewhere, countering American bombing operations over Germany. Its navy ships were docked in ports or already destroyed by the Allies. This left only the German army to defend against Operation Overlord, according to the IWM.

On top of this, the success of Operation Fortitude meant that many army units were kept away from the Normandy battlefield until July, as an attack in Pas de Calais was still expected.

German troops manning coastal defenses “did as much as they could have been expected to,” the IWM says, before eventually being “silenced” and Allied units advanced inland.

How many people died on D-Day?

On D-Day alone, around 4,440 Allied troops were confirmed dead, according to the Commonwealth War Graves Commission (CWGC), with more than 5,800 troops wounded or missing.

Because Omaha Beach was the bloodiest landing beach, the US Army lost the most men in the amphibious landings. Some 2,500 American troops died in the beach assault and airborne operations on D-Day, according to the CWGC.

The precise number of German casualties on the day is unknown, but they are estimated to be between 4,000 and 9,000.

Who were the Bedford Boys?

Of the tens of thousands of troops that stormed the beaches of Normandy on D-Day, 44 were soldiers, sailors and airmen from Bedford, Virginia, in the US.

Within minutes of reaching Omaha Beach, 16 of these men were killed and four were wounded. Another Bedford soldier was killed elsewhere on Omaha Beach, and three others were presumed killed in action, bringing Bedford’s D-Day fatality figure to 20 men.

According to the National D-Day Memorial Foundation, Bedford suffered the highest known per capita D-Day loss in the US.

What followed D-Day?

Despite securing a stronghold on the French coast on D-Day, the Allied forces faced the risk that German bombardment could push them back into the sea.

They needed to build up troop numbers and equipment in Normandy faster than the Germans, allowing for a continued invasion into mainland Europe.

The Allies used their air power to slow the German advance toward Normandy by blowing up bridges, railways and roads across the region. This allowed the Allies to gain total control of Normandy 77 days later and move on toward Paris, which they liberated in August 1944.

What impact did the operation have on the war?

The US Department of Defense calls D-Day the “successful beginning of the end of Hitler’s tyrannical regime.” The IWM calls it the “most significant victory of the Western Allies in the Second World War.”

By being able to get forces into Normandy, the Allies were able to begin their advance into northwest Europe. Though World War II lasted nearly another year in Europe, the success of Operation Overlord led to the liberation of France and allowed the Allies to fight the Germans in Nazi-occupied Europe.

The US’ National World War II Museum says that a good way to appreciate the significance of D-Day is to imagine what would have happened if the operation had failed. According to the museum, another landing would have not been possible for at least a year.

In this time, Hitler could have strengthened Nazi-occupied Europe’s coastal defenses, developed aircraft and weapons, bombed the UK even more heavily and continued his killing campaign, the museum says.

Fighting by the Allies on the western front and Russian soldiers on the eastern front eventually led to the defeat of the German Nazi forces.

On May 7, 1945, the German Third Reich signed an unconditional surrender at Reims, France. Victory in Europe (V-E) Day is celebrated the following day as that’s when the armistice went into effect.

This post appeared first on cnn.com

Russian ballistic missiles and drones have been launched toward Ukraine from multiple directions, the Ukrainian Air Force said on Telegram Friday.

Tkachenko accused Russia of hitting residential areas with the drone attack, saying a high-rise building the the Solomyansky district of Kyiv was damaged.

Kyiv’s Mayor Vitali Klitschko also reported fires in the districts of Holosiivskyi and Darnytskyi of the Ukrainian capital.

Ukrainian air defense units have been activated in the Obolon area of Kyiv, Klitschko said on Telegram early Friday morning local time.

“The attack on the capital continues. Stay in shelters!” the mayor said.

The Russian missile attack on Ukraine comes days after Ukraine’s security service launched a series of daring, large-scale drone attacks deep inside Russia, striking airfields and hitting 41 Russian military aircraft.

On Tuesday, Ukraine also launched an attack on the Kerch Bridge, the only direct connection point between Russia and the annexed Crimean Peninsula, with 1,100 kilograms of explosives that had been planted underwater.

This is a developing story and will be updated.

This post appeared first on cnn.com

North Korea says it has successfully refloated a new destroyer that capsized upon launch last month, with state media reporting the damaged vessel will be moved to a dry dock in a different shipyard for repairs.

“After restoring the balance of the destroyer early in June, the team moored it at the pier by safely conducting its end launching on Thursday afternoon,” a report from the state-run Korean Central News Agency (KCNA) said.

A satellite photo taken by Planet Labs on June 5 showed the formerly stricken vessel righted and seemingly floating in water away from the pier where the disastrous launch took place.

The 5,000-ton destroyer is the country’s newest warship and was meant to be a triumph of North Korea’s ambitious naval modernization effort.

Instead, a malfunction in the launch mechanism on May 21 caused the stern to slide prematurely into the water, crushing parts of the hull and leaving the bow stranded on the shipway, KCNA reported at the time. A day later, state media reported the damage was not as bad as initially feared.

Meanwhile, North Korean leader Kim Jong Un, who witnessed the failed launch in the northeastern city of Chongjin, called it a “criminal act,” and the government quickly said it arrested four people it claims are responsible for the launch accident.

Kim ordered officials to swiftly repair the as-yet-unnamed ship before the late-June plenary session of the ruling Workers’ Party, calling it a matter of national honor.

KCNA reported Friday that Kim’s goal will be met.

“The next-stage elaborate restoration is to be carried out at the dry dock of the Rajin Dockyard for the period of 7-10 days,” KCNA reported, adding that Central Committee Secretary Jo Chun Ryong, who is leading the repair effort, said “the perfect restoration of the destroyer will be completed without fail” before the plenary meeting.

The quick action to refloat the ship surprised analysts, who, based on satellite images of the accident, thought the process would take much longer.

“Sheer manpower and – let’s face it – an innovative approach to righting the ship, delivered a solution in two weeks that people like me didn’t expect for four to six,” said analyst Carl Schuster, a former US Navy captain.

The innovative approach apparently was using aerostatic balloons attached to the ship’s hull to help balance and refloat it, satellite imagery showed.

Damage to the hull was less severe than analysts expected when they saw what happened on May 21.

During the sideways launch, in which the ship was supposed to slide into the water laterally, the stern of the warship slipped into the water while the bow remained on land.

Analysts thought the stresses placed on the hull and keel during such an accident could have potentially led to its scrapping.

But “the hull damage must have been significantly less than estimated,” Schuster said.

Schuster said if North Korea can devote the same effort to internal repairs to the warship as it did to refloating it, it could be made ready for sea trials much sooner that he would have thought after the accident.

Internal spaces of the ship, as well as machinery and electronics, will have to be purged of sea water and dried salt in the repair process, he said.

“Nearly everything is doable if you are willing to commit the resources and have the human talent to employ it,” Schuster said.

This post appeared first on cnn.com

The fragile trade truce between the United States and China has, for now, been pulled back from the brink.

US President Donald Trump finally got his long-anticipated phone call with Chinese leader Xi Jinping, during which the two agreed to resume trade talks that had stalled over accusations from each side that the other had reneged on previous promises.

Thursday’s 90-minute conversation brought a temporary reprieve from an escalating feud between the superpower rivals, but it offered no clear path toward resolving their deep-rooted divisions – especially over crucial supply chains that both sides consider vital to national security.

US officials accused China of backpedaling on its pledge made during May talks in Geneva to ease export restrictions on rare earth minerals critical to a wide range of industries. Beijing, meanwhile, has bristled at Washington’s moves to warn companies against using China’s most advanced AI chips, restrict chip design software sales to China and “aggressively revoke” Chinese student visas.

“After what happened during the past 10 days, I already call (the phone call) a win,” said Yun Sun, director of the China program at the Washington-based Stimson Center think tank.

“Both sides acknowledge that this was a positive interaction, and the two leaders coming together can solve problems. It’s good for their strong man image and leadership credentials.”

While Trump had repeatedly expressed keenness for the call, including complimenting Xi’s toughness in a late-night social media post this week, Xi has taken his time in picking up the phone.

“The Chinese state is under significantly less pressure than its American counterpart in coming to the negotiating table,” said Brian Wong, an assistant professor at the University of Hong Kong. “The Chinese leadership joined the call from a position of political strength, even whilst economic concerns are very much alive and real.”

Supply chain bottlenecks

Trump’s eagerness to talk – and his speediness in declaring that he had “straightened out” the dispute over rare earth exports with Xi – has once again demonstrated to the Chinese leader just how powerful his nation’s dominance in the sector is.

Since April, when China announced the export controls, the new system has disrupted the shipment of the minerals, raising alarms among officials and businesses alike in Europe and America.

In the Chinese readout, Xi insisted that China had “seriously and earnestly” complied with the agreement, even as US officials have repeatedly accused Beijing of slow-walking approvals for rare earth exports.

Wu Xinbo, director of the Center for American Studies at Fudan University in Shanghai, noted that official rules dictate that applications for export licenses can take up to 45 working days to be approved.

“In principle, I can agree to export to you, but I can speed things up or slow them down. In reality, on a technical level, it also depends on the overall bilateral trade and economic atmosphere,” he said. “If the bilateral relationship is good, then I’ll go a bit faster; if not, I’ll slow down. But you can’t say I’m violating the agreement — I’m still following the standard procedures.”

While American businesses are likely to see more export licenses approved in the next couple of weeks, according to Wu, the export control regime is here to stay.

Zhiqun Zhu, director of the China Institute at Bucknell University in Pennsylvania, put it more bluntly, calling China’s dominance on rare earths “one of the few cards” it holds in the trade war.

“Why would the US government expect China to give up the rare earth card to please the US if it treats China as the enemy?” he wrote in an article prior to the Trump-Xi call.

In the days leading up to the phone call, Chinese scholars have suggested that Beijing should use its leverage on rare earths to get Washington to ease its own export controls on cutting-edge chips. Unlike rare earths, China doesn’t dominate this industry at the highest levels, and it views any supply bottleneck on the US side as an obstacle to its technological development.

Following his conversation with Xi, Trump announced that Commerce Secretary Howard Lutnick will join Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer in the next round of trade talks.

That was noted by observers in both China and the US as a sign that US export controls may now be up for negotiation in a potential win for Beijing.

“The US Department of Commerce is responsible for export controls, which means that in the next stage, China-US negotiations will likely go beyond tariffs and also address issues such as export controls and entity sanctions,” Wu said.

During his first term in office, Trump lifted a ban on American companies doing business with Chinese telecom giant ZTE at Xi’s request to get a trade deal. But six years on, easing export controls on China will be a tough sell in Washington, where blocking Beijing’s access to advanced American technologies has become a rare bipartisan issue.

“Just having Lutnick there (in the trade talks) doesn’t mean that the US is going to make concessions on semiconductors,” Sun said.

She predicts more flare-ups of tensions down the road. “This ‘three steps forward two steps back’ is going to be the norm from now on. We’re not going to see a deal agreed without any drawbacks, and we’re going to see this repeating itself,” she added.

Different approaches

While the call signaled temporary relief, it also exposed stark differences in how the US and China approach their trade disputes: Trump tends to treat trade as a primary and standalone issue, whereas Beijing often views it in the context of broader bilateral relations.

Trump said in his Truth Social post that the hour-and-a-half conversation phone call was “focused almost entirely on TRADE,” while the Chinese readout singled out Xi’s stern warning on Taiwan – the reddest of lines for Beijing – and the issue of Chinese student visas.

The Chinese leader urged the US to “handle the Taiwan question with prudence” so that “‘Taiwan independence’ separatists” will not be able to “drag China and America into the dangerous terrain of confrontation and even conflict.”

The contrast strikes at the core of the gulf between China and the US, Wong said.

“Whilst Trump views the competition through primarily trade surplus/deficit terms, Xi views territorial integrity as … more important than the country’s economic interests,” he said.

From Beijing’s perspective, there are plenty of worrying signs. Last weekend, US Defense Secretary Pete Hegseth warned Asian allies that China posed an “imminent” threat to Taiwan, a self-governing democracy Beijing views as its own and has vowed to take control of, by force if necessary.

Days before, Reuters had reported, citing US official sources, that Washington plans to ramp up weapon sales to Taipei to a level exceeding Trump’s first term as part of an effort to deter China’s intensifying military pressure.

Another issue of concern for Beijing is the fate of Chinese students in the US. Last week, Secretary of State Macro Rubio, a known China-hawk, announced a plan to “aggressively revoke” visas for Chinese students, a move that has caused widespread anxiety and anger in China.

The Chinese readout quoted Trump as saying that Chinese students are welcome in the US. Trump later told reporters in the Oval Office: “Chinese students are coming. No problem. No problem. It’s our honor to have them.”

Wu said the adjustment of the visa policy will be a test of Trump’s leadership. During their call, Xi told Trump that the two leaders should “take the helm and set the right course” for bilateral relations, saying it’s particularly important to steer clear of “various disturbances and disruptions.”

“This remark had a clear target – it implies that within Trump’s team, there are people trying to disrupt or undermine the bilateral relationship, so now it’s up to President Trump to show leadership,” Wu said.

This post appeared first on cnn.com

Despite the uncertainty prevailing in the markets, the Nasdaq 100 Index ($NDX) has proven resilient, perhaps more so than its peer benchmarks. The 90-day trade truce between the U.S. and China, initiated in May, boosted investor confidence. Yet that’s now at risk amid mutual accusations of violations.

Nevertheless, markets rallied on Tuesday morning after news that April job openings, one of a few key reports leading up to Friday’s jobs report, were better than expected. Still, signs of weakening demand, rising deficits, and declining CEO confidence suggest the economy remains fragile.

Why QQQ May Be Worth Watching Right Now

In light of the current environment, is it worth adding positions to Invesco QQQ Trust (QQQ), an $NDX proxy?

Shifting over to the StockCharts Market Summary page, you can see just how well $NDX is performing.

$NDX Breadth Metrics Reveal Bullish Participation

FIGURE 1. BREADTH AND BPI PANELS ON THE MARKET SUMMARY PAGE. While other indexes are growing increasingly bullish, you can see how the $NDX stands out.

Examining the Breadth panel on the left and zooming in on the moving averages, the $NDX has the most stocks trading above the 200-day simple moving average (SMA), a bullish signal considering that breadth of participation is critical when gauging the performance of an index. On the right panel, another breadth reading — the Bullish Percent Index (BPI) — tells you that 76% of the stocks in the index are triggering Point & Figure Buy Signals, giving you another angle on breadth, which happens to be in alignment.

Now that you’ve seen how $NDX is outperforming in terms of breadth, you’re probably curious about how many stocks are hitting new highs relative to the other indexes. Also, are there any particular standout subsectors or industries?

The New Highs panel can help answer both questions.

FIGURE 2. MARKET SUMMARY NEW HIGHS PANEL. The $NDX leads across the board, which asks the next question: Are there any standout sectors or industries represented within the index?

The $NDX has the highest percentage of stocks hitting new highs. If you click the Nasdaq 100 link, it will bring up a list of stocks in the index. The ones with a StockCharts Technical Rank (SCTR) score above 90 are listed below.

FIGURE 3. $NDX STOCKS WITH SCTR SCORES ABOVE 90. It’s a mixed bag in terms of industry.

The mix of subsectors and industries indicates there’s no one particular grouping (like all semiconductors or all AI stocks) leading the index. The $NDX’s outperformance is distributed across different areas.

So, back to the original question: is it worth entering or adding positions to QQQ?

Strategically, the outlook is murky. Geopolitical tensions and policy reversals can shift the market landscape overnight. But tactically, technical signals may offer potential entry points if you know where to look.

QQQ Weekly Chart: A Technical Rebound With Caveats

Let’s start with a broader view of QQQ, which is the likely investment vehicle for those who want to go long the $NDX. Here’s a weekly chart.

FIGURE 4. WEEKLY CHART OF QQQ. The ETF sharply recovered from a steep drop, but is there enough investor conviction to break above, or even test, its all-time high?

You can see how QQQ recovered sharply from its drop over the last quarter. While it’s trading above its 40-week SMA (equivalent to the 200-day SMA), you can also see how the 10-week SMA (or 50-day SMA equivalent) has fallen below it. Is it a false Death Cross signal, or is it indicating that the QQQ may not have enough momentum or investor conviction to test and break above its all-time high?

Zooming In: Key Support and Resistance Levels

To get a clearer picture, let’s zoom in on a daily chart.

This chart shows QQQ’s recovery in detail. There are several technical features converging to suggest critical support and resistance areas.

FIGURE 5. DAILY CHART OF QQQ. The key zones are highlighted. Now it’s a matter of seeing what QQQ does next.

Here’s a breakdown of the key things to watch:

  • Note the long Volume-by-Price levels (on the left) and how they correspond to the green- and yellow-shaded areas, indicating a high concentration of trading activity which can serve (or has served) as support and resistance.
  • The green range is where QQQ’s price is currently hovering, and the question is whether the ETF can break above it, opening up a path to test its all-time highs, or whether it will fall further.
  • The space between the 200-day SMA and the yellow-shaded area marks a critical support range. QQQ has respected the 200-day SMA before, bouncing off it as price tested the level (blue arrows).
  • The yellow-shaded area, another support range, marks a convergence of historical swing highs and lows (see blue arrows), serving as both resistance and support. It’s also another area of concentrated trading activity.

If QQQ falls below the green area, failing to advance higher, then you can expect support at the 200-day SMA (near $495) or the yellow-shaded range ($465 – $470). Below that, there’s another support range (shaded in red) near $430, but a decline to this level might also suggest weakness in investor conviction.

So far, the Relative Strength Index (RSI) is just below the 70-line, indicating room to run should there be enough momentum to advance it. However, the Chaikin Money Flow (CMF), though well above the zero line, shows that buying pressure may be dwindling a bit, enough to watch closely, since volume often precedes price direction.

At the Close

The Nasdaq 100 may be navigating a messy macro backdrop, but its breadth, momentum, and leadership show promise. Strategically, the terrain is uncertain. Tactically? The charts suggest a practical setup for those who are looking to lean into strength.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your personal and financial situation, or without consulting a financial professional.

In this video, Joe walks through a comprehensive lesson on using the ADX (Average Directional Index) as part of a technical analysis strategy. Joe explains the key components of the ADX indicator, how to interpret DI+ and DI- lines, and how to identify strong or weak trends in the market. He also covers how to combine ADX with price action and volatility to improve timing and trading decisions.

In addition, Joe analyzes SPY, QQQ, IWM, and individual stocks like AMPX, UNH, and more, focusing on trend conditions, MACD, price structure, and key moving averages.

The video premiered on June 4, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

A lot has happened in the stock market since Liberation Day, keeping us on our toes. Volatility has declined significantly, stocks have bounced back from their April 7 low, and the economy has remained resilient.

If you’re still feeling uncertain, though, you’re not alone. The stock market’s in a bit of a “wait and see” mode, going through a period of consolidation as it figures out its next move. 

The S&P 500 ($SPX) is hesitating to hit 6000 despite reclaiming its 200-day simple moving average (SMA). This indecision can leave investors feeling stuck in “no man’s land.” And it’s not just the S&P 500, either; most major indexes are in a similar scenario, except for small caps, which have been left behind. This could be because the market has priced in a delay in interest rate cut expectations.

Tech Is Taking the Lead

If you drill down into the major indexes, there is some action you shouldn’t ignore. Tech stocks have started to take the lead again, although momentum has been lacking. Over the past month, the Technology sector has been up over 4%.

FIGURE 1. S&P SECTOR ETF PERFORMANCE OVER THE LAST 30 DAYS. Technology is the clear leader with a gain of over 4%.Image source: StockCharts.com. For educational purposes. It’s encouraging to see tech stocks regain their leadership position. Tech is a major force behind the S&P 500 and Nasdaq Composite ($COMPQ). The daily chart of the Technology Select Sector SPDR Fund (XLK) shows the ETF has been trying to break above a consolidation range it has been stuck in since mid-May.

FIGURE 2. DAILY CHART OF XLK. Although the ETF has barely broken above its consolidation range, we need to see greater momentum to confirm a follow through to the upside.Chart source: StockCharts.com. For educational purposes.Nothing is standing in the way of XLK reaching its all-time high, but the momentum isn’t quite there yet. The 14-period relative strength index (RSI) is below 70 and looks to be stalling, pretty much in line with the overall stock market’s price action.

So, what’s the market waiting for? Maybe a catalyst, like Friday’s non-farm payrolls report. This week’s JOLTS, ADP, and ISM Services data didn’t move the needle much, but the NFP report could be the game changer.

S&P 500 Technical Forecast

Where could the S&P 500 go from here? Let’s dive into the weekly chart.

FIGURE 3. WEEKLY CHART OF THE S&P 500. The index is spitting distance to its all-time high. A break above the November high would clear the path to new highs.Chart source: StockCharts.com. For educational purposes.

The S&P 500 broke above its 40-week SMA on the week of May 12 and has held above it. However, it has been in a consolidation for the last month, similar to that of XLK.

The S&P 500 is approaching its November high of 6017. A break above it could push it toward new highs. On the flip side, if it slides below the 40-week SMA, it would be a cause for concern and could mean the May 12 gap-up could get filled. Keep an eye on the 5688 level. If the S&P 500 pulls back close to that level and turns around, it would be a healthy correction — an opportunity to buy the dip. A further downside move would mean exercising patience or unloading some of your positions.

What’s Going On With Gold and Bonds?

While stocks are grinding sideways, gold prices are rising, and bond prices are showing green shoots. This price action tells us that investors could be bracing for slower growth ahead. It’s not something to panic about — just something to watch.

You can get a quick look at what gold, bonds, and all the major indexes are doing by checking out the StockCharts Market Summary page and Your Dashboard.

So, what should you do?

Hold, add, or fold? That’s the big question. The market needs time to digest a lot, from economic data to geopolitical risks and policy headlines. Keep checking in and monitor the sectors, observe index performance, and note how other areas of the market, such as precious metals and bonds, are reacting.


 Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Exploring for gold is a costly endeavor that often comes with great risks, especially for junior mining companies.

These small-scale companies are faced with the challenge of locating a metal that is extremely rare, and even if they do find it, they need to ensure gold is present in economically viable quantities.

That’s where the use of satellite imagery and remote sensing comes in. Using satellite systems scanning for gold helps explorers survey land without having to invest heavily in equipment or develop on-site infrastructure.

What was the original Landsat system?

When the first Landsat satellite was launched in 1972, geologists used sensors to collect simple data, such as surface features. They were able to get clues on potential mineral deposits beneath the surface, and could use the data for mapping. However, since then, imaging sensor technology has undergone rapid advancements that have allowed explorers to collect increasingly more useful data.

The very first sensors used on satellites were problematic, mainly because of their poor spectral resolution and inadequate spectral coverage. These limitations rapidly changed in the early 1980s with the launch of Landsat 4 and 5, which carried the Thematic Mapper scanning system. The system added coverage of the short-wave infrared and mid-infrared regions of the spectrum.

The Thematic Mapper scanning system is still used as an exploration tool, but newer satellites have been launched with better spectral resolution and accuracy when determining surface mineralogy.

Satellites are now fitted with hyperspectral sensors that identify materials without having to view them in person. Spectral data is collected by aircraft and satellites using infrared, near-infrared, thermal-infrared and short-wave technology. Geologists can use this data to pick out rock units and find clues about subsurface deposits of minerals, oil and gas and groundwater.

The technology in satellite systems has advanced to the point where they can be used to identify and map not only individual mineral species, but also chemical variations within the molecular structure of the crystal lattice of the mineral.

The resolution of sensors on satellites can’t be compared to aircraft spectral remote sensors, but these satellites do come with other advantages. For example, gold-prospecting satellite systems are able to collect more data from larger areas without having to fly any aircraft over the land of interest.

What are the benefits of satellite imagery in mineral exploration?

With the ability to determine texture and type from miles above the ground, locating, analyzing, identifying and mapping the composition of the Earth’s surface is now greatly advanced. Here are a few benefits of using satellites for detecting gold in mineral exploration.

Lower costs and risks

Satellite imagery helps reduce the cost of surveying land due to the fact that on-site personnel and equipment aren’t needed. Explorers can instead use a number of data sources to draw valuable insights for potential projects. This is especially helpful for juniors that have to justify risks to gather financing or begin operations.

Value across the lifecycle

Geospatial data is critical to mineral exploration, but it can also be applied to all phases of the mining lifecycle. Satellite images can be used to inform activities like building mine infrastructure or anticipating risks that are linked to a site’s geography. The relatively low cost and high utility of satellite imagery makes it a versatile technology for explorers.

Data abundance

The advancement of sensor technologies has allowed companies to combine valuable satellite data with other information sources like drone mapping, feasibility studies and historical data about geographical sites.

Satellite imagery also helps gather data that otherwise wouldn’t be attainable due to challenges in topography or climate. Diversifying information sources and increasing the sheer amount of available data means miners and scientists can gather new insights through their analysis.

Companies are also able to feed these large data sets into artificial intelligence and machine learning tools that assist with pattern recognition and dataset interpretation, speeding up target identification.

Satellite imagery certainly isn’t the only tool available to explorers, but it serves as an excellent complement to more accurate and resource-intensive technologies like LiDAR, GPS surveying and unmanned aerial vehicles.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

finlay minerals ltd. (TSXV: FYL) (OTCQB: FYMNF) (‘Finlay’ or the ‘Company’) is pleased to announce that due to strong investor interest it has increased the size of its non-brokered private placement (the ‘ Private Placement ‘), previously announced on May 26, 2025 to raise up to $1,700,000 . The Private Placement will consist of the issuance of any combination of: (i) common shares of the Company to be issued on a flow-through basis under the Income Tax Act ( Canada ) (each, a ‘ FT Share ‘) at a price of $0.11 per FT Share, and (ii) non-flow-through units of the Company (each, a ‘ NFT Unit ‘) at a price of $0.10 per NFT Unit, for aggregate gross proceeds to the Company of up to $1,700,000 . The Private Placement is subject to a minimum offering amount of $500,000 to be raised through any combination of FT Shares and NFT Units.

The Company also announces that it will use the gross proceeds from the issuance of FT Shares to incur ‘Canadian exploration expenses’ that qualify as ‘flow-through critical mineral mining expenditures’, as such terms are defined in the Income Tax Act ( Canada ).

Each NFT Unit will be comprised of one non-flow-through common share of the Company (each, a ‘ NFT Share ‘) and one non-flow-through common share purchase warrant (a ‘ Warrant ‘). Each Warrant will be exercisable by the holder thereof to acquire one NFT Share at an exercise price of $0.20 per NFT Share for a period of two years from the date of issuance of the Warrant (the ‘ Warrant Expiry Date ‘), subject to acceleration. The Warrant Expiry Date may, at the Company’s sole discretion, be accelerated if at any time following the Closing Date (as defined herein), the common shares of the Company trade at a daily volume-weighted average trading price above $0.30 per common share for a period of 30 consecutive trading days on the TSX Venture Exchange (the ‘ TSXV ‘) or on such other stock exchange where the majority of the trading occurs (the ‘ Trading Target ‘) and the Company provides notice to the Warrant holders by way of press release announcing that such Trading Target has been achieved, provided that the accelerated expiry date of the Warrants falls on the earlier of (unless exercised by the holder prior to such date) (the ‘ Accelerated Expiry Date ‘): (i) the 30th day after the Company provides notice to the Warrant holders of its intention to accelerate the Warrant Expiry Date; and (ii) the Warrant Expiry Date. The failure of the Company to give notice in respect of a Trading Target will not preclude the Company from giving notice of any subsequent Trading Target. All Warrants that remain unexercised following the Accelerated Expiry Date shall immediately expire and all rights of holders of such Warrants shall be terminated without any compensation to such holders.

The Company intends to use the gross proceeds of the Private Placement for exploration of the Company’s SAY, JJB and Silver Hope properties, and for general working capital purposes, as more particularly described in the amended and restated offering document.

Subject to compliance with applicable regulatory requirements, the Private Placement is being conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions and in reliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption . The securities issued to purchasers in the Private Placement will not be subject to a hold period under applicable Canadian securities laws. There is an amended and restated offering document related to the Private Placement that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.finlayminerals.com . Prospective investors should read this amended and restated offering document before making an investment decision.

The closing of the Private Placement is expected to occur on or about June 9, 2025 (the ‘ Closing Date ‘). The closing of the Private Placement is subject to certain closing conditions, including the approval of the TSXV. The Company may pay finder’s fees in cash and securities to certain arm’s length finders engaged in connection with the Private Placement, subject to the approval of the TSXV.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933 , as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

About finlay minerals ltd.

Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.

Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com

On behalf of the Board of Directors,

Robert F. Brown ,
Executive Chairman of the Board & Director

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the terms and completion of the Private Placement, raising the minimum and maximum amounts of the Private Placement, the payment of finder’s fees and issuance of finder’s securities, the anticipated closing date and the planned use of proceeds for the Private Placement. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the ability to obtain regulatory approval for the Private Placement, the state of equity markets in Canada and other jurisdictions, market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements,   and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.

SOURCE finlay minerals ltd.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/04/c0526.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com