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Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcement dated 18 June 2025 (Announcement), it has now completed legal due diligence to its absolute satisfaction. As such, the Company is now progressing towards completion of the Acquisition (defined below).

ACQUISITION DETAILS

As detailed in the Announcement, the Company has entered into a binding agreement to acquire the global rights to commercially exploit a patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology. The rights will be secured via an exclusive licensing agreement with Macquarie University (MQU), held through an Australian-incorporated holding company, New Age Minerals Pty Ltd (NAM). The transaction will be effected by the Company acquiring 100% of the issued share capital of NAM (Acquisition).

As disclosed in the Announcement, completion of the Acquisition was conditional on the Company completing legal due diligence. This has now been completed to the satisfaction of the Company.

Completion was also conditional on the Company, NAM and MQU entering into a variation to the licensing agreement to reflect the change in ownership of NAM. The parties have since agreed in writing to waive this condition to allow completion of the Acquisition to proceed, with the variation to be entered into with MQU as soon as practicable following completion.

The Company will now proceed to the acquisition of NAM.

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe’s mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.

Source:
Lithium Universe Ltd

Contact:
Iggy Tan
Executive Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce it has entered into a marketing consulting services agreement (the ‘Spark Agreement’ or the ‘MSA’) with Spark Newswire Inc. (‘Spark’) pursuant to which, among other things, Spark is to provide certain promotional services to the Company.

Spark are very selective in the clients they work with, only partnering with organizations that have a well-deserved reputation for quality and credibility and only working with one organization within a particular market sector at a time. Spark’s goal is to integrate with their client’s values and core brand narratives, becoming an extension of the overall corporate and capital markets team, assisting in building shareholder equity, brand equity and overall market awareness.

Spark, which operates out of Vancouver, British Columbia, provides consulting and capital market advisory services to public companies. Through Spark’s engagement, the Corporation hopes to increase investor engagement and create more awareness for the Corporation.

‘Questcorp Mining has demonstrated a clear commitment to responsible exploration and strategic growth, which aligns perfectly with Spark’s mandate to support high-integrity issuers with strong fundamentals. With Questcorp entering a pivotal phase, we’re excited to help share their story across the capital markets and unlock broader investor engagement,’ said Steve Hnatko, CMO at Spark Newswire.

Questcorp President & CEO, Saf Dhillon stated ‘I have had a number of conversations and have met with both the Founders of Spark Newswire, Chris and Steve Hnatko. While we have met approximately only about a year ago, I have seen them demonstrate that they are true to their values and the types of companies they work with really are a solid reflection of their work ethic and the values they hold.

Spark is an arms-length firm, operating out of Vancouver, British Columbia, which provides consulting and capital market advisory services to public companies. Through Spark’s engagement, the Company hopes to increase investor engagement and create more awareness. The engagement is expected to commence on July 1, 2025, for an initial twelve-month term at a rate of US$25,000 per month. The Company does not propose to issue any securities to Spark in consideration for the services to be provided to the Company. Spark can be contacted at 604-761-0543 or Suite 800, 885 West Georgia Street, Vancouver, British Columbia, V6C 3H1, Canada.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.
Saf Dhillon, Founding Director, President & CEO
Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Riverside’s arrangements with geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257505

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

As Israeli Prime Minister Benjamin Netanyahu prepares for his third visit to the White House this year, his host has made his expectations clear. US President Donald Trump, who has spoken often about his desire to secure a ceasefire in Gaza, said on Tuesday: “We’re looking for it to happen next week.”

Though the two leaders will celebrate the US and Israeli strikes in Iran, Gaza is very much on their agenda. “We want to get the hostages back,” Trump said.

Netanyahu, who is set to meet the US president on Monday, faces a critical decision at the crossroads of two very different conflicts: one precise and short, the other brutal and protracted. The long-time Israeli leader held two high-level meetings on Gaza already this week and is expected to hold another on Thursday, according to an Israeli official.

But the government has yet to decide on how to proceed in Gaza, a source familiar with the discussions said. That choice boils down to whether to pursue a ceasefire agreement or to intensify a military bombardment of the enclave that has already killed more than 56,000 Palestinians, as Israel tries to increase pressure on Hamas.

Earlier this week, the Israeli military recommended pursuing a diplomatic path in the strip after more than 20 months of fighting and the elimination of much of Hamas’ senior leadership.

“It’s harder now to achieve tactical goals,” the official said. The military could keep pursuing the destruction of Hamas’ military and governance capabilities, they added, but a political agreement could also be effective.

The far-right members of Netanyahu’s government are demanding an intensification of Israel’s campaign.

“No agreements. No partners. No mediators. Only a clear outcome: the destruction of Hamas and the return of the hostages from a position of strength,” said Finance Minister Bezalel Smotrich, head of the Religious Zionism party, on Monday.

But after almost two years of war, others have made clear that the release of the remaining 50 hostages in Gaza is the priority.

“In my opinion, everything must be done to release the hostages. And we are over 600 days late. Everything must be done to bring everyone back – the living and the fallen. Not out of weakness – out of strength,” Minister of Welfare Ya’akov Margi said on Israel’s religious Kol B’ramah radio. Pressed on whether that includes an end to the war, Margi said, “I think we should enter negotiations, and everything should be on the table.”

The Israel Defense Forces (IDF) already controls some 60% of Gaza’s besieged territory, forcing more than two million Palestinians – many of whom have been displaced several times – into shrinking areas near the coast. But negotiations have been stalled for weeks, unable to bridge a key gap. Hamas demands a permanent end to the conflict as part of any ceasefire agreement, while Israel has refused to commit to end the war.

“The IDF has reached the limit of what you can achieve with power,” said Israel Ziv, a retired major general who once led the military’s operations department. “Netanyahu has reached a crossroads, and he must make a choice,” he added.

One path is to leverage the achievements against Iran, Hezbollah and Hamas and push for a regional agreement that could include upgrading relations with Syria and Lebanon, Ziv said. Such an option would end the war in Gaza and secure the release of the hostages, but it risks collapsing Netanyahu’s government if the far-right parties quit the coalition.

“The second path is continuing the war – and even if it’s not officially declared, it would mean the conquest of Gaza,” said Ziv.

Over the weekend, Netanyahu said “many opportunities have opened up” following Israel’s military operations in Iran, including the possibility of bringing home everyone still held captive by Hamas. “Firstly, to rescue the hostages,” he said. “Of course, we will also need to solve the Gaza issue, defeat Hamas, but I believe we will accomplish both missions.”

The comments marked a potentially significant shift in how Netanyahu has laid out Israel’s goals in Gaza. For the vast majority of the war, he has prioritized the defeat of Hamas. In May, he said that was the “supreme objective,” not the return of the hostages.

But after the campaign against Iran, Netanyahu has signaled a newfound flexibility on negotiations, one that may quickly be put to the test at the White House as he meets an American president pushing for a deal.

This post appeared first on cnn.com

The debris arrives in the rockets’ wake: melted plastics, aluminum and pieces of blue adhesive. It all ends up stranded on the sands of Bagdad beach in northern Tamaulipas, Mexico, home to an endangered species of sea turtle. Just across the border lies Starbase, SpaceX’s launchpad and company town.

Since November, Conibio Global, a small non-governmental organization, has taken on a daunting task: cleaning up trash from SpaceX, one of the most powerful companies in the world.

In May, however, there was another launch, with more debris. This time, the activist claims, millions of particles ended up contaminating the area on the Mexican side. Ibarra said that a few days later, the organization collected more than a ton of waste in an area of 500 meters.

“In half a kilometer out of the 40 kilometers of shoreline, we already collected one ton (of trash),” added Ibarra. “We are a very small group, it’s impossible to clean everything.”

Ibarra said that Conibio Global handed the debris to the Mexican government’s environmental protection agency PROFEPA.

The statement added that the company had performed tests that they claim confirm that there are no chemical, biological or toxicological risks associated with the flotsam and jetsam of a typical SpaceX launch.

Ibarra said that Conibio Global has not had any contact with the company.

“Although a lot of debris is not hazardous, spaceflight-related vehicles can contain hazardous chemicals and materials,” Sorge wrote. “Be aware that it is not worth the risk to touch a piece of debris, and it could interfere with important investigations.”

Some of the objects found during cleanup operations, Ibarra said, are solid and spongy plastics, a type of rubber with a consistency similar to cork, aluminum with SpaceX labels, pieces of plastic bubble wrap, steel tubes, and pieces of a blue-colored adhesive.

Some of this trash, Ibarra predicted, could end up being ingested by Kemp’s ridley turtles, an endangered species of sea turtle that inhabits the area.

On its website, SpaceX says it is committed to minimizing the impact and improving the environment whenever possible, highlighting agreements with various US agencies and the Texas government.

A months-long saga

After the recent explosion of a SpaceX rocket on June 19, the NGO reported that some large fragments appeared in Mexican territory the next morning. It stated that several officials from the Mexican government got in touch so that they could be informed of the situation.

Conibio follows SpaceX’s social media announcements to know when there will be launches and goes to the sites to collect evidence of debris they know will fall. He says this happens in the northern area of Bagdad Beach and on a parcel of communal farming land in nearby Matamoros.

Following persistent public complaints, Mexico’s President Claudia Sheinbaum spoke out at her daily conference on June 25.

Sheinbaum said that her government had found that there is indeed pollution and that the impact of rocket launches in general will be reviewed in order to take action “within the framework of international laws,” including possible legal actions.

Ibarra, who is also a veterinarian and director of the Marine Turtle Program at Conibio Global, said that he believes the vibrations generated by the rockets compact the sand where there are turtle nests and prevent them from emerging. He said that at least 300 hatchlings have died in the compacted nests.

“There is vegetation that the last explosion burned, the entire edge of the Rio Bravo, and the pipes broke many trees, which fell near a small population of people,” said Ibarra. He added that in several border cities between Tamaulipas and Texas it was reported that there was minor damage to houses due to the vibrations from the rockets.

A team of environmental officials and personnel from the Mexican Navy Secretariat went to collect the waste Conibio collected last weekend, and during the visit, Ibarra recounted, they found a tank approximately 4 meters long and a stainless steel pipe weighing about 5 kg.

Dealing with cleaning up the waste has cost the NGO more than US$26,000 in operating expenses and beach monitoring due to vehicle fuel they use and laborers’ wages, as well as cleaning materials, the organization claims.

Ibarra noted that the Mexican government has collaborated with them since they became aware of the situation, especially since it involves a foreign company. He claimed that during one of the visits they were “harassed” by SpaceX drones that were recording them.

In SpaceX’s statement on social media, the company said that the debris is its property and that its recovery attempts have been hindered by individuals who had “trespassed” on private property without authorization.

The Government of Tamaulipas has always expressed that it wants a collaborative relationship with SpaceX. Governor Américo Villarreal visited Starbase in November 2024.

While the bigger rocket pieces have been removed, Ibarra says the trash remains a major problem at Bagdad Beach.

“The debris is still there,” Ibarra said. “It’s no longer as visible as in the photos because the tides have been burying it, but it’s there, and it has to be removed sooner or later.”

This post appeared first on cnn.com

Their reunion? It’s smooth like butter. The K-pop septet BTS will return in spring 2026 with a new album and world tour.

Members Jin, RM, V, Jimin, J-Hope, Jung Kook and Suga made the announcement Tuesday during a livestream on Weverse, an online fan platform owned by BTS management company Hybe. It was the first time all seven members have broadcast live together since September 2022.

“We’ll be releasing a new BTS album in the spring of next year. Starting in July, all seven of us will begin working closely together on new music,” the band said in a statement. “Since it will be a group album, it will reflect each member’s thoughts and ideas. We’re approaching the album with the same mindset we had when we first started.”

According to a press release, the band will be in the United States this month to begin working on new music.

The 2026 album will mark their first since 2022’s anthology, “Proof,” their 2021 Japanese compilation album “BTS, the Best,” and their last studio album, “Be,” released in 2020.

They also announced a world tour, their first in nearly four years. The news arrives a few weeks after BTS superstars RM, V, Jimin and Jung Kook were discharged from South Korea’s military after fulfilling their mandatory service.

In South Korea, all able-bodied men aged 18 to 28 are required by law to perform 18-21 months of military service under a conscription system meant to deter aggression from rival North Korea.

Six of the group’s seven members served in the army, while Suga, the last to return, fulfilled his duty as a social service agent, an alternative to military service.

Jin, the oldest BTS member, was discharged in June 2024. J-Hope was discharged in October.

South Korea’s law gives special exemptions to athletes, classical and traditional musicians, and ballet and other dancers if they have obtained top prizes in certain competitions and are assessed to have enhanced national prestige. K-pop stars and other entertainers aren’t subject to such privileges.

However, in 2020, BTS postponed their service after South Korea’s National Assembly revised its Military Service Act, allowing K-pop stars to delay their enlistment until age 30.

This post appeared first on cnn.com

Australian airline Qantas says a data hack on Monday exposed the personal information of six million customers and it expects the amount stolen to be “significant.”

The hack penetrated a third-party customer service platform used by a Qantas contact center, the airline said in a statement on Wednesday. Six million customers have service records on the platform – with data including some of their names, email addresses, phone numbers, birth dates and frequent flyer numbers.

However, the platform does not contain any customer credit card details, financial information or passport details, Qantas said.

After Qantas detected “unusual activity” on the platform, it took action and “contained” the system, it said. The statement said all Qantas systems are now secure, and there is no impact to the company’s operations or safety.

It’s not clear exactly how much data was stolen, “though we expect it to be significant,” the airline said. It is now working to support affected customers, and is cooperating with the Australian Cyber Security Centre, Australian Federal Police and independent cybersecurity experts on the investigation.

“We sincerely apologize to our customers and we recognize the uncertainty this will cause. Our customers trust us with their personal information and we take that responsibility seriously,” said Qantas CEO Vanessa Hudson in the statement.

“We are contacting our customers today and our focus is on providing them with the necessary support.”

Qantas’ share price was down 3.5% in morning trading, against a 0.4% gain in the broader market, according to Reuters.

Australia has seen a series of major cyberattacks and company hacks in recent years. In 2019, a cyberattack targeted Australia’s ruling and opposition parties less than three months before a national election. Two years later, broadcaster Nine News suffered a cyberattack that forced a number of live shows off air – calling it the largest cyberattack on a media company in Australia’s history.

Most recently in 2022, cybercriminals in Russia conducted a ransomware attack on Medibank, one of Australia’s largest private health insurers. Sensitive personal data, including health claims information, was stolen from 9.7 million customers – some of which was then released onto the dark web.

Last year, Australia publicly named and imposed sanctions on a Russian national for his alleged role in the attack. He was an alleged member of the Russian ransomware gang REvil, which had previously launched large attacks on targets in the United States and elsewhere, before Russian authorities cracked down in 2022 and detained multiple people.

This post appeared first on cnn.com

The Dalai Lama has announced that he will have a successor after his death, continuing a centuries-old tradition that has become a flashpoint in the struggle with China’s Communist Party over Tibet’s future.

Tibetan Buddhism’s spiritual leader made the declaration on Wednesday in a video message to religious elders gathering in Dharamshala, India, where the Nobel Peace laureate has lived since fleeing Tibet after a failed uprising against Chinese communist rule in 1959.

“I am affirming that the institution of the Dalai Lama will continue,” the Dalai Lama said in the pre-recorded video, citing requests he received over the years from Tibetans and Tibetan Buddhists urging him to do so.

“The Gaden Phodrang Trust has sole authority to recognize the future reincarnation; no one else has any such authority to interfere in this matter,” he added, using the formal name for the office of the Dalai Lama.

The office should carry out the procedures of search and recognition of the future dalai lama “in accordance with past tradition,” he said, without revealing further details on the process.

The Dalai Lama has previously stated that when he is about 90 years old, he will consult the high lamas of Tibetan Buddhism and the Tibetan public to re-evaluate whether the institution of the dalai lama should continue.

Wednesday’s announcement – delivered days before his 90th birthday this Sunday – sets the stage for a high-stakes battle over his succession, between Tibetan leaders in exile and China’s atheist Communist Party, which insists it alone holds the authority to approve the next dalai lama.

In a memoir published in March, the Dalai Lama states that his successor will be born in the “free world” outside China, urging his followers to reject any candidate selected by Beijing.

That could lead to the emergence of two rival dalai lamas: one chosen by his predecessor, the other by the Chinese Communist Party, experts say.

“Both the Tibetan exile community and the Chinese government want to influence the future of Tibet, and they see the next Dalai Lama as the key to do so,” said Ruth Gamble, an expert in Tibetan history at La Trobe University in Melbourne, Australia.

Samdhong Rinpoche, a senior official at the Dalai Lama’s office, told reporters on Wednesday that any further information about the procedures or methods of the Dalai Lama’s reincarnation would not be revealed to the public until the succession takes place.

Struggle over succession

Over a lifetime in exile, the 14th Dalai Lama, Tenzin Gyatso, has become synonymous with Tibet and its quest for genuine autonomy under Beijing’s tightening grip on the Himalayan region.

From his adopted hometown of Dharamshala, where he established a government-in-exile, the spiritual leader has unified Tibetans at home and in exile and elevated their plight onto the global stage.

That has made the Dalai Lama a persistent thorn in the side of Beijing, which denounces him as a dangerous “separatist” and a “wolf in monk’s robes.”

Since the 1970s, the Dalai Lama has maintained that he no longer seeks full independence for Tibet, but “meaningful” autonomy that would allow Tibetans to preserve their distinct culture, religion and identity. His commitment to the nonviolent “middle way” approach has earned him international support and the Nobel Peace Prize in 1989.

The Dalai Lama has long been wary of Beijing’s attempt to meddle with the reincarnation system of Tibetan Buddhism.

Tibetan Buddhists believe in the circle of rebirth, and that when an enlightened spiritual master like the Dalai Lama dies, he will be able to choose the place and time of his rebirth through the force of compassion and prayer.

But the religious tradition has increasingly become a battleground for the control of Tibetan hearts and minds, especially since the contested reincarnation of the Panchen Lama, the second-highest figure in the religion.

In 1995, years after the death of the 10th Panchen Lama, Beijing installed its own panchen lama in defiance of the Dalai Lama, whose pick for the role – a six-year-old boy – has since vanished from public view.

Under Tibetan tradition, the dalai lamas and the panchen lamas have long played key roles in recognizing each other’s reincarnations. Experts believe Beijing will seek to interfere in the current Dalai Lama’s succession in a similar way.

“There’s a whole series of high-level reincarnated lamas cultivated by the Chinese government to work with it inside Tibet. (Beijing) will call on all of those to help establish the Dalai Lama that they pick inside Tibet,” Gamble said. “There’s been a long-term plan to work toward this.”

Beijing has repeatedly said that the reincarnation of all Living Buddhas – or high-ranking lamas in Tibetan Buddhism – must comply with Chinese laws and regulations, with search and identification conducted in China and approved by the central government.

A “resolution of gratitude” statement released by Tibetan Buddhist religious leaders gathering in Dharamshala on Wednesday said they “strongly condemn the People’s Republic of China’s usage of reincarnation subject for their political gain” and “will never accept it.”

For his part, the current Dalai Lama has made clear that any candidate appointed by Beijing will hold no legitimacy in the eyes of Tibetans or followers of Tibetan Buddhism.

“It is totally inappropriate for Chinese Communists, who explicitly reject religion, including the idea of past and future lives, to meddle in the system of reincarnation of lamas, let alone that of the Dalai Lama,” he writes in his latest memoir, “Voice for the Voiceless.”

This post appeared first on cnn.com

A Greek Odyssey

First of all, I apologize for any potential delays or inconsistencies this week. I’m currently writing this from a hotel room in Greece, surrounded by what I can only describe as the usual Greek chaos. Our flight back home was first delayed, then canceled, then rescheduled and delayed again. So instead of being back at my desk as planned, I’m getting back into the trenches from a small Greek town. But the markets wait for no one, so here we are!

Market Sector Shifts: Tech Takes the Lead

The changes in our top five aren’t massive, but they’re certainly worth noting. Technology has muscled its way back to the #1 spot, nudging Industrials down to second. Communication Services and Utilities are holding steady at positions #3 and #4 respectively. The most interesting move, imho, is Financials re-entering the top five at #5, up from #7 last week.

Real estate remains just outside at #6, while Consumer Staples has dropped out of the top five, landing at #7. Materials and Energy are still bringing up the rear at #8 and #9. In a bit of musical chairs, Consumer Discretionary and Health Care have swapped places — Discretionary now at #10 and Health Care down to #11.

  1. (2) Technology – (XLK)*
  2. (1) Industrials – (XLI)*
  3. (3) Communication Services – (XLC)
  4. (4) Utilities – (XLU)
  5. (7) Financials – (XLF)*
  6. (6) Real-Estate – (XLRE)
  7. (5) Consumer Staples – (XLP)*
  8. (8) Materials – (XLB)
  9. (9) Energy – (XLE)
  10. (11) Consumer Discretionary – (XLY)*
  11. (10) Healthcare – (XLV)*

Weekly RRG

The weekly Relative Rotation Graph (RRG) paints a clear picture of Technology’s strength as it powers further into the leading quadrant. Industrials is still in the lead, but has started to lose some relative momentum — though it’s maintaining the highest RS-ratio reading. Communication Services is showing a clear upward rotation, while Financials and Utilities are inside the weakening quadrant with negative headings (but still above the 100 level, keeping them in the top five).

Daily RRG

  • Technology and Communication Services flexing their muscles in the leading quadrant
  • Industrials inside lagging, but turning back up
  • Financials in improving on a positive heading
  • Utilities rotating back down at a negative heading, close to crossing into lagging

The sector at risk here is clearly Utilities — at least for now.

Technology

The Technology sector chart is showing a very clear breakout above the resistance area around 240. It’s a decisive move, and that old resistance should now act as support. This breakout is mirrored in the relative strength line, which has continued its upward trajectory after breaking out of the falling channel.

Industrials

Industrials are also flexing their muscles, clearing overhead resistance with a nice breakout. The relative strength line, already out of its consolidation pattern, appears to be gaining momentum again. This is starting to drag the RS ratio line higher.

Communication Services

Communication Services is showing a clear upward break over the 105 resistance area. Just like Tech and Industrials, that old resistance is now expected to act as support. The price strength is finally reflected in the relative strength line, which has started to move up against the rising support line. This is causing the RS momentum line to pull up, almost crossing back over the 100 level, which should, in turn, push Communication Services back into the leading quadrant on the weekly RRG.

Utilities

Utilities, one of the defensive sectors in this cyclical power play, has remained static within its range. But in this market, standing still means losing relative strength. The utility sector is becoming increasingly at risk, with its relative strength chart returning to the trading range and heading towards the lower boundary. This is dragging the RRG lines lower.

Financials

Financials, our new entrant in the top five, is still grappling with the old rising support line and overhead resistance level. However, last week’s price action seems to have broken the sector out of a small consolidation pattern. If Financials can now take out the overhead resistance just above 52, it’ll be a powerful sign for this sector.

Portfolio Performance

From a portfolio performance perspective, we’re getting hurt by the strength of the Technology sector. It’s in the portfolio, but not enough to keep up with the S&P 500’s performance. We’re still underperforming by around 8%.

To turn this situation around, we need sustained moves higher by Technology, Communication Services, and potentially Financials. If Consumer Discretionary could join the party at some stage, that would be ideal — but it’s still far off at #10. For now, we’ll have to work with what we’ve got, especially from Tech and Communication Services, with potential boosts from Financials and Industrials. Utilities are likely to be a drag while they remain in the top five, given the current bullish market sentiment.

#StayAlert and have a great week. –Julius


In this video, Mary Ellen spotlights key pullback opportunities and reversal setups in the wake of a strong market week, one which saw all-time highs in the S&P 500 and Nasdaq. She breaks down the semiconductor surge and explores the bullish momentum in economically-sensitive sectors, including software, regional banks, and small-caps. Watch as she highlights top stocks to add to your watchlist, including FedEx, XPO, CHRW, and RL, plus identifies downtrend reversal candidates like AeroVironment (AVAV) and Nike, supported by volume and technical breakouts. In addition, she covers smart entry tactics, examining historical precedent with Coinbase.

This video originally premiered on June 27, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.