Lithium Universe (LU7:AU) has announced Acquisition Legal DD Complete
Download the PDF here.
Lithium Universe (LU7:AU) has announced Acquisition Legal DD Complete
Download the PDF here.
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
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.
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.
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.”
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.
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.
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.
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.”
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!
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.
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).
The sector at risk here is clearly Utilities — at least for now.
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 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 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, 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, 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.
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.
Below is the EB Weekly Market Report that I sent out earlier to our EarningsBeats.com members. This will give you an idea of the depth of our weekly report, which is a very small piece of our regular service offerings. We called both the stock market top in February and stock market bottom in April, and encouraged EB members to lower risk at the time of the former and increase risk at the time of the latter.
There is no better time to experience our service for yourself as we’re currently running a FLASH SALE that offers a 20% discount on annual memberships. The timing to join couldn’t be better as I’ll be providing my Q3 outlook to all EB annual members at 5:30pm ET today. A recording will be provided for those who cannot attend the session live. So if you sign up later today or tomorrow or the next day, we’ll make sure you get a time-stamped copy of the recording.
In the meantime, enjoy this complimentary copy of this week’s report….
The following ChartLists/Spreadsheets were updated over the weekend:
*We continued to add more stocks to our Manipulation Spreadsheet and you’ll see that a few have tabs, but do not have data yet. Those 3 are still “under construction”. I also added a “Summary” tab where I’ve begun to sort the individual stocks in order based on a proprietary relative AD ranking system. Don’t ask me what it means yet, because it’s still very much a work in progress as well. I’m looking at the intraday relative performance of individual stocks vs. the benchmark S&P 500. So positive percentages represent better intraday AD performance than the S&P 500, while negative percentages represent the opposite. One thing I’ll be watching is to see if stronger relative AD lines precede relative strength in stocks on a forward-looking basis. It certainly did in the case of both Netflix (NFLX) and Microsoft (MSFT) from several weeks ago when I pointed out what appeared to me to be significant accumulation in March/April when the stock market bottomed. Both NFLX and MSFT have soared since that time. I’ll keep everyone posted on the progress of my research over the next many weeks and months.
Major Indices
Sectors
Top 10 Industries Last Week
Bottom 10 Industries Last Week
Top 10 Stocks – S&P 500/NASDAQ 100
Bottom 10 Stocks – S&P 500/NASDAQ 100
If you’re a long-term investor, stepping back and looking at the stock market using this 100-year chart enables you to avoid pulling unnecessary sell triggers, because of the media, permabears, negative nellie’s, and all the “news” out there. The above chart never once flashed anything remotely signaling a sell signal and now, here we are, back at all-time highs. Simply put, it filters out all the noise that we hear on a day-to-day basis and keeps our wits about us.
Here’s the latest look at our key intraday ratios as we follow where the money is traveling on an INTRADAY basis (ignoring gaps):
QQQ:SPY
Absolute price action on both the S&P 500 and NASDAQ 100 has now seen all-time high breakouts, which alone is quite bullish. We want to see aggressive vs. defensive (or growth vs. value) ratios moving higher to indicate sustainability of any S&P 500 advance. In my view, we’re seeing that. But the intraday QQQ:SPY ratio continues to hesitate. A breakout in this intraday relative ratio would most definitely add to the current bullish market environment.
IWM:QQQ
I’m seeing signs of an impending rate cut by the Fed. However, if I’m being completely honest, one signal that we should see is outperformance in small caps and a rising IWM:QQQ ratio. That hasn’t happened – at least not yet. If a rate cut starts to become clearer, I would absolutely expect to see much more relative strength in small caps. Keep an eye out for that.
XLY:XLP
I pay very close attention to the XLY:XLP ratio and, more specifically, this INTRADAY XLY:XLP ratio. This chart helped me feel confident in calling a market top back in January/February. If you recall, that’s when we said it was waaaaay too risky to be long the U.S. stock market. By the time we had bottomed in April, the blue-shaded area highlighted the fact that the XLY vs. XLP ratio had already begun to SOAR! That’s why, on Friday, April 11th, I said I was ALL IN on the long side again.
These signals are golden and, when used in conjunction with all of our other signals, can provide us extremely helpful clues about stock market direction. If these ratios begin to turn lower in a big way, then yes we’ll need to grow more cautious. However, right now, they couldn’t be any more bullish. Expect higher prices ahead.
5-day SMA ($CPCE)
Sentiment indicators are contrarian indicators. When they show extreme bullishness, we need to be a bit cautious and when they show extreme pessimism, it could be time to become much more aggressive. Major market bottoms are carved out when pessimism is at its absolute highest level.
The S&P 500 had struggled a bit once 5-day SMA readings of the CPCE fell to the .55 area, a sign of market complacency and a possible short-term top. We saw a bit of a pullback in June, which many times is all we get during a secular bull market advance. My sustainability ratios are supporting a higher move by stocks and I know from history that overbought conditions can remain overbought. I also know that sentiment does a much better job of calling bottoms than it does calling tops. That’s why I will not overreact every time this 5-day moving average of the CPCE falls back below .55. During Q4 2024, we saw plenty of 5-day SMA readings below .55 and, while the S&P 500 was choppy, bullishness prevailed throughout. So just please always keep in mind that these 5-day SMA readings are our “speed boat” sentiment indicator that changes quite frequently. When it lines up with other bearish or topping signals, we should take note. But reacting to every subtle move in this chart is a big mistake, in my opinion.
253-day SMA ($CPCE)
This longer-term 253-day SMA of the CPCE is our “ocean-liner” signal, unlike our speedboat indicator. This one usually provides us a very solid long-term signal as the overall market environment moves from one of pessimism to complacency and vice versa. Look at the above chart. When the 253-day SMA is moving lower like it is now, it accompanies our most bullish S&P 500 moves. It makes perfect common sense as well. Once this 253-day SMA moves to extremely high levels and begins to roll over, the bears have already sold. We typically have nowhere to go on our major indices, except higher once sentiment becomes so bearish. The opposite holds true when the 253-day SMA reaches extreme complacency and starts to turn higher. We saw that to start 2022, which, at the time, I stated was my biggest concern as we started 2022. If you recall, I said to look for a 20-25% cyclical bear market over a 3-6 month period on the first Saturday in January 2022. The above chart was my biggest reason for calling for such a big selloff ahead of the decline.
These charts matter.
Since beginning this Weekly Market Report in September 2023, I’ve discussed the long-term trade candidates below that I really like. Generally, these stocks have excellent long-term track records, and many pay nice dividends that mostly grow every year. Only in specific cases (exceptions) would I consider a long-term entry into a stock that has a poor or limited long-term track record and/or pays no dividends. Below is a quick recap of how these stocks looked one week ago:
Keep in mind that our Weekly Market Reports favor those who are more interested in the long-term market picture. Therefore, the list of stocks above are stocks that we believe are safer (but nothing is ever 100% safe) to own with the long-term in mind. Nearly everything else we do at EarningsBeats.com favors short-term momentum trading, so I wanted to explain what we’re doing with this list and why it’s different.
Also, please keep in mind that I’m not a Registered Investment Advisor (and neither is EarningsBeats.com nor any of its employees) and am only providing (mostly) what I believe to be solid dividend-paying stocks for the long term. Companies periodically go through adjustments, new competition, restructuring, management changes, etc. that can have detrimental long-term impacts. Neither the stock price nor the dividend is ever guaranteed. I simply point out interesting stock candidates for longer-term investors. Do your due diligence and please consult with your financial advisor before making any purchases or sales of securities.
Upcoming Earnings
Very few companies will report quarterly results until mid-April. The following list of companies is NOT a list of all companies scheduled to report quarterly earnings, however, just key reports, so please be sure to check for earnings dates of any companies that you own. Any company in BOLD represents a stock in one of our portfolios and the amount in parenthesis represents the market capitalization of each company listed:
Key Economic Reports
Historical Data
I’m a true stock market historian. I am absolutely PASSIONATE about studying stock market history to provide us more clues about likely stock market direction and potential sectors/industries/stocks to trade. While I don’t use history as a primary indicator, I’m always very aware of it as a secondary indicator. I love it when history lines up with my technical signals, providing me with much more confidence to make particular trades.
Below you’ll find the next two weeks of historical data and tendencies across the three key indices that I follow most closely:
S&P 500 (since 1950)
NASDAQ (since 1971)
Russell 2000 (since 1987)
The S&P 500 data dates back to 1950, while the NASDAQ and Russell 2000 information date back to 1971 and 1987, respectively.
All-time highs are always a time for me to say “I told you so” to the bears, since I’ve been a firm believer that we remain in a secular bull market advance – one in which we should EXPECT to see higher prices and all-time highs. This latest rally is being fully supported by risk-on areas of the market, which will almost certainly lead for more and more all-time highs down the road.
Here are several things I’m watching this week:
Happy trading!
Tom