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July 25, 2025

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The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

As the global economy shifts toward electrification and clean energy, lithium has emerged as a cornerstone of the energy transition, and the US is racing to secure its place in the supply chain.

Lithium-ion batteries are no longer just critical to electric vehicles (EVs); they’re becoming vital across sectors to stabilize power systems, particularly amid growing reliance on intermittent renewables.

According to Fastmarkets, demand for battery energy storage systems (BESS) is accelerating, driven by data centers, which have seen electricity consumption grow 12 percent annually since 2017.

In the US, where data infrastructure is heavily clustered, BESS demand from data centers alone could make up a third of the market by 2030, with a projected compound annual growth rate of 35 percent.

As the US works to expand domestic production and reduce import dependence, policy uncertainty, including potential rollbacks of EV tax credits and clean energy incentives, clouds the investment outlook.

1. Sociedad Química y Minera (NYSE:SQM)

Year-to-date gain: 10.43 percent
Market cap: US$10.82 billion
Share price: US$40.64

SQM is a major global lithium producer, with operations centered in Chile’s Salar de Atacama. The company extracts lithium from brine and produces lithium carbonate and hydroxide for use in batteries.

SQM is expanding production and holds interests in projects in Australia and China.

Shares of SQM reached a year-to-date high of US$45.61 on March 17, 2025. The spike occurred a few weeks after the company released its 2024 earnings report, which highlighted record sales volumes in the lithium and iodine segments. However, low lithium prices weighed on revenue from the segment, and the company’s reported net profit was pulled down significantly due to a large accounting adjustment related to income tax.

In late April, Chile’s competition watchdog approved the partnership agreement between SQM and state-owned copper giant Codelco aimed at boosting output at the Atacama salt flat. The deal, first announced in 2024, reached another milestone when it secured approval for an additional lithium quota from Chile’s nuclear energy regulator CChEN.

Weak lithium prices continued to weigh on profits, with the company reporting a 4 percent year-over-year decrease in total revenues for Q1 2025.

2. Lithium Americas (NYSE:LAC)

Year-to-date gain: 9.67 percent
Market cap: US$719.1 million
Share price: US$3.29

Lithium Americas is developing its flagship Thacker Pass project in Northern Nevada, US. The project is a joint venture between Lithium Americas at 62 percent and General Motors (NYSE:GM) at 38 percent.

According to the firm, Thacker Pass is the “largest known measured lithium resource and reserve in the world.”

Early in the year, Lithium Americas saw its share rally to a year-to-date high of US$3.49 on January 16, coinciding with a brief rally in lithium carbonate prices.

In March, Lithium Americas secured US$250 million from Orion Resource Partners to advance Phase 1 construction of Thacker Pass. The funding is expected to fully cover development costs through the construction phase. On April 1, the joint venture partners made a final investment decision for the project, with completion targeted for late 2027.

Other notable announcements this year included a new at-the-market equity program, allowing the company to sell up to US$100 million in common shares.

3. Lithium Argentina (NYSE:LAR)

Year-to-date gain: 8.46 percent
Market cap: US$467.28 million
Share price: US$2.90

Lithium Argentina produces lithium carbonate from its Caucharí-Olaroz brine project in Argentina, developed with Ganfeng Lithium (OTC Pink:GNENF,HKEX:1772).

The company is also advancing additional regional lithium assets to support EV and battery demand.

Previously named Lithium Americas (Argentina), the company was spun out from Lithium Americas in October 2023.

While shares of Lithium Argentina spiked in early January to a year-to-date high of US$3.10, the share price has been trending higher since June 19 to its current US$2.90 value.

Notable news from the company this year includes its name and ticker change and corporate migration to Switzerland in late January and the release of the full-year 2024 results in March.

In mid-April, Lithium Argentina executed a letter of intent with Ganfeng Lithium to jointly advance development across the Pozuelos-Pastos Grandes basins in Argentina. The plan includes a project fully owned by Ganfeng as well as two jointly held assets majority-owned by Lithium Argentina.

The company released its Q1 results on May 15, reporting a 15 percent quarter-over-quarter production reduction, which it attributed to planned shutdowns aimed at increasing recoveries and reducing costs.

Overall, the production guidance for 2025 is forecasted at 30,000 to 35,000 metric tons of lithium carbonate, reflecting higher expected production volumes in the second half of the year.

Securities Disclosure: I, Georgia Williams, currently hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

JERUSALEM— The Hashemite Kingdom of Jordan is under growing pressure to extradite the self-confessed female Hamas terrorist Ahlam Aref Ahmad al-Tamimi, who engineered the terrorist bombing at a Jerusalem pizzeria in 2001 that murdered three Americans among 16 people, half of whom were children.

Frimet and Arnold Roth, the parents of Malki Roth, a 15-year-old U.S. citizen murdered in the 2001 Sbarro pizzeria bombing, held a virtual meeting on July 17, 2025 with Jeanine F. Pirro, United States Attorney for the District of Columbia. 

The U.S. State Department has a $5 million reward for information leading to al-Tamimi’scapture, even as reports claim Jordan’s King Abdullah II has played hardball, refusing to extradite the accused mass murderer. 

‘You have the capacity to push for her extradition, to ensure that the 1995 treaty is honored, to show Jordan and its population along with the watching world that harboring terrorists has consequences,’ Arnold Roth told Pirro during the meeting, according to a family press release following the meeting. 

The 24th anniversary of the Aug. 9, 2001 bombing is next month.

Roth added, ‘We’re here today to implore you to act. Jordan needs to know the U.S. cannot tolerate the protection of a murderer of American citizens. U.S. justice needs to be respected by the world and, without hammering this point too hard, by America’s lawmakers and senior officials.’ 

The Roths said that the meeting focused on the need for ‘concrete steps’ to advance the long-delayed extradition of al-Tamimi.  

Al-Tamimi’sterrorist bombing also killed Judith Shoshana Greenberg and Chana Nachenberg in the 2001 attack. ‘All the victims deserve justice,’ Arnold Roth said, stressing that Tamimi’s extradition should become a ‘true priority’ for the U.S. Department of Justice. 

When asked if the extradition of al-Tamimi was raised by U.S. Secretary of State Marco Rubio in his Wednesday meeting with Jordanian Foreign Minister Ayman Safadi, a State Department spokesperson told Fox News Digital, ‘The United States has continually emphasized to the Government of Jordan the importance of holding Ahlam al-Tamimi, the convicted terrorist released by Israel in a 2011 prisoner swap, accountable in a U.S. court for her admitted role in a 2001 bombing in Jerusalem that killed 15 people, including Americans Malka Chana Roth, Judith Shoshana Greenbaum, and Chana Nachenberg. The United States continues to impress upon the Government of Jordan that Tamimi is a brutal murderer who should be brought to justice.’

The State Department referred Fox News Digital to the Department of Justice for more information about the U.S. criminal case against al-Tamimi.

The Justice Department and Pirro’s office did not immediately respond to Fox News Digital press queries.

Al-Tamimi is on the FBI’s Most Wanted Terrorists list. She is the second female to appear on the terrorism list.

Frimet Roth told U.S. Attorney Pirro that ‘We cannot carry this fight alone any longer. Judge Pirro, please, be the voice for Malki and the other American victims. Be the advocate for justice that has been denied for too long. We beg you to act—not for our sake alone, but for the integrity of American law and the sanctity of every life lost to terror.’ 

The Roths also delivered a petition to U.S. Ambassador to Israel Mike Huckabee in May 2025, with some 30,000 signatures urging the Trump administration to press Jordan for al-Tamimi’s extradition. 

Arnold Roth told Fox News Digital that ‘No senior figure from State has ever, in all the years of our fight for justice, agreed to speak with us. Their treatment of us and of the Tamimi case is deplorable. Victoria Nuland, then one of the top-ranking figures in the State Department. Nuland wrote to us in the names of President Biden and then-Sec of State Antony Blinken, and told us that the Tamimi case was quote ‘a foremost priority’ for the U.S. And that they would keep us informed. She then [they] ignored every follow-up letter that I sent her, and of course so said Biden and Blinken.’

Jordan’s government is a major recipient of U.S. Foreign Military Financing (FMF).

According to a January 2025 U.S. State Department fact sheet, ‘Since 2015, the Department of State has provided Jordan with $2.155 billion in FMF, which makes Jordan the third-largest global recipient of FMF funds over that time period.  In addition, the Department of Defense (DoD) has provided $327 million to the Jordanian Armed Forces (JAF) under its 333 authority since 2018, making Jordan one of the largest recipients of this funding.’

Al-Tamimi reportedly boasted about her terrorist operation in the Arab media and called for more terrorism against Israel. ‘Of course. I do not regret what happened. Absolutely not. This is the path. I dedicated myself to jihad for the sake of Allah, and Allah granted me success. You know how many casualties there were [in the 2001 attack on the Sbarro pizzeria]. This was made possible by Allah. Do you want me to denounce what I did? That’s out of the question. I would do it again today, and in the same manner,’ she said in 2011, according to a MEMRI translation.

In 2017, the U.S. Justice Department publicly announced that it had charged her with the Jerusalem suicide bombing. 

Fox News Digital sent multiple press queries to Jordan’s government and its embassies in Washington, D.C., and Tel Aviv.

This post appeared first on FOX NEWS

UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices.

It comes after the Wall Street Journal reported in May that the Department of Justice is conducting a criminal investigation into the health-care giant over possible Medicare fraud. In response at the time, the company said it stands “by the integrity of our Medicare Advantage program.”

In July, the Journal also reported that the DOJ interviewed several doctors about UnitedHealth’s practices and whether they felt pressured to submit claims for certain conditions that bolstered payments from the Medicare Advantage program to the company.

That marked the second time this year that the insurer’s Medicare Advantage business has come under federal scrutiny. The Journal also reported in February that the DOJ is conducting a civil investigation into whether the company inflated diagnoses to trigger extra payments to its Medicare Advantage plans.

But in March, UnitedHealth moved a step closer to ending a yearslong legal battle with the DOJ that began with a whistleblower who alleged the company illegally withheld at least $2 billion through the Medicare Advantage program. A special master assigned to the case by the judge issued a recommendation in favor of UnitedHealth, saying the DOJ lacked evidence.

UnitedHealthcare’s Medicare and retirement segment, which includes the Medicare Advantage business, is UnitedHealth Group’s largest revenue driver, raking in $139 billion in sales last year.

The update in the probe comes after a tumultuous last year for UnitedHealthcare, the nation’s largest and most powerful private health insurer. Shares of UnitedHealthcare’s parent company, UnitedHealth Group, are down more than 42% for the year after it suspended its 2025 forecast amid skyrocketing medical costs, announced the surprise exit of former CEO Andrew Witty and grappled with the reported probe into its Medicare Advantage business.

The company’s 2024 wasn’t any easier, marked by a historic cyberattack and the torrent of public blowback after the murder of UnitedHealthcare’s CEO, Brian Thompson.

This post appeared first on NBC NEWS