Lithium Universe (LU7:AU) has announced Interview with Executive Chairman
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Lithium Universe (LU7:AU) has announced Interview with Executive Chairman
Download the PDF here.
Bert Dohmen, founder and CEO of Dohmen Capital Research, sees physical gold and silver as key safe havens as a potential bull trap in the broad stock market plays out.
‘We said we’re probably going to go to a new high in a major, widely watched index like the S&P 500 (INDEXSP:.INX). It’s going to be by a small amount a new high, and that’s going to close the bull trap,’ he said.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get to the Essence Festival of Culture to connect with their core customers.
“Essence Fest is like my Black Friday,” said Rochelle Ivory, owner of beauty brand On the Edge Baby Hair. “It is my biggest sales weekend of the year. It’s where I make all the capital I reinvest in my business.”
Essence Fest kicks off on Friday, with roughly 500,000 people attending the event in New Orleans. It generates around $1 billion in economic activity, according to organizers.
“It’s the cannot-miss event for us,” said Brittney Adams, owner of eyewear brand Focus and Frame. She said this year Essence Fest is even more important because she’s seen Black consumers pulling back on spending.
“I would say the uncertainty of just the economic and political climate — that’s giving people a little bit of hesitancy. Should they save the money? Should they buy the things they want?” Adams said.
Ivory said her sales are down roughly 30% year over year, but she’s hopeful people come to New Orleans looking to spend their time and money in the festival marketplace.
“This could make or break some of us,” she said. “It’s one of the few places where Black women, Black founders can really come together and be seen.”
The Global Black Economic Forum aims to bring visibility and create solutions for Black business owners at Essence Fest. This year speakers include Supreme Court Justice Ketanji Brown-Jackson and Maryland Gov. Wes Moore. Last year, then-Vice President Kamala Harris spoke.
“We intentionally curate a space that allows leaders to preserve, build and reimagine how we can collectively increase economic opportunity to thrive,” said Alphonso David, CEO of the GBEF.
While many Black Americans express economic anxiety, the data is less clear.
In the first quarter of this year, according to Federal Reserve data, the median weekly salary for Black workers was $1,192 a 5% increase year over year. Black unemployment stood at 6% in the most recent jobs report, a historically low number, but still higher than the national average of 4.2%.
However, the data doesn’t appear to fully reflect the sentiment for many Black Americans who are concerned about the political, cultural and economic shifts that have taken place since President Donald Trump’s election.
“Never let a good crisis go to waste,” said John Hope Bryant, founder and CEO of Operation Hope, one of the nation’s largest non-profits focused on financial education and empowerment.
Bryant said he sees the concerns of Black Americans as an opportunity in the second half of 2025.
“This president has done something that hasn’t been done since the 1960s, which is unify Black America. Wealth was created in the early 20th century because Blacks were forced to work together. But instead of Black Lives Matter, let’s make Black capitalist matter,” he said.
Pastor Jamal Bryant of New Birth Missionary Baptist Church has galvanized Black consumers with an organized boycott of Target that began in February in response to the retailer’s decision to roll back diversity, equity and inclusion initiatives.
Bryant said he is in discussions with Target but is ready to organize a longer-term boycott if the retailer does not fulfill the promises it made to the Black community after the killing of George Floyd. He is urging Black Americans to use the estimated $2.1 trillion dollars in spending power forecast by 2026 to drive economic and political change.
“I would dare say that ‘pocketbook protests’ are a revolutionary activity,” said Bryant.
“I think we have to be very selective in light of the ‘Big Ugly Bill’ that just passed and how it will adversely affect our community,” he said, referencing Trump’s megabill that passed through Congress this week.
Invest Fest, an event that blends commerce and culture created by financially focused media company Earn Your Leisure kicks off in Atlanta in August.
Co-CEOs Rashad Bilal and Troy Millings said the event will remain focused on financial literacy, but this year they are emphasizing the urgent need for education and entrepreneurship in technology.
“It’s definitely now or never, the time is now,” said Bilal.
“The important thing this year is the way technology is going to disrupt a lot of career paths and the businesses, and we have to prepare for that, which is why AI is at the forefront of the conversation, crypto is at the forefront of the conversations, real estate as always and entrepreneurship,” said Millings.
New this year is a partnership with venture capital firm Open Opportunity and a pitch competition where an entrepreneur can win $125,000 in funding to scale their business.
“We need more businesses that can reach $100 million valuation to a $1 billion valuation, get on the stock market. The pathway to that 9 times out of 10 is technology,” Bilal said.
The National Black MBA Association Conference in Houston in September will have a similar tone. The event is known for its career fair where the nation’s largest companies recruit as well as for networking and vibrant social activities.
This year, interim CEO Orlando Ashford is working to establish artificial intelligence education and financial literacy as pillars of the event.
“Doing business as usual is not an option,” Ashford told CNBC. “AI is something I literally refer to as a tsunami of change that’s on its way. All of us will be forced to pivot in some ways as it relates to AI. Those of us that are out in front, that embrace it and leverage it actually can turn it into a tremendous and powerful opportunity. Those that wait and ignore it will be overtaken by the wave.”
This week, Frank analyzes recent technical signals from the S&P 500, including overbought RSI levels, key price target completions, and the breakout potential of long-term bullish patterns. He examines past market breakouts and trend shifts, showing how overbought conditions historically play out. Frank also walks through a compelling mean-reversion trade idea in Apple, emphasizing its lagging performance and potential rebound based on past patterns.
This video originally premiered on July 2, 2025.
You can view previously recorded videos from Frank and other industry experts at this link.
Joe presents a deep dive into MACD crossovers, demonstrating how to use them effectively across multiple timeframes, establish directional bias, and improve trade timing. He explains why price action should confirm indicator signals, sharing how to identify “pinch plays” and zero-line reversals for higher-quality setups. Joe then analyzes a wide range of stocks and ETFs, from QQQ and IWM to Nvidia, Tesla, Palantir, and Reddit; he highlights the importance of momentum, relative strength, and ADX in spotting potential reversals or breakouts. This video is a must-see for traders looking to sharpen their multi-timeframe analysis.
The video premiered on July 2, 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.
Roblox Corporation (RBLX), the company behind the immersive online gaming universe, has been on a strong run since April. This isn’t the first time the stock demonstrated sustained technical strength: RBLX has maintained a StockCharts Technical Rank (SCTR) above 90, aside from a few dips, since last November.
Currently, RBLX is showing up on a few scans that may signal an opportunity for those who are bullish on the stock. It currently ranks among the SCTR Report Top 10, but also appeared on a few cautionary scans, including the Parabolic SAR Sell Signals and Overbought with a Declining RSI scans (both of which are available in the StockCharts Sample Scan Library).
So here’s the question: Is RBLX a strong stock that’s about to undergo a buyable dip?
Before we explore that question, let’s take a look at a weekly chart for a broader perspective.
FIGURE 1. WEEKLY CHART OF RBLX. The stock is barely above halfway between its three-year lows and highs. If it delivers the growth investors expect, you could see another leg higher once the pullback completes.
The weekly chart shows RBLX trading in a broad range from late 2022 to late 2024, repeatedly failing to clear resistance near $47–$48. When it finally broke out in November, the stock’s technical strength was reflected in its SCTR score, which held a sustained position above the 90 line save a few declines.
Breaking above the $47–$48 resistance was a key move, as that level turned into support in December and again in April, where RBLX established a base ahead of its current rally. The subsequent move up was sharp, arguably even parabolic, peaking at $106.17 before pulling back.
If you look closely, you’ll see a swing high at around the $125 level (December 2022). This marks a technical level that happens to align with several Wall Street price targets. The blue line at $140 marks RBLX’s all-time high. Both levels can serve as potential price targets and are also likely to act as resistance.
RBLX is a technically strong stock that is fundamentally robust, despite remaining unprofitable on a GAAP basis. With strong user engagement, accelerating revenue growth, and plenty of free cash flow, it’s a favorable growth stock. However, it’s overbought. So, for those looking to get in, what are the key levels to watch out for?
Let’s shift over to a daily chart.
FIGURE 2. DAILY CHART OF RBLX. Although the stock is currently overbought, there are plenty of support levels below. If you’re bullish on the stock, now’s the time to add RBLX to your ChartLists and set price alerts.
The strength of RBLX’s current surge is highlighted by the Bollinger Bands. The stock has been “walking the band” over the past two months. Now that it has pulled back, it appears to be bouncing off the middle band, suggesting that investors are still accumulating the stock.
As far as the pullback is concerned, the Money Flow Index (MFI), a volume-weighted Relative Strength Index (RSI), shows that RBLX entered overbought territory in May and began declining in late June, revealing a divergence between MFI and price—an early signal that RBLX was about to pull back. That pullback materialized on Tuesday. Whether it continues in the coming sessions is something we’ll have to see. In contrast, the Chaikin Money Flow (CMF), a measure of volume-based momentum, suggests that buying pressure is still relatively strong.
Whether RBLX continues advancing or pulls back in the near term, keep an eye on the Bollinger Bands for potential support. You may also encounter a bounce and favorable entry point at $92.50, a “local” swing low.
Another stronger support level sits near $75, aligning with the February and April swing highs. HOWEVER, that’s a huge drop; if the price falls toward this level, you’d have to reevaluate the stock’s momentum, volume, market sentiment, and the broader economic factors that may be driving such a decline.
If you’re bullish on the stock, RBLX is something you’ll want to monitor in the days ahead. Add it to your ChartLists and observe how it acts within the context of the Bollinger Bands. If the stock declines further, you may want to set a price alert at $92.50 to see how price responds to this recent swing low. As mentioned above, further declines would warrant a re-evaluation, so keep a close eye on the price action.
RBLX’s surge reflects growing optimism about the company’s future growth prospects. While it isn’t profitable yet by GAAP standards, its strong performance relative to analyst expectations and its strong free cash flow have made it something of a Wall Street darling. For now, the technicals are the proof in the pudding. If it is what growth investors seek, the price action should provide evidence before the fundamentals validate it in the coming earnings quarters.
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
Stocks keep notching record highs. If you’re like most investors, you’re probably wondering, “Should I really chase these prices or sit tight and wait for a pullback?”
Instead of overthinking and ending up in Analysis-Paralysis land, however, it may be worth exploring other avenues — and maybe even something you’ve never thought of.
Enter bearish counter-trend options strategies. Yup, it sounds crazy, especially when the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed at fresh highs. But here’s the reality: a well-planned put strategy has the potential to generate some revenue while you wait for the market to slow down or pull back. I got the idea after watching a recent video that dives into these strategies (worth watching if you haven’t).
If you click the OptionsPlay Strategy Center tab on your StockCharts Dashboard (OptionsPlay Add-On for StockCharts required), choose the Bearish Counter Trend or Bullish Counter Trend categories (depending on whether the market is bullish or bearish), and then select the Bear Put Spread strategy, you’ll see all the stocks that meet the criteria. Since stocks are in a bullish trajectory, I decided to look at stocks in the Bearish Counter Trend list. I also chose the 45-day timeframe, a balanced risk profile, and $2,500 max risk. I sorted the list based on IV rank. Walt Disney Co. (DIS) made it to the top of the list.
A couple of points to consider:
However, looking through the other charts on the list, DIS appeared to be the most likely to pull back in the near term.
Here’s where the beauty of options comes into play. They’re extremely flexible, and you can tweak the strategies to give you a risk/reward that’s more desirable.
With that in mind, let’s dive into Disney’s stock chart and consider how low the stock could go.
Looking at the daily chart of DIS, the stock price has pulled back a bit, and momentum, although relatively high as indicated by the relative strength index (RSI) and percentage price oscillator (PPO), is showing signs of slowing down. If momentum continues to weaken, DIS could move lower and fall to around the $120 level (dashed blue horizontal line).
FIGURE 1. DAILY CHART OF DISNEY STOCK. DIS has been rising after its early May gap up. It’s now pulling back, and Disney’s stock price closed today at $122.98.Chart source: StockCharts.com. For educational purposes.
If you click the Options tab below the chart, you’ll see three strategies you could apply. Since I have a bearish bias, I clicked the Bearish button. The three optimized strategies that came up:
Looking at the risk curve for the put spread — buying 1 Aug 15 125 put and selling 1 Aug 15 110 put (see below) — you’re risking $471 for a potential reward of $1029. This is slightly better than a 0.6 to 1 risk/reward ratio. The breakeven level is $120.29, which aligns with the support level on the price chart. At least there’s a high probability of breaking even, although you want to do better than that. DIS could fall below the $120 level. I would consider placing this trade.
FIGURE 2: RISK CURVES FOR THREE OPTIMAL STRATEGIES FOR TRADING DIS STOCK. The put vertical spread has the best score, defined-risk, and an attractive payoff.Chart source: StockCharts.com. For educational purposes.
Options are dynamic, and if you decide to put on the trade, monitor your open positions regularly. With options, it’s not just about price. Time decay and volatility can change the premiums. If these variables change significantly, consider adjusting your trade.
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.
President Donald Trump’s legislative agenda temporarily ground to a halt in the House of Representatives Wednesday afternoon.
Plans for an early afternoon vote to begin debate on Trump’s ‘big, beautiful bill’ slipped away as both conservative concerns and weather delays led to issues in passing two procedural votes ahead of the critical measure.
It’s not clear if the key vote will proceed today at this point. House Freedom Caucus Chairman Andy Harris, R-Md., one of the bill’s biggest critics, told reporters a vote was still ‘possible.’
‘No, not yet,’ he said when asked if he was getting what he needed from the White House to support the measure. ‘But the evening is so young.’
House GOP leaders had hoped to vote to begin debate on the vast tax and immigration bill, a maneuver known as a ‘rule vote,’ with the goal of teeing up a vote on the legislation’s final passage by late Wednesday or early Thursday at the latest.
The president has directed Republicans to get a bill to his desk for a signature by the Fourth of July, though he’s suggested in some recent comments he would not mind a delay of a few days.
The rule vote was meant to be the third in an early afternoon series of three votes. As of early evening Wednesday, that vote is still being held open, and the House floor is effectively paralyzed.
Lawmakers who expected a vote were told to return to their offices to await further instructions.
Multiple House Freedom Caucus members who left a meeting next to the House floor declined to comment on what they discussed, but several have made clear in recent days that they have serious issues with the Senate’s version of Trump’s agenda bill.
The mammoth piece of legislation includes Trump’s agenda on taxes, the border, energy, defense and the national debt.
Office of Management and Budget Director Russell Vought was seen briefly entering and exiting the room where the fiscal hawks were gathered.
He said little to reporters other than announcing they were ‘making good progress’ on his way out of the room.
Rep. Chip Roy, R-Texas, suggested that conservatives were speaking with the Trump administration about how Republicans could make up for what they saw as deficiencies in the current version of the bill.
Fiscal hawks were angered by last-minute moves made to placate Senate GOP moderates who were uneasy about the bill’s near-immediate phase-out of most green energy tax subsidies in former President Joe Biden’s Inflation Reduction Act (IRA).
They’ve also argued the Senate’s bill would add more to the federal deficit than the House’s earlier version, though Senate Republicans have pushed back.
‘We were not happy with what the Senate produced. We thought there was a path forward as of late last week, even though I had concerns in public about them. But then they jammed it through at the last minute in a way that, you know, we’re not overly excited about,’ Roy said. ‘So, now we’re trying to understand what our options are from this point.’
Other representatives, like Keith Self, R-Texas, and Josh Brecheen, R-Okla., declined to comment about the meeting to reporters.
Rep. Tim Burchett, R-Tenn., who is not a member of the Freedom Caucus but had some concerns about the bill, told reporters when leaving the meeting, ‘I’m just waiting to see what’s going on honestly. Everybody’s just discussing what’s going on and trying to get to some [resolution].’
Burchett told reporters earlier he was leaning in favor of voting to debate the bill.
But Speaker Mike Johnson, R-La., can afford just three defections to still pass the bill along party lines.
‘We’re going to get there tonight,’ Johnson told reporters.
President Donald Trump’s Justice Department filed an emergency appeal with the Supreme Court on Wednesday, seeking to overturn lower court rulings that blocked the administration from firing three Biden-appointed regulators.
The emergency appeal asks the High Court to allow the Trump administration to fire three members of the U.S. Consumer Product Safety Commission (CPSC), a five-member independent regulatory board that sets standards and oversees safety for thousands of consumer products. The appeal comes after the Supreme Court, in May, granted a separate emergency appeal request from the Trump administration pertaining to the firing of two Biden-appointed agency officials from the National Labor Relations Board (NLRB) and the Merit Systems Protection Board (MSPB).
‘It’s outrageous that we must once again seek Supreme Court intervention because rogue leftist judges in lower courts continue to defy the high court’s clear rulings,’ said White House spokesperson Harrison Fields.
‘The Supreme Court decisively upheld the president’s constitutional authority to fire and remove executive officers exercising his power, yet this ongoing assault by activist judges undermines that victory,’ he continued. ‘President Trump remains committed to fulfilling the American people’s mandate by effectively leading the executive branch, despite these relentless obstructions.’
Mary Boyle, Alexander Hoehn-Saric and Richard Trumka Jr. were appointed to serve seven-year terms on the independent government agency by former President Joe Biden. Their positions have historically been protected from retribution, as they can only be terminated for neglect or malfeasance.
After Trump attempted to fire the three Democratic regulators, they sued, arguing the president sought to remove them without due cause. Eventually, a federal judge in Maryland agreed with them, and this week an appeals court upheld that ruling.
However, according to the emergency appeal from the Trump administration, submitted to the High Court on Wednesday morning, the three regulators in question have shown ‘hostility to the President’s agenda’ and taken actions that have ‘thrown the agency into chaos.’
The emergency appeal to the Supreme Court added that ‘none of this should be possible’ after the High Court ruled in favor of the Trump administration’s decision to fire two executive branch labor relations officials.
‘None of this should be possible after Wilcox, which squarely controls this case. Like the NLRB and MSPB in Wilcox, the CPSC exercises ‘considerable executive power,’ 145 S. Ct. at 1415—for instance, by issuing rules, adjudicating administrative proceedings, issuing subpoenas, bringing enforcement suits seeking civil penalties, and (with the concurrence of the Attorney General) even prosecuting criminal cases,’ Solicitor General John Sauer wrote in the emergency appeal to the Supreme Court.
The request, according to Politico, will go to Chief Justice John Roberts, who is in charge of emergency appeals stemming from the appeals court that upheld the previous Maryland court ruling blocking the Trump administration’s firings.
The House of Representatives has voted to advance President Donald Trump’s $3.3 trillion ‘big, beautiful bill’ to its final phase in Congress, overcoming fears of a potential Republican mutiny.
It’s a significant victory for House Speaker Mike Johnson, R-La., though the fight is not over yet.
Lawmakers voted to proceed with debate on the mammoth-sized Trump agenda bill in the early hours of Thursday – a mechanism known as a ‘rule vote’ – teeing up a final House-wide vote sometime later Thursday morning.
The House adopted the rules for debate on the measure in a dramatic 219 to 213 vote – with all but moderate Rep. Brian Fitzpatrick, R-Pa., voting to proceed.
The vote had been stalled for hours, since Wednesday afternoon, with five House Republicans poised to kill the measure before lawmakers could weigh the bill itself.
Several members of the conservative House Freedom Caucus and their allies, meanwhile, appeared ready to skip the vote altogether in protest of GOP leaders’ compromise bill.
But both Johnson and Trump spent hours negotiating with holdouts, apparently to some success.
But the process could still take hours. Democrats could still call up various procedural votes to delay the final measure, as they did when the legislation passed the House by just one vote for the first time in late May.
Plus, the bill itself could still face opposition from both moderates and conservative Republicans.
Conservative lawmakers were threatening to derail the rule vote as recently as Wednesday over changes the Senate made to the legislation, which fiscal hawks argued would add billions of dollars to the federal deficit.
But those concerns appear to have been outweighed by pressure from House GOP leaders and the president himself – who urged House Republicans to coalesce around the bill.
The Senate passed its version of the bill late on Tuesday morning, making modifications to the House’s provisions on Medicaid cost-sharing with states, some tax measures, and raising the debt ceiling.
Moderates are wary of Senate measures that would shift more Medicaid costs to states that expanded their programs under Obamacare, while conservatives have said those cuts are not enough to offset the additional spending in other parts of the bill.
Two members of the conservative House Freedom Caucus who also sit on the House Rules Committee, Reps. Ralph Norman, R-S.C., and Chip Roy, R-Texas, voted against the measure during the Rules Committee’s 12-hour hearing to consider the bill.
Johnson himself publicly urged the Senate to change as little as possible in the run-up to the vote. But the upper chamber’s bill ultimately passed by a similarly narrow margin as the House – with Vice President JD Vance casting the tie-breaking vote.
‘I’m not happy with what the Senate did to our product,’ Johnson told reporters late on Tuesday afternoon. ‘We understand this is a process that goes back and forth, and we’ll be working to get all of our members to yes.’
But Trump took to Truth Social after the Senate passed the bill to urge House Republicans to do the same.
‘It is no longer a ‘House Bill’ or a ‘Senate Bill’. It is everyone’s Bill. There is so much to be proud of, and EVERYONE got a major Policy WIN — But, the Biggest Winner of them all will be the American People, who will have Permanently Lower Taxes, Higher Wages and Take Home Pay, Secure Borders, and a Stronger and More Powerful Military,’ the president posted.
‘We can have all of this right now, but only if the House GOP UNITES, ignores its occasional ‘GRANDSTANDERS (You know who you are!), and does the right thing, which is sending this Bill to my desk. We are on schedule — Let’s keep it going, and be done before you and your family go on a July 4thvacation. The American People need and deserve it. They sent us here to, GET IT DONE.’
Both the House and Senate have been dealing with razor-thin GOP majorities of just three votes each.
The bill would permanently extend the income tax brackets lowered by Trump’s 2017 Tax Cuts and Jobs Act (TCJA), while temporarily adding new tax deductions to eliminate duties on tipped and overtime wages up to certain caps.
It also includes a new tax deduction for people aged 65 and over.
The legislation also rolls back green energy tax credits implemented under former President Joe Biden’s Inflation Reduction Act, which Trump and his allies have attacked as ‘the Green New Scam.’
The bill would also surge money toward the national defense, and to Immigrations and Customs Enforcement (ICE) in the name of Trump’s crackdown on illegal immigrants in the U.S.
The bill would also raise the debt limit by $5 trillion in order to avoid a potentially economically devastating credit default sometime this summer, if the U.S. runs out of cash to pay its obligations.
New and expanded work requirements would be implemented for Medicaid and federal food assistance, respectively.
Democrats have blasted the bill as a tax giveaway to the wealthy while cutting federal benefits for working-class Americans.
But Republicans have said their tax provisions are targeted toward the working and middle classes – citing measures eliminating taxes on tipped and overtime wages – while arguing they were reforming federal welfare programs to work better for those who truly need them.
Progressive Rep. Maxwell Frost, D-Fla., told reporters it was Democrats’ intent to delay proceedings on Wednesday for as long as possible.
‘This last go around, we were able to delay the bill upwards of 30 hours. And so we’re going to do the same thing, do everything we can from a procedural point of view to delay this,’ Frost said.
Meanwhile, there were earlier concerns about if weather delays in Washington could delay lawmakers from getting to Capitol Hill in time for the planned vote.
‘We’re monitoring the weather closely,’ Johnson told reporters. ‘There’s a lot of delays right now.’
Fox News’ Dan Scully contributed to this report.