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NorthStar Gaming Holdings Inc. (TSXV: BET,OTC:NSBBF) (OTCQB: NSBBF) (‘NorthStar’ or the ‘Company’) today announced that its Board of Directors approved the grant of equity incentive awards pursuant to the Company’s Equity Incentive Plan (the ‘Plan’).

The Company has granted an aggregate of 5,078,913 deferred share units (‘DSUs’) pursuant to the Plan to non-executive directors of the Company in lieu of cash compensation for their services rendered in 2024. Satisfying the compensation in share-based compensation is part of the Company’s ongoing efforts to reduce costs. The DSUs vest immediately and may only be redeemed upon a holder ceasing to be a director of the Company.

The grant of DSUs is subject to the approval of the TSX Venture Exchange.

About NorthStar

NorthStar proudly owns and operates NorthStar Bets, a Canadian-born casino and sportsbook platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, NorthStar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Our sportsbook stands out with its exclusive Sports Insights feature, seamlessly integrating betting guidance, stats, and scores, all tailored to meet the expectations of a premium audience.

As a Canadian company, NorthStar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. NorthStar is committed to operating at the highest level of responsible gaming standards.

NorthStar is listed in Canada on the TSXV under the symbol BET and in the United States on the OTCQB under the symbol NSBBF. For more information on the company, please visit: www.northstargaming.ca.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Note Regarding Forward-Looking Information and Statements

This communication contains ‘forward-looking information’ within the meaning of applicable securities laws in Canada (‘forward-looking statements’), including without limitation, statements with respect to the following: expected performance of the Company’s business, and the timing of the release of the Company’s financial results. The foregoing is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and allowing investors and others to get a better understanding of the Company’s anticipated financial position, results of operations, and operating environment. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘continues’, ‘forecasts’, ‘projects’, ‘predicts’, ‘intends’, ‘anticipates’ or ‘believes’, or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘should’, ‘might’ or ‘will’ be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. This forward-looking information is based on management’s opinions, estimates and assumptions that, while considered by NorthStar to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward- looking information. Such factors include, among others, the following: risks related to the Company’s business and financial position; risks associated with general economic conditions; adverse industry risks; future legislative and regulatory developments; the ability of the Company to implement its business strategies; and those factors discussed in greater detail under the ‘Risk Factors’ section of the Company’s most recent annual information form, which is available under NorthStar’s profile on SEDAR+ at www.sedarplus.com. Many of these risks are beyond the Company’s control.

If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents NorthStar’s expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

For further information:

Company Contact:
Corey Goodman
Chief Development Officer 647-530-2387
investorrelations@northstargaming.ca

Investor Relations:
RB Milestone Group LLC (RBMG)
Northstar@rbmilestone.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258672

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

FBI Deputy Director Dan Bongino was outraged this week during a closed-door White House meeting about the Department of Justice’s review of Jeffrey Epstein’s sex trafficking case files, according to multiple sources.

Bongino raised his voice during a discussion with White House chief of staff Susie Wiles before storming out of the meeting, according to two sources close to DOJ leadership. Bongino also exchanged heated words with Attorney General Pam Bondi during the meeting, and the whole ordeal has led him to consider resigning from the FBI, another source said.

Another person with knowledge of the meeting disputed the characterization that Bongino yelled at Wiles or Bondi during the sitdown.

However, that person agreed that Bongino was ‘enraged.’ The source said the deputy director was angry about the Epstein memo rollout and what he viewed as Bondi’s ‘lack of transparency from the start.’ The memo, a joint product of the DOJ and FBI, said the two agencies had no further information to share with the public about Epstein’s case, a revelation that sparked fury among the MAGA base. The memo first appeared in Axios over the weekend, and then the DOJ and FBI published it Monday.

Asked about the claim that Bongino yelled at Wiles, a White House official said it was ‘100% false.’ Wiles is a veteran of Florida politics who led Trump’s campaign, and the president has described her as ‘universally admired.’

The fracture in DOJ and FBI leadership spilled into the public on Friday amid fallout from the memo.

The memo stated that the DOJ and FBI concluded their review of Epstein’s files and did not find any information that could lead to charges against anyone new.

Despite Bongino reportedly now breaking with leadership over the memo and weighing resignation, people familiar with the matter said as of Friday that FBI Director Kash Patel and Bondi remained in communication and that Patel is happy with his job.

A DOJ spokesman and an FBI spokesman did not respond to requests for comment.

Bongino, a former Secret Service agent with no prior FBI experience, hosted a popular podcast before Trump tapped him to serve in the No. 2 role at the bureau. On his show, Bongino repeatedly raised alarm over Epstein’s ‘client list,’ saying ‘there’s a reason they’re hiding it’ and that its release would ‘rock the political world.’

But in the memo released on Monday, the FBI and DOJ said they uncovered no such list.

Bongino, Bondi and Patel are all facing blowback over the Epstein files from a faction of their supporters, who say they reneged on repeated vows to open the curtain on details of Epstein’s case.

Epstein, a financier who was known to engage with wealthy, well-known figures, was indicted in 2019 over allegations he recruited dozens of women, including minors as young as 14, and had sexual relations with them or sexually abused them. His associate Ghislaine Maxwell was convicted of conspiring to sexually abuse minors and is serving a 20-year prison sentence. She has an appeal pending.

The DOJ and FBI said in their memo that much of the nonpublic information related to Epstein’s case is under court-ordered seals or contains child pornography and private information about victims.

Before joining the bureau, Patel and Bongino both advanced theories that the government was hiding information about the case, including a supposed ‘list’ of unindicted sexual predators.

The DOJ and FBI’s memo poured cold water on that idea by noting that the agencies found ‘no incriminating ‘client list.”

Deputy Attorney General Todd Blanche said in a statement on X that DOJ and FBI leadership, including Bongino, were in lockstep during the compilation and release of the memo. The idea that ‘there was any daylight’ between the FBI and DOJ was ‘patently false,’ Blanche said.

Bongino was not at work on Friday because he was so upset by the fallout from the Epstein memo, sources said. One said Bongino had not anticipated the backlash from his supporters.

Fox News’ David Spunt and Jake Gibson contributed to this report.

This post appeared first on FOX NEWS

While the 2024 assassination attempt against President Donald Trump in Butler, Pennsylvania, has resulted in a host of changes to bolster the Secret Service’s security practices, the agency has its work cut out for it in an era of unprecedented threats against the president, according to former Secret Service agents. 

Trump faces a plethora of threats, ranging from violent extremists backed by proxy groups, to domestic actors inspired to incite violence amid heightened political rhetoric, according to experts.

‘No U.S. president has been under so much threat of violence,’ Bill Gage, who served as a Secret Service special agent during Presidents George W. Bush and Barack Obama’s administrations, told Fox News Digital Wednesday. ‘The threat on President Trump is the greatest that any president has ever faced.’

Twenty-year-old gunman Thomas Matthew Crooks opened fire on Trump from a rooftop during the rally — with one of the eight bullets shot grazing Trump’s ear. In addition to injuring two people, the gunman also shot and killed Corey Comperatore, a 50-year-old firefighter, father and husband attending the rally. 

Months later, another man was apprehended and charged with attempting to assassinate Trump at his Trump International Golf Club in West Palm Beach, Florida. Both incidents are under investigation. 

Political rhetoric from the left that paints Trump as a threat to democracy is dangerous and could provide fodder for political radicals to believe assassinating the president is the way to save the country — potentially leading to a similar assassination attempt seen in Pennsylvania, Gage said.

Other factors contributing to the heightened threat levels include policies related to immigration or funding cuts from the newly created Department of Government Efficiency (DOGE) that are unpopular with the left, as well as hostile proxy groups who are backed by actors like Iran who oppose Trump, Gage said. 

‘That increases the threat level on Trump,’ Gage said. ‘There’s probably dozens and dozens of threats every day, just sort of insider threats, or threats within our own borders that the Secret Service has to run down.’ 

Specifically, Gage pointed to comments from leaders like Democratic California Gov. Gavin Newsom, who delivered an address to the nation in June where he claimed ‘democracy is under assault,’ following the Trump administration’s decision to dispatch thousands of National Guard troops and hundreds of Marines to respond to the immigration riots in the Golden State and place them under federal command, rather than state command. 

‘Right now there is someone out there reading Newsom’s quotes, someone who wishes President Trump harm,’ Gage said in an email in June to Fox News Digital. ‘It is up to the USSS to stop them. Hopefully those wishing the President harm will not slip through the cracks.’

A spokesperson for Newsom did not immediately respond to a request for comment from Fox News Digital. 

Trump isn’t the only subject that’s a potential target for politically motivated violence. 

Attacks against federal immigration officials are on the rise and a gunman opened fire against Border Patrol agents Monday at an annex in McAllen, Texas. Authorities have yet to identify a motive. 

However, lawmakers have not minced their words on Trump’s immigration agenda. In June, Rep. Pramila Jayapal, D-Wash., accused ICE of acting ‘like a terrorist force’ — comments she has since defended. 

Rep. Michael Guest, R-Miss., who oversees the House Homeland Security committee’s subcommittee on border security and enforcement, said in a Wednesday statement to Fox News Digital that ‘radical anti-law enforcement rhetoric’ has prompted the surge in violence against federal immigration officials.  

Meanwhile, threats continue to change, creating additional challenges for security forces like the Secret Service as they adapt. 

Although the Secret Service is taking action to enhance its security measures, the agency still faces ‘considerable vulnerabilities given the rising complexity and sophistication of the threats it faces,’ Tim Miller, who served as a Secret Service agent during Presidents George H.W. Bush and Bill Clinton’s administrations, said in an email Wednesday to Fox News Digital.

‘The FBI has consistently warned about homegrown violent extremists, which remains a major concern,’ Miller said. 

While Miller characterized Butler as a ‘wake-up’ call for the Secret Service and said the incident is sharpening the agency’s ability to handle threats, there is still a lot of work that must be done, he said. 

‘The Secret Service is also still playing catch-up when it comes to adopting critical technology — especially in the areas of secure communications, drone surveillance, and real-time intelligence tools,’ Miller said. ‘These are not luxuries; they are vital to modern protective operations.’

A bipartisan House task force that investigated the attack found that the attempted assassination was ‘preventable,’ and determined various mistakes were not an isolated incident. 

At the top of the list of mistakes, the report identified that the Secret Service did not secure a ‘high-risk area’ next to the rally, the American Glass Research (AGR) grounds and building complex. Failure to secure this area ‘eventually allowed Crooks to evade law enforcement, climb on and traverse the roof of the AGR complex, and open fire.’ 

Other faults the task force found included handing over advance planning roles to inexperienced Secret Service personnel, along with various technology and communication breakdowns. 

‘Moreover, relevant threat information known by members of the intelligence community was not escalated to key personnel working the rally,’ the House task force said in its report. 

As a result, the agency has spearheaded a series of reforms. 

According to former Secret Service acting director Ronald Rowe, immediate changes to the agency following Butler, Pennsylvania, included expanding the use of drones for surveillance purposes, and also incorporating greater counter-drone technology to mitigate kinetic attacks from other drones. 

The agency also overhauled its radio communications networks and interoperability of those networks with Secret Service personnel, and state and local law enforcement officers, Rowe told lawmakers on a bipartisan House task force investigating the assassination attempt in December 2024.  Updates to these radio communications are a significant change, according to Gage, who noted that he could carry up to five radios at a time because an integrated system didn’t exist.

Rowe also told lawmakers that the Secret Service was aiming to up its staffing in the next year, and had placed more special agents in Trump’s security detail. Some of the additional $231 million in funding that Congress approved for the Secret Service in a stopgap spending bill in September 2024 to hire 1,000 new agents and officers in 2025 would go toward these increased hiring plans, Rowe said. 

A few other changes are in the pipeline, including possibly building a precise replica of the White House. Historically, agents have trained using Tyler Perry’s White House replica at his Atlanta film studio. 

Secret Service director Sean Curran said in an interview on Fox News’ ‘My View with Lara Trump’ in April that the agency is working with the White House to install such a building at the James J. Rowley Training Center, a 500-acre center in Laurel, Maryland. 

‘In order for our officers and agents to train up properly, they have to see what it’s like to be at the White House,’ Curran said. ‘It’s an important complex to know. There’s a lot of ins and outs, and something as simple as the local fire department showing up to help with a fire, and they need to know where they are going.’ 

Altogether, Congressional oversight bodies issued nearly 50 recommendations to the Secret Service following the assassination attempt, including ones related to better radio communications and planning for events. The agency reported Thursday that it has executed 21 of those recommendations, and is in the process of implementing 16 others. 

‘The reforms made over this last year are just the beginning, and the agency will continue to assess its operations, review recommendations and make additional changes as needed,’ the Secret Service said in a news release Thursday.

This post appeared first on FOX NEWS

President Donald Trump on Saturday defended Attorney General Pam Bondi as doing a ‘fantastic job’ after she came under fire from some Trump supporters over the Department of Justice’s handling of the Jeffrey Epstein files. 

‘What’s going on with my ‘boys’ and, in some cases, ‘gals?’ They’re all going after Attorney General Pam Bondi, who is doing a fantastic job,’ Trump wrote in a lengthy post on Truth Social on Saturday. ‘We’re on one team, MAGA, and I don’t like what’s happening.’ 

He continued to question why people were ‘giving publicity to Files written by Obama, Crooked Hillary, Comey, Brennan, and the Losers and Criminals of the Biden administration.’  

‘LET PAM BONDI DO HER JOB — SHE’S GREAT! The 2020 Election was Rigged and Stolen, and they tried to do the same thing in 2024 — That’s what she is looking into as AG, and much more. One year ago our Country was DEAD, now it’s the ‘HOTTEST’ Country anywhere in the World. Let’s keep it that way, and not waste Time and Energy on Jeffrey Epstein, somebody that nobody cares about.’

This post appeared first on FOX NEWS

U.S. Attorney General Pam Bondi announced Saturday that charges against a doctor accused of destroying COVID-19 vaccines and giving children fake shots at their parents’ request have been dropped. 

‘At my direction @TheJusticeDept has dismissed charges against Dr. Kirk Moore,’ Bondi wrote on X. ‘Dr. Moore gave his patients a choice when the federal government refused to do so. He did not deserve the years in prison he was facing. It ends today.’ 

Moore, whose trial got underway Monday, was facing decades in prison for allegedly destroying more than $28,000 in COVID-19 vaccines and fraudulently completing and distributing hundreds of vaccination record cards. 

The Utah-based plastic surgeon was indicted by a federal grand jury in January 2023. 

Prosecutors say Moore and his three co-defendants ran a scheme out of Plastic Surgery Institute of Utah Inc. to ‘defraud the United States and the Centers for Disease Control and Prevention (CDC).’ 

On Tuesday, Rep. Marjorie Taylor Greene, R-Ga., said she was writing a letter to the Justice Department to urge it to drop charges against Moore. 

‘This man is a hero, not a criminal,’ she contended on X. ‘The charges were filed under Biden’s DOJ, not Trump.’

Health Secretary Robert F. Kennedy Jr. also praised Moore on X in April, writing, ‘Dr. Moore deserves a medal for his courage and his commitment to healing!’

Greene thanked Bondi on Saturday. 

‘Thank you AG Pam Bondi for dropping the WRONGFUL charges against Dr. Kirk Moore!’ she wrote on X. ‘We can never again allow our government to turn tyrannical under our watch. Thankfully, as soon as I told Pam Bondi about Dr. Moore’s case she swiftly moved to drop the charges against him. This is a big win!’

Bondi wrote that getting the charges against Moore dropped would not have been possible without Greene, ‘who brought this case to my attention. She has been a warrior for Dr. Moore and for ending the weaponization of government.’

Bondi’s actions come as some supporters of President Trump are calling for her resignation after the Justice Department and FBI on Sunday released a joint review that ended theories about an alleged Jeffrey Epstein client list, concluding there was no such list detailing the names of the world’s elite who allegedly took part in Epstein’s history as a sexual predator.

The DOJ also concluded the disgraced financier committed suicide in his New York City jail cell in 2019 while awaiting further sex trafficking charges. 

Public outrage ensued after the release of a prison surveillance video that the administration used to prove that no one entered Epstein’s cell in the hours leading up to his death.

The 10-hour video, though, has one minute missing, which has fueled conspiracy theories that the administration is participating in a cover-up involving Epstein’s death.

‘President Trump is proud of Attorney General Bondi’s efforts to execute his Make America Safe Again agenda, restore the integrity of the Department of Justice, and bring justice to victims of crime. The continued fixation on sowing division in President Trump’s Cabinet is baseless and unfounded in reality,’ White House press secretary Karoline Leavitt siad.

FBI Deputy Director Dan Bongino is also considering resigning over the Justice Department’s handling of the Epstein files after a heated argument with Bondi this week, a source told Fox News Digital this week.

Bongino has not been seen in his office since Wednesday, a source said, adding he has yet to make a final decision about his future. 

Fox News’ Amanda Macias, David Spunt and Jake Gibson contributed to this report. 

This post appeared first on FOX NEWS

FBI Director Kash Patel on Saturday squashed rumors of a rift inside the Trump administration’s law-and-order team, just hours before the president himself defended Attorney General Pam Bondi amid Jeffrey Epstein probe backlash.

The criticism came after the FBI and Department of Justice on Sunday released a memo shutting down theories about an alleged Epstein client list, finding a tell-all document exposing his associates did not exist. Fueling the fire was a one-minute gap in a surveillance video from Epstein’s cell, which was part of the evidence the DOJ released. The review found the disgraced financier died by suicide in jail in 2019.

Fox News reported Friday that Patel’s No. 2, Deputy Director Dan Bongino, was considering resigning if Bondi stayed on as head of the Department of Justice, which oversees the FBI. There were unconfirmed reports that Patel might step down as well, but he shot that down with a social media post Saturday, saying ‘conspiracy theories’ about a potential resignation over Bondi’s handling of the Jeffrey Epstein files ‘just aren’t true.’

‘The conspiracy theories just aren’t true, never have been,’ Patel wrote. ‘It’s an honor to serve the President of the United States @realDonaldTrump — and I’ll continue to do so for as long as he calls on me.’

Hours after Patel’s post, President Donald Trump took to Truth Social to express unhappiness with his follower’s reaction.

Trump supporters posted videos to social media Saturday afternoon charring MAGA hats in protest.

‘What’s going on with my ‘boys’ and, in some cases, ‘gals?’ They’re all going after Attorney General Pam Bondi, who is doing a FANTASTIC JOB,’ Trump wrote. ‘We’re on one Team, MAGA, and I don’t like what’s happening.’ 

He went on to describe Epstein as a ‘guy who never dies’ and shifted blame to former President Barack Obama, former Secretary of State Hillary Clinton, former FBI Director James Comey, former CIA director John Brennan, and the Biden administration.

‘They created the Epstein Files, just like they created the FAKE Hillary Clinton/Christopher Steele Dossier that they used on me, and now my so-called ‘friends’ are playing right into their hands,’ Trump wrote. ‘Why didn’t these Radical Left Lunatics release the Epstein Files? If there was ANYTHING in there that could have hurt the MAGA Movement, why didn’t they use it?’

The president claimed that one year ago, the country was ‘DEAD,’ but is now ‘the ‘HOTTEST’ Country anywhere in the World. 

‘Let’s keep it that way, and not waste Time and Energy on Jeffrey Epstein, somebody that nobody cares about,’ Trump wrote.

Rumors about a change in leadership were triggered by Patel’s apparent X biography change, where his title as FBI Director was removed to only read, ‘Fmr Chief of Staff @DeptofDefense.’

Multiple sources told Fox News Digital Bongino and Bondi butted heads at a White House meeting Wednesday, with Bongino accusing Bondi of a ‘lack of transparency from the start’ in the Epstein files probe. 

The former Secret Service agent-turned FBI official allegedly raised his voice at Trump’s White House chief of staff before storming out, and has since been weighing resignation over the episode, insiders said. 

Bondi and Patel, however, have presented a united front. Sources close to Bondi claim she has ‘no intention of stepping down’ and the pair are in constant communication.

‘Any attempt to sow division within this team is baseless and distracts from the real progress being made,’ White House Deputy Press Secretary Harrison Fields told Fox News Digital, emphasizing that Trump’s law-and-order lineup is working ‘seamlessly and with unity.’

‘President Trump has assembled a highly qualified and experienced law and order team dedicated to protecting Americans, holding criminals accountable, and delivering justice to victims,’ Fields added. ‘This work is being carried out seamlessly and with unity. Any attempt to sow division within this team is baseless and distracts from the real progress being made in restoring public safety and pursuing justice for all.’

The FBI did not immediately respond to Fox News Digital’s request for comment.

Fox News’ David Spunt, Amanda Macias, Jake Gibson, Ashley Oliver and Brie Stimson contributed to this report.

This post appeared first on FOX NEWS

If you’re serious about trading or investing, establishing a weekly market routine is a must. But where do you begin?  

In this eye-opening video, Grayson Roze, Chief Strategist at StockCharts, shares the method he uses every week to stay aligned with the market’s biggest drivers — the top 25 stocks by market cap

Learn how to build a customized ChartList of these stocks, sort the stocks by market cap, and different ways to review them to spot long-term trends or reversals.

Whether you’re new to charting or a seasoned technician, this routine could transform how you view the market. 

This video originally premiered on July 11, 2025. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.

Up to this point, the S&P 500 ($SPX) has now stayed above the 6,200-mark for eight straight days. The upside follow-through has been limited, but the drawdown has also been shallow. The onus continues to be on the bears to do something with the stretched state. We discuss this in terms of the CappThesis Market Strength Indicator below.

What Is the Market Strength Indicator (MSI)?

When the market makes strong moves, like they have recently, I like to review our Market Strength Indicator (MSI).  This isn’t some secret, proprietary formula. It’s a simple blend of trend, oscillator indicators, and patterns, factors that we base our market stance upon.

And surprise, surprise, the MSI is as bullish as can be with the SPX at new highs and up 30% in three months.

  1. The S&P 500 is trading above each moving average, and each moving average is sloping higher.
  2. The 14-day Relative Strength Index (RSI) and Williams %R are both overbought. We use both of these since it takes a considerable up move to get the RSI to overbought territory. And while the Williams %R swings to extremes much more easily, it can only stay overbought if the market continues to tick higher with minimal drawdowns. Clearly, all of this has been happening.
  3. And, of course, two big pattern breakouts remain in play. Two weeks ago, the MSI was even more extreme when we had four patterns in play at the same time.

Here are each of those indicators together on one chart. (We don’t show the patterns here since it would be way too much to display all at once – and that would be an offensive chart crime.)

The clear next question:

Now what?

Market Strength Indicator Now vs. April 7, 2025

First, the obvious. The MSI was completely depressed on April 7 after two months of intense selling and extreme volatility.

Interestingly, though, after that last massive downside gap on April 7, the final bearish pattern target was hit. That set the stage for a bottoming process to potentially begin.

With the pendulum now having completely swung from historically oversold to now extended, does a very bullish MSI suggest the upswing is unsustainable?  

Bulls and bears agree on one thing these days: The pace of the last three months can’t continue, and at any time, a pullback greater than the 3.5% drop from mid-May is going to happen. It’s just a matter of when. 

Now let’s look at the recent times when the MSI got to extreme levels like now.

Market Strength Indicator Now vs. 2023–24

The results are crystal clear. “Extreme” MSI readings are the result of strong technicals, which occur in uptrends. And uptrends tend to last longer than many think is possible or probable.

From this perspective, only once did a correction begin right after a high MSI reading – in July’24. At the time, though, only one bullish pattern was in play (the one with the long-term 6,100 target that was triggered way back in Jan’24). 

Now, of course, we have two live bullish formations, and for the uptrend to persist without a major market disturbance, we’ll need to see the next bout of profit-taking morph into the next set of short-term bullish formations.

Live Patterns

Our two live patterns remain – targets of 6,555 and 6,745, which could be with us for a while going forward. For those to eventually be achieved, though, new, smaller versions will need to be constructed.

Live Patterns

Our two live patterns remain – targets of 6,555 and 6,745, which could be with us for a while going forward. For those to eventually be achieved, though, new, smaller versions will need to be constructed.

Is the market flashing early signs of a shift?

In this week’s video, Mary Ellen McGonagle breaks down the subtle but telling moves happening under the surface. From strength in semiconductors, home builders, and energy to surging momentum in Bitcoin and silver, Mary Ellen highlights the sectors gaining traction and the technical setups traders should have on their radar.

She also spots stocks breaking above key moving averages, potential reversal patterns, and discusses actionable insights heading into earnings season.

If you’re looking for timely trade ideas and a roadmap to where money is flowing next, don’t miss this breakdown.

This video premiered on July 11, 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.

As we navigate the evolving stock market landscape, understanding key sectors and their trends is important, especially during earnings season. This week, the spotlight shines on the Financial sector, with several of the largest banks reporting. Five of the top 10 holdings within the Financial Select Sector SPDR ETF (XLF) are on deck: J.P. Morgan (JPM), Goldman Sachs (GS), Bank of America (BAC), Wells Fargo (WFC), and Morgan Stanley (MS). 

This week we will focus on the Financial sector via XLF and zoom in on one of its top components, Goldman Sachs.

The Financial Sector: A Technical Look at XLF

XLF has been outperforming the S&P 500 ($SPX), experiencing new all-time highs, and has been a leading sector in the most recent market rebound.

Now that all banks that were susceptible to the Fed’s stress test have passed with flying colors, questions loom about whether less stringent regulations will lead to more growth. The sector has not experienced much M&A activity, and the IPO market has yet to come back to a healthy level of activity. However, there is hope that a banking renaissance is on the horizon, and maybe this quarter will give a rosier outlook than more recent forecasts.

Technically, XLF looks promising. Shares broke out to new all-time highs ahead of earnings and are now set up with good risk/reward potential for investors. 

The pattern from which it broke out is a bit of a wonky head-and-shoulders pattern. I’d call this a stretch as it isn’t picture perfect, but the price image presented is close enough to set parameters to trade. 

The breakout on a gap to new highs is extremely bullish, and that gap level could be used as a stop-loss to the downside, worst case should be the rising 50-day moving average. Buyers should come back into the sector there on a dip.

Goldman Sachs (GS): A Bellwether

Goldman Sachs, the largest component in the price-weighted Dow Jones Industrial Average, reports results on Wednesday morning just days after hitting all-time highs. Investors will be looking for any commentary focused on tariffs and margins. 

Has there been any impact on their results, or have concerns about inflation been overblown? Any earnings pressure on their bottom line could cause ripple effects throughout other sectors like industrials, materials, and technology. 

Shares declined 33% then rallied 65% from their April 7 lows. Shares may need a breather as they are overbought, but that’s where opportunity may lie. Wouldn’t chase it just yet. I would own for the long term, but price action could be very interesting when they report next week. 

One bold prediction — look for a possible stock split announcement. Since their debut in 1999, shares have never split. Seeing the recent price surge and its size in the Dow, that option should be on the table. 

Technically, shares have been on a tremendous run as they’ve rallied 65% from their April 7 lows. Shares may need a breather as they are overbought, but that may be where the opportunity lies when they report next week. 

The stock has rallied with a series of gaps along the way. Those gaps tell a story, and it’s worth watching the most recent gap from $690 to $700. Each jump higher has not experienced a full retracement — a gap fill, if you will.

The gaps higher have been very bullish. The first large gap — a breakaway gap — started the main part of this rally. We have seen a series of smaller gaps that helped extend the rally. Now, we may be tiring. Watch the $690 level to see if that gap can hold. If it can’t, then there may be more selling pressure over the near term. 

A healthy pullback given the strong bull run is likely, but buyable. A break below $690 could see a swift move lower to the $665 level. If things turn negative, then the rising 50-day moving average, which coincides with a key Fibonacci retracement level just below $620 would be an ideal entry point from a risk/reward perspective. 

The good news is that any weakness in the stock looks like it should be met with great opportunities to enter the name. The long-term trend is up, and the momentum is there not only in the stock but within the sector. The long-term trader shouldn’t fret earnings; the swing trader may get an opportunity to buy a dip from an overbought condition. The bad news would be that the stock gaps higher again and continues its upward trajectory. 

Beyond Financials: Johnson & Johnson (JNJ)

While financials take center stage, we want to touch upon another significant company reporting this week: Johnson & Johnson (JNJ).

JNJ shares have remained relatively flat for the better part of five years. Much of the earnings focus will be on plans to navigate patent expirations. 

Merck acquired Verona last week. The patent cliff will continue to be a hot topic for the entire pharma industry. As for JNJ, it’s confronting the expiration of exclusivity on Stelara, its $10B+ immunology blockbuster drug. The exclusivity expires first in Europe this year and then in the U.S. in 2026.

As for reaction to earnings, don’t expect too much activity. The average move post-results has been +/- 2.05%. Shares have traded lower after five of the last seven times. Shares of the Dow stock are up 8% year-to-date and -9% off their highs.

Technically, there isn’t much to see here. We backed it out to look at price in a five-year weekly range to illustrate that point.

Shares have been in a wide range between roughly $138 to $168 over this lengthy span. Yes, I yawned when I typed this out — it’s that boring. We don’t expect much to change, but there are small setups for a shorter-term swing trader.

The stock, while breaking above the midpoint of this longer-term range, is forming a bullish ascending triangle and has, albeit tight, risk/reward parameters for those looking to trade. 

To the downside, look for the continued near-term uptrend to hold and find support right at the 200-day moving average just below $153. A good entry point in which one could manage risk. 

To the upside, a break above $158 could take shares to their recent highs and slowly and steadily towards the $168 level. The set-up is far from ideal when looking at the longer-term action, but near term, there could be a quick play and maybe, just maybe, shares can finally escape the longer-term neutral range.