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During a celebratory dinner at the White House with a number of Donald Trump’s GOP allies, including several Republican lawmakers from Congress, the president signaled that 10 more hostages in Gaza would be ‘coming very shortly.’

The dinner was largely focused on touting the achievements Republicans have had over the last six months, but while praising his administration’s work on foreign policy, Trump commented about the hostages. 

‘Gaza – we got most of the hostages back,’ Trump said when his comments turned to the Middle East. ‘We’re going to have another ten coming very shortly. And we hope to have that finished pretty quickly,’ the president added.

So far, the U.S. has brought home five total American hostages captured by Hamas, three of whom were alive, two of whom were dead. Two Americans reportedly still remain in captivity, in addition to dozens of other non-Americans.

The rest of Trump’s address Friday night mostly included praise for Congressional Republicans over their work passing the One Big Beautiful Bill Act, with the president stating he doesn’t ‘think anybody’s ever come close to’ passing such sweeping legislation with such a small majority. 

In particular, Trump thanked by name Senate Majority Leader John Thune, Speaker of the House Mike Johnson, Senate Majority Whip John Barrasso, Republican Policy Committee Chair Shelly Moore-Capito, Senate Finance Committee Chairman Mike Crapo, and Senate Budget Committee Chairman Lindsey Graham.

‘Nobody’s done so much, so fast. And probably you could say, with so few votes,’ Trump praised. ‘You stayed in session for a marathon ten consecutive weeks, and that’s the longest of any Senate in 15 years. And you held over 400 votes, more than any Senate in 35 years. And they were successful votes. And just a few weeks ago, we had the biggest victory of them all. When you passed the one big beautiful bill.’ 

The president also lauded Republicans for all the work they have done on immigration, border security, foreign diplomacy, speedy cabinet nominations, deregulation and spending cut efforts, calling out Secretary of State Marco Rubio and Special Envoy Steve Witkoff specifically for their work on U.S. foreign diplomacy.

Top of mind Friday night was the GOP recission package as well, which Trump praised the passage of. Trump did not indicate when he would sign the GOP bill, but did note that ‘we have numerous other recissions coming up, adding more, many more $10 billion dollars to it.’

Meanwhile, Trump also predicted that, in 2026, the GOP majority ‘is going to be stronger in both the House and the Senate.’ Typically, conventional wisdom predicts that the party that won the presidency will not typically perform as well two years later during the midterm elections. 

‘I don’t understand why they say that when you win the presidency, you always almost automatically lose the midterms, because nobody’s had a more successful period of time than we have,’ Trump told the crowd of attendees at the White House Friday evening. ‘Based on that, we should do great.’

Trump added Friday that ‘We achieved more in six months than almost any administration could accomplish in eight years.’

‘And we’re going to have a lot of good six months left. We’re going to have a six and another six and another six. So we’ll keep going,’ he continued. ‘Over the next year and a half, we’ll have an incredible record to share with the American people,’ he continued. ‘As long as we continue to keep our promises to the voters, Americans will continue to stand by our side.’

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Statistics Canada released June’s consumer price index (CPI) data on Tuesday (July 15). The report showed that year-over-year inflation gained momentum during the month, rising to 1.9 percent from the 1.7 percent recorded in May.

The increase was attributed in part to the 13.4 percent year-over-year decline in gas prices seen in June, as it was a smaller drop than May’s 15.5 percent decrease caused by the removal of the consumer carbon tax.

Other factors contributing to the rise included a 2.7 percent increase in durable goods, with passenger vehicles posting the largest gains at 4.1 percent. Grocery prices also increased 2.8 percent, although they eased off from a 3.3 percent increase in May.

While economists had predicted a larger 2 percent rise in CPI, the figures still make it unlikely that the Bank of Canada will cut its benchmark rate at its next meeting on July 30. Canada’s central bank has cut its interest rates seven times since June 2024, lowering it from 5 percent to 2.75 percent in March.

South of the border, the US Bureau of Labor Statistics also released its June CPI data the same day, reporting year-over-year growth of 2.7 percent, sharply up from the 2.4 percent gain posted in May. On a monthly basis, CPI rose 0.3 percent, also higher than May’s 0.1 percent.

Analysts have attributed the gain to an increase in prices resulting from US President Donald Trump’s tariff policy, as vendors restocked shelves with inventories purchased after tariffs were applied.

Goods and services increased across the board, except for new and used vehicles, which declined by 0.3 percent and 0.7 percent on a monthly basis. Energy rose 0.9 percent, including a 1 percent increase in gasoline prices, a reversal from May’s energy and gas price decreases of 1 percent and 2.6 percent respectively.

The data will likely play a role in what the US Federal Reserve decides during its next rate meeting on July 29 and 30. Economist consensus is that the central bank will continue to hold at the current 4.25 to 4.5 percent range.

Markets and commodities react

In Canada, equity markets were mostly positive this week. The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 1 percent to close at 27,314.01 on Friday (July 18) and set a new all-time high during the week. The S&P/TSX Venture Composite Index (INDEXTSI:JX) fared even better this week, gaining 2.53 percent to 797.75. However, the CSE Composite Index (CSE:CSECOMP) fell 2.6 percent to 126.84.

As for US equity markets, the S&P 500 (INDEXSP:INX) gained 0.66 percent to close Friday at 6,296.78 and the Nasdaq 100 (INDEXNASDAQ:NDX) climbed 1.35 percent to 23,065.47, with both also setting new record highs during the week. On the other hand, the Dow Jones Industrial Average (INDEXDJX:.DJI) fell 0.1 percent to 44,342.20.

In precious metals, the gold price rose 0.78 percent over the week to US$3,349.66 by Friday at 5 p.m. EDT. Meanwhile, the silver price continued to trade near 11-year highs, climbing 3.13 percent on the week to US$38.15 per ounce.

In base metals, copper ended the week were it started out, but was still trading near all time highs at US$5.60 per pound. The S&P GSCI (INDEXSP:SPGSCI) posted a 1.26 percent gain to finish the week at 551.61.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stock data for this article was retrieved at 4 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Altima Energy (TSXV:ARH)

Weekly gain: 97.96 percent
Market cap: C$43.99 million
Share price: C$0.97

Altima Energy is a light oil and natural gas exploration and development company with operations in Alberta, Canada.

Its primary asset is the Richdale property in Central Alberta. The property consists of five producing light oil wells and sits on 5,920 acres of long-term reserves. The property hosts combined proved and probable reserves of just under 2 billion barrels of oil equivalent, with a pre-tax net present value of C$25.8 million.

The company also owns two wells at its Twinning light oil site near Nisku, seven producing wells at its Red Earth property in Northern Alberta and two multi-zone wells at its Chambers Ferrier liquid gas production property.

Shares in Altima started to gain after it released news on July 8 that it had completed a private placement for proceeds of up to C$5.5 million. Under the terms of the deal, the company will issue 20 million units at C$0.275 per unit, which each include one common share and one warrant allowing the holder to purchase a common share for C$0.40.

The company said that part of the proceeds would be used to complete field upgrades at its Red Earth and Richdale properties.

2. Kirkland Lake Discoveries (TSXV:KLDC)

Weekly gain: 81.82 percent
Market cap: C$11.26 million
Share price: C$0.10

Kirkland Lake Discoveries is a gold and copper exploration company focused on projects in its district-scale land package located in the Kirkland Lake area of Ontario, Canada.

Its holdings span an area of approximately 38,000 hectares in the Abitibi Greenstone Belt that has been host to past-producing gold and copper mines. It is broadly divided into KL West and KL East, which contain the Goodfish-Kirana and Lucky Strike gold projects, respectively, among others.

On April 29, the company announced it entered into a mining option agreement with Val-d’Or Mining (TSXV:VZZ) to acquire a 100 percent interest in the Winnie Lake and Amikougami properties, as well as mining claim purchase agreements with two vendors to acquire further claims around the Winnie Lake Pluton. The properties expand KL West’s southern portion.

Following the agreement, the company conducted grab samples at the Winnie Lake property and reported the results on July 9. One grab sample collected near the historic Winnie Shaft zone yielded grades of 1.6 grams per metric ton (g/t) gold, 28.2 g/t silver, 5.7 percent copper, 5.3 percent zinc and 1.65 g/t tellurium.

The company also discovered a quartz-veined intrusive outcrop 150 meters west of the shaft during field prospecting, with samples displaying characteristics of magmatic-hydrothermal copper-gold systems, including visible malachite and strong potassic alteration.

Additionally, Kirkland Lake reported it has received full drill permits for Winnie Lake and plans to initiate activities at the site this summer, focusing on the newly defined zones.

3. Happy Creek Minerals (TSXV:HPY)

Weekly gain: 70 percent
Market cap: C$10.33 million
Share price: C$0.085

Happy Creek Minerals is an exploration company focused on advancing a portfolio of assets in British Columbia, Canada.

Its primary focus has been on its Fox tungsten property located in the South Caribou region of the province. It comprises 135.9 square kilometers of mineral tenure and hosts deposits containing tungsten, molybdenum, zinc, indium, gold and silver. In total, 21,125 meters of exploration drilling have been carried out at the site, primarily in shallow holes, for resource definition.

Happy Creek’s share price began climbing Tuesday after the company announced a non-brokered private placement to raise gross proceeds of up to C$3.25 million in flow-through units at C$0.07 per share and non-flow-through units at C$0.05 per share.

The following day, Happy Creek upsized the offering to C$3.75 million.

The company plans to use the gross proceeds for drilling, exploration and development at Fox, as well as other exploration work in the Caribou.

4. Camino Minerals (TSXV:COR)

Weekly gain: 56.52 percent
Market cap: C$13.5 million
Share price: C$0.36

Camino Minerals is a copper exploration and development company with a portfolio of projects in Chile and Peru.

Earlier in 2025, the company shifted its focus to its newly acquired, construction-ready Puquois copper project in Chile.

In October 2024, Camino entered a definitive agreement to create a 50/50 joint venture with Nittetsu Mining (TSE:1515) that would acquire Cuprum Resources, which owns the Puquios project. The partners completed the acquisition April 17 and said they would turn their attention to project financing.

On March 17, Camino filed a prefeasibility study for the project. The study results demonstrate a post-tax net present value of US$118 million, with an internal rate of return of 23.4 percent and a payback period of 3.1 years at a fixed copper price of US$4.28. It also outlines all-in sustaining costs of US$2.00 per pound over a 14.2 year mine life.

In addition to the economic details, the included mineral resource estimate shows a measured and indicated resource of 149,000 metric tons of copper from 32.16 million metric tons of ore grading 0.46 percent copper.

Camino also owns the Los Chapitos project, which has been a long-time focus of the company. The project covers approximately 22,000 hectares near the coastal town of Chala, Peru, and hosts near-surface mineralization.

Camino has been conducting exploration efforts at Los Chapitos throughout the first half of 2025. On Wednesday, it reported trench results from the newly identified Mirador zone, including 1.07 percent copper over 90 meters, with a four-meter section containing 3.05 percent copper.

5. Solstice Gold (TSXV:SGC)

Weekly gain: 56.25 percent
Market cap: C$29.38 million
Share price: C$0.125

Solstice Gold is an exploration company focused on its flagship Strathy gold project in Ontario, which it acquired in June 2024.

The project consists of 45 claims covering an area of 45 square kilometers in the Temagami Greenstone belt. Historical documents report six gold showings in the central portion of the project areas, with documented mineralization at the Leckie prospect.

In its latest project update on July 2, Solstice announced it had wrapped up its spring drill program, which focused on four target areas. In total, the company completed 3,125 meters of drilling across 14 holes, and results are expected in July.

The company also reported that it had entered into an agreement to acquire 17 additional claims, which would increase the project area by 50 percent. It added that targets identified from its IP program may extend along strike into these claims.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of February 2025, there were 1,572 companies listed on the TSXV, 905 of which were mining companies. Comparatively, the TSX was home to 1,859 companies, with 181 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

U.S. Secretary of State Marco Rubio announced visa restrictions on a Brazilian judge after the country’s Supreme Court issued search warrants and restraining orders against former President Jair Bolsonaro.

Brazilian Supreme Court Justice Alexandre de Moraes, his unspecified allies on the court and his immediate family members will face visa revocations, according to Rubio, who criticized what he called a ‘political witch hunt’ against the former president.

‘President Trump made clear that his administration will hold accountable foreign nationals who are responsible for censorship of protected expression in the United States,’ Rubio said in a statement. 

‘Brazilian Supreme Federal Court Justice Alexandre de Moraes’s political witch hunt against Jair Bolsonaro created a persecution and censorship complex so sweeping that it not only violates basic rights of Brazilians, but also extends beyond Brazil’s shores to target Americans,’ he continued.

As part of the court’s orders, Bolsonaro is prohibited from contacting foreign officials, using social media or approaching embassies over allegations he sought the interference of U.S. President Donald Trump, according to the decision issued by Moraes, who cited a ‘concrete possibility’ of him fleeing the country.

Federal police raided Bolsonaro’s home, and he had an ankle monitor placed on him.

Trump has already attempted to pressure Brazil’s officials to help Bolsonaro by announcing a 50% tariff on goods from the country from August 1 in a letter that began by criticizing Bolsonaro’s trial before Brazil’s Supreme Court on accusations of attempting to overturn the last election.

The U.S. president has pushed Brazil to end the case against Bolsonaro, arguing that the former Brazilian leader was the victim of a ‘witch hunt.’

Bolsonaro is on trial before Brazil’s Supreme Court on charges of plotting a coup to stop President Luiz Inácio Lula da Silva from taking office in January 2023.

Bolsonaro told Reuters that he believed the orders against him were issued in response to Trump’s criticism of his trial.

The former president described Moraes as a ‘dictator’ and called the latest court orders acts of ‘cowardice.’

‘I feel supreme humiliation,’ he said about wearing the ankle monitor. ‘I am 70-years-old, I was president of the republic for four years.’

Bolsonaro denied any plans to leave the country, but said he would meet with Trump if he could obtain access to his passport, which was seized last year. He also said he had contacted the top U.S. diplomat in Brazil to discuss Trump’s tariff threat.

White House spokesperson Anna Kelly said on Friday, citing previous comments from Trump, that ‘Bolsonaro and his supporters are under attack from a weaponized court system.’

On Thursday, Trump shared a letter he sent to Bolsonaro.

‘I have seen the terrible treatment you are receiving at the hands of an unjust system turned against you. This trial should end immediately!’ he wrote.

Moraes said in his decision that the restrictions against Bolsonaro were because of allegations that the former president was attempting to have the ‘head of state of a foreign nation’ interfere in Brazilian courts, which the judge called an attack on national sovereignty.

The judge added that Trump’s threats of higher tariffs sought to create a serious economic crisis in Brazil to interfere in the country’s judicial system.

Bolsonaro was also prohibited from contacting key allies, including his son Eduardo Bolsonaro, a Brazilian congressman who has been working in the U.S. to gather support for his father.

The former Brazilian president told Reuters he had been talking to his son almost daily and denied any concerted U.S. lobbying effort on his behalf. He said he expected his son to seek U.S. citizenship to avoid returning to Brazil.

A five-judge panel of Brazilian Supreme Court judges upheld Moraes’ decision.

Reuters contributed to this report.

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Slovenian lawmakers became the first Eastern European country to legalize a law on Friday to allow medically-assisted suicide for terminally-ill adults, in a shift in regional end-of-life policy. 

The country’s lawmakers passed the bill following a closely watched parliamentary vote with 50 votes in favor, 34 against and three abstaining. The vote also focused on a national referendum demanding expanded end-of-life rights. 

The legislation comes after a consultative referendum last year in which 55% of voters supported the right to end-of-life autonomy. While the move is being praised as historic, the law’s implementation will not be immediate as the procedures and oversight mechanisms are still being developed.

The law applies to terminally ill adults who are experiencing unbearable suffering with no prospect of improvement. In order for candidates to qualify, they must be mentally competent and have already exhausted their available treatment options. Individuals suffering solely from mental illness will be excluded from eligibility. The patient has to provide informed, voluntary, and repeated consent. It is believed that the process may require evaluation by multiple medical professionals.

Although it is being hailed as a landmark move, it will not be immediately implemented as the detailed procedures and oversight mechanisms are still being finalized. 

‘This is a victory for compassion and dignity,’ said one lawmaker in support of the bill. A civil rights group opposed to the law referendum to overturn the measure.

A civil rights group opposing the new law pledged on Friday to seek public backing for a potential attempt to force a referendum on the measure.

Several other countries, including Canada, Germany, Belgium, Switzerland, the Netherlands, Australia and Colombia, have legalized the so-called death with dignity.

Last month, Britain’s parliament voted to legalize assisted dying, although the bill must still clear the upper chamber of parliament.

In the U.S., 11 states allow medical aid in dying: Delaware, California, Colorado, Hawaii, Maine, Montana, New Jersey, New Mexico, Oregon, Vermont and Washington. Lawmakers in some other states are considering similar legislation.

Washington, D.C., also permits physician-assisted suicide.

Reuters contributed to this report.

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Edwin J. Feulner, a prominent figure in the American conservative movement and co-founder and former president of the Heritage Foundation, died on Friday at the age of 83.

Feulner served as the organization’s president from 1977 to 2013 and again from 2017 to 2018. He was well known for transforming the once-obscure think tank into one of the most influential policy powerhouses in Washington, D.C.

He was its longest-serving president after helping to create the Washington, D.C.-based think tank in 1973.

‘Ed Feulner was more than a leader—he was a visionary, a builder, and a patriot of the highest order,’ Heritage President Kevin Roberts and Board of Trustees Chairman Barb Van Andel-Gaby said in a joint statement. ‘His unwavering love of country and his determination to safeguard the principles that made America the freest, most prosperous nation in human history shaped every fiber of the conservative movement—and still do.’

The group had organized Project 2025, a controversial initiative that offered right-wing policy recommendations for the second Trump administration. Feulner co-wrote the initiative’s afterward and he and Roberts met with President Donald Trump ahead of last year’s election. Feulner was also on Trump’s transition team ahead of his first term.

Under his leadership, Heritage instituted a new model of conservative policy advocacy. This helped shape Reagan-era reforms and pushed market-based ideas into political mainstream. Feulner has remained active through Project 2025 and a transition plan for a second Trump term which is drawing praise and criticism for its hardline policy proposals.

An author of nine books and a former congressional aide, he was also involved in various other conservative organizations.

‘Whether he was bringing together the various corners of the conservative movement at meetings of the Philadelphia Society, or launching what is now the Heritage Strategy Forum, Ed championed a bold, ‘big-tent conservatism,” Roberts and Andel-Gaby wrote. ‘He believed in addition, not subtraction. Unity, not uniformity. One of his favorite mantras was ‘You win through multiplication and addition, not through division and subtraction.’ His legacy is not just the institution he built, but the movement he helped grow—a movement rooted in faith, family, freedom, and the founding. ‘

‘His ‘Feulnerisms’ still resonate in the halls of Heritage—where they will always be remembered. ‘People are policy,’ for instance— the heartbeat of his mission—to equip, encourage, and elevate a new generation of conservative leaders, not just in Washington, but across this great country,’ the statement continued. ‘And we still remember his adjuration to never be complacent or discouraged: ‘In Washington, there are no permanent victories and no permanent defeats.”

Roberts and Andel-Gaby vowed to honor Feulner’s life by ‘carrying his mission forward with courage, integrity, and determination.’

‘Thank you for showing us what one faithful, fearless man can do when he refuses to cede ground in the fight for self-governance,’ the leaders said of Feulner.

Heritage did not disclose Feulner’s cause of death.

Feulner is survived by his wife Lina, as well as their children and grandchildren.

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President Trump has been in office for six months, delivering on campaign promises, securing his ‘big beautiful bill’ by his self-imposed deadline and taking decisive action on the world stage.

The president was sworn into office Jan. 20, and the Trump administration has operated at warp speed since Day One.

Key tenets of Trump’s first 100 days included imposing harsh tariffs on Chinese imports, starting and continuing peace negotiations between Russia and Ukraine, and cracking down on border security amid a mass deportation initiative. 

The next chapter of the second Trump administration began, with the House of Representatives, as promised, passing Trump’s ‘One Big Beautiful Bill,’ before Memorial Day, sending it to the Senate for weeks of negotiations.

The Senate made its changes, approved the legislation and kicked it back to the House just in time for the lower chamber to pass the bill before Trump’s self-imposed Fourth of July deadline. 

The president welcomed House and Senate Republican leadership to the White House July 4 for a signing ceremony on his landmark legislation, which included key provisions that would permanently establish individual and business tax breaks included in his 2017 Tax Cuts and Jobs Act, and incorporate new tax deductions to cut duties on tips and overtime pay. 

Trump’s second administration has also focused on the new Department of Government Efficiency (DOGE), which was run by Elon Musk. DOGE proposed cuts to programs that the Trump administration chalked up to wasteful and excessive government spending.

Congressional lawmakers prepped a rescissions package — a bill to codify those DOGE cuts into law. Congress passed that package by its deadline. 

Trump signed the package Friday, which blocks $8 billion in funding to the U.S. Agency for International Development (USAID) and $1 billion to the Corporation for Public Broadcasting for the remainder of the fiscal year. The dollars had been allocated by Congress for the duration of fiscal year 2025.

As for Musk, his ‘special government employee’ window expired, and he returned to the private sector. Shortly after, Musk started a short-lived feud with the president, who chose not to prolong the tensions. Trump only hit his former ally briefly, and carried on with business as usual, leaving Musk to a lonely rant on social media.

Meanwhile, on the world stage, the president ordered strikes on Iran’s nuclear facilities. 

Trump’s historic precision strikes on Iran’s nuclear sites in June hit their targets and ‘destroyed’ and ‘badly damaged’ the facilities’ critical infrastructure — an assessment agreed upon by Iran’s Foreign Ministry, Israel and the United States. 

But Iranian Supreme Leader Ayatollah Ali Khamenei recently issued his latest threat against the U.S. and ‘its dog on a leash, the Zionist regime (Israel),’ saying that Iran’s attack on U.S. Al Udeid Air Base in Qatar was just the beginning of what Tehran could throw at Washington. He warned that ‘an even bigger blow could be inflicted on the U.S. and others.’

Iran has until the end of August to agree to a nuclear deal with the United States and its allies, Fox News has learned. 

Secretary of State Marco Rubio and the foreign ministers of France, Germany and the United Kingdom set the de facto deadline, according to three sources with knowledge of a call Wednesday among the officials. 

If Iran fails to agree to a deal, it would trigger the ‘snapback’ mechanism that automatically reimposes all sanctions previously imposed by the United Nations Security Council. 

The sanctions were lifted under the 2015 Iran deal. 

In his first six months as president, Trump also signed a sweeping order blocking travel to the U.S. from nearly 20 countries identified as high-risk for terrorism, visa abuse and failure to share security information.

The travel restrictions — announced under executive order 14161 — apply to nationals from 12 countries, including Afghanistan, Iran, Somalia, Libya and Yemen, all deemed ‘very high risk’ due to terrorist activity, weak or hostile governments, and high visa overstay rates. 

Domestically, the president has focused efforts on securing the border, with border crossings at a record low.

U.S. Customs and Border Protection reported the lowest number of border crossings in recorded history in June. Nationwide, there were 25,228 CBP encounters, the lowest monthly number the agency has recorded, including a ‘historical low’ of 8,024 apprehensions. Encounters include legal ports of entry, whereas apprehensions are arrests of those coming into the United States illegally. 

As for tariffs, the Trump administration had leveled tariffs as high as 145% on Chinese goods following the president’s reciprocal tariff plans in April, when China retaliated against the U.S. with tariffs of its own. China and the U.S. reached a preliminary trade agreement in May, which Trump said China violated in a Truth Social post at the end of May.  

An agreement was reached between the U.S. and China in June, which includes China supplying rare earth materials to the U.S., and that Trump will ‘work closely’ with Chinese President Xi Jinping ‘to open up China to American Trade.’

‘Full magnets, and any necessary rare earths, will be supplied, up front, by China,’ Trump said in June. ‘Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!). We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent!’ 

The president also celebrated the U.S. Army’s 250th birthday with a massive parade in Washington June 14 — kicking off a yearlong extravaganza leading up to America’s 250th birthday.

Outside the White House, Trump administration agencies have delivered on promises. 

The Department of Education unveiled plans to scale down its workforce, terminating nearly 1,400 Education Department employees. The Supreme Court upheld Trump’s move.

The Justice Department released the audio of former President Joe Biden’s interview with former Special Counsel Robert Hur. Hur was investigating Biden for alleged improper retention of classified records.

Congressional lawmakers had been demanding the audio of that interview be released since 2024, after the transcript of Biden’s interview was littered with mistakes and revealed significant memory lapses.

The Department of Justice also has started an investigation into Biden’s pardons his final days in office to determine whether they are valid. Fox News Digital has learned the pardons, in his final weeks in office, were signed by autopen, with just one signed by hand — the pardon for his son Hunter. 

Trump has also directed Attorney General Pam Bondi to make public any relevant grand jury testimony relating to the Jeffrey Epstein case. 

Over at the FBI, CIA and the Office of the Director of National Intelligence, intelligence officials and political appointees are in the process of declassifying all records related to the Trump–Russia investigation, also known as ‘Crossfire Hurricane.’

Fox News Digital also exclusively reported that former FBI Director James Comey and former CIA Director John Brennan are under criminal investigation relating to their actions tied to the Trump–Russia probe.

Fox News’ Emma Colton, Diana Stancy, Elizabeth Elkind and Louis Casiano contributed to this report. 

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The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call.

Hanwha Philly Shipyard CEO David Kim, nodding to the gargantuan vessels under construction just off the Delaware River, on Wednesday offered the kind of vision that has brought some optimism back to the U.S. shipbuilding community.

“You take that level of experience, the technology that we have, the know-how, the process expertise, and so clearly, we believe we have a lot to bring to the Philly Shipyard, as well as to the U.S. maritime industrial base, in terms of modernization capacity,” he said on a walkthrough of the shipyard.

Hanwha Philly Shipyard CEO David Kim.Obtained by NBC News

Hanwha Group bought the Philly Shipyard in December for $100 million and plans to invest multiple times that amount in the yard, training over a thousand new workers and bringing in new high-tech equipment. The company hopes to build naval ships and become the first U.S. builder of specialized liquefied natural gas tankers.

Shipbuilding in the United States has been all but dormant. China, South Korea, Japan and Europe all produce far more ships than the United States, with the few shipyards still operating in the country concentrating on military ships.

Revitalizing shipbuilding has been one of the areas President Donald Trump has pointed to as part of a broader effort to bring manufacturing back to the United States — a move some see as shortsighted considering the costs associated with building the kind of gigantic modern ships that remain a core part of how goods and commodities move around the planet.

This post appeared first on NBC NEWS

One great habit to develop as an investor is regularly scanning the stock market. Whether you’re checking for stocks that are outperforming a benchmark, gapping up, reversing, or breaking out of a trading range, scanning keeps you in the loop and, importantly, helps you stay sharp and spot potential opportunities early on. 

During one of our routine scans, one stock stood out: Rigetti Computing, Inc. (RGTI), a company in a fast-moving quantum computing space. On Wednesday, RGTI closed the day up 30%, which turned some heads. What’s behind the move? Rigetti announced significant improvements in its platform, better performance metrics, and the 36-qubit system, a technical milestone in the quantum world.  

Should You Invest in RGTI?

If you ran any of the bullish predefined scans on StockCharts, you may have noticed RGTI popping up. That alone is a good reason to take a closer look at RGTI stock’s price action.

Looking at the daily chart of RGTI, the stock had a nice ride in late 2024. However, things cooled off in early January 2025 and, since then, the stock has been trading sideways until this week. On Wednesday, RGTI gapped up with strong volume, breaking out of that sideways range.

FIGURE 1. DAILY CHART OF RGTI STOCK. Since its rise in late 2024, the stock has been trading sideways until Wednesday, when it broke out of that range. Chart source: StockCharts.com. For educational purposes.

Back in June, RGTI bounced off its 50-day simple moving average (SMA), which is starting to slope upward—a healthy technical signal. With Wednesday’s price move, RGTI is above its May 27 and July 8 highs.

RGTI’s price isn’t too far from its all-time high, set in January. If the stock breaks above that level and has strong momentum, we could see it push to new highs. The Relative Strength Index (RSI) and Percentage Price Oscillator (PPO) are showing early signs of positive momentum.

On the other hand, if the stock pulls back and Wednesday’s gap up doesn’t get filled, RGTI could reverse either at the May 27 or July 8 high. A reversal with a rise in momentum would confirm an upside continuation. If RGTI falls below these levels, fills Wednesday’s gap up, and finds support at the 50-day SMA, it could go back to trading sideways, waiting for the next catalyst. A decline below the 50-day SMA would invalidate the uptrend.

A Rising Tide in Quantum Stocks?

Other stocks in the Quantum Computing space, like IonQ, Inc. (IONQ) and D-Wave Quantum, Inc. (QBTS), also saw gains on Wednesday.

Quantum computing stocks can be a bit of a roller coaster; they rallied at the end of 2024, dipped earlier this year, and are now gaining ground, thanks to encouraging news on quantum computing developments. The technology is in its early stages and could take years before it’s truly mainstream. So while these stocks are gaining attention now, the momentum may not be consistent.

If you’re a long-term investor with patience and curiosity, it may be worth adding RGTI, QBTS, ION, and others to your ChartLists. Track them regularly and watch for continued technical strength or signs of trend reversals. 


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.

Join Tom as he covers key inflation data, earnings season highlights, and sector rotation trends. He breaks down recent price action in major indexes like the S&P 500 and Nasdaq, with a close look at the 20-day moving average as a support gauge. Tom spotlights standout industry groups such as gambling, semiconductors, software, and aerospace, and shares charts of top-performing stocks like Goldman Sachs, Johnson & Johnson, and PNC. Tom highlights under-performing areas like insurance brokers and home improvement, then reviews several strong earnings reactions, including Monarch Casino’s 15% after-hours gain.

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There is no denying that the broad markets remain in a resilient uptrend off the April 2025 low.  But if there’s one thing I’ve learned from many years of analyzing charts, it’s to remain vigilant during bullish phases.  Even though I’ll assume the uptrend is still intact, that doesn’t mean I can stop looking for signs of potential weakness!

With that in mind, here are three bearish candle patterns that often pop up during bullish market phases.  By looking for these patterns in the stocks and ETFs that you own, you can hopefully get ahead of any corrective moves and take profits before it’s too late!

The Shooting Star Pattern

If you see a long upper shadow, little to no lower shadow, and the open and close are close together near the bottom of the day’s range, then you have identified a shooting star candle pattern.  If you’re familiar with the hammer candle pattern, then you can think of this as a hammer candle but basically everything is upside down!

The chart of AT&T (T) has featured a number of shooting star candles so far in 2025.  Just before the selloff in early April, there was a clear shooting star candle after the March rally.  Then during the rally off the April low, a shooting star pattern in early May suggested that the uptrend phase was nearing an exhaustion point.

The Bearish Engulfing Pattern

One of the most recognizable patterns in the candlestick library, the bearish engulfing pattern represents a short-term rotation from accumulation to distribution.  Basically, a large up candle is followed by a large down candle, and the second day’s “real body” (the open-to-close range) engulfs the range of the first day’s real body.  

Look at the strength in the uptrend for Paramount Global (PARA) going into early June.  Then just before the 4th of July weekend, a bearish engulfing pattern suggests a change of character as the bears take control.  It’s worth noting that these candle patterns are not long-term signals, but rather indicate short-term dynamics.  So a bearish engulfing pattern suggests weakness for the next one to three bars.

The Evening Star Pattern

If you took the bearish engulfing pattern, and then added another small candle in the middle of those two days, then you’d have an evening star pattern.  Now most candlestick textbooks will tell you that the “star” day in the middle should include a gap, so there’s no overlap between that day’s range and the other two candles.  In practice, I’ve found most people ignore this detail and rather look for patterns with enough similarities to this basic structure.

Going back to the AT&T chart we used earlier, we can see an evening star pattern at the end of June.  A big day is followed soon after by a big down day, with a small candle in the middle.  This is a great example of where additional weakness led the price below the 50-day moving average, serving to confirm the bearish outlook as represented by the evening star pattern.

It’s so easy to become complacent during an extended bull market rally.  Investors that regularly scan for bearish candle patterns have an edge, as they can anticipate potential turning points before the uptrend changes in dramatic fashion to a new downtrend phase!

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

marketmisbehavior.com

https://www.youtube.com/c/MarketMisbehavior

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.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.