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Forward Water Technologies Announces September 30, 2024 Financial Results

Forward Water Technologies Corp. (TSXV:FWTC) (the ‘Company’ or ‘FWTC’)) is pleased to announce that it has filed its condensed consolidated interim financial statements and related management’s discussion and analysis for the nine months ended September 30, 2024. Copies of these financial statements and related management’s discussion and analysis can be found on the Company’s issuer profile at www.sedarplus.ca. All financial information in this news release is reported in Canadian dollars, unless otherwise indicated

Nine Months Ended September 30, 2024 Financial Highlights

  • On September 30, 2024, FWTC announced the successful closing of the business combination with Fraser Mackenzie Accelerator Corp. (‘FMAC’) and that the combined company will continue to conduct the business operated by FWTC. Pursuant to the transaction a wholly-owned subsidiary of FWTC amalgamated with FMAC and all of the issued and outstanding common shares of FMAC (‘FMAC Shares’) were exchanged for common shares of FWTC (post its 10 for 1 consolidation) at an exchange ratio of 0.95 FWTC shares for each FMAC Share (the ‘Exchange Ratio’). In addition, each outstanding option and warrant to purchase a FMAC Share was adjusted to entitle the holders thereof to purchase FWTC shares based on the Exchange Ratio. Upon completion of the transaction, the amalgamated corporation became a wholly owned subsidiary of FWTC.

  • As the former shareholders of FMAC control FWTC following the transaction, the transaction was accounted for as a reverse acquisition where FMAC is deemed to be the acquirer for accounting purposes. As a result, the condensed consolidated interim financial statements for the nine months ended September 30, 2024 represent the continuance of FMAC and reflect the identifiable assets acquired and liabilities assumed of FWTC at fair value. The results of operations of FWTC have not been included in the consolidated statements of loss as the transaction occurred on September 30, 2024. If the Transaction had occurred on January 1, 2024, management estimates that the consolidated revenue and net loss would have been $157,119 and $1,839,835 respectively for the nine months ended September 30, 2024.

Management Commentary

C. Howie Honeyman, Forward Water’s CEO and President said, ‘The completion of the transaction with FMAC enables FWTC to accelerate its commercial efforts and lean into the developing sectors, especially as related to lithium brine processing. Further, the incoming board members provides FWTC with additional capital market expertise and strong financial leadership for the future.’

Statement of Comprehensive Loss

Statement of Financial Position

Statement of Cash Flows

About Forward Water Technologies Corp.

Forward Water Technologies Corp. is a publicly traded Canadian company dedicated to saving the earth’s water supply using its patented Forward Osmosis technology. The Company was founded by GreenCentre Canada, a leading technology innovation centre supported by the government of Canada. The Company’s technology allows for the reduction of challenging waste streams simultaneously returning fresh water for re-use or surface release. The Company’s mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial wastewater, oil and gas, mining, agriculture and ultimately municipal water supply and re-use market sectors. In addition, the Company has initiated early stage R&D for the treatment of food and beverage process streams.

For more information, please visit www.forwardwater.com.

For more information or interview requests, please contact:

C. Howie Honeyman – Chief Executive Officer
howie.honeyman@forwardwater.com
416-451-8155

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements

Certain statements contained in this news release constitute ‘forward-looking information’ as such term is used in applicable Canadian securities laws including statements regarding expansion and uptake of the Company’s technology and the ability for the Company to achieve its growth strategy and business plan. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, the ability to scale the technology and the adoption of the technology by potential customers.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: the impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; unanticipated operating events; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information.

SOURCE:Forward Water Technologies Inc.

View the original press release on accesswire.com

News Provided by ACCESSWIRE via QuoteMedia

This post appeared first on investingnews.com

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Edison Lithium Receives Conditional Approval for Sale of Interest in Argentinian Lithium Properties

Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) (‘Edison’ or the ‘Company’) is pleased to announce that, further to its news release of November 18, 2024, the proposed disposition of the Company’s Argentina subsidiary, Resource Ventures S.A. (‘ReVe’), as contemplated by the non-binding purchase offer letter, effective November 12, 2024, from Mava Gasoil LLC for USD$3,500,000, has received conditional acceptance from the TSX Venture Exchange (‘TSXV’).

Completion of the disposition remains subject to, amongst other things, final documentation, the negotiation and execution of a definitive agreement, final acceptance from the TSXV, and receipt of the purchase price by the Company. The transaction is expected to complete in the latter half of February 2025.

About Edison Lithium Corp.

Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company’s acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.

On behalf of the Board of Directors:

‘Nathan Rotstein’

Nathan Rotstein
Chief Executive Officer and Director

For more information please contact:
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Disclaimer: This news release contains certain forward-looking statements. Statements that are not historical facts, including statements about Edison’s beliefs and expectations, are forward-looking statements. Forward-Looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as ‘may,’ ‘will,’ ‘will be’, ‘expect,’ ‘anticipate,’ ‘target,’ ‘aim,’ ‘estimate,’ ‘intend,’ ‘plan,’ ‘believe,’ ‘potential,’ ‘continue,’, ‘proposes’, ‘contemplates’, ‘is/are likely to’ or other similar expressions. All information provided in this news release is as of the date of this news, and the Company undertakes no duty to update such information, except as required under applicable law.

Forward-Looking statements in this press release relate to, among other things: the negotiation and signing of the definitive agreement, the receipt of final TSXV approval for the disposition, the closing of the transaction, and the receipt of the purchase price. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-Looking statements reflect the beliefs, opinions and projections of management on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: determination of acceptable terms for the proposed definitive agreement, receipt of all final TSXV approval required for the disposition, and receipt of the purchase price. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231879

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Drone company’s stock soars after it appoints Donald Trump Jr. to advisory board

Shares in a little-known drone company soared Wednesday after it announced that Donald Trump Jr. had joined its advisory board.

Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a drone manufacturer and a separate drone retailing firm, announced the appointment in an early-morning news release.

“Don Jr. joining our board of advisors provides us unique expertise we need as we bring drone component manufacturing back to America,” CEO Allan Evans said in the release. “He brings a wealth of experience and I look forward to his advice and role within the Company as we continue to build our business.”

Trump Jr., in the statement, also put the move in the context of the America First economic agenda of his father, President-elect Donald Trump.

“The need for drones is obvious. It is also obvious that we must stop buying Chinese drones and Chinese drone parts,” Trump Jr. said. “I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement.”

After Unusual Machines announced Trump Jr.’s move, its stock nearly doubled to more than $10 on heavy trading volume before it gave back some of the gains. It closed at $9.89 a share Wednesday afternoon. In May, the stock fell to as low as 98 cents.

According to a share offering detailed in a securities filing Wednesday, Trump Jr. is listed as having owned 331,580 shares of Unusual Machines. Of those, 131,580 shares were held because of his participation in a private placement offering of shares at a purchase price of $1.52 per unit.

Trump Jr. holds the remaining 200,000 shares as the result of a restricted stock unit agreement and advisory agreement, the filing says. Half of those shares can be immediately sold when the company’s board approves the agreements, and the rest will vest on May 22. The filing says “the Selling Stockholders may sell all, some or none of the offered Shares in this offering.”

Brian Hoff, the chief financial officer, declined to comment when asked what Trump Jr.’s advisory agreement will require of him.

Wednesday’s stock surge demonstrates the extent to which an association with the Trump name can transform an entity’s fortunes, for better or worse. During Donald Trump’s first term as president, his social media posts mentioning a company or one of its executives could cause shares to slide or jump, creating material risks or gains for investors.

Unusual Machines already had some momentum this month, having posted large gains after Election Day. Still, even with the share increases, its market value stood at a relatively meager $69 million as of early Wednesday afternoon.

Unusual Machines also finds itself potentially in the crossfire if President-elect Trump launches a new trade war with China. The company notes in the securities filing its heavy reliance on Chinese imports, which Trump now says would face punitive tariffs once he takes office. “If there are increased tariffs imposed, it could materially and adversely affect our business and results of operations,” the company said in a regulatory filing, warning of potential price increases.

An Unusual Machines spokesperson didn’t immediately respond to a request for comment.

In February, Unusual Machines closed its initial public offering of 1.25 million shares of stock for net proceeds of $3.85 million, according to CNBC.

When the company completed its IPO, it also acquired the drone brands Fat Shark and Rotor Riot from Red Cat. Jeffrey Thompson, the founder and CEO of Red Cat, is the founder and previous CEO and current board member of Unusual Machines.

In a recent regulatory note, Unusual Machines said it changed its accounting firm in April and “terminated its engagement with their prior auditor.” The firm in question was BF Borgers CPA, which also had been the auditor for Trump Media, the Truth Social parent company whose majority owner is the president-elect.

The Securities and Exchange Commission charged BF Borgers in May with “massive fraud” for work that affected more than 1,500 SEC filings. The auditor and owner Benjamin Borgers agreed to be permanently suspended from practicing as accountants before the SEC and to pay a combined $14 million in penalties.

Trump Media soon after retained a new auditor to replace BF Borgers.

Unusual Machines in its recent quarterly report said that its own new accounting firm re-audited the company’s prior financial statements and found that various transactions and stock compensation expenses weren’t recorded.


This post appeared first on NBC NEWS

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Plunge in Treasury Yields Triggers Gap-Surge in Home Builders

The 10-yr Treasury Yield reversed its upswing with a sharp decline and the Home Construction ETF (ITB) reacted with a noteworthy gap-surge. Today’s report analyzes the yield, the TBond ETF (IEF) and ITB.  The 10-yr Treasury Yield plunged as Treasury bonds surged on the heels of a new nomination for Treasury secretary. These moves lifted small-caps, banks and homebuilders. Banks have been leading for some time and small-caps started their move last week (as noted in Chart Trader last week). Homebuilders held out for interest rates and got their catalyst on Monday. The only concern here is that the move in Treasuries is a knee-jerk reaction. Follow through would confirm the validity of these short-term reversals.

The first chart shows the 10-yr Treasury Yield ($TNX) in the top window and the 7-10 Yr Treasury Bond ETF (IEF). $TNX is the yield multiplied by 10. I used this version because it is updated in real-time, as opposed to end of day. $TNX and IEF are mirror images. The 10yr Yield is within a large falling channel and the 7-10Yr T-Bond ETF is within a large rising channel. The yield falls when the bond price rises.

These two caught my eye because they reversed the swings within their respective channels. $TNX fell sharply to reverse the upswing, which extended from mid September to mid October. This means the short-term trend (down) is now aligned with the long-term trend (down). On the flip-side, IEF surged and reversed its downswing. This means the short-term trend (up) is now aligned with the long-term trend (up).

Small-caps reacted to the plunge in yields with a surge the last three days. Actually, small-caps started moving higher before the 10-yr Treasury Yield surged and we noted this in the Chart Trader report on Thursday before the open. Moving to this week, the Home Construction ETF (ITB) also caught a strong bid as the 10-yr Treasury Yield fell on Monday. ITB gapped up and surged 5% on Monday. 

Next we will analyze the charts for ITB and five home builder stocks. This members-only report covers the long-term trends, medium chart setups and the recent momentum thrusts. 

Click here to join and get two bonus reports!

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Here’s Why the Small Cap IWM Will Soar Nearly 70% by the End of 2025

If you want big returns, I’m convinced you’ll find them in small caps. When I make bold predictions, and many of you know that I do fairly often, it’s usually supported by long-term perspective. Most everyone has a negative bias towards small caps right now, because they’ve underperformed so badly the past few years. But I use perspective on small caps just as I did in 2022 on the large caps. Let me use the S&P 500 as an example:

Do you remember how bullish sentiment was at the end of 2021? We had the most complacent readings EVER on the 253-day SMA of the equity only put call ratio. And we had an “overshoot” on the S&P 500 outside of the secular bull market channel. That left the likelihood of little upside and the potential of plenty of downside to test the “middle” channel level where most corrections and/or cyclical bear markets end. At MarketVision 2022 in January 2022, I discussed the very real possibility of a 20-25% cyclical bear market decline to last 3-6 months and this was a chart that supported my theory. There were other reasons as well, but I’m focused in this article on perspective and the benefits of having long-term perspective and not being overcome by short-term recency bias. We actually saw the cyclical bear market drop 28% and last 9 1/2 months. It wasn’t a perfect call, but it was pretty darn solid.

Notice that those tests of the blue-dotted “middle” upslope line are excellent opportunities to jump in for what’s likely to follow – a strong uptrend to return back to the upper channel line.

So how does the small cap IWM look right now:

The blue “percentage change” shows 52%, but this is measuring a 4-year period where price action simply follows the bottom of the slope. However, the maroon “percentage change” shows what happens if you increase at a much, more rapid pace from the blue-dotted “middle” upslope line to the upper solid blue upslope line, in this case rising 112% – more than twice the rate if you simply go along for the ride with the slope. I believe the IWM has just begun a very significant rise back towards its upper channel line. I won’t be surprised if the IWM hits 400 in 2025, which would represent nearly a 70% return. This type of a move would be no different that what we’ve seen in the past on both of the above charts.

Again, to make these types of predictions, you have to be willing to ignore what’s happened recently (check your recency biases at the door), and focus on what the long-term channel is telling you. Could I be wrong? Absolutely. But I firmly believe small caps will continue the leadership role we’ve seen of late, significantly outperforming the S&P 500 and NASDAQ 100.

I’m writing a special EB Digest on Friday and highlighting a small stock that I believe could TRIPLE over the next year. Our EB Digest is our FREE newsletter that requires no credit card. You may unsubscribe at any time. To claim this small cap stock on Friday, simply CLICK HERE to sign up for our FREE EB Digest newsletter.

Happy Thanksgiving everyone and happy trading!

Tom

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Can the S&P 500 Rally Without Tech?

In this video from StockCharts TV, Julius takes a deep dive into US sector rotation, breaking it down into offensive, defensive and cyclical sectors. He first looks at the relative rotations that are shaping up inside the group, assessing each sector’s price chart in combination with the rotation on the Relative Rotation Graph to get a complete picture. This all culminates with the chart of SPY, which is showing a lot of strength recently. Going forward, the crucial question will be whether SPY can rally further without the participation of technology, the most important sector in the universe.

This video was originally published on November 27, 2024. Click anywhere on the icon above to view on our dedicated page for Julius.

Past videos from Julius can be found here.

#StayAlert, -Julius

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Navigating Holiday Stock Market Changes: Turn Sentiment Shifts into Successes

The day before Thanksgiving, the stock market took a little breather. But the weekly performance was still impressive.

The Dow Jones Industrial Average ($INDU) remains the broader index leader, rising 0.96% for the week. The S&P 500 ($SPX) and the Nasdaq Composite ($COMPQ) ended the week with smaller gains than the Dow. Earlier in the week, investors were more bullish, but Wednesday’s selloff didn’t disrupt the uptrend.

It may have been a short trading week, but we got a handful of economic data to chew on. The revised Q3 GDP data shows the US economy grew at a 2.8% annual rate, last week’s jobless claims came in lower than expected, and durable goods fell 0.2% in October.

The Fed’s preferred inflation gauge, PCE rose 2.3% year-over-year in October, which was in line with expectations but slightly higher than last month’s 2.1% rise. This indicates that inflation is moving away from the Fed’s inflation target of 2%. Core PCE came in higher at 2.8% year-over-year.

Earlier this week, we had the FOMC minutes. They indicated that the Fed will gradually cut interest rates if the economy continues to perform as expected. According to the CME FedWatch Tool, there’s now a 66.5% probability of a 25-basis-point rate cut in the December meeting.

The Stock Market’s Reaction

Looking at the 5-day change in performance using the StockCharts MarketCarpets, heavyweights NVIDIA Corp. (NVDA), Alphabet Inc. (GOOGL/GOOG), and Tesla Inc. (TSLA) were the largest decliners. The performance of these large-cap stocks would have been the tailwinds that held the Nasdaq and S&P 500 back.

FIGURE 1. 5-DAY PERFORMANCE OF THE S&P 500 THROUGH THE MARKETCARPET LENS. There’s a lot of green, but some large-cap stocks saw declines.Image source: StockCharts.com. For educational purposes.

This week, money rotated from energy and technology stocks into real estate, consumer staples, and financial stocks. Antitrust efforts against Alphabet and now Microsoft, along with tariff talks impacting semiconductor stocks, have hurt the stock prices of several mega-cap tech stocks. With cash leaving these stocks, small- and mid-cap stocks have benefited, although they, too, came off their highs by the end of Wednesday’s trading.

The Dow reached an all-time high on Wednesday but sold off, ending the day slightly lower. The uptrend is still intact, as seen in the daily chart below.

FIGURE 2. DAILY CHART OF THE DOW JONES INDUSTRIAL AVERGE ($INDU). The uptrend is still intact with the 21-day EMA, 50-and 100-day SMAs trending upward. The Dow is outperforming the S&P 500 slightly.Chart source: StockCharts.com. For educational purposes.

The Dow is trading well above its upward-sloping 21-day exponential moving average (EMA). It’s also slightly outperforming the S&P 500 by 1.27%. The S&P 500 has a similar pattern, but the Nasdaq Composite is struggling.

The daily chart of the Nasdaq below shows that it is underperforming the S&P 500, albeit slightly.

FIGURE 3. DAILY CHART OF NASDAQ COMPOSITE. Even though the Nasdaq is the weaker performer of the three broad indexes, its trend is still positively sloped and holding the 21-day EMA support. The Nasdaq is underperforming the S&P 500 slightly.Chart source: StockCharts.com. For educational purposes.

The long-term trend is still in play. The 21-day EMA is trending upward and continues to be a valid support level for the index.

In the Bond World

The biggest action this week was the sentiment shift in the bond market. Treasury yields were rising until last week. However, several events this week have eased inflation fears, resulting in declining Treasury yields and rising bond prices (bond prices and yields move in opposite directions). Wednesday’s PCE data didn’t change the directional move.

The chart below shows that the 10-Year US Treasury Yield ($TNX) met resistance at its July 1 close and reversed. It is now trading below its 21-day EMA.

FIGURE 4. DAILY CHART OF THE 10-YEAR US TREASURY YIELD. The 10-year yield hit a resistance level and, since then, has been trending lower. It is now trading below its 21-day EMA. The rate of change (ROC) indicates the decline is accelerating.Chart source: StockCharts.com. For educational purposes.

The rate of change (ROC) indicator in the lower panel is below zero. This means that yields are falling relatively quickly.

The bottom line: Equities may have sold off on Wednesday, but nothing to disrupt the uptrend. A little profit-taking ahead of the holiday shopping season shouldn’t come as a surprise. You deserve to celebrate consumerism once in a while.

Wishing everyone a happy, healthy Thanksgiving!

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.

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Five Ways You Should Use ChartLists Starting Today!

Having used many technical analysis platforms over my career as a technical analyst, I can tell you with a clear conscience that the ChartList feature on StockCharts provides exceptional capabilities to help you identify investment opportunities and manage risk in your portfolio.

Once you get your portfolio or watch list set up using the ChartList feature, you can use these five powerful tools to break down the list of stocks or ETFs, identify patterns of strength and weakness, and anticipate where the next opportunities may arise!

Summary View to Identify Outliers

The Summary view is a great starting point, sort of like a high level menu of what all we can do with this list of charts.  All of the columns are sortable, so we can begin to find patterns and relationships by grouping similar stocks by sector or sorting by market cap.

One of my favorite things to do right off the bat is sort by “Next Earnings Date”.  Whether you’re a long-term investor or a swing trader or somewhere in between, you always want to know when earnings could create a sudden move in either direction!

ChartList View to Analyze Technical Patterns

Once I’ve made some general assessments about the stocks on my list using the Summary View, I like to use the ChartList view to review each chart, one by one.  This view uses the alphabetical order of the titles of your charts, so make sure to add numbers before the tickers if you prefer a particular order.

Especially when I’m reviewing a longer list of tickers, I’ll use the ChartList view to go through a bunch of charts, jotting down tickers on my notepad for further review later in the day.  It’s easy to switch all of the charts to a different ChartStyle, which comes in handy if you want to switch to weekly or monthly charts, for example.  Just select one of the charts, change the ChartStyle, then look for a link called “Apply ChartStyle to All” at the bottom!

CandleGlance View to Separate Into Buckets

When I worked at a large financial institution in Boston, I would print out a bunch of charts representing a particular fund’s holdings, then spread the charts out on a conference table.  I’d look for similar patterns and structures, and start to separate the charts into bullish, bearish, and neutral piles.  From there, I could focus my attention on the most actionable charts.

The CandleGlance view provides this capability without having to print out all of those charts!  We can easily detect similar patterns and signals, helping me spend my time on the most actionable charts within a larger list.  I can’t tell you how much time this one feature has saved me in terms of efficiently breaking down a list of charts!  Don’t forget that you can customize the ChartStyle you use for this view, allowing you to apply your own proprietary charting approach to this visualization.

Performance View to Focus on Consistent Winners

What if you just want to analyze the performance of a group of stocks or ETFs, to better understand which charts have been the most and least profitable over a period of time?  The Performance View shows a series of time frames in tabular format, allowing you to focus on top and bottom periods over multiple time frames.

This can be a fantastic way to break down your portfolio, helping you better understand which positions have been helping your performance, and which ones may actually have been holding you back!

Correlation View to Understand Price Relationships

Finally, we come to one of the most underutilized features of ChartLists, and that’s the Correlation View.  This can help better define the relationship between two different data series, and identify which stocks or ETFs could help us diversify our portfolio.

I like to sort this view in ascending order based on the 20-day correlation as a starting point.  Which stocks demonstrated a very different return profile from the S&P 500?  When it feels as if all stocks are doing about the same thing, this one feature can help you quickly identify outliers and positions which could help you improve your performance through diversification.

I’ve found the ChartList capabilities to be some of the most powerful features on the StockCharts platform.  Once you get into the habit of using these incredible list management and analytical tools, I hope you’ll enjoy a greater amount of market awareness in your life!

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

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.

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Why star goalie Alyssa Naeher decided to retire from USWNT

The U.S. women’s national team is in London, where a crowd of over 80,000 is expected to see the Olympic gold medalists — including goalkeeper Alyssa Naeher, who this week announced plans to retire from the national team — face England on Saturday at Wembley.

The massive crowd would make this one of the most highly-attended women’s soccer games ever. The record, at least for documented attendances in the modern era, is 91,648 fans for a UEFA Women’s Champions League (UWCL) semifinal between Barcelona and Wolfsburg played on April 22, 2022. The 1971 Women’s World Cup, an event staged outside of FIFA’s purview, retains claims of a crowd of 110,000 at Estadio Azteca for the final between Mexico and Denmark, though clear record-keeping is hard to come by.

The largest crowd to watch the USWNT was on hand for a pivotal event in women’s sports history, as 90,185 attended the 1999 World Cup final between the U.S. and China at the Rose Bowl, famously decided by Brandi Chastain’s game-winning penalty kick. England has a similar experience, with the Lionesses drawing 87,192 to Wembley to see the hosts defeat Germany in the epic final of Euro 2022.

The match will also be one of the last opportunities for fans to watch Naeher with the U.S. national team. On Monday, the 36-year-old goalkeeper announced her retirement from the USWNT. Though Naeher will continue to play in the NWSL with the rebranded Chicago Stars FC for at least one more season, Saturday’s friendly against England and Tuesday’s meeting with the Netherlands will mark the end of Naeher’s iconic run with the USWNT.

Alyssa Naeher on USWNT retirement: ‘It takes a lot out of you’

Naeher’s retirement marks the end of an era for the USWNT. Since making her senior national team debut in December 2014, Naeher has been an essential part of an incredible run. The Connecticut native is a two-time World Cup winner and played every minute of the USWNT’s run to a gold medal during the 2024 Paris Olympics.

Naeher progressed to a starting role in the aftermath of the 2016 Olympics, which was Hope Solo’s final tournament before her dramatic falling-out with U.S. Soccer. In the eight years since, Naeher has amassed the kind of stats that will see her walk away as a USWNT legend: 113 caps, 88 wins, and 68 shutouts — totals that trail only Solo and Briana Scurry.

Per Naeher, that success was not easy, with the goalkeeper admitting to reporters on Wednesday that the high standards required with the USWNT can be draining, regardless of how proud players are to represent their country at the highest level.

‘I feel very fulfilled with what we’ve been able to do, and it takes a lot out of you, honestly,’ said Naeher. ‘I’ve given everything I’ve had to this team, and I don’t do anything halfway. … Coming off of the Olympics, having the year that we had, entering into a new cycle, a new stage for this team, it just felt like I’ve kind of given everything I have to give to this team, and it just felt like the right time.’

Naeher said that the fact that she will be 39 when the next World Cup rolls around in 2027 weighed on her mind, and that the team’s ‘three-four year cycles with World Cups and Olympics specifically’ were factors in her decision-making.

‘You get to the end of any year, any season, and you just reevaluate where you’re at, mentally, physically, emotionally,’ Naeher said. ‘I feel very, very proud of the career that I’ve had, and what we’ve been able to accomplish as a team in these last 10-to-15 years.’

Naeher said that she was ‘nervous’ to tell USWNT coach Emma Hayes of her decision, but said the manager was ‘very supportive…very thankful’ for what the longtime starter had done for the team.

‘It’s the right time, and I feel good about, and I feel at peace with it. It’s still the end of something, and change is scary,’ said Naeher. ‘I’m gonna miss being a part of these camps and this team, and I think to have that conversation made it very real.’

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Ex-Giants QB to sign with NFC playoff contender

Daniel Jones didn’t need long to formalize his next step after his abrupt split with the New York Giants.

After going unclaimed on waivers Monday, the sixth-year veteran quarterback is set to sign a contract with the Minnesota Vikings, coach Kevin O’Connell confirmed Wednesday. The one-year deal through the remainder of the season is worth $375,000, per reports. Jones is expected to start out on the Vikings’ practice squad, leaving him free to sign with another team if another opportunity arises.

Jones, 27, was officially waived by the Giants on Saturday after the team said Friday it came to a mutual agreement to separate with the longtime starter after his benching earlier in the week.

New York (2-9) opted to make the switch behind center coming out of its bye week. Jones threw two interceptions in the Giants’ 20-17 overtime loss to the Carolina Panthers before the break, with the defeat extending the team’s losing streak to five games. After the game, Giants coach Brian Daboll said the team would evaluate all of its options.

With a $23 million injury guarantee for 2025 in his contract, Jones was buried on the depth chart after his benching, with starter Tommy DeVito, backup Drew Lock and recently signed Tim Boyle all ahead of him.

All things Vikings: Latest Minnesota Vikings news, schedule, roster, stats, injury updates and more.

Dropped a little more than 20 months after he signed four-year, $160 million contract with the Giants, Jones had just eight touchdown passes this season with seven interceptions this season. Through 11 weeks, his 79.4 passer rating in 2024 ranked 32nd among qualified passers.

In Minnesota, Jones should slide in as the backup to Sam Darnold as the Vikings (9-2) prepare for a possible playoff run. Rookie J.J. McCarthy was lost for the season after undergoing meniscus surgery in August, leaving Nick Mullens and Brett Rypien as the fallback options behind Darnold.

“I got to know him through the draft process years ago,’ O’Connell said of Jones on Monday when asked about the possibility of signing him. ‘I’m sure, now that he’s a free agent, there’s probably a ton of league-wide interest in him. I can just say I’ve been a fan of Daniel’s for a long time and hope wherever his next stop takes him, it’s a good opportunity for him.’

This story has been updated to include new information and a new video.

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