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September 26, 2025

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

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

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

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

New 52-Week Highs Finally Picking Up

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

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

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

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

Trend Check: GoNoGo Still “Go”

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

Active Bullish Patterns

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

Failed Bearish Patterns

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

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

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

Perth, Australia (ABN Newswire) – American Uranium Limited (ASX:AMU,OTC:GTRIF) (OTCMKTS:GTRIF) is pleased to advise that The State of Wyoming’s Land Quality Division (LQD) has now approved AMU’s resource development drilling program. The first phase of drilling is expected to commence during the coming quarter with further details the timing of the drilling and hydrogeolical testing to be provided in due course.

Highlights

– Lo Herma resource expansion and infill drilling campaign approval received

– Phase one drilling to focus on resource expansion and is expected to start Q4 2025

AMU CEO and Executive Director Bruce Lane commented:

‘We are delighted that our upcoming resource expansion drilling program at Lo Herma is now approved to proceed. The first phase of the program will target expansion of the resource base with a focus on extensions of the known trends to the north of planned mine units one and two. The program is targeting an increase of the current 8.57Mlbs (32% indicated) eU3O8Mineral Resource Estimate by converting Exploration Target Range mineralisation for Lo Herma which currently stands at 5.6 to 7.1 million tonnes at a grade range of 500 ppm to 700 ppm eU3O8. This work is expected to feed into an updated Mineral Resource Estimate and Scoping Study in 2026 positioning us to deliver value from America’s nuclear energy revival.’

The potential quantity and grade of the exploration target is conceptual in nature, there has been insufficient exploration to determine a mineral resource and there is no certainty that further exploration work will result in the determination of mineral resources.

Lo Herma Resource Development Drilling

As previously advised on 18 September 2025, AMU’s drilling permit is for up to 121 drill hole locations with up to 37,500 metres (approximately 123,000 feet) of drilling.

The drilling is designed to achieve multiple objectives critical to advancing the Lo Herma Project. The primary goals include an initial phase of step-out drilling to target resource expansion to the north of both proposed MU1 and MU2, (Figure 1) where there is potential to increase the Project’s overall resource base. A second phase of infill drilling is planned to upgrade Inferred Mineral Resources to Indicated or Measured category within MU1 and MU2, thereby increasing resource confidence.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/D19Q15DL

About American Uranium Limited:

Lo Herma is American Uranium Limited’s (ASX:AMU,OTC:GTRIF) (OTCMKTS:GTRIF) flagship and most advanced ISR uranium development project, leading our project portfolio and strong presence in Wyoming’s Powder River Basin. Whilst Lo Herma is AMU’s first priority, we also hold significant projects in Wyoming’s Great Divide Basin/Green Mountain district and Utah’s Henry Mountains with each offering potential for further growth across proven uranium districts. Located in Wyoming’s premier uranium basin, the 13,500-acre Lo Herma project hosts a JORC compliant resource of 8.57 Mlb U3O8 with substantial growth potential. A recent positive Interim Scoping Study confirms low-cost development potential with drilling ready to expand and upgrade the resource. Surrounded by major ISR producers and backed by strategic investors, Lo Herma is well positioned to support America’s future uranium supply independence.

Source:
American Uranium Limited

Contact:
Jane Morgan
Investor and Media Relations Manager
jm@janemorganmanagement.com.au

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce that it will offer (the ‘Offering’) up to 17,500,000 units (each, a ‘Unit’) by way of non-brokered private placement at a price of $0.20 per Unit for gross proceeds of up to $3,500,000. Each Unit will consist of one common share of the Company (each, a ‘Share’) and one-half-of-one share purchase warrant (each whole warrant, a ‘Warrant’). Each Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.30 for a period of twenty-four months following closing of the Offering, subject to accelerated expiry in the event the closing price of the Shares is $0.50 or higher for ten consecutive trading days.

The Company expects to utilize the proceeds of the Offering for advancement of ongoing exploration and drill work at the La Union Gold and Silver Project, upcoming exploration work at its North Island Copper Property and for general working capital purposes.

In connection with completion of the Offering, the Company will pay finders’ fees to eligible third-parties who have introduced subscribers to the Offering. All securities issued in connection with the Offering will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. Completion of the Offering remains subject to receipt of regulatory approvals.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268095

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a retreat from its campaigning spirit under parent company Unilever.

Greenfield wrote in an open letter late Tuesday night — shared on X by his co-founder Ben Cohen — that he could no longer ‘in good conscience’ remain an employee of the company and said the company had been ‘silenced.’

He said the company’s values and campaigning work on ‘peace, justice, and human rights’ allowed it to be ‘more than just an ice cream company’ and said the independence to pursue this was guaranteed when Anglo-Dutch packaged food giant Unilever bought the brand in 2000 for $326 million.

Cohen’s statement didn’t mention Israel’s ongoing military operation in Gaza, but Ben & Jerry’s has been outspoken on the treatment of Palestinians for years and in 2021 withdrew sales from Israeli settlements in what it called ‘Occupied Palestinian Territory.’

Greenfield’s resignation comes five months after Ben & Jerry’s filed a lawsuit accusing Unilever of firing its chief executive, David Stever, over his support for the brand’s political activism. In November last year Ben & Jerry’s filed another lawsuit accusing Unilever of silencing its public statements in support of Palestinian refugees.

‘It’s profoundly disappointing to come to the conclusion that that independence, the very basis of our sale to Unilever, is gone,’ Greenfield said.

‘And it’s happening at a time when our country’s current administration is attacking civil rights, voting rights, the rights of immigrants, women, and the LGBTQ community,’ he added.

Jerry Greenfield, left, and Bennett Cohen, the founders of Ben and Jerry’s founders, in Burlington, Vt., in 1987.Toby Talbot / AP file

Richard Goldstein, the then president of Unilever Foods North America, said in a statement after the sale in 2000 that Unilever was ‘in an ideal position to bring the Ben & Jerry’s brand, values and socially responsible message to consumers worldwide.’

But now Greenfield claims Ben & Jerry’s ‘has been silenced, sidelined for fear of upsetting those in power.’ He said he would carry on campaigning on social justice issues outside the company.

The financial performance of the Ben & Jerry’s brand isn’t made public but Unilever’s ice cream division made 8.3 billion Euros ($9.8 billion) in revenue in 2024. Unilever is in the process of spinning off its ice cream division, however, into a separate entity which involves cutting some 7,500 jobs across its brands globally.

Cohen and Greenfield founded the business in 1978 in Burlington, Vermont, where it is still based.

NBC News has contacted Unilever for comment overnight but had not received any at the time of publication.

This post appeared first on NBC NEWS

WASHINGTON — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to a theater, according to a new poll.

About three-quarters of U.S. adults said they watched a new movie on streaming instead of in the theater at least once in the past year, according to the survey from The Associated Press-NORC Center for Public Affairs Research, including about 3 in 10 who watched new movies on streaming at least once a month.

Meanwhile, about two-thirds of Americans said that they’ve watched a recently released movie in a theater in the past year, and only 16% said they went at least once a month.

The results suggest that, on the whole, American moviegoers are more likely to stream a film than see it in the theaters, a shifting tide that was only accelerated during the COVID-19 pandemic and its aftermath. Convenience and cost are both factors for many people who can’t find the time to go to a theater or pay the increasingly high price for a ticket.

Sherry Jenkins, 69, of New Jersey, turns to streaming for all of her moviegoing needs.

“It’s much more convenient,” Jenkins said. “I can watch anything I want, I just have to wait a month or two after the movies are released because they usually go to streaming pretty quickly.”

In the post-pandemic era, films end up on streaming services more quickly. In 2017, a 90-day exclusive theatrical window was common. Now, theaters are fighting for an industrywide standard of 45 days. For studios, the strategy seems to be different for every movie. This year’s best picture winner, “Anora,” had a 70-day exclusive theatrical window. “Wicked,” meanwhile, was available to purchase on demand only 40 days after opening in theaters — and that was a case in which the film was, and continued to be, a box-office hit. It was also profitable on streaming.

There is some overlap between theatergoers and people who opt for streaming — 55% of U.S. adults have seen a new movie in a theater and skipped the theater in favor of streaming at least once in the past year — but only watching new movies on streaming is more common than only going to the theater.

Some in the film industry believe that movies that start in theaters still have more cultural cachet, but Jenkins doesn’t see it that way.

“The studios now are so closely affiliated with the streaming services,” Jenkins said. “There’s really no logic behind why some skip the theaters.”

The last time she regularly went to the movie theaters was, she thinks, about 20 years ago. But as a tech-savvy retiree, there just hasn’t been enough of a reason to make the trek to the theater. A subscriber to Acorn, BritBox, Paramount+, Peacock, Netflix and Hulu, Jenkins doesn’t even see the need for cable anymore.

“People tell me, ‘Oh, you have to go to the theaters and see ‘Top Gun: Maverick,’ ” Jenkins said. “But my TV is 75 inches, and I’m comfortable. I’m at home.”

Maryneal Jones, 91, of North Carolina, said she likes to go to the movies but finds them too expensive.

“There’s some movies I would like to see, and I say to myself, I’ll just wait until they show them on TV or I’ll go visit a friend who has those apps,” Jones said. “But I just don’t want to pay 12 bucks.”

The average cost of a movie ticket in the U.S. is $13.17, according to data firm EntTelligence. In 2022, it was $11.76.

Jones does not subscribe to any streaming services, but she also sees more movies in theaters than many others. She estimates she sees about six to eight a year. Recent films she’s watched in the theater include “The Life of Chuck” and the French romantic comedy “Jane Austen Wrecked My Life.”

The AP-NORC poll also indicates that streaming may be a more accessible option for lower-income Americans. Higher-income adults are more likely than low-income adults to be at least occasional moviegoers for new releases, but the gap is smaller for watching movies on streaming instead of going to the theater.

New movies are more popular among young adults, regardless of how they see them. But streaming is more of a go-to for the younger generation.

Slightly less than half of adults under age 30 say they watched a recently released movie on streaming instead of going to the theater at least once a month in the past year, compared with about 2 in 10 who watched a movie in the theater with that frequency.

Eddie Lin, an 18-year-old student in Texas, said he mostly watches movies at home, on streamers like Crunchyroll, Hulu, HBO Max and Prime Video, but will go to the theaters for “bigger things” like “A Minecraft Movie,” which is the biggest movie of the year in North America.

“A couple of my friends wanted to see it,” Lin said. “And there were the memes. I felt like the audience would be more interactive and it would be enhanced by being there with, like, a bunch of people.”

While streaming will continue to be formidable competition for audience attention and dollars, there has also been rising interest in the value of seeing certain films in IMAX or on other premium format screens, whether it’s “Sinners” or “Oppenheimer.”

The North American box office is currently up more than 4% from last year, but the industry has struggled to reach pre-pandemic levels of business. Compared with 2019, the annual box office is down more than 22%.

“I used to go more when I was younger, with my family, seeing all the Marvel movies up to ‘Endgame,’ “ Lin said. “I like movie theaters. It’s an experience. For me, it’s mostly a time thing. But I do feel like a certain charm of watching movies in theaters is gone.”

This post appeared first on NBC NEWS