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Watch: Haliburton’s game-winner completes NBA Finals Game 1 comeback

Sport 2 Mins Read

Indiana Pacers superstar Tyrese Haliburton did it again.

The Pacers trailed the Oklahoma City Thunder by as much as 15 points in the fourth quarter of Game 1 of the NBA Finals, but Indiana completed an epic comeback to steal the game on the road in Oklahoma City, thanks to a go-ahead shot from Haliburton.

‘We are a resilient group. We don’t give up until the clock hits zero,’ Haliburton said after the game. ‘We do a great job of just staying in the moment… We just walk teams down.’

The Pacers were within one point of the Thunder with 11 seconds remaining in the game, 110-109. The Pacers’ Aaron Nesmith rebounded a missed shot from Thunder’s Shai Gilgeous-Alexander and pushed the ball up the court to Haliburton, who nailed a 21-foot jumper to take a 111-110 lead with .3 seconds remaining. It marked the Pacers’ first lead of the game and Indiana held onto to take Game 1.

The Pacers have overcome five 15-point deficits this postseason alone:

  • June 5: at Thunder (15-point deficit)
  • May 21: at Knicks (17-point deficit)
  • May 13: at Cavaliers (19-point deficit)
  • May 6: at Cavaliers (20-point deficit)
  • April 29: vs. Bucks (20-point deficit)

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This post appeared first on USA TODAY

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Sport

Caitlin Clark reacts to Pacers’ thrilling victory in Game 1 of Finals

Sport 1 Min Read

Indiana Fever star Caitlin Clark had the same reaction as most basketball fans on Thursday, June 5, as the Pacers shocked the Oklahoma City Thunder with a late rally to win Game 1 of the NBA Finals.

Pacers star Tyrese Haliburton scored the game-winner with a 21-foot pull-up jump shot before the buzzer.

“You cant make it up,” Clark said in a post on X that was followed up by 17 laughing emojis.

The Fever guard has been at several home games for the Pacers this postseason to witness what she has described as the ‘greatest comeback team’ she has seen. 

The Pacers have staged several big comebacks these playoffs, a few of them capped by Haliburton game-winners.

Clark could potentially be in attendance for Game 3 on Wednesday, following the Fever’s road game against the Atlanta Dream on Tuesday. She is out with an injury, but gave her first public comments Thursday since getting hurt, saying there’s a ‘possibility’ she will play.

The USA TODAY app gets you to the heart of the news — fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

This post appeared first on USA TODAY

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Sport

Texas vs. Texas Tech softball highlights: Red Raiders force Game 3

Sport 12 Mins Read

The Women’s College World Series national championship series is headed for a winner-take-all Game 3.

Canady struck out Kayden Henry to finish off the victory. She allowed two earned runs on six hits and collected six strikeouts in her complete game effort. Meanwhile, Texas did not use its ace Teagan Kavan until the sixth inning, after Citlaly Gutierrez found herself in a jam.

The Red Raiders scored their first run in the bottom of the fifth inning when Alana Johnson was hit by a pitch with the bases loaded. The second run came across on a wild pitch. Mia Scott homered in the top of the sixth inning to bring the Longhorns back into the game.

In the bottom of the sixth inning, Texas Tech added two insurance runs, which were all needed as Texas fought back at the end before ultimately coming up short.

The last WCWS Game 3 occurred in 2021, when Oklahoma stormed back after losing the opening game to Florida State to win the last two to win the national championship.

USA TODAY brought you live updates, scores and highlights from the game. Check it out.

Watch WCWS finals with ESPN+

Texas vs Texas Tech softball live score

This section will be updated

Texas vs Texas Tech softball live updates

Final: Texas Tech 4, Texas 3

Texas Tech evens WCWS final series 1-1

NiJaree Canady strikes out Kayden Henry to end the ball game as Texas Tech squeaks out the 4-3 victory to force a Game 3 tomorrow night to determine the national champion.

Katie Cimusz drives in another Texas run

Katie Cimusz lines out to left field, but plates a run to make it 4-3. The Longhorns still have a runner in scoring position and one out, for the top of the order.

Leighann Goode double drives in run

Leighann Goode drives in a run on an RBI double and the Longhorns have runners on second and third with zero outs. It’s 4-2 Texas Tech.

Katie Cimusz is pinch hitting.

Texas sends tying run to plate

Texas is sending the tying run to the plate with zero outs following an error and hit by pitch to open the top of the seventh inning.

Leighann Goode is up to the plate with a chance to tie the game with a home run. She has nine home runs on the season.

End of sixth inning: Texas Tech 4, Texas 1

Mihyia Davis single pushes Texas Tech lead to three runs

Mihyia Davis singles to score Victoria Valdez from second base to extend the Texas Tech lead to 4-1. That’s the first run scored on a hit tonight for the Red Raiders.

Bailey Lindemuth extends Texas Tech lead

Bailey Lindemuth greets Teagan Kavan with a flyball to center field to score pinch runner Makayla Garcia from third base to extend the Texas Tech lead to 3-1 in the bottom of the sixth inning.

Teagan Kavan enters for Texas

Trying to keep it a one-run game going into the seventh inning, Mike White has elected to bring in ace Teagan Kavan with runners on the corners and one out.

Texas Tech threatening to pad lead

An error by Texas first baseman Joley Mitchell has runners on the corners and just one out in the bottom of the sixth inning. Texas Tech is challenging for a potential obstruction at first base as Victoria Valdez ran into second baseman Kaydee Bennett after reaching first base. The call was upheld, no obstruction.

Citlaly Gutierrez in circle for Texas

Citlaly Gutierrez enters the circle for Texas in the bottom of the sixth inning. Texas may lose tonight, but will have a fresh Teagan Kavan tomorrow.

Texas Tech three outs away from tying WCWS finals

NiJaree Canady bounces back from the Mia Scott home run by striking out Reese Atwood for the second time tonight, and then gets Joley Mitchell to foul out to third base.

The Red Raiders are three outs away from trying the WCWS championship series 1-1, forcing a Game 3 on Friday.

Mia Scott homers to cut Texas Tech lead to 2-1

Mia Scott hits a one-out solo home run to get Texas a run back in the top of the sixth inning. That home run had an exit velocity of 80 mph. She’s the career World Series leader with four home runs.

End of fifth inning: Texas Tech 2, Texas 0

Texas Tech scores two in fifth inning

Texas Tech is six outs away from forcing a Game 3 following a two-run fifth inning. The Red Raiders loaded the bases with two outs and were able to plate two runs on a hit by pitch and a wild pitch.

Raegan Jennings led off the inning with a single, with Mihyia Davis adding a one-out double. Lauren Allred walked to load the bases with two outs. Alana Johnson drove in the first run when she was hit by a pitch on her thigh.

The Red Raiders scored their second run on a wild pitch from Camrbia Salmon on a changeup that got past catcher Reese Atwood.

Texas Tech scores second run on wild pitch

A wild pitch by Cambria Salmon gets by catcher Reese Atwood, and that scores the second run of the inning for the Red Raiders.

Alana Johnson hit by pitch scores first run

With the bases loaded and two outs in the bottom of the fifth inning, Alana Johnson is hit by a pitch to plate the first run of the game and give Texas Tech a 1-0 lead.

Teagan Kavan warming up for Texas

Teagan Kavan is warming up in the bullpen for Texas in the bottom of the fifth inning. She could be entering when the Red Raiders have the top of their order come to the plate.

NiJaree Canady records first 1-2-3 inning

NiJaree Canady records her first 1-2-3 inning of the evening in the top of the fifth inning. She picks up her fourth strikeout in the process.

Demi Elder recorded a diving catch to start the inning.

End of fourth inning: Texas Tech 0, Texas 0

1-2-3 fourth inning for Cambria Salmon

Cambria Salmon records a 1-2-3 fourth inning, as all three outs are recorded by second baseman Kaydee Bennett. The Red Raiders have just one hit since the first inning.

NiJaree Canady escapes fourth-inning jam

Sandwiched around a pair of strikeouts, Texas has a pair of singles to put runners on the corners with two outs. However, NiJaree Canady gets Victoria Hunter to ground out to shortstop to end the inning.

Canady had just one strikeout entering the inning. She now has three through four innings.

Mike White says Teagan Kavan ‘could’ pitch tonight

In an interview before the fourth inning with ESPN’s Holly Rowe, Texas coach Mike White says Teagan Kavan could be available to pitch tonight. He also said the plan is currently for Cambria Salmon to follow the lead of Mac Morgan to pitch through the lineup once.

End of third inning: Texas Tech 0, Texas 0

Game 2 of WCWS finals is scoreless through 3 innings

We’re through three scoreless innings in Game 2 of the WCWS championship series. Freshman pitcher Cambria Salmon allows a leadoff single to Mihyia Davis, but then gets the next three hitters out to escape any threat.

Texas third baseman Mia Scott made a pair of key putouts in the inning. Her defense in the WCWS has been a major key for the Longhorns.

Cambria Salmon stats

Cambria Salmon has posted a 2.37 ERA in 59 innings in her freshman season. She has struck out 65 and walked 19 batters. Her last outing was May 23 vs. Clemson.

Cambria Salmon takes over for Mac Morgan

Freshman pitcher Cambria Salmon has taken over for Mac Morgan in the circle in the bottom of the third inning.

End of second inning: Texas Tech 0, Texas 0

Ashton Maloney records web gem catch to end Texas Tech second

Defense is taking over in the second inning of Game 2 of the WCWS finals. Texas right fielder Ashton Maloney makes a diving catch to rob Bailey Lindemuth of a potential hit to end the second inning.

Mac Morgan bounces back from a long first inning with a 1-2-3 second inning.

Texas Tech turns double play to end Texas second

NiJaree Canady walks Katie Stewart with one out on a full count, but bounces back to induce a groundball double play off the bat of Victoria Hunter to end the second inning.

NiJaree Canady makes highlight-reel catch

NiJaree Canady lays out for a diving catch on a bunt attempt by Texas catcher Joley Mitchell. That’s the first out of the top of the second inning as Canady dives to the first base side to make the grab.

End of first inning: Texas Tech 0, Texas 0

Mac Morgan escapes bases-loaded jam

Mac Morgan loads the bases with one out, but gets Alexa Langeliers to ground out to first base for a force out at home and then NiJaree Canady to shortstop to escape the jam.

That’s two straight days the Red Raiders load the bases in the first inning but cannot push across a run.

Texas Tech loads the bases in first inning

Texas Tech loads the bases with back-to-back singles and a four-pitch walk against Mac Morgan. The Red Raiders also loaded the bases in Game 1 in the first inning on Wednesday but did not score a run.

Alexa Langeliers is at the plate.

NiJaree Canady pitches scoreless first inning

Texas gets two hits in the inning, but a throw-out at second from catcher Victoria Valdez helps NiJaree Canady escape the first inning unscathed.

The Longhorns had just four hits in six innings off Canady on Wednesday.

Patrick Mahomes in attendance of Game 2 of WCWS finals

Texas challenges for obstruction

After Kayden Henry singles up the middle, she attempts to steal second base. She is thrown out by catcher Victoria Valdez. However, Texas challenges the call for a potential obstruction. The call is upheld and Henry is ruled out.

Game 2 of WCWS final underway

NiJaree Canady induces a ground out from Ashton Maloney on the second pitch to get Game 2 underway from the WCWS championship series.

Pregame

Mac Morgan vs Tennessee in WCWS semifinal, revisited

While Texas Tech hitters may be relieved to not see Teagan Kavan tonight, Mac Morgan won’t be an easy matchup either. Morgan limited Tennessee to three hits in four scoreless innings on Monday in the semifinals. She collected four strikeouts and walked just one batter.

NiJaree Canady stats

Texas Tech ace NiJaree Canady has posted a 33-6 record with a 0.94 ERA in 232 innings in 2025. She has struck out 311 hitters this season to just 44 walks.

Canady had seven strikeouts in six innings on Wednesday. She allowed two runs on four hits.

NiJaree Canady gets start for Texas Tech

NiJaree Canady is back in the circle for Texas Tech in the must-win Game 2 of the WCWS championship series. Canady’s one blemish, a misfire on an intentional walk 3-0 pitch to Reese Atwood, was the difference in Game 1.

If Canady can deliver like she has the rest of the postseason, the Red Raiders could be well-positioned to force a Game 3.

Texas Tech starting lineup for WCWS final Game 2

Here’s a look at the Red Raiders’ starting lineup for the win-or-go-home Game 2

  1. Mihyia Davis, CF
  2. Hailey Toney, SS
  3. Lauren Allred, 1B
  4. Alana Johnson, RF
  5. Alexa Langeliers, 2B
  6. NiJaree Canady, P
  7. Demi Elder, LF
  8. Victoria Valdez, C
  9. Bailey Lindemuth, 3B
  10. Brenlee Gonzales, DP

Mac Morgan starting pitcher for Texas

Texas is going with Mac Morgan over Teagan Kavan for Game 2 of the WCWS final. Morgan has a 3.23 ERA in 73 2/3 innings this season. Her last appearance was against Tennessee on June 2.

Mike White is likely saving Kavan for if the Longhorns get a lead to close out the championship. If Texas Tech gets ahead, he has a fresh ace for the winner-take-all Game 3.

Texas starting lineup for WCWS final Game 2

Here’s the Longhorns’ starting lineup for the second game of the WCWS final:

  1. Ashton Maloney, RF
  2. Kayden Henry, CF
  3. Mia Scott, 3B
  4. Reese Atwood, C
  5. Joley Mitchell, 1B
  6. Katie Stewart, LF
  7. Victoria Hunter, DP
  8. Leighann Goode, SS
  9. Kaydee Bennett

Starting pitcher: Mac Morgan

Texas Tech needs win to keep season alive

Texas is just one win away from winning its first national championship in program history, while Texas Tech needs to win today to force a winner-take-all Game 3 on Friday. The Red Raiders are also looking for their first national championship.

First pitch is set for 8:50 p.m. for WCWS finals game 2

First pitch for Game 2 of the WCWS finals between Texas and Texas Tech is set for 8:50 p.m. ET. That means the game will start 50 minutes after the initial scheduled first pitch time.

Texas-Texas Tech enters weather delay

Game 2 of the Texas-Texas Tech matchup in the WCWS finals is delayed from its original first pitch time of 8 p.m. ET due to inclement weather in the Oklahoma City area. First pitch will be no earlier than 8:45 p.m. ET.

You can keep up here for live updates about the WCWS game.

What time does Texas vs Texas Tech softball start?

  • Time: 8 p.m. ET
  • Date: Thursday, June 5
  • Location: Devon Park (Oklahoma City)

First pitch for Game 2 of the WCWS finals is scheduled for 8 p.m. ET from Devon Park in Oklahoma City.

What TV channel is Texas vs Texas Tech softball on today?

  • TV channel: ESPN
  • Streaming: ESPN app | ESPN+

Game 2 of the national championship series between Texas and Texas Tech will air live on ESPN, with streaming options on the ESPN app (with a cable login) and ESPN+, the latter of which serves as the network’s streaming service.

WCWS finals schedule

  • Wednesday, June 4: No. 6 Texas 2, Texas Tech 1
  • Thursday, June 5: Texas vs. Texas Tech | 8 p.m. | ESPN (ESPN+)
  • Friday, June 6: Texas vs. Texas Tech | 8 p.m. | ESPN (ESPN+) *

* If necessary

This post appeared first on USA TODAY

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Editor's pick

This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

Editor's pick 3 Mins Read

As more parts of the world face intense drought, new technologies are emerging to clean and reuse existing water. Investors are seeing potential for big profits.

Water treatment is expensive. It uses a lot of energy and produces its own waste that gets disposed of at a hefty price. Capture6, a startup in Berkeley, California, says it’s developing a solution, and one with an added benefit to the environment.

Capture6′s technology repurposes industrial and water treatment waste, generating clean water and capturing carbon dioxide from the atmosphere.

“That combination of water treatment, brine management, and carbon capture all at once is part of what makes us unique, what makes our process innovative,” said Capture6 CEO Ethan Cohen-Cole, who co-founded the company in 2021. “We are able to do so at reduced energy costs.”

The process is complex. It starts with the waste from any sort of water treatment process. Once the solids are removed, that waste is called brine, which is leftover water plus concentrated salt — sodium chloride. Treatment facilities usually have to pay to get rid of it.

But Capture6 takes that brine, strips out the fresh water and separates the salt into sodium and chlorine. It then turns the sodium into lye.

“That lye has the really neat property that if you expose it to the air, it will bond with CO2 and strip it from the air, and that’s the punch line to the process,” said Cohen-Cole. “We have processed the waste salt, we’ve returned fresh water to our partner, and we’ve captured CO2 from the air.”

It’s a particularly attractive proposition in areas most in need of clean water. Capture6 is working in Western Australia, South Korea, and in drought-stricken California, at the Palmdale Water District north of Los Angeles. The district is still testing the technology, but is already projecting huge cost savings in its brine management.

“It will save us 10% on that capital cost, as well as saving us 20 to 40% in operational costs,” said Scott Rogers, assistant general manager at Palmdale Water District. “We’re recovering anywhere from 94% to 98% water out of water that would just normally be wasted.”

Rogers says it’s early but when more facilities start using the technology, it will create a circular economy that can benefit the environment.

Capture6 has raised $27.5 million from Tetrad Corporation, Hyundai Motors, Energy Capital Ventures, Elemental Impact and Triple Impact Capital.

Cohen-Cole says the company’s entire process could run on renewable energy, so all of the CO2 that it captures will be net negative, improving the environment. That allows the company to generate added revenue by selling carbon credits.

It’s just one technology in a growing field of carbon capture, removal and sequestration. Others include direct air capture, burying carbon underground or injecting it into the ocean.

The Trump Administration recently canceled $3.7 billion worth of awards for new technology, including carbon capture, to fight climate change. Capture6 has received funding from the U.S. Department of Energy and from state-level sources including California, according to the company. So far, none of that has been canceled.

— CNBC producer Lisa Rizzolo contributed to this piece.

This post appeared first on NBC NEWS

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Editor's pick

Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

Editor's pick 3 Mins Read

Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports and the closure of the de minimis loophole, new data shows.

Temu’s U.S. daily active users (DAUs) dropped 52% in May versus March, before Trump’s tariffs were announced, while those at rival Shein were down 25%, according to data shared with CNBC by market intelligence firm Sensor Tower.

DAUs is a measure of the number of people who visit or interact with a platform every 24 hours. Monthly active users (MAUs), a measure of user engagement over a 30-day period, was also down at Temu (30%) and Shein (12%) in May versus March.

The declines were also reflected in both platforms’ Apple App Store rankings. Temu averaged a rank of 132 in May 2025, down from an average top 3 ranking a year ago, while Shein averaged a rank of 60 last month versus a top 10 ranking the year prior, the data showed.

Neither Temu nor Shein immediately responded to CNBC’s request for comment.

The user drop off comes as both Temu and Shein have pulled back on U.S. advertising spend over recent months since the Trump administration’s tariff announcements.

Trump in April announced sweeping tariffs on Chinese imports, including the end of the “de minimis” tariff exemption on May 2, which allowed companies to ship low-cost goods worth less than $800 to the U.S. tariff-free.

In May, Temu’s U.S. ad spend fell 95% year-on-year while Shein’s was down 70%.

“Temu and Shein’s decline in US ad spend was also noticeable in April, as spend decreased by 40% and 65% YoY, respectively,” Seema Shah, vice president of research and insights at Sensor Tower, said in emailed comments to CNBC.

Both Temu and Shein also altered their logistics models in the wake of tariffs, shifting away from a drop shipping model, which allowed them to send items directly from Chinese suppliers to U.S. consumers, and instead, particularly in Temu’s case, building up a network of U.S. warehouses.

Rui Ma, founder and analyst at Tech Buzz China, said such moves were also likely to have impacted the companies’ ad spend strategy and customer acquisition patterns.

“All these additional costs and regulatory hurdles are clearly hurting Chinese platforms’ U.S. growth prospects,” she wrote in emailed comments.

Tech Buzz China research from March showed that a 50% tariff would be the point at which Temu would lose most of its price advantages and find it difficult to operate. The tariff on former de minimis imports currently stands at 54%, having been lowered from 120% amid a 90-day tariff truce between the U.S. and China.

Last week, Temu’s parent company PDD Holdings reported first-quarter earnings below estimates and pointed to tariffs as a significant pressure on sellers.

Temu’s popularity has nevertheless picked up outside the U.S., with non-U.S. users rising to account for 90% of the platform’s 405 million global MAUs in the second quarter, according to HSBC.

Writing in a note last week, HSBC analysts said that was “supported by growth in Europe, Latin America, and South America.” They added that the swiftest of that growth occurred in “less affluent markets.”

“Many (Chinese platforms) are now actively redirecting their efforts toward other markets such as Europe,” Ma said.

This post appeared first on NBC NEWS

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Stock

Strategic Chaos or Tactical Goldmine? What QQQ’s Chart is Whispering Right Now

Stock 5 Mins Read

Despite the uncertainty prevailing in the markets, the Nasdaq 100 Index ($NDX) has proven resilient, perhaps more so than its peer benchmarks. The 90-day trade truce between the U.S. and China, initiated in May, boosted investor confidence. Yet that’s now at risk amid mutual accusations of violations.

Nevertheless, markets rallied on Tuesday morning after news that April job openings, one of a few key reports leading up to Friday’s jobs report, were better than expected. Still, signs of weakening demand, rising deficits, and declining CEO confidence suggest the economy remains fragile.

Why QQQ May Be Worth Watching Right Now

In light of the current environment, is it worth adding positions to Invesco QQQ Trust (QQQ), an $NDX proxy?

Shifting over to the StockCharts Market Summary page, you can see just how well $NDX is performing.

$NDX Breadth Metrics Reveal Bullish Participation

FIGURE 1. BREADTH AND BPI PANELS ON THE MARKET SUMMARY PAGE. While other indexes are growing increasingly bullish, you can see how the $NDX stands out.

Examining the Breadth panel on the left and zooming in on the moving averages, the $NDX has the most stocks trading above the 200-day simple moving average (SMA), a bullish signal considering that breadth of participation is critical when gauging the performance of an index. On the right panel, another breadth reading — the Bullish Percent Index (BPI) — tells you that 76% of the stocks in the index are triggering Point & Figure Buy Signals, giving you another angle on breadth, which happens to be in alignment.

Now that you’ve seen how $NDX is outperforming in terms of breadth, you’re probably curious about how many stocks are hitting new highs relative to the other indexes. Also, are there any particular standout subsectors or industries?

The New Highs panel can help answer both questions.

FIGURE 2. MARKET SUMMARY NEW HIGHS PANEL. The $NDX leads across the board, which asks the next question: Are there any standout sectors or industries represented within the index?

The $NDX has the highest percentage of stocks hitting new highs. If you click the Nasdaq 100 link, it will bring up a list of stocks in the index. The ones with a StockCharts Technical Rank (SCTR) score above 90 are listed below.

FIGURE 3. $NDX STOCKS WITH SCTR SCORES ABOVE 90. It’s a mixed bag in terms of industry.

The mix of subsectors and industries indicates there’s no one particular grouping (like all semiconductors or all AI stocks) leading the index. The $NDX’s outperformance is distributed across different areas.

So, back to the original question: is it worth entering or adding positions to QQQ?

Strategically, the outlook is murky. Geopolitical tensions and policy reversals can shift the market landscape overnight. But tactically, technical signals may offer potential entry points if you know where to look.

QQQ Weekly Chart: A Technical Rebound With Caveats

Let’s start with a broader view of QQQ, which is the likely investment vehicle for those who want to go long the $NDX. Here’s a weekly chart.

FIGURE 4. WEEKLY CHART OF QQQ. The ETF sharply recovered from a steep drop, but is there enough investor conviction to break above, or even test, its all-time high?

You can see how QQQ recovered sharply from its drop over the last quarter. While it’s trading above its 40-week SMA (equivalent to the 200-day SMA), you can also see how the 10-week SMA (or 50-day SMA equivalent) has fallen below it. Is it a false Death Cross signal, or is it indicating that the QQQ may not have enough momentum or investor conviction to test and break above its all-time high?

Zooming In: Key Support and Resistance Levels

To get a clearer picture, let’s zoom in on a daily chart.

This chart shows QQQ’s recovery in detail. There are several technical features converging to suggest critical support and resistance areas.

FIGURE 5. DAILY CHART OF QQQ. The key zones are highlighted. Now it’s a matter of seeing what QQQ does next.

Here’s a breakdown of the key things to watch:

  • Note the long Volume-by-Price levels (on the left) and how they correspond to the green- and yellow-shaded areas, indicating a high concentration of trading activity which can serve (or has served) as support and resistance.
  • The green range is where QQQ’s price is currently hovering, and the question is whether the ETF can break above it, opening up a path to test its all-time highs, or whether it will fall further.
  • The space between the 200-day SMA and the yellow-shaded area marks a critical support range. QQQ has respected the 200-day SMA before, bouncing off it as price tested the level (blue arrows).
  • The yellow-shaded area, another support range, marks a convergence of historical swing highs and lows (see blue arrows), serving as both resistance and support. It’s also another area of concentrated trading activity.

If QQQ falls below the green area, failing to advance higher, then you can expect support at the 200-day SMA (near $495) or the yellow-shaded range ($465 – $470). Below that, there’s another support range (shaded in red) near $430, but a decline to this level might also suggest weakness in investor conviction.

So far, the Relative Strength Index (RSI) is just below the 70-line, indicating room to run should there be enough momentum to advance it. However, the Chaikin Money Flow (CMF), though well above the zero line, shows that buying pressure may be dwindling a bit, enough to watch closely, since volume often precedes price direction.

At the Close

The Nasdaq 100 may be navigating a messy macro backdrop, but its breadth, momentum, and leadership show promise. Strategically, the terrain is uncertain. Tactically? The charts suggest a practical setup for those who are looking to lean into strength.

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 personal and financial situation, or without consulting a financial professional.

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Stock

Why ADX Can Mislead You — And How to Avoid It

Stock 1 Min Read

In this video, Joe walks through a comprehensive lesson on using the ADX (Average Directional Index) as part of a technical analysis strategy. Joe explains the key components of the ADX indicator, how to interpret DI+ and DI- lines, and how to identify strong or weak trends in the market. He also covers how to combine ADX with price action and volatility to improve timing and trading decisions.

In addition, Joe analyzes SPY, QQQ, IWM, and individual stocks like AMPX, UNH, and more, focusing on trend conditions, MACD, price structure, and key moving averages.

The video premiered on June 4, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

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Stock

S&P 500 on the Verge of 6,000: What’s at Stake?

Stock 4 Mins Read

A lot has happened in the stock market since Liberation Day, keeping us on our toes. Volatility has declined significantly, stocks have bounced back from their April 7 low, and the economy has remained resilient.

If you’re still feeling uncertain, though, you’re not alone. The stock market’s in a bit of a “wait and see” mode, going through a period of consolidation as it figures out its next move. 

The S&P 500 ($SPX) is hesitating to hit 6000 despite reclaiming its 200-day simple moving average (SMA). This indecision can leave investors feeling stuck in “no man’s land.” And it’s not just the S&P 500, either; most major indexes are in a similar scenario, except for small caps, which have been left behind. This could be because the market has priced in a delay in interest rate cut expectations.

Tech Is Taking the Lead

If you drill down into the major indexes, there is some action you shouldn’t ignore. Tech stocks have started to take the lead again, although momentum has been lacking. Over the past month, the Technology sector has been up over 4%.

FIGURE 1. S&P SECTOR ETF PERFORMANCE OVER THE LAST 30 DAYS. Technology is the clear leader with a gain of over 4%.Image source: StockCharts.com. For educational purposes. It’s encouraging to see tech stocks regain their leadership position. Tech is a major force behind the S&P 500 and Nasdaq Composite ($COMPQ). The daily chart of the Technology Select Sector SPDR Fund (XLK) shows the ETF has been trying to break above a consolidation range it has been stuck in since mid-May.

FIGURE 2. DAILY CHART OF XLK. Although the ETF has barely broken above its consolidation range, we need to see greater momentum to confirm a follow through to the upside.Chart source: StockCharts.com. For educational purposes.Nothing is standing in the way of XLK reaching its all-time high, but the momentum isn’t quite there yet. The 14-period relative strength index (RSI) is below 70 and looks to be stalling, pretty much in line with the overall stock market’s price action.

So, what’s the market waiting for? Maybe a catalyst, like Friday’s non-farm payrolls report. This week’s JOLTS, ADP, and ISM Services data didn’t move the needle much, but the NFP report could be the game changer.

S&P 500 Technical Forecast

Where could the S&P 500 go from here? Let’s dive into the weekly chart.

FIGURE 3. WEEKLY CHART OF THE S&P 500. The index is spitting distance to its all-time high. A break above the November high would clear the path to new highs.Chart source: StockCharts.com. For educational purposes.

The S&P 500 broke above its 40-week SMA on the week of May 12 and has held above it. However, it has been in a consolidation for the last month, similar to that of XLK.

The S&P 500 is approaching its November high of 6017. A break above it could push it toward new highs. On the flip side, if it slides below the 40-week SMA, it would be a cause for concern and could mean the May 12 gap-up could get filled. Keep an eye on the 5688 level. If the S&P 500 pulls back close to that level and turns around, it would be a healthy correction — an opportunity to buy the dip. A further downside move would mean exercising patience or unloading some of your positions.

What’s Going On With Gold and Bonds?

While stocks are grinding sideways, gold prices are rising, and bond prices are showing green shoots. This price action tells us that investors could be bracing for slower growth ahead. It’s not something to panic about — just something to watch.

You can get a quick look at what gold, bonds, and all the major indexes are doing by checking out the StockCharts Market Summary page and Your Dashboard.

So, what should you do?

Hold, add, or fold? That’s the big question. The market needs time to digest a lot, from economic data to geopolitical risks and policy headlines. Keep checking in and monitor the sectors, observe index performance, and note how other areas of the market, such as precious metals and bonds, are reacting.

 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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Investing

Satellite Imagery and Gold Exploration

Investing 4 Mins Read

Exploring for gold is a costly endeavor that often comes with great risks, especially for junior mining companies.

These small-scale companies are faced with the challenge of locating a metal that is extremely rare, and even if they do find it, they need to ensure gold is present in economically viable quantities.

That’s where the use of satellite imagery and remote sensing comes in. Using satellite systems scanning for gold helps explorers survey land without having to invest heavily in equipment or develop on-site infrastructure.

What was the original Landsat system?

When the first Landsat satellite was launched in 1972, geologists used sensors to collect simple data, such as surface features. They were able to get clues on potential mineral deposits beneath the surface, and could use the data for mapping. However, since then, imaging sensor technology has undergone rapid advancements that have allowed explorers to collect increasingly more useful data.

The very first sensors used on satellites were problematic, mainly because of their poor spectral resolution and inadequate spectral coverage. These limitations rapidly changed in the early 1980s with the launch of Landsat 4 and 5, which carried the Thematic Mapper scanning system. The system added coverage of the short-wave infrared and mid-infrared regions of the spectrum.

The Thematic Mapper scanning system is still used as an exploration tool, but newer satellites have been launched with better spectral resolution and accuracy when determining surface mineralogy.

Satellites are now fitted with hyperspectral sensors that identify materials without having to view them in person. Spectral data is collected by aircraft and satellites using infrared, near-infrared, thermal-infrared and short-wave technology. Geologists can use this data to pick out rock units and find clues about subsurface deposits of minerals, oil and gas and groundwater.

The technology in satellite systems has advanced to the point where they can be used to identify and map not only individual mineral species, but also chemical variations within the molecular structure of the crystal lattice of the mineral.

The resolution of sensors on satellites can’t be compared to aircraft spectral remote sensors, but these satellites do come with other advantages. For example, gold-prospecting satellite systems are able to collect more data from larger areas without having to fly any aircraft over the land of interest.

What are the benefits of satellite imagery in mineral exploration?

With the ability to determine texture and type from miles above the ground, locating, analyzing, identifying and mapping the composition of the Earth’s surface is now greatly advanced. Here are a few benefits of using satellites for detecting gold in mineral exploration.

Lower costs and risks

Satellite imagery helps reduce the cost of surveying land due to the fact that on-site personnel and equipment aren’t needed. Explorers can instead use a number of data sources to draw valuable insights for potential projects. This is especially helpful for juniors that have to justify risks to gather financing or begin operations.

Value across the lifecycle

Geospatial data is critical to mineral exploration, but it can also be applied to all phases of the mining lifecycle. Satellite images can be used to inform activities like building mine infrastructure or anticipating risks that are linked to a site’s geography. The relatively low cost and high utility of satellite imagery makes it a versatile technology for explorers.

Data abundance

The advancement of sensor technologies has allowed companies to combine valuable satellite data with other information sources like drone mapping, feasibility studies and historical data about geographical sites.

Satellite imagery also helps gather data that otherwise wouldn’t be attainable due to challenges in topography or climate. Diversifying information sources and increasing the sheer amount of available data means miners and scientists can gather new insights through their analysis.

Companies are also able to feed these large data sets into artificial intelligence and machine learning tools that assist with pattern recognition and dataset interpretation, speeding up target identification.

Satellite imagery certainly isn’t the only tool available to explorers, but it serves as an excellent complement to more accurate and resource-intensive technologies like LiDAR, GPS surveying and unmanned aerial vehicles.

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

This post appeared first on investingnews.com

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