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WASHINGTON − Kiki Iriafen celebrated her graduation from the USC Marshall School of Business for a few happy moments after the Washington Mystics practice Thursday, just a day away from the team’s season opener.

Iriafen donned a black graduation cap and got some video for social media along with fellow rookie Lucy Olsen, who is graduating from Iowa.

Iriafen, 22, has earned her master’s degree in entrepreneurship and innovation from USC after getting an undergraduate degree at Stanford in product design and mechanical engineering. Last month USC announced Iriafen was the Academic All-America Team Member of the Year for Division I.

Despite her academic accolades, she isn’t disappointed that she won’t get to walk in the traditional ceremony. “I graduated early last year so I was able to get my big graduation so I’m not super sad about it this year,” she said. “I’m more excited I get to play basketball instead. I can’t believe it’s actually here. We’ve had two preseason games, but tomorrow feels like the real deal. I’m excited to finally be able to compete and get the season rolling. My journey here has been kind of a roller coaster; I’ve had some highs, some lows. But I wouldn’t change a single thing because it’s made me who I am and brought me here.”

The Mystics open the season May 16 at home against the Atlanta Dream with a sense of excitement under first-year head coach Sydney Johnson and with a rookie class whom Johnson said plays with a veteran presence.

“I’m just hopeful that we can stay healthy because I think that’s such a big thing in terms of building momentum,” Johnson said. Last season the Mystics started on a 12-game losing streak after injury problems.

Last month Washington drafted Sonia Citron with the No. 3 pick, Iriafen at No. 4 and Georgia Amoore at No. 6. Olsen was the Mystics’ No. 23 pick in the second round, and Zaay Green was drafted 31st overall in the third round. (Green was waived May 14.)

Iriafen said she’s soaking up the moment on the eve of her first pro game.

“I’ve had great coaches who have really prepared me to play at this level. I think for me, what’s going to help me be successful is just being a sponge, understanding there’s a lot I can still learn,” she said.

The young team has already dealt with the disappointment of losing Amoore after she suffered a right ACL injury during practice April 30.

Iriafen was excited to come to Washington because of the number of draft picks the team had this year.

“You feel like you have a sister in it, going through the newness with you,’ Iriafen said. ‘Sonia, Georgia, Lucy, even Zaay, we were all really close. Everyone brought something different to the table, and I know now that things are solidified, we’re going to get closer and closer. It’s so funny because it’s only been a month, but I feel like I’ve known these women for years.”

Aaliyah Edwards won’t play against Atlanta due to a back injury and Shakira Austin is out with a leg injury. That could mean more minutes for Iriafen, Citron and Olsen to soak up their WNBA debut.

This post appeared first on USA TODAY

The 2025 PGA Championship, the second major tournament of the season in men’s golf, got underway at Quail Hollow Golf Club in Charlotte, North Carolina, with the top players in the world setting their sights on hoisting the Wanamaker Trophy. 

But so far, the household names we’ve come to know and love are nowhere to be found at the top of the leaderboard. There isn’t a single golfer ranked top-15 in the World Golf Rankings sitting in the top 15 of the tournament after Thursday’s play.

Jhonattan Vegas sits alone at the top, surging late to finish two shots clear of the field at 7 under.

Follow along as USA TODAY Sports hits the highlights of Thursday’s opening round: 

PGA Championship 2025 leaderboard

*-started round on hole No. 10

  • 1. Jhonattan Vegas -7 F*
  • T2. Cam Davis -5 F
  • T2. Ryan Gerard -5 F
  • T4. Stephan Jaeger -4 F
  • T4. Luke Donald -4 F
  • T4. Alex Smalley -4 F*
  • T4. Ryan Fox -4 F*
  • T4. Aaron Rai -4 F*

You can get the latest leaderboard updates and tee times here.

Jhonattan Vegas pulls ahead

The final three holes of the round have been difficult for other golfers today. Even Gerard and Davis were over par for their final stretch. Vegas is a different animal, though. He’s birdied each of his last two holes with just one to play. That’s enough to push him to 6-under, in sole possession of first place.

He added a birdie on No. 9, ending his day with three straight birdies. He had nine birdies on the day and leads after shooting a 7-under 64.

Jhonattan Vegas pulls even with Davis, Gerard

It might be late but the scoreboard is still getting shaken up. Jhonattan Vegas now has three birdies in his last four holes to pull even with Cam Davis and Ryan Gerard at 5-under. Vegas had a chance to take sole possession of the lead with a long eagle putt, but it fell far right, making the birdie putt somewhat difficult. Vegas didn’t feel the pressure though, drilling the birdie putt, giving him two holes for another birdie if he wants sole possession of first heading into Friday.

Justin Thomas from the water

Play it as it lies. That’s the rule, right? Well, Justin Thomas found himself in a very poor predicament on 18, with his ball just barely in play next to a creek. Thomas didn’t hesitate to start removing his socks and shoes. He took the shot with his khakis rolled up to his upper shins and somehow delivered a beautiful approach giving him an opportunity for par from within 12 feet.

Unfortunately for Thomas, he could not drain the par putt, overjudging the left-to-right break and leaving the ball left of the hole. Thomas may have had three straight birdies in the back nine, but he ended his round with a bogey.

Cam Davis falls back to -5

Davis had an opportunity to finish his round in sole possession of the lead. However, two bogeys in his last three holes put him back in a tie for first with Ryan Gerard. Both golfers struggled in the last stretch although Davis played the front nine to end his day, while Gerard played the back nine. Each player had their own issues, with Gerard struggling to find fairways on Holes 16-18, and Davis struggling near the green on Holes 7-9.

Justin Thomas three straight birdies

Justin Thomas has won the PGA Championship at Quail Hollow before. He did so in 2017, and he’s showing us how he did it right now with three straight birdies in the back-nine, two of which came from off the green.

Thomas got off to a very slow start, scoring three over through three holes. However, he’s slowly climbed back to respectability and now sits just 1-over par with two holes left to play.

Davis takes lead

A terrific tee shot on 6 gave Cam Davis an opportunity for a birdie, which he took full advantage of. Just two holes later, Davis had another opportunity to extend his lead to two strokes. It was a long putt, but the line looked good on hit. However, it died before the hole, sliding to the right of the cup. He heads into the final hole of the round with a 1-shot lead.

Cam Davis tied for the lead

Cam Davis’ sixth birdie of the day on Hole 13 has tied him for the tournament lead with Ryan Gerard. Davis has six birdies, six pars, and only one bogey, and with the hardest part of the course behind him, Davis could have a tremendous chance to create an enormous lead heading into Round 2.

Justin Rose, Brian Harman with back-to-back long birdie putts

A long putt from the fringe of the green is enough to get a group of golfers going crazy. But two back-to-back? That’s unheard of, yet Justin Rose and Brian Harman did just that. The two pair golfers each recorded birdies on the fifth hole with incredibly long putts from the edge of the green, Harman from the front and Rose from the fringe. Neither golfer has done particularly well thus far, with each entering the fifth hole over par, but perhaps those are the putts they needed to get back on track.

Ryan Gerard finished day with two bogies

Holes 16-18 have been devastating for golfers all day. Even leader Ryan Gerard had trouble with them. After a par on 16, Gerard bogeyed 17 and then hit his tee shot on 18 into a right-side bunker. No big deal, right? Well, Gerard then lipped his bunker shot, removing nearly all the power he had in his swing. He was off the beach, but was still off the green.

Gerard did well to save bogey, but in just two holes, he’d gone from three up on the field to just a single stroke lead. Regardless, a lead is a lead, and Gerard has been the best underdog story of Round 1 thus far.

Cameron Young opens round with 63-foot birdie putt

Cameron Young has struggled this year, but if his first hole is any indicator, he could be in for a great day at Quail Hollow. The New York native started his round on the Par 5 10th hole and reached the fringe of the green in three strokes. However, he would need a miracle to sink the birdie putt. Lo and behold, that’s exactly what he got.

And if that wasn’t enough, Young backed up the 63-footer on Hole 10 with a 27-footer for birdie on Hole 11. He’s now 2-under through two holes, en route to a fantastic afternoon.

Ryan Gerard provides fresh face atop PGA Championship leaderboard

25-year-old Ryan Gerard entered the first round of the PGA Championship as a longshot to win the event, but after Round 1, he’s turning heads. The 2023 temporary PGA Tour member earned his full card for the 2025 season after winning the 2024 BMW Charity Pro-Am on the Korn Ferry Tour. Now, he’s playing out of his mind at one of golf’s major tournaments.

Through 14 holes, Gerard sat at -5, then on 15, Gerard gave the crowd a chip-in that had a lot of speed, but the tournament leader lucked out, hitting the pin and knocking his shot into the cup for an eagle to move to 7-under. He’s now three shots up on the rest of the field with three holes to play.

Holes 16-18 have been the toughest part of the course today though. We’ll see if Gerard can maintain his lead.

Co-leader Stephan Jaeger struggles on 18

It had been a tremendous opening round for German golfer Stephan Jaeger, posting a score 5-under par through 17 holes, good enough for the co-lead. However, that string of greatness came to an end on the final hole of the round.

Jaeger opened 18 by hooking his tee shot into the creek in the right rough. After the drop, he landed his approach shot short of the green and into the left-side bunker. Jaeger was already lying 4 on the Par 4 18 and had yet to reach the green.

Jaeger’s bunker shot was fantastic, giving him an opportunity to save bogey, but the damage was already done.

Quail Hollow’s No. 16 is going to be a bear

Before Rory McIlroy, Scottie Scheffler and Xander Schauffele arrived at the 16th hole, no one had made a birdie on the 535-yard par 4.

McIlroy blew his tee shot into the penalty area on the left, and then his right foot slipped as he tried to play from the steep slope. His shot went halfway up the slope, leaving him 206 yards away from the hole for his third shot. But, amazingly, that was the best playing in the group because from the fairway, both Scheffler and Schauffele hit their second shots into the lake on the left and behind the green. 

After dropping, both Scheffler and Schauffele hit high pitch shots to the green that sailed well past the cup, while McIlroy, whose third shot landed short and right of the green in the rough, pitched his fourth shot to 12 feet and then missed the putt for bogey. 

Triple double.

— Golfweek

Luke Donald a surprising presence atop leaderboard

Luke Donald, the 2025 European Ryder Cup captain, is clearly not satisfied being a passive observer at this year’s PGA Championship. While he missed his 20-foot birdie putt on the 15th hole Thursday morning, he tapped in for par to remain a co-leader at 4 under. 

Coming into the event, the 47-year-old from England had played in three PGA Tour events – the Cognizant Classic in The Palm Beaches, the Valspar Championship and the Zurich Classic of New Orleans – and not made the cut at any of them. Donald lacks the distance and power of most players in their field, averaging just over 280 yards off the tee, but his short game is as tidy as ever and through 15 holes he leads the field in Strokes Gained: Putting with an eye-popping +4.4.  

— Golfweek

Wolken: After career Grand Slam, what’s left for Rory McIlroy?

As exhausting and frustrating and ultimately validating as the last decade was for Rory McIlroy, the next and final phase of his career might turn out to be the most interesting.

Above all else, when McIlroy dropped to his knees and unloaded years of emotion onto the 18th green at Augusta National last month, what he earned was a lifetime of mental freedom. For the first time since he was a teenager first coming out on the PGA Tour, there is no longer a single result or tournament that will dramatically change his place in history or, more importantly, his day-to-day happiness and well-being.

For a career Grand Slam champion, and now definitively the best player of the post-Tiger Woods generation, the compiler phase of his career is going to ask a question that none of us – McIlroy included – can yet answer.

What happens when someone like McIlroy has this much of his prime remaining with no white whale left to chase?

Read Dan Wolken’s full column on McIlroy’s future

Marquee group features top 3 players in world

The PGA Championship is known for its creative pairings, with an obvious (or not-so-obvious) theme running through several of the groups.

What will almost certainly be the most-watched threesome over the first two rounds this year at Quail Hollow also has a theme. Excellence.

The 8:22 a.m. group off the 10th tee on Thursday consists of the top three players in the world right now: No. 1 Scottie Scheffler, No. 2 Rory McIlroy and No. 3 Xander Schauffele. Expect them to raise each other’s games to new heights heading into the weekend.

Then again … after completing their first nine holes, Scheffler was at even par, McIlroy was 1-over and Schauffele was 2-over.

Where to watch the PGA Championship: TV Channel, streaming Thursday

The 2025 PGA Championship will be broadcast by ESPN during the first two rounds on Thursday and Friday, with ESPN and CBS slated to televise the final two rounds on Saturday and Sunday. ESPN+ and Fubo will have streaming coverage of all four rounds at the PGA Championship, while viewers can stream the action on Paramount+ during the weekend coverage.

  • TV channel: ESPN (starting at 11 a.m. ET)
  • Live stream: ESPN+ (6 a.m. – 11 a.m.) and Fubo (Fubo offers a free trial subscription)

Watch the 2025 PGA Championship with Fubo

PGA Championship tee times today

Notable tee times. For a full list of tee times, you can find Thursday’s starts here.

*All times listed are Eastern

Thursday (Hole 1)/Friday (Hole 10) pairings

  • 7:00 a.m./12:25 p.m.: Luke Donald, Padraig Harrington, Martin Kaymer
  • 7:11 a.m./12:36 p.m.: John Somers, Taylor Moore, David Puig
  • 7:22 a.m./12:47 p.m.: Kurt Kitayama, Nic Ishee, Alex Noren
  • 7:33 a.m./12:58 p.m.: J.T. Poston, Ryo Hisatsune, Tom Johnson
  • 7:44 a.m./1:09 p.m.: Davis Thompson, Bud Cauley, Nico Echavarria
  • 7:55 a.m./1:20 p.m.: Harris English, Michael Kim, Thomas Detry
  • 8:06 a.m./1:31 p.m.: Stephan Jaeger, Chris Kirk, Robert MacIntyre
  • 8:17 a.m./1:42 p.m.: Thorbjørn Olesen, Karl Vilips, Laurie Canter
  • 8:28 a.m./1:53 p.m.: Si Woo Kim, Sam Stevens, Rico Hoey
  • 8:39 a.m./2:04 p.m.: Bobby Gates, Lee Hodges, Ben Griffin
  • 8:50 a.m./2:15 p.m.: Thriston Lawrence, Nick Dunlap, Harry Hall
  • 9:01 a.m./2:26 p.m.: Greg Koch, Marco Penge, Ryan Gerard
  • 9:12 a.m./2:37 p.m.: Dylan Newman, Daniel van Tonder, Victor Perez
  • 12:30 p.m./7:00 a.m.: Michael Kartrude, Sami Valimaki, Jake Knapp
  • 12:41 p.m./7:11 a.m.: Erik van Rooyen, Michael Block, Mackenzie Hughes
  • 12:52 p.m./7:22 a.m.: Lucas Glover, Max Homa, Joaquin Niemann
  • 1:03 p.m./7:33 a.m.: Tyrrell Hatton, Will Zalatoris, Adam Scott
  • 1:14 p.m./7:44 a.m.: Justin Thomas, Dustin Johnson, Collin Morikawa
  • 1:25 p.m./7:55 a.m.: Jordan Spieth, Patrick Reed, Ludvig Åberg
  • 1:36 p.m./8:06 a.m.: Hideki Matsuyama, Wyndham Clark, Tom Kim
  • 1:47 p.m./8:17 a.m.: Bryson DeChambeau, Viktor Hovland, Gary Woodland
  • 1:58 p.m./8:28 a.m.: Sergio Garcia, Daniel Berger, Russell Henley
  • 2:09 p.m./8:39 a.m.: Justin Rose, Cameron Smith, Brian Harman
  • 2:20 p.m./8:50 a.m.: Brandon Bingaman, Davis Riley, Sungjae Im
  • 2:31 p.m./9:01 a.m.: Takumi Kanaya, Christiaan Bezuidenhout, Tom McKibbin
  • 2:42 p.m./9:12 a.m.: Keita Nakajima, Timothy Wiseman, Beau Hossler

Thursday (Hole 10)/Friday (Hole 1) pairings

  • 7:05 a.m./12:30 p.m.: John Parry, Justin Hicks, Ryan Fox
  • 7:16 a.m./12:41 p.m.: Andre Chi, Patrick Fishburn, Seamus Power
  • 7:27 a.m./12:52 p.m.: Max McGreevy, Sahith Theegala, Sepp Straka
  • 7:38 a.m./1:03 p.m.: Brooks Koepka, Rickie Fowler, Shane Lowry
  • 7:49 a.m./1:14 p.m.: Phil Mickelson, Tommy Fleetwood, Jason Day
  • 8:00 a.m./1:25 p.m.: Jon Rahm, Patrick Cantlay, Matt Fitzpatrick
  • 8:11 a.m./1:36 p.m.: Corey Conners, Min Woo Lee, Rasmus Højgaard
  • 8:22 a.m./1:47 p.m.: Rory McIlroy, Xander Schauffele, Scottie Scheffler
  • 8:33 a.m./1:58 p.m.: Tony Finau, Nicolai Højgaard, Max Greyserman
  • 8:44 a.m./2:09 p.m.: Andrew Novak, Keegan Bradley, Maverick McNealy
  • 8:55 a.m./2:20 p.m.: Akshay Bhatia, Denny McCarthy, Sam Burns
  • 9:06 a.m./2:31 p.m.: John Catlin, Garrick Higgo, Jesse Droemer
  • 9:17 a.m./2:42 p.m.: Eugenio Chacarra, Rupe Taylor, Justin Lower
  • 12:25 p.m./7:05 a.m.: Keith Mitchell, Bob Sowards, Adam Hadwin
  • 12:36 p.m./7:16 a.m.: Eric Cole, Eric Steger, Cam Davis
  • 12:47 p.m./7:27 a.m.: Austin Eckroat, Brian Bergstol, Jacob Bridgeman
  • 12:58 p.m./7:38 a.m.: Niklas Norgaard, Byeong Hun An, J.J. Spaun
  • 1:09 p.m./7:49 a.m.: Patrick Rodgers, Nick Taylor, Dean Burmester
  • 1:20 p.m./8:00 a.m.: Joe Highsmith, Cameron Young, Aaron Rai
  • 1:31 p.m./8:11 a.m.: Tom Hoge, Matthieu Pavon, Taylor Pendrith
  • 1:42 p.m./8:22 a.m.: Rasmus Neergaard-Petersen, Patton Kizzire, Matt McCarty
  • 1:53 p.m./8:33 a.m.: Tyler Collet, Jimmy Walker, Richard Bland
  • 2:04 p.m./8:44 a.m.: Jason Dufner, Michael Thorbjornsen, Shaun Micheel
  • 2:15 p.m./8:55 a.m.: Rafael Campos, Ryan Lenahan, Matt Wallace
  • 2:26 p.m./9:06 a.m.: Jhonattan Vegas, Elvis Smylie, Brian Campbell
  • 2:37 p.m./9:17 a.m.: Kevin Yu, Larkin Gross, John Keefer

PGA Championship odds: Favorites at Quail Hollow

All odds via BetMGM on Thursday, May 15.

  • T1. Scottie Scheffler (+500)
  • T1. Rory McIlroy (+500)
  • 3. Bryson DeChambeau (+800)
  • 4. Justin Thomas (+1800)
  • T5. Jon Rahm (+2000)
  • T5. Xander Schauffele (+2000)
  • 7. Collin Morikawa (+2200)
  • 8. Ludvig Åberg (+2500)
  • T9. Joaquin Niemann (+3300)
  • T9. Patrick Cantlay (+3300)
  • T9. Tommy Fleetwood (+3300)

PGA Championship weather forecast: Latest updates for Thursday

The weather should be good on Thursday, according to AccuWeather. Charlotte, North Carolina, will experience a high of 86 degrees Fahrenheit with an 8% of precipitation on Thursday.

PGA Championship predictions and picks

NBC Sports: Bryson DeChambeau

Ryan Lavner writes, ‘Bryson DeChambeau. There’s no one on the planet – not Rory, not Scottie – who is driving the ball as well as DeChambeau is at the moment. And it’s difficult to conjure up a more perfect venue for him, a 7,600-yard behemoth that will play even longer after the heavy rain and place a premium on finding the fairways and avoiding the wet, dense rough. DeChambeau’s iron play continues to be a question mark – it’s the only reason he didn’t win the Masters last month – but his short game and putting remains tidy enough to give him a significant advantage. If he continues to drive the ball like he has for the past year-plus, this is a great opportunity for him to knock off major No. 3.’

BetMGM: Bryson DeChambeau

‘Including a near miss at Augusta National … DeChambeau has now recorded four top-10s in his last five major championships. Over his last nine major championships, DeChambeau owns five top-10s and four top-5s. One such success came last year at Valhalla, the most correlative course to Quail Hollow, per datagolf.com.’

Gambling Nerd: Scottie Scheffler

‘Despite never winning the event, Scheffler has finished in the top 10 in four of his five PGA Championship appearances … Scheffler will solidify his standing at the top of the world rankings with a win at Quail Hollow Club this year.’

Newsweek: Rory McIlroy

‘Scheffler may lead the odds to win, but McIlroy’s track record at Quail Hollow can’t be overlooked. The Northern Irishman has won four of his 12 appearances in the Wells Fargo Championship (now the Truist Championship) there, to go with five other top 10s. Add to that the level of play he has displayed this season (three wins, one major).’

PGA Championship predictions: Sleeper picks at Quail Hollow

Odds from BetMGM as of May 15

CBS Sports: Tyrrell Hatton (+4000)

‘Hatton missed the cut at the 2017 PGA Championship but he’s since experienced success at Quail Hollow, finishing T-3rd at the 2023 Wells Fargo Championship there. The 33-year-old Englishman was T-14th at the Masters last month and also scored a win at the Hero Dubai Desert Classic in January on the DP World Tour. He’s been top 25 in eight of his nine starts around the world this season and he ranks second on his tour this season by hitting 73.81% of greens in regulation.’

talkSPORT: Jordan Spieth (+6000)

‘Spieth won the Masters, US Open and Open Championship in quick succession but has now gone eight years without a major win. He was runner-up at the 2015 PGA Championship and tied for third four years later. But since then, he has struggled to make an impact at the event as the Grand Slam has eluded him. He was brilliant at the (CJ Cup) Byron Nelson recently and has shown good form all season, so maybe this could be his year.’

Sportsbook Wire: Patrick Reed (+6000)

‘Reed was the runner-up at the 2017 PGA Championship at Quail Hollow, finishing 2 shots behind Justin Thomas. He came in eighth at the 2018 Wells Fargo Championship here and sixth in 2021, so that makes three top-10 finishes in his last four starts at this course.’

BetSperts: Max Homa (+12500)

‘Quail Hollow is where he got his first PGA Tour win back in 2019, and he’s finished T-8 here in each of the past two seasons despite entering with less-than-stellar form. He’s flashed more consistency with his irons as well, gaining nearly a full stroke per round in back-to-back starts in April at Augusta National and Harbour Town.’

This post appeared first on USA TODAY

Want to know how to find strong stocks in a volatile market? In this video, Joe uses Relative Strength (RS), Fibonacci retracements, and technical analysis to spot top sectors and manage downside risk.

Follow along as Joe breaks down how to use the Relative Strength indicator to separate outperforming stocks from those failing at resistance. He highlights sectors showing strong or improving RS, discusses the Fibonacci retracement on QQQ, and explains what it means for downside risk.

Joe wraps up with detailed chart analysis on viewer-submitted symbol requests, including QTUM, HOOD, and more, to help you sharpen your trading decisions with expert insights.

The video premiered on May 14, 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.

The S&P 500 ($SPX) just staged one of the sharpest rebounds we’ve seen in years. After tumbling into deeply oversold territory earlier this year, the index has completely flipped the script—short-term, medium-term, and even long-term indicators are now pointing in a new direction.

One longer-term indicator that hit an extreme low in early April was the 14-week relative strength index (RSI), which dropped to 27. That’s among the lowest levels since the 2008 financial crisis.

The obvious takeaway: it was a great time to buy, even in cases where the low RSI didn’t mark the low. Everyone who pounded the table a few weeks ago has been proven right, even if the rebound was faster and stronger than most could’ve predicted. So, what happens next?

Don’t Expect a Straight Line Up

The long-term picture looks promising, but markets rarely move in a straight line. Even though the market was higher months and years after these deeply oversold readings, the path wasn’t a straight shot to new highs (even if long-term log charts sometimes make it look that way).

The chart below shows the lowest weekly RSI readings in the S&P 500 since 2008.

FIGURE 1. THE LOWEST WEEKLY RSI READING SIN THE S&P 500 SINCE 2008.

Almost every time, there was a pause, often more than one. Some were sharp, others more prolonged. The first real test typically came when RSI bounced back to the 50-zone (the mid-point of its range). Each of these moments is highlighted in yellow in the chart below.

FIGURE 2. AFTER DEEPLY OVERSOLD RSI READINGS, THERE WAS OFTEN A PAUSE IN THE INDEX.

As shown, this often marked the initial digestion phase after the face-ripping rally off the lows. Eventually, the SPX climbed back to a weekly overbought condition, but not right away. This pattern was clearest in 2011, 2015–16, and 2022. The depressed weekly RSI showed that things were getting washed out, but volatility persisted before a lasting uptrend took hold.

Indeed, the current snapback is one of the quickest and most powerful turnarounds in decades, but this pace is also unsustainable. A slowdown is inevitable.

So how does the market handle the next round of profit-taking? By continuing to make higher lows – and converting those into additional bullish patterns.

XLK Makes A Comeback

The market comeback has been led by large-cap growth; that much is clear. The Technology Select Sector SPDR ETF (XLK) has roared back nearly 30% in just six weeks. That’s a massive move in a short period, and far larger than any failed bear market rally seen in 2022. The best six-week rally back then came in the summer and topped out at 17%.

The last time we saw a six-week gain of 20%+ was the period following the COVID-19 low in spring 2020. As we know, that snapback continued, with XLK overtaking its pre-crash highs and ultimately rallying 160% into the early 2022 peak.

This isn’t a prediction, but we shouldn’t ignore it either. Why? Because before 2020, the last such move happened in April 2009, right after the ultimate low of the 2008 financial crisis.

FIGURE 3. WEEKLY CHART OF XLK.

Industrials are Building Strength Too

The Industrial Select Sector SPDR ETF (XLI) and XLK are the first sector ETFs to register overbought 14-day RSI readings. While that suggests a short-term pause could be near, it wouldn’t be a negative. As the weekly chart shows, a pullback could help complete a large bullish formation.

Once again, bouts of intense volatility eventually can lead to the biggest bullish chart formations. Let’s keep XLI on our radar screens.

FIGURE 4. WEEKLY CHART OF XLI.

Even Solar Stocks Are Waking Up

The Invesco Solar ETF (TAN), which has been stuck in a brutal downtrend for years, just rocketed higher by 40%, using intra-day highs and lows. That rally has produced the first overbought reading since late May 2024, which, notably, lasted only a day before momentum faded.

Yesterday, TAN tagged its 200-day moving average, prompting a round of profit-taking. This sets up a critical test for TAN, which has consistently failed at resistance or after short-term pops. Selling strength in TAN has been a highly effective strategy for quite some time.

FIGURE 5: DAILY CHART OF TAN.

The weekly chart clearly shows this pattern playing out since TAN topped in early 2021. Like anything else, TAN could eventually turn the corner—but to do so, it would need to form a legitimate higher low from here.

For now, the downtrend deserves respect. Chasing this move is not advised. Selling strength remains the recommended approach—until proven otherwise.

FIGURE 6. WEEKLY CHART OF TAN.

The Bottom Line

Yes, the market’s comeback has been fast and fierce. But fast moves don’t necessarily mean a straight path higher. Expect slowdowns and pullbacks, watch for bullish setups, and don’t chase runaway rallies. There’s opportunity out there, but it’s all about timing and discipline.


Let’s be real. How many of you kicked yourselves for not jumping into some long positions last Friday?

Of course, hindsight is 20/20, and unless you’ve got a crystal ball, there’s no sure way to know what the market will do next. What you can do, though, is be ready for the next opportunity, and one stock that’s flashing signals is Super Micro Computer, Inc. (SMCI).

Super Micro Computer has had a rocky ride. The company was delisted from the Nasdaq in 2018, after there was a report of possible accounting issues by Hindenburg Research, and it risked being delisted from the Nasdaq again in February 2025. SMCI managed to get its act together, filed its 10-K, and clawed its way back into compliance. Now it’s back on the SCTR radar, and with a current reading of 99 — an impressive move. As such, the stock has made its way into the Top 10 StockCharts Technical Rank (SCTR) report in the Large Cap category. Will it muscle its way back into the top three like it did in early 2024?

SMCI Stock’s Journey

The three-year arithmetic scale weekly chart of SMCI below shows the stock price rising higher and making a steep vertical upward move in 2024. SMCI’s stock price hit a high of $122.90 on the week of March 4. From there, things weren’t great. The stock price faced headwinds, bringing the stock price to a low of $17.25 by mid-November 2024. SMCI’s stock price has been grinding higher, carving out a series of higher lows.

FIGURE 1. WEEKLY CHART OF SMCI STOCK. After hitting a high of $129.90 in early March 2024, the stock tanked to $17.25 by mid-November. It is starting to show signs of recovery, but how far will it go this time?Chart source: StockCharts.com. For educational purposes.

From a weekly perspective, SMCI looks like it’s regrouping, and this week’s spike might just be the shot of adrenaline it needs.

The Daily View: A More Granular Perspective

A partnership with Advanced Micro Devices (AMD), a Saudi Arabian data center deal, and a couple of analyst nods may have had something to do with SMCI’s stock price gap up on Wednesday. But let’s shift away from the headlines and talk technicals (see daily chart of SMCI below).

FIGURE 2. DAILY CHART OF SMCI STOCK. The stock gapped up on Wednesday. Will it continue higher, or will the gap get filled? Chart source: StockCharts.com. For educational purposes.

  • SMCI has broken above its 200-day simple moving average (SMA) (even if it’s still sloping downward … a small detail not to be overlooked).
  • The relative strength index (RSI) is getting close to its 70 line, indicating momentum is heating up.
  • The percentage price oscillator (PPO) is crossing above its zero line.
  • And again: SMCI’s SCTR score is at 99.1, a position of technical strength.

Is It Time to Get In Front of SMCI?

You know the drill. Timing a trade is about strategy. There’s always the temptation to hit the buy button, but rushing in can lead to expensive regrets. Ever place a limit order and end up canceling it because your nerves got the better of you? We’ve all been there.

Gaps like the one we saw in SMCI on Wednesday are tricky. They often get filled, but not always. So, in the case of SMCI, it may be worth waiting for the dust to settle. This is where patience becomes your superpower. 

An ideal scenario would be a pullback in price to perhaps the 200-day SMA, followed by a reversal. If the RSI breaks above 70 and the PPO rises above the zero line, it would confirm the necessary follow-through to push the price higher. Wait for the ideal setup before you make your move.

In other words: Don’t chase. Let the trade come to you.


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.

Amplia Therapeutics Limited (ASX: ATX), (“Amplia” or the “Company”), is pleased to announce important new data from our ongoing ACCENT clinical trial in pancreatic cancer. The trial is investigating the Company’s best-in-class FAK inhibitor narmafotinib in combination with standard-of-care chemotherapies gemcitabine and Abraxane. Fifteen (15) confirmed partial responses (PRs) have now been recorded in the trial, a level of response sufficient to demonstrate that the combination of narmafotinib and chemotherapy is superior to chemotherapy alone.

HIGHLIGHTS

  • Key milestone achieved, with 15 confirmed responses recorded in the ongoing Phase 1b/2a ACCENT trial
  • Sufficient confirmed responses have now been recorded to demonstrate that narmafotinib combined with chemotherapy is superior to chemotherapy alone.
  • The ACCENT trial is evaluating narmafotinib in combination with the chemotherapies gemcitabine and Abraxane® in patients with advanced pancreatic cancer
  • Narmafotinib is a highly potent and selective FAK inhibitor discovered at the Melbourne-based Cooperative Research Centre for Cancer Therapeutics.
  • Phase 2a ACCENT trial is fully recruited with top-line data expected in mid Q3 2025

A confirmed partial response is a formal designation of response where tumour shrinkage >30% is recorded and sustained for two (2) or more months and where no new cancerous lesions have been detected. As pancreatic cancer is highly aggressive it is extremely rare for patients to achieve a complete response (CR).

The ACCENT trial is an open-label study meaning that all patients on the study receive narmafotinib in combination with the standard-of-care therapy. The data obtained in this trial is compared to historical data for the combination of gemcitabine and Abraxane in pancreatic cancer, and specifically data from the MPACT study, upon which we have closely modelled our trial1.

At the outset of the study a statistical analysis was performed which identified that a patient cohort of 50 patients would be sufficient to allow the efficacy of our combination to be ascertained with reasonable confidence if 15 or more responders (confirmed PR or CR) were recorded. A total of 55 advanced pancreatic patients have enrolled in the study since January 2024, with 21 patients still on study at this time.

As noted in our recent press release2, the drug continues to be well tolerated by patients with the rate and type of adverse events for the narmafotinib combination being similar to that reported for chemotherapy alone.

Amplia CEO and MD Dr Chris Burns commented: “We are extremely excited to have now recorded 15 confirmed partial responses in the ACCENT trial, demonstrating the benefit of adding narmafotinib to standard-of-care chemotherapy. With over 20 patients still on study we are hopeful that further PR’s will be observed”

Click here for the full ASX Release

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Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, shares his outlook for oil and natural gas, honing in on supply, demand and prices.

Global uncertainty has placed pressure on the oil market, and Nuttall said for that reason he sees natural gas stocks outperforming oil stocks in the near term.

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

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Tolu Minerals Limited (“Tolu”) is pleased to announce the granting of its Ipi River tenement EL 2780 (Figure 1) covering 395.56 km2 of highly prospective copper-gold mineralisation. The historically discovered Ipi River porphyry deposit within EL 2780, located 55 km northwest of the Tolukuma gold mine is one of several under-explored porphyry style Cu-Au-Mo systems with epithermal Au overprint within Tolu’s exploration portfolio.

HIGHLIGHTS:

  • Ipi River tenement EL2780 granted by the Mineral Resource Authority
  • Preliminary interpretation of Airborne MT imagery indicates five previously unknown copper-gold targets that require further exploration and drill testing
  • The newly advanced Airborne MT survey provides electrical resistivity imaging of the top 1km to define geological targets and structures related to copper-gold mineralisation, as well as magnetic data to assist in the exploration process
  • Ipi River Porphyry System represents a historically under-explored Cu-Au-Mo system where previous rock sampling results returned up to 10.10% copper and 167g/t gold
  • Douglas Kirwin, renowned porphyry and epithermal specialist, is appointed to the Advisory Board
Iain Macpherson, MD & CEO of Tolu Minerals Ltd. said:

“I’m pleased to report the progression of our exploration strategy with the award of Exploration License EL 2780 consisting of highly prospective ground within the Ipi River tenement. This award, coupled with our recent and historical exploration programmes at Ipi River, reinforces Tolu’s position as an emerging, important explorer and operator in what is rapidly becoming one of the great gold/copper provinces of the world.

Recently flown Airborne MT preliminary imagery reinforces historical exploration data and indicates a number of porphyry or intrusive related copper-gold targets. The tenement also includes historical copper-gold-molybdenum, late-stage epithermal gold, and peripheral unexplored Au targets. This latest addition to our tenement portfolio allows us to proceed with our next stage of exploration on a more detailed evaluation of the Airborne MT results and target areas.

The award of the Ipi River exploration license is a significant addition to Tolu’s highly prospective exploration and development portfolio that provides a number of compelling targets and potential for further major discoveries.

In line with the Company’s vision to reveal the porphyry and epithermal deposit potential at Tolukuma, Mt Penck and now Ipi River, the appointment of Doug Kirwin to Tolu’s Advisory Board is a testament to the Company’s broader commitment to defining a substantial resource within Tolu’s exploration targets, further to the re-start of the Tolukuma Gold-Silver Mine.”

Chris Muller, Tolu’s Executive Group Geologist commented that “the continuous progress towards growing Tolu’s exploration portfolio with high potential tenements has reinforced my view that Tolu is among the most exciting growth companies in one of the great underdeveloped and underexplored gold mining provinces on the planet.”

The advanced Airborne Magneto Telluric (“Airborne MT” or “MT”) survey was flown over the Eastern 209km2 of the EL to help in identifying a new generation of geophysical targets related to gold and copper-lead-zinc mineralisation for ground follow-up and drilling.

Airborne MT is an advanced geophysical technology providing high-resolution, deep resistivity/conductivity 3D mapping to over 1km depth. Final data from the recently completed airborne MT survey flown over the known Ipi River porphyry and Mt. Yule “Bulls- eye” magnetic porphyry gold-copper systems have diagnostic sub-surface conductivity, resistivity and magnetic signatures that are calibrations for identifying similar integrated anomalies.

An additional five, previously unexplored discrete geophysical target areas, have already been identified, proving the technique to be a cost-effective compliment to historical exploration results. A more detailed desktop review of historical exploration and airborne geophysics will now be completed ahead of fieldwork on ground.

Target mineralisation within the tenement includes an extremely intense and large 6km x 6km dipolar “Bulls-eye” magnetic anomaly (Figure 2) at Mt. Yule (IPI06), located at a major structural intersection of the NE-trending Yule Transfer Structure and orthogonal structure related to a deep-set high electrical resistivity trend (Figure 3).

The IPI06 occurs as an exceptionally high magnetic signature (>1,730nT dipolar variation) and geologically related to a diorite/monzonite intrusive. The magnetic characteristics are like that of the Indonesia Grasberg monzodiorite and Ertsberg diorite Cu-Au-Ag mineral deposits, located on the Western half of New Guinea island1.

Click here for the full ASX Release

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Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company specializing in the discovery of critical minerals, is pleased to announce the appointment of Vernon Shein to its board of advisors.

A mining industry veteran with 39 years of exploration industry experience, Mr. Shein spent the last 18 years as Exploration Manager for Bema Gold Corp. and its successor company B2Gold, specializing in advancing exploration programs through Preliminary Economic Assessment, Feasibility Study and into production.

Mr. Shein holds a B.Sc., Specialization Geology, from Concordia University and has conducted exploration programs on gold and base metals projects located throughout Canada, South America, Russia and the Asia Pacific. While serving as Exploration Manager at B2Gold, projects that he has managed from exploration through to production include the Kupol Mine in Russia, the Jabali Mine in Nicaragua and the Montana open pit at the Masbate Mine in the Philippines. At the Kupol Mine, Mr. Shein oversaw the drilling and modeling of the deposit through Pre-Economic Assessment in 2004 and Final Feasibility in 2005. Mr. Shein also developed the Jabali Mine from an untested, previously mined prospect to a mineable reserve/resource in two years with mining commencing in 2013. In recent years, Mr. Shein oversaw exploration activities at the Masbate Mine which developed new reserves at the Montana and Pajo deposits. He also oversaw exploration at the Aurion/B2GOLD joint venture in Central Lapland, Finland, resulting in the discovery of the western extension of Rupert’s Ikkari deposit.

‘We are thrilled to welcome Vern to SAGA’s board of advisors,’ stated Mike Stier, CEO & Director of Saga Metals . ‘Vern’s industry insight will be valuable across our entire suite of prospective critical mineral projects with initial focus spent on the Radar Ti-V-Fe project near Cartwright, Labrador. With the exceptional results to date from our maiden drill program and the ability to fast track this project, building a board of technically proficient advisors with world class experience is paramount to our success. The Radar project is poised for advanced development and we’re fortunate to have Vern’s expertise as a sounding board as we move through these critical next steps.’

Mr. Shein commented: ‘I am excited to be advising Saga Metals Corp. with their intelligent, diversified and aggressive exploration programs targeting critical minerals that support the green energy transition.   Given my successful advancement of several projects from grass roots through to production, I’m eager to add value to SAGA’s rapidly evolving Radar Ti-V-Fe project.’

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of critical minerals that support the global transition to green energy. The company’s flagship asset, the Double Mer Uranium Project, is located in Labrador, Canada, covering 25,600 hectares. This project features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

In addition to its uranium focus, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium.

SAGA also holds additional exploration assets in Labrador, where the company is focused on the discovery of titanium, vanadium, and iron ore. With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:
Saga Metals Corp.
Investor Relations
Tel: +1 (778) 930-1321
Email: info@SAGAmetals.com
www.SAGAmetals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s advisors and projects. 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. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company’s final prospectus in Manitoba and amended and restated final prospectus for British Columbia, Alberta and Ontario dated August 30, 2024, filed under its SEDAR+ profile at www.sedarplus.ca, and in the continuous disclosure filings made by the Company with securities regulations from time to time. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

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American Salars Lithium Inc. (‘AMERICAN SALARS’ OR THE ‘COMPANY’) (CSE: USLI, OTC: ASALF, FWB: Z3P, WKN: A3E2NY ) announces the addition of Dr. Mark King PhD, PGeo, FGC, a world-renowned lithium brine expert, as a Technical Advisor and Qualified Person.

Dr. King is a hydrogeologist with 30+ years of international experience in groundwater modeling and geochemistry. For the past 15 years, he has specialized in exploration and evaluation of lithium brine projects. His strong chemistry and numerical modeling background has proven to be an excellent foundation for brine exploration and quantitative evaluation. Consequently, his resource and reserve estimation experience on major brine projects is now arguably the most extensive of any geologist, hydrogeologist, or engineer in the world.

Some notable past involvements include serving as a resource and/or reserve estimation Qualified Person for the following:

  • Albermarle at Salar Atacama (Chile), Silver Peak (Nevada, USA) and Antofalla Salar (Argentina)
  • Neo Lithium at the 3Q Salar, (Argentina)
  • Lithium Americas at the Cauchari Salar, (Argentina)
  • Vulcan Energy in the Rhine Valley, (Germany)
  • Alpha Lithium at Tolillar & Hombre Muerto Salar, (Argentina)

In addition, Dr. King and his team have conducted detailed due diligence reviews of 20+ advanced brine projects and reconnaissance reviews (and ranking) of 100+ greenfield to early-stage projects, in South America and the southern US. His technical team at GWI have advanced expertise in geological modelling, GIS, data management and 3D visualization. They will provide exploration and resource consulting services to American Salars from time to time.

R. Nick Horsley, CEO & Director States , ‘American Salars is yet again adding depth to its technical team. We are fortunate to welcome Dr. King and his team at GWI to American Salars and look forward to working together in our search for significant lithium salar projects. Mark is a globally recognized authority whose work has taken him to lithium brine projects throughout North and South America, and beyond.’

About American Salars Lithium Inc.

About American Salars Lithium Inc. American Salars Lithium Inc. is an exploration company focused on exploring and developing high-value battery metals projects to meet the demands of the advancing electric vehicle market.

All Stakeholders are encouraged to follow the Company on its social media profiles on LinkedIn, Twitter and Instagram.

On Behalf of the Board of Directors,

‘R. Nick Horsley

R. Nick Horsley, CEO

For further information, please contact:

American Salars Lithium Inc.
‎Phone: 604.880.2189
‎E-Mail: info@americansalars.com

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

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding American Salar’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits American Salars will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including American Salars results of exploration or review of properties that American Salars does acquire. These forward-looking statements are made as of the date of this news release and American Salars assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.


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