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May 26, 2025

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In order to invest or trade successfully, you have to have conviction. Conviction does not equal stubbornness. It’s very important to remain objective and occasionally question your conviction and adjust your strategy from time to time if signals warrant it. But I cannot trade personally if I believe there’s a 50/50 chance the market is going higher. That doubt will resonate with each and every swing in the market. I’ll chase at the wrong time and get whipsawed out of positions.

Instead, I evaluate those signals that work best for me – the same signals that have allowed me go against the grain and call significant market tops and bottoms over the past 5-7 years. Few were saying it was time to be long in early April, but I was quite clear. Topping signals were just as evident to me earlier this year, leading me to tell EarningsBeats.com members that I was 100% cash at the end of January. The technical confirmation of a market top occurred on Friday, February 21st. I published my belief of that confirmed market top in this same blog – again rather clearly:

You can click on this headline and read the whole story, if you’d like. After letting EB.com members know that I was fully committed on the long side in early April, because of bullish market maker manipulation, I have continued to track that market maker manipulation. Through Friday, it’s still telling me the same thing – BUY US STOCKS!

The Manipulation Continues

Listen, we’ve seen a massive run higher off that early-April low and profit taking and pullbacks will occur. That cannot deter us and should not be misconstrued as distribution ahead of a major market decline. In fact, there are a lot of technicians and market analysts talking about the big selling that’s taken place over the past week and how that will lead to further selling ahead. I completely disagree with this crew. We’ve seen almost zero selling or distribution in recent days. What we’ve seen are more gap downs, just like the ones that occurred after the March 13th low. Those opening and early morning selloffs saw subsequent buying throughout trading sessions. Check out the accumulation/distribution indicator on both the S&P 500 and NASDAQ 100 below:

S&P 500

You can see the AD line take a bit of a hit during the true period of distribution in 2025. Currently, however, the AD line is very near its all-time high. Last week (since Monday’s close), the SPY lost 15.74, falling from 594.85 to Friday’s close at 579.11. That was roughly a 2.5% pullback, but here’s what’s interesting. The SPY had gap downs the past four trading days that totaled 13.65. Nearly all of last week’s drop occurred at the opening bell. There was little selling during the trading day. We track this manipulative behavior in our “2025 Key Stocks Manipulation” excel spreadsheet, which we update for our members every Monday morning, so our members can clearly see the manipulation taking place on the SPY, QQQ, IWM, and 11 individual stocks, including Mag 7 stocks and a few others. It’s independent research and has helped us completely ignore the bearish and biased media. They’re interested in viewership and clicks and will scare the heck out of everyone to achieve their own selfish, money-making goals. EarningsBeats.com is interested in helping folks navigate a landscape designed to misinform and mislead. We’re interested in making money, that’s it. Follow the charts, not the headlines.

NASDAQ 100

The AD line exploded higher on the NASDAQ 100, mostly because Mag 7 stocks were heavily accumulated during the early-April massacre. The same thing occurred in March 2020 during the pandemic, prior to these stocks skyrocketing later in 2020. Then we saw a repeat in 2022, before a massive explosion higher in 2023. Once again, we’re seeing Wall Street’s “rinse and repeat” strategy of effectively stealing shares from unsuspecting retail traders. And once again, these stocks have been flying again.

It’s up to us to learn these lessons and not make the same mistakes over and over again during cyclical bear markets. At EarningsBeats.com, we take advantage of these selloffs before they occur. First, we move to cash. Next, we watch the stocks tumble. Third, we buy back in much cheaper at the same time that Wall Street does. Doesn’t this sound like a much better strategy? Follow what Wall Street is buying, not what they’re saying.

This manipulation applies to an even greater extent to individual stocks. One of my favorite stocks has been ridiculously-manipulated in 2025. Over the past four trading days, while the S&P 500 has been under pressure, this stock has gapped down 3.13, but has moved 8 bucks higher during the trading day. It’s one of our 12 individual stocks that we track each week and showed the most manipulation last week. Its AD line is soaring again and its relative strength vs. its industry peers has exploded higher since the first week of March. Owning stocks like this help us significantly outperform the S&P 500.

I’m featuring this stock in our FREE EB Digest newsletter on Tuesday morning. To register for our newsletter and receive this stock Tuesday morning before the market opens, simply CLICK HERE and provide your name and email address. Again, it’s free, there’s no credit card required, and you may unsubscribe at any time.

Our Spring Special, HUGE Savings

We run specials from time to time to allow new members an opportunity to enjoy our service for a year at a major discount. We started our annual Spring Special this past week and it runs through Monday at midnight. If you’d like to change your approach to the stock market and be more proactive, please consider taking advantage of this special. For more information and to Start Your Annual Membership Today, follow this link.

Happy trading!

Tom

Kaiser Reef Limited (“Kaiser”, or “the Company”) (ASX:KAU) is pleased to announce that the first 10 days of ownership of the Henty Gold Mine has progressed to plan and the operation continues to bed in under Kaiser ownership.

Highlights

  • First 10 days of Henty ownership
  • Record Kaiser gold pour >1,200 ounces from Henty
  • Kaiser transformed into a ≈ 30kozpa gold producer1,3

The first gold pour under Kaiser’s ownership has likely exceeded 1,200oz of gold, and is currently in transit to the Perth Mint for refining and outturn.

The acquisition of the Henty Gold Mine has positioned Kaiser as a multi-asset gold producer with significant growth potential.

Brad Valiukas, Kaiser’s executive Director – Operations commented:

“It’s been an excellent start for Kaiser at Henty, the team is transitioning well, and operational performance has been excellent. We are well positioned to build on the success that Catalyst has had at Henty, as it becomes our flagship asset. Kaiser is now a significantly stronger Company with the incorporation of Henty, and we look forward to advancing our assets and the Company.”

Key highlights of the Henty Gold Mine include:

  • Established production platform: Henty Gold Mine is a proven gold production operation, with historical production of 1.4Moz -8.9g/t2. Since its acquisition by Catalyst in 2021, significant operational improvements have been made, including investments in drill platforms, drilling, tailings, underground fleet and people.
  • 5-year mine plan: Work to date has culminated in establishing a robust 5-year mine plan underpinned by a current Ore Reserves of 1.2Mt @ 4.0g/t for 154koz3. There is significant scope to extend mine life based on the current Mineral Resource of 4.1Mt @ 3.4g/t Au for 449koz3 along with the opportunities for near-mine exploration and development success.
  • Significant infrastructure: The Henty mine benefits from significant infrastructure including a 300ktpa CIL processing plant, surface & underground workshops, administration complex, access to hydro generated grid power and refreshed tailings storage capacity.
  • Implement and build on operational capacity: The Kaiser executive team brings extensive experience in optimising similar assets through a combination of operational improvement and targeted exploration investment. Supported by Catalyst as a 19.99% strategic shareholder, and skilled operating team and local workforce of over 150 employees, Kaiser is well-positioned to drive further value.
  • Flagship asset: As Kaiser’s flagship asset, Henty will receive dedicated focus to continue the significant work completed by Catalyst and further drive operational improvements.

For further information in respect to the acquisition, please refer to the Company’s ASX Announcement dated 24 March 2025.

Click here for the full ASX Release

This post appeared first on investingnews.com

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A great deal of mirth and ribbing has been directed at CNN’s Jake Tapper in recent days over his co-authoring of a tell-all blockbuster book about how awful he and his colleagues are at their jobs.

But last week, during one of his approximately 27 million TV appearances to hawk, ‘Original Sin,’ the book on the Biden administration’s lies that he dashed off with Axios’ Alex Thompson as soon as the 2024 election was over, Tapper said something that was so close to really understanding his subject and his job that it almost hurt.

Appearing on CBS News, Tapper said, ‘So, there were people reporting on what they saw. The conservative media was, to their credit, all over this. Now, they didn’t have insider information, but they were just making sense of all the clips, and all of the weird moments, and off-putting moments.’

What Tapper misses here is that conservative media didn’t get it right in regard to Joe Biden’s obvious and abject unfitness for office in spite of not having insider information, they got it right because they were not relying on insider information.

In Tapper’s twisted view of journalism, and it is one widely shared, the evidence we see with our own eyes is not sufficient. Instead, it isn’t news until some whistleblower spills the beans, which puts all the power in the hands of sources.

Since the Watergate scandal of the 1970s, everything has to be a Bob Woodward and Carl Bernstein-style scoop. A story isn’t real without some turncoat in the administration, even though they, too, have agendas.

Obviously, the big problem here is that all of Tapper and Thompson’s sources spent years deceiving them and the American people, but now, suddenly, we are expected to believe everything these same serial liars say.

Sorry. Not happening. 

Let’s take the tempting tale being spun by Tapper and Thompson now that it was actually first son Hunter Biden who was running the show. It’s delicious, maybe the crack-addled Burisma executive really is the smartest man Joe ever met. The artist behind the curtain.

However, and call me a cynic if you will, this particular version of events just so happens to be the one that paints Tapper and Thompson’s insider sources in the best possible light.

Basically, what these insiders are saying is, ‘Man, we really tried to do the right thing, but that Hunter, he just blocked us at every chance, which is too bad because he has a pardon for anything he did with the autopen now, but what can you do?’

And once again, Tapper and Thompson just eagerly write it all down as if they were standing atop Mt. Sinai taking dictation of the Ten Commandments from God.

The bottom line is that even if you are a generous soul inclined to trust Tapper and Thompson, only a fool would trust their insider sources. So honestly, what is the point of even reading the book?

This speaks to a much deeper problem with journalism which tends to frame all political coverage as a government that is lying and intrepid reporters sussing out the actual truth when that is almost never what actually happens.

Instead, these journalists confuse sourcing with access, so all their ‘sources’ are people advancing their agenda. Now, suddenly, the agenda is to pile on Biden and salvage our reputations (for media AND insiders). 

George Orwell said, ‘Journalism is printing what someone else does not want printed: everything else is public relations.’

Tapper and Thompson have both been doing a lot of PR for Democrats for a very long time.

A source, especially an anonymous source, is almost by definition only telling a reporter something they want the reporter to print. It can sometimes be helpful, but it is never the whole story.

The hilarious final twist in all of this is that in Donald Trump, we have a president who takes more questions than the average corporate call center and owns everything the press accuses him of from sending migrants to El Salvadoran jails to holding Crypto Balls at his resort. It’s all just out in the open.

The age of post-Watergate ‘gotcha’ journalism has driven the industry off of a cliff. Nobody believes what journalists say because they are just mouthpieces for those in power.

The primary job of the journalist isn’t to pry out some hidden information being kept from people; They aren’t detectives. It is to accurately report on and analyze what we know is happening.

In that regard, the coverage of Joe Biden’s decline, his clear inability to serve, is arguably the worst journalism that ever been attempted. Tapper and Thompson couldn’t see what was right in front of their face because they were convinced there had to be something deeper, something hidden. 

It is time to turn the page and get back to a journalism that deals in reality, not speculation. Until that happens, Americans have no reason to believe anything the Jake Tappers and Alex Thompsons of the world tell them.

This post appeared first on FOX NEWS

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It was hard to concentrate in my congressional office because I could overhear a lively interview with conservative media host Glenn Beck through the thin wall. You might assume I work for a Republican, but I’m chief of staff to progressive California Congressman Ro Khanna.

What if I told you it was one of our best interviews in recent months? 

They disagreed on President Trump’s deportation efforts and USAID funding, but they agreed on revitalizing manufacturing and leading against China. The headline for the interview read, ‘Progressive Democrat sits down with Glenn Beck despite disagreements: ‘We’re all Team America.’’ We agreed he’d return soon.

There’s debate about whether Democrats need a stronger message or more robust left-wing media. But what Democrats really need is to relearn the art of persuasion—not just crafting a compelling message, but figuring out how to make it cut through today’s crowded media landscape.

Democrats don’t need a ‘left-wing Joe Rogan.’ We need to persuade the real one, along with Americans nationwide, that we share common ground and are worth supporting. 

I know it’s possible because I saw Ro begin that process with Glenn Beck. They didn’t agree on everything, but the conversation opened a door. That’s persuasion: not instant conversion, but showing up, listening, and finding places to start.

Our leaders are too often surrounded by chattering consultants obsessed with poll-tested messages and terrified of ruffling feathers. Every morning, I get dozens of emails urging me to tell Americans that MAGA Republicans are trying to take away their healthcare. I believe it! But it takes more than one line to convince people. We need specifics, facts, and a clear vision of what Democrats stand for.

Ro has been building this foundation for years. He’s traveled to dozens of states, partnering with Silicon Valley to expand tech opportunities, and since the election, held town halls in Republican districts—not to preach, but to listen. At a recent Allentown, Pennsylvania, event, Ro spoke with the Trump supporters protesting outside about his bipartisan bill to lower prescription drug costs. By the end, they came inside—and applauded. 

Having a message is just the first step. The next challenge is breaking through today’s media ecosystem—can it go viral on social media, get picked up by the press, or reach broader audiences, and still land? Amplification matters equally.

It’s undeniable that Republicans have invested significantly more time and resources into building a powerful online ecosystem to reach voters. To overcome that right now, Democrats need to be fearless. Flood the zone, reach people where they are, win them over. Download TikTok, hire a talented, chronically online 22-year-old to post on subreddits, and create a Substack. Talk to Mehdi Hasan in the morning and Laura Ingraham in the evening. Write an op-ed for Fox News Digital.

It’s not about giving anyone a platform or legitimacy—their platforms already exist, and their audiences view them as legitimate. It’s about using those platforms to share our message and tailoring how we communicate to different audiences without compromising our values.

We also need to balance between viral moments with nuanced messages about complicated issues. Ro’s prescription drug bill has gained traction on X and Reddit. But his core vision—a new economic patriotism focused on 21st century solutions for the economic success of every community including new factories and AI academies—hasn’t taken off online the same way. Yet, in longer-form interviews and podcasts, it’s met with enthusiasm. Both messages matter, and we need to find the right time and place for each.

After all, Joe Rogan supported Bernie Sanders in the 2020 presidential election. When he drifted toward Donald Trump, we shrugged and said he was gone for good. Why not try again with a tailored message and an eye toward persuasion? 

Joe, if you’re reading this, I have a pitch for you. 

This post appeared first on FOX NEWS

President Donald Trump told journalists that he was ‘not happy’ with Russia’s recent large-scale strike against Ukraine while speaking to the press on Sunday.

Speaking to reporters at Morristown Municipal Airport in New Jersey, Trump accused Putin of ‘killing a lot of people’ in the attack, which was launched on Sunday afternoon.

I’m not happy with what Putin is doing,’ Trump explained. ‘He’s killing a lot of people, and I don’t know what the hell happened to Putin.’ 

‘I’ve known him a long time, always gotten along with him, but he’s sending rockets into cities and killing people, and I don’t like it at all,’ he added.

Trump said that Putin was ‘shooting rockets into Kyiv and other cities’ in the middle of negotiations.

‘I don’t like what Putin is doing. Not even a little bit,’ the president emphasized. ‘He’s killing people. And something happened to this guy.’

Trump’s comments came after Russian forces launched hundreds of drones and missiles at Ukrainian cities overnight. The attack, which has been called the largest aerial attack of the war so far, targeted the Ukrainian capital of Kyiv.

Ukrainian officials said that at least 12 people were killed and dozens more were injured.

Though past strikes have proven more deadly, the attack is the largest-scale aerial assault of the war in terms of the number of weapons: 298 drones and 69 missiles were launched.

In a post on Telegram, Ukrainian President Volodymyr Zelenskyy called for an international response to the attack.

‘The silence of America, the silence of others in the world only encourages Putin,’ he wrote on Telegram. ‘Every such terrorist Russian strike is reason enough for new sanctions against Russia.’

Reuters and Fox News Digital’s Brooke Curto and Kyle Schmidbauer contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump backed several House Republicans for reelection in Truth Social posts on Sunday, expressing support for Reps. Andrew Garbarino of New York, Troy Downing of Montana, Guy Reschenthaler of Pennsylvania, and Bryan Steil of Wisconsin.

Each lawmaker received an individual post from Trump, and each post declared that the given lawmaker has Trump’s endorsement.

Republicans currently hold the majority in the House, but the 2026 midterms will determine whether the GOP maintains control of the chamber during the tail end of Trump’s second term in office.

Trump’s show of support for Garbarino comes after the congressman failed to cast a vote on the ‘One Big Beautiful Bill Act’ that passed the House last week. 

House Speaker Mike Johnson said that ‘Garbarino did not make it in time,’ but had fallen asleep.

‘I am proud to have been the leading voice on Long Island during negotiations on this key reconciliation bill. I fought to lift the cap on SALT and ensure hardworking Long Island families see the benefits of this important legislation. I was moments away from the House floor, to vote ‘yes,’ when the vote was closed,’ Garbarino said in a statement, according to reports. 

‘While I am frustrated that the vote was closed before I was able to cast my vote, I am proud of the work we accomplished to deliver huge results for Long Island. I congratulate President Trump on getting this bill passed and look forward to voting ‘yes’ when it comes back to the House floor from the Senate,’ Garbarino noted.

Fox News Digital reached out to Garbarino’s office on Monday morning but did not receive a response by the time of publication.

‘Thank you, Mr. President, it’s an honor to serve NY-02,’ Garbarino said in a Sunday night post on X in response to the president’s endorsment.

This post appeared first on FOX NEWS