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EAST RUTHERFORD, NJ – Chelsea FC coach Enzo Maresca is certainly happy about leading his side to the FIFA Club World Cup final against Champions League winners Paris Saint-Germain.

Captain Reece James – the only player remaining from Chelsea’s Champions League title in 2020-21, playing in this Club World Cup – isn’t satisfied with just making it this far.

Even as Chelsea enters as a steep underdog in the matchup with PSG on Sunday, July 13, at MetLife Stadium.

“They are one of the hottest teams in the world at the moment. But this is a final, a one-off game. Everyone has them down as strong favorites,” James said during a prematch press conference at the stadium on Friday, July 11.

“I don’t really care, to be honest. Everyone is bigging up our opposition. We’re preparing right, and we’re going to win.”

Well, everyone is “bigging up” Paris Saint-Germain for good reason. They’re not just considered the European champions. They’re considered the best club in the world.

PSG has won the French league, the French Cup, the French Super Cup and won their first Champions League title with a 5-0 victory against Inter Milan on May 31.

They’ve dominated through the Club World Cup, too – outside of a hiccup in the group stage, a 1-0 loss to Brazilian side Botafogo that didn’t do much but give them a brief wake-up call en route to the final.

PSG topped Lionel Messi’s Inter Miami 4-0 in the Round of 16, beat Bayern Munich 2-0 in the quarterfinals, and thrashed Real Madrid 4-0 in the semifinal to reach Sunday’s match. Chelsea’s path saw a 4-1 win against Benfica (Portugal) in the Round of 16, a 2-1 quarterfinal win against Palmeiras (Brazil), and a 2-0 win against Fluminense (Brazil) in the semifinals.

Chelsea was a +450 underdog on Wednesday, July 8, when the final was set. Just two days before it, Chelsea is +400 to win, while PSG is the convincing favorite (-165), according to BETMGM.

“Stats and data. And favorite, not favorite. It doesn’t mean anything to me. It doesn’t mean anything to our team. It makes other people happy,” James said. “It’s two great, young sides, playing against each other on the biggest stage. I believe we’re going to go toe to toe.”

Added Maresca: “PSG is best team in world … We are here to do our best and try to win the final.”

Win or lose, Chelsea still has plenty to celebrate this season.

Chelsea qualified for next year’s Champions League, ending a three-year absence from tournament, after a fourth-place finish in the Premier League in Maresca’s first year with the club.

Maresca was hired in June 2024 to take over for Mauricio Pochettino (now, the U.S. men’s national team coach), who led Chelsea to a sixth-place finish in the EPL last season.

Maresca said his players feel “proud” and ‘happy” to reach the Club World Cup final in the first edition of this tournament that featured 32 of the best soccer teams globally. He also feels the same way, as his first year as Chelsea coach will end with a chance to win a title.

“I think it’s been a great season. For me, the biggest achievement for this season is exactly one year ago, no one was talking about Chelsea,” Maresca said.

“Now, everyone is talking about Chelsea, the way we play, and the way we win games. This is personally the biggest achievement of the season.”

This post appeared first on USA TODAY

EAST RUTHERFORD, NJ – Major League Soccer commissioner Don Garber is hopeful Lionel Messi and Inter Miami can agree to a contract extension to keep the Argentine World Cup champion in the league before next year’s World Cup.

Messi is under contract with Inter Miami – co-owned by brothers Jorge and Jose Mas, and David Beckham – through the end of the 2025 MLS season.

“Messi has been such an incredible part of the MLS story the last couple of years and playing so well. It’s just been a gift to have the best player in the world in Major League Soccer,’ Garber told USA TODAY Sports during an interview on Friday, July 11, two days before the FIFA Club World Cup final.

“We certainly look forward to him continuing his career in Miami. I know Jorge Mas and his partners are going to work hard to see if they’re able to re-sign him and have him play here – hopefully prior to him playing for Argentina next summer.

“And not anything more I can add on that, but I’m hopeful that we’re able to re-sign him,” Garber added.

USA TODAY Sports reported earlier this week that Messi and Inter Miami are in continued negotiations on a new deal. One part of the process is whether Messi would extend through 2026 or 2027, a person familiar with the talks said on the condition of anonymity due to the ongoing nature of negotiations.

Messi and Inter Miami will host Nashville SC in their next match on Saturday, July 12.

Messi became the first player in the league’s 30-year history to score multiple goals in four consecutive league matches in his last match. He scored twice on the road in a 2-1 win against the New England Revolution on July 9.

Messi also helped Inter Miami and MLS make history in the Club World Cup, where his free-kick goal against Portuguese side FC Porto delivered the first win for a North American team against a European club in a major international competition.

Garber also cherished Messi and Inter Miami having a chance to compete against Champions League winners Paris Saint-Germain in the Round of 16, before they were ultimately eliminated from the tournament following a 4-0 loss on June 29 in Atlanta.

“The beauty of the Club World Cup is our teams had an opportunity to stand and go toe-to-toe with the top teams in the world,” Garber said of Inter Miami, the Seattle Sounders and Los Angeles FC representing MLS in the tournament.

“Miami had a good run and got out of the group [stage]. PSG is the best team in the world right now, and certainly is playing at the highest level. And while they lost that game, I think there was less talk about how Miami wasn’t good enough, and more about how great PSG is.

“But you got to get into the arena, and you got to fight the fight. And the Club World Cup gave our teams the opportunity to do that.”

This post appeared first on USA TODAY

The Indiana Fever are back in the win column and leveled the season series against the Atlanta Dream 2-2.

The Fever defeated the Dream 99-82 on Friday, July 11 at Gainbridge Fieldhouse in Indianapolis, scoring the team’s second-highest point total of the season. With the win, the Fever move to 10-10 on the season, while the Dream drop to 12-8.

Caitlin Clark was one of four Fever players to hit double-digits, recording 12 points, nine assists and four rebounds in her second game back from an injury. Clark’s shooting slump, however, continued as she works her way back from a left groin injury that sidelined her for five-games. Clark shot 5-of-17 from the field and 1-of-7 from three. She’s gone 4-of-35 from three in her last five games.

Kelsey Mitchell had a team-high 25 points, while Aliyah Boston added 19 points, a career-high 8 assists and six rebounds before fouling out in the fourth quarter. Sophie Cunningham added a season-high 16 points and 10 rebounds off the bench, marking her second career double-double.

‘It’s about dang time,’ Cunningham said following the win. ‘It finally felt good.’

Jordin Canada paced the Dream with a game-high 30 points, shooting 50% from the field and connecting on 6 of 11 3-pointers. She also tallied eight assists and three rebounds. Rhyne Howard added 14 points, and Brittney Griner chipped in 10 points and eight rebounds.

Here’s a recap of the Fever’s matchup against the Dream Friday:

Dream vs. Fever highlights

End of 3Q: Fever 69, Dream 65

The Fever outscored the Dream 29-20 in the third quarter to take a four-point lead into the final period. Kelsey Mitchell leads the Fever with 22 points, while Aliyah Boston is closing in on a double-double with 11 points and eight rebounds. Caitlin Clark has nine points and five assists, shooting 4-of-13 from the field and 1-of-6 from three. Jordin Canada still leads the Dream with 28 points and six assists, although her scoring has slowed significantly. She scored 26 of her 28 points in the first half.

Rhyne Howard returns after being carried off court

Rhyne Howard is back on the court. She returned to start the third quarter with a large brace on her left leg after appearing to hyperextend her knee in the second quarter. Howard got some shots up during halftime and determined she was good to go. 

Halftime: Dream 45, Fever 40

Jordin Canada is red-hot for the Dream. Canada set a new career-high with 26 points in the first half, with most of her points coming from a career-high six 3-pointers. Canada was shooting 6-of-29 from 3 entering Friday’s matchup, but she’s already tied her season total from beyond the arc in the first half alone.

How? “Just being confident in myself and knowing that when the ball comes to me, I got to put it in the hoop,” Canada said at halftime, adding that the Dream need to “keep being aggressive’ against the Fever.

Despite Canada’s lights-out shooting, the Fever only trail by five points at halftime. Kelsey Mitchell leads the Fever with 14 points.

Meanwhile, Caitlin Clark’s shooting woes have continued. She has four points and five assists, shooting 2-of-7 from the field and 0-of-4 from 3. 

Rhyne Howard carried back to locker room with leg injury

The Dream’s Rhyne Howard was shaken up after getting tangled up with the Fever’s Lexie Hull on a rebound attempt. With the Fever leading 24-23 with 7:29 remaining in the second quarter, Howard appeared to hyperextend her left knee while chasing a rebound and the All-Star immediately went down clutching her knee. She was carried back to the locker room. She has five points on the night.

End of Q1: Dream 23, Fever 21

The Atlanta Dream have a two-point lead heading into the second quarter, thanks to a 10-point performance from Jordin Canada, who knocked down a pair of threes in the first quarter.

The Fever, who had the second-best field-goal percentage in the league heading into Friday’s contest (45.7%), were held to 36.4% from the field and only 2-of-10 from three, compared to the Dream’s 50% from the field and beyond the arc.

Natasha Howard has a team-high five points. Clark is up to four points (2-of-5 FG, 0-of-2 3PT).

What time is Indiana Fever vs. Atlanta Dream?

The Indiana Fever host the Atlanta Dream at Gainbridge Fieldhouse in Indianapolis on Friday, July 11 at 7:30 p.m. ET. The game will be broadcast on ION.

How to watch Indiana Fever vs. Atlanta Dream: TV, stream

  • Time: 7:30 p.m. ET
  • Location: Gainbridge Fieldhouse (Indianapolis)
  • TV: ION
  • Live stream: Fubo (free trial)

Indiana Fever starting lineup

Is Caitlin Clark playing today?

Yes. Clark was not listed on the Fever’s injury report and is ready to go Friday. She previously missed five games with a quad injury and five games due to a left groin injury.

Atlanta Dream starting lineup

Caitlin Clark: Tyrese Haliburton ‘certainly loves the Fever’

Caitlin Clark and Tyrese Haliburton are each other’s best friends.

Haliburton has been a mainstay at Fever games, most recently at the Fever’s loss against Golden State on July 9. Clark has returned the favor. Clark attended Game 4 of the NBA Finals between the Indiana Pacers and Oklahoma City Thunder alongside several of her teammates.

‘He loves basketball,’ Clark said on Friday. ‘He certainly loves the Fever and he loves this state.’

Stream Fever vs. Dream on Fubo

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This post appeared first on USA TODAY

Philadelphia Phillies ace Zack Wheeler will not pitch in the 2025 MLB All-Star Game next week.

Wheeler plans to step away to prioritize rest and prepare for the second half of the season with the Phillies.

“He came in the other day and said he wanted to make sure his body was good coming out of the break and carry on through the rest of the year,” Phillies manager Robert Thomson told reporters regarding Wheeler’s decision. “He wants to do what’s right by the club. I think he’s being smart.”

The starting pitcher has compiled a 9-3 record in 18 games this season. In 116 innings pitched, he’s recorded 148 strikeouts, tied for the second most in the majors this season. He leads the majors in batting average against at .177, his 0.84 WHIP ranks second, and his 2.17 ERA is the third-best this season.

Wheeler is scheduled to start for the Phillies on Saturday, July 12 against Yu Darvish and the San Diego Padres (7:35 p.m. ET, Fox).

MLB announced on its official X account that San Diego Padres pitcher Adrian Morejon has been added as a reserve pitcher for the National League, replacing Wheeler on the roster.

The MLB All-Star Game will be played at Truist Park in Atlanta on Tuesday, July 15. The game is scheduled for 8 p.m. ET on FOX.

This post appeared first on USA TODAY

There’s a new era of Chicago Bears football beginning this fall.

Year two with quarterback Caleb Williams has all the signs of improvement from a 5-12 campaign in 2024 thanks to the hiring of Ben Johnson as head coach and a number of key roster moves.

Those moves include trading for upgrades on the offensive line as well as drafting more reinforcements on offense, specifically at tackle and tight end.

Johnson was hired on a five-year deal that keeps him on the books with the Bears through the 2029 season. The franchise made a move today to ensure he’ll be in place with the team’s current general manager Ryan Poles.

USA TODAY Sports confirmed Chicago signed Poles to an extension to keep him with the team through the 2029 season as well. His contract had two more years left before this extension but now he’ll be on the same timeline as Johnson.

Poles started as general manager with the team in the 2022 NFL season. He oversaw a trade with the Carolina Panthers during the 2023 offseason that ultimately secured the No. 1 pick in the 2024 NFL Draft. The team used that to select Williams, one of the top-rated quarterback prospects of the last decade.

That trade also netted the team wide receiver DJ Moore as well as picks that became right tackle Darnell Wright, cornerback Tyrique Stevenson, punter Tory Taylor and wide receiver Luther Burden III.

Williams’ rookie season in 2024 didn’t live up to expectations and the Bears made a mid-season coaching firing for the first time in decades. Chicago lost 10 of its final 11 games and finished the year as the worst offense in the league by yards and 28th by points scored.

Johnson orchestrated the No. 1 scoring offense in the NFL in 2024 with Detroit and brings an experienced staff with him to make changes. Longtime New Orleans Saints head coach Dennis Allen is in as the team’s defensive coordinator and former Kansas City Chiefs offensive coordinator Eric Bieniemy will coach running backs.

Chicago dealt for two-time All-Pro guard Joe Thuney this offseason and signed top free agent center Drew Dalman to upgrade the interior offensive line, a weak point in 2024. The Bears also dealt for former Lions guard Jonah Jackson to provide Johnson a familiar player on the interior offensive line as well.

Ryan Poles record

Poles has been the Bears’ general manager for the last three seasons. In that time, the team has gone 15-36:

  • 2022: 3-14
  • 2023: 7-10
  • 2024: 5-12

Ryan Poles history

Poles played offensive line at Boston College and went undrafted in the 2008 NFL Draft. Chicago signed him as an undrafted free agent that offseason but he ultimately did not make the team.

He returned to Boston College in 2008 as a graduate assistant and moved to the Chiefs a year later, initially as a scouting assistant. He worked his way up in the coming decade to the following positions:

  • 2010-15: College scouting coordinator
  • 2016-18: Director of college scouting
  • 2019-20: Assistant director of player personnel
  • 2021: Executive director of player personnel

He replaced Ryan Pace as the Bears’ general manager in January 2022.

This post appeared first on USA TODAY

Up to this point, the S&P 500 ($SPX) has now stayed above the 6,200-mark for eight straight days. The upside follow-through has been limited, but the drawdown has also been shallow. The onus continues to be on the bears to do something with the stretched state. We discuss this in terms of the CappThesis Market Strength Indicator below.

What Is the Market Strength Indicator (MSI)?

When the market makes strong moves, like they have recently, I like to review our Market Strength Indicator (MSI).  This isn’t some secret, proprietary formula. It’s a simple blend of trend, oscillator indicators, and patterns, factors that we base our market stance upon.

And surprise, surprise, the MSI is as bullish as can be with the SPX at new highs and up 30% in three months.

  1. The S&P 500 is trading above each moving average, and each moving average is sloping higher.
  2. The 14-day Relative Strength Index (RSI) and Williams %R are both overbought. We use both of these since it takes a considerable up move to get the RSI to overbought territory. And while the Williams %R swings to extremes much more easily, it can only stay overbought if the market continues to tick higher with minimal drawdowns. Clearly, all of this has been happening.
  3. And, of course, two big pattern breakouts remain in play. Two weeks ago, the MSI was even more extreme when we had four patterns in play at the same time.

Here are each of those indicators together on one chart. (We don’t show the patterns here since it would be way too much to display all at once – and that would be an offensive chart crime.)

The clear next question:

Now what?

Market Strength Indicator Now vs. April 7, 2025

First, the obvious. The MSI was completely depressed on April 7 after two months of intense selling and extreme volatility.

Interestingly, though, after that last massive downside gap on April 7, the final bearish pattern target was hit. That set the stage for a bottoming process to potentially begin.

With the pendulum now having completely swung from historically oversold to now extended, does a very bullish MSI suggest the upswing is unsustainable?  

Bulls and bears agree on one thing these days: The pace of the last three months can’t continue, and at any time, a pullback greater than the 3.5% drop from mid-May is going to happen. It’s just a matter of when. 

Now let’s look at the recent times when the MSI got to extreme levels like now.

Market Strength Indicator Now vs. 2023–24

The results are crystal clear. “Extreme” MSI readings are the result of strong technicals, which occur in uptrends. And uptrends tend to last longer than many think is possible or probable.

From this perspective, only once did a correction begin right after a high MSI reading – in July’24. At the time, though, only one bullish pattern was in play (the one with the long-term 6,100 target that was triggered way back in Jan’24). 

Now, of course, we have two live bullish formations, and for the uptrend to persist without a major market disturbance, we’ll need to see the next bout of profit-taking morph into the next set of short-term bullish formations.

Live Patterns

Our two live patterns remain – targets of 6,555 and 6,745, which could be with us for a while going forward. For those to eventually be achieved, though, new, smaller versions will need to be constructed.

Live Patterns

Our two live patterns remain – targets of 6,555 and 6,745, which could be with us for a while going forward. For those to eventually be achieved, though, new, smaller versions will need to be constructed.

If you’re serious about trading or investing, establishing a weekly market routine is a must. But where do you begin?  

In this eye-opening video, Grayson Roze, Chief Strategist at StockCharts, shares the method he uses every week to stay aligned with the market’s biggest drivers — the top 25 stocks by market cap

Learn how to build a customized ChartList of these stocks, sort the stocks by market cap, and different ways to review them to spot long-term trends or reversals.

Whether you’re new to charting or a seasoned technician, this routine could transform how you view the market. 

This video originally premiered on July 11, 2025. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.

The S&P continues to push higher, with the equity benchmark almost reaching 6300 this week for the first time in history. With so many potential macro headwinds still surrounding us, how can the market continue to reflect so much optimism? On the other hand, when will bulls wake up and realize that this market is obviously overextended and rotate significantly lower?

With the S&P 500 once again achieving new all-time highs, and with Q2 earnings just around the corner, I thought it would be a perfect time to revisit an exercise in probabilistic analysis. Basically, I’ll lay out four different scenarios for the S&P 500 index between now and late August. Which path do you see as the most likely and why? Watch the video, check out the first scenarios, and then cast your vote!

By the way, we last ran this analytical process on the S&P 500 back in May, and check out which scenario actually played out!

And remember, the point of this exercise is threefold:

  1. Consider all four potential future paths for the index, think about what would cause each scenario to unfold in terms of the macro drivers, and review what signals/patterns/indicators would confirm the scenario.
  2. Decide which scenario you feel is most likely, and why you think that’s the case. Don’t forget to drop me a comment and let me know your vote!
  3. Think about how each of the four scenarios would impact your current portfolio. How would you manage risk in each case? How and when would you take action to adapt to this new reality?

Let’s start with the most optimistic scenario, with the S&P 500 index continuing the recent uptrend phase to retest all-time highs by June.

Option 1: The Super Bullish Scenario

The most bullish scenario would involve the S&P 500 continuing a similar trajectory that we’ve seen off the April low. Growth continues to dominate, tariffs remain essentially a non-issue, volatility remains lower, and the market moves onward and ever upward!

Dave’s Vote: 10%

Option 2: The Mildly Bullish Scenario

What if the uptrend continues, but at a much slower rate? The “mildly bullish scenario” would mean the S&P 500 probably tops out around 6300-6400 but doesn’t get any further. Perhaps a leadership rotation emerges, and technology stocks start to pull back as investors rotate to other sectors and themes. Lack of upside momentum from the largest growth names slows the uptrend in a big way.

Dave’s vote: 30%

Option 3: The Mildly Bearish Scenario

Maybe “the top” is already in, and even though July is traditionally a strong month, we see a corrective move into August that brings the S&P 500 down to the 200-day moving average. Bulls and bears would probably feel quite vindicated here, as bulls would see this as a healthy pullback, and bears would see this as a serious wake up call for investors.

Dave’s vote: 45%

Option 4: The Very Bearish Scenario

We always need a doomsday scenario, and here we’ll describe how the S&P 500 could go back down to retest the May price gap. If Q2 earnings season becomes all about companies reflecting on a significantly negative impact from potential tariffs, and investors begin to not just complain about overvalued stocks but actually start selling as a result, we could certainly see a downside move to retrace about 38.2% of the April to July uptrend phase.

Dave’s vote: 15%

What probabilities would you assign to each of these four scenarios? Check out the video below, and then drop a comment on which scenario you select and why!

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

Chief Market Strategist

StockCharts.com

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

As we navigate the evolving stock market landscape, understanding key sectors and their trends is important, especially during earnings season. This week, the spotlight shines on the Financial sector, with several of the largest banks reporting. Five of the top 10 holdings within the Financial Select Sector SPDR ETF (XLF) are on deck: J.P. Morgan (JPM), Goldman Sachs (GS), Bank of America (BAC), Wells Fargo (WFC), and Morgan Stanley (MS). 

This week we will focus on the Financial sector via XLF and zoom in on one of its top components, Goldman Sachs.

The Financial Sector: A Technical Look at XLF

XLF has been outperforming the S&P 500 ($SPX), experiencing new all-time highs, and has been a leading sector in the most recent market rebound.

Now that all banks that were susceptible to the Fed’s stress test have passed with flying colors, questions loom about whether less stringent regulations will lead to more growth. The sector has not experienced much M&A activity, and the IPO market has yet to come back to a healthy level of activity. However, there is hope that a banking renaissance is on the horizon, and maybe this quarter will give a rosier outlook than more recent forecasts.

Technically, XLF looks promising. Shares broke out to new all-time highs ahead of earnings and are now set up with good risk/reward potential for investors. 

The pattern from which it broke out is a bit of a wonky head-and-shoulders pattern. I’d call this a stretch as it isn’t picture perfect, but the price image presented is close enough to set parameters to trade. 

The breakout on a gap to new highs is extremely bullish, and that gap level could be used as a stop-loss to the downside, worst case should be the rising 50-day moving average. Buyers should come back into the sector there on a dip.

Goldman Sachs (GS): A Bellwether

Goldman Sachs, the largest component in the price-weighted Dow Jones Industrial Average, reports results on Wednesday morning just days after hitting all-time highs. Investors will be looking for any commentary focused on tariffs and margins. 

Has there been any impact on their results, or have concerns about inflation been overblown? Any earnings pressure on their bottom line could cause ripple effects throughout other sectors like industrials, materials, and technology. 

Shares declined 33% then rallied 65% from their April 7 lows. Shares may need a breather as they are overbought, but that’s where opportunity may lie. Wouldn’t chase it just yet. I would own for the long term, but price action could be very interesting when they report next week. 

One bold prediction — look for a possible stock split announcement. Since their debut in 1999, shares have never split. Seeing the recent price surge and its size in the Dow, that option should be on the table. 

Technically, shares have been on a tremendous run as they’ve rallied 65% from their April 7 lows. Shares may need a breather as they are overbought, but that may be where the opportunity lies when they report next week. 

The stock has rallied with a series of gaps along the way. Those gaps tell a story, and it’s worth watching the most recent gap from $690 to $700. Each jump higher has not experienced a full retracement — a gap fill, if you will.

The gaps higher have been very bullish. The first large gap — a breakaway gap — started the main part of this rally. We have seen a series of smaller gaps that helped extend the rally. Now, we may be tiring. Watch the $690 level to see if that gap can hold. If it can’t, then there may be more selling pressure over the near term. 

A healthy pullback given the strong bull run is likely, but buyable. A break below $690 could see a swift move lower to the $665 level. If things turn negative, then the rising 50-day moving average, which coincides with a key Fibonacci retracement level just below $620 would be an ideal entry point from a risk/reward perspective. 

The good news is that any weakness in the stock looks like it should be met with great opportunities to enter the name. The long-term trend is up, and the momentum is there not only in the stock but within the sector. The long-term trader shouldn’t fret earnings; the swing trader may get an opportunity to buy a dip from an overbought condition. The bad news would be that the stock gaps higher again and continues its upward trajectory. 

Beyond Financials: Johnson & Johnson (JNJ)

While financials take center stage, we want to touch upon another significant company reporting this week: Johnson & Johnson (JNJ).

JNJ shares have remained relatively flat for the better part of five years. Much of the earnings focus will be on plans to navigate patent expirations. 

Merck acquired Verona last week. The patent cliff will continue to be a hot topic for the entire pharma industry. As for JNJ, it’s confronting the expiration of exclusivity on Stelara, its $10B+ immunology blockbuster drug. The exclusivity expires first in Europe this year and then in the U.S. in 2026.

As for reaction to earnings, don’t expect too much activity. The average move post-results has been +/- 2.05%. Shares have traded lower after five of the last seven times. Shares of the Dow stock are up 8% year-to-date and -9% off their highs.

Technically, there isn’t much to see here. We backed it out to look at price in a five-year weekly range to illustrate that point.

Shares have been in a wide range between roughly $138 to $168 over this lengthy span. Yes, I yawned when I typed this out — it’s that boring. We don’t expect much to change, but there are small setups for a shorter-term swing trader.

The stock, while breaking above the midpoint of this longer-term range, is forming a bullish ascending triangle and has, albeit tight, risk/reward parameters for those looking to trade. 

To the downside, look for the continued near-term uptrend to hold and find support right at the 200-day moving average just below $153. A good entry point in which one could manage risk. 

To the upside, a break above $158 could take shares to their recent highs and slowly and steadily towards the $168 level. The set-up is far from ideal when looking at the longer-term action, but near term, there could be a quick play and maybe, just maybe, shares can finally escape the longer-term neutral range. 


Is the market flashing early signs of a shift?

In this week’s video, Mary Ellen McGonagle breaks down the subtle but telling moves happening under the surface. From strength in semiconductors, home builders, and energy to surging momentum in Bitcoin and silver, Mary Ellen highlights the sectors gaining traction and the technical setups traders should have on their radar.

She also spots stocks breaking above key moving averages, potential reversal patterns, and discusses actionable insights heading into earnings season.

If you’re looking for timely trade ideas and a roadmap to where money is flowing next, don’t miss this breakdown.

This video premiered on July 11, 2025.

You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.