Schwab Network

Kevin Hincks notes markets inching back to all-time highs despite a wealth of uncertainty lingering over investors. Some things he suggests are giving investors hope: a soft ceasefire between Iran and Israel, and positive inflation commentary from Fed chair Jerome Powell. The concern Kevin points to is valuations creeping back to rich levels as tech propels the SPX higher. ======== Schwab Network...

“Making new highs is the most bullish thing a market can do,” says Willie Delwiche as the SPX nears all-time highs. However, he’s looking for more stocks within the SPX to hit all-time highs, a sign of market breadth. He thinks investors should be long international equities and also likes the industrials sector. Looking at investor allocations, he doesn’t see a lot of room to the upside in market...

Some of this morning's biggest stock movers trended to the downside. Diane King Hall talks about FedEx's (FDX) selling action after it posted an earnings beat. As she explains, tariffs continue to plague the company's outlook. Diane also notes the mixed report from General Mills (GIS). One stock rallying this morning is Coinbase (COIN), thanks to a price target hike from Bernstein on e...

The NDX hit a new all-time high and the SPX isn't too far behind. Kevin Green points to the technicals behind today's all-time high push and what may be needed to move the SPX to a new milestone. He later points to chips through the PHLX Semiconductor Index (SOX) and Nvidia (NVDA) to explain why chips may be needed for the rally. ======== Schwab Network ======== Empowering every investor a...

Tom White previews Micron (MU) earnings and points to the technical patterns taking shape on the chart. He points to the recent uptrend taking place with shares up 35% this month following a longer-term downtrend over the past year. Tom does highlight "overbought" conditions indicated by the RSI momentum study. Later, he illustrates an example trading strategy using a bullish call diagon...

Chris Versace joins Diane King Hall at the NYSE to discuss this week's top market-moving events. He begins with his analysis of Jerome Powell's testimony to Congress, peeling back the layers of the Fed Chair's approach to combatting inflation despite tariff-price impact. Chris argues that the upcoming PCE Index is a "May number" and believes the "June-July" data wil...

General Mills (GIS) shares are lower following mixed earnings. CFRA's Arun Sundaram joins Morning Movers to discuss the consumer staple's difficult year and pivot within its business model to "spur volume growth." Arun adds that it is impacting all packaged foods companies, while indicating that there will likely be more promotions and changes to pack sizes to "get things go...

Bernstein raised its price target on Coinbase (COIN) to $510 from $310. Rachel Dashiell provides the technical analysis on the crypto-related stock. On the 1-year chart, she indicates that futures are pointing to a new 52-week high and highlights a golden cross that took place in Tuesday's trading session. But on an even longer time-frame dating back 4 years, she looks at $342 as an area of re...

Kevin Green kicks off the trading day with his eyes on the grind higher in the S&P 500 (SPX), pointing to moves in Apple (AAPL) and Nvidia (NVDA) being key to bringing the index to possible new all-time highs. However, he adds that concentration risks reside within the Mag 7 and would want to see broader participation in the rally. Additionally, KG mentions the credit default swaps being eleva...

FedEx (FDX) falls after an earnings beat as investors gauge the company's decision to not provide long-term guidance. Coinbase (COIN) rallies after a price target hike from Bernstein. And, Microsoft (MSFT) shares reached new all-time highs as talks with OpenAI evolve. Tom White examines some of Wednesday's top premarket stories. ======== Schwab Network ======== Empowering every investor an...

Duncan Angove breaks down the takeaways from Blue Yonder’s 2025 Global Consumer Sentiment on Grocery Inflation survey. He notes that consumers are pulling back “entirely” from some categories and says that they are very deal-driven. He says that blaming it all on tariffs is not “strictly accurate,” as most food in the U.S. grocery stores is “sourced locally.” However, he acknowledges tariff impact...

Sam Vadas wraps up Tuesday's trading action with shares closing in the green. All 4 major indices built on Monday's rally as investors positively react to calming tensions in the Middle East. On the stock front, Broadcom (AVGO) soared to new all-time highs on the back of an upgrade. Mastercard (MA) announced a partnership with Fiserv (FI) signaling further stablecoin adoption. And, Carniva...

Louis Kondratev breaks down the demographics behind crypto adoption, showing how Americans are trying to change the narrative around the digital assets from an investment to a payment tool. He adds the blockchain technology is "just as exciting" as the actual cryptocurrency itself. Louis says blockchain markets could rise substantially within the next 2 years, pointing to Circle (CRCL) a...

Aeva Technologies (AEVA) shares spiked to a new 52-week high today. George Tsilis dissects the recent bullish activity in the name, pointing to its lidar technology being used by Waymo as a possible catalyst for the stock. For AEVA, George says the company provides sensor technology for the industrial space competing against AMD's Xilinx and Luminar (LAZR). George also details AEVA's partn...

Mike Townsend says we'll probably know by Thursday afternoon if President Trump's "Big, Beautiful Bill" will realistically make it through Congress by July 4th, saying the next 48 hours are critical. Nate Peterson adds perspective on Tuesday's rally, pointing to a stable bond market underneath the equity rally. Nate says the next hurdle that could disrupt the current market m...

“It’s a long-term story,” David McAlvany says of gold, and it’s still going even as the metal pulls back from all-time highs. He compares buying gold futures to buying gold mining companies, and why investors might be interested in each. He says Bitcoin is “clearly not a safe-haven asset” and he thinks companies with it on the balance sheet could be in trouble if the market falls. For crude oil, h...

Kevin Green interprets today's options flow activity and price action as the S&P 500 (SPX) builds on Monday's rally. KG says the 6100 level will be a key area of resistance, adding that a close around the "6080ish level" is still a decent day. Later, he pulls up the "vol of vol" VVIX volatility chart as it falls alongside the equity rally. KG is watching any test of...

Following a 10% downside move for crude oil so far this week, Vikas Dwivedi sees the downtrend continuing in the near-term. He sees lower risks out of the Middle East, but doesn't say it's over. Vikas says "high 50's/low 60's" could be a reasonable range for brent crude to trade in. On the positive side, Vikas commends U.S. response and action to calm volatility in the en...

Ben Emons thinks Fed Chair Jerome Powell’s comments soothed the market as it hopes for a rate cut. He gives his outlook for this week’s economic data and geopolitics. He thinks investors have a chance to buy the dip and gives his side of the TACO argument. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://sc...

WM (formerly Waste Management) President and Chief Operating Officer John Morris joins Nicole Petallides at the NYSE to celebrate his company's investor day. He discusses current company initiatives, including a growth into the healthcare services space with its Stericycle acquisition. Morris calls the company "recession resistant" and details the current workforce, WM's evolutio...

Jeremiah Riethmiller explains how the Israel-Iran conflict has impacted markets. He says the best time to have traded oil would be in early June – but “hindsight’s 20/20.” An “easy catalyst” for a market move higher would be a rate cut, but he doesn’t expect one. Instead, he’s watching 2Q earnings closely for how companies are “wrapping their hands” around tariffs – and the fate of the ‘Big Beauti...

Matt Maley and Assia Georgieva cover Carnival’s (CCL) earnings beat. Matt thinks the stock still looks “quite good” at these levels. Still, he warns investors to keep a close eye on employment levels, which will affect consumer demand. Assia says its last two quarters are “especially impressive” with strong guidance beats and cites its strong demand metrics despite headwinds. ======== Schwab Netwo...

Kevin Horner’s back for Technical Tuesday. On the S&P 500 (SPX) chart, he’s looking at the $6100 level and potentially all-time highs. He surveys Datadog (DDOG), which has bounced up from an April low and is near a resistance level at $131. He returns to Nebius (NBIS) to talk about the bull flag pattern it has made since the beginning of the month. ======== Schwab Network ======== Empowering e...

Gorilla Technology (GRRR) shares are recovering from a steep sell-off on Monday, as the company agrees to acquire Thai A.I. firms CNS and CANS. George Tsilis looks under the hood to understand the company's deal and what's driving GRRR growth this year. Shares of GRRR are up more than 900% from its 52-week low. ======== Schwab Network ======== Empowering every investor and trader, every ma...

HSBC upgraded Broadcom (AVGO) to a buy from a hold rating. Diane King Hall discusses the analyst call that AVGO's custom chips revenue will beat market expectations. Shares of Broadcom touched new all-time highs following the HSBC upgrade. Diane adds that Street chatter has led some to add AVGO to the "Mag 7" group, and says that hyperscaler growth would also be a catalyst for Broadc...