Schwab Network

Michelle Gibley with Charles Schwab turns to the international front, noting other countries' exports meant for the U.S. led to a healthy increase in international GDP. However, China is starting to feel downside impact of tariffs. Michelle adds that GDP and other March data in the U.S. make it too early to see tariff impacts in the states. ======== Schwab Network ======== Empowering every inv...

Ed Meyercord, President & CEO of Extreme Networks (EXTR), explains the A.I. networking his company offers and looks at the company’s financials. They create private networks for clients, including stadiums, universities, and so on. With all their hardware suppliers abroad, he discusses potential tariff impacts and says “historically” the industry passes higher costs to customers. ======== Schw...

Axel Merk is taking GDP numbers with a “grain of salt,” noting a similarity between frontloading tariff orders and frontloading computer orders ahead of Y2K. Afterwards, he recalls ripple effects because of the pulled forward demand. He describes the messy interlocking of financial systems and what effects we might see soon. Tariff impacts “are a product of math, not politics,” he adds. ======== S...

Michael Grant sees the U.S. in a slowdown, but not a recession. As tariff headlines dominate, Michael believes markets want to see trade confrontations limited to China, though trade deals elsewhere can add a cushion to prevent new lows in the SPX. While Michael says escalation with China happened too fast, tax cuts and deregulation in the states can open a path for markets to reclaim all-time hig...

While Pat Haskell thinks it’s imperative for investors to stay in the markets, he does see fixed income opportunities with yields at levels we haven’t seen for years. He highlights the municipal bond market in particular, though he notes it has lower liquidity. He also warns investors away from rural hospitals. He expects the Fed to start an easing cycle in the next month and thinks we could have...

Kevin Roberts with CarGurus expects auto tariffs to squeeze wallets for potential car buyers, even with Tuesday's updates on some auto tariff relief. That said, Kevin thinks trends favor the auto industry's outlook. He talks about pricing pressure consumers can expect at dealerships as tariff volatility persists. ======== Schwab Network ======== Empowering every investor and trader, every...

Likefolio’s McDonald’s (MCD) consumer data is positive, and they’re bullish on MCD’s tech integration. Andy Swan says, “from an execution standpoint, they’re just better than everyone else.” He looks at their wide footprint and their franchise business, calling it “unbelievable.” ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute...

Tom Essaye gives his take on Caterpillar (CAT) after it missed earnings estimates on the top and bottom line. “Dealers lowered their inventory,” he notes. “In the short term, that’s a little bit concerning.” But long term, he sees positives, including a much higher backlog and management sticking to its forecasts for margins. His biggest areas of concern are in their foreign business if countries...

Western Digital (WDC) is "in a good spot right now," according to Matthew Bryson. He cites its hard drive business and limited tariff exposure as signs that the "old tech" company has room to run with the next leg in A.I. Lee Munson calls Western Digital a value play in the space, though he still sees Nvidia (NVDA) and AMD Inc. (AMD) as the stocks to own despite tariff uncertai...

Brandon Pizzurro argues that despite market angst, most investors won’t see a huge portfolio move month-to-month, saying we’re in a “plateau of uncertainty.” He covers recent economic data and tariff impacts. His bright spots include EPS coming in strong across earnings season and thinks stock pickers have a lot of opportunity. ======== Schwab Network ======== Empowering every investor and trader,...

Bryant Vancronkhite likes the health care sector, dividing it between the “offensive” and “defensive” buckets. He likes clinical research organizations, calling them “critical assets” for the longevity of the health care industry. His picks include Labcorp (LH), Charles River (CRL), and Humana (HUM). Turning to homebuilders, his pick is D.R. Horton (DHI). Of the Mag 7, his favorites are Microsoft...

Mel Casey surveys the consumer discretionary sector, noting bad news from autos and cruise lines, but strength still in hotels. He thinks the negative GDP reflects pulled forward demand ahead of tariffs. Right now, he says it’s important to make sure no name dominates your portfolio, even if it’s strong. “We’re stress testing the consumer,” he notes, but thinks there’s still too much unknown. ====...

Microsoft (MSFT) is the best performer of the Mag 7 this year... but it's still down about 7% in 2025. Caroline says it can reclaim investor interest through its A.I. CapEx and cloud revenue, though both face headwinds in a tariff-led economy. Jenny Horne later joins the conversation and adds that Microsoft also serves as a barometer for other aspects of tech investors may miss. ======== Schwa...

Ahead of Microsoft (MSFT) and Meta Platforms (META) earnings, Jason Ware considers MSFT a stable company but faces challenges with its OpenAI partnership. He also considers Meta a "pure play" in digital advertising, saying its report can shape guidance for other companies. Skyler Weinand expects another "blowout quarter" for both Big Tech names but admits guidance may paint a m...

Larry McDonald describes measuring the “life cycle of a narrative” as investors deal with volatility and pounce on any trade news. He thinks the move in the dollar is “overdone,” but thinks the momentum will not change for the next 6 months. “You need a new portfolio construction right now.” He thinks it should be weighted 30/30/40 stocks, bonds, and commodities. ======== Schwab Network ======== E...

TheoTrade's Don Kaufman remains bearish on many stocks. He explains why he's turning to bearish options trades in Lululemon (LULU) and Target (TGT). However, when it comes to the iShares 20-Year Treasury ETF (TLT), Don expects a "double down dove" Jerome Powell to spur a bond rally. Rick Ducat dives into the bearish and bullish technicals he sees in the charts. ======== Schwab Ne...

Matt Tuttle says he's holding his shares of Supermicro (SMCI) after the company signaled a weaker third quarter than previously expected. He expects the stock to have more downside action but believes in its long-term potential. Nvidia's (NVDA) Blackwell A.I. chip is what Matt anticipates will offer strength for Supermicro, even as Nvidia tries to keep Huawei from stealing market share. ==...

Ahead of highly anticipated earnings events, Kevin Hincks uses an example call diagonal strategy for two of the Mag 7 stocks. For Microsoft (MSFT), he buys a May 16 $385 call and sells a May 2 $400 call for a debit of $9.70. For Meta Platforms (META), Kevin uses the same strike dates but explains how the trade is both similar and different than MSFT. ======== Schwab Network ======== Empowering eve...

Philip Diehl, President of the U.S. Money Reserve, discusses why gold can continue its rally. Looking at central banks around the world, particularly the People’s Bank of China, he says there is uncertainty about how much gold is actually going into their reserves. However, gold is still clearly being bought in huge quantities. He also looks at projections for gold prices, with some banks estimati...

Meta Platforms (META) reports earnings after the close. CEO Mark Zuckerberg said the company's A.I. outlook is strong, and Caroline Woods believes the Mag 7 giant needs to prove it. However, she adds that it won't just be A.I. results and guidance in focus, stating that advertising revenue is under pressure with Chinese companies pulling out of the U.S. ad space. Prosper Trading Academy&#3...

Paul Golding says Visa's (V) earnings seemed relatively stable with guidance that may withstand tariff volatility. Cross-border travel metrics show cracks forming but thinks it can still outperform markets. Tom White offers example options trades in Visa and Mastercard (MA). ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are n...

Breaking news hits Morning Trade Live with PCE and pending home sales hitting the wire. Alex Coffey analyzes the slew of information and breaks it down to paint a picture for the Fed's rate cutting path. He believes pressure in the dual mandate could shift to growth. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newslett...

Companies continue to pull guidance amid continuing macro uncertainty. Snap Inc. (SNAP) was the latest to do so, as Diane King Hall notes the social media company also faces pressure from advertisers. Norwegian Cruise Line (NCLH) noted expectations of softening demand as the company sells off over its earnings miss. One winner was seen in Western Digital (WDC) in strong year-over-year growth. ====...

“We’re not even close to conditions” for a bull market, argues David Lundgren. “We’ve gone from broken and oversold to broken and overbought…which in a bear market is a rough place to be in.” He compares the current technical data and market momentum to the 2008 crisis to show defensive positioning signals flashed early. ======== Schwab Network ======== Empowering every investor and trader, every...

Peter Tuchman says the markets are seeing a situation that "did not have to happen." He believes pressure is mounting on the Trump administration to deliver tariff deals before recession risks take over the economy. Peter points to Nvidia's (NVDA) recent struggles as a sign the market's fade may be more troubling than many are predicting. ======== Schwab Network ======== Empoweri...