Schwab Network

Markets rallied for a third consecutive day thanks to expanding market breadth backed by mega cap strength. Alphabet (GOOGL) muscled an earnings beat after hours thanks to its cloud and Google search revenue. However, Intel (INTC) traded lower when its guidance didn't meet Wall Street's estimates. ServiceNow (NOW) shined as one of the top performers in the SPX after its earnings on Wednesday. Tom...

Today's rally on Wall Street was driven primarily by commentary from the Trump administration on tariff progress and assurances on Jerome Powell keeping his role at the Fed. Elon Musk is stepping back from his role at DOGE, which spurred a rally in Tesla's (TSLA) stock. Boeing (BA) moved higher as it tourniquets the bleeding on its cash burn, while IBM Corp. (IBM) posted an earnings beat....

David McAlvany thinks gold's recent pullback could be a buying opportunity. McAlvany attributes gold's rally to central banks, not retail investors, who he says have been largely absent from the market. With central banks continuing to buy up gold as a reserve asset, he believes the metal could ultimately trade between $5,000 and $8,000 an ounce, but it will take at least a couple years. =...

IBM Corp. (IBM) has been a recent outperformer amid the market's steep selling action. This evening, the company posted an earnings beat and reaffirmed its guidance despite tariff volatility. However, George Tsilis notes that investors may be looking for more information on IBM's generative A.I. business as the legacy tech firm expands its reach in software. ======== Schwab Network =======...

Today's Charles Schwab Big Picture panel focuses on the market moves sparked by today's economic data and news flow. On PMI, Michelle Gibley notes potential distortions markets may have missed. She also analyzes the growth between the SPX international markets. Kathy Jones explains the back and forth action seen in bonds as investors analyzed tariff comments from the U.S. Treasury Secretar...

Dan Deming looks at crude oil as it continues to hover around the $60 level, saying demand won’t be as strong as last summer and production is plentiful. He argues the “overarching theme” of bitcoin is institutional investment as it climbs above $93K. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabn...

While the SPX rallied today, the index fell significantly off the session highs. Kevin Green points out the bearish trends it created and the vortex of selling action investors can see on a further breakdown. On gold, Kevin sees a bearish divergence emerging in the futures, and silver could become a beneficiary. ======== Schwab Network ======== Empowering every investor and trader, every market da...

Mike Brown, President & CEO of Travel + Leisure (TNL), breaks down the company’s latest earnings report and consumer demand. “We saw demand at its peak in 1Q during March,” the last month of the quarter, he says. “Our bookings have been very consistent with what we expected in 2025.” As TNL sells timeshares, he says that their membership sticks around because of their prepayments. He talks abo...

PepsiCo (PEP) "has to win their customers back," says Andy Swan. Likefolio's data shows overall interest in the snacks and beverage conglomerate has fallen 24% year-over-year, compared to Coca-Cola (KO) only losing 4%. Consumers becoming more health-conscious is the likely culprit behind the company's down action. Until there's a shift in consumers, Andy says he's staying...

Jay Hatfield is constructive on markets now that he argues Scott Bessent has taken the wheel on trade. He says it’s “fine to do nothing” if you’re a long-term investor, or do some “dollar cost averaging.” He thinks the Fed are “terrible forecasters” and looks to the money supply to read the tea leaves on inflation. ======== Schwab Network ======== Empowering every investor and trader, every market...

Joe Schmitz compares investment approaches with an eye towards those retiring or approaching retirement. “It’s all about time horizon,” he emphasizes, looking at risk tolerance especially. He notes the “double loss” of taking investments out of the market during a downturn and talks about how to mitigate it. ======== Schwab Network ======== Empowering every investor and trader, every market day. S...

Mike Rode isn't surprised to see market weakness in 2025's first quarter, even without considering the tariff volatility. He points to high valuations and signs of a slowing consumer ending 2024 as harbingers. However, Mike urges investors to stay on their toes and watch for investment opportunities amid continuing volatility. He believes small and mid-cap companies can rally big as volati...

Tom White turns to unusual options activity he found in tech companies that recently reported or will report earnings within the next week. He turns to a pair of Mag 7 stocks in Apple (AAPL) and Tesla (TSLA). In mid-caps, he points out a bullish move in 3M (MMM). ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for...

Erin Sykes and Jordan McKenzie break down the big beat on March New Home Sales and discuss the state of the housing market. Jordan says it shows demand exists when affordability “lines up,” even with interest rates still in the 6.5% range. Erin notes home prices falling, and says bigger homebuilders can absorb some costs and will thus “weather better” amid tariffs and other concerns. ======== Schw...

Russell Hackmann discusses the importance of tax planning and his book, “Wall Street is Not Your Friend.” One of his contentions is that Wall Street is the “masters of hidden fees” aimed at investors with assets between $500K to the low millions. “A lot of people are overweight stocks and bonds,” he adds, “I’d rather buy a T-bill” than a bond fund. He also doesn’t think private investments being p...

Jharonne Martis previews retail earnings, noting that we’ve had “less than 10” positive pre-announcements from companies this quarter. She says analysts are staying bullish on Walmart (WMT), and Costco (COST), and that discounters tend to do better during economic downturns anyway. Tariffs remain the headline story for the sector. ======== Schwab Network ======== Empowering every investor and trad...

Alphabet (GOOGL) reports earnings after the bell Thursday. The Mag 7 giant sold off after its report last quarter when its cloud revenue didn't meet expectations. Even though the stock is 25% off its previous high, Caroline Woods says there's still pressure on Alphabet to deliver as a potential breakup looms over the company. ======== Schwab Network ======== Empowering every investor and t...

Cinthia Murphy brings ETF investing strategies for traders to consider. She notes that while the market is concerned about tariffs, demand for U.S. equity exposure remains strong, with $40B inflowing into U.S. equity ETFs in April alone. She highlights revenue-focused ETFs like EGLE & FLAG, as well as reshoring-focused ETFs like NRSH, RSHO, and MADE. ======== Schwab Network ======== Empowering...

Don Kaufman with TheoTrade goes bullish on Nike (NKE) as current technicals present a buying opportunity for him. However, he shows his bearishness in JPMorgan Chase (JPM) and the iShares MSCI Emerging Markets ETF (EEM). Rick Ducat turns to the bearish and bullish signals in the charts. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market...

Andrew Brenner says China deals are coming, “no question about it.” He doesn’t think the “Buy America” trade is “out the window” yet. He notes liquidity issues in the dealer community, which “the Treasury Secretary and the Fed have to address.” ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork....

AT&T (T) saw slight traction higher after posting its earnings beat. However, David Trainer believes most of the good news is already priced into the stock. He's more favorable on Verizon (VZ). However, Matt Maley points to AT&T's dividend as a strong defense play. He notes the company, alongside Verizon and T-Mobile (TMUS), are key stocks to watch amid tariff volatility. ========...

As Mag 7 earnings take center stage this week and next, Kevin Hincks looks at 2 names among the mega cap tech space. For both Nvidia (NVDA) and Meta Platforms (META), he composes an example call diagonal trade. Kevin explains the reasoning behind using May strike dates for two different stocks and how these trades are similar, yet different. ======== Schwab Network ======== Empowering every invest...

Karen Veraa Perry of Blackrock looks at fixed-income strategies. She highlights funds that are seeing strong inflows, noting that investors are “reducing risk” by moving into short-duration Treasuries. Long-duration is also seeing interest, with TLT seeing “$11 billion a day.” However, municipal bonds are underperforming. She also says there are still billions in money market funds sitting on the...

Jeff Pierce believes Chipotle's (CMG) after hour earnings is "not expected to wow investors." That said, he points to metrics investors should watch as indicators to Chipotle's overall health. The company is tackling tariffs as it aims to expand its reach outside the U.S. Prosper Trading Academy's Scott Bauer offers an example options trade for Chipotle. ======== Schwab Netwo...

Steven Dickens says IBM Corp. (IBM) is using A.I. from a cost-cutting and security perspective, which makes it an emerging leader in the industry. He turns to the tech the company's using that helps give it an upper hand against competitors. Tom White offers neutral and bearish example options trades for IBM. ======== Schwab Network ======== Empowering every investor and trader, every market d...