Schwab Network

Greg Halter spotlights the bank earnings as the season kicks off. He is a “big believer” in JPMorgan (JPM) and reacts to Jamie Dimon’s comments about the economy. He says markets haven’t given banks higher P/E ratios despite good results because they’re seen as a “regulated utility.” He also looks at Wells Fargo (WFC), saying it has “less in terms of diversification,” and Morgan Stanley (MS). ====...

Andrew Wells thinks the 10-year bond could test 5% much sooner than expected, and likes the front end of the yield curve as an investment opportunity. On the long end, though, he’s more skeptical as the Treasury attempts to deal with the national deficit. He says the U.S. may lose its status as a safe haven for assets amid the volatility and likes gold instead. In terms of trade, he thinks the “do...

Today's Chart Master segment turns to three stocks seeing new analyst reaction as they trade well-below their all-time highs. Jenny Horne talks about Citi's price target cut on Marvell (MRVL), Piper Sandler's halved price target on Deckers (DECK), and Mizuho initiating coverage on Target (TGT) with a neutral rating. Rick Ducat dives into the technical trends to paint the bullish potent...

Matt Bartolini says investors are seeking safety in a potential economic shift. He offers a wide perspective into the inflows and outflows he's seen in the ETF space, both in and outside the U.S. Gold continues to catch a bid while bonds experience lots of trading volatility, factors Matt says investor should watch in the weeks ahead. He urges investors not to discount equities, either. ======...

Citi lowered its price target on Nvidia (NVDA) to $150 from $163 and trimmed GPUs estimates as hyperscalers cut back A.I. CapEx spending. Jeff Pierce believes the price target cut won't leave a scratch on the A.I. giant's trajectory. 90% of analysts still have a buy rating on Nvidia, though Jeff Pierce urges investors to keep DeepSeek in mind as the Chinese A.I. model can generate headwind...

John Petrides believes everyone should listen to JPMorgan Chase (JPM) CEO Jamie Dimon's commentary on the economy during the company's post-earnings Q&A session. He thinks Dimon's words on a 50% recession risk and calls for bank deregulation can reach President Trump and push for policy change. Tom White offers example options trades for JPMorgan Chase and Goldman Sachs (GS). =====...

Bulls can draw a line in the sand as long as they can hold intraday levels. Kevin Green notes the ways they can gain ground on today's session but face volatility headwinds until the closing bell. One sign of weakness comes from the U.S. Dollar as it trades under $100. Turning to individuals stock movers, he talks about Tesla's (TSLA) decision to stop taking new orders for its Model S and...

“The probability of us slipping into recession is still pretty elevated.” Erick Kelly argues that the economy was already decelerating before the trade war and thinks GDP could “struggle to be in the 1% range this year.” He says China’s manufacturing dominance and ability is a “really big hurdle” to cross, and if we “continue to play hardball” it could be “very, very hard to unwind.” ======== Schw...

Kevin Hincks reports from the @cboeglobalmarkets as futures come in flat. The latest PPI print show gasoline prices sinking, something Kevin believes attributes to the U.S. winning the inflation fight. He doesn't expect the Fed to cut interest rates five times as markets may indicate, however, Powell could signal the start of a rate cutting cycle sooner than expected. On China, Kevin expects t...

JPMorgan Chase (JPM) initially rose in the premarket before slipping despite posting an 8% increase in year-over-year revenue. As Jenny Horne points out, intriguing commentary from CEO Jamie Dimon on recession risk may have investors on edge. As for Morgan Stanley (MS), its stock moved lower on its earnings beat and increase in investment banking revenue. ======== Schwab Network ======== Empowerin...

After attending Walmart's (WMT) annual investor meeting, CFRA's Arun Sundaram is turning more constructive on the big-box retailer and less bullish on conventional retailers like Kroger (KR). Sundaram downgraded Kroger to a hold rating, citing concerns over the company's ability to keep up with Walmart's expected 4-5% top-line growth. He believes Kroger's shares are now fairly...

United Airlines (UAL) earnings are set to take off next week. Ahead of the report, Rick Ducat looks at recent trends behind the chart's descent in 2025. Then, Tom White shares an example trade to play a potential post-earnings move. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before tradi...

Jim Thorne joins Morning Movers as trade tensions rise between the U.S. and China. He sees the U.S. dollar's depreciation against global currencies as a positive for global liquidity and will help the U.S. economy in the long run. For long-term investors, Jim urges them to look for opportunity in tech and industrial sectors. Among companies he believes are well-positioned: Nvidia (NVDA). =====...

Rachel Dashiell analyzes the technical patterns behind American Express (AXP) after shares hit an all-time high earlier this year. On the short-term, she sees a potential triangle pattern forming. For the longer-term picture, she sees support at $220 holding steady despite a recent pullback with the overall markets. ======== Schwab Network ======== Empowering every investor and trader, every marke...

China responded with retaliatory tariffs of 125% on U.S. goods. Kevin Green explains that the hike is significant, but notes that equities have shrugged it off. KG looks at heightened volatility and technical levels to watch for the U.S. Dollar (/DX). Then, he dissects earnings and guidance from the largest U.S. bank: JPMorgan Chase (JPM). ======== Schwab Network ======== Empowering every investor...

China raises tariffs on U.S. goods to 125% as both countries escalate the ongoing trade war. Tesla (TSLA) suspends orders of Model X and Model S vehicles made in China. And, JPMorgan Chase (JPM) delivers an earnings beat, while its CEO delivers a dire economic outlook. Jenny Horne walks through the Friday movers to keep on your radar. ======== Schwab Network ======== Empowering every investor and...

Tariff volatility continued to bring violent swings in the indices, leading to the NDX falling 7% at the lows of the session. Multiple firms readjusted their price targets on Mag 7 stocks, including Microsoft (MSFT), Amazon (AMZN) and Meta Platforms (META). CarMax (KMX) sunk to lows it hasn't seen since late 2023 off a lackluster earnings report. Caroline Woods takes investors through the bigg...

Homebuilding stocks had their foundations rattled before tariffs were in the macro conversation. Jake Clopton says home prices will increase but notes a bright spot in lumber prices from Canada going down. That said, he believes the industry will face more complications before it gets better. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the...

George Tsilis takes a closer look at the tech trade following rampant, volatile trading action. He says the industry has held up reasonably well despite the turbulence. George notes a renewal of risk-taking appetite for A.I. and the ways investors priced for tariff uncertainty ahead of last week's news from the Trump administration. However, he notes Apple (AAPL) as the focal point for "w...

Tariffs continue to drive markets, and bonds showed no exception. @CharlesSchwab's Cooper Howard talks about the bond rally seen over the last few trading sessions and how it factors into investors navigating all the "narratives" coming from headlines. He notes the odds of economic recession have increased, leading the Fed to question how to handle interest rates amid uncertainty. ==...

Kevin Davitt examines other huge single-day market moves in history, noting that many came around the 2000-2001 and 2008 financial crises, with the most recent one in March of 2020 as the pandemic shutdowns hit. He breaks down options market moves and “record-breaking” volumes during this round of volatility – which he thinks could remain high “indefinitely.” ======== Schwab Network ======== Empow...

Lev Ekster, President of Lucky Strike Entertainment (LUCK), formerly Bowlero, discusses the company’s rebrand. He says they’re seeing “phenomenal” results, with more visitors and better customer satisfaction. He talks about their entertainment portfolio, which includes bowling lanes and water parks. Lev emphasizes the “elevated entertainment experience” as the most important lens to view the compa...

Markets pulled back significantly off yesterday's historic rally, but Kevin Green notes pointed to a close above 5,214 in the SPX as a win for bulls. He talks about the battle between bulls and bears and how there's room to run for a retest at the 5,600 level. However, Kevin signals an imminent bear cross in the 10-Year Treasury Note as an approaching headwind. ======== Schwab Network ====...

Brian Allen doesn’t think the market has reached its lows yet, saying “we’re still lost in Limbo.” He uses historical comparisons to argue that there’s more downside to come, and doesn’t think we’ll see any resolution to uncertainty until June at the least. He says there’s over 50% of a U.S. recession and that the SPX could fall below $4,000. Right now, he likes communication services, but is unde...

Brad Lamensdorf and Jeff Zananiri examine CarMax (KMX), which hit a 52-week low after quarterly earnings. Brad notes that CarMax finances a lot of its own cars, which will hit them as volumes fluctuate in the trade war and interest rates stay high. Jeff is a “little cautious” since they didn’t release guidance, and says the stock isn’t “beaten up enough.” ======== Schwab Network ======== Empowerin...