Schwab Network

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...

Mish Schneider with @marketgauge thinks there's potential a bottom was found following Wednesday's massive rally off President Trump's tariff pause. She turns to signals in bonds and the SPX through the SPY ETF that flash green lights for buying action. On commodities, Mish talks about the signs she looks for in indicate risk behavior. ======== Schwab Network ======== Empowering every...

Axel Merk covers the commodity market, saying lower oil prices are a type of “economic stimulus,” and it could be doing “some of the Fed’s job.” Looking at gold and silver, he notes that gold prices are reacting to other drivers as investors look for safety, while silver has industrial uses. Gold is his core focus, noting that big producers are struggling to keep up supply, forcing names like Barr...

George Schultze talks about the ways his firm has tackled tariff-induced markets through short positioning. He looks for companies that will see heavy impacts from the tariffs or hold excessive debt. George also talks about recession risks with tariffs combined with DOGE-led job cuts. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market M...

Landon Swan with @LikeFolio believes Walmart (WMT) is well-positioned to withstand the tariff storm. He points to web visits beating competitors other that Target (TGT), paired with its delivery and ecommerce moat. Landon expects that moat to widen with amount of stores the retail giant has across the U.S. ======== Schwab Network ======== Empowering every investor and trader, every market day. Sub...

“I was a little surprised it wasn’t worse,” says Robby Silk of Delta Airlines (DAL) earnings. He thinks the airlines are in for “a bit of a hard spell,” but the premium carriers have “opportunity” simply because of their stronger balance sheets. He thinks DAL falls into this category, as opposed to Southwest (LUV), or JetBlue (JBLU). ======== Schwab Network ======== Empowering every investor and t...

Volatility remains king in the stock market, and Kenny Polcari turns to his Big 3 he believes can still muscle gains. He explains favorable technicals and dividends behind L3Harris (LHX), Mastercard's (MA) strong earnings performance, and Amazon's (AMZN) "sale" from all-time highs. Rick Ducat dives into the technical trends he sees in the charts. ======== Schwab Network ========...

Tim Davis and Mark Vitner react to the March CPI print, which came in cooler than expected. Mark notes that because Easter comes so late in April, demand was delayed in March, and expects it to pick up more in the summer. Tim says his fear was “the data was already stale,” as forward-looking projections get harder. However, with energy and housing prices declining, it’s a “green light” for the Fed...

Carley Garner puts oil in focus as prices fall below $60. She sees $65 as resistance – “a pretty good ceiling” – and thinks “we’ll work down into the $50 range before all is said and done.” She notes that crude has seen several failed rallies over the last few years. She advises limiting risk in any oil trades, saying there’s significant downside risk. ======== Schwab Network ======== Empowering e...

Boeing (BA) reports earnings later this month and Amazon (AMZN) will be among several notable tech names to release in May. Kevin Hincks takes these earnings events into account as he constructs example options trades in both names. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading,...

Todd Rosenbluth points to a spike in interest in gold and real estate ETFs, as well as ETFs betting against the market in the last few days. He says investors are looking for “stability” and defense, and are researching new sectors as well. The inflow for actively-managed ETFs crossed $1T for 2025 recently, he adds, saying the category “continues to punch above its weight.” ======== Schwab Network...

@OptionsPlay's Tony Zhang sees Tesla (TSLA) slipping below its $220 where is established support in recent weeks. Rich valuation, disappointing deliveries and a challenging EV market are three of the biggest concerns Tony has with the Mag 7 company. He later offers a look into an example options trade for Tesla. ======== Schwab Network ======== Empowering every investor and trader, every marke...

JPMorgan Chase (JPM) will lead big bank earnings alongside Wells Fargo (WFC) and Morgan Stanley (MS). Caroline Woods notes CEO Jamie Dimon has given commentary recently suggesting downside in economic activity. She weighs how tariff uncertainty and recession risk play into outlook for banks despite Wednesday's historic tariff pause rally. Joe Tigay offers an example options trade for JPMorgan...

With tariffs impacting vehicle prices, Karl Brauer looks at the pricing fluctuation potential for new and used cars. Looking at Carmax (KMX) and Carvana (CVNA) as two of the largest used vehicle retailers, Karl sees a lot of reach for KMX and says the tricky part will be incremental growth. He says so much of the forward picture for KMX and auto retailers is reliant on tariffs, consumer sentiment...

Kevin Green is closely watching the S&P 500 (SPX) 50 and 200-day SMA inching towards a "death cross" pattern, which he says could lead to a counter-trend rally. Looking at the 10-year/3-month treasury spread, he says it has been a leading indicator for the SPX amid the ongoing tariff headline volatility. ======== Schwab Network ======== Empowering every investor and trader, every mar...

While overall markets open lower, Diane King Hall looks at an earnings mover in Constellation Brands (STZ). The alcohol and spirits manufacturer announced plans to sell several of its wine brands, and it reported soft guidance amid an uncertain tariff-outlook for its global distribution. To the seas, Morgan Stanley's analyst revealed a bullish tone on the cruises. And to the streets, Diane dis...

Kevin Hincks says this market is "piling up good, hard data point" following a better-than-expected CPI and Jobless Claims report. He looks at the drop in gasoline and energy related prices that have weighed on inflation costs. Kevin then addresses upcoming Fed speakers and why the expectation for rate cuts will likely rise. In terms of the tariff headlines, he says to "buckle up&qu...

Jason Greer reassures investors that the labor market is still strong. Because of this, he doesn’t think we’re hitting recession. He says his business clients are hitting pause for a few months as they try to “read the tea leaves” and wait for a trade resolution. He is advising his clients not to panic and to focus on their existing workforces. ======== Schwab Network ======== Empowering every inv...

It's tale of two tech stories from Jenny Horne to kick off Morning Trade Live. TSMC (TSM) reported a 46.5% March revenue increase from last year's levels as the company looks for clarity on Pres. Trump's tariff policies. Then, Jenny looks at one of the Mag 7 stocks - Microsoft (MSFT) - after it gets a price target adjustment from Wedbush's Dan Ives to $475 from $550. ======== Schwa...

TSMC (TSM) reported Y/Y 1Q growth despite increasing uncertainty over U.S. trade and tariff policy. Rick Ducat and Tom White take a look at the technical trends and options open interest in the semiconductor stock. Tom puts together an example bullish call diagonal. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter -...