Schwab Network

John Jannarone discusses crypto and blockchain stocks and the Circle (CRCL) IPO, which saw strong gains after its debut, and Figma (FIG), which has fallen. He highlights the “extremely hot” IPO market and Fermi, Neptune (NP), and other companies going public. He also discusses how the government shutdown affects the ability of companies to file with the SEC. ======== Schwab Network ======== Empowe...

"Today is not just another day," says Peter Tuchman on the government shutdown. He's surprised markets didn't move lower in premarket hours but points to several bullish catalysts to explain why. Among them: institutional money on the sidelines and the start of an interest rate cutting cycle. As for the A.I. trade, the Einstein of Wall Street says the math checks out for the narr...

"The overall labor market is not getting stronger," says Kevin Hincks from the Cboe Global Markets. He highlights a 32,000 loss in private payrolls from the latest ADP employment report. Also ticking lower: mortgage applications, also noted by Kevin before Wednesday's opening bell. As far as the big picture when it comes to the government shutdown, Kevin urges investors not to panic....

Tesla (TSLA) has hiked its lease prices after E.V. tax credits expired. Rick Ducat points out the key levels to watch on its chart as shares hover just below 2025-highs. Tesla is up more than 100% from its 52-week low of $212.11. Later, Tom White looks at an example options trade for Tesla using a neutral to bearish strategy. Tom explains why selling his example call vertical has a downward stance...

Nikki Lanier says these are "tumultuous times" for the U.S. labor market and says the Fed will need to really think about its upcoming October meeting as its caught between a weakening jobs market and rising inflationary pressures. She adds her thoughts on the U.S. government shutdown and the ripple effects it will have on the labor market, the thousands of government workers that won&#3...

Nick Raich discusses Nike (NKE) after a better-than-expected earnings report. For the athleticwear company, he said "less bad is good on Wall Street" saying that Nike's expectations were low going into the report. Later, Nick examines the move higher in Constellation Energy (CEG) as nuclear energy gains continued interest to help meet the demands to power A.I. technology. He remains...

With the U.S. government shutdown in effect, the market's initial reaction has been relatively calm says Kevin Green, but that could change if the stalemate continues. The 10-year yield is currently flat, and the dollar is holding steady, but a prolonged shutdown could lead to a sell-off in equities and a flight to safety in Treasuries. KG notes that the ADP jobs report will take on added impo...

Ben Watson swings by Morning Movers to construct the technical layout for real estate company Zillow (ZG). Ben notes the strong upward trajectory over the last year, but highlights the recent weakness in shares testing 2 support levels at $78 and $74. Shares of ZG have fallen below its 50-day simple moving average with its Relative Strength Index (RSI) pointed downward. ======== Schwab Network ===...

Nvidia (NVDA) hit a record high yet again as it leads the A.I. trade in a continuing rally. Kevin Hincks argues that the chipmaking giant "has so much good news around it" that's it's hard to shake the current momentum. Tom White adds that "everyone wants to knock the king off the hill" and makes a bearish example options trade for Nvidia. Kevin holds his bullish stance through his own trade. ====...

Charles Schwab's Kevin Horner says the SPX's 20-day SMA can "very well" provide continued support for the index with "few and far between" breaks since April lows. In stock movers, Kevin points out a support range in Celsius (CELH) by widening the view in an 18-month chart. He later talks about the "intriguing" move in Lyft Inc. (LYFT) that opened the door for bulls. ======== Schwab Network ======...

Markets started Tuesday with red across the board but closed the day with gains, even with a likely government shutdown looming over the economy. A.I. stories led trading action, from Nvidia's (NVDA) new all-time high, CoreWeave's (CRWV) 11-digit deal with Meta Platforms (META), and Wolfspeed (WOLF) emerging from Chapter 11 bankruptcy. Marley Kayden takes investors through a busy day that...

Ahead of a looming government shutdown, Marley Kayden and Sam Vadas turn to stories that may have slipped under the biggest headline of the day. Included in today's final thoughts: the latest economic data from JOLTS and consumer confidence, paired with big moves in CoreWeave (CRWV) and Nvidia (NVDA). ======== Schwab Network ======== Empowering every investor and trader, every market day. Subs...

Andrew Brenner discusses why a potential government shutdown could be different this time around for markets and the economy. With a funding deal still out of reach, Brenner believes the uncertainty surrounding the release of key employment data could lead to a selloff in bonds and potentially make the Fed more cautious about cutting rates. He also discusses the impact on long-term treasuries, cit...

United Natural Foods (UNFI) eyes a turnaround as the stock hits multi-year highs. George Tsilis points to strong earnings offering muscle to the beaten-down stock, adding that a prior acquisition is beginning to show real "synergies" for United Natural Foods. He covers the financials and turnaround timeline to offer a clearer picture for investors. ======== Schwab Network ======== Empowe...

Tesla (TSLA) closed September on its best month in almost a year. After the stock's acceleration, what's ahead for the Mag 7 company's price action? Rick offers insight into key levels investors should watch with Tesla on track to hit historic resistance levels. When it comes to the options front, Rick highlights the stock's strong volume that continues to tilt bullish. ======== Sc...

Andy Unanue, a scion of the Goya Foods company, talks about the intersection of family-run businesses and private equity. He invests in food, beverage, and pets businesses. He sees a “good strong pipeline” of deals getting done and discusses at what point in a business’s life private equity may look like a good option for independent business owners. Andy also looks the “better-for-you” trend and...

Dr. Stephanie Guichard explains today’s Consumer Confidence data, which came in lower than expected. There’s no “clear trend,” she notes, but labor market woes may be adding more negative feelings. Consumers are also most worried about prices and inflation, with the second biggest factor being tariffs. She also talks about how confidence remains low even among top earners. ======== Schwab Network...

Lucas Downey recalls market moves during past government shutdowns. He discusses recent money flows, which are saying there are “going to be some winners and losers.” Lucas argues that inflows are sticky, and recurring names see a lot of strength, including AI and materials. He certainly “would not be selling” into a government shutdown, even if he’s not buying. He also checks outflows on Kenvue (...

Michael Landsberg discusses how the government shutdown could impact the release of economic data – and thus hit the Fed’s decision making. He talks about the potential of lower rates throwing “gasoline on the fire” of a market that’s already doing well. “The positioning of most people on Wall Street” is negative, he argues, meaning that retail investors could have an opportunity within the Mag 7...

Odeta Kushi and Eric Winograd break down the housing market and the most recent housing data. Eric sees an oversupply of new homes but a “frozen” market for existing homes, with mortgage rates leaving a lot of houses “locked up.” Odeta argues that homebuilders have ways of reducing prices that make them more successful, but says that might not last as pressures continue. ======== Schwab Network ==...

An eye-watering run higher from chipmaker Wolfspeed (WOLF) captured market attention as the company undergoes an extensive restructuring. George Tsilis talks about the exit from Chapter 11 bankruptcy that started the rally. However, George breaks down the math behind the action which explains why investors didn't actually get all of those gains. ======== Schwab Network ======== Empowering ever...

Adam Stettner believes the cannabis industry is primed for growth acceleration but faces critical roadblocks from D.C. Optimism was sparked after President Trump made a social media post that endorsed CBD use for seniors. Adam talks about the state and federal challenges for cannabis as the steps companies need to take ahead of potential legalization. ======== Schwab Network ======== Empowering ev...

Likefolio’s Andy Swan shares consumer sentiment data on Nike (NKE) ahead of its postmarket earnings. “Nike executives like to claim that a turnaround is underway, but our data just doesn’t show that,” he says. Web visits continue to slide along with the stock price. Andy also looks at upstart competitors capturing the market and gives his expectations for the quarterly earnings. ======== Schwab Ne...

Joe Cavatoni and Max Baecker discuss the gold rally. Joe continues to expect gold to rise, premised on an “undercurrent” of demand from central banks and more interest from retail investors, particularly in Asia. “There’s really nothing that’s going to stop it from here,” Max agrees, looking at how possible Fed moves would all be bullish for gold. ======== Schwab Network ======== Empowering every...

Colin Symons covers the ramifications of a government shutdown and expects a deal “next week.” He calls the issue “political theater” over healthcare and says the “big thing” to note is that the market saw strong gains during and after the 2018 shutdown. He has “modest” concerns about an AI bubble and thinks there are “easier places to invest right now,” including crypto. He likes Bullish (BLSH) a...