Schwab Network

Another milestone was reached during today's trading session after Nvidia (NVDA) became the first company to hit $4 trillion in market cap. As Marley Kayden explains, the A.I. giant made history despite companies like Apple (AAPL) and Microsoft (MSFT) being much more established for far longer. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe t...

Landon Swan from Likefolio looks at Delta Airlines (DAL) before earnings. He says that Delta is “the leader in business travel, the leader in premium international,” which are strong recurring revenue categories. He notes an increase in its loyalty program, especially versus competitors. However, it remains on the more expensive end. “We need to see a positive attitude out of the CEO” on this earn...

Ken Leon believes Netflix (NFLX) will continue its rally as a streaming champion. He talks about the company's ability to expand content and keep itself out of tariff exposure as bullish signals. Alicia Reese agrees, as long as Netflix continues to show notable revenue growth. She later turns to Warner Bros. Discovery (WBD) and offers insight behind its potential growth drivers. ======== Schwa...

Paul Schatz thinks we could have a rally in 4Q up to $6,600 in the SPX, but thinks it will be hard to get there without a pullback first. “At some point, second half of the year, you’re going to get a tariff tantrum…and markets are going to rally.” He argues that the market will move on past tariffs and onto some other news this year, fully pricing trade in. Some of his stock picks right now are C...

Don Kaufman TheoTrade says he's stepping in front of a "freight train to the upside" with Broadcom (AVGO), arguing there's room for bearish divergence in the stock. He also shares a bearish perspective on Target (TGT) and a bullish view on the iShares Silver Trust ETF (SLV). Don offers example options trades for all three names while Rick Ducat dives into the charts. ======== Sch...

Delta Airlines (DAL) will lift off the earnings runway on hopes of a beat. Sam Vadas notes the "relatively stable" expectations from Wall Street for the report but adds tariffs will add pressure to the outlook. One thing Prosper Trading Academy's Scott Bauer believes helps the company: lower oil prices and an expected strong travel season. He also offers an example options trade for...

Burt Flickinger argues that Target (TGT) remains attractive because it's "so undervalued" but says he still wouldn't buy the stock. He points to the company's management team as a key issue, along with Target's distribution system. One positive Burt notes is Target's philanthropy and security compared to other retail giants like Walmart (WMT), though he believes it ne...

Meta Platforms (META) is moving to eyewear. As Diane King Hall explains, the Mag 7 giant is seeking to build its own A.I. glasses. In the healthcare space, Merck (MRK) has entered an agreement to acquire Verona Pharma (VRNA). Diane also dials investors in to a T-Mobile (TMUS) downgrade from Keybanc, as the firm warns investors of near-term headwinds. ======== Schwab Network ======== Empowering eve...

The SPX still shows bullish signals, says Alex Coffey. He points to the technicals in his "stop light" approach showing how momentum can continue to and beyond all-time highs. He later turns to the VIX and its muted response to recent uncertainty. Alex gives investors historical insight to explain why it continues to hover near 16. ======== Schwab Network ======== Empowering every invest...

Claudia Sahm explains how 50% copper tariffs would undercut U.S. manufacturing capabilities and argues more broadly that tariffs are “in the pipeline” on their way to hit impact consumers. She calls the slowdown in private payrolls “notable” as she looks at the labor picture. “We’re not in a bad place, but the direction we’re heading…gives us less support on the consumer side going forward.” Howev...

Oppenheimer upgraded Microsoft (MSFT) to outperform, citing Azure growth as the thesis behind its bullish sentiment. Jenny Horne talks about how the Mag 7 giant made itself a reliable company in the A.I. trade, even amid volatility. She later turns to headlines on Jeff Williams stepping down from his role as Apple's (AAPL) COO. ======== Schwab Network ======== Empowering every investor and tra...

Kevin Hincks tells investors to expect headlines today. Today was the original end to President Trump's 90-day tariff pause. However, Kevin explains that the administration has opened a "window" for tariff talks until August. The FOMC meeting minutes from June can also draw investor interest if Fed heads show signals of cutting interest rates in September. ======== Schwab Network ===...

Rick Ducat swings by Morning Movers with a look at the chart of Delta Airlines (DAL). He provides the technical setup for the travel name ahead of its earnings report tomorrow morning. Rick says a cluster of moving averages and limited trading ranges could mean volatility ahead. Later, Tom White provides an example options trade using a call vertical strategy. ======== Schwab Network ======== Empo...

Eli Horton says his firm at TCW is more active in names outside of the Mag 7 and megacap tech names. He sees opportunities in the other 490 names as roughly 40% of the S&P 500 (SPX) is concentrated into 10 stocks. His company offers several active equity ETFS in various investing themes, such as energy transformation and onshoring the U.S. supply chain. Eli adds that investing in American manu...

Target (TGT) and Walmart (WMT) begin competing sales events to take on Amazon's (AMZN) Prime Day. Ed Butowsky thinks both will trail AMZN, but says Walmart could have an edge on electronics because of the company's "huge balance sheet" and ability to cut prices. He looks at the subscriber count comparison, pointing to a huge margin between Amazon and Walmart. For Target, he says...

Sam Vadas and Diane King Hall discuss the "moving goalposts" of the ongoing tariff policy negotiations from the Trump Administration. July 9th was the original deadline of a 90-day extension granted in April, but has since been moved to August 1st. The latest tariff news surrounds copper, with Trump imposing a 50% hike on copper imports. Sam says "the devil will be in the details&qu...

Wynn Resorts (WYNN) is the chart of the day following a downgrade from Citi. The analyst adjusted its rating to neutral from buy, with a price target up to $114 from $108. Ben Watson breaks down the technical patterns taking shape in the recent and long-term trading activity. On the 5-day chart, he points to the $108 resistance line which was the Citi analyst's previous price target. On a long...

Stocks closed mixed on a sluggish trading day, though the RUT showed signs of life with notable gains. Downgrades against JPMorgan Chase (JPM), Goldman Sachs (GS), and Bank of America (BAC) from HSBC did no favors for the session. CoreWeave (CRWV) also got several downgrades after it penned a $9 billion deal to acquire Core Scientific (CORZ). Meta Platforms (META) added a former Apple (AAPL) A.I....

Ahmed Riesgo expects the market to shrug off the latest tariff news and believes the worst of the trade war fears are behind us. He thinks the Fed will cut rates at least twice, potentially three times, this year. He also sees underlying weakness in the labor market despite the strong jobs report. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to...

Radware (RDWR) hit a 3-year high after Wolfe initiated coverage on the Israeli cybersecurity company with an outperform rating. Charles Schwab's Ben Watson takes a closer look into Radware's chart and financials to explain how the company is "relatively cheap" compared to others in its sector. However, Ben also notes the challenges Radware has moving forward. ======== Schwab Netw...

“Anything is on the table, anything is possible” from this administration around critical minerals and sectors, says Joe Cavatoni of the World Gold Council in reaction to Trump’s latest tariff announcements. He explains why gold prices have been stagnant recently despite trade talk news. “We need to see some real fundamental changes to break out of this range right now,” he adds. ======== Schwab N...

Charles Schwab's Cooper Howard says this week's jobless claims data will be the next key data point investors will need to watch. With tariff dates moving later and uncertain inflation impact yet to be felt, Cooper believes the Fed will face an uncertain path for cutting rates by the September meeting. Later, he discusses global trends in yields and provides the case for why the U.S. yield...

Rick Ducat breaks down the mixed trading session by diving into the techncials. On the NDX, he warns of bearish divergence taking shape after the index recently broke new all-time highs. However, Rick notes bullish potential for Intel (INTC) signaled by options activity. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newslett...

Owen Carr, Chief Merchandising Officer for Spreetail, discusses Amazon (AMZN) Prime Day season and how it has influenced the retail sector. He says with the expansion to four days, sellers are spreading deals out, leading to a lower first day peak. Coming closer to July 4 than last year, he thinks consumers will be buying more summer products than back-to-school. He expects growth rates in the 20%...

James St. Aubin gives his expectations for 2Q earnings season and what he’s hoping to see in company guidance in particular. He digs into the state of the labor market and what he thinks the Fed’s next moves will be. He notes that continuous claims are at the highest level since 2021, arguing that there are “cracks” below the surface in U.S. jobs. He calls valuation the market’s biggest risk facto...