Schwab Network

Sofia Massie, CEO of LionShares, brings the case for their debut actively managed ETF, TOT. It tracks the broad market but “reduces tax drag” by aiming to pay “no dividends.” Sofia discusses the founding story and the fund’s top holdings, which are all ETFs themselves. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter...

Higher lows and higher highs in the SPX reinforced bullish momentum for the index. That, paired with strong market breadth, makes it harder for bears for knock the market down, according to Kevin Green. He takes a closer look at the SPX put-to-call ratio and the one-standard deviation move that shows "extreme" momentum heading into Friday's nonfarm payrolls print. ======== Schwab Net...

Barry Knapp gives his takeaways from today’s services data. He doesn’t think inflation is a “big risk” here, arguing that monetary policy and government spending are now headwinds for it. He thinks the BLS unemployment rate should be higher because he doesn’t think it counts immigrant labor or small businesses correctly. Barry calls for a potential 50 basis point rate cut and lays out the conditio...

Dr. David Stubbs talks about companies that can use AI to drive margins, like JPMorgan (JPM), as the next level of the AI boom. He discusses the supply/demand levels of computing power, which he thinks will remain unbalanced for at least the next 18 months, and what happens when it stabilizes. He thinks AI is best played in private markets using “derivative” companies down the supply chains. He al...

Steven Dickens says this earnings season for HP Enterprise (HPE), paired with its acquisition of Juniper Networks, created a "career defining" moment for the company's CEO. He also discusses how the company is getting a boost from Nvidia (NVDA). David Nicholson adds that HP Enterprise can serve as an ROI play for businesses looking to advance their A.I. opportunities. He believes HPE...

Tim Urbanowicz joins the show to explain his firm’s “dual direction” ETF, DDFS. It purports to capture up to 9.3% of the S&P 500 ETF’s upside, with an inverse cap of 15% on the downside. He said it aims to provide returns during the “95%” of market situations, and is for investors who think there will be a move either way in the market. Tim also explains the Nasdaq-100 Managed Floor ETF (QFLR)...

Tensor CEO, Hugo Fozzati, joins Sam Vadas at the Wall Street NYSE set to talk about his company's new autonomous robocar. While there's no price tag on the vehicle yet, Hugo says it will be available for anyone to buy in the second half of 2026. He considers private ownership of robocars "very important for society." Hugo explains why private ownership is so critical compared to...

“I’m very concerned,” Phil Blancato says about jobs data, potential Fed cuts, and possible impacts on the market. He thinks rate cuts would be a win for the housing market but a “loss for the U.S. economy.” He considers us in a state of stagflation and thinks that the Fed shouldn’t cut at all. He believes investors to buy bonds, especially on the shorter term, and dividend stocks. ======== Schwab...

Decelerating earnings and troubling guidance gave a haircut to C3 AI (AI) shares. George Tsilis notes it's no surprise to see the stock lower, though he is surprised to see its strong rebound of session lows. He mentions how the financials add headwinds against C3 moving forward and how its shapes its position in the A.I. race. ======== Schwab Network ======== Empowering every investor and tra...

David McAlvany examines the metals markets, calling them a “core allocation, not a trade.” He compares holding the metals themselves with investing in mining companies. He thinks gold is in a “big, bullish trend” as central banks move away from the dollar and into gold – investing “double” what they did in 2022 in the yellow metal. David looks at the gold/silver ratio, calling silver an “amplifier...

Broadcom (AVGO) reports earnings after the closing bell on Thursday. After its stock more than doubled off April's lows, Marley Kayden talks about the valuation headwinds Broadcom faces. She notes the company's perception as a value stock that since turned into a growth stock thanks to A.I. The question investors now face: can Broadcom continue substantial growth momentum? ======== Schwab...

Lululemon (LULU) is "no longer the cool kid on the block," says Megan Brantley. Likefolio's data in the retail space shows how interest in Lululemon slowed significantly compared to competitors like Hollister, Alo Yoga and Rhone. The earnings bar is low for the stock but Megan worries that the bar can fall even lower. If she were the CEO, Megan says she would work to improve brand pe...

Steve Koenig says the focus on Salesforce (CRM) was "all about guidance," which didn't deliver enough for investors. He argues the lack of a guidance raise above Wall Street's estimates shows there's "pockets of weakness" for the software company. Keith Kirkpatrick adds onto Steve's point by saying Salesforce needs to show how its Agentforce platform will show r...

Greg Orrell covers gold’s new highs, citing central bank buying, de-dollarization due to the deficit, and angst around U.S. policy. He calls it a “delusion of debt” with no end in sight, citing the trillions in interest the U.S. has to pay every year. He puts gold’s recent rise in contrast with historical moves. Greg thinks that $5,000 is “not a stretch at all” for gold futures. ======== Schwab Ne...

When it comes to today's Big 3, Dan Deming explains why he's "cautiously optimistic" on Uber Technologies (UBER) for a bullish run. He notes Valero Energy's (VLO) opportunity to capture further upside even as the energy sector lags. Walmart's (WMT) higher lows give him confidence the retail giant can reach new all-time highs. Dan offers example options trades for his Big...

James St. Aubin thinks the unemployment rate could rise in the next few months, previewing his view of the August jobs report and the Fed’s potential rate cut decisions. He cites high recent grad unemployment, but says it is more “sector specific” than cyclical, meaning the Fed may have less control over the dynamic. “It doesn’t seem like there’s a strong case not to cut right now,” he adds, but t...

"Momentum of labor market is flat on its back," says Ben Emons. Following August's ADP Employment Change data revealing a weaker number, he believes it indicates "at least a 25bps" rate cut but if Friday's August non-farm payrolls number is much weaker it could signal a bigger cut. Ben discusses how the latest labor market data will play a central role in the Fed's...

Lululemon (LULU) isn't far off its 5-year low. However, other retail companies like Macy's (M) and American Eagle Outfitters (AEO) rallied strong off their recent report. Marley Kayden talks about Lululemon's ability to follow, noting its sales strength in China is expected to continue even as U.S. foot traffic slowed. Joe Tigay turns to an example options trade for Lululemon. ========...

Matt Tuttle considers Broadcom (AVGO) a "must own" A.I. chip stock, alongside Nvidia (NVDA). He'll focus on the company's margins and VMware, believing they serve as indicators for Broadcom's future growth. That said, Matt is nervous when it comes to valuation, arguing that Broadcom "almost needs to have a cure for cancer" for the stock to push higher. Tom White off...

Thierry Wizman sees a “generally lackluster labor market,” reacting to the ADP report this morning and previewing tomorrow’s jobs report. He argues that the Fed will probably still cut rates this month, anticipating the unemployment rate ticking higher as hiring slows. “There’s an underlying tone of inflation” that hasn’t been reflected in CPI data yet, Thierry adds. He thinks the Fed will approac...

Figma's (FIG) first earnings report after its public trading debut was met with a steep sell-off. Diane King Hall discusses what it means for other IPOs that hit the market this year and those still ahead, including Klarna's next week. HP Enterprise (HPE) ticked slightly higher after it posted record second quarter revenue. Diane looks at analyst moves in MoffettNathanson and its upgrade f...

After Thursday's jobs data came in weaker than expected, Kevin Green points out the "defensive" moves he's watching in SPX sectors. He talks about how data ahead can affect that rotation in today's session and those still ahead. Kevin later directs attention to the 10-year treasury yield and how it continues to hover around key levels. ======== Schwab Network ======== Empower...

Brad Roth says tomorrow’s jobs report will decide whether the Fed cuts rates this month. “We just don’t want anything to come out that would give the Fed reason to pause.” He thinks that traders are hesitating to be “fully risk-on,” pointing to inflows into Treasuries and gold, as well as a lack of market breadth. “It’s almost exhausting how much we’ve talked about the Mag 7,” Brad says, but too m...

Challenger job cuts ticked higher and ADP private payrolls came in lower than expected — both signals of a weakening labor market. Kevin Hincks talks about the data and what it means for the FOMC's September meeting. If Friday's jobs data also comes in weak, Kevin makes the case that the Fed could cut interest rates by 50bps. ======== Schwab Network ======== Empowering every investor and t...

Salesforce (CRM) beat earnings and boosted its fiscal 2026 guidance. It still wasn't enough for investors as the stock sold off following the report. Alex Coffey talks about the role A.I. has and how it serves as a significant headwind and tailwind for Salesforce's growth. Meanwhile, American Eagle Outfitters (AEO) rallied more than 25% ahead of Thursday's opening bell. The company cre...