Schwab Network

Erik Lundh expects two rate cuts this year: one in September and one in December. He notes that most of Iranian oil is shipped to China, so any disruption would hit them “first and foremost.” If they have to source oil elsewhere, prices could rise, he warns. He also discusses the “Big Beautiful Bill” moving through the Senate and what he expects from there before Trump’s July 4 deadline. Overall,...

After a couple of analyst price target hikes, Rick Ducat boots up the Netflix (NFLX) chart which he says shows tremendous outperformance against its sector. He points to the recent upward channel shape after the streaming giant's latest earnings report, but highlights a potential bearish divergence in the RSI momentum study. Later, Tom White composes an example options trade with a put vertica...

Nick Motz joins Morning Movers to deep dive into this week's legislative progress for the GENIUS Act. Nick's company works within the stablecoin environment and discusses the adoption outlook for a DeFi infrastructure. He maps out the next steps for traditional and non-traditional finance companies, including companies like Circle (CRCL) after its IPO success. ======== Schwab Network =====...

CarMax (KMX) shares climb higher after an earnings beat, and CFRA's Garrett Nelson doesn't mince words calling the company its "top pick in auto retail." He dives into the report and discusses consumer demand for used vehicles ahead of potential tariff-price volatility for vehicles. Garrett sees continued market share growth for KMX as it competes with Carvana (CVNA). Then, he pr...

Reports of Meta Platforms (META) looking to expand its "superintelligence" team have drawn interest from investors. Ben Watson swings by to provide the technical analysis for Mark Zuckerberg's social media giant. On the near-term, he uses an ADX study to show recent momentum. On the longer-term, he points to areas of resistance and support between a range between $630 and its all-tim...

Kevin Green and Sam Vadas examine Friday's early headlines after the Juneteenth holiday. KG discusses Pres. Trump's latest commentary on action or inaction in the Israel-Iran conflict, and how it may impact global markets. Later, the focus is on the Fed following an unchanged rate in the June meeting and why other central banks' actions differ from the U.S. And, KG talks about the TikT...

Jonathan Costello says investors should take notice of the growing space, which has evolved to offer more liquidity, diversification, and returns similar to private equity. According to Costello the secondary market has grown in importance as traditional exit options for sponsors have become more limited. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subs...

Tesla (TSLA) gets ready for this week's long awaited Robotaxi debut. Circle (CRCL) catches an upgrade after its post-IPO pop. And, CarMax (KMX) is on the move after its latest earnings report. Tom White has more. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the i...

Jenny Horne and Rick Ducat preview a trio of stocks reporting earnings on Friday. Kroger (KR) shares are up more than 25% over the last year as the grocery chain moves on from its attempted Albertsons (ACI) acquisition. Olive Garden parent-company Darden Restaurants (DRI) is up 50% over the past 52 weeks, with its chart in a fairly steady uptrend. Lastly, CarMax (KMX) is 20% lower so far in 2025 a...

Equities closed near the flat line after the FOMC kept rates unchanged. The Federal Reserve's latest "dot plot" indicated the possibility of 2 rate cuts in the year ahead. OpenAI and Meta Platforms (META) are vying for A.I. talent, with Sam Altman's staff reportedly turning down $100M bonuses from Mark Zuckerberg's recruiting efforts. IBM Corp. (IBM) shares hit a new all-time...

After a slow start to the year, the IPO market is seeing a big comeback, thanks in part to strong debuts from companies like CoreWeave (CRWV), Chime (CHYM), and Circle (CRCL). Dean Quiambao attributes this turnaround to companies having their stories together, with strong growth metrics, multiple revenue streams, and a clear path to profitability. He notes that the era of AI is also playing a sign...

Caris Life Sciences (CAI) Co-Chair and Executive Vice President Brian Brille discusses their IPO and using AI in medical care. Caris is a precision oncology company that offers personalized treatment using genomic sequencing and data. “We’re a pioneer in genomics…more information equals more power.” He explains the company’s process and why AI is a useful tool in the field. He also talks about the...

Gogo Inc. (GOGO) shares are flying high after the in-flight internet provider hit a new 52-week high, driven by its accelerated 5G rollout using GCT Semiconductor technology. George Tsilis jumps in to examine the company's 5G capabilities which are expected to boost top-line sales, with estimates doubling to $1.5B by 2027. ======== Schwab Network ======== Empowering every investor and trader,...

Charles Schwab's Collin Martin and Joe Mazzola react to the FOMC decision to keep rates unchanged. Collin highlights the Fed's Dot Plot as a key indicator of the central bank's intention to possibly hold back from cutting rates in 2025, pointing to 7 voting members expecting no rate change this year. Joe adds context to the market's historical volatility surrounding FOMC decisions...

Dan Deming breaks down gold, silver, and platinum moves. Platinum especially has seen a jump today. He thinks silver is “catching up” to gold after their spread widened, but notes that it has industrial uses as well. He thinks gold is falling because of a lack of escalation in the Middle East and relief from the Fed’s announcement. He also comments on the latest moves in crude oil and the potentia...

Ahead of the Wednesday close, markets fell from session-highs as the Fed continues to project two rate cuts in 2025 and the Iran-Israel conflict weighs on markets. With markets closed tomorrow for the Juneteenth holiday, Kevin Green discusses how this week's option expirations will lead to higher volume on Friday and what it will mean for price action to close the week. ======== Schwab Network...

Brian Glenn reacts to the FOMC decision to hold rates and Powell’s press conference. He expected a dovish tone from Powell but was surprised. He also walks through the dot plot and what it forecasts for the rest of the year. “There’s a who blinks first mentality” with the White House and tariffs, he thinks, and in the meantime, he says small and medium sized businesses are struggling. ======== Sch...

Marley Kayden drops by the Next Gen set to profile a pair of legacy tech stocks that received bullish notes from Wall Street analysts. For IBM Corp. (IBM), BofA hiked its price target to $320 from $290 as shares reach new all-time highs today. For Oracle (ORCL), Guggeheim lifted its target to $250 from $220 while keeping a buy rating. Marley adds another bullish note as Wedbush's Dan Ives call...

7 members of the FOMC group see no cuts at all this year, something that James Demmert believes "makes sense" but he's still worried about any further economic downturn. He joins Nicole Petallides at the NYSE to deep-dive into the Fed's decision to keep rates unchanged. James cites geopolitical events and tariff uncertainty as murky parts of the picture that could alter the Fed&#...

Tom White and Nicole Petallides react to the FOMC decision to keep rates unchanged. Tom points out the committee's omission of a line regarding risks of higher unemployment and inflation. The FOMC did say "uncertainty about the economic outlook has diminished but remains elevated." Tom discusses the Fed's "dot plot" as the CME FedWatch tool reveals increased odds of a c...

Mark Spindel breaks down the Fed's decision to hold interest rates steady, citing a "wait and see" approach that may soon give way to rate cuts. With 7 officials now forecasting no more cuts in 2025, up from 4 in the last meeting, Spindel believes the Fed is walking a fine line between managing inflation and supporting a softening labor market. Despite no mention of geopolitical risk...

Patrick DeHaan covers the outlook for gas prices as the national average rises to $3.19. He thinks it will continue to rise over the next week, but notes that this is still lower year-over-year. He also notes that the U.S. infrastructure for refineries was mostly built 50 years ago even as sources have changed over the years: from Canadian heavy to Middle Eastern light. He also looks at distillate...

Likefolio’s Landon Swan covers consumer sentiment data on Darden Restaurants (DRI). He gives his expectations for its earnings on Friday morning and compares it to peers. He notes monthly active users on its app are up over 20% year-over-year as a positive sign, with particular strength in Olive Garden. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscr...

R. Craig Bealmear, CFO of Oklo (OKLO), discusses their deal with the U.S. Air Force to power a nuclear reactor in Alaska. He explains how building in a cold climate changes their plans, and the expanded uses for their energy. “It almost feels like we have unconstrained demand,” he says – supply is the biggest issue. Oklo is also building another facility in Idaho and is “getting ready” for another...

John Lekas and Joseph Shaposhnik preview today’s FOMC decision. John thinks they’re in “no position to lower rates” because of the inflationary environment. He thinks the Fed will raise rates before they lower them, and that they wouldn’t move down until unemployment hit at least 5%. Joseph argues against that view, saying the Fed will be “laser-focused” on slipping CPI data. ======== Schwab Netwo...