Schwab Network

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...

Don Kaufman is bearish on the TLT ETF and Zoom Communications (ZM), but bullish on Intel (INTC) as the company prepares to restructure its manufacturing headcount. For his bearish TLT trade, Don cites government spending and the "big, beautiful bill" chances of passing in Congress as a possible selling event for the bond market. For ZM, Don points to A.I. replacements and the return to o...

Carol Schleif thinks the market rally before the Fed conference today is notable. She lays out what investors should be watching around the world, but says “in general, markets tend to look through geopolitical risk…they don’t know how to assess it.” The worst of the tariffs are behind us, she assesses, as trade breakthroughs seem near. She previews the Fed dot plot, expected today after the FOMC...

Accenture (ACN) earnings are set to report ahead of Friday's open. J.D. Durkin joins Nicole Petallides to help preview the company's report. He points to Accenture's prior earnings reports, saying almost 60% of the I.T. consultancy's revenue comes from its technology business. Later, Scott Bauer demonstrates an example options trade using a call diagonal strategy. ======== Schwab N...

Boeing's (BA) 787 Dreamliner Air India fleet passed Indian regulator testing after the fatal flight 171 crash. Frances Stacy says she's watching stock prices to see if it holds around $200 as safety concerns creep back in for the aerospace company. She believes the stock should bounce back, barring any negative macro headlines. She says it's a "wait-and-see" situation for air...

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...

IBM Corp. (IBM) shares rise to a new all-time high after the company introduced new agentic A.I. software. Diane King Hall joins Nicole Petallides to dive into IBM's move after BoFA analysts raised its price target to $320. Meanwhile, SolarEdge (SEDG), Enphase Energy (ENPH) and First Solar (FSLR) get price target cuts as legislative headwinds impact the solar energy industry. Later, Diane dive...

Cameron Dawson joins Morning Trade Live with her perspective on current geopolitical tensions impacting market activity. Her eyes are focuses on the crude oil chart, as she believes any significant moves in the energy product would have ripple effects on the economy and the Fed's fight against inflation. Ahead of the FOMC decision, she says the Fed will likely sit on its hands and stand pat un...

Kevin Hincks provides the trading day's roadmap with all eyes on the FOMC rate announcement and Jerome Powell's press conference. He dives into the morning's economic data, citing higher jobless claims numbers that are trending upward. Ahead of the FOMC, Kevin believes Powell will not say anything that changes the Fed's outlook but will be closely monitoring the "Dot Plot&quot...

Sam Altman, CEO of OpenAI, claims Meta Platforms (META) is seeking to hire his employees for its A.I. expansion, even offering $100M bonuses. He adds "so far none of our best people have decided to take them [META] up on that." Jenny Horne dives into the tech companies battle for A.I. talent as OpenAI deals with a potential break from Microsoft (MSFT) as well. Later, she turns to Intel (...

Rajiv Sawhney says the GENIUS Act passing in the U.S. Senate is a "momentous" occasion for the crypto industry and digital assets. He adds the impact it could have on financial services, blockchain use cases and says a majority of institutions will have some digital asset plans within the next 5-10 years. For Bitcoin (/BTC), Rajiv examines the differences between retail and institutional...

OpenAI's CEO Sam Altman says Meta Platforms (META) has tried luring the A.I. company's top employees with bonuses as high as $100M. However, Altman added that none of his OpenAI team has departed for Mark Zuckerberg's social media company. Rick Ducat joins the Movers to look at the META chart over the near-term, citing potential resistance at current levels. Then, Rick illustrates an e...

Title: Watch the Dots: Previewing June's FOMC Decision Description: Yelena Shulyatyeva says today's focus from the FOMC meeting will be "the dots" or the latest Summary of Economic Projections, which will indicate the central bank's forward-looking rate cut assumptions. Yelena adds that despite downward surprises in the last 4 inflation readings, she believes inflation will c...

Futures are muted ahead of Wednesday's trading day. The FOMC is expected to leave rates unchanged in today's announcement and investors will be listening to see how the Fed is seeing the U.S. inflation and employment outlook. Tom White discusses what will factor into the Fed's dot plot, the latest developments from the Iran-Israel conflict and other data to be watching today. ========...

Reports of Intel (INTC) plans to lay off up to 20% of its factory workforce has shares on the move ahead of Wednesday's open. Kevin Horner examines the technical perspective of Intel's chart, including a 5-year perspective of the semiconductor manufacturer's long-term decline. Kevin says any slippage below the $19 level is something to watch, as its RSI uptrend has risen on each test o...

Intel (INTC) is planning layoffs at its manufacturing plans, the investigation into Air India crash of a Boeing (BA) plane continues, and Netflix (NFLX) strikes a deal with a European linear TV channel. Tom White has the latest. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Do...

John Kosar walks through the Asbury 6, an “EKG for the market.” Four of their metrics are negative, while only two are positive, and he explains what the model is telling him about market direction. “Follow the signal rather than the noise,” he emphasizes. “If the market can’t start to move higher again over the next week or so, we could be in for a surprisingly sharp move down.” However, he think...

Geopolitical tensions between Israel and Iran kept stocks in the red throughout the day. On stock movers, reports of OpenAI accusing Microsoft (MSFT) of anti-competitive behavior created new questions around their partnership. Jabil (JBL) closed as the SPX top performer after posting strong earnings centered on A.I. growth. Reddit (RDDT) also rallied on its A.I. prospects, while solar companies li...

A.I. continues to drive big moves in the market, including today's Overlooked Stock. George Tsilis talks about Jabil's (JBL) earnings beat driven primarily by cloud and data center infrastructure growth. He offers investors a look into how these earnings can reflect a trend for Jabil and the greater A.I. picture. ======== Schwab Network ======== Empowering every investor and trader, every...

Charles Schwab's Nathan Peterson talks about the unusual dynamic he sees in markets between risk-on and risk-off price action. For one, he sees animal spirits in high-beta companies like CoreWeave (CRWV) continuing to gather unprecedented interest. However, it goes against other investors trimming risk exposure as geopolitical tensions mount between Israel and Iran. Nathan also discusses how W...

“This is the first time in [the energy conflict] the U.S. has been a net exporter,” says Ali Meli, and explains why that keeps oil prices low even as Middle East tensions rise. However, the conflict will still affect the global oil markets, including potentially routing tankers away from the Strait of Hormuz. He says that if prices spiked up to over $100 as some fear, it would be extremely short-t...