Schwab Network

Mark Alberici covers the state of the ETF trade from the Schwab IMPACT 2025 conference. He breaks down ETF flows this year into three parts: continued usage of low-cost building blocks, active management, and fixed income. With hundreds of ETFs launching this year, he discusses how the industry is getting busier and more crowded, and says the jury’s out on whether the spike can continue. ========...

Jeffrey Simmons, CEO of Elanco Animal Health (ELAN), discusses their 3Q earnings. He notes innovation, raising their full year revenue guidance, and beats across the board. “We see the runway as being very durable and solid,” he said, adding that “it all comes back to innovation.” He highlights anti-parasite meds, itching solutions, and cattle care, even with herds at a 50-year low. He emphasizes...

Jason Brown talks all about Big Tech on today's Big 3 and offers long call example options trades for each stock. He explains his bullish rationale behind Microsoft (MSFT), Broadcom (AVGO), and Meta Platforms (META). Rick Ducat offers investors a closer look at the charts and key levels to watch. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options i...

Chris Mellia discusses the Schwab IMPACT conference so far and the surprise interest in fixed income, along with keen interest in private equity. He explains why investors find it attractive and the role of private equity in the economy. He thinks these types of assets have a place in investor portfolios. He talks asset-based finance and how it can diversify holdings. ======== Schwab Network =====...

Inga Rachwald of Schwab Asset Management breaks down diversification for viewers. She explains how not to let one sector or stock take over a portfolio and how to re-weight. She highlights direct indexing, tax efficiencies, and more strategies. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork....

James Demmert thinks there is an AI bubble but thinks it has a long way to inflate still. He thinks the Dow can hit 100K sooner than people expect, in around 5 years, arguing that this business cycle has a “long runway.” However, he does see risk of a potential pullback along the way – and thinks one is overdue. James also comments on the AI capex race and Jensen Huang’s comments around the U.S./C...

Kathy Jones and Mike Townsend sit down with Nicole Petallides at the Charles Schwab IMPACT 2025 conference. Kathy makes the case that markets will see "no more rate cuts this year." She argues a lack of economic data from the government shutdown will make the Fed wary. Mike Townsend sees the shutdown ending soon, saying that travel woes heading into the holiday season will push lawmakers...

Nvidia (NVDA) and other Big Tech stocks sliding to the downside added pressure to Thursday's session. Kevin Green takes investors through the moves and why the government shutdown only adds negative sentiment heading into the holiday season. He notes the "aggressiveness" of the challenger job cuts and why investors may want to discount some aspects of the print. Kevin later takes a c...

Jason Ware thinks the labor market is still doing ok and says “most of the economy looks good.” He thinks Fed cuts could help the sluggish areas perk up. He reacts to the Challenger report and says he prefers the Initial Jobless Claims report for a better picture. Jason also digs into consumer spending, noting a slowdown in lower income discretionary spending that’s hitting fast food or low-cost r...

George Tsilis tackles Thursday morning's earnings slate starting with Qualcomm (QCOM), which traded down after it showed pressure on margins. The pressure wasn't as strong as it was against CarMax (KMX), which hit 52-week lows after its CEO said he would step down as the company's sales lag. As for Fortinet (FTNT), George notes the sell-off following its earnings. ======== Schwab Netwo...

Tesla (TSLA) shareholders are set to vote on a pay plan for Elon Musk that could potential reach $1 Trillion in compensation value. Rick Ducat examines the stock performance of Tesla versus other automakers and EV maker. Isolating the chart of Tesla, Rick points to recent upward momentum in shares, but highlights a stagnation in its RSI study. Later, Tom White illustrates an example options trade...

Ahead of Affirm (AFRM) earnings, Matt Tuttle says he's "very, very cautious" on stocks representing low-end consumers citing the company's "buy now, pay later" business model. He admits the stock has done great, but cites a "massive headwind" being labeled as a meme stock. Matt points to a correction in the meme stocks potentially on the horizon, saying they &...

Wednesday saw a rebound following a sharp sell-off Tuesday, though Kevin Hincks considers Thursday's premarket trading action "cautious." He points to the challenger job cuts at a 22-high year as one reason stocks halted their rally. Kevin talks about how the print pinned A.I. and DOGE as reasons for the spike. Nvidia (NVDA) CEO Jensen Huang also spooked investors when he stated that...

Jessica Inskip (@jessicainskip) joins Diane King Hall at the NYSE to provide her perspective on current economic performance. She brings her 3-pillar approach to monitor for further growth: 1) An easing Fed cycle, 2) Earnings growth and 3) Strong economic conditions. Jessica says that the market moves on earnings potential and "everything else is input into that equation." For the broade...

Tom White begins the day with a look at the government shutdown's latest ripple effects: cancelled flights. The FAA announced it would trim 10% of flights at 40 U.S. airports on Friday, impacting airliners like American (AAL), United (UAL), Southwest (LUV) and Delta (DAL). Tom later looks at commentary from Nvidia (NVDA) CEO Jensen Huang regarding the A.I. race between the U.S. and China. Stic...

Ben Watson breaks down the chart of Block (XYZ) ahead of its earnings announcement after Thursday's close. He identifies $74.50 as a near-term resistance point as shares have pulled back slightly over the past 5 days. On a 1-year timeframe, Ben shows how the $71-$81 range has been "firmly established" as a sideways channel with its 50-day simple moving average hovering in between. ==...

The U.S. government hit a record 36th day of the shutdown, something Marley Kayden and Sam Vadas talk about more as a headline investors should note. They also point to two sectors as undercard winners on the session: storage stocks like Seagate (STX) and Western Digital (WDC), and airlines like United (UAL) and American (AAL). ======== Schwab Network ======== Empowering every investor and trader,...

Advisors and investors are increasingly seeking ways to navigate the current market environment, which is marked by new highs and ongoing uncertainty. Charles Schwab's James Kostulias shares his insights on the conversations he's having with clients and the industry trends he's seeing. He also discusses the growing interest in direct indexing and tax-efficient investing strategies, as...

Lemonade (LMND) gapped higher after the insurance provider flexed an earnings beat and strong guidance. George Tsilis explains how there was a foundation set for explosive price action heading into the quarterly report. However, he notes the analysts haven't lifted their Street-high price target of $60 -- nearly $20 below where Lemonade closed on Wednesday. ======== Schwab Network ======== Emp...

Sean McWilliams says investors should be "cautiously optimistic" about the market's strong performance this year, citing factors like A.I. adoption and earnings growth. However, he also warns of potential headwinds, including stretched valuations, market concentration, and the risk of overinvestment in A.I. McWilliams suggests investors should maintain a balanced approach, considerin...

Jamie Hopkins shares his take on how recent market action affects retirees, including the impact of all-time highs, declining interest rates, and the role of A.I. in retirement planning. He also discusses the risks of concentration in the equity market and the importance of diversification, as well as strategies for managing volatility and timing in retirement. ======== Schwab Network ======== Emp...

Ric Edelman joins Nicole Petallides from the Charles Schwab IMPACT 2025 Conference to talk about the importance of crypto education for retail and institutional investors alike. "Investing is as much risk as it is reward," says Ric, making the point that many are missing out on notable portfolio returns simply because they don't have exposure. He talks about investment strategies and...

Jenny Horne welcomes Jim Ferraioli to Crypto Corner! The duo discuss the recent drop below $100K for Bitcoin before looking at the ongoing adoption trends for stablecoins. Jim examines the competition between Circle's (CRCL) USDC and Tether's USDT on-chain activity. Later, they examine Iren's (IREN) pivot from crypto mining to A.I. compute power. ======== Schwab Network ======== Empowe...

Rob Arnott challenges the growth versus value framework as too simplistic for today's markets. He argues that what's cheap can be value, regardless of growth, and vice versa. Arnott advocates for fundamental indexing, which weights companies by business size, not market cap. He also warns against the dangers of momentum chasing and narrative-driven investing in mega-caps like Palantir (PLT...

Chris Murphy and Alex Berg discuss the record-breaking growth of ETFs and the shift in investor interest towards thematic investing. Despite market volatility, they see continued demand for actively managed ETFs, particularly in areas such as international equity markets, commodities, and fixed income. They also touch on the rise of derivative-based ETFs and the importance of education for advisor...