Schwab Network

JPMorgan Chase (JPM) initially rose in the premarket before slipping despite posting an 8% increase in year-over-year revenue. As Jenny Horne points out, intriguing commentary from CEO Jamie Dimon on recession risk may have investors on edge. As for Morgan Stanley (MS), its stock moved lower on its earnings beat and increase in investment banking revenue. ======== Schwab Network ======== Empowerin...

After attending Walmart's (WMT) annual investor meeting, CFRA's Arun Sundaram is turning more constructive on the big-box retailer and less bullish on conventional retailers like Kroger (KR). Sundaram downgraded Kroger to a hold rating, citing concerns over the company's ability to keep up with Walmart's expected 4-5% top-line growth. He believes Kroger's shares are now fairly...

United Airlines (UAL) earnings are set to take off next week. Ahead of the report, Rick Ducat looks at recent trends behind the chart's descent in 2025. Then, Tom White shares an example trade to play a potential post-earnings move. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before tradi...

Jim Thorne joins Morning Movers as trade tensions rise between the U.S. and China. He sees the U.S. dollar's depreciation against global currencies as a positive for global liquidity and will help the U.S. economy in the long run. For long-term investors, Jim urges them to look for opportunity in tech and industrial sectors. Among companies he believes are well-positioned: Nvidia (NVDA). =====...

Rachel Dashiell analyzes the technical patterns behind American Express (AXP) after shares hit an all-time high earlier this year. On the short-term, she sees a potential triangle pattern forming. For the longer-term picture, she sees support at $220 holding steady despite a recent pullback with the overall markets. ======== Schwab Network ======== Empowering every investor and trader, every marke...

China responded with retaliatory tariffs of 125% on U.S. goods. Kevin Green explains that the hike is significant, but notes that equities have shrugged it off. KG looks at heightened volatility and technical levels to watch for the U.S. Dollar (/DX). Then, he dissects earnings and guidance from the largest U.S. bank: JPMorgan Chase (JPM). ======== Schwab Network ======== Empowering every investor...

China raises tariffs on U.S. goods to 125% as both countries escalate the ongoing trade war. Tesla (TSLA) suspends orders of Model X and Model S vehicles made in China. And, JPMorgan Chase (JPM) delivers an earnings beat, while its CEO delivers a dire economic outlook. Jenny Horne walks through the Friday movers to keep on your radar. ======== Schwab Network ======== Empowering every investor and...

Tariff volatility continued to bring violent swings in the indices, leading to the NDX falling 7% at the lows of the session. Multiple firms readjusted their price targets on Mag 7 stocks, including Microsoft (MSFT), Amazon (AMZN) and Meta Platforms (META). CarMax (KMX) sunk to lows it hasn't seen since late 2023 off a lackluster earnings report. Caroline Woods takes investors through the bigg...

Homebuilding stocks had their foundations rattled before tariffs were in the macro conversation. Jake Clopton says home prices will increase but notes a bright spot in lumber prices from Canada going down. That said, he believes the industry will face more complications before it gets better. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the...

George Tsilis takes a closer look at the tech trade following rampant, volatile trading action. He says the industry has held up reasonably well despite the turbulence. George notes a renewal of risk-taking appetite for A.I. and the ways investors priced for tariff uncertainty ahead of last week's news from the Trump administration. However, he notes Apple (AAPL) as the focal point for "w...

Tariffs continue to drive markets, and bonds showed no exception. @CharlesSchwab's Cooper Howard talks about the bond rally seen over the last few trading sessions and how it factors into investors navigating all the "narratives" coming from headlines. He notes the odds of economic recession have increased, leading the Fed to question how to handle interest rates amid uncertainty. ==...

Kevin Davitt examines other huge single-day market moves in history, noting that many came around the 2000-2001 and 2008 financial crises, with the most recent one in March of 2020 as the pandemic shutdowns hit. He breaks down options market moves and “record-breaking” volumes during this round of volatility – which he thinks could remain high “indefinitely.” ======== Schwab Network ======== Empow...

Lev Ekster, President of Lucky Strike Entertainment (LUCK), formerly Bowlero, discusses the company’s rebrand. He says they’re seeing “phenomenal” results, with more visitors and better customer satisfaction. He talks about their entertainment portfolio, which includes bowling lanes and water parks. Lev emphasizes the “elevated entertainment experience” as the most important lens to view the compa...

Markets pulled back significantly off yesterday's historic rally, but Kevin Green notes pointed to a close above 5,214 in the SPX as a win for bulls. He talks about the battle between bulls and bears and how there's room to run for a retest at the 5,600 level. However, Kevin signals an imminent bear cross in the 10-Year Treasury Note as an approaching headwind. ======== Schwab Network ====...

Brian Allen doesn’t think the market has reached its lows yet, saying “we’re still lost in Limbo.” He uses historical comparisons to argue that there’s more downside to come, and doesn’t think we’ll see any resolution to uncertainty until June at the least. He says there’s over 50% of a U.S. recession and that the SPX could fall below $4,000. Right now, he likes communication services, but is unde...

Brad Lamensdorf and Jeff Zananiri examine CarMax (KMX), which hit a 52-week low after quarterly earnings. Brad notes that CarMax finances a lot of its own cars, which will hit them as volumes fluctuate in the trade war and interest rates stay high. Jeff is a “little cautious” since they didn’t release guidance, and says the stock isn’t “beaten up enough.” ======== Schwab Network ======== Empowerin...

Mish Schneider with @marketgauge thinks there's potential a bottom was found following Wednesday's massive rally off President Trump's tariff pause. She turns to signals in bonds and the SPX through the SPY ETF that flash green lights for buying action. On commodities, Mish talks about the signs she looks for in indicate risk behavior. ======== Schwab Network ======== Empowering every...

Axel Merk covers the commodity market, saying lower oil prices are a type of “economic stimulus,” and it could be doing “some of the Fed’s job.” Looking at gold and silver, he notes that gold prices are reacting to other drivers as investors look for safety, while silver has industrial uses. Gold is his core focus, noting that big producers are struggling to keep up supply, forcing names like Barr...

George Schultze talks about the ways his firm has tackled tariff-induced markets through short positioning. He looks for companies that will see heavy impacts from the tariffs or hold excessive debt. George also talks about recession risks with tariffs combined with DOGE-led job cuts. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market M...

Landon Swan with @LikeFolio believes Walmart (WMT) is well-positioned to withstand the tariff storm. He points to web visits beating competitors other that Target (TGT), paired with its delivery and ecommerce moat. Landon expects that moat to widen with amount of stores the retail giant has across the U.S. ======== Schwab Network ======== Empowering every investor and trader, every market day. Sub...

“I was a little surprised it wasn’t worse,” says Robby Silk of Delta Airlines (DAL) earnings. He thinks the airlines are in for “a bit of a hard spell,” but the premium carriers have “opportunity” simply because of their stronger balance sheets. He thinks DAL falls into this category, as opposed to Southwest (LUV), or JetBlue (JBLU). ======== Schwab Network ======== Empowering every investor and t...

Volatility remains king in the stock market, and Kenny Polcari turns to his Big 3 he believes can still muscle gains. He explains favorable technicals and dividends behind L3Harris (LHX), Mastercard's (MA) strong earnings performance, and Amazon's (AMZN) "sale" from all-time highs. Rick Ducat dives into the technical trends he sees in the charts. ======== Schwab Network ========...

Tim Davis and Mark Vitner react to the March CPI print, which came in cooler than expected. Mark notes that because Easter comes so late in April, demand was delayed in March, and expects it to pick up more in the summer. Tim says his fear was “the data was already stale,” as forward-looking projections get harder. However, with energy and housing prices declining, it’s a “green light” for the Fed...

Carley Garner puts oil in focus as prices fall below $60. She sees $65 as resistance – “a pretty good ceiling” – and thinks “we’ll work down into the $50 range before all is said and done.” She notes that crude has seen several failed rallies over the last few years. She advises limiting risk in any oil trades, saying there’s significant downside risk. ======== Schwab Network ======== Empowering e...

Boeing (BA) reports earnings later this month and Amazon (AMZN) will be among several notable tech names to release in May. Kevin Hincks takes these earnings events into account as he constructs example options trades in both names. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading,...