Schwab Network

Joy Yang describes why this period of market volatility and selling is different from others. “We’re in a very risky state right now,” she says, but adds that markets will ultimately go up. “It’s important to stay invested.” She looks for opportunities domestically, including defense stocks. She also talks gold prices as the metal continues to make highs. ======== Schwab Network ======== Empowerin...

Dan Ives believes there will be an "economic Armageddon" coming with President Trump's tariffs. "It could take the tech industry back a decade," he warns. Dan considers technology the "heart and lungs" of the supply chain that will only degrade with a trade war that's "already here." The big culprit he points to is excessive uncertainty could last lo...

Fed Chair Jerome Powell will speak this morning as markets crash and tariff fears grip the U.S. Kevin Green argues that Trump's tariff policy should "play out," while George Tsilis argues the administration needs more support to monitor economic policy. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter -...

Nvidia (NVDA) gets 40% of its business from Asia, Tesla (TSLA) gets 22% of its revenue from China, and Apple (AAPL) added exposure to international markets. Jenny Horne talks about the potential for tariffs to etch more weakness into the stock market's leaders. Rick Ducat turns to the technical trends in the charts. ======== Schwab Network ======== Empowering every investor and trader, every m...

Julian McManus is finding opportunities in the U.S. sell-off and abroad, noting that his fund balances around 50% U.S. with 50% international. He thinks the “Trump Trade” of 4Q was a “mistake,” stretching valuations in the U.S. market. He contrasts the disruptions now to disruptions during Covid and says the question is how we navigate forwards. He thinks we’ll see more investment by foreign compa...

"It's not over yet" when it comes to volatility and downside market action, says George Tsilis. He argues a policy shift from the Trump administration or the Fed will be needed for relief to take shape. He later turns to TD Cowen's price target cut on Meta Platforms (META) and talks about the company's ability to navigate tariffs. Dan Deming later offers an example options tr...

Andrew Sobko offers a closer look into the supply chain impacts caused by President Trump's tariffs. The sharp decline on warehousing in Asian markets is something he expects to occur in the states, which will later hit Americans' wallets. Andrew says the Trump administration needs to inject stimulus into the U.S. economy for the average consumer to weather the storm. ======== Schwab Netwo...

"Anything's possible to the upside," says Kevin Green, but he adds that the path of least resistance is down. A news-driven market has gripped trading over fundamentals, as Kevin points to Jerome Powell and the EU as two more potential catalysts today. On the SPX, he shows the index's move toward the flat line year-over-year. Sticky volatility is another trend Kevin expects is po...

Diane King Hall turns to two very different companies moving this morning in similar ways. TD Cowen slashed its price target on United Airlines (UAL) to $73 from $150 over concerns around Americans' pricing power. Lululemon (LULU) got a price target cut by Baird for similar reasons. Diane discusses what makes these stories alike and the outlook ahead for consumers. ======== Schwab Network ====...

The U.S. added 228,000 jobs in the private sector, per the latest employment report. Evan Sohn calls it a "surprise" as the retail, restaurant and healthcare sectors led hiring efforts. Federal job cuts weren't a surprise to Evan, though he "thought it would be a little more." Evan talks about when the federal cuts from DOGE will take shape and what the job market could loo...

Intel (INTC) initially soared after The Information reported it and TSMC (TSM) joined a tentative agreement to build their own chipmaking venture. Jenny Horne points to one overhang: Trump's tariffs. She and Oliver Renick talk about the possibility of the deal coming to light as the president seeks to build the American labor force. ======== Schwab Network ======== Empowering every investor an...

Volatility soared and trading sunk in the premarket hours when China announced 34% retaliatory tariffs on the U.S. Kevin Hincks considers this the sign of "peak pessimism" in the market. However, the latest private payrolls report showed strength. Additionally, Kevin points to crude oil's price crush as signs inflation can curb lower. ======== Schwab Network ======== Empowering every...

With Apple's (AAPL) broad global exposure to many countries facing higher tariffs like China, Vietnam and India, Rick Ducat and Tom White look at the technical patterns in the iPhone maker's stock price to see what support levels might be tested. Tom compiles an example options trade using a back ratio strategy. ======== Schwab Network ======== Empowering every investor and trader, every m...

In the face of continued trade uncertainty and tit-for-tat tariff responses, Nvidia (NVDA) shares have been hit hard. Ben Watson points to technical patterns in the short and long-term for the A.I. stalwart. Over the past year, Ben points to the downward trend in NVDA's 50-day SMA as share prices fade ahead of Friday's open. ======== Schwab Network ======== Empowering every investor and tr...

As markets are surrounded by selling pressures due to retaliatory tariff actions from China, Noah Yosif from the American Staffing Association discusses the latest labor market snapshot in the United States. The March employment report showed better-than-expected non-farm payroll jobs being added. In addition to this report, Noah looks at temporary & part-time employment trends as an indicator...

"We've gone from uncertainty to paralysis" in the markets, says Wayne Kaufman. He joins Diane King Hall at the NYSE to bring his long-term investing perspective to the tariff-related downturn underway. Compared to COVID selling, he says this may be more "self-inflicted" by the Trump Administration who's trying to do this at "lightning speed." ======== Schwab N...

Following Thursday's sell-off — the biggest one-day loss since 2020 — equity futures roil once again in response to China imposing retaliatory 34% tariffs on U.S. imports. As the VIX spikes above $40 and crude oil falls below $64 for the first time since 2021, Kevin Green assesses the damage. He says the downside support level for the S&P 500 (SPX) may fall to the $5,000 level, with a &quo...

Jenny Horne details the reported agreement between Intel (INTC) and TSMC (TSM) to start a new joint venture to take over control of INTC manufacturing facilities. The report originated from The Information and says TSMC will take a 20% stake in the JV. TSMC has previously announced plans to spend $100B in U.S. chip facilities over the next 5 years. ======== Schwab Network ======== Empowering every...

China's retaliatory 34% tariffs hike on U.S. imports has exacerbated equity selling and overall market pressure. Tom White examines the fallout from this week's tariff policy announcement from Pres. Donald Trump and how it impacts major stocks like Tesla (TSLA) and Apple (AAPL). ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market...

Markets had their worst day since 2020. The NDX plunged more than 5% while the SPX entered correction territory by tumbling close to 5%. President Trump's steeper-than-expected tariffs led to massive selling action in tech and the Mag 7. RH (RH) closed down 40% due to a triple whammy of lower earnings and guidance, topped by tariff uncertainty. One winner of the day: Intel (INTC), after The Inform...

Tariffs exceeded the 25% that OJ Renick hoped we'd stay under, but in terms of black-swan risks, we've seen much worse — and so recently, he argues. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460...

William Lee takes the contrarian route with tariffs after markets plunged in its worst session in five years. He offers a "rat poison" analogy and says markets are too focused on the tariffs themselves instead of their end goal. William says President Trump will eventually break down trade barriers and regulation, opening the door to new economic opportunity for the U.S. ======== Schwab...

As tariffs grip stocks, Charles Schwab's Nathan Peterson tells investors that bearish sentiment will linger the longer negotiations go on. Another wrench in the tariff conversation: some countries don't have tariff power to retaliate with. Mike Townsend talks about how smaller countries are limited in their negotiating power. ======== Schwab Network ======== Empowering every investor and t...

Matt Gertken thinks there will be a Russia/Ukraine peace deal this year. He thinks this is why European stocks are holding up despite the “trade war.” He discusses why Putin might be interested in a ceasefire, though he thinks any temporary truce is unstable. He also looks at the moves the E.U. and Germany are making to be more economically proactive. ======== Schwab Network ======== Empowering ev...

The SPX had its worst day since 2022 as investors dumped their holdings following President Trump's tariff announcement. Kevin Green urges investors to look at support levels as low as $5,000 in the event bears continue to claw into the index. As for volatility, Kevin highlights potential VIX trading strategies in its creep higher. ======== Schwab Network ======== Empowering every investor and...