Schwab Network

Danny Kirsch returns to Market On Close and talks about all things volatility. With markets still reeling from Trump's tariffs, he sees investors derisking and standing by in "wait" mode until there's more clarity or cutbacks in tariffs. He doesn't see much upside investment potential as VIX lingers in the 20s range. However, Danny talks about trading volatility as investors...

Cullen Roche says that markets are losing sight of the fact that things were “already dicey” economically even before tariffs. He calls the next 12-18 months “pretty worrisome.” He doesn’t think consumers are “strong enough to bear the brunt” of this. He thinks Powell will be extra cautious going forward because it will be uncertain whether tariffs are a one-time price increase or inflationary. He...

Jeffrey Kleintop expects excluded categories like semiconductors and pharmaceuticals to have tariffs announced by April 9: “there’s more bad news to come, I’m afraid.” He expects “staged retaliations” from Europe but thinks there could be negotiations beforehand. He says one would usually expect the dollar to rise when tariffs are announced, but this isn’t happening this time because of concerns a...

Eric Clark and Greg Portell give their takeaways from RH’s (RH) earnings and outlook. Greg says that $100 billion in productivity will be destroyed in the U.S. by tariffs taking attention, and says RH is missing out on opportunities as its management is forced to deal with trade issues. Eric is waiting for “wash out signals” before he puts money to work in retail, expecting a farther fall from her...

Tim Urbanowicz believes President Trump's tariffs are a "starting point for negotiations" to remove trade barriers, but he's concerned as to "what's going to be enough" to make that happen. He's bracing for markets to slide another 5% to 10% as tariff disputes continue. One positive Tim points to is tech valuations coming down to more reasonable levels. That sai...

George Seay looks at other historical market plunges to call today a “big bag of nothing.” However, he expects it to get “a lot worse before it gets better,” so investors should be cautious when entering dips. He thinks the tariffs are a “tax increase” and possibly the first step toward a trade war. He's "intrigued" by China's stock market's strength and likes international e...

Mark Kohler gives tax advice two weeks ahead of the deadline. “Pay what you think you owe” and then file for an extension, he says, which “reduces your chances of an audit.” He gives tips for writeoffs on side hustles, including home offices. He also looks at taxes around crypto, emphasizing that “any transaction” has to be reported. ======== Schwab Network ======== Empowering every investor and t...

Alphabet (GOOGL) is trading near a year-low after slipping more than 25% from all-time highs just a couple months before. LikeFolio's Landon Swan says the Mag 7 giant has an A.I. optimization issue. He talks about the contradiction in its Gemini strategy and what Alphabet needs to fix it. However, Landon shows Likefolio's data to highlight its monstrous user base and cloud growth as tailwi...

“Companies have not guided for this next round” of tariffs, says Karen Short. She looks at retailers that are not as exposed to tariffs but says much is uncertain because of the lack of guidance. She says retailers may ask vendors for relief, absorb the higher costs, or try to pass them on. “It’s very hard to manage a business this way,” she emphasizes. ======== Schwab Network ======== Empowering...

Phil Blancato and Eric Winograd discuss the market sell-off. Phil considers it “overdone”, citing strong economic data. He says this is an opportunity to “buy a stock you really like” at a discount: he “would buy” Nvidia (NVDA) today at $104. Eric disagrees completely, saying the market is “underestimating” the tariff impact. “This is a really significant downgrade to the economic outlook.” ======...

Dan Deming looks at three companies he believes will withstand the tariff storm. One stock managed to climb higher despite the market sell-off. Dan discusses what he sees in IBM Corp. (IBM), Verizon (VZ) and Visa (V). Rick Ducat returns to analyze the technical trends he sees in the charts. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Ma...

Sean Dranfield joins Oliver Renick to discuss the bond market and its recent moves. He argues that the 10-year Treasury yield's significant decline since the start of the year is a sign of a "risk off" move, and that the bond market is pricing in deflationary outcomes and recession. He also mentions that commercial mortgage-backed securities are an attractive option, despite potential credit risk...

Nvidia (NVDA) and Tesla (TSLA) are in focus today as the market sell-off continues. Kevin Hincks shares example trades to play a potential bounce in these two high-profile names. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v...

Caroline Woods turns to the new developments on Amazon's (AMZN) TikTok bid. She notes the Mag 7 company's offer to buy the social media giant as the latest in a string of bids for partial U.S. ownership. However, Caroline says the bid will face challenges from the Trump administration. Despite the stock selling off due to tariff concerns, Joe Tigay remains bullish on Amazon's long-term...

Certainty on tariffs presents an opportunity on markets to build on the "worst case scenario" seen Wednesday, says James Demmert. He still expects the Trump administration to use the tariffs as a trading opportunity that will reverse negative sentiment. James believes the bull market remains intact and that A.I. will continue to lead. Tom White presents example options trades in Apple (A...

RH is down an astounding 40% after President Trump's tariff announcement rocked Wednesday's earnings call. Diane King Hall points out that its miss on the top and bottom lines, mixed with lackluster guidance, did no favors for the stock. Best Buy (BBY) got a downgrade from Citi as it cites tariff headwinds against the tech retailer. However, the firm upgraded TJX Companies (TJX) and Ross S...

Today's sharp selling action at the open is something Kevin Green suggests could get worse. The question rides on how swift the pullback can occur. He points to the VVIX spike as a sign VIX can "catch up" during the day after it gained traction from futures trading. Kevin highlights the scenarios that could shed positive light for markets. ======== Schwab Network ======== Empowering...

Charles Schwab's Liz Ann Sonders believes markets did not price in the extremes seen in Wednesday's tariff announcement. She talks about the probability of the recent correction morphing into a bear market as forward-looking growth remains questionable in the U.S. With domestic weakness top-of-mind, Liz Ann notes a recent shift to international stocks as one that can gain traction. =======...

Dan Ives with Wedbush says President Trump's tariffs are "worse than the worst case scenario." Apple (AAPL) and Nvidia (NVDA) are at the center of supply chain risk when it comes to the tech industry, along with Nike (NKE) and Lululemon (LULU) for retail. Jenny Horne weighs the outlook for these companies and whether there's pricing reprieve on the horizon. ======== Schwab Networ...

Kevin Hincks urges investors to stay calm and look 3-9 months in the future when it comes to your portfolio. Reporting from the Cboe Global Markets, Kevin says investors need to have a broader view on the selling pressures and suggests looking into companies with strong balance sheets that could potentially withstand the brunt of a global market sell-off. ======== Schwab Network ======== Empowerin...

Rick Ducat examines the chart of Delta Airlines (DAL) which has been a steady downtrend since hitting highs in January. Rick points to heavy trading volume during the selling action, and notes that shares will likely take out the standard -2 deviation level upon Thursday's open. Then, Tom White examines an options trade strategy in DAL. ======== Schwab Network ======== Empowering every investo...

"What we got was really a different calculation," says Ben Emons. He says there's really "very few highlights" across the global economy and "no where to run" in this moment. His attention now turns to the counter measures other countries may enact that could further elevate volatility and increase pressure on markets. ======== Schwab Network ======== Empowering e...

Ahmed Riesgo looks at the "high-risk, high-reward" position that President Trump's tariff policy will have on the U.S. economy. For immediate risks to the consumer, he says inflation prints will "probably come in higher" and he adds that other countries' response will be a key factor in any escalation. ======== Schwab Network ======== Empowering every investor and trade...

Ben Watson joins Diane King Hall with a look at the iPhone maker in the wake of heavy selling pressures due to Pres. Trump's tariff policy announcement. For Apple (AAPL), he doesn't see a lot of "positive momentum" on its technical picture. On the longer-term chart, Ben sees a better trend. He points to a critical range between $206 and $195 for downside support. ======== Schwab...

Investors are bracing for a bumpy Thursday trading session after the Trump administration announced its wide-ranging tariff policy. Kevin Green explains why some aspects of the plan caught investors off guard, noting pressure on tech stocks like Apple (AAPL) and Nvidia (NVDA). KG looks at weakness in the U.S. dollar before noting a potentially wide trading range in today's session if a "b...