Schwab Network

David Wagner says profits matter more to equities than yields right now, and he's not worried about the absolute level of rates. He argues against moving into fixed income, preferring to over-own risk assets like hyperscalers and high-quality small caps. Wagner sees the debt-to-GDP ratio improving and calls the economy a "rainbow" worth embracing despite the rain. ======== Schwab Net...

David Miller stays bullish on equities despite rising rates, pointing to 5%+ GDP growth and mid-teens earnings growth as reasons to prefer stocks over bonds. He calls the "SaaS apocalypse" narrative silly, noting companies like Intuit (INTU), Wix (WIX), and HubSpot (HUBS) have high margins, strong free cash flow, and big buybacks. Miller also remains long-term bullish on gold and favors...

The Trump administration's attempts to lower taxes on diesel is offering relief for equities as crude oil and other energy-tied trades move lower. Kevin Hincks talks about the direction he sees the energy trade moving toward as Fed speakers discuss the state of the economy and interest rates. Another energy mover happening Tuesday morning: Constellation Energy (CEG) and Alphabet (GOOGL) signin...

Nvidia (NVDA) reached a new record high on Monday with Tuesday's premarket trading action indicating an even higher open. Tom White shows how the stock broke out from key support levels as momentum on the RSI nears overbought territory. He turns to an example options trade for the Mag 7 giant. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options invo...

The Fed has a real dual mandate problem, according to David Busch. Softening in the labor market through the September jobs report, paired with a slowdown in hiring, lead him to believe the FOMC will pause in October with a possible hike in December. On the outlook for Treasury yields, David doesn't see demand sustaining for higher rates long-term. ======== Schwab Network ======== Empowering e...

Joe Schmitz talks about whether you should do a Roth conversion if you're nearing retirement. As he explains, "it's not a strategy for everyone," outlining the reasons upcoming retirees should consider changing their investment plan. Joe then explains his end-of-year market outlook and how you can protect your portfolio. ======== Schwab Network ======== Empowering every investor...

McDonald's (MCD) is struggling to rebound off 4-year lows, with pressure being added onto the stock with a price target cut from Keybanc. However, as Charles Schwab's Ben Watson points out, the 5-day chart shows a sharp rebound off Monday's new 52-week low. He also shows how McDonald's is becoming an "anti-yield" stock. ======== Schwab Network ======== Empowering every in...

Futures indicate the S&P 500 (SPX) is knocking on the door of a new all-time high, though Kevin Green says there are key technicals to watch if the index breaks out. A downtick in crude oil prices is another key factor backing bullish sentiment Tuesday morning. KG walks investors through the key levels to watch in both as investors prepare for a new earnings season. In equities, AMD Inc. (AMD)...

Microsoft (MSFT) tapped 11-months highs after securing an upgrade from Melius Research. Cerebras (CBRS) rallied after OpenAI CEO Sam Altman's partnership comments. A pair of acquisitions led to clear outperformers and underperformers in the S&P 500 (SPX). Marley Kayden carries investors through the top stories of the day. ======== Schwab Network ======== Empowering every investor and trade...

On a day where U.S. ISM services took a turn downward, General Motors (GM) announced plans expand its reach in the hybrid car market. On international headlines, Brazil's stock market saw a rally following election results in the country. Sam Vadas and Marley Kayden explain what makes their top takeaways on Monday's session significant for investors. ======== Schwab Network ======== Empowe...

Nick Raich says the AI infrastructure buildout has fueled a technology-led rally that remains the only sector outperforming the S&P 500 (SPX), and he stays overweight tech through year end. He warns that rising interest rates and weakening earnings estimates could create a two-quarter divergence between stock prices and fundamentals, a pattern that has preceded every major correction. Raich ex...

Tony D'Onofrio, president of Sensormatic Solutions, says US holiday store traffic is expected to fall about 3.5% this year as physical and digital retail merge, with stores like Walmart (WMT) doubling as distribution centers. He notes AI agents will drive roughly 20% of holiday commerce while inflation remains a headwind, but says wealthier shoppers keep spending. D'Onofrio emphasizes that...

Jay Jacobs, US head of equity ETFs at BlackRock (BLK), says international stocks are coming back in favor as investors use more precise ETFs to target AI-related countries like Taiwan and Korea, along with policy-driven markets like Brazil. He sees the Mag 7 reestablishing leadership but notes investors are also looking beyond them into memory, power infrastructure, and materials like copper. Jaco...

Charles Schwab's Brett Crowther sees the S&P 500 (SPX) pushing against resistance with a potential breakout target ahead, though rising yields are creating competition for equities. He flags Boyd Gaming (BYD) as oversold and due for a bounce toward $80 ahead of earnings, despite headwinds like slowing Las Vegas traffic and prediction markets eating into gambling. He also likes Amphenol (AP...

Neena Mishra, director of ETF research at Zacks Investment Research, says AI is expanding rather than disrupting cybersecurity, with stocks like CrowdStrike (CRWD), Palo Alto (PANW), and Zscaler (ZS) rallying and cybersecurity ETFs up about 50% year to date. She calls AI models escaping their sandboxes a "Jurassic Park moment" that makes cybersecurity a must-have spend, and highlights ET...

Will Anthropic's IPO face a similar trend to SpaceX (SPCX)? David Shapiro thinks so, pointing to appetite reaching a fever pitch ahead of a tentative public debut before the end of 2026. Even after company leadership expressed AI safety concerns, David says interest in the IPO increased. Evan Schloassman addresses concerns as to whether the current market environment can stomach Anthropic'...

Joy Tang, CEO of Markable AI, breaks down Amazon's (AMZN) fall Prime Big Deal Days event, with Adobe (ADBE) forecasting $9.9 billion in US online sales and fashion, seasonal, and household items leading the way. She explains how creators are driving purchase decisions, with creator-influenced spending expected to grow from 6% to 30% of online consumer spending in the next few years. Tang also note...

"For years, Spotify (SPOT) has had an enormous edge" over competitors in the music streaming space, says Andy Swan of LikeFolio. Consumer demand trends between it and Apple (AAPL) Music show pressure stacking up against the streaming giant. "It's appropriate to be cautious," according to Andy, who points to other consumer trends that he worries can mute Spotify's future...

Kiana Danial, the InvestDiva, says Nvidia (NVDA) is "underpriced" despite holding a colossal $5.7 trillion market cap. She outlines her bull case for the Mag 7 giant that includes an expanding AI landscape with frontier models that she says will need Nvidia's hardware. Kiana compares the company to AMD Inc. (AMD), Intel (INTC), and Broadcom (AVGO) to explain how each take different p...

Nvidia (NVDA) is now planning $235 billion in share buybacks, something that shows "extreme confidence" in CEO Jensen Huang's future vision for the company, says Paul Powers. He adds that the buyback allows Nvidia to deepen its AI moat and monetize businesses it currently has investments in. Wedbush's Matt Bryson believes addresses Nvidia's evolving role in the entire AI stac...

Charles Schwab clients diversified their portfolios throughout September, highlighted by what Joe Mazzola considers a unique trend in sharp ETF inflows. As he says, not just one ETF made the top 10 buys in the month, but five. Among the top equity buys in September: SpaceX (SPCX), Amazon (AMZN), Broadcom (AVGO), and Nvidia (NVDA). Meta Platforms (META), AMD Inc. (AMD), Palantir (PLTR), and Intel (...

Scott Bauer of Prosper Trading Academy tells investors to expect "a lot of volatility" in October as he sees it as the most volatile month of the year. That said, he highlights trading opportunities in stocks and ETFs he expects to weather the storm. Scott takes investors through his example options trades in Alphabet (GOOGL), Expedia (EXPE), and the Roundhill Memory ETF (DRAM). Kevin Gr...

Paul Schatz, founder and president at Heritage Capital, sees a split market with mega-cap tech at highs while the average stock is down over 20%. He advises caution in Q4, says October needs a 5% pullback to fuel a year-end rally, and is bullish on Bitcoin toward 100,000 into Q1 2027. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market M...

Morningstar Wealth's Ahmed Khan says Zscaler (ZS) is positioned to benefit from AI-driven network traffic growth but has underperformed peers like CrowdStrike (CRWD), Fortinet (FTNT), and Palo Alto (PANW) due to weaker execution and its narrower focus on network security. He sees the upcoming investor day as a chance to address concerns around AI monetization and the recent CRO departure. Tom Whit...

Melius Research upgraded Microsoft (MSFT) to buy from hold and sees a strong case building for the Mag 7 giant's Azure cloud platform. Marley Kayden takes investors through the key takeaways from the analyst note, which explains why the firm sees Microsoft and its team as the "adults in charge" for the AI trade. Prosper Trading Academy's Charles Moon walks through his example opt...