Schwab Network

Michael Underhill points to Argentina's turnaround under Javier Milei as the possible blueprint for Donald Trump's economic plan in the U.S. called a potential recession "transitory." The latest rally for the S&P 500 (SPX) according to Michael is something that "doesn't happen in a bear market." For investing, he calls the 60/40 portfolio "dead" and lo...

Microsoft (MSFT) starts the new week with a downgrade. Spotify (SPOT) shares slide after one analyst cuts its rating. And, Warren Buffett is stepping down as CEO at Berkshire Hathaway (BRK/B). Tom White has the latest ahead of Monday's open. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork...

Rachel Dashiell looks at the "rebasing pattern" occurring for Reddit (RDDT) after the company's latest earnings report. With the longer-term chart in focus, she says $80 is the clear support level. The RSI momentum study shows upward movement after hitting that $80 area and says it's trading right near its 200-day moving average. ======== Schwab Network ======== Empowering every...

Economic data and the FOMC meeting will be key drivers for the market this week, says Kevin Green. He kicks off the week with a look at the markets following a historic winning streak for the S&P 500 (SPX). Any kind of optimism in the ongoing U.S. and China trade talks would a catalyst, but KG believes the India trade deal may already be priced in to the markets. For Japan, he says the rhetori...

The SPX hit a milestone the index hasn't seen since November 2004: closing higher nine days in a row. It also comes with four Mag 7 companies reporting earnings that showed mostly better-than-expected results. Microsoft (MSFT) led with strong revenue in Azure cloud, though Amazon's (AMZN) AWS revenue ticked slightly under analyst estimates. Apple (AAPL) was the biggest laggard of the group...

Expectations were pretty high coming into Amazon's (AMZN) earnings, according CFRA's Arun Sundaram. He believes the company's stock would've performed better if it announced earnings before Microsoft (MSFT). Arun expects all of Amazon's business to be tariff-resilient to an extent, it just comes down to how it manages its operating margins. ======== Schwab Network ======== Empo...

Chris Wang discusses his top stock picks in a market searching for direction. Despite trade uncertainty, Wang sees opportunities in names like SharkNinja (SN), which has diversified its manufacturing base away from China, and Take-Two Interactive (TTWO), which he believes has a growth story still intact despite a delay in its highly-anticipated game, Grand Theft Auto 6. He also likes Celsius (CELH...

The S&P 500 (SPX) has closed higher in 9 straight sessions, the longest win streak since 2004. Marley Kayden and Kevin Green help Alex Coffey wrap up the Mag 7 stacked earnings week and provide their takeaways from Friday's rally following better-than-expected jobs data. Marley sees a "cautious optimism" in the move as reports of softening in the U.S. & China trade dispute co...

"Every week is a crazy week" lately in the markets, says Charles Schwab's Mike Townsend. Despite all of the news around tariffs, he sees investors returning to a focus on economic data and earnings instead of trading off headlines. However, the tax bill in Washington may throw a wrench into that mindset. Cooper Howard talks about the economy holding its own despite tariff volatility....

Alan Hibbard thinks we will see a “doubling” or even “quadrupling” of gold prices before the end of its bull market. Even if the Fed raises rates, he argues that gold can continue to do well. He’s also not concerned about international demand diminishing. However, he says there’s “always a possibility” countries will switch to bitcoin as “digital gold,” though he doesn’t expect that in the next fe...

The SPX closes on a winning streak it hasn't seen since 2004. Kevin Green notes technical bullish trends he sees in the charts but urges investors to continue monitoring the put flows stacking up into the weekend. He also looks at a confluence taking shape in the index and compares it to something similar seen in 2022. ======== Schwab Network ======== Empowering every investor and trader, ever...

Mark Morelli, President & CEO of Vontier (VNT), a mobility solutions company, discusses the latest earnings and where the company is headed next. He says Vontier, which provides “seamless” EV charging, is involved in “critical infrastructure” around the U.S. “70% of our business” is the convenience store markets, he says, and “there’s continued investment going into this infrastructure.” Even...

Jordan Shapiro finds the jump in the number of Americans out of work for longer concerning, noting that fast tech shifts have increased difficulty in transitioning skillsets. Still, he notes that a lot of layoffs are coming from the tech sector. He doesn’t think A.I. replacement will hit the “hourly worker” sector because the “consumer economy” wants human interaction, not robot. ======== Schwab N...

Stewart Glickman and Rob Thummel give their takeaways from Exxon Mobil (XOM) and Chevron (CVX) earnings. Stewart emphasizes the two are setting up for the “longer term” even as crude oil prices have fallen. Rob agrees, but in the near-term thinks investors should look for energy companies with less sensitivity to crude prices, for example Kinder Morgan (KMI). Stewart likes Cheniere (LNG). ========...

Jeffrey Cleveland calls the 1Q GDP number and payrolls data the highlights of the week. He says GDP readings indicate the U.S. economy will continue to grow through the rest of 2025, and payrolls data shows “things aren’t as dire” as bears think. While he doesn’t expect the Fed to cut rates at its upcoming meeting, he expects cuts this year. ======== Schwab Network ======== Empowering every invest...

Ted Weisberg is “cautious,” saying volatility could “easily come back again.” His picks now include Chubb (CB), Intercontinental Exchange (ICE), Zoetis (ZTS), and Fluor (FLR). He’s choosing stocks in sectors that are staples – and in the case of Zoetis, likes animal healthcare better than the healthcare/pharma sector. He emphasizes that the stock market is a “forward looking indicator,” and the la...

Dan Ives says the state of tech and A.I. is in a "much different spot" than when he last appeared on the Schwab Network. Mag 7 earnings coming in mostly better-than-expected brought bullish optimism back to light. Dan notes Treasury Secretary Scott Bessent's action on tariff deals helped steer the White House in the right direction. He expects Apple (AAPL) to beat the tariffs as it m...

Lisa Flicker shares her insights on the state of the U.S. labor market, which she believes is a story of "haves and have-nots." Despite overall job growth, Flicker notes that certain sectors like construction and healthcare are thriving, while others, such as California's real estate market, are struggling. In hospitality, Flicker points to a trend she calls the "White Lotus eff...

Nvidia (NVDA) doesn't report earnings until late May, butthat isn't stopping skyrocketing trading action. Diane King Hall points to a tailwind in the latest round of Mag 7 earnings, particularly Amazon's (AMZN) $100 billion planed CapEx spend toward A.I. However, Diane talks about cracks forming in analyst coverage with Seaport Securities' new sell rating on the stock. ======== Sch...

Likefolio’s Landon Swan says the used car business is “not for the faint of heart.” With Carvana (CVNA) only holding 1% of the market, he sees a lot of room to expand. He shares Likefolio’s consumer sentiment data, comparing it favorably to CarMax (KMX). However, he thinks the stock is priced “almost to perfection,” pushing him to the sidelines. ======== Schwab Network ======== Empowering every in...

Apple (AAPL) sold off Friday morning following Thursday's earnings. William Kerwin notes a $900 million tariff hit for third quarter but says it's a "drop in the bucket" for Apple. He says iPhone revenue continues to be the most important driver for the Big Tech giant moving forward, which can see volatility as production moves out of China. On the upside, William sees potential...

Jonathan Klamkin, President & CEO of Aeluma (ALMU), talks government contracts and the business. “We’re a small but emerging company, and our technology competes with the giants” of chip manufacturing, he claims. He doesn’t fear competitors, he wants to partner with them to broaden the company’s reach. ======== Schwab Network ======== Empowering every investor and trader, every market day. Sub...

Vance Howard believes the SPX will close at either 6,400 or 6,500 by the end of the year. He says investors are capitalizing on "tremendous amounts of opportunity" left in an oversold market. Even with tariffs, Vance is confident China will come to the table, especially if Vietnam and India make trade deals with the U.S. He's keeping a close eye on major tech stocks as well, includin...

Prosper Trading Academy's Mike Shorr talks about three defensive plays with potential to gain strength in a tariff-driven environment. Mike talks about the upside potential behind PepsiCo (PEP), T-Mobile (TMUS), and Teradyne (TER). Rick Ducat takes investors through the charts. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minu...

To wrap up a big week for Mag 7 earnings, Kevin Hincks looks at two other names within the megacap tech group. For Nvidia (NVDA), the A.I. semiconductor company doesn't report earnings until May 28. Kevin creates an example call diagonal trade ahead of the quarterly report. On Tesla (TSLA) he uses a long call calendar strategy and explains the differences between each trade type. ======== Schw...