Schwab Network

Kenny Polcari arguers that the uptick in unemployment should be "no surprise" to investors. The lag in economic data left markets "flying blind" and makes the case investors for ahead of expectations. He adds that a floor is being set in crude oil and doesn't see prices falling far below $55. As for stocks Kenny likes, he points to beaten down A.I. stocks like Broadcom (AVG...

Futures saw pressure in the hour ahead of the opening bell, brought partly by an uptick in unemployment and higher-than-expected job losses in October's jobs report. Kevin Hincks says the numbers "aren't as bad" as investors are pricing them. He points to changes in federal employment as the biggest asterisk in the report and makes the case retail sales are also better than the h...

Ann Miletti believes there's "noise" in the last two months of economic data but see the economy in "pretty good shape" for 2026. On expectations for the next year, Ann sees CapEx spending increasing and stimulus adding to the consumer picture, bolstered by interest rate cuts from the FOMC. She gives her top 6 predictions for 2026, from an acceleration in SMID caps and M&am...

Katie Hubbard believes Lennar (LEN) will beat earnings and remains strong due to its land positioning. She adds that the company has pricing power as it builds smaller, more affordable homes. As for 2026, Katie expects pressure in housing starts permits and starts along with mortgage rates. She highlights her favorable path ahead for the housing market into the new year. ======== Schwab Network ==...

Southwest Airlines (LUV) got the clearance for take off when it comes to its stock after Barclays issued an upgrade. Charles Schwab's Ben Watson turns to his technical analysis to explain why a further upside run will face short-term pressure. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. B...

Recent pressure in the SPX is something Kevin Green believes to be largely "mechanical in nature." He explains how VIX expiration and options play into the bigger picture. That said, KG warns that bears have "a little more of a chance" to pull markets lower. Watch Tuesday's jobs data and retail sales, which can ramp volatility higher if the prints don't meet investor ex...

Tesla (TSLA) shares popped on Monday but saw a downtick in Tuesday's trading action just ahead of the opening bell. Tom White turns to the stock chart to show key levels investors should watch as the company lingers in the headlines. He later offers an example options trade in Tesla. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks...

While metals saw a surge on Monday's session, especially in copper, Marley Kayden and Sam Vadas turn to crypto's sell-off and disappointing data out of China contributing to weakness. ======== 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.app...

Russell Rhoads examines today's choppy trading and the elevated VIX. He discusses the potential impact of late-year economic data, emphasizing the need for caution due to possible inaccuracies. Russell also delves into the Federal Reserve's stance on interest rate cuts, highlighting the critical role of early 2026 economic performance. ======== Schwab Network ======== Empowering every inve...

Derek Macpherson, CEO of West Point Gold (WPGCF), talks about gold's glimmering 60% rally in 2025 that nearly brought the commodity back to a record high Monday. Derek says central banks are the biggest buyers but notes retail investors adding it to portfolios on concerns of economic fragility. While he's not confident we'll have another 60% year anytime soon, Derek offers a bull case...

Nvidia (NVDA) may be the market leader, though its price action compared to peers tells a different story. Rick Ducat's technical analysis shows the Mag 7 giant bolstering a 33% rally in 2025 that still falls behind strength seen in Broadcom (AVGO) and AMD Inc. (AMD). Rick highlights Nvidia's bearish trends in recent sessions as options activity experienced a lighter-than-average day. ====...

Erin McLaughlin tracks homebuilder sentiment and how much difference the Fed’s rate cut has made. She notes that the average age of a first-time home buyer is now 40 (vs 33 pre-Covid), and it’s all about affordability. However, building affordable homes doesn’t give companies the same profit margins. Still, lack of demand means builders are making concessions and cutting discounts, which also hit...

James St. Aubin considers risk and reward in the AI sector, arguing that winners are the ones serving the end user. He thinks that AI is “propping up the economic outlook” and warns there could be asymmetric losses as downside risk climbs. He examines a Fed at odds and what the neutral rate actually might be: “you kind of know it when you see it.” ======== Schwab Network ======== Empowering every...

A.I. and iPhone sales will be Apple's (AAPL) focus for 2026, according to today's Watch List panel. CFRA's Angelo Zino talks about how A.I. can advance the Mag 7 company's hardware, which he says includes a potential foldable phone. Sales in China is another focus Angelo believes needs more attention. Morningstar's William Kerwin agrees, making the case that Apple will need its...

Institutions rotating out of altcoins into Bitcoin show the cryptocurrency is here to stay, says Alisia Painter. She sees the asset "going to the moon" but needs time to build up stability that will, in part, come from those big buyers. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwor...

Paul Schatz is “sanguine and bullish” into the end of the year, saying it’s hard to find negative catalysts in late December. However, he thinks 2026 will be “the worst year since 2022,” arguing that there won’t be double-digit growth again, but it will still be a positive year overall. He likes SLB (SLB), formerly Schlumberger, as well as CF Industries (CF) and Veolia (VEOEF). On the small cap si...

Barbara Goodstein looks at long-term market opportunities that interest the “very wealthy” clients she works with. She says they are still looking at crypto and AI: “this is about growing wealth for the future…Bitcoin always comes out on top.” She likes stocks that are “using Bitcoin as their treasury,” arguing that the coins themselves are undervalued. Barbara also highlights “all of the metals”...

Michael Pachter focuses on the video game industry, noting that there’s “not much left to consolidate.” He thinks Ubisoft is a “mess” and might be taken out and Take-Two (TTWO) is the “big profit center.” He explains how console gaming and mobile gaming are two different kinds of businesses, which is why there hasn’t been a lot of crossover success, he argues. On Roblox (RBLX), he calls it "t...

Uber Technologies (UBER) continues to gain momentum in consumer interest, according to LikeFolio's data. Landon Swan makes the case for autonomous driving serving as the double-edged sword going forward. He believes Tesla's (TSLA) push for the technology makes it "very tough" for Uber to compete. Alphabet's (GOOGL) Waymo also saw significant acceleration in 2025. ======== Sch...

CFRA's Garrett Nelson makes the argument that valuations continue to remain too high for Tesla (TSLA) with the stock hinging on A.I. and autonomous driving. He makes the case for CFRA's sell rating and $325 price target for Tesla as Wedbush's Dan Ives maintains his buy and $600 target. Karl Brauer believes the company can deliver on Elon Musk's vision for the future. However, Musk...

“The mania is going to unfold very slowly,” Michael Grant argues, saying that AI will slowly be “derated” next year. He discusses how moving from cash investment to debt-based investment in AI is changing the state of the market. “We have to go back to the fundamental question: how will this be used, and how profitable will it be?” He stresses that AI is “generic and non-proprietary,” which is an...

Prosper Trading Academy's Scott Bauer talks all about transportation and tech on today's Big 3. He highlights opportunity in Boeing's (BA) recent consolidation, ServiceNow's (NOW) significant sell-off, and Uber Technologies' (UBER) potential to rebound back to all-time highs. Scott offers example options trades for his picks while Rick Ducat gives his technical analysis into th...

Ted Thatcher explains what we learned from the Fed’s rate cut and previews the delayed economic data that will be released this week. The lack of clarity is making the Fed hesitant to commit to a path, he says. On the labor market, he reviews the mixed data and emphasizes seasonal job openings around the holiday season. His stock picks for 2026 include Alphabet (GOOGL), the “value play of the Magn...

Netflix (NFLX) remains in the spotlight as the stock trades nearly 30% off its all-time high. James Czerniawski calls its bidding war between Paramount Skydance (PSKY) for Warner Bros. Discovery (WBD) "fascinating" as talks are expected to continue for months, even years. James adds that those talks can face criticism from antitrust firms. Tom White offers an example options trade for Ne...

Wedbush sees more upside for Micron (MU). Diane King Hall talks about the analyst note which points to accelerating dRAM pricing paving a path for the stock to hit $300. Texas Instruments (TXN) saw very different treatment after Goldman Sachs double downgraded the stock to sell from buy after adjusting expectations on the A.I. chip space. Intel (INTC) captured headlines with its $1.6 billion deal...