Schwab Network

Gene Goldman sees a low probability of a Santa Claus rally this year, arguing that “we have a terrible market backdrop” as Bitcoin drives markets lower, the Fed turns hawkish, and inflation persists. He sees “very little room for multiple expansion” and thinks that 2026 returns will only be in the single digits. However, Gene expects AI and technology to remain bullish. Another favored sector is h...

Private payrolls in the latest ADP employment print showed a decrease of 32,000 jobs. Kevin Hincks reports from the Cboe Global Markets to explain what the numbers means and why it emphasizes the Fed's employment end of its dual mandate. However, as Kevin points out, consumer spending remains strong. He also touches on Nvidia (NVDA) CEO Jensen Huang's meeting in Washington D.C. with the go...

With the Fed likely to cut rates, the market has plenty of liquidity and should be able to maintain the 2025 rally, according to Thomas Hayes of Great Hill Capital. Hayes thinks the usual volatility seen in an mid-term election year may be overblown, and thinks that the Health Care sector and defensive dividend stocks are set to outperform in 2026. Hayes stock picks include Pfizer (PFE) and Papa J...

Snowflake (SNOW) shares have rallied nearly 50% this year, outperforming its peers in the cybersecurity sector. Rick Ducat examines the chart ahead of earnings and Tom White places an example trade. ======== 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://a...

Salesforce (CRM) has lost nearly 1/3 of its value since the beginning of the year, and with earnings on deck, its A.I. Agentforce will be the most factor in its earnings report according to Melissa Otto of S&P Global Market Intelligence. Otto says that Salesforce needs to show specific quantification of how the Agentforce and Data360 business segments progress can be tracked. ======== Schwab N...

Futures are pointing to a second straight day of gains as volatility falls, with Nvidia (NVDA) pushing markets higher in the premarket. Kevin Green examines Wednesday morning's action, including the ADP jobs data and Bitcoin Futures (/BTC) showing gains, with iShares Bitcoin Trust ETF (IBIT) seeing buyers. In earnings news, Marvell (MRVL) is soaring after guiding for strong data center demand...

Shares of Uber are moving higher premarket after an upgrade to buy from Arete. Rachel Dashiell examines the chart, which in the short term has been showing a possible bottoming process with $90 the key level to watch. The long term chart shows a consistent uptrend, with the recent fall in shares showing support at the $82 level, with the stock rangebound for several months. ======== Schwab Network...

“At some point, the AI trade is going to fall flat on its face,” says Jake Dollarhide – but not right now. He says Google’s Gemini is “pushing OpenAI to its max” and thinks Sam Altman is calling a code red because he thought their lead was unbeatable. Jake sees “a lot of value” in the market, especially in sectors with smaller gains. However, he warns of a potentially accelerating unemployment rat...

CrowdStrike (CRWD) and Okta Inc. (OKTA) muscled earnings beats for cybersecurity while Marvell (MRVL) did the same for the A.I. hardware space. All showed different reactions when it came to price action. Marley Kayden, Sam Vadas, and Kevin Green break down the earnings and analyze why each stock was searching for direction after the closing bell. ======== Schwab Network ======== Empowering every...

Chris Retzler expects small-cap stocks to rally should the Federal Reserve cut interest rates. He explains how recent tax policy changes will unlock capital in the small-cap space, especially in the technology sector, driving growth in areas like data centers, automation, and robotics. Chris also highlights semiconductors as a key opportunity, anticipating a boost from enterprise refreshes and a p...

From OpenAI CEO Sam Altman issuing a "code red" to employees, to the international front in the Japanese bond market, Marley Kayden and Sam Vadas explain what makes Tuesday's headlines so critical to Wall Street. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read t...

Credo Technology (CRDO) hit an all-time high of $213 Tuesday before pulling back from the record. George Tsilis why some investors see Credo as a "hot" under the radar A.I. stock after posting a stronger-than-expected earnings report. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Befo...

Ahead of Okta Inc.'s (OKTA) earnings after Tuesday's closing bell, Rick Ducat analyzes the most recent earnings moves and why they can be "confounding" to new traders. He explains how the general cybersecurity trade experienced shakiness in 2025 by comparing Okta to peers like CrowdStrike (CRWD) and Fortinet (FTNT). Rick takes investors through bearish and bullish signals in the...

Kyle Brown, CEO of Trinity Capital (TRIN), explains how the alternative asset management company works and how they partner with nascent companies to put them on the path towards IPOs. Kyle digs into the private credit market, which has become more popular as fewer companies come to public markets. He addresses skepticism of the industry – “not all private credit is made the same” – and why return...

David Woo expects a hawkish rate cut from the Fed, if we get one at all, noting that multiple Fed members at the last meeting did not want another cut. The Fed’s next rate announcement will be on December 10. “The market right now is pricing in more cuts” in January and March, and if the Fed stays neutral, it “could be a problem” for bonds and equities. He discusses what that fallout could look li...

In previewing CrowdStrike (CRWD) and Okta Inc. (OKTA) ahead of their earnings after Tuesday's close, Ahmed Khan shows concerns from 2025's price action compared to 2024 but believes it makes the names more attractive in affordability. He adds that cybersecurity's fragmented market will experience continued consolidation. Ron Westfall notes "mixed" expectations heading into th...

Dale Smothers returns to the Watch List and explains why he believes A.I. stocks hit a new bottom after stark selling action in November. Names he likes include Palantir (PLTR), Nvidia (NVDA), CoreWeave (CRWV), and Applied Digital (APLD) as he sees more upside potential to downside risk. Another factor Dale expects to bolster the A.I. trade: CapEx spend from hyperscalers like Alphabet (GOOGL). ===...

Kevin Horner’s Technical Tuesday picks are the SPX, MSFT and NFLX. On the SPX, he looks at price levels from the last few days and points to it breaking above the 50-day moving average. Microsoft (MSFT), which is bouncing back from its 200-day moving average, will take “a bit more optimism” to bring it above the “neckline” level Kevin sees. Lastly, Netflix (NFLX) “doesn’t look terribly bullish” he...

Jay Jacobs gauges income-oriented ETF demand in a record year for ETFs altogether. He describes different strategies traders are using to play the market and shares a few ETFs they may be interested in, including the iShares Advantage Large Cap Income ETF (BALI) and the Deep Buffer ETF (IVVB). Turning to AI, Jay says there are lots of options for ETFs, including the AI Innovation and Tech Active E...

John Giannandrea, Apple's (AAPL) A.I. chief, is stepping down and offering his seat to a former lead engineer for Alphabet's (GOOGL) Google Gemini. Marley Kayden notes this is the latest A.I. shakeup surrounding Apple, adding that the company is currently under the microscope when it comes to A.I. software developments. She talks about how Apple is "often late to the game" and wa...

Susan Fahy notes that average credit scores are around 701, calling the consumer “resilient” overall. However, lower-income consumer delinquencies are rising, driven by persistent inflation, labor market softening and limited access to credit. Susan also breaks it down by generation, highlighting Gen X’s accelerating delinquencies; mortgage credit delinquencies are showing the biggest increase. ==...

Likefolio’s Andy Swan says Dollar Tree (DLTR) is in the right space ahead of earnings as consumers trade down. However, it is lagging Dollar General (DG) and Five Below (FIVE), which “is certainly troubling.” This is a company that is “trying to enact a turnaround,” and there are some signs of success, Andy says, but it might not be fast enough. ======== Schwab Network ======== Empowering every in...

"Very positive growth momentum" helps shape MongoDB's (MDB) growth story, says Luke Yang, though he has a price target for the stock significantly below the current value. He says MongoDB needs to define itself against other growing companies like Snowflake (SNOW) to succeed long-term. Steven Koenig also has a price target below current value for similar reasons. He believes the comp...

Investors are waiting on pins and needles to the Fed's December decision on interest rates, says Jessica Inskip. When it comes to today's Big 3, she explains how Amazon (AMZN), Southwest Airlines (LUV), and Citigroup (C) play into the consumer big picture. Rick Ducat shows key levels to watch for all three stocks through technical analysis. ======== Schwab Network ======== Empowering every...

Tony Zabiegala expects strong earnings growth in 2026, along with rate cuts and tax cuts to boost markets. However, he thinks that AI capex cash is going to run out sometime next year, and companies will have to take on debt to keep going – inviting greater investor scrutiny. On the consumer side, Tony argues that inflation from the past few years is catching up, with wage growth lagging behind, d...