Schwab Network

Markets can't go "straight up and to the right," says Rebecca Walser (@walserwealth), calling Wednesday's selling activity "expected." She returns to the NYSE set and explains what factors played a role in the session's price action. Rebecca later touches on the rally in gold and liquidation of Bitcoin, both signals that she says signifies that investors are taking...

“We’re in this tricky period” in markets, Michael Reinking explains, highlighting levels to watch in the SPX. He looks to the 3Q earnings season and talks about whether “newsflow hype” can continue to spur on market gains. On volatility: the longer we stay around 20, the more he expects institutions to reduce their market exposure. ======== Schwab Network ======== Empowering every investor and tra...

Kyle Bergacker thinks volatility is creating a buying opportunity for long-term investors. “This is America: companies adapt,” he says. He comments on the government shutdown and tariffs and whether these are just “headline risk.” If the government shutdown continues for another few weeks, it will start to hit GDP, he notes. He likes Citigroup (C), ASML (ASML) and Keycorp (KEY), and lays out his r...

Rob Thummel thinks investors need to push further into “AI enablers” rather than the megacap tech. He gives Dell (DELL) and Riot Platforms (RIOT) as examples, the latter of which is switching from crypto to the data center business. He also likes Modine (MOD), which provides rack cooling in data centers. Rob also looks to energy names like Williams (WMB). ======== Schwab Network ======== Empowerin...

Texas Instruments (TXN) sold off after what Dan O'Brien called a "largely in-line" earnings report. His reason: more macro risk compared to Texas Instruments' chipmaking peers. However, Dan believes the company found a bottom when it comes to inventory drawdown. On his A.I. picks, he takes investors through names like ASML Holding (ASML), TSMC (TSM), Nvidia (NVDA), and Broadcom (...

Jenny Horne and Adam Lynch dive into the latest headlines in the crypto space. First, Adam looks at the technical setup for Bitcoin (/BTC) and Ethereum (/ETH) as both tokens are down from recent highs. Later, the duo dissect the ripple effects from the AWS Cloud outage and how it impacted customers at Coinbase (COIN). And, finally, Adam provides perspective to Federal Reserve Governor Christopher...

Brett Feldman from AT&T (T) reflects on the latest quarter on Next Gen investing. He highlights strong customer growth year over year and above Street estimates. “Our success was not limited to our mobility business,” he adds, turning to better-than-expected broadband customers. He notes that they don’t lead in market share despite making the most investments in their business, and that create...

@LikeFolio's latest data on Tesla (TSLA) shows the company's web visits continuing a record run, and Andy Swan says the interest isn't just from the rush from customers to buy EVs. He explains how the future aspirations of A.I., autonomous driving and robotics all helped the company hit the gas on digital interest. With Tesla reporting earnings after the closing bell, Andy remains bull...

Ken Leon and Stephen Kent give their takeaways from Netflix (NFLX) earnings. Stephen says “we can survive” the stock dropping in Wednesday’s trading, saying “everything is going fine” if you are an internet-only platform – but competitors are struggling with cable. Ken says “the real issue” with the report was a “lack of anything very, very positive for investors.” Stephen believes Netflix is main...

Kevin Green offers his technical analysis on some of the biggest macro movers happening in the market. He speaks on the surge in mortgage refinancing and the mixed picture it offers for the overall housing market. He explains the "technical bounce" happening in crude oil as India seeks to pull back on some of its Russian oil purchases. Kevin later highlights the potential rebound in gold...

@Theotrade's Don Kaufman takes a rare bullish stance on Costco (COST) but shows his bearishness when it comes to Lennar (LEN) and Wells Fargo (WFC). He explains what's behind his reasoning while offering example options trade for his Big 3. Rick Ducat gives investors a glimpse into key levels he's watching in the charts. ======== Schwab Network ======== Empowering every investor and tr...

Ken Stillwell, COO and CFO of Pegasystems (PEGA) joins Trading 360 to discuss the latest earnings. He explains how PEGA helps automate and manage work for clients. The stock hit 4-year highs today and jumped over 10% on the earnings report. He highlights how they have grown their topline while also growing free cash flow. Ken also discusses competition and how PEGA is setting itself apart in the s...

Dale Smothers warns that November typically brings a lot of volatility in the market. He discusses how the trade war is working against the bullishness of AI spend. He sees a lot of upside in names like Apple (AAPL) and Microsoft (MSFT), which he is using as “core positions in growth-focused accounts.” He also suggests using covered calls on both these names. Other picks include AMZN, RCL, CRWV, a...

On the international picture, @CharlesSchwab's Michelle Gibley explains why U.S. investors should pay attention to the "Takaichi trade" in Japan, making the case that Japanese stocks can become more attractive long-term. When it comes to China, she says that a trade deal is "more likely than not" due to President Trump's recent rhetoric. Collin Martin focuses on the dom...

Tesla (TSLA) faced multiple roadblocks from the Trump administration when it comes to its EV business, but as Marley Kayden explains, that won't be the key focus in its after-hours report Wednesday. She points out that investors and analysts alike will keep their ears open for how the company sets up its future A.I.-fueled prospects. @ProsperTradingAcademy's Scott Bauer offers an example o...

Dan Morgan says IBM Corp. (IBM) doesn't flex the same muscles hyperscalers have when it comes to data center buildout, though he believes its software segment offers it another edge. He explains how investors will eye IBM's hybrid cloud and details on its Anthropic partnership in Wednesday's postmarket report. Dan also notes the company's quantum computing business as one that will...

Everyone is looking for a bubble to pop, but they’re missing the forest for the trees, argues David Wagner. He discusses how intangible assets have taken over the market, which creates “operating leverage as a core tenet,” yielding higher valuations. He discusses how the market is rewarding earnings beats this quarter, unlike last time, and what he expects for the rest of earnings season. ========...

Steve Chiavarone says big banks have allayed fears about regional banking issues and the market fundamentals are looking good. He’s targeting 7,800 for the SPX by the end of 2026, saying the “path of least resistance” is higher. He describes the conditions needed to meet his high targets, including Fed cuts continuing and inflation easing. Steve also thinks small caps are poised to break out. ====...

Kenny Polcari would “love to see” a 5%-8% correction to see what happens and to let investors get into the market at a lower price. As for earnings, he notes that 85% of companies that have reported beat on the top and bottom line, turning him bullish on the economy. His stock picks right now include Accenture (ACN), which he says is “on sale,” and Merck (MRK), which has “inelastic demand.” Others...

Diane King Hall turns to three stocks moving higher on their latest earnings. The biggest jump was seen in Intuitive Surgical (ISRG), rallying more than 15% thanks to rebounding demand in optional surgeries and its "da Vinci" system. Capital One (COF) cashed in on its Discover integration and share buyback. Diane also explains how A.I. and data centers powered a jump in GE Vernova (GEV)....

Gold's second day of selling off is something Kevin Hincks will watch closely on Wednesday's session. Even with weakness in metals, he believes earnings will show the economy is stronger than many investors fear. On the international front, Kevin notes India cutting its oil purchases from Russia in what he calls a larger trading tactic to end the war in Ukraine. ======== Schwab Network ===...

"Big Blue" reports earnings after Wednesday's close and Rick Ducat drops by to look at IBM (IBM) technical conditions ahead of the release. He compares IBM to other tech companies to compare its performance over the past year. Rick looks at the $281 level as an area of support and resistance, and Rick notes a breakdown in momentum over the past month. Later, Tom White composes an exa...

Cameron Dawson says U.S. equities continue in melt-up mode, as earnings are coming in better-than-expected. When discussing current valuations, she says the "conditions" not the "level" is what matters most. Cameron says valuations could "levitate to nose-bleed levels" if earnings continue to beat and markets continue to surge. However, she does caution investors on s...

Jeffrey Small says nobody "really cares about cars" right now when it comes to Tesla (TSLA). He's more focused on the A.I. aspects of its business and the guidance the company offers after its 3Q earnings report later today. Jeffrey does recognize the company's recent EV deliveries beat and says Elon needs to "stay focused" on the business. He says the "enormous po...

Stocks could see a breather after the Dow Jones ($DJI) hit a record, but Kevin Green says don't get too comfortable. He notes that while earnings have been strong, there are signs of a potential pullback, particularly in the S&P 500 (SPX), which is hitting resistance around 5750. KG points to weakness in the uranium, gold, and silver trades as potential headwinds, as well as uncertainty ar...