Schwab Network

Markets faced pressure in the middle of the trading session, though stocks managed to jump off the morning lows and close higher on the day. Kevin Green warns that downside risk is still possible with two open gaps in the SPX that could see a retest. A bullish indicator favoring SPX upside is the tech to utilities ratio, as Kevin explains the potential for tech to rally further. ======== Schwab Ne...

Illinois' new "sin tax" on sports betting may be a short-term pain for companies like DraftKings (DKNG) and FanDuel, but Morningstar's Dan Wasiolek says it's a manageable hit to margins. He expects the sports betting space to continue growing, even if new jurisdictions don't come online as quickly as expected. He points to a $30 billion revenue estimate for U.S. sports betting by 2030 and sees gro...

The April JOLTS data shows a mixed bag for the labor market, with more job openings than expected, but also a decline in quits and an uptick in layoffs. Jake Clopton and Jordan Rizzuto break down the numbers. They discuss the potential for a "soft landing" in the economy. They also share their thoughts on what to expect for the rest of the year and how it may impact the S&P 500. ====...

The amount of energy Meta Platforms (META) will buy from Constellation Energy (CEG) in its new deal can power a million homes, says Travis Miller. While the deal is huge when it comes to power production, Travis says there's too many unknowns in how huge it will be for either company's top line. That uncertainty reflected in Constellation's stock price today. Travis explains his bearis...

Kevin Horner says the S&P 500's (SPX) push towards 6000 is a "nice setup" for a potential higher close. He notes that the index has held above its 20-day moving average since April 22. On the individual stock front, Kevin is also watching significant moves in Astera Labs (ALAB) and Nebius (NBIS). ======== Schwab Network ======== Empowering every investor and trader, every market...

Melissa Armo expects a "wild" June in the markets. She shares hesitation on going long in the current environment, pointing to a lack of liquidity from big buyers as a bearish signal. Melissa adds that there's a conundrum in the FOMC, arguing that the Fed may not cut interest rates at all this year while tariffs create more of a burden on the American consumer. On stock picks, Meliss...

Ivana Delevska expects a slight beat in Crowdstrike's (CRWD) earnings, but she sees guidance as the most important metric. She argues that lots of upside is already priced into the stock and will need exemplary numbers to rally in an "overstretched" sector. Ken Mahoney adds that a raise will be needed to hold momentum in Crowdstrike's all-time high run. He believes the Delta Airl...

Dollar General (DG) shares surged more than 10% after beating earnings estimates, fueled by a strong consumer and solid job market. Jan Rogers Kniffen says DG's success is a sign of a resilient lower-end consumer. With wage growth outpacing inflation and low unemployment, Kniffen expects other discount retailers like Dollar Tree (DLTR) and Five Below (FIVE) to follow suit. However, he does exp...

David Finkelstein says the greatest strength in the economy is in the technology sector, driven by A.I. innovation and productivity enhancements. However, he sees the biggest risks on the fiscal side, citing the country's unsustainable level of debt and interest burden. Finkelstein believes tariffs will average in the low double digits, down from 18% previously, and expects the market to becom...

Nvidia's (NVDA) earnings showed conviction for broader A.I. adoption, according to Jessica Inskip. One headwind she's watching: China, and how tariffs can generate roadblocks for Nvidia's growth. Jessica also notes Kinder Morgan (KMI) as a stable trade amid volatility, and Verizon (VZ) as a solid yield play. Rick Ducat gives investors insight into the chart trends supporting Jessica&#3...

“Cracks are starting to reveal themselves” as the trade war drags on, warns Mitchell Barnes. He looks at the latest JOLTS report, which he calls “rather good” on the job openings end. Previewing Friday’s jobs report, he says that this will show us the biggest impact of trade policy so far. He notes that layoffs are slowly rising, and it could weaken the labor market more than we think. ======== Sc...

Crowdstrike (CRWD) more than doubled its stock price since hitting a 52-week low last July. The company hit those lows following software outages across the U.S. Sam Vadas goes in-depth on the massive rebound rally Crowdstrike has seen and weighs whether the cybersecurity firm can continue its outperformance. Tim Biggam isn't holding his breath for a rally when looking at the technicals. He of...

Dollar General (DG) investors were happy to see a double-digit rally in shares after earnings. Arun Sundaram doesn't see those gains lasting. He points out the company's underperformance over recent years and a lack of in-store traffic growth as bearish signs for Dollar General. Ahead of Dollar Tree's (DLTR) earnings Wednesday, Arun notes the company's tariff exposure as a risk but...

Kevin Green says only a quarter of stocks in the SPX opened in the green once the opening bell rang. The path to 6,000 will face headwinds, including a major resistance level at 5,940. However, Kevin points to silver's rally and outperformance to gold as a sign bulls are trying to retake market momentum. He later talks about trends in crude oil and the U.S. dollar. ======== Schwab Network ====...

Signet Jewelers (SIG) rallied 10% after posting an earnings beat. Diane King Hall talks about the numbers catching investor interest and discusses ways the company is battling tariff uncertainty. Pinterest (PINS) saw some gains after the social media company got an upgrade from JPMorgan. Block (XYZ) got its own upgrade from Evercore ISI. ======== Schwab Network ======== Empowering every investor a...

Jeffrey Kleintop thinks the OECD is “not finished cutting” its growth expectations for this year. He gives some ideas around timelines for trade deals, noting that the way the Trump administration and China look at trade are very different, which will likely drag negotiations out even further. He’s watching shipping data and waiting for China shipments to the U.S. to rise again. “It’s very expensi...

The A.I. power play is still alive. Meta Platforms (META) inked a 20-year deal with Constellation Energy (CEG) to buy power from its Illinois facility starting in June 2027. Jenny Horne turns to the path ahead for Constellation and similar companies with electricity demand intact. Jenny later turns to the discount store trade after Dollar General (DG) posted an earnings beat and raise. ======== Sc...

The OECD lowered the U.S. growth outlook to 1.6% from 2.2%, a figure Kevin Hincks considers low. Reporting from the Cboe Global Markets, Kevin explains why he sees the markets grinding higher into the summer. He warns investors to watch for economic data that can shake up the course to all-time highs. Kevin also talks about why China needs a trade deal "a lot more" than the U.S. ========...

Rick Ducat breaks down the chart of CrowdStrike (CRWD) as shares reach a new all-time high ahead of its 1Q earnings report. He highlights the strong V-shaped recovery, and the strong momentum fueling this cybersecurity stock's move. Rick later composes an example options strategy using a neutral-to-bullish put vertical trade. ======== Schwab Network ======== Empowering every investor and trader, e...

Diane King Hall is joined at the NYSE set by Wayne Kaufman to discuss the current market landscape. Despite the choppy start to the month and ongoing trade tensions, Wayne remains bullish. He points to strong earnings growth as a key indicator. Wayne believes any weakness in June should be used to position ahead of 2Q earnings. He later talks about two stocks on his watchlist: Spotify (SPOT) and S...

Richard Flynn discusses mixed sentiment towards U.S. markets from the U.K. perspective. Richard cites the weaker dollar and outperformance of international markets as investors reassess value of U.S. stocks. For the dollar, he doesn't see it as a harbinger of doom for the U.S. economy, but rather a sign of currency volatility. Lastly, Richard provides his perspective on the OECD's cut to i...

Stocks are having a quiet start to the month of June, but tariff concerns continue to weigh on the economic outlook as the OECD cuts its U.S. growth forecast from 2.2% to 1.6%. Kevin Green explains why there is a divergence in 'hard vs soft' data, weakness in the U.S. dollar and key technical levels to watch in Tuesday's trading session. ======== Schwab Network ======== Empowering ever...

Shares of Pinterest (PINS) are rallying after an upgrade from JPMorgan. Ben Watson looks at the the chart, which has seen a consistent recent uptrend, but has seen its long-term chart move sideways. ======== 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...

Meta Platforms (META) becomes the latest tech giant to go nuclear in a deal with Constellation Energy (CEG), Dollar General (DG) shakes off tariff concerns, and Signet Jewelers (SIG) posts strong earnings. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - ht...

The artificial intelligence trade has found renewed life. At the center of it all is Nvidia (NVDA). Rebecca Walser, Daniel Newman and Dan Ives provide their insights into A.I. and Jensen Huang's strong commentary after the chipmaker's latest earnings report. Diane King Hall and Nicole Petallides moderate the tech-focused conversation around all things A.I. and Nvidia. ======== Schwab Netwo...