Schwab Network

Charles Schwab's Cooper Howard says a backward-looking data print took a backseat on the trading session. He believes the uncertainty of tariffs are too big a risk for investors to step in. Additionally, he says the Fed will remain nimble in achieving its dual mandate, while CEOs and business leaders look at months down the line when it comes to their workforces. ======== Schwab Network ======...

Phil Streible brings his weekly review of commodity moves. Bitcoin futures have moved higher despite the global equity sell-off – Phil calls it “really interesting” at these levels but says it would be “difficult to allocate” towards it with this downturn. He sees a “triple bottom” pattern on silver that its being “retested” now, while he thinks copper futures are “way overextended” to the downsid...

The SPX took another beating Friday as tariff uncertainty continues to grip markets. However, Kevin Green points to bulls attempting an upside run that can set a bear trap for the weekend. Additionally, he points to a "third wave" in the SPX Equal Weight that aligns with the Elliott Wave theory. Kevin also notes a blow out in VIX options that's keeping retail traders at bay. ========...

Michael Purves puts this week’s sell-off into perspective: “you’re due for some level of consolidation and adjustment” after the strong run of the last two years. “There’s a lot of mental adjustment people have to do,” after these tariff announcements, he adds, and doesn’t expect a bull run to pick up for a “long time.” ======== Schwab Network ======== Empowering every investor and trader, every m...

Kevin Kelly of DailyDelta returns to Market On Close to talk about how his firm uses inverse ETFs as markets sell off. He talks about how to use 0dte trading in your portfolio. Kevin uses upside potential in Nvidia (NVDA) and Apple (AAPL) as a way to demonstrate the trade. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsle...

Kevin Green says clarity in Tesla's (TSLA) product roadmap will help the stock rev higher. That said, the company faces tariff headwinds as it gets 22% of its revenue from China. As Kevin points out, tariffs will add pricing pressure to batteries and electronics, a growing business for the Mag 7 giant. He talks about Tesla's technical trends heading into macro uncertainties. ======== Schwa...

Likefolio’s Megan Brantley looks at sentiment data on Best Buy (BBY) and its significant tariff exposure to China. “As it stands, if no changes are made,” they expect price increases as soon as 2Q, which will hit an already stretched consumer. She’s seeing a pullback in big-ticket purchases, which could hit BBY. ======== Schwab Network ======== Empowering every investor and trader, every market da...

Jessica Kriegel discusses the “overlooked” March jobs report from this morning. She emphasizes that this shows the power of narrative over good data: despite the better-than-expected number, the market is still consumed by tariff news. She urges business leaders to “surrender to reality” and not leap into action without a strategy. ======== Schwab Network ======== Empowering every investor and tra...

Crude oil has fallen to a near-4-year low. Andy Lipow says that between tariffs and OPEC+ bringing more supply onto the market, prices will likely be lower for a while. He says oil-rich economies are at risk in the Middle East and Africa because of the plunging prices. He considers opportunities in alternative energy sources. ======== Schwab Network ======== Empowering every investor and trader, e...

Melissa Armo says she was anticipating the current market sell-off since the start of February. She believes the current environment offers more opportunities for investors to short the market. Despite investors pricing in multiple rate cuts from the Fed this year, Melissa sees the possibility of zero. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscri...

“I’d be careful selling here,” says Lance Roberts, arguing that because tariffs were worse than expected, any sign of relief could bring the markets back higher. He walks through several charts for the market, using technical analysis to assess the S&P 500 and where it could move next. “If tariffs stay where they are, we’re likely to be in a recession by the end of the year.” ======== Schwab N...

Today's private payroll numbers show strength in the employment picture. However, that can change depending on how tariffs impact the economy, according to Todd Walsh. He expects hiring data to move pending on the tariff threat to economic slowdown. Amy Glaser says employers are entering a "wait and see" phase until there's more clarity on Trump's policies. Until then, Amy ex...

Crypto investors and equity investors alike are reacting to the latest tariff hikes from the Trump administration. Caroline Woods and Nate Peterson discuss the state of Bitcoin (/BTC) in the wake of strong selling pressures in the overall market. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwor...

Matt Montefusco talks basketball sports betting, seeing a 15% increase over last year for this year’s NCAA Basketball Tournaments. However, he notes that sports betting companies haven’t had the best year, profit-wise, since they make money off winning their side of the bets. He still likes the sports sector best overall in the gambling arena. Zach Warring is turning “a little more positive” on Dr...

Aquiles Larrea turns to three companies he believes will withstand the storm of tariffs and swelling volatility. He talks about the upside potential he sees in Consolidated Edison (ED), Humana (HUM), and American Water Works (AWK). Rick Ducat dives into the charts to show the bearish and bullish trends in all three names. ======== Schwab Network ======== Empowering every investor and trader, every...

Kevin Hincks keeps a bullish tone in two big-tech stocks under pressure: Amazon (AMZN) and Microsoft (MSFT). Using a call diagonal strategy, Kevin organizes an example trade in each Mag 7 name that aims to capitalize on any upside potential. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before...

Joy Yang describes why this period of market volatility and selling is different from others. “We’re in a very risky state right now,” she says, but adds that markets will ultimately go up. “It’s important to stay invested.” She looks for opportunities domestically, including defense stocks. She also talks gold prices as the metal continues to make highs. ======== Schwab Network ======== Empowerin...

Dan Ives believes there will be an "economic Armageddon" coming with President Trump's tariffs. "It could take the tech industry back a decade," he warns. Dan considers technology the "heart and lungs" of the supply chain that will only degrade with a trade war that's "already here." The big culprit he points to is excessive uncertainty could last lo...

Fed Chair Jerome Powell will speak this morning as markets crash and tariff fears grip the U.S. Kevin Green argues that Trump's tariff policy should "play out," while George Tsilis argues the administration needs more support to monitor economic policy. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter -...

Nvidia (NVDA) gets 40% of its business from Asia, Tesla (TSLA) gets 22% of its revenue from China, and Apple (AAPL) added exposure to international markets. Jenny Horne talks about the potential for tariffs to etch more weakness into the stock market's leaders. Rick Ducat turns to the technical trends in the charts. ======== Schwab Network ======== Empowering every investor and trader, every m...

Julian McManus is finding opportunities in the U.S. sell-off and abroad, noting that his fund balances around 50% U.S. with 50% international. He thinks the “Trump Trade” of 4Q was a “mistake,” stretching valuations in the U.S. market. He contrasts the disruptions now to disruptions during Covid and says the question is how we navigate forwards. He thinks we’ll see more investment by foreign compa...

"It's not over yet" when it comes to volatility and downside market action, says George Tsilis. He argues a policy shift from the Trump administration or the Fed will be needed for relief to take shape. He later turns to TD Cowen's price target cut on Meta Platforms (META) and talks about the company's ability to navigate tariffs. Dan Deming later offers an example options tr...

Andrew Sobko offers a closer look into the supply chain impacts caused by President Trump's tariffs. The sharp decline on warehousing in Asian markets is something he expects to occur in the states, which will later hit Americans' wallets. Andrew says the Trump administration needs to inject stimulus into the U.S. economy for the average consumer to weather the storm. ======== Schwab Netwo...

"Anything's possible to the upside," says Kevin Green, but he adds that the path of least resistance is down. A news-driven market has gripped trading over fundamentals, as Kevin points to Jerome Powell and the EU as two more potential catalysts today. On the SPX, he shows the index's move toward the flat line year-over-year. Sticky volatility is another trend Kevin expects is po...

Diane King Hall turns to two very different companies moving this morning in similar ways. TD Cowen slashed its price target on United Airlines (UAL) to $73 from $150 over concerns around Americans' pricing power. Lululemon (LULU) got a price target cut by Baird for similar reasons. Diane discusses what makes these stories alike and the outlook ahead for consumers. ======== Schwab Network ====...