Schwab Network

The U.S. added 228,000 jobs in the private sector, per the latest employment report. Evan Sohn calls it a "surprise" as the retail, restaurant and healthcare sectors led hiring efforts. Federal job cuts weren't a surprise to Evan, though he "thought it would be a little more." Evan talks about when the federal cuts from DOGE will take shape and what the job market could loo...

Intel (INTC) initially soared after The Information reported it and TSMC (TSM) joined a tentative agreement to build their own chipmaking venture. Jenny Horne points to one overhang: Trump's tariffs. She and Oliver Renick talk about the possibility of the deal coming to light as the president seeks to build the American labor force. ======== Schwab Network ======== Empowering every investor an...

Volatility soared and trading sunk in the premarket hours when China announced 34% retaliatory tariffs on the U.S. Kevin Hincks considers this the sign of "peak pessimism" in the market. However, the latest private payrolls report showed strength. Additionally, Kevin points to crude oil's price crush as signs inflation can curb lower. ======== Schwab Network ======== Empowering every...

With Apple's (AAPL) broad global exposure to many countries facing higher tariffs like China, Vietnam and India, Rick Ducat and Tom White look at the technical patterns in the iPhone maker's stock price to see what support levels might be tested. Tom compiles an example options trade using a back ratio strategy. ======== Schwab Network ======== Empowering every investor and trader, every m...

In the face of continued trade uncertainty and tit-for-tat tariff responses, Nvidia (NVDA) shares have been hit hard. Ben Watson points to technical patterns in the short and long-term for the A.I. stalwart. Over the past year, Ben points to the downward trend in NVDA's 50-day SMA as share prices fade ahead of Friday's open. ======== Schwab Network ======== Empowering every investor and tr...

As markets are surrounded by selling pressures due to retaliatory tariff actions from China, Noah Yosif from the American Staffing Association discusses the latest labor market snapshot in the United States. The March employment report showed better-than-expected non-farm payroll jobs being added. In addition to this report, Noah looks at temporary & part-time employment trends as an indicator...

"We've gone from uncertainty to paralysis" in the markets, says Wayne Kaufman. He joins Diane King Hall at the NYSE to bring his long-term investing perspective to the tariff-related downturn underway. Compared to COVID selling, he says this may be more "self-inflicted" by the Trump Administration who's trying to do this at "lightning speed." ======== Schwab N...

Following Thursday's sell-off — the biggest one-day loss since 2020 — equity futures roil once again in response to China imposing retaliatory 34% tariffs on U.S. imports. As the VIX spikes above $40 and crude oil falls below $64 for the first time since 2021, Kevin Green assesses the damage. He says the downside support level for the S&P 500 (SPX) may fall to the $5,000 level, with a &quo...

Jenny Horne details the reported agreement between Intel (INTC) and TSMC (TSM) to start a new joint venture to take over control of INTC manufacturing facilities. The report originated from The Information and says TSMC will take a 20% stake in the JV. TSMC has previously announced plans to spend $100B in U.S. chip facilities over the next 5 years. ======== Schwab Network ======== Empowering every...

China's retaliatory 34% tariffs hike on U.S. imports has exacerbated equity selling and overall market pressure. Tom White examines the fallout from this week's tariff policy announcement from Pres. Donald Trump and how it impacts major stocks like Tesla (TSLA) and Apple (AAPL). ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market...

Markets had their worst day since 2020. The NDX plunged more than 5% while the SPX entered correction territory by tumbling close to 5%. President Trump's steeper-than-expected tariffs led to massive selling action in tech and the Mag 7. RH (RH) closed down 40% due to a triple whammy of lower earnings and guidance, topped by tariff uncertainty. One winner of the day: Intel (INTC), after The Inform...

Tariffs exceeded the 25% that OJ Renick hoped we'd stay under, but in terms of black-swan risks, we've seen much worse — and so recently, he argues. ======== 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.apple.com/us/app/schwab-network/id1460...

William Lee takes the contrarian route with tariffs after markets plunged in its worst session in five years. He offers a "rat poison" analogy and says markets are too focused on the tariffs themselves instead of their end goal. William says President Trump will eventually break down trade barriers and regulation, opening the door to new economic opportunity for the U.S. ======== Schwab...

As tariffs grip stocks, Charles Schwab's Nathan Peterson tells investors that bearish sentiment will linger the longer negotiations go on. Another wrench in the tariff conversation: some countries don't have tariff power to retaliate with. Mike Townsend talks about how smaller countries are limited in their negotiating power. ======== Schwab Network ======== Empowering every investor and t...

Matt Gertken thinks there will be a Russia/Ukraine peace deal this year. He thinks this is why European stocks are holding up despite the “trade war.” He discusses why Putin might be interested in a ceasefire, though he thinks any temporary truce is unstable. He also looks at the moves the E.U. and Germany are making to be more economically proactive. ======== Schwab Network ======== Empowering ev...

The SPX had its worst day since 2022 as investors dumped their holdings following President Trump's tariff announcement. Kevin Green urges investors to look at support levels as low as $5,000 in the event bears continue to claw into the index. As for volatility, Kevin highlights potential VIX trading strategies in its creep higher. ======== Schwab Network ======== Empowering every investor and...

Danny Kirsch returns to Market On Close and talks about all things volatility. With markets still reeling from Trump's tariffs, he sees investors derisking and standing by in "wait" mode until there's more clarity or cutbacks in tariffs. He doesn't see much upside investment potential as VIX lingers in the 20s range. However, Danny talks about trading volatility as investors...

Cullen Roche says that markets are losing sight of the fact that things were “already dicey” economically even before tariffs. He calls the next 12-18 months “pretty worrisome.” He doesn’t think consumers are “strong enough to bear the brunt” of this. He thinks Powell will be extra cautious going forward because it will be uncertain whether tariffs are a one-time price increase or inflationary. He...

Jeffrey Kleintop expects excluded categories like semiconductors and pharmaceuticals to have tariffs announced by April 9: “there’s more bad news to come, I’m afraid.” He expects “staged retaliations” from Europe but thinks there could be negotiations beforehand. He says one would usually expect the dollar to rise when tariffs are announced, but this isn’t happening this time because of concerns a...

Eric Clark and Greg Portell give their takeaways from RH’s (RH) earnings and outlook. Greg says that $100 billion in productivity will be destroyed in the U.S. by tariffs taking attention, and says RH is missing out on opportunities as its management is forced to deal with trade issues. Eric is waiting for “wash out signals” before he puts money to work in retail, expecting a farther fall from her...

Tim Urbanowicz believes President Trump's tariffs are a "starting point for negotiations" to remove trade barriers, but he's concerned as to "what's going to be enough" to make that happen. He's bracing for markets to slide another 5% to 10% as tariff disputes continue. One positive Tim points to is tech valuations coming down to more reasonable levels. That sai...

George Seay looks at other historical market plunges to call today a “big bag of nothing.” However, he expects it to get “a lot worse before it gets better,” so investors should be cautious when entering dips. He thinks the tariffs are a “tax increase” and possibly the first step toward a trade war. He's "intrigued" by China's stock market's strength and likes international e...

Mark Kohler gives tax advice two weeks ahead of the deadline. “Pay what you think you owe” and then file for an extension, he says, which “reduces your chances of an audit.” He gives tips for writeoffs on side hustles, including home offices. He also looks at taxes around crypto, emphasizing that “any transaction” has to be reported. ======== Schwab Network ======== Empowering every investor and t...

Alphabet (GOOGL) is trading near a year-low after slipping more than 25% from all-time highs just a couple months before. LikeFolio's Landon Swan says the Mag 7 giant has an A.I. optimization issue. He talks about the contradiction in its Gemini strategy and what Alphabet needs to fix it. However, Landon shows Likefolio's data to highlight its monstrous user base and cloud growth as tailwi...

“Companies have not guided for this next round” of tariffs, says Karen Short. She looks at retailers that are not as exposed to tariffs but says much is uncertain because of the lack of guidance. She says retailers may ask vendors for relief, absorb the higher costs, or try to pass them on. “It’s very hard to manage a business this way,” she emphasizes. ======== Schwab Network ======== Empowering...