Schwab Network

Ian Wyatt and John Blank focus on the Fed and lay out their expectations for rate cuts. Without high oil prices, Ian sees 2-3 cuts, but could easily see zero cuts if they do stay high. “This Fed really responds to the labor market,” Ian notes. John emphasizes that the Iranians are “controlling the risk premium” for oil, and they likely want prices to stay high for leverage. John thinks the Fed is...

Nancy Tengler, CEO & CIO of Laffer Tengler, was "expecting a lot of chop" in 2026 but sees markets are moving in the right direction. Her firm recently added positions to Palantir (PLTR), Microsoft (MSFT), and GE Vernova (GEV) among other software and AI-tied stocks beaten down in the SaaS-pocalypse. "We will need software," says Nancy, pointing to Microsoft in particular a...

Christopher Zook sees crude oil and general market disruption clearing in the next couple of weeks. He tells investors to "look past the noise" and focus on the greater economic picture that he sees improving in the coming months. On energy, Christopher walks investors through the process his firm takes in analyzing crude oil and other energy trends to turn a profit. He then turns to pri...

Kevin Horner’s Technical Tuesday charts cover the S&P 500 (SPX), Applied Optoelectronics (AAOI), and Seagate (STX). On the SPX, he points to the 6,540 ledge as a recent test area to the downside and discusses where the index could move next. AAOI has had a “fantastic year” and is up another 20% today on good volume. Turning to STX, he discusses support and resistance areas to keep an eye on. =...

Brad Hunter covers the housing market with an eye towards Gen Z buyers. “It has become extremely difficult for the younger generation,” he says, but adds that Gen Z still sees homebuying as an important life step. Older generations are pitching in – he cites more than $10 billion in help overall last year for buying real estate. The build-to-rent single family homes are increasingly becoming a sol...

LikeFolio’s Andy Swan reviews the “tough” situation Chewy (CHWY) is in. “Things really peaked early last year,” he notes. Chewy’s growth from here “has to come from somewhere else” beyond direct shipping to customers, so that’s what he’s watching for in the earnings call. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suit...

People are looking for "cracks in the wall" when it comes to the tech trade, says Dave Nicholson. He believes investors are in a "show me the money" phase but remains positive on ROI outlook. However, he warns of "canaries in the coal mine" to watch. Nitin Sacheti adds to concerns around the AI trade from a valuation perspective but agrees with Dave when it comes to R...

Cybersecurity stocks will be the real AI winners, argues Dr. Chris Pierson. CrowdStrike (CRWD), Palo Alto Networks (PANW), Fortinet (FTNT) and related companies are ones Chris believes will be needed to fend off growing cybersecurity risks while using AI to do it. The "big winners" will be companies Chris believes can use their technology through "platformization." ======== Sch...

Joe Tigay takes on Big Tech for today's Big 3 in the midst of what he calls a "very tradeable environment." He starts with Palantir (PLTR) and long-term ties to U.S. defense offering signals of strength beyond the U.S.-Iran War. Tesla's (TSLA) ties to the physical AI trade and SpaceX give Joe confidence in a long-term position, as does Nvidia's (NVDA) earnings growth despite...

Paul Schatz expected a bigger market pullback yesterday to put a bottom in, and since we didn’t see it, thinks we still need one “final whoosh” lower with more fear in the market. The downturn has lasted longer than he expected, but he still expects new all-time highs by July 4. “You cannot invest based on geopolitics,” he stresses, “it doesn’t work.” Instead, he explains how he’s managing portfol...

Nate Peterson and Michelle Gibley of Charles Schwab break down the big picture as U.S.-Iran headlines continue to drive market action. Nate looks at the technicals on the S&P 500 and its equal-weight counterpart and how their movements have diverged. Michelle covers the latest economic data and global energy crisis concerns. They then turn to private credit risks as Apollo Global (APO) limits...

David Doyle sees potential signs of stagflation in the PMI report this morning and thinks Powell is keeping his options open on Fed moves. He explains how he’s modeling the economy and what he’s watching for. He thinks consumers “should be able to manage” unless gas prices climb to $6-$7/gallon. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to t...

The PMI composite flash came in weaker than expected, with Kevin Green attributing the report to higher prices and less demand. He explains why the number is troubling when it comes to economic growth. Focusing on the energy picture, KG touches on the latest geopolitical headlines and a Valero Energy (VLO) refinery fire adding more headwinds to a pressured sector. ======== Schwab Network ========...

Farooq Kathwari, CEO of Ethan Allen Interior (ETD), joins to discuss the “challenging” environment and how the company is navigating it. By focusing business and manufacturing mostly in North America, they are avoiding geopolitical conflict. Delivering directly to clients has allowed them to build a robust logistics network, and client relationships have retained loyalty. Farooq also previews what...

Apollo Global Management (APO) is limiting investor withdrawals from private credit to 5%, per an SEC filing. This headline also hit alongside a Moody's downgrade of KKR's (KKR) future standard-run private credit fund to junk. Diane King Hall explains how this adds to an already foggy picture for the future of private credit. She then turns to a bright spot for the AI trade: BofA reinstati...

Kevin Gordon covers the relationship between the jobs report and the Iran conflict in influencing the U.S. economy. He looks at short-term impacts and what would realize long-term impacts. Turning to the Fed, he discusses their projected rate cut path for 2026. He explains why gold is falling despite the Iran conflict, arguing that it might be trades unwinding after major gains. “Everything points...

Both crude oil and natural gas will rally, just on different time tables, says Rob Thummel. He says the market is focused on crude oil right now but will turn its focus to natural gas months down the road. Rob adds that energy stocks have more room to rally even after the sector's outperformance so far in 2026. ======== Schwab Network ======== Empowering every investor and trader, every market...

KB Home (KBH) earnings will offer the latest look into a housing market facing long-term headwinds and economic pressures. Tom White turns to what he considers a bearish technical picture for the stock when examining the stock chart. That said, he offers a bullish example options trade for KB Home. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe t...

"As quickly as oil prices shot up is as quickly as they can move down," argues Kevin Mahn when turning to Monday's price action on Wall Street. When it comes to Tuesday and beyond, he talks about how the volatility will impact Americans at the gas pump and the Fed's interest rate expectations. Kevin later offers stock picks tied to the AI trade in Micron (MU), Eaton (ETN), and Ve...

Supermicro (SMCI) is back at November 2024 prices after three employees smuggled U.S. tech worth $2.5 billion to China. Ben Watson with Charles Schwab explains how the headlines hammered the stock to notable levels while showcasing support and resistance trends in short and long-term price action. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to...

Monday's trading action offered a sigh of relief for markets, though Kevin Green believes headlines on the U.S.-Iran War will ultimately move price momentum ahead. He outlines key levels to watch in crude oil as the first signs of supply disruption hit global trade. On metals, KG explains what's driving volatility in gold and ways the war impact global gold stockpiles and currency fluctuat...

Marley Kayden and Sam Vadas highlight notable laggards on what appeared as a market-wide rally for Monday's session. AI memory chips like Micron (MU) and SanDisk (SNDK) were among the biggest names left out of the rally, along with gold in the commodity space. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - ht...

Ed Ryan, CEO of Descartes (DSGX), introduces viewers to the Global Logistics Network, which offers the “largest database of tariffs and duties in the world.” He explains how the Iran war has impacted global logistics and how Descartes simplifies information to stop suppliers from “freezing.” They’re seeing more demand for their systems with the geopolitical turmoil. Ed covers their latest quarterl...

Natural gas is going nowhere, says Joe Rinaldi. He makes that case the NATO allies will continue to favor the commodity as the U.S.-Iran War continues and sees many companies in the space well-positioned against volatility. Kinder Morgan (KMI) and Cheniere Energy (LNG) are among his top picks. When it comes to nuclear power, Joe likes Oklo Inc. (OKLO), Constellation Energy (CEG), and BWX Technolog...

Oil prices remain the key driver of market sentiment, keeping investors reactive as intraday volatility complicates long‑term positioning. Zachary Hill explains why the U.S.’s status as a net energy exporter offers a relative buffer versus Europe and Asia, while attention turns to second‑order effects like supply‑chain diversification and selectively attractive international valuations. ======== S...