Schwab Network

David Aspell sees investors struggling to find real diversification as the top ten S&P 500 (SPX) names now make up 38% of the index and fixed income no longer offsets stocks the way it used to. He favors the KMLM ETF, a systematic trend-following strategy trading commodities, currencies, and bonds both long and short, which is up around 20% this year with a low negative correlation to equities...

Kip Compton, CEO of Fastly (FSLY), highlights how the company attained 20% year-over-year growth as AI adoption accelerates, with over half of network traffic now machine driven. He outlines new AI firewall and bot protection products that help customers manage threats at the edge. Compton explains how edge computing delivers lower latency and higher bandwidth than centralized clouds like Amazon (...

Cisco (CSCO) remains in the heart of the AI trade due to its networking capabilities, says Kim Forrest. The data center buildout and the need for data access are two sides of the same coin Kim believes Cisco can cash in on. The networking giant still faces one key question: how effectively can the legacy tech firm capitalize on AI's rapid evolution? ======== Schwab Network ======== Empowering...

Seth Schachner calls the regulatory settlement clearing the Warner Bros. Discovery (WBD) and Paramount Skydance (PSKY) merger a "nothing burger," with no assets sold and headquarters kept in California. He says the focus now shifts to managing $79 billion in debt and $6 billion in cost cuts while combining two massive studios without disrupting the creative side. Schachner sees the merge...

LikeFolio's Landon Swan sees his firm's consumer sentiment data pointing to a solid Darden Restaurants (DRI) earnings report. He says a 22% increase in year-over-year demand is driven by Olive Garden holding the line on pricing and Longhorn Steakhouse outperforming on strong beef and protein trends. He explains casual dining is in a sweet spot as consumers trade up from fast food like McDo...

Mischa Fisher sees mortgage rates climbing into the low sevens and expects existing home sales to turn negative in the fourth quarter. He argues the Fed's hike could eventually help by restoring confidence that inflation is under control. Jeff Ostrowski says affordability remains the biggest obstacle for first time buyers, but Americans still view homeownership as the American dream deferred r...

Ben Topor, who recently published "Decoding the Software Landscape," discusses ways AI is disrupting the digital industries. He says it's hard for larger companies like Salesforce (CRM) to adjust in the evolving landscape due to the volume of customers they have. As Ben explains, there's also the consideration of how much revenue is at stake for companies adjusting to AI. =======...

TheoTrade's Don Kaufman has his eye on the macro front Wednesday as crude oil moves and President Trump and China President Xi Jinping prepare to meet. He highlights a bearish opportunity he sees in FedEx (FDX) after the stock made a double top pattern, along with bullish opportunities in Home Depot (HD) is it trades near year-lows, and Qualcomm (QCOM) due to its steady climb in price action....

Ed Siddell sees the energy price spike as a short term refinement problem rather than a production shortage, with the national gas average needing to hit $7 before recession risk becomes real. He expects a 90 to 120 day lag before pump prices moderate, and believes the Fed's rate hike was a hedge against temporary inflation pressure. Siddell still expects markets to finish the year strong, bol...

Ted Thatcher sees On Holding's (ONON) Investor Day as a strong turnaround signal, highlighted by a billion dollar buyback and margin expansion from 12% to over 22% projected by 2029. He likes the premium brand's direct consumer relationships and athlete partnerships with Mbappe and Federer, though he flags consumer discretionary headwinds. Tom White then demonstrates an example trade. ====...

Stifel's upgrade on Microsoft (MSFT) to buy from hold initially sent shares of the Mag 7 giant higher before macro pressures pinned equities on Wednesday's session. Alex Coffey discusses the key points from the analyst note, from views on company margins to how it will leverage AI. Prosper Trading Academy's Charles Moon takes investors through an example options trade for Microsoft. ==...

Peter Tchir doesn't expect a lot to come out of the summit between President Trump and China President Xi Jinping. Pay attention to summit headlines regarding AI, with Peter emphasizing Alibaba's (BABA) innovation as a sign China is attempting to get tech leverage over the U.S. He adds that China is "very happy" to let the U.S.-Iran war continue because it "hurts us" mo...

The 10-year Treasury yield "is going up for the right reason," says Nathan Peterson of Charles Schwab. He explains how reaction to the latest PMI composite sent the 10-year to levels not seen since July 2007. In equities, Nate says "tech is back" but at the expense of market breadth. It's a double-edged sword after Nvidia (NVDA), AMD Inc. (AMD), and Broadcom (AVGO) earnings...

Bottlenecks in the supply chain indicated by a spike in PMI sent 10-year Treasury yields spiking back above 5% to levels not seen since 2007. Kevin Green talks about why the print is so significant and analyzes the reaction in equities and fixed income. He turns to the state of the housing market through MBA mortgage application data and "nibbling" he sees in housing-related stocks like...

Diane King Hall kicks off First Moves with a look at the earnings front, taking investors through the restaurant's earnings beat and 2027 guidance. KB Home (KBH) continues to see earnings pain due to persistent headwinds facing the housing market. In the travel industry, Diane talks about Royal Caribbean (RCL) taking a 50% stake in Sandals Resorts. ======== Schwab Network ======== Empowering e...

Dolly and Jenny Lenz see mortgage rates above 7% as a psychological barrier but still advise buying, since tight inventory keeps pushing median home prices higher. They note Berkshire Hathaway (BRK/B) calling a bottom in homebuilders by adding to its Lennar (LEN) stake, while AI streamlines back office work but won't replace luxury brokers. ======== Schwab Network ======== Empowering every inv...

Jason Bodner says indexes are looking great with the Nasdaq-100 (NDX) hitting all-time highs and the S&P 500 (SPX) not far behind. However, when you look under the surface, Jason points out that many stocks are seeing a bear market. He takes investors through his data to show how a small selection of stocks are behind the index strength. However, Jason points to October 6th as a tentative bott...

The summit between President Trump and China President Xi Jinping will be "critical," says Kevin Hincks. Some things to keep an eye on during Jinping's visit include discussions on AI, rare earths, and curbing tensions with Iran. Kevin also explains what President Trump's tentative U.S. diesel export ban means for the economy as diesel prices remain near all-time highs. He turns...

OnSemi (ON) is a winner in the analog AI chip space, says Rick Ducat, even as the stock moves in a bearish pattern. However, he points out ways shares are setting the stage for a bullish crossover. Rick also offers an example options trade for OnSemi. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investor...

AI is a "double-edged sword" with its ability to boost the U.S. economy, though requires a previously unrealized need for power, says Kaitlyn Albertoli. She talks about the rise of data centers and souring sentiment around them, along with the Climate Week discussions surrounding the topic this week. Kaitlyn believes all options need to be weighed when it comes to how AI is powered as th...

Ben Fulton is worried that valuations are ballooning too much in the AI space. However, crude coming back below $100 is a sign markets are rebalancing to macro woes. He outlines how AI and crude work against each other in gaining control of market momentum and corners of Wall Street he sees as good investments amid the uncertainty, including fixed income. ======== Schwab Network ======== Empowerin...

A mixed earnings report isn't enough to tune up technical weakness in AutoZone (AZO) shares, as Patrick Ciummo of Charles Schwab points out. He takes investors through various trading metrics in AutoZone's chart to outline why bears continue to claw into the stock's momentum. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Marke...

Conflict near the Strait of Hormuz is keeping crude oil at $90 ahead of Wednesday's trading session, but as Kevin Green points out, the VIX is just above year-lows. He talks about the disconnect he sees between the two and the bullish backdrop it creates for markets, so long as recent market strength broadens. As Meta Platforms (META) holds its recent Muse AI-led rally, KG discusses a report t...

SanDisk (SNDK) surged as one of the S&P 500's (SPX) top performers thanks in part from a new bull initiating coverage. JPMorgan Chase (JPM) sold off as investors remain cautious on the Fed's interest rate hike. Royal Caribbean (RCL) hit a 52-week low. Marley Kayden has more on the Tuesday's top stories of the trading session.

Anthropic isn't the only company to delay a highly anticipated IPO. Sam Vadas talks about why SB Energy pushed back its public trading debut. Marley Kayden has her attention on the entertainment space by highlighting the latest development in a merger between Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD).