Schwab Network

Caterpillar (CAT) posted mixed earnings that initially sparked a 4-5% sell-off in the stock before it briefly tapped into positive territory. CFRA's Jonathan Sakraida has a hold rating on the company due to an unclear macro picture despite noting A.I. power generation as a plus. He says a lot of bullish sentiment leans on Caterpillar's recovery story into 2026. Tom White offers example opt...

Marley Kayden takes investors through the morning's biggest movers, which included Hims & Hers (HIMS) sliding more than 10% after its earnings. Its revenue miss led to the selling action despite the company expanding its footprint overseas. Meanwhile, Pfizer (PFE) rallied after it beat and raised EPS guidance for 2025. Marley explains how Microsoft (MSFT) and Meta Platforms (META) played a...

Kevin Green says trends continue to lean bullish when it comes to the SPX, with 60% of stocks opening in the green. However, any reversal of recent action can put that trend at risk. On the chip trade, Kevin highlights the 3-year trend and highlights the key role AMD Inc. (AMD) will play in the group's all-time high push. He also notes utilities like Constellation Energy (CEG) outperforming te...

Michelle Gibley discusses the possibility of Trump raising tariffs on India over Russian oil. New reciprocal duties implement on Thursday, August 7, and Michelle thinks there could be more deals coming. She notes that we haven’t felt the impact of tariffs yet while the “effective rate” is still rising – and U.S. importers are the ones paying, not international merchants. She doesn’t expect a deal...

Even with sky-high expectations, Palantir (PLTR) continued to rally higher after soaring past Wall Street earnings estimates. Jenny Horne also notes commentary from CEO Alex Karp, who called the beat and raise "extraordinary" for the company. She later mentions TSMC (TSM) and reports of two former employees leaking the company's trade secrets. ======== Schwab Network ======== Empower...

Futures were mostly positive as a rebound from Friday's sell-off appeared to continue into the opening bell. Kevin Hincks reports from the Cboe Global Markets to talk about the big drivers affecting trading action this morning, including moves from Palantir (PLTR) and Caterpillar (CAT). He also mentions President Trump's comments on why he isn't eyeing Scott Bessent for the Fed. Intern...

Tom White drops by to discuss semiconductor name AMD Inc. (AMD) ahead of its latest earnings report. As shares of AMD hit new 52-week highs, Tom looks at the chart to show its rebound from April 2025 lows. For an example trade, Tom illustrates a combo trade using a put vertical and call calendar to create a neutral to bullish options strategy. ======== Schwab Network ======== Empowering every inve...

Randy Carver heads to the NYSE set to provide his take on the U.S. economy. With July's jobs report and prior month revisions now in the rear view mirror, he wouldn't be surprised if the Fed cut 50 basis points in its next meeting. Randy discusses the impact of tariffs, saying its just "one part of the equation" and doesn't believe it will have a meaningful impact. Later, he...

Stocks are off to a strong start this week as investors shake off Friday's volatility. Kevin Green notes that Monday's action was technical in nature, with the S&P 500 (SPX) recapturing its 20-day moving average. Later, KG highlights Palantir (PLTR) earnings and its strong earnings beat as the company topped $1B in quarterly revenue for the first time. Meanwhile, Pfizer (PFE) also topp...

Karl Brauer joins Diane King Hall to discuss Rivian (RIVN) ahead of earnings. He dives into the reasons why EV sales are struggling in the U.S. and what it means for companies like Rivian, Tesla (TSLA), Lucid (LCID) and traditional automakers. Karl touches on the loss of the EV tax credit and how it weighs on pricing for EV companies. He says multi-car households, climate regions and functionality...

Caterpillar (CAT) reported a revenue beat in its 2Q earnings figures, but fell shy of EPS top line expectations. Ben Watson examines the chart patterns formulating after the report. He uses the MACD study on a 5-day, 5-minute timeframe that shows near-term support around $421 and a slight reversal from initial weakness. On a 1-year timeframe, he points to the correlation to Copper futures (/HG) as...

Markets rallied Monday in a reversal of Friday's selling pressure. After the close, Palantir (PLTR) earnings exploded above expectations and shares screamed higher. Earlier in the session, news broke of Tesla's (TSLA) new pay package details for Elon Musk. And, Wayfair (W) rallied to new 52-week highs after its report. Marley Kayden breaks down Monday's top moving stocks. ======== Schw...

The EU has suspended its planned countermeasures on U.S. tariffs, while India faces the threat of potential tariff hikes on U.S. goods. Michael McAdoo discusses the implications of these developments for businesses. He notes that while there's more certainty around tariff rates, operational details remain unclear, and companies need to be prepared for further changes. He emphasizes the importa...

Tower Semiconductor (TSEM) operates some of its major facilities outside of Taiwan and China. That's something George Tsilis believes could be a boon for the company. TSEM bested Street estimates in its 2Q earnings report, demonstrating 6% revenue growth and gross profit of $80M. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Mi...

Palantir (PLTR) topped Street expectations for its top and bottom line figures in its latest quarterly report. But, as Kevin Green and Alex Coffey point out: The company's guidance raise was the more significant figure. Palantir says it now sees full year 2025 revenue between $4.142B-$4.15B and 3Q revenue up 50% year-over-year. Marley Kayden moderates a dynamic earnings discussion which also f...

Collin Martin says a lot of Monday's rebound could be a reversal of Friday's sell-off, but doesn't read too much more into the move. Looking to September's FOMC meeting, he admits that rate cut odds are improving as labor market data revealed more instability than previously understood. Collin does add that August's labor data will be closely watched as it could provide confirm...

Scott Bauer believes the markets could grind higher as yields fall lower. In the energy markets, Scott examines OPEC+ headlines that have the group looking to ramp up production. He weighs in on the possibility of India facing higher tariffs or sanctions due to importing Russian oil. Then, Scott looks at the fragility of the U.S. Dollar (/DX) in the wake of the latest labor market data. ======== S...

After blowing through the 6300 "call wall" this morning, Kevin Green is looking at 6325/6330 to the highs headed into Monday's close. He saw "risk reversal" activity in today's options flows and says tomorrow's economic data will be critical to watch. KG looks at the S&P 500 (SPX) on a long-term 20-year monthly chart to visualize potential upside still ahead for...

Looking ahead to Palantir (PLTR) earnings, Paul McCarthy is eager to see how the company is growing its commercial business segment. He wants more sustainable, repeatable revenue from the private sector instead of the "clunky" government contracts that have historically made up Palantir's business. Paul says there could be some technical resistance around $163 and believes a slight p...

Jim Iuorio says we “have some work to do” to the downside and calls the market “still pretty tired.” He feels vindicated by the latest jobs report and its revisions lower and says “something is wrong with the way they compile data” because of the significant drops. He wishes the Fed had the updated info before its latest meeting in the hopes of a rate cut. “The last thing [the Fed wants] to do is...

Joe Mazzola breaks down July’s STAX report, Charles Schwab’s monthly report on its client behavior. “Clients aren’t really chasing the rally,” Joe observes, becoming “much more measured” than bullish. The STAX’s top 3 bought stocks include Nvidia (NVDA), and top 3 sold include Apple (AAPL) and AMD (AMD). Healthcare and financials saw client interest, with UnitedHealth (UNH) also a top-performing n...

Lance Ulanoff says the tech evolution is now all about A.I. pointing to discussions with consumers who say "all people are talking about is A.I." He believes kids will have to learn the A.I. technology and become good "prompters." Jeff Kagan adds that A.I. growth is impacting Palantir (PLTR) and says we're still in the very early days of this A.I. wave. Lance adds "The...

John Jannarone called the Figma (FIG) IPO "really good news" for the overall tech IPO sphere. He expects to see names like Klarna and Stripe go public sometime this fall, and says they could be even bigger than Figma. For Figma's first day pop, John says the discrepancy in IPO price to trading price showed the company did the right thing in the long term. He does caution buying FIG n...

Jack Ablin attributes Monday’s market rally to the jumping expectation of a rate cut in September after last week’s disappointing jobs report. He says AI companies are currently contributing more to GDP than household spending. “We are going to see a weakening” of the economy, but Jack doesn’t expect a recession: “We’ll probably muddle through.” His stock picks right now include “high-quality” nam...

RJ Hottovy looks at fast food stocks, from McDonald’s (MCD) to Restaurant Brands (QSR). RJ notes that these restaurants are also seeing pressure from low-cost grocery outlets like Aldi’s or dollar stores. Consumers are “continuously seeking out deals” without brand loyalty, he argues, but a chain of promotions is the best way to lure repeat customers. “Breakfast is still a challenge for a lot of t...