Schwab Network

Gregory Daco and Peter Tchir break down the employment market after the latest Jobless Claims report. “There is caution” from employers, Gregory argues: companies combing through carefully for candidates and trying to avoid raising inflation pressures by upping wages. Peter thinks weakness will show “in the next couple months.” While he’s “a little bit nervous,” he doesn’t foresee a recession yet....

Jason Brown says he's cautious for the market's short-term trading action but bullish on long-term prospects. On his Big 3, he talks about Alphabet's (GOOGL) new A.I. prospects as a signal of strength, Mid-American Apartment Communities (MAA) as a tariff insulator, and his bearish take on MGM Resorts (MGM). Rick Ducat turns to the technicals support Jason's research. ======== Schwa...

Dale Smothers “called” the 5,800 level in the SPX as people are “reassessing their risk.” He reacts to the “big, beautiful bill” the House just passed that dramatically increases the debt limit and ups the national deficit. He’s looking for upside in Nvidia (NVDA) and Apple (AAPL), saying “this is the time to buy” as the shares dip, but also likes CoreWeave (CRWV) as an A.I. developer. ======== Sc...

The Daily Trader features two example options trades in two tech names on the move. First, Kevin Hincks discusses Alphabet (GOOGL) after recent investor day headlines have the stock on the run higher. He provides an example options strategy using a call diagonal. Then, Kevin illustrates an example put calendar trade for Workday (WDAY) ahead of the company's 1Q earnings report. ======== Schwab...

Jenny Horne and Nate Peterson discuss this week's rise higher in Bitcoin (/BTC) prices. Nate discusses the correlation to bond market moves taking place globally, and examines the technical moves in both Bitcoin and Ethereum (/ETH). Later, Nate and Jenny dive into a proposal from Block (XYZ) CEO Jack Dorsey to change Bitcoin's base units to "satoshi" and what the "GENIUS Act...

Tariffs, interest rates and consumer sentiment all weigh on the retail sector, seen in earnings from big box stores like Walmart (WMT) and Target (TGT). Urban Outfitters (URBN), however, showed strength. Joe Tigay takes a look another retailer investors may have missed: Ross Stores (ROST). He offers a macro perspective on Ross and gives an example options trade for the retailer stock. ======== Sch...

Liz Ann Sonders describes the fallout of losing “price-insensitive buyers” of U.S. bonds on the market as the proposed U.S. tax bill would increase the national deficit and raise the debt ceiling by $4T. She says the investor class has been “deeply concerned” about the national debt for a long time, and thinks the average consumer is beginning to be concerned as well. “The real implications” of de...

Advance Auto Parts (AAP) surged to a 3-month high off a 40% post-earnings rally. Diane King Hall notes that it's not just strong earnings driving optimism, but also people seeking to keep their vehicles for longer. Meanwhile, Sunrun (RUN) sold off 40% alongside other solar energy stocks after the House narrowly passed its tax bill. Zoom Communications (ZM) opened lower despite posting an earni...

The volume difference in the SPX reached a 2-standard deviation difference in Wednesday's trading action, a notable bearish signal for Kevin Green. He points to 5,790 as the key level bulls need to hold to maintain positive market momentum. Kevin adds that volatility in yields needs to subside for equities to find solid footing. He highlights an inverse head-and-shoulders pattern forming in th...

Futures trended lower off the latest jobless claims print but opened notably off the lows. Kevin Hincks reports from the Cboe Global Markets to explain the risk-on sentiment seeping back into Wall Street following Wednesday's sell-off. One piece of the macro picture that may be leading to up action is the House passing a long-awaited tax bill. Kevin also turns to Bitcoin's continuing all-t...

Jenny Horne takes a look at positive reports from vastly different companies. The first of which is Urban Outfitters (URBN), which opened at an all-time high after a strong showing in earnings. Jenny notes that price increases aren't off the table, though she points out Urban Outfitters' balance sheet as a big signal of strength. In Snowflake (SNOW), the company rallied over 10% in the pre...

Workday (WDAY) earnings are set to be released after Thursday's close. Rick Ducat looks at the cloud technology company's chart from a technical standpoint as shares have run up about 9% this month. Rick demonstrates an example trade with a put vertical strategy using the June 20 strike date. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options i...

Michael Reinking dives into the moves in yields, and the ripple effect in global bond markets. With this week's Moody's credit downgrade of the U.S. and the "big, beautiful bill" progressing in Congress, he says investors are probably "keeping their risk budgets tighter" approaching the summer months. Later, Michael assesses the state of the IPO market and points to pos...

Jay Woods joins Diane King Hall at the NYSE to discuss this week's volatility as investors eye developments in the bond market as rising yields weigh on equities. He says there's "a lot of wood to chop" before the market can run again. Jay says he's not too concerned about the trading volume seen in recent swings, saying it's partially attributed to seasonality. He has hi...

Rising bond yields and concerns over the U.S. budget deficit weighed on investor sentiment ahead of Thursday's open. Kevin Green says yields will eventually get to a level where buyers will step in, and the market will reprice, but right now are showing mixed messages. KG later looks at Snowflake (SNOW) as shares rally behind a strong 1Q earnings report on high demand for its data analytics se...

AT&T (T) announces plans to acquire Lumen's (LUMN) fiber business for $5.75B. Ben Watson looks at the ascending triangle formation taking shape in shares of AT&T over the last 1-year. Ben adds the RSI shows a bit of a bearish divergence as shares hover below 52-week highs. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market M...

Snowflake (SNOW) shares pop higher after raising full-year revenue guidance in its latest earnings report. Urban Outfitters (URBN) gets an upgrade after better-than-expected earnings. And, Bitcoin (/BTC) continues to surge to new all-time highs. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork...

Claudia Sahm offers an in-depth look into the tax bill being debated on Capitol Hill. She makes the argument that debt Congress aims to fix will get worse before it improves, noting rapid policy changes impacting the bill's goals. On the labor force, Claudia says action on immigration will negatively impact unemployment long-term. She also gives a perspective on why tariffs aren't fully priced in...

Results from the 20-year bond auction sent stocks tumbling on the trading session. Target (TGT) previously sold off through its weaker-than-expected earnings and widened guidance. However, Alphabet (GOOGL) flexed strength as the SPX leader after announcing its own "A.I. Mode." Strong earnings from Snowflake (SNOW) sent the stock soaring near all-time highs after hours, while Bitcoin futu...

Nick Griebenow explains how options can be used to enhance portfolio performance and reduce volatility. He discusses his approach to selling covered calls to generate cash flow, and shares his stock selection criteria. He also touches on the benefits of writing options on individual equities versus indexes, such as the S&P 500. ======== Schwab Network ======== Empowering every investor and tra...

Zoom Communications (ZM) posted earnings largely in-line with Wall Street estimates, but as George Tsilis notes, room for margin expansion opened the door to investor optimism. He and Alex Coffey turn to the numbers they believe investors should look at closely in the report. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not...

Snowflake (SNOW) thawed resistance with a beat and raise in its latest earnings, sending its stock close to a 52-week high after hours. However, Urban Outfitters (URBN) couldn't meet expectations with its investors despite having a beat of its own. Kevin Green and Scott Durfey join Alex Coffey to analyze the recent round of reports and talk about the road ahead for these companies. ======== Sc...

Charles Schwab's Kathy Jones believes global yields are inching toward a "reset" back to levels from the 90s. As yields tick up globally, Kathy says investors are requesting more risk premium to hedge against volatility. She says now isn't the time to "rule out bonds" even if the bond market experiences turbulence ahead. ======== Schwab Network ======== Empowering every...

Morningstar Wealth's Philip Straehl says the recent market bounce back has been driven by a combination of factors, including the pause in U.S.-China trade tensions and the administration's willingness to make agreements. However, he notes that the hard data hasn't hit yet, and there are still concerns about growth and inflation. He's watching the yield curve, which he thinks is se...

A worse-than-expected outcome in the 20-year bond auction opened the trap door to significant selling action. Kevin Green says the SPX is reaching a critical level of support, and if levels fall below it, the index can test gaps significantly below where it currently trades. He also notes volume as an issue, showing how there's a greater conviction on down days than up ones. ======== Schwab Ne...