Schwab Network

Lots of data hit the wire on Tuesday, from an uptick in pending home sales, to September's PPI and retail sales. Kevin Green talks about what it means for the FOMC and December probabilities for an interest rate cut. KG also talks about Nvidia's (NVDA) dip below $170 and the significance of the break, highlighting the volatility it brought to the SPX. He later notes the stark selling actio...

While Alphabet (GOOGL) and Nvidia (NVDA) dominate chipmaking headlines, Jenny Horne urges investors to watch Analog Devices (ADI) after it beat earnings and posted guidance above analyst estimates. As she explains, the company plays a key role in the autonomous picture. Keysight Technologies (KEYS) rallied more than 10% in premarket hours after its earnings beat and slew of price target hikes from...

Ken Mahoney sees a lot of tailwinds for the market and shares some stock picks. He likes Microsoft (MSFT) as a comparatively cheaper tech play. He’s bullish on Walmart (WMT) and thinks that it has winning strategies. Ken also picks JPMorgan Chase (JPM), saying Jamie Dimon “knows what he’s doing” and it will benefit from the Fed lowering rates. ======== Schwab Network ======== Empowering every inve...

Jeff McClean thinks the Fed is more scared of the jobs market than inflation right now and says a rate cut in December is “definitely on the table.” He expects more cuts in 2026 with a new Fed Chair: “the only question is, how much?” Jeff looks at dynamics within the Fed, noting “unusual” public disagreements on the rate path. He sees opportunities in small caps and the “left-behinds” right now. J...

Diane King Hall turns to retail earnings movers that showed mixed results Tuesday morning. Best Buy (BBY) flexed strength with in-store and online sales and raised its fiscal 2026 outlook, though the stock opened flat. Dick's Sporting Goods (DKS) said it will shutter some of its Foot Locker stores after the company completed its acquisition many on Wall Street disagreed with. As for Kohl's...

Dell Technologies (DELL) reports earnings after Tuesday's close. Rick Ducat pinpoints several technical developments occurring on its chart and draws upon previous chart patterns to show near-term areas to watch into the report. Rick looks at the recent downward trend forming, and underlines the $124 volume area as a higher trading node to monitor. Later, Tom White composes an example options...

Jay Woods joins Diane King Hall at the NYSE set with the S&P 500 (SPX) "bending but not breaking" and pointing to the 50-day moving average as a possible "ceiling" that needs to break before hitting new all-time highs. He believes the Fed could be the catalyst to lift stocks higher, identifying the dissent taking place among Fed governors and the challenge of a data-void de...

Alex Hamerstone joins Morning Movers to preview Zscaler (ZS) earnings and discuss the overall cybersecurity software space. He thinks a lot of the companies have "huge growth expectations year over year" making it a tough environment with competing priorities. Later, Alex addresses the rise of agentic AI adoption alongside the potential benefits (and challenges) facing security companies...

UBS upgraded Applied Materials (AMAT) to a buy rating as shares are up more than 40% in 2025. Kevin Horner diagnoses several technical patterns taking shape on the chart, identifying $208 support and $241 resistance over the past 90 trading days. Zooming out to the 2-year chart, Kevin shows the stock's all-time highs back in the summer of 2024 that could be the next test if shares breakout abo...

Kevin Green and Diane King Hall talk tech and technicals after Monday's market rally. Nvidia (NVDA) shares are under pressure as Meta Platforms (META) buys TPU chips made by Alphabet's Google (GOOGL). KG discusses the perceived battle between Nvidia and Google, as shares of Alphabet cross the $4T market cap threshold. KG is watching $170 to the downside on the NVDA chart as a level of supp...

After Bitcoin's staggering 30% decline in a matter of weeks, CoinDesk's Andy Baehr makes the case there's still plenty of support for the cryptocurrency and has macro tailwinds backing it. That said, Andy sees more volatility ahead as new retail investors funnel into the space. Mike adds to Andy's case by explaining how recent price action is "normal volatility" for crypt...

“Valuations by no stretch are cheap…this is not going to be a value market,” Rob Luna says, but adds that “that doesn’t mean anything” for market strength. He likes Micron (MU) and Seagate (STX) as the “picks and shovels” of the AI trade. He also likes nuclear energy, saying it is critical for the AI trade, but warns investors that most names in the space are pre-revenue. Rob also reflects on whet...

Sam Vadas and Alex Coffey recap Monday's rally and pull back the layers on the macroeconomic conditions behind it. Sam says the Fed speak, notably from Gov. Mary Daly suggested a December meeting rate cut isn't quite out of the picture. Alex looks at the tech-led rally with Alphabet (GOOGL) hitting new all-time highs, as investors await some delayed economic data set to hit the wires on Tu...

Peter Schiff joins Sam Vadas for a wide-ranging macroeconomic deep-dive into two major themes developing in 2025: The meteoric rally in Gold prices to all-time highs and the breakdown in Bitcoin this fall. Peter provides his animated takes on both asset classes, and also weighs in on Strategy (MSTR) saying "this whole thing is an accident waiting to happen" and calling Bitcoin a "ho...

Matthew Tuttle joins Market on Close ahead of Zoom Communications (ZM) earnings. He adds that he doesn't own the stock, but wants to see if the company can pivot from direct competition with Microsoft (MSFT) and Alphabet's Google (GOOGL). Matthew is looking for their work in A.I. and how the company will get out of the "commodity video trap." He believes workflow information, con...

Dan Fachner, CEO of J&J Snack Foods (JJSF), walks through their latest quarter. “We had some mixed results, but some strength as we talk about going into 2026.” The company, which owns brands like Dippin’ Dots, Icee, SuperPretzel, and more, is going through a transformation plan. He discusses product innovation, consumer demand and changing tastes, and highlights growth in their pretzels. ====...

Honing in on the bond market, Warren Pierson sees opportunities across the yield curve but focuses on the intermediate sector. “We are concerned about the deficit,” he adds, “we’re spending 40% more than we’re taking in.” He’s monitoring spreads and economic growth (can it outpace the deficit?). Warren sees some potential cracks in corporate debt with the AI capex, along with cracks in the private...

Bryan Gildenberg and Jan Rogers Kniffen estimate holiday season spend. Jan has projected 4.0% growth, with a “solid Christmas” close to the value of last year’s. “I just don’t see what’s going to stop it.” Bryan points to consumer confidence at an all-time low and MasterCard (MA) projecting that 80% of its users are value-shopping. He says that increasingly, shoppers will use AI to price compare a...

As Nvidia (NVDA) grows, so does A.I. infrastructure and the power grid, says Greg Dukes. He picks the Mag 7 giant as a company poised to grow for years to come but urges investors to look at other companies he expects to accelerate alongside Nvidia. Greg makes the case for Alphabet (GOOGL), Nextera Energy (NEE), and Caterpillar (CAT) as stocks to watch. ======== Schwab Network ======== Empowering...

Mike Horwath highlights Amazon (AMZN) into 2026 and focuses on economic expectations for next year. “You do have conflicting data points here,” he says into the Fed rate decision. He gives stock picking tips for next year, highlighting financials, utilities and industrials as places to look. Mike also comments on Nvidia (NVDA) and its role in the market, saying it has “a lot of optimism priced in,...

Lucas Downey says last Thursday's selling action saw the largest outflow levels since the April lows. One of the biggest hit areas: semiconductors, which Lucas believes can offer a strong buying opportunity. He also likes Meta Platforms (META) in the Mag 7 space. Healthcare is an area Lucas suggests investors stay away from for now due to "overbought" indicators. ======== Schwab Netw...

“The box office in October was historically bad,” says Shawn Robbins, but he sees the picture brightening through December with Wicked: For Good and Zootopia 2. He thinks Thanksgiving weekend could top Memorial Day, the strongest of the year so far. Because of the ease of watching at home, quality and the experience both matter to get people to the theater but viewing habits have permanently chang...

Likefolio’s Andy Swan says Dick’s Sporting Goods (DKS) has a “very real structural edge” vs any competitor going into the holiday season. He compares stock price to web visits, noting strong growth in the latter, which he calls “extraordinarily impactful.” With the stock lower, he sees a “divergence opportunity” and thinks that the earnings call will be upbeat with a “healthy outlook.” ======== Sc...

Jason Brown urges investors to look for opportunities outside the tech trade, highlighting some he sees on today's Big 3. He explains how traders can hedge Walt Disney (DIS) in a potential downslide to $70, an upcoming earnings catalyst in Salesforce (CRM), and Bloom Energy's (BE) play on A.I. hyperscalers. Jason offers example options trades for his picks while Kevin Green gives technical...