Schwab Network

Dale Smothers warns that November typically brings a lot of volatility in the market. He discusses how the trade war is working against the bullishness of AI spend. He sees a lot of upside in names like Apple (AAPL) and Microsoft (MSFT), which he is using as “core positions in growth-focused accounts.” He also suggests using covered calls on both these names. Other picks include AMZN, RCL, CRWV, a...

On the international picture, @CharlesSchwab's Michelle Gibley explains why U.S. investors should pay attention to the "Takaichi trade" in Japan, making the case that Japanese stocks can become more attractive long-term. When it comes to China, she says that a trade deal is "more likely than not" due to President Trump's recent rhetoric. Collin Martin focuses on the dom...

Tesla (TSLA) faced multiple roadblocks from the Trump administration when it comes to its EV business, but as Marley Kayden explains, that won't be the key focus in its after-hours report Wednesday. She points out that investors and analysts alike will keep their ears open for how the company sets up its future A.I.-fueled prospects. @ProsperTradingAcademy's Scott Bauer offers an example o...

Dan Morgan says IBM Corp. (IBM) doesn't flex the same muscles hyperscalers have when it comes to data center buildout, though he believes its software segment offers it another edge. He explains how investors will eye IBM's hybrid cloud and details on its Anthropic partnership in Wednesday's postmarket report. Dan also notes the company's quantum computing business as one that will...

Everyone is looking for a bubble to pop, but they’re missing the forest for the trees, argues David Wagner. He discusses how intangible assets have taken over the market, which creates “operating leverage as a core tenet,” yielding higher valuations. He discusses how the market is rewarding earnings beats this quarter, unlike last time, and what he expects for the rest of earnings season. ========...

Steve Chiavarone says big banks have allayed fears about regional banking issues and the market fundamentals are looking good. He’s targeting 7,800 for the SPX by the end of 2026, saying the “path of least resistance” is higher. He describes the conditions needed to meet his high targets, including Fed cuts continuing and inflation easing. Steve also thinks small caps are poised to break out. ====...

Kenny Polcari would “love to see” a 5%-8% correction to see what happens and to let investors get into the market at a lower price. As for earnings, he notes that 85% of companies that have reported beat on the top and bottom line, turning him bullish on the economy. His stock picks right now include Accenture (ACN), which he says is “on sale,” and Merck (MRK), which has “inelastic demand.” Others...

Diane King Hall turns to three stocks moving higher on their latest earnings. The biggest jump was seen in Intuitive Surgical (ISRG), rallying more than 15% thanks to rebounding demand in optional surgeries and its "da Vinci" system. Capital One (COF) cashed in on its Discover integration and share buyback. Diane also explains how A.I. and data centers powered a jump in GE Vernova (GEV)....

Gold's second day of selling off is something Kevin Hincks will watch closely on Wednesday's session. Even with weakness in metals, he believes earnings will show the economy is stronger than many investors fear. On the international front, Kevin notes India cutting its oil purchases from Russia in what he calls a larger trading tactic to end the war in Ukraine. ======== Schwab Network ===...

"Big Blue" reports earnings after Wednesday's close and Rick Ducat drops by to look at IBM (IBM) technical conditions ahead of the release. He compares IBM to other tech companies to compare its performance over the past year. Rick looks at the $281 level as an area of support and resistance, and Rick notes a breakdown in momentum over the past month. Later, Tom White composes an exa...

Cameron Dawson says U.S. equities continue in melt-up mode, as earnings are coming in better-than-expected. When discussing current valuations, she says the "conditions" not the "level" is what matters most. Cameron says valuations could "levitate to nose-bleed levels" if earnings continue to beat and markets continue to surge. However, she does caution investors on s...

Jeffrey Small says nobody "really cares about cars" right now when it comes to Tesla (TSLA). He's more focused on the A.I. aspects of its business and the guidance the company offers after its 3Q earnings report later today. Jeffrey does recognize the company's recent EV deliveries beat and says Elon needs to "stay focused" on the business. He says the "enormous po...

Stocks could see a breather after the Dow Jones ($DJI) hit a record, but Kevin Green says don't get too comfortable. He notes that while earnings have been strong, there are signs of a potential pullback, particularly in the S&P 500 (SPX), which is hitting resistance around 5750. KG points to weakness in the uranium, gold, and silver trades as potential headwinds, as well as uncertainty ar...

Rachel Dashiell joins Morning Movers to take a look at the chart of Lam Research (LRCX). Ahead of the semiconductor tech company's earnings, she is looking at the "battle" going on with its 200-day moving average. Rachel highlights the low levels in the Bollinger Bands study as something to monitor. On a 1-year chart, she maps out the technical trends behind the shares doubling. Rach...

Jim Iuorio returns to Schwab Network and highlights how the FOMC is pushing back on quantitative tightening amid fears of a weakening labor market. He takes investors through what it means for future rate cuts and the markets as a whole. Jim later discusses his take on what he calls the early stages of an A.I. "bubble," but he's in the camp that the bubble can expand for years before...

Gold's dramatic sell-off, Apple's (AAPL) new record high, and Warner Bros. Discovery's (WBD) reports of a sale are the biggest under-the-radar stories in focus for Marley Kayden and Sam Vadas. They explain what Tuesday's moves mean for Wednesday's price action. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minut...

Stocks saw mixed trading action after Monday continued last week's rally. Alphabet (GOOGL) didn't help the mega caps when it sold off after OpenAI launched its new ChatGPT-backed web browser. General Motors (GM) muscled a win for legacy automakers with a 15% earnings rally. Netflix (NFLX) did not continue earnings momentum, selling off after it posted a nine-digit Brazilian tax dispute cha...

Gold's recent pullback from record highs may be just what investors need to justify getting in on the action. Christian Briggs says profit-taking is likely to blame for the short-term dip, but don't expect it to last long-term. With gold up 300% over the past 5 years, Briggs believes it's due for a correction, but he's still bullish on the precious metal's long-term prospects....

TE Connectivity (TEL) is one of the bigger overlooked stocks — bolstering a $67 billion market cap. Alex Coffey is calling the stock as such because of its connections to hot topics on the market many investors are unaware of, from A.I. and data centers, to autonomous technology. He talks about the company's past financial woes and how it's erasing red marks on its balance sheet and replac...

Rick Ducat stacks GE Aerospace (GE) against peers in its industry, showing that it's the leader compared to names like Lockheed Martin (LMT) and RTX Corp. (RTX). The breakout faces challenges, however, as Rick points out a key resistance level that the stock needs to stay above to affirm Tuesday's rally. The bulls aren't relenting on GE's prospects. A look into options activity sho...

Daniel Tobok takes on the cybersecurity sector after the AWS outage on Monday. “It once again reminds us of the fragility of internet connectivity, internet backbone,” he says. The internet is used for every aspect of modern life now, he stresses, even something as simple as ordering fast food. He compares this outage to the CrowdStrike (CRWD) outage and how the company bounced back. Daniel emphas...

“It’s kind of incredible” how much momentum the market has despite a difficult geopolitical backdrop, says Alonso Munoz. He thinks investors should take profits and be cautious into the end of the year. He likes long-term bonds as hedging tools, with yields “still high relative to history,” and some tech names like Tesla (TSLA). “We’re looking forward to earnings,” he adds. ======== Schwab Network...

Rayliant's Jason Hsu believes the Chinese tech market offers alternatives for investors seeking A.I.-centric names that don't have ballooning valuations. He makes the case for Alibaba (BABA) as a top pick as it seeks to prove it's not just a software company. Jason later talks about his firm's ChinaAMC Transformative China Tech ETF (CMQQ) and the strategies it uses to capitalize on...

Noah Wise gauges market health, pointing to macro tailwinds for equities. He notes that both China and Europe’s growth is slowing. Focusing on fixed income, he talks about balancing risk and return with credit spreads at historically tight levels. He looks at opportunities at home and abroad for bonds. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscri...

Peter Andersen doesn't know when investors will turn their focus to how hyperscale capex will build profits, though he's confident that shift will come. Even if it takes "several quarters," Peter explains why it's important for investors to ask corporations the question, "what is your business plan?" On companies he's watching, Peter gives his bullish case for E...