Schwab Network

Morgan Stanley downgraded Adobe (ADBE) to equal weight from overweight, and cut the software company's price target down to $450 from $520. Rick Ducat checks in on the chart, pointing to the steady downward slope shares have been sliding on so far in 2025. Tom White demonstrates a neutral to bullish options trading strategy. He uses a put vertical setup with the Oct. 17 strike date to illustra...

KB Home (KBH) is set to report earnings after the bell, and expectations are high after a strong beat last quarter. Mike Singleton believes the homebuilder could benefit from lower mortgage rates and a potential pickup in demand from first-time homebuyers. He sees KBH as a thematic play on this demographic, which could benefit from President Trump's pro-labor policies, including faster real wa...

Rachel Dashiell breaks down the chart of Tesla (TSLA) pointing to a potential short-term pause after its recent breakout. Rachel notes that while the 90-day chart shows a bullish trend, the RSI Momentum study is curving down, nearing overbought territory, which could trigger some profit-taking. She also identifies key resistance and support levels to watch, including $444 and $420. ======== Schwab...

Stocks may be due for a breather after a recent record run, but the broader trend remains bullish, according to Kevin Green. The S&P 500 (SPX) could still test new highs, with KG eyeing 6690 as key resistance, while 6630 could act as support. Meanwhile, A.I. mania continues to drive gains in tech, with Alibaba (BABA) rising 10% after unveiling a $50 billion A.I. spending plan and a new languag...

Mary Ann Bartels is looking for the SPX to hit 7K by the end of the year, and 7.2K early next year. However, she also describes the market as overbought with “very high valuations.” She notes that historically, October creates “bottoms” that act as buying opportunities, and Mary Ann argues we could see a 10% pullback before the next leg higher. Her top picks are in the semiconductor sector, saying...

The SPX hit yet another new intraday high but levels pulled back since reaching that new record. Charles Schwab's Kevin Horner offers a technical perspective in the SPX chart in the event of a pullback. In equities, Kevin highlights bullish potential in SoundHound AI (SOUN) and bearish indicators in UnitedHealth (UNH). ======== Schwab Network ======== Empowering every investor and trader, ever...

Fed Chairman Jerome Powell's recent comments on the labor market, asset values, and risks have sparked a reaction in the markets. Alonso Munoz believes Powell's tone was "a little bit dovish" and that the Fed is likely to prioritize the health and strength of the labor market. Munoz sees room for the market to run despite Powell's valuation concerns and expects a potential ra...

Micron (MU) posted an earnings beat and guidance above Wall Street's estimates after hours on Tuesday. Marley Kayden, Sam Vadas, and Kevin Green analyze the report and explain how it's driving optimism from investors even after the stock's near-100% year-to-date climb. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are...

What started as a record-setting day for three of the four indices turned into red territory. Micron (MU) experienced volatility after hours when it posted an earnings and guidance beat. CoreWeave (CRWV) tumbled despite getting two analyst upgrades, while Kenvue (KVUE) gained on the session even against commentary from President Trump. Marley Kayden highlights the biggest stories of the day for in...

Sam Vadas and Marley Kayden talk about the biggest unsung stories on their minds, from a lawsuit against Amazon's (AMZN) Prime practices to the Fed's latest commentary. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9t...

CoreWeave (CRWV) is up over 200% since its trading debut in March, but its meteoric rise has some investors questioning whether the AI software company is due for a correction. Bob Lang bullish on CRWV, citing its strong chart and significant runway for growth. However, Lang also highlights potential concerns around customer concentration and capital needs, as well as the company's significant...

A move back into small-cap stocks has helped momentum of BigBear.ai (BBAI), says George Tsilis. He also notes the data analysis company getting attention from the U.S. Navy as a catalyst pushing the stock higher. George talks about the macro and technical moves surrounding BigBear.ai that attach it to thematic shifts in the A.I. narrative. ======== Schwab Network ======== Empowering every investor...

Paramount Skydance (PSKY) has significantly outperformed its streaming peers since its merger and reports of another potential acquisition of Warner Bros. Discovery (WBD). Rick Ducat highlights the astronomical rise of the stock and points out key areas to watch. He also turns to the options front to show where investors are expecting future price action. ======== Schwab Network ======== Empowerin...

Sarah K. Williamson joins Market On Close to talk about how CEOs can navigate stock markets and attract patient investors. She is the author of the new book, The CEO’s Guide to the Investment Galaxy. It’s for leaders and aspiring leaders alike, she says, and uses cartoons and a “playful” manner to guide readers. ======== Schwab Network ======== Empowering every investor and trader, every market da...

Winter weather is coming, and with it, a draw on natural gas. Peter Gardett discusses U.S. energy supplies and prices, and the energy mix we’re using. Natural gas is “increasingly more important,” he argues, though it is still “seasonally attuned.” He discusses risks to the grid and what new energy technologies mean for these markets. Over the next 10 years, he expects demand to increase by 100 gi...

“The market’s telling two different stories.” Eric Metz sees a tug-of-war between discretionary spending and income-dependent spending. He “wouldn’t be surprised” by a tech rotation as valuations stretch. Turning to the Fed, he discusses Powell’s comments today and what the rate cut path could be from here. He’s watching volatility and the VIX closely, calling it an “indication of complacency.” ==...

Stephanie Walter and John Freeman preview Micron (MU) earnings. Stephanie notes that Micron is “leaning in” to HBM chips, which are a prerequisite for AI data centers – potentially bullish, but with raised market expectations, it might not be enough. They discuss how Micron has become more of a strategic play than in the past as it becomes a bedrock of AI infrastructure. John owns MU shares and gi...

BofA set a new Street high price target for Palantir (PLTR) as it sees significant upward potential in A.I. and international expansion despite its sky-high valuation. Marley Kayden talks about everything investors need to know around the recent Palantir developments driving market discussions. She also weighs in on parallels between Palantir and Tesla (TSLA). ======== Schwab Network ======== Empo...

"Expectations are high" for Micron's (MU) earnings but are "even higher" for guidance, says Ali Mogharabi. He notes the stock's significant rally which doubled the price through 2025. Ali says a run higher depends on how Micron shows it has a long-standing place in the A.I. race. That said, he doesn't see the demand for memory diminishing any time soon. Ali then bro...

LikeFolio's Andy Swan says he's "very bullish" on Reddit (RDDT), pointing to his firm's data showing the company's substantial outperformance to peers when it comes to drawing advertising dollars. He says the conversation-based social media platform offers plenty of data for advertisers to target audiences. Andy adds that its connection to Alphabet's (GOOGL) Google se...

Michael Robinson spotlights the tech sector, discussing Nvidia’s (NVDA) $100B investment in OpenAI and how H-1B visa changes can affect the industry. He talks about the possibility of an OpenAI IPO in the next few years, and how cementing a relationship with NVDA for compute power will give it an edge. As for OpenAI’s growth, Michael says he’s “never seen anything like it in the history of technol...

Seth Schachner says the potential merger between Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) would be substantial not just for its size, but also for how "different" each company's content and goals are. Dan Rayburn turns his attention to sports and its potential for streaming's growth, as he points to Amazon (AMZN) Prime's Thursday Night Football laying the gr...

Kevin Mahn goes back to the history books to gauge the likelihood of recession vs a market climb after the recent Fed rate cut – and he’s more on the bullish side. “There’s more investment coming” in technology and AI, he says, citing Nvidia’s push into OpenAI. He is critical of the Fed and thinks they should have cut rates back in June and expects another two before the end of the year. Kevin sha...

Tech and crypto-centric stocks take Charles Moon of Prosper Trading Academy's focus on today's Big 3. He sees lots of potential for a short-term bounce in Astera Labs (ALAB), an expected rise in cryptocurrencies benefitting Hut 8 (HUT), and potential for Apple (AAPL) to hit $300 by the end of 2025. Rick Ducat dives into the charts to show technical trends supporting Charles's analysis....

Micron (MU) reports earnings after the close on Tuesday, and Paul McCarthy expects a beat and raise from the company. The stock has doubled since the start of 2025, helped by raised guidance Micron released in August. Paul says the print will be all about whether its guidance still lines up with projections and if capex shows strong demand. Tom White turns to the options front ahead of Micron'...