Schwab Network

With the software and retail industries drawing investor interest this week, Jenny Horne talks about three companies getting new analyst coverage Wednesday. She notes Snowflake's (SNOW) pullback ahead of next week's earnings, Abercrombie & Fitch's (ANF) "very different" 2025 compared to previous outperformance, and Oklo Inc.'s (OKLO) scaling headwinds despite penning a recent contract with the...

Bitcoin (/BTC) hit all-time highs earlier this month, but has been floundering a bit since. Jenny Horne and Adam Lynch take a look at the crypto charts for Ethereum (/ETH), Coinbase (COIN), Strategy (MSTR) and more. Plus, they duo dive into developments out of Jackson Hole, where one Fed governor has some potentially bullish commentary for crypto adoption. ======== Schwab Network ======== Empoweri...

Hertz (HTZ) rallied 6% after announcing it will sell used cars through Amazon (AMZN). Why is the company accelerating its footprint in the industry now, and how will it help both companies? Karl Brauer pumps the gas and explains why he sees the deal as symbiotic for Hertz and Amazon's growth as the used car space faces headwinds. ======== Schwab Network ======== Empowering every investor and t...

Retailers delivered a mixed bag of earnings today, with TJX Companies (TJX) hitting a record high while Target (TGT) tumbled to 2-month lows and announced a change at the top. Brian Gildenberg breaks down the results. Gildenberg says TJX's off-price model has helped it navigate tariff-related headwinds, and expects the retailer to continue capitalizing on industry uncertainty. Meanwhile, Targe...

Markets were deep in the red early in Wednesday's session thanks to steep selling action in tech, though a sharp rebound bounced stocks off the lows. The day's round of retail earnings in Target (TGT), TJX Companies (TJX), and Lowe's (LOW) also presented a mixed picture for investors in the space. Sam Vadas takes investors through the biggest movers of the session. ======== Schwab Netw...

Charles Schwab's Kevin Gordon calls the markets' recent price action a rotational trade over a correctional one. He explains that a lot of money moving out of tech stocks Wednesday shifted over to industries that haven't experienced as significant upside action. Ahead of the FOMC's September meeting, Kevin believes the institution is setting the ground for a steadier rate cut, as l...

Dan Deming looks at the commodities market as equities extend Tuesday losses. He examines gold and crude oil, the latter of which had a “bigger draw than anticipated,” concerning the energy market. He thinks crude can continue to move to “new lows” unless there is a “significant shift in economy activity.” He also breaks down what’s happening in the CBOE Market Volatility Index (VIX). ======== Sch...

A volatile day ignited by a sell-off in technology and communication stocks reversed course and ended with dips once again being mostly bought. Kevin Green gives investors a glimpse into the technical trends of the session to show why today's trading action is a "huge win" for bulls. He later turns to another bullish trend: SPX stocks trading above their 50-day SMA, which appears to...

Another cryptocurrency exchange seeks to join the public markets. Gemini filed for an IPO a few days ago and will be the third company of its kind to debut over the past few months if it's approved. Samuel Kerr says the company and others like it have gained traction as investors seek to rotate out of Big Tech and into other A.I. and cryptocurrency "winners." However, Samuel undersco...

Philip Straehl thinks the next wave of growth is “uncertain” as generative AI takes the wheel. While he is bullish on AI, he argues heavy AI capex spending has hidden costs. He compares it to other historical periods where industries spend heavily on a new technology and then have difficulties monetizing it. ======== Schwab Network ======== Empowering every investor and trader, every market day. S...

Likefolio’s Andy Swan previews Walmart (WMT) earnings and consumer sentiment around the company. He highlights their logistics and delivery prowess and expects “very good numbers” for the quarter. However, guidance will be key to the market’s reaction, he thinks. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - htt...

Dustin Reid and Andrew Wells weigh the FOMC July minutes. Dustin calls them “a little stale” because of the major shift in sentiment from the jobs data. He says that if “they had the data already” they probably would have cut rates in July and is “pretty constructive” on a cut in September. Andrew lists the criteria he thinks the Fed will be using to make their rate decision but says predicting th...

Kyle Brown, CEO of Trinity Capital (TRIN), discusses the company’s business and earnings. The international alternative asset management company has a “robust” pipeline and sees opportunities in the upper-middle market. They’ve seen a “significant uptick” in equipment spending as companies look to reshore manufacturing in the U.S. Trinity is also providing financing for computing equipment as the...

George Young expects the Fed to stay the course: “no change is probably good.” He covers how he helps clients divide investments between equities and fixed income depending on their situation – especially with regard to taxes. His stock picks right now include Atlas Energy (AESI), Republic Services (RSG), and Ligand (LGND). He stays away from companies with high debt and weak management. ========...

Immediately following the release of the FOMC meeting minutes from July, David Stryzewski talks about the Fed's current position as one between a "rock and a hard place." He says Fed members have to weigh whether to cut rates faster and risk higher inflation, or cut slower and risk hits to the labor and housing markets. David still expects 100bps in interest rate cuts by the end of 2...

Aaron Zulter, CEO of Popinsanity, a gourmet popcorn shop, explains what’s driving the artisanal snack market. He says consumers are becoming more educated about what they’re consuming, and are looking for “new, different, innovative and trending.” He discusses how tariffs have impacted his business, although he emphasizes Popinsanity tries to source domestically. ======== Schwab Network ======== E...

UBS initiated coverage of Oklo Inc. (OKLO) with a neutral rating and $65 price target. The firm sees high potential in its margins but expressed concern over its lack of revenue and the uncertain outlook of the nuclear power space. Diane King Hall talks about the "stock story" surrounding Oklo and its reliance on the A.I. buildout. As she puts it, it's an investment that can take yea...

Nick Raich and Jamie Myers debate Target (TGT) earnings and the new CEO. Jamie thinks Target has lost its identity and so is struggling to compete in a difficult retail market. Nick says the market “needs proof” that the new CEO won’t bring “more of the same” strategy. They talk about what Target should do to find its footing again, including potential store closures and ways to entice customers....

From A.I. to retail, TheoTrade's Don Kaufman is bearish on all of today's Big 3. He believes technicals are working against Broadcom (AVGO), braces volatility around Walmart's (WMT) earnings, and expects Starbucks' (SBUX) recovery story to take longer than investors expect. Don offers example options trades for each stock while Rick Ducat dives into the technical trends he thinks i...

Jeffrey Small thinks a market pullback could be “healthy” here and argues that normal seasonal volatility is creating buying opportunities. He sees Nvidia (NVDA) earnings next week as a major catalyst for stocks – and he expects a beat. However, if they underperform, he says it would “rattle the surge we’ve had in the tech sector.” He adds that Mag 7 stocks are “underpriced,” and thinks institutio...

Danielle DiMartino Booth gives investors a big picture perspective on the FOMC ahead of the Jackson Hole Symposium. She's hoping Wednesday's FOMC meeting minutes from July will add color behind the double dissent to leaving interest rates unchanged. At Jackson Hole, Danielle sees Jerome Powell tempered expectations for a 50bps cut in September and instead move toward commentary for 25bps....

Walmart (WMT) reports earnings before the opening bell Thursday morning, and Sam Vadas says everyone will be reading through the company's growth story. She believes the Fed will use Walmart's shopping trends as a way to measure inflation impacts, and its outlook to determine consumer confidence. Sam also urges investors to look for tariff impacts after President Trump previously suggested Walmart...

Burt Flickinger considers TJX Companies (TJX) an unstoppable company. He points to the company's latest earnings, miniscule debt, and management as reasons for it being "one of the best stocks for the next 15 years." He believes it will deliver in any portfolio as long as investors hold it long-term. On the other end of retail, Burt explains why he "wouldn't touch" Targ...

Estée Lauder (EL) traded down after posting roughly in-line earnings and guidance. Diane King Hall explains that a projected $100 million tariff impact to outlook is hitting the stock. Lowe's (LOW) posted a beat and raise that impressed investors, a stark contrast to the response seen in Target (TGT). Diane later talks about Toll Brothers (TOL) and how it topped earnings estimates despite affo...

Ben Emons discusses dissent within the Fed ahead of the latest FOMC minutes release. He believes there’s room to cut rates and thinks the market might be more volatile into the September decision. He thinks they should cut rates by 50 bps then to “give the economy the necessary boost.” He says it's possible Fed Chair Jerome Powell will shock markets with his speech this week. Ben also discusse...