Schwab Network

6,050 continues to be a wall in the SPX, though geopolitical tensions didn't help the index as it closed lower on the session. Kevin Green points to price action falling below a key metric on the 15-minute chart that opens room for bears to pull the SPX to lower lows. He also notes volatility risk with more economic data around the corner, along with the FOMC interest rate decision on Wednesda...

Zed Francis says it's "pretty impressive" how different Tuesday's trading action was compared to Friday, noting the stark shift in interest rate trading. However, Zed argues the "flight to safety" aspect may not hold for long. He later weighs in on commentary from JPMorgan Chase (JPM) CEO Jamie Dimon warning investors of a "crack" in the bond market. As for th...

Frank McKiernan previews the FOMC meeting tomorrow. He expects only one rate cut this year, arguing economic growth is better than most people expect. He thinks the Fed will reiterate their data dependent, patient stance. He talks about the “contrarian bullish signals” he sees in the market, but thinks high interest rates and stagflation remain the biggest risks. ======== Schwab Network ======== E...

Jacob Aiken-Phillips and Michael Green give their takeaways from the May Retail Sales report. Michael thinks a lot of demand from China was pulled forward, showing up in strength in furniture and other areas. He thinks people are ignoring the weakening labor market and that tariffs are a “tax on consumption.” He’s also wary of student loan repayments restarting. Jacob notes that control group numb...

Solar companies aren't the only ones facing tax credit cuts. Morningstar's Seth Goldstein talks about President Trump signing congressional orders that would end EV tax credits in California. While Seth sees short-term EV adoption plummeting, he doesn't believe they affect the long-term picture. Turning to Tesla (TSLA), he explains why Morningstar has a $250 fair value price target eve...

Kevin Horner’s Technical Tuesday charts cover the SPX, United Airlines (UAL), and Applied Materials (AMAT). He highlights the SPX 20-day moving average as an area to watch. On UAL, he points to a range between $73-$84 and thinks a short-term bull could be interested in the current moves. He notes a bearish divergence on AMAT’s RSI and thinks the stock could need more time to consolidate around the...

Chris Fasciano is “cautiously optimistic” on the rest of the year, but “barring something unforeseen,” he expects the economy to gain momentum, setting up for a leg higher in 2026. “Diversification is back in vogue,” he says, pointing to international equities especially. He also anticipates GDP growth in the back half of this year. ======== Schwab Network ======== Empowering every investor and tr...

Anthony Ferry breaks down May Retail Sales, which fell more than expected. He notes pockets of strength in health & beauty and furniture. He notes that shipments from China are down significantly. “What people can get are what people are buying,” he says, and expects shelves to be emptier the next few months. However, he expects a very strong Prime Day sale for Amazon (AMZN). ======== Schwab N...

Marley Kayden goes in-depth on the complicated contract between Microsoft (MSFT) and OpenAI to explain why OpenAI's murky legal path ahead. Adding a wrench into talks: Openbank's tentative $30 billion stake that hinges on OpenAI separating from the Mag 7 giant. As Marley explains, it's much easier said than done. ======== Schwab Network ======== Empowering every investor and trader, ev...

LikeFolio briefly touched on Roku Inc. (ROKU) Monday after it reached a deal with Amazon (AMZN) to run its ads. Today, Landon Swan says Roku remains a leader in a "very quickly" growing industry, despite warnings of a "yellow flag" in competition. While Amazon's deal gives Roku more runway, Landon notes Fire TV and Samsung TV tapping into its market share. He says the compa...

Don Nesbitt and Jake Clopton break down Lennar (LEN) earnings. Jake says buyers are “tapped out” in the housing market, so homebuilders have to somehow lower their prices, tightening margins. Don notes that other factors, including a lack of Fed cuts and higher property taxes, are also pressuring both sides of the market. ======== Schwab Network ======== Empowering every investor and trader, every...

Jessica Inskip will be listening to Fed chair Jerome Powell's interest rate commentary Wednesday as markets flip-flop on bearish and bullish sentiment. She also talks about how macro developments are impacting today's Big 3. On Vertiv Holdings (VRT), Jessica tells investors to keep an eye on it as A.I. infrastructure grows. She notes Reddit's (RDDT) A.I. and ad revenue strengths, along...

Are bonds broken? Dave Mazza weighs in. He thinks bond allocation isn’t broken, but “cracked,” with the old 60/40 stock/bond ratio no longer viable. He explains what he thinks has taken its place, from alternative investments to covered call options, and the associated risks. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute new...

Greg Halter gives his thoughts on what the Fed will do next and how the market is holding up during rising geopolitical tensions. He expects “a couple cuts” this year but doesn’t think the Fed will lower rates this week. He talks about how the huge pool of money in retirement funds influences market investments; he thinks small caps are in trouble. His picks now include Eli Lilly (LLY) and Amazon...

Tim Bohen focuses on companies impacted by the Israel/Iran conflict and reacts to the latest economic data. “I am very, very bullish America and where it’s headed,” he says, and was disappointed by the latest Industrial Production numbers because of that. However, he acknowledges it will take years for manufacturing reshoring to make a noticeable impact. He reflects on his “buy-the-dip” call in Ap...

Wells Fargo shared concerns for Tesla (TSLA), citing flat second-quarter vehicle deliveries compared to weaker numbers in the first quarter. With the company's tentative robotaxi launch scheduled this Sunday, George Tsilis says the pressure is on for Tesla to deliver. He believes it's critical the company has a strong showing for investors to gain confidence in autonomous driving. Tim Bigg...

Tsvetta Kaleynska gives investors an overview of the retail picture and where it stands as tariffs paint an uncertain background. While she notes companies like Target (TGT) facing numerous headwinds, it's not the same across the industry. Tsvetta considers Walmart (WMT) a favorite due to its fortress-like balance sheet backed by an acquisition she believes went unnoticed by investors. She als...

Breaking news hits Morning Trade Live with JetBlue (JBLU) cutting back flights after it reported weaker travel demand. Diane King Hall talks about the report and shares how it differs from its airline peers. She also notes the sell-off in solar stocks like First Solar (FSLR) after the Senate proposed cuts to wind and solar tax credits. Diane later discusses Eli Lilly's (LLY) $1.3 billion bid f...

18% of stocks opened in the green but the SPX opened without as much pressure as Kevin Green expected. As the SPX attempts to swing into positive territory, Kevin examines silver's rally to new 52-week highs coinciding with a pop in semiconductors. Kevin also urges investors to keep an eye on VIX with backwardation potential. ======== Schwab Network ======== Empowering every investor and trade...

Michelle Gibley gives the latest updates on the Iran/Israel conflict and whether it threatens the world energy supply. She thinks a sustained price hike for oil is “unlikely.” She reacts to the latest moves out of the Bank of Japan and how it could affect the Japanese and U.S. economies. Michelle sees opportunities in Europe as it makes moves to support economic growth and highlights the “European...

Barclays raised its price target on Nvidia (NVDA) to $200 from $170 and kept an overweight rating on the stock. Jenny Horne notes the firm also raised its compute estimates for the chipmaker and talks about the FOMO Nvidia continues to generate. She also turns to Microsoft (MSFT), which ticked lower after OpenAI accused the Mag 7 giant of anticompetitive behavior. ======== Schwab Network ========...

President Trump flew to Canada overnight for the G7 Summit only to turn back around as the Israel and Iran war grows. Kevin Hincks reports from the Cboe Global Markets to break down the latest developments and its impact on commodities like crude oil. This, as the Fed starts its interest rate meeting today with a decision expected tomorrow afternoon. Kevin says Jerome Powell and company will tackl...

On the heels of a Wall Street Journal report pointing to OpenAI and Microsoft (MSFT) tensions reaching a "boiling point," Rick Ducat examines the technical layout on the chart of MSFT. He points to $447 as a heavy-trading area on the chart's volume study, as shares of MSFT hit all-time highs this week. Then, Tom White compiles an example trade for MSFT using a neutral to bullish appr...

Rob Thummel is at the NYSE site to discuss the global energy market. He says there hasn't been a real supply disruption so far in the Iran-Israel conflict, but the greatest concern remains escalation near the Strait of Hormuz. He believes Iran wants to de-escalate the conflict, which could drop oil prices to $60. Rob believes other Middle Eastern countries and OPEC members could fill any gaps...

Carin Pai joins Diane King Hall at the NYSE set to preview this week's FOMC meeting. She believes the central bankers will continue to take a "wait and see" approach citing resilient economic data. On the equity front, Carin believes valuations are at the top end of the range and could keep markets rangebound for the remainder of 2025. She cautions that markets could be susceptible t...