After the dust settles from the opening bell, Trading 360 with Marley Kayden features Wall Street’s best traders, analysts and technicians to break down sectors and stocks moving markets. Trading 360 focuses on disruptive companies and new technologies driving market headlines while providing investors a 360-degree actionable approach to trading.

Trading 360

Commercial real estate recovery is occurring, just very slowly, says Greg Friedman. He says liquidity in the housing market will offer the next leg of growth for this corner of the market. However, commercial real estate faces headwinds against banks. When it comes to "winners and losers" in the space, multifamily units is a sector Greg considers a winner and mid-term hotels as a short-term loser.

Commercial Real Estate's 'Slow' Rebound, Identifying Winners & Losers in Recovery

U.S. ramping up oil production will help offset extreme energy prices, says Rob Thummel. However, if the Strait of Hormuz closes off to tankers, crude prices will soar until the Iranian-U.S. conflict ends. One aspect of the general energy trade Rob sees as favorable to investors: the abundance of free cash flow. AI's expanding connections to energy stocks is another tailwind he sees for the sector.

Thummel: U.S. Energy Security to Offset Extreme Prices, AI More Intertwined in Sector

U.S. consumers are shifting toward value and smarter shopping as price transparency increases. Katherine Black and Charlie O’Shea note that while demand for big‑ticket electronics has softened, shoppers still prioritize essentials like smartphones and computers, using AI to compare prices in real time. O’Shea remains bullish on Target (TGT) and highlights Costco (COST), Walmart (WMT), and TJX Companies (TJX) as retail leaders, with upcoming earnings set to test whether experiential retail can counter AI‑driven price hunting.

How AI Is Changing the Way Americans Shop

Michael Sansoterra talks about his top stock picks in AI and healthcare. He names Nvidia (NVDA) as one stock that has more room to the upside, so long as it continues to hand out "picks and shovels" in the AI trade. He expects Eli Lilly (LLY) to remain a leader in the healthcare space due to its GLP-1 drug profitability. While he labels Palantir (PLTR) as "expensive," Michael says AI growth justifies the cost.

Sansoterra: NVDA 'Number One' AI Play, PLTR 'Expensive' Cost Worth Price

U.S. alcohol consumption is slowing as health‑focused trends reshape drinking habits. MichaelAaron Flicker highlights the rise of sober curiosity and “zebra striping,” reflected in earnings pressure at Brown‑Forman and Diageo (DEO). While U.S. sales face economic headwinds, Flicker notes that global demand, ready‑to‑drink products, and non‑alcoholic options are helping sustain the category.

A Sobering Shift for Big Alcohol

Jeff Thompson, CEO of Red Cat Holdings (RCAT), says robust defense spending will lead to equally robust earnings in his company. He talks about the ways drone makers are trying to stay ahead of the spending curve and how Red Cat specifically is benefitting from the $1.5 trillion U.S. defense budget. Jeff talks about his milestones he sees in the years ahead for Red Cat.

Red Cat (RCAT) CEO on Earnings Potential in $1.5T U.S. Defense Spending

The chance of a 3% to 5% upside day is much greater than the chance for a downside day on a similar scale, argues Market Rebellion's Jon Najarian. He points to crude oil's move being less than expected serving as a fulcrum for a bullish reversal. Jon also points to defense stocks like Lockheed Martin (LMT) as ones to watch until the Iranian conflict subsides. On stock and commodity movers, he tells investors to keep an eye on Bitcoin and talks about way to utilize short-term options.

Najarian: Brace for Incoming 3% to 5% Rally, Using Short-Term Bitcoin Options Plays

Jan Rogers Kniffen goes inside out on the retail sector. “I’m solidly optimistic on 2026,” he says, noting many earnings beats (despite market reactions). He thinks the current economy creates a recipe for a strong consumer, and there’s “nothing on the horizon” to stop them. He argues that recent changes in tariff policy won’t impact shoppers. He believes the top five retailers in the country are Walmart (WMT), Costco (COST), Home Depot (HD), TJX Companies (TJX), and Dick’s Sporting Goods (DKS). Tom White offers an example options trade for Costco.

The 5 Best Retailers in the Country & Outlook for Consumer Spending

Rob Williams calls the market “a little complacent” despite yesterday’s volatility, arguing that the U.S./Iran war was anticipated and already partially baked in. He thinks investors need “duration” in fixed income right now and is cautious around equities as the rotation trade continues. He also sees “more in the tank” for international equities.

Finding Diverse Opportunities & Assessing Market ‘Complacency’

Steve Chiavarone anticipates continued rotation into “old economy” sectors like defense and aerospace. He still likes AI-buildout companies with construction, materials, energy, and related sectors. Steve is also looking at companies AI can’t disrupt or replace, like pharmacology or consumer staples. He examines the private credit markets and the risks he sees in the sector, though he doesn’t think the troubles there compare to the 2008-2009 crisis.

Finding Opportunities in the ‘Old Economy’

Tuesday was more of a rotation day than a "flight to safety" trade, says Jed Ellerbroek, saying he's surprised to see investors buying the dip earlier than expected. Looking ahead, he talks about how investors are turning the page on the AI story from risk to value. Companies with sustainable profits are ones Jed sees surviving while riskier stocks need to prove themselves. For more defensive trades, Jed urges investors to look into industrials and materials.

AI's 'New Chapter' in Value & Defensive Trades in Evolving Tech

Sweta Singh talks about the balance of the Fed's dual mandate and how it's constantly shifting due to evolving geopolitical risks. Crude oil's price spike is one key factor to the balance risk, with higher prices potentially curbing interest rate cut expectations for 2026. Sweta also notes private credit risks as something to watch in the weeks ahead.

FOMC Focus Shifts Amid Private Credit Risks, Oil's Risk to Inflation

Todd Rosenbluth with VettaFi notes that non-U.S. ETFs saw their second strongest month on record for inflows. This shift toward international markets is one Todd believes is caused by a combination in U.S. economic uncertainty and higher growth outlook abroad. He later talks about the ETF strategies he recommends for investors.

International ETFs Surge: Todd Rosenbluth Explains What's Driving Global Push

Bhavin Shah, senior vice president and general manager of ServiceNow (NOW), to talk about the company adding Moveworks to its Autonomous Workforce AI platform that the company aims to use in the enterprise space. He walks investors through the process its AI agents take to enhance and speed up workflows for customers. Bhavin later explains how it intertwines the tech with clients like CVS Health (CVS).

SVP & GM of ServiceNow (NOW) on Moveworks, CVS & AI Future

Mike Willis, co-founder and CEO of Cyber Hornet ETFs, says Bitcoin and Ethereum are both buys amid steep sell-offs in the crypto space. While the assets trade around 50% below their all-time highs, he expects historical rebounds to repeat history. Increased institutional exposure adds to Mike's bull case. He later explains how his firm's ETFs allow clients to invest in cryptocurrencies and stocks.

Willis: Bitcoin & Ethereum 'Buy' 50% Below Record Highs, ETFs Adding Exposure

"When we look back at this two or three weeks today, we'll see it as an amazing buy opportunity," says Eddie Ghabour in referencing Tuesday's market-wide sell-off. Corners of the market he sees as buying opportunities: small caps, housing, and emerging markets through the iShares MSCI Emerging Markets ETF (EEM). Eddie also expects gold to continue its run higher while chipmakers will go through a "bottoming process."

Ghabour: Small Caps, Housing & EEM Opportunities, AI Stocks Will Struggle

Target (TGT) missed on revenue expectations but beat on earnings. Additionally, the retail giant backed its metrics with guidance that impressed the Street. Marley Kayden takes investors through the report and highlights what's driving the positive price action on a strong down day for markets. On the options front, Tim Biggam offers an example trader for Target.

Target Hits Earnings Bullseye, TGT Rallies on Deep Selling Day

As Iran escalates attacks on its Gulf neighbors, Gen. Wesley Clark (Ret.) said that there will be no clear timeline on when the conflict between the U.S. and Iran could cool down. Gen. Clark says that much of Iran's weaponry is still untouched, and the possible role of China and Russia in the conflict remains uncertain. Gen. Clark is watching to see when the Iranian Revolutionary Guard will reach a breaking point or if escalation will continue with attacks in Iraq and other U.S. assets in the region.

Gen. Wesley Clark: Don't put a Timeline on Iran-U.S. War

The AI bubble has officially burst, according to Brian Huckstep, who points to a decisive shift from growth to value stocks. While tech giants like Nvidia (NVDA) and Microsoft (MSFT) occasionally regain footing during periods of geopolitical volatility, the broader trend suggests a textbook reversion to the mean driven by overextended valuations. Brian says to stay focused on sector diversification rather than a total exit from tech innovation.

Huckstep: AI Bubble Bursts as NVDA, MSFT & Other Big Tech Struggle

After Paramount Skydance (PSKY) seemingly won the bidding war for Warner Bros. Discovery (WBD), Alicia Reese turns to her expectations on the future of Netflix (NFLX). She believes a merger would have enhanced Netflix's catalog, though she sees the company's core business as one that will prosper without merging. Alicia notes Netflix's ad stack having a strong case for forward growth.

NFLX Future Without WBD: Advertising & Streaming Catalog Offer Bull Case

Susan Spence breaks down the latest ISM data, which decreased slightly from January’s report but has bright spots. Susan walks through the impact of tariff uncertainty, which is keeping businesses from ordering more than a few months ahead. She looks through the categories of the ISM report and highlights the biggest takeaways. Employment is still in contraction but looking better than last month, and she hopes it will expand if order flow picks up.

Takeaways from February ISM: Labor Improvement, Inflation Ahead

Brian Jacobsen turns to the commodity space in crude oil and beyond after the U.S. and Israel launch joint attacks on Iran. He sees gas prices ticking higher and inflation to accelerate, though he attributes the rise to a "punch but not a knockout." Jacob also weighs Bitcoin against gold to determine how each withstands times of volatility.

'Punch but Not a Knockout:' Iran Trickle Effects on Gas, Bitcoin & Gold

Rebecca Walser helps investors break down the volatile price action following the U.S. and Israel joint strike on Iran. "You can't rely on treasuries" in ways you normally can, she argues, noting energy volatility and an unclear path to resolution as key headwinds. That said, Rebecca sees tailwinds for companies like Palantir (PLTR) and other stocks tied to the defense trade. "It's a great time to pick up for winners," she says.

Rebecca Walser on Energy Volatility, PLTR & Defense Tailwinds After Strike on Iran

Jameis Winston, quarterback for the New York Giants, joins Jim Neeson to talk about the IPO Summit after a hot start to the year. They compare a company's public debut to "the big game" and discuss ways why businesses need to "not forget about the moment" on setting incremental goals for success. With companies like SpaceX, Anthropic, and Cerberus setting the stage for their IPOs, Jameis talks about how smaller companies can mirror their success.

New York Giants Quarterback Talks IPO Success & 'Not Forgetting the Moment'

Michael Purves looks to history to make sense of the U.S./Iran story and potential market moves, noting that “oil is embedded” in all recent conflicts in some way. “Being long oil usually works,” he argues, “long gold works.” He tells investors to look for potential U.S. recession cases in the wake of the conflict, and what to do if they believe they see one. Michael discusses the longer-term picture for the energy sector and why he thinks prices will stay higher.

Purves: Long Oil & Gold After U.S. Attacks Iran

Stocks dip, oil rips — it's the pattern Matt Tuttle sees in the Iranian conflict, and Matt tells investors to not go long oil. He sees defense stocks as the favorable play in the weeks and months ahead, specifically in evolving tech like drones and photonics. Matt talks about how his firm's ETFs link defense stocks together. He continues to watch Bitcoin with "a lot of interest."

Tuttle: 'Wouldn't Panic' in Iran Sell-Off, Defense Stocks to Soar

@MarketRebellion's Marc LoPresti says today's focus will be set fully on the evolving war in the Middle East. As crude oil spikes and volatility ramps, he says clarity on next steps in the conflict will be essential to calming markets. As for the U.S. economy, he sees a "silver lining" in the FOMC's view on interest rates. Marc also tells investors to watch for retail earnings, from Target (TGT) and Best Buy (BBY) to Abercrombie &amp; Fitch (ANF).

Next Steps for Market in Iranian Conflict & Retail's Big Week

After Nvidia (NVDA) dominated attention of the AI trade this week, George Tsilis turns to a stock that has fallen under many investors' radars: Supermicro (SMCI). As George notes, the company beat its most recent earnings but faces steepening competition against peers. The stock is cheap compared to the rest of the tech sector, though margins can cut into profits.

Tech Corner: SMCI Valuation Tailwinds, Financial & Competition Headwinds

Soroush Salehian, CEO of Aeva (AEVA), says the latest quarter shows their company is the strongest in the sector for autonomous driving technology. He covers their financials along with their new collaborations, like with Nvidia (NVDA) as a LiDAR supplier. “There’s been this race for automation,” he says, explaining how they are expanding from industrial vehicles to passenger vehicles. “We are no longer in the development phase…we are transitioning to scale and deployment, and it’s only a couple years away.” Soroush covers also covers the products they create for the defense sector.

AEVA CEO: ‘Scale and Deployment’ of Autonomous Cars Only a Couple Years Away

Kevin Rubin, CFO of Zscaler (ZS), talks about his company's earnings which shows a 25% ARR increase. With AI accelerating year-over-year, Kevin talks to investors about ways ZScaler is using the evolving tech to protect against outside AI risks. He later notes the company's acquisitions and long-term growth opportunities they present.

ZScaler (ZS) CFO on Earnings, Acquisitions, AI Threats & Guidance

Don’t miss the go-to resource for pre-market action from the floorof the New York Stock Exchange. Join Diane King Hall for breaking economic news, expert analysis, technical insights, and real-timetrading strategies.

Morning Movers

“Opening Bell with Nicole Petallides" is Schwab Network’s flagship new morning show—broadcast live from the floor of the New York Stock Exchange—and built from the ground up to serve the active trader, the tactical investor, and the market-curious viewer who wants more than just headlines.

Opening Bell With Nicole Petallides

Sam Vadas takes traders beyond the headlines with a sharp focus on the macro drivers, sector rotations, and global forces shaping the day’s market action. From breaking down U.S. and international economic data to analyzing sector performance and cross-asset moves, Morning Trade Live delivers the context traders need to understand the “why” behind early trading activity.

Morning Trade Live

Host Diane King Hall teams up with veteran traders Tom White and Kevin Hincks to break down live market moves and deliver practical trade ideas in real time. From options strategies and volatility plays to earnings reactions, they bring in market specialists, analysts, and guests to give active traders the setups and strategies to help inform their portfolio.

Fast Market

The future of trading is here on Next Gen Investing. Alex Coffey and Jenny Horne take viewers through the markets from a unique perspective to help new investors pursue their financial goals. Next Gen Investing will explore various trading strategies while highlighting trending names and under the radar stocks in the market, while walking investors through real-time example trades.

Next Gen Investing

The Watch List with Nicole Petallides offers investors a midday look at the most relevant stocks, sectors and commodities. Petallides hosts a panel of experts ranging from industry-leading CEOs, analysts and Wall Street influencers to discuss pressing topics moving the market in real-time. The Watch List provides viewers with a midpoint status update for the end of the trading day and beyond.

The Watch List

Market on Close is Schwab Network’s signature end-of-day show—live from Wall Street and Chicago—where market intel meets real-time momentum. With Sam Vadas at the NYSE and Marley Kayden anchoring from Chicago HQ, we connect the dots between traders, catalysts, and tomorrow’s opening bell.&nbsp;

Market On Close

Market Overtime takes a break from the day-to-day news cycle and explores global financial trends with veteran investors and leading market minds. The show is a conversation looking at what is driving headlines globally, and what these trends mean for markets, the economy, and your financial future. Tune in to Market Overtime to get a new perspective on investing.

Market Overtime

Ever wonder what&nbsp;really&nbsp;makes a trader tick? Watch as a renowned neuroscientist takes you inside the minds of some of the most brilliant traders so you can discover ways you might apply their thinking to your own strategies. Presented by our broker-dealer affiliate, Charles Schwab &amp; Co., Inc., member SIPC, a subsidiary of The Charles Schwab Corporation,&nbsp;Inside the Mind of a Trader&nbsp;uses a mixture of questions and experiments to explore the mindset of three seasoned traders.Episodes premiere weekly starting Tuesday, September 3, 2024.

Inside the Mind of a Trader

Instead of sitting on the sidelines, take control of your financial future by watching Your First Trade. Host Ben Watson, Sr. Manager, Education Coach&nbsp;takes you on an educational journey where you can discover fundamental trading concepts and how to navigate the thinkorswim platform from Charles Schwab &amp; Co., Inc, member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. Your First Trade program content is presented by Charles Schwab &amp; Co., Inc. a broker/dealer, for educational purposes only.

Your First Trade

     

The Wrap is a nightly recap show, delivering the day’s top market headlines and most insightful interviews from Schwab Network's daily market coverage. Airing daily at 7pm ET, it highlights key takeaways from the trading session, expert analysis, and actionable ideas from the network’s best conversations—giving investors a concise, informative look at what moved the markets and what to watch next.

The Wrap

Schwab's Chief Investment Strategist, Liz Ann Sonders, brings her market insights and economic analysis to Schwab Coaching! Liz Ann Sonders and host Joe Mazzola will discuss her Market Commentary column and update you on the latest economic data and indicators that could impact the investing landscape. Join us and don't hesitate to ask your questions during this live, interactive segment.

Liz Ann Live

Join Schwab’s panel of experts on&nbsp;December&nbsp;11th for 2026 Market Outlook — your guide to the forces shaping stocks, global markets, inflation, rates, and more.&nbsp;Hear from experts on where the markets may be heading, spot opportunities, and see what could drive your portfolio next year.Tune in on&nbsp;Thursday,&nbsp;December&nbsp;11th&nbsp;at 7pm Eastern on Schwab Network.

Schwab 2026 Outlook

Schwab's Chief Investment Strategist, Liz Ann Sonders, brings her market insights and economic analysis to Schwab Coaching! Liz Ann Sonders and host Joe Mazzola will discuss her Market Commentary column and update you on the latest economic data and indicators that could impact the investing landscape.

Liz Ann Live | Liz Ann Sonders & Joe Mazzola | 3-2-26

Schwab's Chief Investment Strategist, Liz Ann Sonders, brings her market insights and economic analysis to Schwab Coaching! Liz Ann and host Ben Watson will discuss her Market Commentary column and update you on the latest economic data and indicators that could impact the investing landscape.

Liz Ann Live | Liz Ann Sonders & Ben Watson | 2-23-26

Schwab's Chief Investment Strategist, Liz Ann Sonders, brings her market insights and economic analysis to Schwab Coaching! Liz Ann and host Joe Mazzola will discuss her Market Commentary column and update you on the latest economic data and indicators that could impact the investing landscape.