Charles Schwab Corporation (SCHW)

71.75
NYSE
Prev Close 71.52
Day Low/High 70.00 / 71.88
52 Wk Low/High 31.63 / 72.16
Exchange NYSE
Shares Outstanding 1885.19B
Market Cap 134.83B
P/E Ratio 27.55
Div & Yield N.A. (N.A)

Minding Mr. Market

* The decline in speculative stocks has been historic and broad-based - something I have been expecting for months * I remain bearish on the overall outlook for equities   Yesterday's market was brutal and broad-based to the downside:  * The specula...

Daily Affirmations With Dougie Kass: On Coinbase

"I am going to write a good Diary on Real Money Pro today... and I am going to help people. Because I am good enough, I am smart enough and doggone it, people like me." - Daily Affirmations With Dougie Kass Today's Affirmations is about Coinbase - t...

Schwab Update

* The outlook worsens a bit  Schwab is on my Best Ideas (short).  Compared to many other financial intermediaries, SCHW reported a disappointingly small beat relative to consensus for 1Q2021.  More importantly, the company's conference call revealed...

The Reflex Game, Re-Rotation, Big Bank Bonanza, Oil Demand, Johnson & Johnson

The Reflex Game, Re-Rotation, Big Bank Bonanza, Oil Demand, Johnson & Johnson

How Interesting. On Wednesday, market participants rotated out of the un-rotation that had been in vogue for most of April.

Sell The Winners Buy The Losers, Dayenu?

* In a (price) momentum based investment world the winners often get overextended and the losers often get oversold  "Ilu ho-tsi, ho-tsi-a-nu, Ho-tsi-a-nu mi-Mitz-ra-yim, Ho-tsi-a-nu mi-Mitz-ra-yim, Da-ye-nu! .. CHORUS: .. Dai, da-ye-nu, .. Dai, da-...

Nothing Normal About This Market

The speculative gewgaws have lost their bids again and are falling back to earth.  , , , ,  , , etc., getting taken to the woodshed.  Usually this portends broader market weakness - but there is nothing normal about this market.  Meanwhile, in part ...

Banks, Markets, 'Hard' vs 'Rotational' Corrections, and the Declining Reward/Risk Opportunity

"Price is what you pay, value is what you get." - Warren Buffett  The modest decline in bond yields, and rise in bond prices, coupled with some risk that a robust economic recovery may be more tentative than many expect recently underscore the sensi...

Three Short Moves

I would continue to scale out of banks and consider shorting and in here. I would be adding to a Delta Air Lines  short in here.    

Some Trading and Investing Ideas

* What to do now  I continue to like ViacomCBS and Discovery as long trade rentals.  I liked yesterday's pin action in Verizon , Walmart , and Twitter .  And I would invest in all three at current prices - on the long side.  I still like Schwab  and...

There Is No Market Leadership

* Slowly, but very surely, prior market leaders have crashed * At times, markets can churn when leadership is unclear or non existent * But, given current high valuations, a more ominous market outcome seems more likely * Consider "Uncle" Bob Farrel...

Jim Cramer: In Jay We Trust

Jim Cramer: In Jay We Trust

Here's why the Fed chief will probably be proven dead right in his views of inflation.

More Schwab

I have added to my Schwab short at $64.25 just now.

More SCHW

I have been adding to my Schwab short.  

Managing a Portfolio for Different Timeframes

* How I manage an increasingly complex market mosaic * Good money managers ladder timeframes within one portfolio * The artificiality of short term moves provides unique trading opportunities compared to any other time in history There is a tendency...

Kass: Time to Introduce a Financial Transaction Tax and End Weekly Stock Options

Kass: Time to Introduce a Financial Transaction Tax and End Weekly Stock Options

I believe more sensible regulations should be considered and enforcement is needed to adapt to gains in technology.

You Had to Be in These Stocks to Win From Them

You Had to Be in These Stocks to Win From Them

Let's look at my recommendations from when the nation was panicking over COVID and how they did after.

Stop the Speculative and Manipulative Madness by Introducing a Financial Transaction Tax and by Eliminating Weekly Stock Options

* Speculation is an almost constant condition - it has been going on thru the history of time * But manipulative practices ruin our markets * The introduction of a financial transaction tax and the elimination of near term (weekly) call options woul...

Initiating a Short Position in The Charles Schwab Corporation

* And placing the shares on my Best Ideas List (short) at $65.12  I have followed Charles Schwab since it was listed on the Exchange.  On the heels of a Bull Market in stocks and based on higher interest rates, allowing SCHW to earn a better rate on...

Amid Monday's Weakness, This Group Is Showing Strength

Amid Monday's Weakness, This Group Is Showing Strength

If you aren't in the favored sectors right now, you are going to miss out.

Schwab Raised to Peer Perform at Wolfe

2 Online Broker Myths, and 1 Trading Opportunity

2 Online Broker Myths, and 1 Trading Opportunity

The 'suits vs. retail' paradigm drove up GameStop and AMC, but market reality shows quite a different story. Here is how to benefit from shifting allegiance in online brokerages.

Jim Cramer: Memo to Washington - Fix the Markets Technology Issues Now

Jim Cramer: Memo to Washington - Fix the Markets Technology Issues Now

If the infrastructure weren't so antediluvian then much of what occurred wouldn't have.

8 Banking, Brokerage and Specialty Finance Favorites

8 Banking, Brokerage and Specialty Finance Favorites

These top picks for 2021 include consumer banking, finance REITs, brokerage, mortgage, insurance and wealth management names.

Can the Retail Mob Push Silver Higher?

Can the Retail Mob Push Silver Higher?

Silver has had a reputation as a market that can be easily manipulated.

I'm Looking for More Buys Into This Weakness

I'm Looking for More Buys Into This Weakness

I feel like I've been in a wrestling match with the technical issues and big moves.

There's So Much Strong Market Action That It's Overwhelming

There's So Much Strong Market Action That It's Overwhelming

Small, aggressive traders are doing so well with the chasing that they are likely to continue for a while.

PulteGroup Is in a Prime Position as New Housing Demand Grows

PulteGroup Is in a Prime Position as New Housing Demand Grows

This is one of few homebuilder equities that did not have a big move up in 2020 and the stock is cheap.

How Willing Are Traders to Chase in This Market?

How Willing Are Traders to Chase in This Market?

I view the trading action as opportunistic rather than problematic.

Covid Surges, Playing Politics, Charting the Nasdaq and S&P 500, U.S. Outlook

Covid Surges, Playing Politics, Charting the Nasdaq and S&P 500, U.S. Outlook

Markets have certainly recovered nicely off of the lows of late September. Now, here in mid-October, it feels like it did that cold night back in 1980-something. The wolves are visible and noisy.

I Let You Know About These Great Opportunities -- Now I Have Another

I Let You Know About These Great Opportunities -- Now I Have Another

Let's see how Affiliated Managers Group could bring great returns.