Core Viewpoint - The Financial Industry Regulatory Authority (FINRA) has voted to overhaul the Pattern Day Trading (PDT) rule, which previously required a $25,000 minimum account balance for executing multiple same-day trades. The new rule, pending SEC approval, will implement a standard intraday margin framework, potentially leading to a surge in retail trading activity [1][2]. Group 1: Impact on Retail Trading - The proposed rule change could trigger a retail trading boom, particularly benefiting brokerages and popular retail stocks, while also increasing trading volumes in volatile penny stocks [2]. - Companies like Robinhood Markets and Interactive Brokers are expected to see significant advantages from the rule change, as it may attract new users and increase trading volumes across various asset classes [7][11]. Group 2: Company-Specific Insights - **Interactive Brokers**: Known for its low-cost margin trading and fast execution, Interactive Brokers has seen its stock rise 56% year-to-date (YTD) and recently reached an all-time high. Analysts maintain a consensus Moderate Buy rating, supported by strong Q2 earnings [4][5]. - **Robinhood Markets**: This platform has revolutionized trading with its commission-free model and user-friendly app. The stock has surged 266% YTD, also reaching an all-time high. The rule change is expected to further enhance its trading volumes and user base [7][8][9]. - **Charles Schwab**: With a robust customer base of over 37 million accounts, Charles Schwab is well-positioned to benefit from the PDT rule change. The stock has increased 31% YTD and is consolidating near all-time highs, with a potential breakout level at $100 [11][12]. - **Tesla**: As a favorite among retail traders, Tesla's stock is likely to see increased intraday trading activity due to the rule change, especially around earnings announcements or significant news [13][14].

Core Insights - The article discusses 12 bank stocks recommended by Goldman Sachs, highlighting cautious optimism among bank executives for 2025 due to easing inflation and interest rates, despite concerns over slow economic growth and regulatory uncertainty [1][4]. Economic Outlook - American GDP growth is projected to decline to 1.5% in 2025, with risks including weaker consumer spending, rising unemployment, and global conflicts [2]. - A technology-driven productivity boost could potentially raise growth to 1.9%, while persistent inflation may slow it down to 1% [2]. - Central banks' monetary policies are expected to influence the global financial environment, with the European Central Bank likely lowering rates to 2.75% by year-end [3]. Financial Industry Sentiment - The US financial industry is cautiously optimistic for the second half of 2025, anticipating robust consumer spending and positive impacts from new regulations and artificial intelligence [4]. - Investment banking is expected to improve, with increased mergers, acquisitions, and IPOs if the Federal Reserve continues to cut rates [4]. Regulatory Environment - Regulatory changes under the Trump administration are anticipated to enhance banking activity, particularly in M&A [5]. - New regulations are facilitating the offering of digital asset products, although building the necessary infrastructure will take time [5]. Stock Recommendations - Fidelity National Information Services, Inc. (NYSE:FIS) has a Goldman Sachs stake value of $739.2 million, with a recent price target adjustment from Raymond James leading to an 8% drop in shares [9][11]. - Citigroup Inc. (NYSE:C) has a stake value of $804 million, with shares rising after a deal to sell a 25% stake in Banamex for approximately $2.3 billion [13][14]. - The Charles Schwab Corporation (NYSE:SCHW) has a stake value of $821.9 million, reporting a 35% increase in core net new assets year-over-year [15][16].

Core Insights - Economic data has consistently exceeded expectations, leading to a rebound in Treasury yields to levels seen before the Federal Reserve meeting [1] - The focus of the market is shifting towards the labor market report and the risk of government shutdown, both of which could have simultaneous impacts [1] - The employment market's significance in the Federal Reserve's interest rate decisions is highlighted, with potential delays in the September unemployment report increasing market concerns about policy direction [1] Financial Performance - FactSet has adjusted the S&P 500 earnings forecast from a previous estimate of 7.7% to 7.9% [1] - Despite appearing robust, actual earnings growth remains below the double-digit growth seen in the second quarter, indicating a "top-heavy" market reliant on the "Magnificent Seven" tech stocks for earnings growth [1] - This reliance on a few large tech companies may explain the recent stagnation in broader market performance, with most stocks and sectors underperforming compared to leading segments [1]

Welcome back to Morning Trade Live. It is time now for the big picture. Let's welcome in the team from Charles Schwab.We have Nate Peterson, director of derivatives analysis, Schwab Center for Financial Research, and Mike Townsen, who is the managing director, legislative regulatory affairs at Charles Schwab. Mike, let's just start with you. We're less than 14 hours away from this potential government shutdown.Now, what should investors be paying attention to. What kind of impact is it going to have. >> Yea ...

Core Viewpoint - The Schwab US Dividend Equity ETF (SCHD) is highlighted as a top choice for dividend investors, providing access to a curated selection of high-quality dividend-paying stocks within a vast market of U.S. equities valued at approximately $63 trillion, with a focus on the $30 trillion subset of dividend stocks [1][2]. Group 1: ETF Overview - Schwab US Dividend Equity ETF tracks the Dow Jones U.S. Dividend 100 Index, effectively mimicking the index's performance [3]. - The ETF narrows down the investable universe by selecting stocks that have increased dividends for at least 10 years and excludes real estate investment trusts (REITs) [4]. - A composite score is created for each company based on cash flow to total debt, return on equity, dividend yield, and five-year dividend growth rate, with the top 100 companies included in the ETF [5]. Group 2: Investment Strategy - The ETF employs a market cap weighting approach, meaning larger companies have a greater impact on performance, and the holdings are updated annually [6]. - The expense ratio of the ETF is notably low at 0.06%, making it a cost-effective option for investors [6]. Group 3: Performance and Yield - The ETF has shown a consistent upward trend in both dividends and market price since its inception in October 2011, currently offering a dividend yield of approximately 3.7%, which is significantly higher than that of the S&P 500 index [9]. - The ETF's structure allows for a "one and done" investment approach, where investors can rely on the ETF to manage its portfolio over time without needing to actively monitor individual holdings [10]. Group 4: Target Audience - Schwab US Dividend Equity ETF is positioned as an ideal investment for those who prioritize dividends, focusing on quality companies with attractive yields and a history of dividend growth [11].

Brand, you have a final trade. Let's talk about it. >> Yeah, ETHA, uh, it's down about 15% from its August highs. It's right at support from its 2020 24 highs.So, I think it's a good setup for Q4 risk on. >> Where are you on Bitcoin Weiss. What what do you see.>> I'm there. I'm there. I I you know, I'm not surprised by it declining after the big runup.I think it'll reassert that. >> You're you're there through what again. >> IBIT. >> IBIT.Okay. That's what I thought. What's uh well you're also in Lidos and ...

The Charles Schwab Corporation (NYSE:SCHW) is included among the 11 Best Bank Dividend Stocks to Buy. The Charles Schwab Corporation’s (SCHW) Dividend Strength: A Reliable Income Stream for Investors Photo by Dan Dennis on Unsplash The Charles Schwab Corporation (NYSE:SCHW) is a leading US investment services firm, providing a broad range of financial products and solutions. It leverages its large client base and extensive capabilities to maintain a competitive advantage. Its primary segments include in ...

Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! BREAKING: Inflation Data Cements Rate Cut Expectations The Relative Strength (RS) Rating for Charles Schwab (SCHW) stock climbed into a new percentile Friday, with an increase from 77 to 81. Â Risk Management In The Stock Market: How Much Money To Invest Now This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 ( ...

Key Takeaways Schwab is considering giving retail investors direct access to private companies.CEO Rick Wurster said growing private firms make expanded access a priority.Robinhood has also filed plans for a fund, giving everyday investors private access.Charles Schwab (SCHW) has been wanting to allow retail investors direct access to private companies. In an interview with Bloomberg Television, as published in an MSN article, SCHW’s CEO and president, Rick Wurster, said that the brokerage giant is explorin ...

Core Viewpoint - The Charles Schwab Corporation (NYSE:SCHW) is highlighted as a relatively cheap stock within the S&P 500, with positive commentary from Jim Cramer, who is a strong advocate for the firm [1]. Company Overview - Charles Schwab provides a range of services including wealth management, brokerage, banking, and advisory services, along with trading platforms, investment products, retirement solutions, and custody services [1]. Recent Performance - The company reported a 17% month-over-month increase in net new assets, which Cramer described as an "amazing gain" justifying the stock's 2.3% price movement [1]. Historical Context - Cramer previously advised caution regarding the stock, referencing skepticism about the company's balance sheet and the influence of short sellers on trading [1]. Comparative Analysis - While acknowledging the potential of SCHW as an investment, the article suggests that certain AI stocks may offer greater upside potential and less downside risk [1].