Best Ray Peng Podcasts (2025)

1
‘It’s Still a Good Time to Buy’ Real Estate, Rates Staying 6%-7% 7:19

9h ago7:19

7:19

Erin Sykes says that it’s a buyer’s market right now for housing, and people on the sidelines are getting ready to purchase in the coming months. She looks at down payment amounts and which areas are seeing the strongest demand. She thinks home prices will remain “somewhat stable” and doesn’t expect a crisis. Erin also expects mortgage rates to sta…

1
Stock Market Today: NVDA $4T Market Cap, MSFT Upgrade, MRK & VRNA Merger 2:00

10h ago2:00

2:00

Boosted tariffs on select countries didn't stop markets from rallying, which led the NDX to hit another new all-time high. Nvidia (NVDA) also reached a new milestone: $4 trillion in market cap, the first company to ever reach the number. Microsoft (MSFT) climbed to a new high off an upgrade from Oppenheimer. Merck (MRK) and Verona Pharma (VRNA) ral…

1
Forrest: NVDA Rally Not Driven by Fundamentals, LLM Builders Need to Change Algorithms 5:15

10h ago5:15

5:15

Nvidia (NVDA) hit $4 trillion in market cap, the first company to ever do so. Kim Forrest says the drive higher was not for fundamental reasons and made the stock "richly valued." She still believes it will remain the leader "for the foreseeable future." Kim also notes how LLM codes are becoming archaic in some ways, arguing builders need to update…

1
Overlooked Stock: PENG Earnings Show Turnaround Potential 5:39

10h ago5:39

5:39

Penguin Solutions (PENG) posted earnings that impressed investors, as the stock rallied more than 10% on the session. Memory growth showed their biggest strength, which Charles Schwab's Ben Watson argues flips the page to a "turnaround story" for Penguin. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subsc…

1
2Q Earnings Season Expectations, ‘5-10’ Market New Highs Before 2026 7:36

10h ago7:36

7:36

David Kudla looks ahead to 2Q earnings season, with a consensus estimate of 5% growth. He thinks fiscal stimulus in the tax bill and the Fed cutting rates in the back half of the year will boost markets, propelling them to new all-time highs. He also gives his estimates for U.S. GDP this year, anticipating a good overall growth rate. ======== Schwa…

1
Dispersion in FOMC & Market Leaders, Kicking the "Tariff Can" 8:03

11h ago8:03

8:03

Liz Ann Sonders with Charles Schwab takes a closer look at today's FOMC meeting minutes from the June congregation. She notes dispersion between Fed heads on how many interest rate cuts the U.S. should have. Liz Ann also talks about the diversion she's seeing in sector leadership on Wall Street. Michelle Gibley later talks about the "tariff can kic…

1
Fed is ‘Confident in Their Path’, But Unknowns Remain 6:53

39m ago6:53

6:53

Dan Deming says the FOMC minutes show inflation has not behaved how the Fed expected over the last few months. “It doesn’t appear they’re going to be in any hurry” to cut rates. While we have seen layoffs, Dan thinks the labor market is still strong. Turning to copper after President Trump threatened a 50% tariff on the metal, he notes that would t…

1
Measuring Options Activity in MRK & XLV: Healthcare Levels to Watch 5:08

42m ago5:08

5:08

Rick Ducat turns to the healthcare sector on today's options analysis. He starts with the SPDR Health Care ETF (XLV), noting the recent breakdown of a head and shoulders pattern and potential for both bearish and bullish action ahead. He also looks at the recent "bottoming out" of Merck (MRK) and shows the levels investors should watch moving forwa…

1
Gerber: Musk Focus, Robotaxi Tech & EV Sales Needed to Accelerate TSLA 11:36

1h ago11:36

11:36

Ross Gerber returns to Market On Close to talk all things Tesla (TSLA). On Elon Musk, Ross shares concern with the CEO starting his "America Party," calling it a reversal of his promise to turn his attention back on the company. On autonomous driving, he argues Tesla is far behind companies like Alphabet's (GOOGL) Waymo, something he believes Musk …

1
Wasserman: Market Running on Pure FOMO 9:13

1h ago9:13

9:13

Max Wasserman says the market is running on “pure momentum” and FOMO. “I don’t think anyone’s concerned about tariffs right now. I don’t think anyone’s concerned about valuation…people are ignoring interest rates.” He thinks the market will wake up sometime in the fall, especially as the Fed moves: “at some point, gravity’s going to come in.” He li…

1
Market Becoming ‘Pretty Comfortable’ with Trade News 7:14

1h ago7:14

7:14

Brian Jacobsen and Andrew Wells break down the latest trade news. “If we look at our successes to date, the market’s probably getting pretty comfortable” about potential deals, says Andrew. Brian focuses on major U.S. trading partners and thinks we can model what trade agreements might look like for them. “We’re going to be hearing from companies a…

1
Steinbach: Now is the Time to Buy Real Estate 7:15

1h ago7:15

7:15

David Steinbach reacts to the breaking FOMC minutes. He thinks that it’s a good time to buy real estate and says the private markets are “a very unique opportunity.” Investing in “hard assets” will “do well in the times we’re in right now,” he argues, comparing today’s situation to the ‘60s. “Making some smart decisions today will pay dividends in …

1
Roberts: META & NVDA Will Lead Mag 7, Temper Growth Expectations 8:12

1h ago8:12

8:12

Retail investors continue to push the bull market further, according to Lance Roberts, noting the strength in first and second-hand A.I. stocks leading that charge. He mentions Meta Platforms (META) and Nvidia (NVDA) as the companies he sees sending markets higher. However, Lance urges investors to "temper your expectations" with many tech stocks a…

1
"Foundational Infrastructure:" Role of A.I. in Building Business Moats 7:03

1h ago7:03

7:03

Jeremy Barnett offers investors insight into how A.I. will affect the future workspace. He says A.I. is setting the floor for how businesses operate, from boosting efficiency to training workers on using the tech for everyday purposes. Jeremy has an optimistic outlook on A.I., arguing that automation offers new opportunities for workers and employe…

1
NVDA Hits $4T Market Cap, Surges Past MSFT & AAPL 4:29

32m ago4:29

4:29

Another milestone was reached during today's trading session after Nvidia (NVDA) became the first company to hit $4 trillion in market cap. As Marley Kayden explains, the A.I. giant made history despite companies like Apple (AAPL) and Microsoft (MSFT) being much more established for far longer. ======== Schwab Network ======== Empowering every inve…

1
Ca$htag$: Delta Airlines (DAL) ‘#1’ for Business Travel 8:55

44m ago8:55

8:55

Landon Swan from Likefolio looks at Delta Airlines (DAL) before earnings. He says that Delta is “the leader in business travel, the leader in premium international,” which are strong recurring revenue categories. He notes an increase in its loyalty program, especially versus competitors. However, it remains on the more expensive end. “We need to se…

1
NFLX "Winning" Streaming Company, WBD Seeks to Steal Audience 5:59

1h ago5:59

5:59

Ken Leon believes Netflix (NFLX) will continue its rally as a streaming champion. He talks about the company's ability to expand content and keep itself out of tariff exposure as bullish signals. Alicia Reese agrees, as long as Netflix continues to show notable revenue growth. She later turns to Warner Bros. Discovery (WBD) and offers insight behin…

1
Schatz’s Stock Picks: CROX, LULU, SHW 7:52

1h ago7:52

7:52

Paul Schatz thinks we could have a rally in 4Q up to $6,600 in the SPX, but thinks it will be hard to get there without a pullback first. “At some point, second half of the year, you’re going to get a tariff tantrum…and markets are going to rally.” He argues that the market will move on past tariffs and onto some other news this year, fully pricing…

1
The Big 3: AVGO, TGT, SLV 11:30

1h ago11:30

11:30

Don Kaufman TheoTrade says he's stepping in front of a "freight train to the upside" with Broadcom (AVGO), arguing there's room for bearish divergence in the stock. He also shares a bearish perspective on Target (TGT) and a bullish view on the iShares Silver Trust ETF (SLV). Don offers example options trades for all three names while Rick Ducat div…

1
DAL Earnings on Horizon: Travel Demand Key, Tariffs Add Turbulence 10:14

5h ago10:14

10:14

Delta Airlines (DAL) will lift off the earnings runway on hopes of a beat. Sam Vadas notes the "relatively stable" expectations from Wall Street for the report but adds tariffs will add pressure to the outlook. One thing Prosper Trading Academy's Scott Bauer believes helps the company: lower oil prices and an expected strong travel season. He also …

1
Flickinger: TGT "Unsustainable" By Itself, Merger to Drive "Rudderless Retail" 14:11

17h ago14:11

14:11

Burt Flickinger argues that Target (TGT) remains attractive because it's "so undervalued" but says he still wouldn't buy the stock. He points to the company's management team as a key issue, along with Target's distribution system. One positive Burt notes is Target's philanthropy and security compared to other retail giants like Walmart (WMT), thou…

1
META Stake in Ray-Ban & Oakley Maker, MRK Acquiring VRNA, TMUS Downgrade 9:58

5h ago9:58

9:58

Meta Platforms (META) is moving to eyewear. As Diane King Hall explains, the Mag 7 giant is seeking to build its own A.I. glasses. In the healthcare space, Merck (MRK) has entered an agreement to acquire Verona Pharma (VRNA). Diane also dials investors in to a T-Mobile (TMUS) downgrade from Keybanc, as the firm warns investors of near-term headwind…

1
SPX Bullish Momentum Holds, VIX Low Despite Uncertainty 5:32

5h ago5:32

5:32

The SPX still shows bullish signals, says Alex Coffey. He points to the technicals in his "stop light" approach showing how momentum can continue to and beyond all-time highs. He later turns to the VIX and its muted response to recent uncertainty. Alex gives investors historical insight to explain why it continues to hover near 16. ======== Schwab …

1
‘Risky Bet’ Tariff Impacts ‘In the Pipeline’ to Hit U.S. Consumers 10:32

5h ago10:32

10:32

Claudia Sahm explains how 50% copper tariffs would undercut U.S. manufacturing capabilities and argues more broadly that tariffs are “in the pipeline” on their way to hit impact consumers. She calls the slowdown in private payrolls “notable” as she looks at the labor picture. “We’re not in a bad place, but the direction we’re heading…gives us less …

1
Azure Center of MSFT Upgrade, AAPL COO Stepping Down 6:49

5h ago6:49

6:49

Oppenheimer upgraded Microsoft (MSFT) to outperform, citing Azure growth as the thesis behind its bullish sentiment. Jenny Horne talks about how the Mag 7 giant made itself a reliable company in the A.I. trade, even amid volatility. She later turns to headlines on Jeff Williams stepping down from his role as Apple's (AAPL) COO. ======== Schwab Netw…

1
"Watching for Headlines:" Tariff "Window" Widens & FOMC Meeting Minutes 5:32

5h ago5:32

5:32

Kevin Hincks tells investors to expect headlines today. Today was the original end to President Trump's 90-day tariff pause. However, Kevin explains that the administration has opened a "window" for tariff talks until August. The FOMC meeting minutes from June can also draw investor interest if Fed heads show signals of cutting interest rates in Se…

1
Options Corner: DAL Chart & Trade Ahead of Earnings 5:32

6h ago5:32

5:32

Rick Ducat swings by Morning Movers with a look at the chart of Delta Airlines (DAL). He provides the technical setup for the travel name ahead of its earnings report tomorrow morning. Rick says a cluster of moving averages and limited trading ranges could mean volatility ahead. Later, Tom White provides an example options trade using a call vertic…

1
Opportunities Outside of the Top 10 Stocks in SPX 6:06

6h ago6:06

6:06

Eli Horton says his firm at TCW is more active in names outside of the Mag 7 and megacap tech names. He sees opportunities in the other 490 names as roughly 40% of the S&P 500 (SPX) is concentrated into 10 stocks. His company offers several active equity ETFS in various investing themes, such as energy transformation and onshoring the U.S. supply c…

1
Retail Summer Sales: 'Amazon is Going to Win the Day' 6:02

6h ago6:02

6:02

Target (TGT) and Walmart (WMT) begin competing sales events to take on Amazon's (AMZN) Prime Day. Ed Butowsky thinks both will trail AMZN, but says Walmart could have an edge on electronics because of the company's "huge balance sheet" and ability to cut prices. He looks at the subscriber count comparison, pointing to a huge margin between Amazon a…

1
50% Tariff Hike on Copper, Moving Past the July 9th Deadline 7:49

6h ago7:49

7:49

Sam Vadas and Diane King Hall discuss the "moving goalposts" of the ongoing tariff policy negotiations from the Trump Administration. July 9th was the original deadline of a 90-day extension granted in April, but has since been moved to August 1st. The latest tariff news surrounds copper, with Trump imposing a 50% hike on copper imports. Sam says "…

1
Chart of the Day: WYNN Downgrade After New Highs 3:59

7h ago3:59

3:59

Wynn Resorts (WYNN) is the chart of the day following a downgrade from Citi. The analyst adjusted its rating to neutral from buy, with a price target up to $114 from $108. Ben Watson breaks down the technical patterns taking shape in the recent and long-term trading activity. On the 5-day chart, he points to the $108 resistance line which was the C…

1
Stock Market Today: Big Bank Downgrades, META Taps AAPL Exec, CRWV Sells 2:07

1d ago2:07

2:07

Stocks closed mixed on a sluggish trading day, though the RUT showed signs of life with notable gains. Downgrades against JPMorgan Chase (JPM), Goldman Sachs (GS), and Bank of America (BAC) from HSBC did no favors for the session. CoreWeave (CRWV) also got several downgrades after it penned a $9 billion deal to acquire Core Scientific (CORZ). Meta …

1
Tariffs and Rate Cuts: Market's Calm and Future Fed Moves 6:31

23h ago6:31

6:31

Ahmed Riesgo expects the market to shrug off the latest tariff news and believes the worst of the trade war fears are behind us. He thinks the Fed will cut rates at least twice, potentially three times, this year. He also sees underlying weakness in the labor market despite the strong jobs report. ======== Schwab Network ======== Empowering every i…

1
Overlooked Stock: RDWR Rallies on Outperform Rating 4:23

23h ago4:23

4:23

Radware (RDWR) hit a 3-year high after Wolfe initiated coverage on the Israeli cybersecurity company with an outperform rating. Charles Schwab's Ben Watson takes a closer look into Radware's chart and financials to explain how the company is "relatively cheap" compared to others in its sector. However, Ben also notes the challenges Radware has movi…

1
Gold Needs ‘Fundamental Changes’ for Price Breakout 7:02

23h ago7:02

7:02

“Anything is on the table, anything is possible” from this administration around critical minerals and sectors, says Joe Cavatoni of the World Gold Council in reaction to Trump’s latest tariff announcements. He explains why gold prices have been stagnant recently despite trade talk news. “We need to see some real fundamental changes to break out of…

1
Jobless Claims Next Focus in Labor, Paints Uncertain Rate Cut Picture 5:40

23h ago5:40

5:40

Charles Schwab's Cooper Howard says this week's jobless claims data will be the next key data point investors will need to watch. With tariff dates moving later and uncertain inflation impact yet to be felt, Cooper believes the Fed will face an uncertain path for cutting rates by the September meeting. Later, he discusses global trends in yields an…

1
NDX Signals Bearish Divergence, INTC Options Show Bullish Interest 5:09

4h ago5:09

5:09

Rick Ducat breaks down the mixed trading session by diving into the techncials. On the NDX, he warns of bearish divergence taking shape after the index recently broke new all-time highs. However, Rick notes bullish potential for Intel (INTC) signaled by options activity. ======== Schwab Network ======== Empowering every investor and trader, every m…

1
20%-30% Revenue Growth for Prime Day 2025? 7:58

23h ago7:58

7:58

Owen Carr, Chief Merchandising Officer for Spreetail, discusses Amazon (AMZN) Prime Day season and how it has influenced the retail sector. He says with the expansion to four days, sellers are spreading deals out, leading to a lower first day peak. Coming closer to July 4 than last year, he thinks consumers will be buying more summer products than …

1
2Q Earnings Expectations: What to Watch in Quarterly Reports 9:11

23h ago9:11

9:11

James St. Aubin gives his expectations for 2Q earnings season and what he’s hoping to see in company guidance in particular. He digs into the state of the labor market and what he thinks the Fed’s next moves will be. He notes that continuous claims are at the highest level since 2021, arguing that there are “cracks” below the surface in U.S. jobs. …

1
Technical Tuesday: SPX, ASML, RGTI 7:04

23h ago7:04

7:04

Kevin Horner is back for Technical Tuesday! On the S&P 500 (SPX), he highlights the 20-day moving average and the index’s recent “impressive move.” For ASML (ASML), he notes three consecutive bull flags and a golden cross. Rigetti Computing’s (RGTI) stock was pushed back to its 50-day moving average and recently broke a downtrend line. ======== Sch…

1
Sideways Summer Trade for Bitcoin, Stablecoin "Chess Piece" for the U.S. 8:47

23h ago8:47

8:47

"Money is still too hard to move around the world," argues Mark Greenberg. That thought is why he's not surprised to see stablecoins growing substantially over the last year. Mark expects added regulation like the GENIUS Act to give cryptocurrencies a tailwind into the second half of 2025. CoinDesk's Andy Baehr expects Bitcoin to trade sideways for…

1
Blancato: “You Should Own” AMZN, COST 7:52

23h ago7:52

7:52

Phil Blancato thinks large caps are priced to perfection, but there are still opportunities in small caps. He says the latter will “rip higher” if the Fed cuts rates in September. He was “never bought into the rhetoric” of Liberation Day tariffs, arguing that Trump would never deliberately hurt the U.S. economy like that. He likes Amazon (AMZN), ci…

1
June 2025 STAX: Investors Scoop Up TSLA, AMZN & PLTR, Still Wary of Tariffs 6:48

1d ago6:48

6:48

The Charles Schwab STAX increased slightly to 40.66 from 39.68. Joe Mazzola highlights what's driving the bullish uptick. He mentions that investors bought into Tesla (TSLA) when it dipped in early June, while others steadily bought Amazon (AMZN). Joe labels Palantir (PLTR) as a "retail darling," signaling a return to risk-on trade. However, he add…

1
Analysts See "Short-Term Pessimism, Long-Term Optimism" in CRWV 5:45

1d ago5:45

5:45

CoreWeave (CRWV) got hit with multiple downgrades after it announced a $9 billion all-stock deal to acquire Core Scientific (CORZ). The stock sold off more today. Marley Kayden notes the analyst commentary as bearish short-term but sees long-term opportunity for the company. Volatility is another anchor tethering some analysts to the sidelines. ===…

1
"This is a Race:" NVDA Speeds Ahead in A.I., AAPL & Samsung Hit the Brakes 7:58

1d ago7:58

7:58

Daniel Rubino of Windows Central says Nvidia (NVDA) is doing "quite well" in the A.I. space as companies start applying the tech to everyday life. He says bigger companies are boosting efficiency by cutting their workforce, pointing to Microsoft's (MSFT) layoffs as an example. However, Daniel elaborates on a bump in the road with Samsung forecastin…

1
Ca$htag$: Airbnb (BNB) Losing Share to Tradition 8:32

1d ago8:32

8:32

Likefolio’s Andy Swan shares their consumer sentiment data on Airbnb (ABNB). He notes web visits down 10% year-over-year as hotels seem to be gaining. “Airbnb is clearly losing share to traditional hotels…the luster has worn off.” App engagement is also down 3% since last year despite innovative features, and a foray into AI doesn’t seem to be help…

1
Incentive Key for EVs: Race to Decelerate as BBB Cuts Tax Credits 5:55

1d ago5:55

5:55

Today's panel sees companies like Tesla (TSLA) and Rivian (RIVN) suffering from the Big, Beautiful Bill removing tax credits for EVs. Chris Beauchamp says it's really hard to incentivize Americans currently using gas-powered cars to switch to electric. Hatem Dhiab adds that people don't know enough about EVs, and won't want to without incentive. ==…

1
How Tariffs are Being Used as Bargaining Tools 8:09

1d ago8:09

8:09

“We’re going to the next stage here,” Ben Emons argues, where tariffs become a tool to negotiate investment in the U.S. from foreign partners. “We’ve got to think about the ripple effect from there,” he adds: building new manufacturing hubs means building more housing, and so on. He looks at the “long-term story” of the U.S. national debt, and says…

1
Smothers: SPX to 6,500 by Year End, Bullish on AMZN, AAPL, JNJ 8:28

1d ago8:28

8:28

Dale Smothers says it’s a “powerful thing” that traders aren’t running to the bond market for safety. “I believe this is all due to the optimism” around the America First agenda of the Trump administration. He thinks the S&P 500 will finish the year around 6,500, citing pent-up demand and $7T “on the sidelines.” He argues that the market is broaden…

1
The Big 3: NVDA, COIN, FI 14:48

1d ago14:48

14:48

Jessica Inskip is nervous of a "euphoric" market trading near all-time highs but remains bullish on the "efficiency boom" of companies applying A.I. to everyday uses. On her Big 3, Jessica is watching Coinbase (COIN) as a play in stablecoin adoption, Fiserv's (FI) long-term role in crypto applications for banks, and Nvidia's (NVDA) continuing A.I. …

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Ray Peng Podcasts

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