Surge in Call Options Back Bull Run, Inflation May Open Door to Bears

What this episode covers

As the S&P 500 (SPX) hits a record high, Charles Schwab's Joe Mazzola believes there's room for a higher run. A surge in call options activity, backed by strength in key sectors, serve as key arguments to Joe's bullish thesis. He notes a hot PCE print later this week will become a roadblock should it manifest. Michelle Gibley says semiconductor stocks remain in a cyclical trend not just in the U.S., but also overseas in economies like Taiwan and South Korea. Those countries also face similar concerns as the U.S., particularly in rising inflation. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

PodParley-generated summary based on available episode metadata and transcript content.