Charles Schwab Corporation (SCHW) News

Same here ! Have you noticed the timing of the “problems” ?

I'll add 12% more shares of SCHW to inventory should the price decline to around $52/share. That's a lot of room down from here.

I trade around my core position for profits and SCHW has been pretty good for that.
https://schrts.co/dHgMbTsU

I entered orders this AM on Schwab's platform with no problems, but haven't been back since around 9AM CDT.

Best wishes,
OAG

Seems like every time the market gets bumpy in either direction Schwab goes offline.....they are an extension of crooked citidel and everyone else fraudulent activitys disgusting people

I'm a long time TD Ameritrade customer, and I'm extremely dissatisfied with Schwab.

Worst trading app ever !!!!!!!

Why is Schwab having problems on balances ?

Today is going to be very very bad for their future business

Dip shit stacked up on the offer on the $57.50 puts, what a manipulator moron that will end up buying them back for over double the selling price,guess you can't stop idiots from being idiots.

SCHW 10Q due JULY16

BLANKING yahoo will not let me to post on SCHW today , hell the system is up and working

jmho

still having trouble logging into schwab , sink or swim down
even having trouble with quotes
jmho

You were correct they resolved it.

Spec machine , Datzzzz a BINGO 😉😃, heck I waited almost ten minutes while listing to some market babble and hung up, WHAT THE HEYYYY

Ts

Any day now ….

spec

It will get resolved

Due to a technical issue, some clients may have difficulty logging in to Schwab.com, our mobile app, and StreetSmart platforms. We’re working to resolve the issue as quickly as possible. We apologize for any inconvenience.

Not me

Anyone else having issues with schwab being down?

SCHW 10Q due 4/15 per Seeking Alpha
Next day settlement begins 5/28 per SEC mandate

SCHWAB SUCKS !!! ALWAYS HAS AND ALWAYS WILL!!!

I have tried Schwab's platform for streaming quotes. I noticed something from the very beginning. Every time I entered a buy, the price went up. Then if I tried to sell, the price would drop like a rock. Always check to see if platforms from all brokers do the same before using them.

And just to let everyone know, look at your own records history. Personally, I have lost more using Schwab than from my other broker. That says something.

I closed my account with Schwab. IMO, they are a bunch of manipulators who do not take care of their customers. I have been doing much better with my other broker. I am also thinking that Schwab people are manipulating their own numbers, just my opinion. My advice, find another broker and have nothing to do with Schwab. But, make the decision for yourself.

CNBC today said they estimated to lose 4% assets from the TDA buyout, but the guy says today is "Below that", not sure if that means much more loss of assets or less loss of assets but with all the complaints it has to be much greater than 4% loss imo
https://www.cnbc.com/video/2024/01/17/charles-schwab-one-of-the-most-attractive-bank-stocks-despite-near-term-headwinds-oakmarks-fitch.html

Heard from Lime Time the 999,999 share trade limit has been removed! They prob got so tired of complaints they had to update it

All old Schwab platforms will be retired this year. I have access to them but all my positions are on TOS now. So far, TOS is mostly what it was for my TDA positions.

Starting in March 2024, Schwab will begin retiring access to all StreetSmart platforms: StreetSmart Edge®, StreetSmart Central®, and StreetSmart Mobile®. This means your trading choices in the future will be Schwab.com, Schwab Mobile, and the thinkorswim® platform suite (desktop, mobile, and web). We will focus resources within these platforms so that we can continue to bring you the best in trading and technology.

Because you currently have access to StreetSmart, we’re providing you with information you’ll need to prepare for this upcoming change to your trading experience.

Agreed They pump their own ticker everyday, swing trading it to stay afloat.

It's a pattern one can make money on but could be hammered anytime for manipulation and scandals that are about to end abruptly.

Where Charles Schwab goes, nothing grows.

Schwab is the Most Hated Broker on the internet! They deserve what they get! They say "Trade Brilliantly with Schwab" as they destroy the TDA website and force peeps over to Schwab outdated platform where you have to click refresh button to see a real time quote, NO STREAMING QUOTES!

$SCHW will get hit hard, shorting precious metals stocks and miners.

SVB crash will be like a walk in the park. When Whale tycoons enter the scene, Its over for Schwab.

Or how about trying to put a simple 100 day MA on a chart? Not possible with Schwab platform, or how about a 5 minute bar chart for day trading? Schwab doesn't allow a 5 min bar chart, it defaults to a lousy line mountain chart so you can't see the hi/lo close of the 5minute bar needed to day trade, their standard platform SUCKS!

We used to be able to hover over a ticker and stats with intraday chart pops up, that's gone with Schwab

Do you trade OTC? Do you know Schwab platforms can't except a 1mill share order? and you'll have to call to place a $100 order for 1mill 1's? And if they feel you're are a sucker they'll try and tag you with a phone assist charge of like $25?

Do you like the extended hold on funds deposited, one guy said today he's still waiting for funds to clear from his 12/19 deposit

What? Do you like the standard platform where you have to click refresh instead of streaming real time quotes you had with TDA?

So far, the transition from TDA to Schwab has been better than I expected. No complaints yet.

Schwab messed up! Everyone's angry, of course we will bash, and for good reason, social media internet is a powerful tool and we traders own it, peeps can read all the negative Schwab reviews online everywhere! I bet they lose 66% of the TDA clients, and the CEO says only 45 complaints per million account transfers into Schwab from TDA...I don't believe it! Not seen it on the online reviews, in fact there are a mess of complaints late 2023 pouring onto the web, Schwab is done! Put a fork in this so called Company!
So, while I understand the frustration of being forced to use a new brokerage service, I can't see that bashing Schwab is accomplishing very much.

Same here!

Well, I do think you're flat out full of it imo, Ur the ONLY one who said they can trade over 999,999 online with Schwab, so it looks to me like you are lying...can you post a trade you did over 999,999 online without a broker assist? Nope, I know you can't cuz it's NOT possible with Schwab, you must work or Ur wife works for Schwab, Schwab is the worst broker out there, everyone says so accept for you

Whatever u say,,good luck

Sorry, it doesn't add up nor make any sense, Schwab does NOT allow trades over 999,999 online period......you think they made a special platform just for you?

When Schwab took over TD my account was switched over very quickly,, as your statement about not having L2 live I already showed you that was not true. Schwab live L2 is fine u just have to download the right 1. If your not happy with a broker find another 1. Best to have multiple brokers when trading . If your trading with large accounts brokers always listen when u want your funds transferred to other brokerages

IDK, but obviously there is some lack of communication here, cuz if you trade with Schwab in USA, a USA citizen cannot place orders for more than 999,999 shares, it's just not allowed through the online system.....how long have you been able to trade over 999,999 shares without calling them? Something doesn't add up here

I can’t speak for other people,,, what would be the purpose of telling u a falsehood . Believe what you wish.. good luck with your trading

C'mon man, there is no way you traded over 999,999 shares with Schwab online...because their outdated system only allows 6 digit trades not 7....are you with Schwab in US? Cuz they told me multiple times trades are limited to 999,999 max shares and it's been all over Ihub

I also heard about the L2,,, they r downloading the wrong app

Hmmmmmm,,, I never had a problem

Never heard anyone say that they placed a trade more than 999,999 shares with Schwab...not without calling them, they seemed pretty non-negotiable with this and was one of the main reasons I complained to them

I buy orders over 1 mil all the time,, to get live L2 quotes you have to download think or swim app…. 1 thing is you can’t trade from think or swim so you have to switch over to Schwab app,,,,,,,heard they will have that changed shortly

It's been a long wait to recover some cash in this holding. This is my history since the AMTD - SCHW merger back in 2020. The position has rebuilt to more shares than when it started with the repurchases along the way. It's nice to have a cushion of cash here again in case the price cycles yet again.


https://schrts.co/KZhXkUeE

This sale represents a 43% LIFO gain on that last buy. That's enough to help the overall portfolio's performance since it started. It's back just over 100% gain since 2020.

Best wishes,
OAG

I'm still with TDA, they want to close my account by March, from what I hear Schwab is a mess and you can't buy Yield signs and no orders over 999,999, no real time quotes still on standard platform, the L2 on Schab TOS is NOT the same as TDA L2, etc, etc I think they charge 6.95 a trade plus extra to place orders over 999,999 shares