August 12, 2026

Fading the Pop: Scott Bauer’s Contrarian Take on CoreWeave

CoreWeave (CRWV) surged on earnings and Scott Bauer is going the other way. He joined Schwab Network to walk through why the technical picture has him fading the pop and what CPI coming in line means for the market right now.

Scott covers:

  • Why he’s selling CoreWeave into the earnings rally
  • Why a “great report” does not always mean the stock is a buy at current levels
  • What CPI means for rate expectations and the Fed’s next move
  • Why tech is leading the market higher today

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about the author:

Scott Bauer

A respected market commentator seen on Bloomberg, Fox Business, CNBC and other major financial networks, Scott Bauer has 30+ years of professional equity and index options experience at the Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) and as a Vice-President/trader for Goldman Sachs. Scott graduated with Honors from the University of Illinois Business School and has taught classes both at his alma mater and at the CBOE.

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