Markets Repeating 2007; Fed Pivot's Impact On Stocks, Bitcoin, Gold | Gareth Soloway

*This video was recorded on August 26, 2024

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*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

0:00 - Stock markets repeating 2007
5:30 - Fed pivot and market reaction
9:36 - Fed pivot and recessions
13:21 - Bitcoin and NASDAQ
16:28 - Bitcoin price outlook
24:19 - Gold
27:20 - RSI momentum

#bitcoin #stocks #trading

[TheDavidLinReport]

How will markets react to the first Fed pivot since 2019?



FOLLOW GARETH SOLOWAY:

[Jamesjerome]

I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .

[MR-hubx]

I just cannot believe that Gareth made that Bold prediction 1 year ago that stocks wouldn’t break ATH’s for 10 years to come and not he’s taking about the S/P breaking all time highs 😂

Sorry Gareth, I use to think you knew what you were talking about but now I believe you don’t know what’s happening at all.

[jaredmotopnw]

I’m still unemployed after a year. I just reached out to a recruiter after updating my portfolio and they said “we get 1500 applicants in a day…” The government is screwing with numbers. There’s no way we’re NOT in a recession. And the more people I talk to, the more people they know in similar positions. And to those who say, “there’s plenty of jobs in X sector.” Yeah. The ones recruiters say, “I’m overqualified for?”

[seventhirteen]

Guys like Gareth, that have failed in every aspect of investing, need to constantly find new marks to shill their useless junk to. He is an absolute disgrace.

Garret: “i bought $xyz at $100”
($xyz goes to $10)

2yrs later, Garret: “i bought more at $10, bringing my average to $15”
($xyz goes to $16)

Garret: “i sold $xyz for a profit!”

[Chris-dzsy]

Avoid Soloway at all costs. Just my opinion.

[BudFox_]

David, you need to ask him about his risk management practices (which don’t exist). He’s still short many of best performing stocks, and NEVER honors stop out levels.

[pinewood]

I just came here to flame Gareth, definitely not watching this. Gareth will celebrate the 10% of the time that he's right like the 90% when he's wrong doesn't exist.

[clover]

The 2007 chart comparison is fascinating. I first saw this comparison on Wed of last week when Bret on Twitter posted the same comparison. You are the latest I hear talk about it. Fascinating

[Xylo]

Gold did sell off in the market panic but the huge difference is it only dropped 4.6% then immediately reversed higher to make a new all time high

[Stephanerkt]

As a technician
As a technician
As a technician

- Gareth

[PakmanR]

Bro cut his man bun but I still don’t trust him

[liciaramos]

*Amazing video, thanks for the steady stream. I'm favoured, $72K every two week! I can now give back to the locals in my community and also support God's work and the church. God bless America.*

[hurcell]

I like to hear what Gareth has to say. With outrageous consumer debt, high food and energy inflation, credit card debt, it makes no sense that this market is as high as it is. A market melt up represents inflation. Let's not ignore the rising unemployment and stagnent wages. Thanks for having him on David.

[Chili_Peppers]

I'm sorry but why are all the bears parading here. Gareth has always been wrong with his calls. It's safe to call him a perma bear at this stage.

[ldyrmln]

I lost quite a bit of money listening to Gareth when he kept calling for Bitcoin sub 10, 000 he had me convinced it was going to sub 10, 000 during the last bear market so I pulled out at 15 and as soon as I did, it took off to 20 and 25, 000. He kept saying over and over and over again it was gonna go sub 10, 000 my bad listening to him.

[ziddi]

If Lin didn't have such a man crush on gareth, he'd never be on!

[mattcampos]

I own a dealership and trust me people don't have money or not spending people want everything on credit the economy is extremely bad but who knows what will happen the data is completely unrealistic

[HansonWinterHansonWinter-nx]

I Hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started BITCOIN last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.