Why NVIDIA Will Crash 70%, Bring Down Market; ‘I’m 6 Months Early’ Says Gareth Soloway

*This video was recorded on July 1, 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 - Intro
1:10 - Massive divergence
6:13 - NVIDIA
11:20 - Macroeconomic update
21:50 - Market positioning
24:46 - Currencies
25:55 - Bitcoin
28:55 - NASDAQ 100
32:13 - Gold
33:20 - Dollar Index
34:55 - "I'm 6-8 months early"

#stocks #trading #nvidia

[TheDavidLinReport]

Would you be short NVIDIA right now? Comment below and don't forget to subscribe!

FOLLOW GARETH SOLOWAY:

[Aarrenrhonda]

Obviously AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[checkforme]

The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 100% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[gregorywhem]

I've been an investor in Nvidia for the past six years now because I strongly believe in the company and in the stock, but now I've been thinking of redistributing my portfolio of about $560k and buy other stocks. Maybe buy Tesla? They are also doing great things in the AI space.

[DonaldMark-nese]

I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

[Vivienedouglass]

3 years ago, I started investing with $300k, but I've only made about 6% total, or 2% per year, which my friends say is very low. I also put $800k into a 401k with a financial advisor, and it's now worth about $1.2 million after 10 years. I think I need to revamp my portfolio. Any advice on what to do with my money would be greatly appreciated.
....

[ClaudiaSchreiber-bp]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated

[Olea-id]

My father has bestowed upon me a portion of his 300k NVDA holdings. But i feel it’s a risky game especially for someone like me who isn’t focusing hard on the market. I just don't want to make any wrong move. Do I hold or sell and buy back? Genuinely asking for any advice.

[DavidCovington-stid]

I keep telling both friends and family; Now is the perfect time to own a Tech Stock, With everything going on and seeing how the world is been run by AI and all Tech is here to stay and you don’t want to miss it

[CrystalJoy-]

I'm an amateur with a portfolio of 80K but it's hard for me to build confidence. I want to invest another 70k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any stock suggestions?

[emilyburton-hl]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[crisfehr]

Whenever Gareth’s on the show, it’s entertaining to just scroll straight down to the comments! 😅

[MaryLawson]

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.

[michaeldavid]

The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?

[jjbeatz]

lol he called for a $9k bitcoin in 2022. He shorted Bitcoin at $25k in 2023, Bitcoin rocketed to $73k. And in October of 2022 he was claiming stocks wouldn’t hit a new all time high for “10 years”, literally 18 months later every stock hit a new ath and are still hitting new highs. He got lucky calling for a $20k Bitcoin back in 2021 when Bitcoin hit $69k at the top, and he’s been milking that call for years now.

[JasonJeffrey-gnsr]

I had problem comprehending trading in general. I tried watching other YouTube trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow

[DanDang]

David you have to have an Independent observer examine this dude’s Services. It helps no one if you keep inviting someone misleading the public with his products.

[ep]

Being early is also called being WRONG!!

[MAchannel]

David
Why do you bring these clowns on.
No one knows what will happen and a 70%, correction
I think there is a 70% chance he 100% wrong.

[benjaminsmith]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680, 000 savings vanish after putting in so much effort to accumulate them